Daily Insider: You have to wonder who some R95k pm Parliamentarians are serving.

LATEST ON BIZNEWS RADIO: SA exchange students in Russia stranded with government funding woes (Click here to listen on Spotify).LATEST ON BIZNEWS.COM: .ANC, EFF boycott crime scene visit: "Eeeeuuuuwwww – who cares about illegal mining, sickening pollution, when it might muddy my Jimmy Choos?"Let Cabinet Ministers suffer like the rest of usSA energy crisis demands an end to 'bourgeois greens' concernsPrice of electricity in SA compared with the rest of the continent – it's a cheap affairSwitzerland still top in the 'best country' rankingElon Musk enters the fragrance industry with 'Burnt Hair'Diet and nutrition back on the White House agendaNew political startup (yes, another one) this time breaking out of ActionSAColon cancer study findings are misleading – AGA statementCoalitions and the trickiness of the little guysTransnet meets unions over port and rail strikesLogistics in the spotlight of industrial real estate as eCommerce growsIan Cameron on Cele's 'shut up' blow out/devolution of WC police (Archives)Which FAANG stocks are worth keeping? – Fireside chat with Stafford Masie (Archives).NB: Getting this newsletter second hand? Click here for your own copy. It's free and takes under a minute..Yesterday DA shadow mining minister James Lorimer shared how literally billions of rand are being extracted by criminal syndicates through illegal mining (click here). After politically charged incidents involving illegal foreign workers, the ANC has suddenly started paying attention. Some are actually visiting the crime scenes on Saturdays. In theory, anyway..Last weekend, Lorimer guided a troupe of Parliamentarians to sites in Emalahleni (Witbank), the epicentre of SA's coalfields. He'd visited the area in May after a local DA colleague was asked for help by residents of Dubha Park, a middle-class suburb. Pollution from coal burning in nearby illegal workings is making residents sick, a child having been hospitalised..Lorimer applauded the ANC chair of the portfolio committee who agreed to surprise visits of three illegal operations. These included strip mining on an industrial scale by front-end loaders, diggers and dump trucks. But the group never got to that one. After observing the first non-stage-managed site, ANC and EFF members simply refused to go any further..Makes you wonder who some of our R95k a month taxpayer-funded Parliamentarians are actually serving..How Ukrainian strategy is running circles around Russia's lumbering militaryMost Nobel laureates develop theories; Ben Bernanke put his into practice – with insight from The Wall Street JournalHedge fund managers paid for stockpicking genius aren't showing much of itIMF warns 'Worst is Yet to Come' as steps to slow inflation raise risks.data-title=" ANC, EFF boycott crime scene visit: Who cares about illegal mining when it may muddy my Jimmy Choos?SA's shadow mining minister James Lorimer had his hopes of a breakthrough in the war against organised mining criminals dashed when ANC and EFF members of Parliament's task force refused to visit an illegally-worked open pit coal mine. This was the second site scheduled for observation during Saturday's visit to Emalahleni (Witbank), unusual in that it avoided typical Potemkin-village staging by bureaucrats. But as Lorimer explains in this podcast, the risk of getting their shoes muddied apparently took precedence for the R95k a month taxpayer-funded ANC and EFF deployees. In this interview with Alec Hogg of BizNews, the DA veteran unpacks how illegal mining has become big business in SA's coal mining epicentre with criminal syndicates leasing heavy duty diggers and dump trucks to illegally strip-mine hundreds of tons of coal sold wholesale into the system at massive profits. Lorimer explains how this crime is facilitated through deliberately blind eyes of those paid to protect society against such abuse. Including, it appears, some Parliamentarians.".To receive the Daily Insider every weekday at 6am in your inbox click here. You can also sign up to the weekend's BizNews Digest for a wrap of the best content BizNews has to offer, for a leisurely Saturday read.

Daily Insider: You have to wonder who some R95k pm Parliamentarians are serving.

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