Cobi
5.6K posts
Cobi
@peppertree_ave
Gen-X. Follower of markets.
[BREAKING NEWS] Fuel prices will increase on 6 May. Diesel will go up by R6.19 per litre, while petrol will increase by R3.27 per litre. #Newzroom405
THE AUDITOR GENERAL REPORTS R151 BILLION LOST IN MUNICIPALITIES!!! "According to Tsakani Maluleke, municipalities must now begin recovering portions of the R151 billion in unauthorised, irregular, fruitless, and wasteful expenditure (UIFWE) accumulated across the country’s 257 municipalities. Breakdowns from Auditor-General reports paint a stark picture: R137 billion in irregular expenditure, R8.5 billion unauthorised, and R5.27 billion classified as fruitless and wasteful." Report from IOL. Apparently there are moves to have the Municipal Finance Management Act hold individuals responsible for municipal losses. When we say #MadlangaCommission will need at least 5 years to clean municipalities we are not joking. The rot is too deep. Maybe the Commission should recommend that Gareth Mnisi be made the first example of this new legislation!!
BREAKING NEWS | A multi-million rand Nigerian cellphone phishing syndicate - operating out of a well-known Durban beachfront hotel - has been cracked by KZN police teams. Three men from that country have just been arrested, along with two local women. Members of SAPS KZN Crime Intelligence dealing with commercial, financial and cybercrimes, SAPS KZN Commercial Crime Investigations, Durban Central SAPS and Durban Metro Police Tactical Support Unit worked closely to trace the suspects. The alleged scammers were operating out of three hotel rooms, booked in the first week of April. A number of cellphones and laptops - used in the commission of the crimes - have been seized. The five suspects will be charged with fraud, theft and the contravention of the Cybercrimes Act. They are expected in court next week. @eNCA
Why Elon Musk is RIGHT to fight South Africa’s racist rules blocking Starlink? Imagine this: Long ago, South Africa had very unfair laws called apartheid. They treated Black people badly and kept them from good jobs and money. When those bad laws ended, the country made new rules (called B-BBEE) to help Black people get a fair share of business. The idea was good – like a big helping hand. But now? For companies like Starlink to sell fast internet, they MUST give away 30% of their business to Black partners. Just because of skin color. Elon Musk was born in South Africa. He left as a teen to chase big dreams. Today, his company SpaceX wants to bring Starlink – super fast satellite internet – to South Africa. But the rules say no unless they give up part of the company. Elon said it right: “Starlink is not allowed because I’m not Black.” SpaceX promised to spend about $30 million (that’s 500 million rand!) to give FREE high-speed internet to 5,000 rural schools. That helps over 2.4 MILLION kids every year learn better, get jobs later, and have a brighter future. Real help for the people who need it most! Starlink already works in about 24 other African countries. Villages there now have internet for school, doctors, and business. South Africa’s villages are missing out because of these racist rules. Elon isn’t asking for special favors. He just wants fair play so Starlink can connect everyone fast. Internet = education, jobs, hope. Why hold back millions of kids over rules that pick by race and color?
