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Capturing of the administration of the National Student Financial Aid Scheme (NSFAS)

Advocate Busisiwe Mkhwebane The Public Protector South Africa Private Bag X677 Pretoria 0001 Dear Advocate Mkhwebane COMPLAINT: CAPTURING OF THE ADMINISTRATION OF THE NATIONAL STUDENT FINANCIAL AID SCHEME - ALLEGED NEPOTISM AT THE HIGHEST LEVELS, STAFF VICTIMISATION AND PURGE, CORRUPTION AND MALADMINISTRATION As you might be aware, the National Student Financial Aid Scheme (NSFAS) [...]

DBSA approval of Poseidon water project grant/loan: CEO Sandile Sokhela seems to be economical with the truth

Mr Enoch Godongwana Chairman of the Board of Directors Development Bank of Southern Africa PO Box 1234 Halfway House 1685 Dear Mr Godongwana DBSA APPROVAL OF POSEIDON WATER PROJECT GRANT/LOAN: CEO SANDILE SOKHELA SEEMS TO BE ECONOMICAL WITH THE TRUTH 1. I write to your good office regarding a grant/loan application submitted to the [...]

DBSA: looting of state resources by some of the same people involved in the Public Investment Corporation saga

Dear Mr President DBSA: looting of state resources by some of the same people involved in the Public Investment Corporation saga 1. I write to you with grave concern over the apparent looting of state resources by some of the very same individuals that were found to have had enhanced ability to secure easy [...]

Bantu Holomisa writes to Wesbank CEO Chris De Kock re Mr Mzukisi Ndara’s case

Dear Mr De Kock MZUKISI NDARA: NATIONAL DIRECTOR OF PUBLIC PROSECUTIONS CONFIRMS “MISREPRESENTATIONS AND CONTRAVENTION OF STATUTES” BY WESBANK The above subject matter bears reference. The first time I wrote to you was on 2 May 2018, just over two years ago, seeking justice in the form of restoration for Mr Mzukisi Ndara, and his [...]

Composition of PIC interim board: beneficiaries should not be members

Honourable Minister Mboweni QUESTIONS AROUND THE COMPOSITION OF PUBLIC INVESTMENT CORPORATION’S BOARD: BENEFICIARIES SHOULD NOT BE ALLOWED TO SERVE 1. Some time has lapsed since the 995-page report of the Judicial Commission of Inquiry into allegations of impropriety at the Public Investment Corporation, as lead by the Honourable Justice Lex Mpati (‘the Mpati Commission’), [...]

Unfair food parcel distribution: the ANC’s greediness is worrisome

Mr Bongani MsomiUDM Secretary General The United Democratic Movement is disheartened by how government and SASSA are keeping quiet about African National Congress (ANC) officials, members and/or councillors unfairly distributing food parcels to the needy in various communities throughout South Africa. In some areas, food parcels are given to people along party [...]

PIC report: the UDM is vindicated on Harith

The United Democratic Movement (UDM) welcomes the publishing of the long-awaited report of the Mpati Commission of inquiry into the Public Investment Corporation (PIC). We are happy that, even though President Ramaphosa took his sweet time in releasing it, it does not seem as if there was any attempt to lessen the blow. We [...]

2020-05-25T14:19:50+02:00March 12th, 2020|2020 Archive, Bantu Holomisa, Corruption and clean governance|Comments Off on PIC report: the UDM is vindicated on Harith

Free education a reality or a dream deferred

  Yongama Zigebe, UDMYV Secretary Gauteng In December 2017 on the evening of the ANC Conference, South African youth woke up to news that free higher education was finally a reality as the then President Jacob Gedleyihlekisa Zuma declared. These news were greatly received with jubilation hence fees must fall activists thought they [...]

2020-05-25T14:22:08+02:00January 29th, 2020|2020 Archive, Corruption and clean governance, Government, Higher and Basic Education, Home, Human rights, Issues, Media statements: UDMYV, Youth Issues|Comments Off on Free education a reality or a dream deferred

Vehicle financing: Holomisa asks Wesbank CEO some pointed questions

AN OPEN LETTER TO THE CHIEF EXECUTIVE OFFICER OF WESBANK, CHRIS DE KOCK Mr Chris de Kock Wesbank Chief Executive Officer Enterprise Road Fairland 2170 Dear Mr De Kock ALLEGED CORRUPTION IN MOTOR VEHICLE SALES: THIRTY MORE PEOPLE CONFIRM SEEMING FRAUDULENT TRANSACTIONS INVOLVING WESBANK FINANCING 1. Introduction Our meeting of the 10th of May [...]

Bantu Holomisa, MP and UDM President’s address at the BPI Foundation’s 2019 Summit

Bantu Holomisa, MP and UDM President’s address at the BPI Foundation’s 2019 Summit on 1 and 2 August 2019 at the Midrand Conference Centre Topic of discussion: “The oneness and shared success we seek and should aspire to as a new nation and developing country, while battling with deep wounds of our historical atrocities” • [...]

Holomisa writes to PIC Commission re alleged R2.5m personal loan from VBS to Dr Dan Matjila, former PIC boss

Dear Advocate Lubbe SC DR DAN MATJILA’S EXPECTED TESTIMONY AT THE MPATI COMMISSION: FURTHER GERMANE INFORMATION RECEIVED FROM A WHISTLE-BLOWER I herewith acknowledge receipt of your email, dated 6 July 2019, wherein you informed me that - according to the rules of the commission of inquiry into allegations of impropriety regarding the Public Investment [...]

2020-05-25T15:03:49+02:00July 8th, 2019|2019 Archive, Bantu Holomisa, Corruption and clean governance, Home, Open Letters|Comments Off on Holomisa writes to PIC Commission re alleged R2.5m personal loan from VBS to Dr Dan Matjila, former PIC boss

The UDM in KwaZulu-Natal calls on the IFP to come clean on its forever lasting investigation of its uMzinyathi District Municipality Mayor

On 24 May 2019, the United Democratic Movement (UDM) exposed, in the form of recordings, the until then, widely speculated allegations of corruption of the Inkatha Freedom Party’s (IFP) uMzinyathi District Municipality Mayor. The allegations pertained to the siphoning off of funds from that municipality. In an Isolezwe newspaper article on the 3rd of June, [...]

2020-05-25T15:03:54+02:00July 3rd, 2019|2019 Archive, Corruption and clean governance, Government, Home, Media statements: UDM, Media statements: UDM KwaZulu-Natal|Comments Off on The UDM in KwaZulu-Natal calls on the IFP to come clean on its forever lasting investigation of its uMzinyathi District Municipality Mayor

Funds allegedly siphoned off from uMzinyathi district municipality service providers

The United Democratic Movement (UDM) in KwaZulu-Natal, is appalled at a recording we have in our possession, where the voice of the uMzinyathi district mayor is allegedly having a fishy conversation with one of the municipal executive managers. In the recording, it sounds as if the mayor instructed this official to confront the municipal manager [...]

2020-05-25T15:04:44+02:00May 24th, 2019|2019 Archive, Corruption and clean governance, Media statements: UDM KwaZulu-Natal|Comments Off on Funds allegedly siphoned off from uMzinyathi district municipality service providers

Bantu Holomisa speaks at a Unisa panel discussion on the 2019 general elections

• Our hosts today • Dr Somadoda Fikeni, our moderator • Those who represent the various departments that sponsored this panel discussion • My colleagues from other political parties • Academics and students • Ladies and gentlemen Thank you for affording me the opportunity to have a chat with you today. 1. The UDM’s [...]

#ShutAlexandraDown civil protests is the ANC’s legacy

Ms Thandi Nontenja The United Democratic Movement (UDM) has noted the volatile situation in Alexandra, Johannesburg. Much of this unhappiness stems from the African National Congress’ (ANC) misuse of billions of Rands allocated to the Alexandra renewal project during the era of former President Thabo Mbeki. RDP houses in Alexandra Extension 7, [...]

2020-05-25T15:06:14+02:00April 6th, 2019|2019 Archive, Corruption and clean governance, Home, Housing and Human Settlements, Human rights, Local Government, Media statements: UDM, Safety and security, Service delivery, Thandi Nontenja|Comments Off on #ShutAlexandraDown civil protests is the ANC’s legacy

Mpati Commission should look at GEPF and PIC investment in Sibanye-Stillwater

The United Democratic Movement (UDM) wishes the Mpati Commission to take a deep look into the investment linkages between the Government Employees Pension Fund, the Public Investment Corporation and Sibanye-Stillwater. Sibanye had acquired the Stillwater Mining Company and is located and managed in two regions i.e. Southern Africa region and the United States region. We [...]

2020-05-25T15:06:20+02:00April 5th, 2019|2019 Archive, Bantu Holomisa, Corruption and clean governance, Home, Mpati Commission|Comments Off on Mpati Commission should look at GEPF and PIC investment in Sibanye-Stillwater

Personal bribes paid to ruling party top 6?

The latest shock in the state capture debacle, that some of the ruling party’s top 6 had allegedly personally pocketed millions of rands from Bosasa coffers, will undoubtedly have a very negative effect in the eyes of potential investors. The whole system is contaminated. Given that President Ramaphosa could possibly be implicated, seriously jeopardises South [...]

2020-05-25T15:06:39+02:00March 29th, 2019|2019 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off on Personal bribes paid to ruling party top 6?

UDM KZN: KwaZulu-Natal’s “missing” R220 million drought relief funds

The R220 million, that was meant to give drought-stricken communities and farmers in KwaZulu-Natal some relief, has seemingly vanished in a flourish of orchestrated thievery. This situation has, for instance, had a devastating effect on the Pomeroy Community Health Centre in Msinga which must keep water in dustbins just to flush toilets. It also [...]

2020-05-25T15:07:49+02:00February 7th, 2019|2019 Archive, Corruption and clean governance, Home|Comments Off on UDM KZN: KwaZulu-Natal’s “missing” R220 million drought relief funds

R116m of the PIC’s money to allegedly be spent on UWC student accommodation without due diligence

Dear Honourable Minister Mboweni REQUEST FOR THE URGENT INTERVENTION ON THE POSSIBLE IRREGULAR FUNDING OF IKHAYA STUDENT ACCOMMODATION (PTY) LTD BY THE PUBLIC INVESTMENT CORPORATION The above has reference, and I attach hereto relevant documents for your ease of reference. The referenced documents suggest, amongst others, that: 1. Based on an email dated 4 [...]

2020-05-25T15:07:54+02:00February 6th, 2019|2019 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off on R116m of the PIC’s money to allegedly be spent on UWC student accommodation without due diligence

An Alternative State of the Nation: Holomisa addresses the Cape Town Press Club

Address by Mr BH Holomisa, MP and UDM President regarding an Alternative State of the Nation at the Cape Town Press Club • Chairperson • Ladies and gentlemen 1. Introduction We are grateful to be part of this engagement exploring the very important subject of the true state of the nation. We are just [...]

2020-05-25T15:08:19+02:00February 5th, 2019|2019 Archive, 2019 Election Campaign, Bantu Holomisa, Corruption and clean governance, Economy, Home, Parastatals, Public Investment Corporation|Comments Off on An Alternative State of the Nation: Holomisa addresses the Cape Town Press Club

UDM welcomes resignation of PIC board

The United Democratic Movement welcomes the resignation of the Public Investment Corporation’s (PIC) board. The Mpati Commission can now go ahead and do a thorough investigation into the ins and outs of the allegations of corruption that surrounds the PIC. The UDM has equivocally stated in the past that the current board cannot play [...]

2020-05-25T15:08:26+02:00February 1st, 2019|2019 Archive, Bantu Holomisa, Corruption and clean governance, Home, Public Investment Corporation|Comments Off on UDM welcomes resignation of PIC board

GEPF’s R7,4 billion write-offs are shocking

The United Democratic Movement noted with disbelief, the Government Employees Pension Fund’s (GEPF) write-offs amounting to R7,4 billion for the 2017/2018 financial year. These write-offs are of direct consequence of some of the Public Investment Corporation’s (PIC) most controversial deals such as investments in Steinhoff/Lancaster 101, as well as with companies controlled by Iqbal Surve. [...]

2020-05-25T15:09:42+02:00December 4th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off on GEPF’s R7,4 billion write-offs are shocking

UDM KwaZulu-Natal calls for Endumeni municipal manager to resign or to be suspended with immediate effect

After our media statement of 23 October 2018 regarding deeply concerning issues in the Endumeni Municipality in the uMzinyathi District, the United Democratic Movement in KwaZulu Natal were given explosive documents that should make the Endumeni municipal manager’s life very uncomfortable. The documents contain damning proof of the municipal manager 's gross negligence and/or corruption [...]

2020-05-25T15:10:59+02:00October 25th, 2018|2018 Archive, Corruption and clean governance, Home, Media statements: UDM|Comments Off on UDM KwaZulu-Natal calls for Endumeni municipal manager to resign or to be suspended with immediate effect

Request for investigation in navy contracts

Mr Bantu Holomisa, MPUDM President Honourable Ms Nosiviwe N Mapisa-Nqakula Minister of Defence and Military Veterans Room 1418, Floor 14 120 Plein Street CAPE TOWN 8000 Dear Honourable Mapisa-Nqakula REQUEST FOR AN URGENT INVESTIGATION: APPOINTMENT OF PRIVATE CONTRACT FOR THE RENDERING OF A MAINTENANCE AND REPAIR OF OPERATIONAL MECHANICAL EQUIPMENT FOR THE [...]

2020-05-25T15:18:53+02:00October 25th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off on Request for investigation in navy contracts

UDM welcomes announcement of PIC commission of inquiry

Mr Bantu Holomisa, MPUDM President The United Democratic Movement welcomes the president’s announcement of the appointment of Justice Lex Mpati as the head of the commission of inquiry into the allegations of corruption at the Public Investment Corporation (PIC). The inquiry should clean-up the mess at the PIC and get to the bottom [...]

2020-05-25T15:11:38+02:00October 17th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off on UDM welcomes announcement of PIC commission of inquiry

VBS: ‘The Great Bank Heist’ – it’s time for action not words

Mr Bantu Holomisa, MPUDM President President Ramaphosa must immediately appoint a task team to make sure that the people who were fingered by advocate Terry Motau in his report are held responsible for their misdeeds. Each and every person must be brought under the search light, especially those in the employ of [...]

2020-05-25T15:11:49+02:00October 10th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off on VBS: ‘The Great Bank Heist’ – it’s time for action not words

The PIC commission should start now that Nene has been fired

Mr Bantu Holomisa, MPUDM President We welcome President Ramaphosa’s decision to show Nhlanhla Nene the door. We have consistently been calling on the President to act with speed in instituting a commission of inquiry regarding the Public Investment Corporation (PIC). The Gupta scandal makes the exploitation of the PIC look like a [...]

2020-05-25T15:12:24+02:00October 10th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Economy, Home, Media statements: UDM|Comments Off on The PIC commission should start now that Nene has been fired

To give PIC CEO Dan Matjila a golden handshake is preposterous

Mr Bantu Holomisa, MPUDM President We are all aware that there will be a commission of inquiry which shall investigate the mess at the Public Investment Corporation (PIC). Despite the announcement, we have for several months waited with bated breath to hear who will serve on the commission and what the terms [...]

Public Protector to investigate allegations of corruption by Min Zweli Mkhize re PIC deals

The United Democratic Movement earlier this year wrote to President Cyril Ramaphosa wherein we revealed possible corruption that involved the Public Investment Corporation (PIC), Zonkizizwe Investments (which we understand to be solely owned by the ANC), some ANC heavy weights and Afric Oil. The alleged broker between the PIC and e.g. VBS Mutual Bank and [...]

2020-05-25T15:15:47+02:00September 26th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off on Public Protector to investigate allegations of corruption by Min Zweli Mkhize re PIC deals

Harassment of PIC whistle blowers

Mr Bantu Holomisa, MPUDM President In reference to an article published on Fin24 (https://www.fin24.com/Economy/pic-moves-to-discipline-another-executive-20180914?isapp=true) the United Democratic Movement (UDM) condemns what can only be called permitted harassment of whistle blowers at the Public Investment Corporation (PIC). One is suspicious at government i.e. Minister Nene and President Ramaphosa’s handling of the matter of instituting [...]

2020-05-25T15:16:05+02:00September 16th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off on Harassment of PIC whistle blowers

PIC commission to start it’s work in “due course”

The United Democratic Movement (UDM) has noted that President Ramaphosa has announced the appointment of a commission of inquiry to probe the Public Investment Corporation (PIC) and the dark cloud of corruption allegations hanging over the institution. Mr Bantu Holomisa, MPUDM Presiden It is however frustrating that the names of the chair [...]

2020-05-25T15:16:58+02:00August 17th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off on PIC commission to start it’s work in “due course”

Holomisa discusses The “Rainbow Nation” and the Political Culture of South Africa in new SA

• Programme Director • The faculty dean, Prof Van Wyk • Our hostess, Ms Busi Khaba • Staff members • Monash students • Ladies and gentlemen 1. Opening I want to thank our hostess, Ms Khaba, for reaching out to me and inviting me to have a chat with you today. I see many [...]

2020-05-25T15:17:26+02:00August 14th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Democracy and electoral reform, Home, Land|Comments Off on Holomisa discusses The “Rainbow Nation” and the Political Culture of South Africa in new SA

The Public Investment Corporation: Harith/Lebashe conflicts of interest and terms of reference of the forensic audit

Dear Mr President The Public Investment Corporation: Harith/Lebashe conflicts of interest and terms of reference of the forensic audit I refer to the United Democratic Movement’s (UDM) letters addressed to your office, as well as the one that we wrote to finance minister Nhlanhla Nene, all regarding the alleged corruption and conflict of interest [...]

2020-05-25T15:37:48+02:00July 26th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Open Letters|Comments Off on The Public Investment Corporation: Harith/Lebashe conflicts of interest and terms of reference of the forensic audit

Allegations of misconduct against the Nelson Mandela Bay city manager Mr Johann Mettler

Click to go to the Nelson Mandela Bay Municipality website OPEN LETTER TO NMBM SPEAKER LAWACK The Speaker of Council NMBM Attention: Councillor Lawack RE - ALLEGATIONS OF MISCONDUCT AGAINST THE CITY MANAGER: MR JOHANN METTLER This correspondence serves to inform you that the UDM has brought some serious allegations of misconduct [...]

2020-05-25T15:20:16+02:00June 4th, 2018|2018 Archive, Corruption and clean governance, Home, Media statements: UDM, Open Letters|Comments Off on Allegations of misconduct against the Nelson Mandela Bay city manager Mr Johann Mettler

@PresidencyZA, UDM writes to #PresidentRamaphosa abt #corruption in #PIC: Mr President plz walk the talk! Scandal bigger than #Guptas?

Mr CM Ramaphosa President of the Republic of South Africa Union Buildings Private Bag X 1000 Pretoria 0001 and Deputy Chief Justice RMM Zondo Chairperson of the Commission of Inquiry into State Capture Private Bag X1 Constitution Hill Braamfontein 2017 Dear Mr President and Deputy Chief Justice THE PUBLIC INVESTMENT CORPORATION, THE GOVERNMENT EMPLOYEE [...]

2020-05-25T15:20:26+02:00May 31st, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Open Letters|Comments Off on @PresidencyZA, UDM writes to #PresidentRamaphosa abt #corruption in #PIC: Mr President plz walk the talk! Scandal bigger than #Guptas?

President Zuma signs state capture commission TOR; but what will it uncover?

Mr Bantu Holomisa, MPUDM President The United Democratic Movement (UDM) notes, and of course welcomes, that President Zuma at last, on the 23rd of January, signed the terms of reference (TOR) for the judicial commission of inquiry into allegations of state capture, corruption and fraud in the public sector, including organs of state. [...]

2020-05-25T15:22:01+02:00January 25th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM, Parastatals, Zumagate|Comments Off on President Zuma signs state capture commission TOR; but what will it uncover?

#Zuptas to face the music? The Hawks must not stop there!

Mr Bongani MsomiUDM Secretary General Seemingly the National Prosecuting Authority (NPA) has woken up to its duty as it was reported that they were looking to seize Gupta assets and those of Trillian and McKinsey. The United Democratic Movement (UDM) also welcomes reports that there will soon be an arrest warrant issued for, [...]

2020-05-25T15:22:29+02:00January 16th, 2018|2018 Archive, Bongani Msomi, Corruption and clean governance, Home, Media statements: UDM, Zumagate|Comments Off on #Zuptas to face the music? The Hawks must not stop there!

#StateCapture inquiry D/Chief Justice Zondo’s team must have forensic people and TOR must be based on Thuli Madonsela’s good work

Deputy Chief Justice Raymond Zondo Private Bag X1 Constitution Hill Braamfontein 2017 Dear Sir STATE CAPTURE INQUIRY NEEDS A STRONG TEAM COMPRISED OF VARIOUS EXPERTS AND THE FORMER PUBLIC PROTECTOR’S FINDINGS AND REMEDIAL ACTIONS MUST FEATURE STRONGLY IN THE TERMS OF REFERENCE The United Democratic Movement (UDM) congratulates you on your appointment as the [...]

2020-05-25T15:22:36+02:00January 10th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM, State Owned Enterprises, Zumagate|Comments Off on #StateCapture inquiry D/Chief Justice Zondo’s team must have forensic people and TOR must be based on Thuli Madonsela’s good work

#PatriciaDeLille: Hypocritical Democratic Alliance gets a “Nee Baas!” in Cape Town

Mr Bantu Holomisa, MPUDM President The similarities between the Democratic Alliance’s (DA) political manipulation in Cape Town and in Nelson Mandela Bay confirm a pattern of deceit that makes a mockery of the DA’s claims to a better alternative for good governance. In Cape Town, on Friday, DA Councillors, most probably unwittingly (or [...]

2020-05-25T15:22:46+02:00January 6th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Democracy and electoral reform, Home, Local Government, Media statements: UDM|Comments Off on #PatriciaDeLille: Hypocritical Democratic Alliance gets a “Nee Baas!” in Cape Town

#StateCapture: does the rot stop with the President? Let the mother of inquiries commence!

Mr Bantu Holomisa, MPUDM President South Africa is facing the real and present danger of political, economic, social and administrative collapse from unbridled corruption and state capture. President Jacob Zuma consistently appeals every court judgement where he is involved… the Nation might even give him a new nickname! He even seeks to appeal [...]

2020-05-25T15:22:42+02:00January 3rd, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM, Zumagate|Comments Off on #StateCapture: does the rot stop with the President? Let the mother of inquiries commence!

#PIC #GEPF: employees lost R12bn of pension money with Steinhoff corruption! Any political party that (may) have benefitted through #Steinhoff should: #PayBackTheirMoney

Mr Bantu Holomisa, MPUDM President Of course, the call to “pay back the money” was a legitimate demand for the return of taxpayer money illegitimately used to fund Nkandla, the “Gupta industry” and other sinister personal gains. Right now, there are other monies that should be paid back; that should be returned [...]

2020-05-25T15:23:09+02:00December 29th, 2017|2017 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off on #PIC #GEPF: employees lost R12bn of pension money with Steinhoff corruption! Any political party that (may) have benefitted through #Steinhoff should: #PayBackTheirMoney

#MTBSP2017 Mini-budget: Minister Gigaba is reaping what he sowed

Mr Nqabayomzi Kwankwa, MP Finance Minister Malusi Gigaba’s maiden Medium-Term Budget Policy speech was unimpressive. In fact, it seemed a mere rehash of his predecessors’ old proposals. He was so non-committal, that there is very little hope that we will soon see agencies rate South Africa higher than ‘junk status’. The reaction of [...]

2020-05-25T15:33:29+02:00October 25th, 2017|2017 Archive, Corruption and clean governance, Economy, Home, Media statements: UDM|Comments Off on #MTBSP2017 Mini-budget: Minister Gigaba is reaping what he sowed