A SAPO office in the Eastern Cape during an oversight visit by Parliament’s portfolio committee. (Image source: SAPO via X)
SHOCK FIRE SALE: In a desperate last-ditch move, the ANC government is officially putting South Africa’s CRITICAL STATE ASSETS on the auction block, selling our national sovereignty to private bidders after BILLIONS in taxpayer bailouts vanished into a black hole of corruption and incompetence. The once-proud South African Post Office (SAPO), now a gutted shell, will be handed over to corporate partners THIS QUARTER in a so-called “partnership” that experts warn is a PRIVATIZATION STEAL.
This isn’t a rescue—it’s a CORPORATE COUP. While millions of citizens are left without vital services, Minister Solly Malatsi has confirmed the grim details in a Parliamentary reply, exposing a twisted plan concocted with the Development Bank of Southern Africa. The goal? To “maximize value” from public assets for private profit. This comes as the Auditor-General’s report confirms the TOTAL COLLAPSE of key entities under the Department of Communications, including the South African Broadcasting Corporation and Broadband Infraco.
The betrayal deepens. In a parallel scheme, Broadband Infraco is being forcibly merged with Sentech to create a “State Digital Infrastructure Company.” This isn’t consolidation; it’s a COVER-UP for catastrophic failure, creating a new monopoly from the ashes of old ones. These entities have a documented history of massive losses, yet the political elite have CONTINUOUSLY funneled public money into them. NOW, THEY ADMIT “additional funding is not available.” The tap has finally run dry on YOUR dime.
The brutal truth is now unavoidable: after decades of looting and cadre deployment, the state has been deliberately bankrupted to justify handing over the nation’s infrastructure to private interests. They created the crisis, and now they are cashing in on the solution. The systematic dismantling of South Africa’s public wealth is nearly complete. If this is how a government saves its own institutions, then perhaps the final institution that needs saving is democracy itself.
Author: Kayitsi.com
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