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South African government will take R6Billion from pensions fund

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Thread replies: 4
Thread images: 4

File: 1024px-South_African_Logo.svg.png (86KB, 1024x562px) Image search: [Google]
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>Today the Minister of Finance, Malusi Gigaba, confirmed that there will be no privatisation of South African Airlines (SAA) and that pensioners' money is being considered to fund the airline. All of this despite the fact that the airline is practically bankrupt, recording a loss of R 1.4bn for the first three months of the current financial year.

>Considering that privatisation is off the cards, it means that these funds would have to come in the form of a loan or a bailout. This puts millions of pensioners at the risk of losing their hard earned money.The DA is strongly opposed to the idea of targeting vulnerable pensioners to bailout SAA, which continues to make losses with no signs of turning around in sight. The DA will continue its fight to protect the vulnerable in the face of the black hole that is SAA.

http://archive.is/xBaDa

So the SAA will get a debt note from the Pension fund, which means the loan will earn interest. But since they wont be able to pay it back because it never happens the Taxpayers (white people) will end up paying it.

Race war when?
>>
File: 1468572054897.jpg (149KB, 590x639px) Image search: [Google]
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>>137225390
>Airline goes broke
>Use peoples pension to pay for it
>People already get nothing on the pension
>50 million dead in a year


What did South Africa mean by this?
>>
Read this book. It goes on why this happened, and you will understand why it will happen to the US as well.
>>
File: 1477328106271.jpg (33KB, 310x394px) Image search: [Google]
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>not politics
>about niggerland
all fields etc, kys op
Thread posts: 4
Thread images: 4


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