I'm in awe after seeing Trump & XI go at it like high school girls over recent days. The stock markets are no longer the place to build wealth. I've officially pivoted to meme-coins.
A follow up analysis will show the horrendous salaries these CEO's and managers earn for destroying capital. Some CEO's earn in excess of R10m per annum.
This is cadre deployment in full force.!!
R520.6 BILLION. That’s how much taxpayers will have forked out to bail out failing, corrupt SOEs by 2025.
That’s over R8 600 per citizen – gone.
Here’s the breakdown:
🔌 Eskom – R241.6 BILLION
🚢 Transnet – R61 BILLION (requested)
✈️ SAA – R48.2 BILLION
🛣️ SANRAL – R47 BILLION
📮 Post Office – R8 BILLION
🛡️ Denel – R3.3 BILLION
📉 Other SOEs – R111.5 BILLION
Imagine what that money could have built instead:
🏫 Over 8 600 new schools
🏠 Over 2.6 million homes
🚔 A police force three times bigger
South Africans are paying the price of failure.
End the SA Post Office bailouts ➡️ freesa.org.za/end-the-sapo-b…
Fight the good fight, friend.
Are you listening Cyril. Stop thinking that to govern a country you need to create more and more laws--which we are doing. Get out of the way of entrepreneurs--the unsung heroes of our country.
Africa is the most overregulated region in the world, and that’s exactly why it’s also the poorest.
Most “experts” miss this connection.
(@SkyNewsAust with @RitaPanahi)
Which way will we go? RIght now, it looks like the Zimbabwe option...
In 1960, Zimbabwe was 4.6x richer than Botswana.
Then Zimbabwe went full socialism: land grabs, money printing, and a series of “government knows best” policies.
Botswana embraced property rights and free markets.
By 2011, the average Motswana was 6x richer than the average Zimbabwean.
Wake up Africa!
Men lie, women lie, numbers don’t.
If you’re not learning from the past, you’re condemned to repeat it.
Navigating the market tempest: When Wall Street meets ‘The Perfect Storm’ #MoneywebNews - By @za_mags moneyweb.co.za/financial-adv… via @Moneyweb
FRAUD ALERT: Someone is using my name on Whatsapp to solicit Bitcoin investments on the Luno app.
Be careful, its not me and please don't respond.
With the ZAR now at R20/1 against the USD, I feel sorry for readers of Rapport newspaper, who described me as a scaremonger when I advised 10 years ago that investors take some money offshore. We are "bittereinders" it said, "we are going nowhere with our money". Rather bitter poor now....
This one was even better....R13 to the $!
Could the rand reach R13/$? currencynews.co.za/could-the… via @currencynewsza
Forecast of the year goes to....
Rand could break through R15 to US dollar #MoneywebNews moneyweb.co.za/news/economy/… via @Moneyweb
Goodbye Joburg – thousands flee to find better living businesstech.co.za/news/life…
Money flooding out of South Africa dailyinvestor.com/investing/…
Magnus Heystek retweeted
If indeed the ANC was pre-warned of the October 7 Hamas attack on Israel then the entire ANC executive should be placed on the ICC arrest list. This needs further investigation. sabcnews.com/sabcnews/lamola…
Can we now get News24 to apologize about Potchefstroom (Nazi salute), Lichtenburg (teacher accused of racism) and Stellenbosch (Wilgenhof saga)? The list goes on and on...
Newzroom, like many other media institutions in South Africa, has now also had to apologise for inaccurate reporting about @afriforum.
Others who have had to apologise for publishing fake news about AfriForum include, among others, @AdriaanBasson’s @News24, @dailymaverick, Sunday World, and @PieterDuToit.
The coordinated attack on AfriForum by certain media outlets is failing dismally. In their eagerness to discredit us, their lies have become increasingly obvious to the public.
And this is not the end. Watch this space for more apologies heading AfriForum’s way.
With US sanctions looming against the ANC, the rand collapsing and money pouring out of the country, don't be surprised if the ANC retaliates by imposing forex controls again.
Desperate cats do desperate things...
This is going to get very interesting. Pass the popcorn!
The plot thickens
A group of 160 lawyers, in a letter to the US Secretary of State, the Dept of Justice, and the leaders of the US Congress, requested an investigation into the alleged receipt of bribes by South African leaders from the Islamic Republic
iranwire.com/en/news/129348-…
Magnus Heystek retweeted
🚨 #BREAKING: World Economic Forum founder Klaus Schwab has informed the board he will be RESIGNING, per Reuters
Another MASSIVE blow to globalism, thanks to President Trump
Schwab has infamously been on a warpath against the United States and conservatism for FIVE DECADES, but his reign is now coming to an end.
Good riddance.
Give this man a Bell's.
Thank you @RobertHersov ,
for saying what so many -
especially in your privileged position- are petrified to say.















