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Project Spear - the documentary banned by the SABC to shield the government

In 2011 Sylvia Vollenhoven put together an explosive documentary explaining how R30 billion was allegedly stolen from government in the final years of apartheid. The SABC refused to air the documentary, claiming it did not meet broadcasting standards. As the documentary explains, some of this money went to Broederbonders, and there's allegations of a former apartheid-era minister rushing off to the US with suitcases of looted money. One Reserve Bank shareholder asked to see evidence that the Reserve Bank actually has the gold it says he does, and is told this is forbidden. Then there is the R1,1 billion "lifeline" from the Reserve Bank to Bankorp (now part of Barclays Absa), of which only the capital had to be repaid. And as Judge Willem Heath points out, this loan was guaranteed with government bonds. If that seems weird to you, imagine your mortgage bank lending you money to buy your house and using it's head office as the collateral. It doesn't get much weirder than this.

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Call for inquiry into state capture by corporations - is this Zuma's payback for Zuptagate?

One of the targets of those calling for a public inquiry into the looting of state resources by apartheid-era monopoly capitalism is oligarch Johann Rupert, who last year called for Zuma to go. This is payback time. There is a long story behind this episode, going back more than 20 years when Sanlam-owned Bankorp (now part of Absa) received an illicit bail-out, funded ultimately by taxpayers. It is certainly worth re-opening this saga, but an inquiry would be pointless if it didn't also look into repeated allegations of bank-capture of the court system.

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Houses being sold multiple times by corrupt officials south of Joburg

South of Johannesburg, in the dirt poor area of Thulamntwana, shack dwellers were promised houses of their own after President Jacob Zuma visited the area in 2010 and found people living "like pigs". Six years later, hundreds of residents who scraped and saved together money to get housing allocations say thieves have made off with their money, and then sold the same property multiple times.

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Free yourself from debt slavery - how to stop paying interest, bank charges and collection costs

The holiday season is over, and the debt collection wolves are out in force. You may find yourself falling behind on your mortgage, overdraft or credit card payments. Then you will likely be issued with a summons. Don’t fear, says Armand Rinier. There are lawful ways of beating off the wolves. In this article he explains your legal rights when it comes to debt, and how you can stop paying interest, bank charges and collection costs. 

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