I do not know why sometimes people get so worked up on the blog/site.
The decision makers or wrong doers do not read this blog.
No change going to happen by anyone getting worked up except your health and well being.
That’s the problem with marxists, they never see the nexus between shareholders, their capital investment and the viability of any enterprise….now they are trying to persuade the free market of their lies and obfuscation.
Grown up anc / Gordhan and do tell your “our people” that they are now shareholders in SAA…invested on their behalf of course, for their upliftment, financial benefit and economic participation!…phhht!
Manana!
These practitioners know that the majority of their clients wouldn’t be seeing them if it wasn’t covered by medical aid. They’re, therefore, incentivized to fudge the codes to keep income coming in. Medical aids, esp with the power of Disco, have “mystery clients” visiting some of these practitioners to catch them up.
This article should be entitled “SA’s medical practitioners under fire for widespread fraud”.
Nothing left to “donate”….stolen already by the leeching anc cadres!
If you’ve ever been to a physio or bio, you’ll know that they will “sort out the codes” so that it’s covered by medical aid.
Same with psychologists … and gynes (SA’s rate of c-sections is the highest in the world).
There’s “diamonds” in them thar hills!!!
Come on Stephen Saad… WE need that share price back to R400… quickly now.
Thank you for sharing from real experience. In addition to the poor economy, the inverse relationship between interest rates and house prices, will cause further pain down the road, despite those optimists believing everything is rosy locally!
The FNB market segmentation is questionable. Houses above R3m are upper end …not R1.5m .
Almost as silly as people buying engagement rings.
Because the leaked Fauci e-mails show that it is ineffective.
Well some are selling for R100-300 per “stone”. Better than nothing and sitting at home.
Let them keep going. R200 feeds a lot of people.
Does not matter that it is not diamonds. It seems to have some value even if it is a small local “economy”.
… and they’re trading at close to all time highs.
The traders will tell you it’s already been factored in. From what I remember when I held the stock, they are not big investors in physical assets but are more traders of commodities so it shouldn’t be a big deal.
Isn’t this how the Big Hole of Kimberly began? Could this be the next one? 😉
The only boom will be to Amdec – they’re going to be handed their a*** there. Have you been to the site? If you like vagrants and highways and derelict rail yards then by all means go ahead. Yes, in places like London and New York old spaces get cleaned up and of course our own V&A was an urban renewal but those days in Cadrezania are looooooong gone. The KPMG building next door has been vacant for over 2 years (how long can FWJK keep that?)
Another point – AirBnB in CT will come back but more than 50% of prior usage? Doubt it
…. but I’m a buyer in CT at very deep discounts. VERY deep
The country with the biggest debt rules the world …
Look at the timing of the deal – done just before the elections.
Pravin Gordhan is scared the opposition will show up the government as the destroyer of SAA.
It will be difficult to grow the economy to it’s full potential without electricity. Load shedding is killing the economy. No mention of getting rid of BEE?
If you throw a brick from a 10 storey building, it falls to the ground. If you appoint incompetent people and get rid of competent ones for political reasons, you get chaos. Nobody can escape the rules of cause and consequence, which rules are colour-blind by the way. This is a self-manufactured crisis.
The accumulated effects of ANC corruption and mismanagement result in this.
Until they fire 40% of current staff and rehire some grey haired former engineers, this will remain our reality.
Unfortunately they’ll never rehire nor fire, so we are eternally effed.
Can someone….anyone…please show me the plans passed for the informal settlements that have sprung up all over this country. You cant have rules for one segment of the population that do not apply to another. That is racist, un democratic and unfair. Just asking …..
Root 44 is a on wide busy road which can more than cater for the traffic it creates, it had a huge parking lot which could easily take 500 plus cars, the market had dozens of small traders and provided a platform for their fledgling businesses and yet the ratepayers only care about their blighted view. The ‘community’ referred to the article is not the wider Stellenbosch community but the owners of the farms that were in competition with the market and were taking a beating as people preferred the family orientated entertianment rather than their staid wine farm atmosphere. Their motives has nothing to do with what is good for the ‘community’ but rather what is good for their business!!
With EWC and National Health plan floating about i beg to differ.
The biggest impediment to ‘bright prospects’ is ANC corruption, mismanagement and policies.
Just put the name “Roelof Botha” and you know exactly what is coming.
There’s only 1 entity that will invest in SAA…The SA taxpayer…
Place as many layers of obfuscation as you like the bill will always always be picked up by citizenry.
The loadshedding is as a result of the ANC corruption and mismanagement for so many years.
Wrong pic. Should have been a crashed plane. What a farce. First the corrupt ANC loot billions of taxes to keep the SAA cadres in luxury and now they just give it away with no accountability for missing billions. Disgusting. Doing business with a corrupt government is always a disaster.
How about cutting cadres to the bone?
Growth:
India:12%
China:8%
USA:6%
South Africa: cANCer%
Gwede and his wife are salivating at the prospect of Karpowership contracts; especially the sweeteners that go with these contracts.
Gwede, how is going with sourcing alternate sources of energy?
Read an article elsewhere this morning, stating that the whole country has been held “at ransom”: a few BEE major coal suppliers holding Eskom at ransom.
Not a word on actual coal shortages, or supply issues(?)
In a micro environment, I would describe it like this:
Imagine you want to visit the store to buy two bags of braai briquettes.
Instead, you are forced to buy from “15 useless buggers” off the street, supplying you each a cupped hand full of poor quality charcoal, they picked up elsewhere. And you hand everyone R20 for your R5’s worth of charcoal (when you really wanted briquettes)…the extra R15 is for charity, as you feel sorry for these buggers.
So you end up paying 15 X R20 each = R300 for your 2-bag briquette equivalent.
When you eventually sit down at your braai, they arrive again with a “list of demands” to share some wors and liquor. (As they “helped” you.)
This is how SA works, in its simplistic inefficiency.
amazing however that Eskom =ANC could suspend the loadshedding for parliament and a Zulu funeral in KZN?? So the private sector and taxpayers are not important to the ANC.
I think Cyril’s hand was forced. Suspect that issues at Eskom are much worse than they are letting on and this is really the only hope to try and prevent a catastrophic economic impact.
This is gonna end in tears. The tears are neither mine nor are they of joy.
What could go right?
if one reads between the lines…….
Acknowledgment that we in serious serious trouble, which will not be fixed anytime soon
There are a growing number of totally dishonest practitioners trying to fleece the medical aids — Can give names in writing so it is not a one sided argument here !!!