Friday, October 25, 2019

ESKOM RECOVERY PLAN IS BASIC LOGIC!

ESKOM RECOVERY PLAN IS BASIC LOGIC:


Floyd Shivambu

On Tuesday, the 22nd of October 2019, the National Assembly passed a special appropriation bill to permit the South African government to shift R59 billion from the National Revenue Fund to ESKOM as part of the many interventions for its financial recovery. In 2015, ESKOM was allocated R23 billion by the erstwhile Minister of Finance Nhlanhla Nene, who made commitments that such will never happen again.

Sunday, September 01, 2019

{UNEDITED}TITO MBOWENI’S ECONOMIC STRATEGY DOCUMENT IS SPONSORED STATE CAPTURE THAT MUST BE FOUGHT!

{UNEDITED} TITO MBOWENI’S ECONOMIC STRATEGY DOCUMENT IS SPONSORED STATE CAPTURE THAT MUST BE FOUGHT! 01/09/2019 Notes:

Floyd Shivambu 

The Minister of Finance Tito Mboweni issued an Economic Strategy discussion document, which is evidently not a product of domestic intra-governmental and inter-governmental consultation process. The economic strategy is a product of the two colloquia convened by the Minister in December 2018 and January 2019 attended by amongst others, Harvard University’s Centre for International Development ex-Director Professor Ricardo Hausmann; World Bank Consultant, who’s former citizen of South Africa Professor Robert Lawrence, and Professor Dani Rodrik, who is associated with the Rockefeller Foundation. 

Wednesday, August 14, 2019

UNEDITED: THE ANC HAS A RENTED PRESIDENT WHO IS DANGEROUS FOR SOUTH AFRICA.

THE ANC HAS A RENTED PRESIDENT WHO IS DANGEROUS FOR SOUTH AFRICA:

Floyd Shivambu

The recent factual and accurate reports about the funding that was mobilised from rich white businessmen to assist the incumbent Mr. Cyril Ramaphosa to campaign for ANC Presidency reveals the fact that he is a rented President. Cyril Ramaphosa the white capitalist establishment and its comprador tentacles who used money to persuade ANC branches, delegates, regions and provinces to vote for Cyril Ramaphosa as ANC President. The purpose of raising so much money for Ramaphosa to win the ANC 54th National Conference was evidently intended at safeguarding the white capitalist accumulation path that defined South Africa since colonial conquest, apartheid capitalism and imaginary dawn of democracy. 

Tuesday, June 18, 2019

Ministers’ Resignations from 6th Parliament

Former ministers choose fat pensions over mandate to serve the people! 


One thing that came to define the start of the 6th Democratic Parliament are the resignations by former members of the executive from the National Assembly.

There are of course various speculations on why these former ministers and deputy ministers resigned, and these include pension consideration and rumours of redeployment to other focus areas.

Wednesday, February 06, 2019

THE ARROGANCE AND DISHONESTY OF REBECCA DAVIS: THE SO-CALLED SANITY CHECK OF EFF MANIFESTO IS SHALLOW AND MISPLACED.

THE ARROGANCE AND DISHONESTY OF REBECCA DAVIS: THE SO-CALLED SANITY CHECK OF EFF MANIFESTO IS SHALLOW AND MISPLACED. 

Floyd Shivambu 

The pitiful attempt by Rebecca Davis to give a critique of the EFF’s Election Manifesto is lousy, yet we we will provide a clear response to what quite frankly is claptrap disguised as analysis. The EFF welcomes and encourages engagements including disagreements with the commitments on what people said should be our plan of action when we takeover government after 2019 elections.

Tuesday, February 05, 2019

EFF’S JOB PLAN WILL RESCUE SOUTH AFRICA FROM A CRISIS.

EFFS JOB PLAN WILL RESCUE SOUTH AFRICA FROM A CRISIS.

Floyd Shivambu 

One of the biggest failures of  the post 1994 Government has been the inability to create jobs, in particular for able, willing and young people. South Africa has more than 22.6 million people who can work, of which 16.4 million are employed and 6.2 million are unemployed. These figures do not include the more than 2 million people who looked for work, could not find work and now they have given up in looking. In expanded definition, which is the real definition, close to nine million South Africans are jobless. All aspects and sectors of the EFF 2019 manifesto have jobs dividend, and this article only focuses on the industrialisation and procurement jobs plan contained in the Manifesto.

Monday, January 14, 2019

THE ANC HAS NO PLAN FOR JOBS!

THE ANC HAS NO PLAN FOR JOBS, AND ANYONE WHO BELIEVES IT HAS IS BEING CONNED:

Floyd Shivambu

The African National Congress launched its 2019 General Elections on Saturday the 12th of January 2019 in KwaZulu Natal. As part of the hot air blown by its President, one of the most devastating promise, particularly for the unemployed youth, is a promise to create 275 000 jobs per year over the next 5 years. What this promise entails is that between 2019and 2014, the ANC wishes without a clear and concrete plan,to create only 1 375 000 jobs. The wish is part of the many wishes in previous ANC Manifestos, growth plans and policy confusion that defined the party since 1994. 

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