Did anyone ask us? When connecting the dots, as Pravin Gordhan instructed, it seems the privatisation of SAA is yet another plunder scam by the ANC mafia. Harith, the new owner of SAA, was setup by the Mbeki and Ramaphosa faction of the ANC, possibly using funds belonging to the Government Employee’s Pension Fund (PIC). Just like when multi billionaire Oligarchs were created after the fall of the USSR, by funneling state public assets into private crony pockets. the privatization of SAA is just a massive ploy, designed to capture SAA for businessmen connected to Ramaphosa’s faction of the ANC! Was SAA deliberately bankrupted to enable this plunder of our assets?
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#Gupta 2.0 – Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?
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#ParasiticParastatal – SA Express is just another bottomless pit swallowing taxpayers’ money
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It is disturbing to realise that recently another enormous lifeline was quietly given to SA Express while all the attention was on Eskom, the SAA and the SABC. According to the Free Market Foundation, SA Express received a lifeline of R1,24 billion from the government in November last year and was now given government guaranteed financing amounting to R300 million.
It seems that the Free Market Foundation forced SA Express by means of the Promotion of Access to Information Act to disclose its financial statements and managerial account data.
SA Express has become a large hole draining tax money from the fiscus dam and if it continues in this way, it will drain everything until there is nothing left. The ANC will have to realise at some point that the country does not have an inexhaustible source of money and that public enterprises cannot be saved from financial ruin indefinitely.
Like with e-toll, taxpayers will get to a point where they will n
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