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BE WARNED SOUTH-AFRICANS!! After the load-shedding come water shortages – Still people will be voting for the ANC this coming election

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It’s not just load-shedding you have to worry about, the city of Johannesburg has warned. You could also be in for water cuts.

The metro warned that water shortages could follow load-shedding.

“As we continue to experience load-shedding across the country, Johannesburg Water is working alongside City Power to ensure that residents do not have to face water cuts as well,” said MMC for environment and infrastructure services Nico de Jager.

He says that when load-shedding of four or more hours is experienced, some areas could have water shortages or low water pressure.

“This is because Johannesburg Water uses electricity to pump water from the reservoirs into the towers,” he said.

Posted by Johannesburg Water on Thursday, February 14, 2019

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Motsoaledi: We can’t wait to improve healthcare before implementing NHI

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Government does not believe it can wait until the healthcare system is improved before implementing national health insurance, Health Minister Aaron Motsoaledi has said.

The minister was speaking at a briefing at Tuynhuys, Parliament, where the report of the outcomes of the presidential health summit, held late last year, was released.

During his address on Tuesday, Motsoaledi said government would be taking significant steps towards implementing universal healthcare.

Last week, president Cyril Ramaphosa said that the National Health Insurance Bill would be tabled before Parliament this year.

NHI will ensure that South Africans can receive free health services at the point of care at both public and private quality-accredited healthcare service providers, Motsoaledi said.

NHI is a proposed state-run health financing system that aims to pool funds to provide access to quality health services for all South Africans regardless of thei
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SA motorists brace yourself for big fuel tax increases the coming months – seems like the ANC-regime wants to recoup their loses by taxing you more on fuel levies

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Minister of Finance, Tito Mboweni, will deliver the Budget Speech 2019 in Cape Town on 20 February.

Expectations are high that he will balance competing expenditure priorities to stimulate economic growth in spite of fiscal consolidation measures.

However, the former central banker’s task is formidable and he will likely have a difficult balancing act on his hands.

One of the key balancing acts will be how Mboweni tackles the issue of the fuel levy.

In an analysis of the upcoming budget, PwC tax experts noted that the general fuel levy has been increased significantly in each of the four previous budgets as a means of raising additional tax revenues.

“The general fuel levy is only slightly progressive and was previously seen as being less politically sensitive than VAT,” PwC said.

“This perception has, however, changed with the increased attention resulting from the VAT increase in 2018. As such, it may no longer be
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According to Senzo Mchunu, one of ANC president Cyril Ramaphosa’s confidantes, black managers are too blame for the bankrupt Eskom

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An ANC member of the party’s National Executive Committee, Senzo Mchunu, says it is black executives who are responsible for the condition at Eskom.

He says all that they have achieved was to do well in the failures.

Senzo Mchunu is one of ANC president Cyril Ramaphosa’s confidantes who are now out against Eskom’s “black managers”.

In an interview, he added that they would still regret some of their black managers  who were praised as excellent executives and trusted by the ANC.

Opinion polls say the ruling concludes that Italians from whites must correct the chaos at Eskom while many highly skilled drivers are finding whites in South Africa but hated and therefore will not be used.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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SA sugar industry in crisis – ANC regime has been warned two years ago, however, the government remains indifferent to the industry by importing sugar more cheaply from abroad

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The SA Sugarcane Association has, by way of Graeme Staibank, declared that 350,000 jobs are at stake if problems are not addressed.

Inconsistent rainfall, low sugar prices, little protection from cheap sugar imports and a fall in demand after the introduction of sugar taxation is one of the problems facing the industry.

The government has been warned two years ago that the industry is experiencing problems but farmers are increasingly experiencing the indifference of the government that does not want to understand the importance of the food producer.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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SAA pay Comair R1,1 billion, where does the bankrupt state entity get the money from?

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SAA conceded that it had violated the Competition Act and announced that it would pay R1,1 billion to Comair.

The dispute has been in existence for a period of 10 years after SAA’s travel agents operated bonus schemes.

The bonus systems were against the rules of the Competition Council, and Comair has set a claim against SA Airways for losses.

Observers have noted that they are not sure where the bankrupt entities will get the money since minister Pravin Gordhan does not show much sympathy towards the state airline

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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No wonder SA is a failed state, everyone wants to ride on taxpayers’ back and steel the state coffers empty – Icasa chief who stole R6m from Landbank, found guilty of money laundering and fraud charges

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SA’s Independent Communications Authority chairman (Icasa) was found guilty of fraud and money laundering after paying over R6m of the Landbank’s money in his lawyer’s account.

He was sentenced to 20 years in prison. Landbank’s former acting chief, Philemom Mohlahlae, was sentenced to 7 years in prison and attorney Dinga Rammy Nkwahu to 24 years in prison.

However, they can appeal and the case will probably be extended if the perpetrators approach the court of appeal.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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South Africa’s new state-owned bank could be a big R7 billion mistake, National Treasury has warned of the possible harmful effects of introducing a state-owned bank into South Africa’s current financial system

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In a presentation to the Standing Committee of Finance on Tuesday (5 February), Treasury warned that a number of recent banking failures – including the failures of African Bank and VBS Mutual Bank – showed that a banking licence should not be handed out lightly.

It also warned of previous issues with state-owned banks, highlighting that the South African Post Office used depositors’ funds to finance postal operational losses in the late 1990s.

“International experience and South Africa’s own experience suggests that state ownership of banks has (the) potential to undermine prompt corrective action by prudential regulators,” it said.

“Prudential regulators sometimes forebear (i.e. they do not apply full regulatory measures) when faced with failing state banks due to the reluctance to frustrate what could be viewed as government policy or programs.”

Treasury added that the traditional rationale for introducing a state bank
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While National Treasury and SARS scramble for money, a new focus has been placed on the revenue service’s plans to tax SA expats working abroad , who could face having 45% of their earnings over R1 million fed back to government

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South Africa’s expat tax is coming – and there’s only one way to legally avoid it.

Speaking on The Money Show this week, personal financial advisor at Galileo Capital, Warren Ingram said that even though the actual rules around the tax are yet to be finalised, they are planned to come into effect in March 2020.

The new legislation has many expats riled up, with much confusion and uncertainty around the new laws, and many believing that it will not apply to them or that it will be unenforceable.

It has also brought into question whether young South Africans who are working abroad for a short time are tax compliant.

According to Ingram, many South African expats who are working abroad are currently – unintentionally – flouting the country’s tax laws, and may already owe SARS money.

“One thing (expats) don’t do is tell SARS, ‘I am no longer a tax resident’ – this isn’t a process that happens automatically, wher
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Thanks to the ruling ANC regime, SA’s economy outlook is getting worse with Eskom already plunging the country deeper into debt

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In an exclusive interview conducted by Die Vryburger with a well-known political analyst, it seems that 2019 is not a year of good prospects.

The anonymous expert says the projections are getting darker with Eskom, who is already plunging the country into debt with loadshedding.

In addition to the enormous R2 billion it cost daily to endure load shedding, it has a very negative impact on potential investors abroad.

The recession in which SA is currently, along with the tremendous debt burden of the state, forces the Finance Minister to take unfavorable measures to balance the scale, but cannot tamper with it because the election is at the door.

He says there is no reason to think that it will improve in the economic sphere in the second half of 2019, because the Rand is doubtful, gold mines are shaky because of the power supply’s load shedding, and this increases the possibility of higher unemployment. means that less personal tax i
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