Author: Mamparra
Pre- COVID Tax Regulations On Gambling Revenue is Back
The National Gambling Board reported to Parliament in the 2021/22 fiscal year that the amount of tax revenue received from the casino industry had returned to its levels prior to the pandemic. The level of tax revenue collected by the industry reached R3.2 billion for the first time since the 2019/20 fiscal year during the…
Read MoreAn R182 Billion Windfall Makes Citizens Feel Better
When delivering the micro-budget in November, the recently appointed Minister of Finance, like his boss Cyril Ramaphosa, admitted to being concerned about the state of the economy. At this point, he is doing everything he can to instill hope. Based on the premise that there can be no confidence without hope Without confidence, investment does…
Read MoreZimbabwe Prepares for a Difficult Time Ahead
The most recent electricity emergency in Zimbabwe is characterized by power failures lasting up to 19 hours per day, business parks and roads in the capital city of Harare being complete without lighting, and rising manufacturing costs that are likely to fuel inflation as a result of the additional costs associated with operating generating units.…
Read MoreMamparra Declares an Emergency for Eskom
If you are reading this post, you are most likely one of the lucky individuals in South African Mamparras who still has power to their computer or wireless router at this time. But millions of people do not, and millions more will find themselves in the same situation as the day progresses. They will go through…
Read MoreUpdate on East London Tavern Deaths
According to provincial health officials and the presidency, South African authorities are looking into the deaths of at least 22 young people who were discovered inside a well-liked bar in the coastal town of East London. State-run SABC said that the deaths might have been the consequence of a stampede, but provided little other…
Read MoreAfter Winning South Africa’s National Lottery, a Number of People’s Worst Nightmares Came True
Numerous family members have lately been in court over multi-million-rand Lotto winnings, and in a few cases, the winners have managed to find themselves broke and in debt. Martin Harris, a former taxi conductor from Newlands East, managed to win R280 000 in the mid-1990s and recalled feeling “so enthusiastic” when he first found out.…
Read MoreElon Musk Offers To Buy Eskom
According to Investopedia, the 55-year-old is the world’s richest man and can do whatever he wants for the rest of his life. Your home solar system generates electricity even when you’re away. Batteries provide night-time power. Batteries will be refilled while you sleep as solar energy productivity and battery storage capacity increase. Imagine saving money…
Read MoreVrystaat Ferrari
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Read MoreEskom Working Flat-out To Avoid A Total System Blackout
From one national disaster to the next. Eskom said in a statement Wednesday afternoon that level 3 load shedding would continue until Friday. However at 50% of the coal fleet is unavailable for duty, and another 25% are ‘at risk,’ then a national blackout isn’t just a theoretical possibility, but a more than likely scenario.…
Read More750 Days In A National Disaster State And Back To The Real Hustle
Last night the devastating floods in KZN caused South Africa to be plunged back into yet another national state of disaster. An “independent agency” has been earmarked to manage billions of rands re-allocated from some new “loan” for disaster relief in KwaZulu-Natal. Not downplay the gravity of the situation but the reality the ANC has…
Read MoreRecent Mamparras
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