Land claims, whether legitimate, fraudulent or opportunistic, can cripple farms, businesses and the families that depend on them. Thousands of land transactions, financing applications and plans to develop or expand have been scuttled by land claims, and this has cost South Africa incalculably in terms of jobs and rural development. That is why the family farmer network, the Southern African Agri Initiative (SAAI), decided to publish the largest digital land claims database online. Until now the ANC and Department of Agriculture have done everything possible to keep this information secret, but now the SAAI web page enables users to determine their land claim status in about 20 seconds!
SAAI Discloses Land Claims Database Online! Charges Agriculture Minister Thoko Didiza with Contempt of Court
Cyril rushes back to Eskom and cuts visit to Egypt short amidst electricity crisis which holds serious economic consequences for SA
Opposition parties expressed their dismay when the ANC president, Cyril Ramaphosa, went to Egypt amidst #rollingblackouts occurred all over South-Africa this past week. He had to cut his less important visit to short and returned to South Africa to talk to the heads of Eskom about the crisis load shedding has on the finances of SA.
Observers point out that Eskom suddenly announced on Wednesday that it is switching back to Phase 2 load shedding, but experts say the major damage has already been done.
Several opposition politicians have made urgent requests for Ramaphosa to return, but observers say this is not just an electricity crisis, but has serious economic consequences for the faltering economy of South Africa.
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Head of SASSA under investigation after being accused of abusing his power for financial gain
Accusations are made that Themba Matlou, who heads the Social Security Agency (Sassa) in the Central Transvaal, used his office to campaign for a provincial position in the ANC.
Allegations are also being made that he used the state’s resources and finances for the campaign, and the Public Protector will now investigate the allegations.
He is also accused of abusing his power as chief officer by harming people who disagree with his views.
It is not known who filed the complaint with the Public Protector’s office on November 5, but the OB office apparently wrote a letter to obtain further information on the charges.
The complainant claims that Themba Matlou also approved that transport and hotel accommodation be paid for one of his “loved ones”.
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Transnet wasted almost R50 billion, most of which is used to buy trains that cannot be used in SA
State-owned entities are currently under considerable pressure and there is doubt as to how many of them have the ability to continue without the necessary financial assistance.
This is the opinion of Auditor-General Kimi Makwetu, who last week released a national and provincial auditor’s report for the period 2028-2019 in Cape Town.
He says there are weaknesses in the performance of many entities and the roughly 14 state-run institutions that are heavily subsidized by the state and the ANC government apparently did not contribute much to improving their results.
The 14 institutions also spent R1.4bn on illegal spending, and may be further investigated with further investigations.
Denel, the SABC, SA Express shipping company, and the SA Forestry Company are some of the biggest offenders of wrongful expenses incurred.
With Transnet wasting nearly R50bn, the bulk of which has been used to buy trains that cannot be used in SA, a
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Eskom drowning in debt, will need R69 billion to service its overflowing liabilities
Eskom chairman Jabu Mabuza during the power utility’s annual financial results presentation on November 28, 2018 in Johannesburg, South Africa. During the presentation, it was revealed that Eskom’s debt service costs have doubled in a one year to R45bn.
Jabu Mabuza addressed the Portfolio Committee on Public Enterprises on Wednesday and announced Eskom is owed R20 billion by municipalities.
The chief executive officer announced that the power utility is in a critical condition as government’s financial support only addresses short-term liquidity, and Mabuza revealed that these issues will be detailed in the progress report, National Treasury and the Minister of Finance are currently working on.
Mabuza noted that there is a need in establishing an energy plan for the power utility, as the country’s condition is critical in an ever-changing energy landscape; he stated that the annual report will be made public and it will prove Eskom’s
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