Ministers threaten to quit if Zuma stays

Posted 29 November 2016

Business Day reports that several ministers are planning to resign should President Zuma remain in office, raising the stakes in SA's growing political crisis. The choice for these ministers - who remain unnamed - are to face Zuma's axe or to pre-emptively push him to resign.

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Here's comes the seasonal blizzard of summonses from the banks - how to defend yourself

Posted 29 November 2016

This is the season to be jolly, but in January and February the hangover sets in and the banks start issuing their seasonal blizzard of summonses. Now is the time to prepare yourself.

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Sanral's next great scheme - a road through Pondoland that nobody wants

Posted 24 November 2016

SA National Roads Agency (Sanral) is fighting wars on multiple fronts. It attempts to toll the Cape Wineslands route was recently thrown out of the Cape High Court, while indigenous community members in Pondoland are resisting efforts to carve a beautiful new highway through closely-knit communities in the Eastern Cape. Many of the studies on which Sanral relies for motivating the Pondoland route have been debunked by independent studies, but Sanral is determined to press ahead in apparent disregard for the local people and the Constitution, as social activist John Clarke points out in this article.

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Don't sabotage SA's internet success story

Posted 24 November 2016

Social justice is a good thing so long as it remain within the bounds of sanity. When #Feesmustfall jumps to #Science mustfall and #Datamustfall, something weird takes over. Independent economist Luke Muller points out that campaigners pressing for lower data prices ignore the evidence that data prices are competitive and there are multiple suppliers. No conspiracy to look at here. Evidence of this is the fact that the percentage of South Africans accessing the internet grew from 7,6% to 52% over the last decade.

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Another dagger at the heart of banks attempting to recover debts without original documents

Posted 22 November 2016

Here's another tale of heartache for the banks, this time involving FNB, which attempted to claim R74,144 from a customer who had acquired a vehicle by way of instalment sale. The problem is FNB arrived in court without the original documents. The judge made short work of FNB's case and booted it out of court. In this case, the defendent Adrian Hart represented himself using a DIY defence template developed by a debt defence specialist. 

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From Trump to Malema, media bias is exposed for all to see

Posted 16 November 2016

Donald Trump's election to the presidency in the US, despite an unrelenting media campaign against him, has exposed the shameful bias of the mainstream. The same bias is visible in SA, when few in the media are willing to challenge employment equity laws for fear of being labelled "racist". Or Julius Malema's insane calls for violence against whites. Or government's disastrous national democratic revolution that has brought the economy to a standstill. Where are the investigative journalists challenging this madness?

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ConCourt orders return of eNatis to government

Posted 14 November 2016

Former transport minister Sbu Ndebele has returned from his posting in the Australian High Commission to answer charges he received a R10m bribe for the extension of the eNatis contract to private company Tasima. Last week the Constitutional Court ordered the control of the Electronic National Traffic Information System (eNatis) be handed back to government after it was found that Tasima's five year contract entension, awarded in 2010, was unlawful.

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SA faces its "Trump" moment

Posted 14 November 2016

South Africa looks like it is facing its own "Trump" moment. In this excellent analysis, Capital Economics suggests that President Zuma may have survived last week's no confidence vote, but his end is nigh nonetheless. Zuma's game plan is clearly to find a friendly successor ahead of the ANC's elective conference in December next year. Then he may choose to resign knowing he will likely escape prosecution for corruption. The succession battle will likely provide fodder for a newly energised opposition ahead of the presidential election in 2019. South Africa is ready to turn its back on the Zuma era.

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Working class Americans boot out the bums

Posted 09 November 2016

Donald Trump's victory in the US presidential election is a victory of the working class over the oligarchs. But as former Ronald Reagan staffer Paul Craig Roberts points out, if Trump holds out the hand of conciliation to the neocons and warmongers who lurk at the trough of every US administration, then we will know that he has been captured by the oligarchs. The big loser in all this is the mainstream media, whose shameless shilling for Hillary Clinton was without precedent. Their credibility lies in tatters, and their priggish view of working class Americans has been exposed for all to see. Just one day ago the New York Times was calling it 87% certain that Clinton would win and the world would go on as it always has. Their readers are deserting them, as trust in establishment media hits an all-time low.  Ditto for the TV networks. Interesting times indeed.

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The tide has finally turned against Zuma

Posted 07 November 2016

The release of the state capture report by the Public Protector has shifted the balance of power away from President Zuma. Senior elements within the ANC now deem it safe to come out against him. Meanwhile the DA is shifting a chunk of its HQ to Johannesburg to ride a two and a half year campaign to unseat the ruling party from Gauteng, writes Keith Gottschalk.

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Sanral's mysterious and wishful accounting

Posted 04 November 2016

When will SA National Roads Agency acknowledge that much of its e-tolls debt is unrecoverable?

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DA considers laying charge against Zuma for lying under oath

Posted 30 October 2016

The Democratic Alliance is contemplating laying charges against President Zuma for lying under oath, and accuses him of a transparent attempt to delay and frustrate the release of the Public Protector's report into state capture.

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Knock-out blow for Absa in Cape High Court over securitisation accusation

Posted 27 October 2016

Absa's attempt to obtain summary judgment against Cape Town's Greg Smith was summarily thrown out of court last Friday. Ironically, Smith spent much of his life working on advertising campaigns for various banks. What's fairly unique about this one is Smith specifically accused the bank of securitising his loan. While the judge didn't address this, he did not like that Absa turned up in court with recreated documents instead of the originals.

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ANC smear campaigns go back a long way

Posted 27 October 2016

Former finance minister Trevor Manuel recently complained of a smear campaign involving the current finance minister Pravin Gordhan. But his memory is short. He might have mentioned the ANC's trumped up smear campaigns alleging a third force, falsely implicating former president FW de Klerk, IFP leader Mangosutu Buthelezi and others. These are just some of the smears the ruling party has confected over the years.

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DA to challenge govt decision to leave International Criminal Court

Posted 24 October 2016

Government's decision to withdraw from the International Criminal Court (ICC) is being challenged by the Democratic Alliance. Burundi has also given notice that it intends pulling out of the Court, as Africans realise they - and only they - are subject to prosecution by the ICC. Perhaps President Zuma and some of his cohorts fear they may some day find themselves in front of the ICC, so what better time to plan their escape than now.

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Soweto man's house sold behind his back for R100

Posted 18 October 2016

Solomon Nhlapo is squatting in the Soweto house his late mother first acquired in 1965. Police have told him he in tresspassing in his own home, and this week he has been ordered to appear to the Protea, Soweto, magistrates court on charges of tresspassing. His house was sold behind his back for R100 by Nedbank, all over a R22,000 loan his mother took out with the SA Perm in 1986. What makes this case all the more disturbing is Solomon has written confirmation that his mother's loan is fully paid up.

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The rape and pillage of commoners by banks

Posted 16 October 2016

Here's a fascinating story of how Royal Bank of Scotland stripped Scottish hotel owner Nigel Henderson of his life savings when it repossessed his hotel after he took out what he thought was a regular residential home loan. Turns out, the bank pulled this heist on 16,000 businesses, but is now facing the prospect of justice in the US courts, along with massive fines. South African courts take note - this is how you handle corrupt bankers. The only question is: will Bank of Scotland survive?

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Billions in shady Gupta deals laid bare

Posted 16 October 2016

Finance minister Pravin Gordhan filed an affidavit before the High Court last week detailing several suspicious transactions involving the Gupta family, close allies of President Jacob Zuma. This is the latest instalment if a soap opera between various factions of the ANC. Gordhan has also given the middle finger to Shaun Abrahams, head of the National Prosecuting Authority, over his invitation to the minister approach his office to review its decision to prosecute him for fraud relating to supposedly unlawful actions taken while he was head of SA Revenue Services.

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This is why you are poor

Posted 12 October 2016

This is a brief but brilliantly written video on what causes poverty. The banks are the architects of financial crises but have managed to shift blame to competitors or even to their clients. As we watch the derivatives crisis unfold at Deutsche Bank, this is a timely reminder that the next crisis could be the last for the fiat currency experiment that is now unravelling.

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Joburg's new mayor plans to revive the city

Posted 10 October 2016

Joburg's new mayor Herman Mashaba outlined his plans to rid the CBD of criminal elements and hopes to attract the interest of hotel developers. He has asked hotel group Marriott International and South African developer Amdec Group to help him achieve this. 

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Did Standard Bank lie and cheat to get its hands on computer programme?

Posted 07 October 2016

Here's a case with shades of Kenneth Makate's claim that Vodacom ripped off his intellectual property, adn for which he has rewarded earlier this year with R10,5bn in the Constitutional Court. In this case, Johan Reynders of software company ADS says Standard Bank pilfered his intellectual property when it introduced an anti-hacking solution for its online clients in the 2000s. The difference here is Reynders is claiming $10bn from the bank.

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Docufile called to court to answer questions over fire that destroyed thousands of bank documents

Posted 04 October 2016

Document storage company Docufile is being summonsed to court to explain what happened in the fire of 2009 when possibly hundreds of thousands of documents, many of them mortgage bonds, were destroyed. Docufile's parent company, Iron Mountain, has had its own share of bad luck with fires, raising suspicions at least some of these were deliberate. 

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Zuma is a priceless gift to the opposition ahead of 2019 elections

Posted 29 September 2016

Jacob Zuma is a God-given gift to the DA and EFF. They should cherish it while it lasts. Because as soon as Zuma goes, so too will the coterie of acolytes he has surrounded himself with. The biggest beneficiary of his departure wil be the ANC, but that party hasn't figured that out yet.

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New book on SARS crime busting unit highlights extent of state capture

Posted 29 September 2016

The capture of the state by the Guptas and others is an ever-present danger in SA. A new book called Rogue: The inside story of SARS's elite crime busting unit details the extent to which dark forces have taken over key pillars of the state apparatus. 

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Universities have succumbed to political correctness and are now paying the price

Posted 29 September 2016

RW Johnson argues that the funding crisis at universities is due in large measure to the culture of appeasement and political correctness that has enveloped the university management. A little more backbone from the management would have gone a long way to staving off the campus crises we are now witnessing.

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