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Makes no sense.
This country is going to remain on Grey listing for an extended period of time. Currently, our Corruption Perception Index(CPI) score is 44/100, ranking is 70/180 for the PUBLIC SECTOR which by itself is a Red Flag 🚩 Now how is this move helping us?
presidency That does not solve the 'borrowing costs' it opens the doors for more criminals to loot from ESKOM. Just go away you don't know nothing Action4SA
License to avoid accountability.
'We need to darken the room now (pardon the pun), because if people see what we are about to do, they will shit themselves and politicians will be necklaced in the streets'.
That's the same retreaded logic of lowering matric pass rate to 30% so that Everyone can pass.
Let's call this what it is BULLSHIT! To get a clean audit you need to be accountable for your spending. FFS this is leaving it even more wide open to long fingers!
The ANC is stealing everything from everywhere. This would be news maybe in another country. To us, South Africans, tax payers, COWARDS, this is just another corruption scandal. It's not like we can collectively & successfully march, organise a shutdown, & demand account ability.
Creditors are not going to be giving money to institutions that have doctored audits 🙂 did nobody at TimesLive come to this very logical conclusion?
More like the power to steal. This is a direct middle finger to those who are against corruption.
Trying to fool investors.
It’s amazing how other BRICS nations are using their resources to advance their countries but…
This is wrong on many levels...but what will SAcns do about it...nothing. we really dont deserve this nonsense...broud daylight corruption
Remember Gondongwani just bailed out Eskom with R254 billion two months ago..It's time for comrades to loot those billions before they lose elections next year
🤔🤔
Thx tax payers wanna know how much you Theif’s are stealing. The only reason we have borrowing costs is because you’ll are uselss Theif’s
It allows the power utility to make these bizarre decisions,loot the state and feed the cabal and hide it well... That's it
Kak decision. We all know our government can't work without supervision. They're worse than young children.
Company that featured greatly in State capture exempted from what now!
Shouldn't the entity that would be lending the cash be privy or aware of that fact 🤔 so that they can make an informed decision 🤔
So you want to withhold info on theft from lenders to fool lenders into lower interest rates! Essentially the same as me lying about my smoking, drinking and drug use on my life insurance forms! MYANC reaching new levels and started digging! This will blow up in your face.
🤣🤣🤣🤣🤣how possible are they going to manage their their borrowing cost when they don't disclose their wasteful expenditures, worse who will borrow money to an entity that you don't know it's financial Balance sheets...minister gout got it wrong from advisors
So in simple terms,Treasury is saying,To solve a problem is to pretend it doesn't exist.
Energy Energy Latest News, Energy Energy Headlines
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Eskom’s new exemption from reporting irregular expenditure is ‘cause for concern’ — energy expertProf William Gumede argues that because it’s taxpayer’s money therefore wasteful expenditure must be explained, ‘that’s what a democracy is about’ MogaleBK Finance minister is bloody mad They must have taken a page out of Russia book of 'Citizens don't need to know that'...... Welcome to The Banana Republic
Source: TimesLIVE - 🏆 28. / 59 Read more »
Eskom’s new exemption from reporting irregular expenditure is ‘cause for concern’: energy expertThe decision to exempt Eskom from disclosing its irregular, fruitless and wasteful expenditure has been roundly criticised, but the Treasury insists it allows the power utility to manage its borrowing costs. Eskom doesn’t need anything less than transparency right now unless comrades want to use Eskom monies for 2024. It’s just a way of that disgusting stealing corrupt ANC/Government to cover up all the corruption they were/are involved in with Eskom, just like de ruyter said! We not a bunch of Kindergarten Kids.
Source: SundayTimesZA - 🏆 47. / 51 Read more »