Tag Archives: SARB

Ramaphosa Has the Power!

Mike Hampton Posted on by

Cyril Ramaphosa has the power. That needs to be realised louder than the uselessly negative opinions that have flooded us since his election as ANC president. The past week has been an interesting amalgamation of fear, hope, allegations, lies, tainted victories, hate and hysteria. Being predictable doomsayers will not help South Africans be effectively objective or supportive. A better future requires common sense now. THE COMING LAND GRABS As the ruling party, what the ANC decides as policy has the potential to become law in South Africa. Its recent decisions … Read the full article…

The truth may be bitter but sharing it is sweet!

Help Protect SARB Whistleblower Stephen Goodson

Mike Hampton Posted on by

Stephen Goodson, former consultant director to the South African Reserve Bank (SARB), faces possible criminal charges and arrest… for disclosing secret, criminal dealings of SARB. Above is a recording of his meeting with the Hawks. PLEASE listen to it. The crimes of our banks are damaging our country. As shared earlier, 39% of our stock exchange is now owned by foreign countries. SARB controls much of the direction of South Africa yet is a private company. Goodson, here, claims that FW de Klerk stole R12-billion from us and that we … Read the full article…

The truth may be bitter but sharing it is sweet!

Capitec Explains Why They Are Not Overexposed Like African Bank

Mike Hampton Posted on by

On 15 August 2014, Moody’s Investor Service (Moody’s) downgraded Capitec Bank’s international deposit ratings to Ba2/NP from Baa3/P-3 and its national scale ratings to Baa1.za/P-2.za from A2.za/P-1.za. All ratings with the exception of the short term No Prime ratings were also placed on further review. The reasons for the downgrade, according to Moody’s are two-fold: Their view of a lower likelihood of systemic support from the South African authorities following the recent decision of the South African Reserve Bank (SARB) to include a bail-in of senior unsecured bondholders and wholesale … Read the full article…

The truth may be bitter but sharing it is sweet!