Tag Archives: debt

President Ramaphosa calls Family Meeting about Energy Crisis!

 

For the first time since his regular ‘Family Meetings’ during Lockdown, President Ramaphosa addressed the nation via Livestream on YouTube. His topic was the ‘Energy Crisis’.

The ultimate goal of the measures announced is to never have to experience energy shortages again, the President said.

 

Continue reading →

Notorious Chef Conrad Gallagher opens new restaurant in St Francis Bay, after leaving trail of debt in SA, USA and Ireland!

 

It’s not often that an Irish or any other international newspaper would take an interest in the opening of a restaurant in a holiday town in South Africa, or contact me about this news, requesting my reaction. The Irish Sun did so last week, and published its story two days ago.

I have written about Chef Conrad Gallagher’s  shenanigans before, when it became known that he did not pay his rental in the beautiful Breda Street Café Chic building in Cape Town, nor his staff, nor cake supplier Charly’s Bakery. He left in a hurry, only to return to Port Elizabeth, with a similar manner of escaping payment, leaving unpaid debt. Continue reading →

WhaleTales Tourism, Food, and Wine news headlines: 8/9 November

WhaleTalesTourism, Food, and Wine news headlines

*   Moody’s has downgraded our country’s debt rating to Baa2, one level lower, due to ‘poor growth prospects and rising public debt’, a rating on a par with the company’s ratings of Russia and Brazil, and two notches removed from ‘junk status‘. Electricity shortages were highlighted as one specific reason for the downgrade.

*   The Volvo Ocean Race yachts have arrived in the V&A Waterfront, and a host of activities are planned until the yachts head for Abu Dhabi on 19 November.  Only seven teams are participating in the world’s leading offshore sailing race covering four oceans and five continents.   An inaugural Open Ocean Festival runs in this period, but has been very poorly publicised (shoppers to the V&A Waterfront received brochures yesterday as they entered the underground parking).  Events of the Festival include the Open Ocean Film Festival this weekend, Fly Boarding today, Xtreme Water Polo from 10 – 12 November, Canoe Polo today, a Sunset Mile open ocean swim on 12 November, and the third day of the IRC National Regatta today.

*   Waterford Wine Estate has been named a Global Winner in the categories Wine Tourism Service and Sustainable Continue reading →