Eureka: How to ‘stake your claim’ in the whites-only town | IOL News

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Eureka: How to ‘stake your claim’ in the whites-only town DFANEWSPAPER

The founder and official co-ordinator, Adriaan Alettus Nieuwoudt, describes Eureka as a “security town” where people can “securely retire, live and work with their own schools, shops and medical services in their own mother language and rural culture”.Nieuwoudt says the movement was born out of the “radical empowerment that is being implemented by the government , the corrective-end action and general negative statements by political leaders against white people”.

“Our explanatory order on self-determination was submitted by our advocate in the Kimberley High Court on Friday, November 23 2018.” “However, at this stage, the site will not be pinned to a specific site, as it may happen that there are open sites everywhere, which will make the expansion of the infrastructure unnecessarily expensive. If you want to build on your premises in the near future, you can also participate in our ‘stokvel’.”Interested parties can register as a member by sending an e-mail.

Each shareholder obtains a separate folio in the member register of the company. Records are kept by the company secretary, Mrs Elsa Schreuder. The premium value of the shares is currently a minimum of 25 cents per share as of June 1 2017. The 5 000 shares therefore cost R1 250.This is called a ‘stokvel’. Members who participate in the stokvel can buy as little as R300 worth of shares per month.

The policy is for a member to pay all the material and labour for his/her home and to pay a 20% “profit” to the company for building the infrastructure.

 

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DFANEWSPAPER At least everything will work clockworks in that town.

DFANEWSPAPER If it walks like a cult and sounds like a cult...

DFANEWSPAPER Are you sure it won't be expropriated without compensation

DFANEWSPAPER This article should be headlined 'Apartheid era fraud tries new scam'

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