#Gupta 2.0 – Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?

#Gupta 2.0 - Harith, New Owner of SAA Set up by Mbeki Ramaphosa Faction Using Government Pension Funds?

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?

Mango Flights Temporarily Grounded From May 1 After ANC Government Delays Paying Out Bailout Funds!

Mango’s flights will no longer be in the air from 1st of May 2021. This comes after the flight operator waited for months for their share of the bailout money, which was granted by the government to SAA.

ANC’s Home Affairs Incapable of Arranging SA Passport Extensions for SAFFAs Stuck Abroad but Extends Visas for Foreigners in SA Again!

Malicious Negligence? The ANC’s Minister of Home Affairs, Aaron Motsoaledi, recently announced yet another extension of visas for foreigners in South Africa, however, he has bizarrely refused to, or is incapable of making any arrangements for South Africans stuck abroad, whose passports will expire as a result of the extended lockdowns worldwide.

#CoronoVirus Officially in Africa As Nigeria & Algeria Confirm Cases While South Africa Plans Return of 132 Students From Wuhan in Hubei Province, China!

Most would agree that it is almost certain the #CoronaVirus is already in Africa, as the ability is just not there to detect it, but now Algeria and Nigeria have officially confirmed cases of infection. There are 199 South African citizens, mostly students, in Wuhan City and 132 of them have asked to be repatriated back to SA. As they’ve been living under lockdown conditions since the outbreak of the coronavirus a few weeks back, Ramaphosa can rest easy that it is a fairly safe endeavor for his troubled reputation. Dr. Anban Pillay – Director General at the Department of Health stated 3 weeks ago that if anyone was infected they would not be repatriated.

#TheBlackFigLeaf To Excuse Corruption, Hide Black Incompetence & Plunder SOE’s! How Nontsasa Memela Used “Transformation” To Plunder SAA!

When Zuma said “corruption” is a European word, he meant corruption itself in African culture is normal & OK, it is just Europeans who choose to make it a bad thing. At SAA, like everywhere else, they did it #TheAfricanWay. The truth is, wide scale corruption was revealed at SAA before the Zondo commission. It seems wherever there was a black man or woman in charge of anything, there was theft, fraud & corruption. 

Embattled National Carrier gets R3.5bn lifeline from Development Bank

SA Airways (SAA) has secured R3.5bn in funding from the Development Bank of Southern Africa. “Discussions held with financial institutions have been fruitful,” joint SAA business rescue practitioners Les Matuson and Siviwe Dongwana said in a statement on Tuesday. The Read More …

SAA crisis becomes ANC nightmare – No banking institution wants to borrow R2 billion for bankrupt government-controlled airline

The competition to get SAA free will now begin, which the weakest state-controlled entity now has literally no value.

The government’s inability to live up to its promise and make another R2 billion available to SAA as the largest rescue buoy has now made the entity very shaky.

SAA’s wings cut – bankrupt SOE can only pay salaries in January

The bankrupt, state-owned SAA airline company will manage to pay its staff salaries for January, but that’s where it all ends. With a bankrupt government failing to fulfill its pledge to pump another R2bn into the soe, it looks as Read More …

Cash-strapped SAA cancels 38 domestic and international flights

SAA has confirmed its cancellation of 38 domestic and international flights between OR Tambo International Airport and Cape Town, as well as between Johannesburg and Durban’s King Shaka airports. In a statement, the airline said: “These decisions are in line Read More …

SAA director resigns from his post amid crisis at state entity

SAA director Martin Kingston resigned from his post, and the move was welcomed by the communist-minded Numsa union as well as the trade union Sacca. The two unions also said the rest of SAA directors should follow Kingston’s example and Read More …