8chan/8kun QResearch SOUTH AFRICA Posts (3)
#20457780 at 2024-02-22 18:12:53 (UTC+1)
Q Research South Africa #12: Joburg Blast and Highjacked Buildings Edition
>>20452931
>A R6.2bn ($413m) [AfDB] loan to Transnet, the state-owned freight rail and logistics company that operates the country's ports and port terminals.
>Daniel Mminele, a career central banker and the former CEO of big four bank Absa, will head the [Presidential Climate Finance Task Team].
"Schreiber: Concrete proof ANC forced 'all-top-jobs-for-useless-cadres' onto SA, collapsing economy"
https://youtu.be/UfXp7vCIV_E
Feb 22, 2024
After a three-year court battle, the ANC was compelled on Monday to release over 1,300 documents revealing details of actions taken by its three-decade-old cadre deployment system overseen by a communist-style central committee. SA's economic woes - high and growing unemployment, rising debt, stagnant GDP growth - are a direct consequence of the injection by this committee of thousands of unqualified and often useless party loyalists to the leadership of corrupted and bankrupt State Owned Enterprises like Eskom and Transnet; and the broader public sector. In this compelling interview the DA's shadow Minister of Public Service and Administration, Dr. Leon Schreiber, explains why he has been obsessed with forcing these disclosures, the root cause of so much wrong in the country. Previously a senior research specialist at esteemed Princeton University, Schreiber also provides context on the revelations, which parallels the seismic impact of 'Gupta Leaks' in 2017. He spoke to BizNews editor Alec Hogg.
14:54 - "This is where President Ramaphosa becomes such a fascinating case study in actually State Capture because he himself is a beneficiary of BEE, of crony capitalism, of being a connected ANC cadre in the private sector and then he went on from 2013 to actually Chair the Deployment Committee that did the same thing to the State. I think that this is a very important part of what we're discussing is that once and for all any suggestion that Cyril Ramaphosa was not part of the State Capture project is dead. Once you see how the cadre Deployment Committee operates and understand that he was the Chairman of this thing throughout the Zuma years."
15:35 - "But the mind boggles. Maria Ramos goes from a deployed cadre position to CEO of ABSA. Gill Marcus goes from communication specialist to Chairman of ABSA. Trevor Manuel goes from the Finance Minister to Chairman of Old Mutual and so on and so on and so on. How deep this runs I guess will only become evident over time."
"Cadre deployment records released by DA and ANC"
https://www.iol.co.za/mercury/news/cadre-deployment-records-released-by-da-and-anc-727535f8-3cfe-44d1-8f45-68756e051d82
THURSDAY, FEBRUARY 22, 2024
Following a lengthy court battle, the Constitutional Court ordered the ANC to hand over its deployment records from 2013 onwards to the DA by Monday.
Both the ANC and the DA made the documents publicly available on Wednesday, although they only cover the period from 2018, with President Cyril Ramaphosa telling the Zondo Commission into State Capture that it has no records of its deployment committee meetings and decisions between 2013 and 2018 because no minutes were taken.
Meanwhile, the DA on Wednesday lost its bid to have the court overturn the ANC's cadre deployment policy.
The fight is, however, far from over, with the DA saying that it had already instructed its legal team to appeal this ruling as a matter of urgency.
#20452931 at 2024-02-21 20:43:55 (UTC+1)
Q Research South Africa #12: Joburg Blast and Highjacked Buildings Edition
>>20452927
"South Africa: AfDB boosts Ramaphosa's investment drive, eyes $27bn Just Transition fundraising" - Part 2
https://www.theafricareport.com/187429/south-africa-afdb-boosts-ramaphosas-investment-drive-eyes-27bn-just-transition-fundraising/
Posted on March 25, 2022 17:40
The AfDB's current portfolio in South Africa totals $3.2bn:
- Financing to the private financial sector amounting to R16.5bn ($1.1bn), including support to the Development Bank of Southern Africa and lines of credit and trade finance facilities for leading domestic banks.
- A R6.2bn ($413m) loan to Transnet, the state-owned freight rail and logistics company that operates the country's ports and port terminals.
- A total of R48bn ($3.2bn) for the energy sector, including Eskom's capital expenditure and the Medupi power project.
To prepare for South Africa's energy transition, Ramaphosa has set up a Presidential Climate Finance Task Team to lead the mobilisation of funds.
Daniel Mminele, a career central banker and the former CEO of big four bank Absa, will head the task team. The task team will lead engagements on the R131bn just transition partnership with the European Union, France, Germany, UK and the US.
Ramaphosa also revealed that the fourth instalment of the Investment Conference has helped his administration reach 95% of the R1.2-trn target.
Some of the largest pledges received at Thursday's Investment Conference by sector came from: Scatec, R16bn in the energy sector; Ford, R16.4bn in the automotive sector; Renergen, R14bn in the mining beneficiation sector; Biovac, R2.5bn in the healthcare and pharmaceutical sector; Telkom, R7bn in the infrastructure, property and logistics sector; and the New Development Bank, R21.7bn in the development finance institutions sector.
"With just one year left to go, we have now reached 95% of the ambitious target we set," said the South African president.
#19278910 at 2023-08-01 15:16:52 (UTC+1)
Q Research South Africa #11: Diamonds, Gold, and War Edition
>>19278851
>>19278852
>My name is Jeff Koorbanally (Private Forensic Investigator)
"Going behind arguably South Africa's biggest economic, financial crime over the last +30 years"
https://africanewsglobal.co.za/going-behind-arguably-south-africas-biggest-economic-financial-crime-over-the-last-30-years/
11 May 2021
Below are excerpts
On Tuesday, May 4, 2021, Sam & Nicholas Attorneys [SNATT], a Cape Town-based legal practice, again represented its clients [Karima Abdul Razak Tayob Surtie and Edward Jeffrey Koorbanally] in a protracted matter that traces its genesis to the mid-'80s. SNATT is in the Western Cape High Court to file its Rule 30 application to set aside the PIC's irregular step since the PIC brought an exception out of time. Given that the matter was postponed on Tuesday for court logistics, SNATT and its client will now await a subsequent court date where it will move to hear the PIC's exception. The clients represented is Mrs Karima Abdul Razak Tayob Surtie, the recognised executrix of the Estate of the late Abdul Razak Tayob Surtie, a Lesotho Citizen. What then is the claim that Mrs Surtie is in court for as represented by her attorneys since 2019? At the heart of this case is the claim that more than U$36bn, yes you read correctly, that the late Mr Surtie inherited but never received instead became an intricate and meandering tale that details apartheid and democracy entities, Reserve Bank, Public Investment Commissioners / Corporation Barclays Absa and a slew of politicians.
The main entities implicated in this longstanding injustice and crime of over U$250bn are respectively: South African Reserve Bank (SARB) in particular Financial Markets Department and Subsidiaries (State-Owned), Public Investment Commissioners / Corporation (PIC), Corporation of Public Deposits (CPD), Barclays Bank PLC and ABSA Group Ltd.
This case equally so has the following as people of interest, against whom the allegations stand that they failed to investigate the matter, which may constitute a claim of a cover-up of the crimes rendering them as complicit in the crime. These are for the periods they served respectively in office: Trevor Manuel Finance Minister in his capacity as sole trustee of the PIC, Pravin Gordhan (Finance Minister ), Tito Mboweni (Governor of the SARB & Finance Minister), Gill Marcus (Governor of the SARB / ABSA Chairperson), Maria Ramos (DG of Treasury/CEO of ABSA), Lesetja Kganyago (Treasury / SARB), Lungisa Fuzile ( Treasury), Daniel Mminele ( Deputy Governor SARB), Johan de Jager (Head of Legal SARB), Yunus Carrim, (SCOF) Thembo Godi SCOPA Chair) and Baleka Mbete (Speaker of Parliament).
To appreciate the historical context, it becomes essential to appreciate the documented evidence of interactions across international entities that details at least four sovereign states South Africa, the UK, the USA and Lesotho.
Koorbanally thus, in August 2017, at the occasion of the ANC's Policy Conference, resorted to confront Pravin Gordhan directly on this what he now concluded was blatant corruption. In this instance, Ramaphosa, among others, defended Gordhan, then deputy president of SA. It was argued the matter needed to be dealt with by Government, and Ramaphosa undertook to meet with Koorbanally after the ANC's 54th Conference again, as is a notorious pattern of most mentioned in this account no action four years later. After being denied for three years in January 2018, Koorbanally finally met with SA President Jacob Zuma at his Mahlamba-Ndlopfu - Pretoria residence. Zuma committed to adding this matter into the terms of reference of the State of Commission for investigation. Koorbanally strangely was never called by the State Commission to present the account of ART Surtie as the beneficiary who until now is yet to access his inheritance albeit in late estate definition as led by Karima Surtie.
This case confirms apartheid era and democratic South Africa officials in cahoots in any circumstance anywhere in the world would be classified as grand scale corruption that details a litany of charges.
Questions concerning why those attached to the listed entities opted to be this reluctant to deal with the Koorbanally requests. At another level, what details the role of a crossbreed of SA Government presidents, ministers, politicians and officials in SARB, Public Investment Corporation, Corporation for Public Deposits (CPD). Equally so, the roles and interests of ABSA & Barclays Bank officials as cited in this grave injustice that may define the heinous crime.