🚨 A Palestinian mom was shot point blank in her head by IDF soldiers while she was carrying her child.😡😡
Retweet and expose Israel if you have a little Humanity left in you‼️
NATO’s proxy army being sent to the frontlines in handcuffs. As Lindsey Graham said, as long as NATO sends the weapons, Zelensky has promised to fight to the last Ukrainian.
So SAPS has officially confirmed that the first suspected linked to one of the deaths, is in actual fact a foreigner.
Its been "SA men are trash" all week. Lets see the feminists blame us now for a foreigner.
We are quiet. Sithule siyabuka.
Do you guys see this, it’s happening in front of everyone’s eyes, unabated. 🇿🇦
The State is using a classic corporate finance playbook to ‘save’ its collapsing infrastructure.
South Africa is financially restructuring
by unbundling monopolies, transferring debt to the public sector, and selling off operational access to the highest-bidding private partnerships.
The government is clearing the path for private corporations to buy into and profit from the country's core infrastructure.
@NaiveBantu The constitution really needs to being amended with regards to appointments of judges , it should not be that someone who has duel citizenship is appoint to such a position.
Paying interest twice. Why forex denominated loans to “fund” local rand spending result in the state paying interest twice, first on the forex, and then on the rand liabilities that govt spending creates.
https://t.co/eNRaKPdcHT
The 2026 financial results show that IPPs continue to be a financial burden on Eskom.
IPPs and their useless renewables constitute 30% of primary energy costs while only contributing 10% to generation capacity. That 10% has a very low Energy Availability Factor.
Ramaphosa continues to impose these nonsensical renewables on Eskom because his private sector ‘friends’ and his brother in law are benefiting.
Well done to Eskom’s management
BUT
Eskom profit is actually government inefficiency that resulted SAs households paying at least R2000 more on average per year in electricity tariffs than was necessary.
Here’s why:
The rand issuing state gains nothing from rand profit and loses nothing from rand losses.
What matters is how those profits or losses affect the rand using private sector (households and businesses).
The @SAReserveBank has repeatedly explained that electricity tariff increases are a major driver of SAs cost pushed inflation.
Eskom’s R30 billion in profit plus the around R10 billion in taxes (estimate) means the state made surplus of around R40 billion from Eskom.
There are around 20 million households in SA.
R40 billion = around R2000 per SAn household.
The key to govt efficiency is to ensure that state organs keep household and businesses costs as low as possible, while providing essential services and infrastructure and while ensuring sufficient demand for goods and services of the economy.
While demand for goods and services is too low (42% unemployment) and while inflation is cost pushed and largely driven by electricity tariff hikes, it makes no sense to increase inflation and reduce demand, by having Eskom have tariffs R40 billion higher in total than it needs to.
So while the Eskom team must be applauded for their efficiency, govt as a whole must adjust tariffs to ensure rates, tariffs & taxes in general are optimised not for meaningless rand profit for the state, but rather to reduce inflation, inequality and harmful behaviour.
No big deal, just proof the FDA knew the COVID Vaxx was poisoning women’s ovaries as early as NOVEMBER 2020.
And NOBODY will ever be held accountable.
Our country is run by criminal murderous psychopaths. And there’s no way to vote our way out of this. Have a good day.
@SAReserveBank "how inflation is managed in pursuit of price stability" Did you forget your mandate? "protect the value of the currency in the interest of balanced and 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗴𝗿𝗼𝘄𝘁𝗵"
There is a wealth of post-Keynesian research which shows that the Non Accelerating Inflation Rate of Unemployment (NAIRU) is nonsensical.
Yet, not only does the @SAReserveBank base its interest rates on the NAIRU, but it estimates it at around 25% unemployment.
That means that the SARB believes that it must keep SA unemployment around 25% at least, in order to limit inflation. How insane is that!!