ActionSA leader Herman Mashaba says on-the-ground feedback reflects a very different Election’24 picture to one propagated by incumbents and the media. He points to ActionSA’s double digit vote shares in rural by-elections complementing its widely acknowledged strong position in urban areas, especially Soweto where he reckons the party dominates. Mashaba…
President Cyril Ramaphosa has no “long game” to deal with corruption. The only game is the African National Congress (ANC) held together by corruption - and run like a syndicate. So says Democratic Alliance’s Shadow Minister of Small Business Development, Jan de Villiers. He speaks to BizNews after the president…
Investors who’ve bought a “local is lekker” marketing message by SA asset managers will grind their teeth a little harder after another huge underperformance by the JSE in February. In our weekly review of the past month, Corion’s David Bacher unpacks the key numbers and shares why international stock markets…
Hero crime fighter Ian Cameron is entering politics. In this interview with BizNews, he speaks about his motivation for joining the Democratic Alliance (DA) and heading to Parliament. He also gives the assurance that he will remain involved in the civil rights work he has done for the past 15…
The Multi-Party Charter (MPC), the Radical Economic Transformation (RET) factions and the African National Congress (ANC) are the three “slides” in the election show of 2024. That is according to Neil de Beer of the United Independent Movement (UIM) - a party in the Multi-Party Charter (MPC). In this interview…
André Pienaar is a venture capitalist, CEO, and founder of C5 Capital, a firm with a diverse portfolio spanning the cybersecurity, space, and nuclear power industries. He is also one of the co-founders of the Scorpions, which, according to Pienaar, was one of the most successful law enforcement units. However,…
Having worked his way from a ‘Bobbie on the Beat’ to a SAPS General when it meant something, former KZN Hawks boss Johan Booysen has lived an adventure. With challenges including mass media vilification through a bizarre stitch-up engineered by criminals (and their captured politicians) through to being wrongly arrested…
After three years of consultations, The United South Africa Movement (TUSAM) has launched the South African People's Charter and the Charter of Citizens' Obligations. In this interview with BizNews, TUSAM’s Solly Moeng says “this system is built to protect the ANC (African National Congress)”, and that it has to change…
The beleaguered Road Accident Fund (RAF) is losing an estimated R3 billion a year to opportunistic loss of income claims from people who suffered only minor injuries in a motor vehicle accident. In this interview with BizNews, actuary and damages expert Gregory Whittaker shares his research for the Actuarial Society…
Mimecast, a company started by two South Africans is a global leader in cybersecurity specialising in advanced email and collaboration security. After trading on Nasdaq for six years, the company decided to go private in November 2015 in a $5.8 billion deal with Permira. In an interview with Biznews, co-founder…
Innovative international index fund company Ginsblobal’s South African founder made a very public and as it happens, accurate call back in November 2022. In this interview, we revisit Anthony Ginsberg’s view that the tech wreck was overdone - plus he shares thoughts on what lies ahead for tech stocks, including…
One of the biggest enhanced income funds - the MI-Plan Enhanced Income Fund - has ringfenced about R800 million in assets. In this interview with BizNews, investment strategist Magnus Heystek explains why this portion of the R12-billion fund has been side-pocketed for further investigation - after a challenge with an…
Universities globally, like Harvard, are significantly funded by their alumni, with Harvard’s endowment reaching over $50 billion in 2022 due to philanthropy. In South Africa, however, universities face financial challenges due to substantial government spending cuts and tuition fee increase restrictions. This has led the University of Pretoria (TUKS) to…
OMBA’s Sean Ashton dives into contentious waters here by addressing the naivety that produced “ten lost years” for South African investors overly influenced by home bias. He argues that’s not the only myth needing re-assessment, suggesting that a new investment regime may well have taken hold over the past decade…
One hundred and fifty (150) victims have come forward to report losses of millions of rands - after clicking on a deep-fake ad featuring Elon Musk. This after Advocate Petra van Niekerk blew the whistle in a recent interview with BizNews. She is now representing many of the victims -…
Employment in South Africa’s engineering sector has fallen sharply over the past two decades to half of where it should be. In this interview, Gordon Angus of the employer association SEAFA explains why, putting the blame squarely on idealistic but hugely destructive government regulations which are heavily weighted against entrepreneurs…
The South African National Defence Force (SANDF) has come under fire from opposition parties for what they term ‘reckless’ foreign mission deployments. This follows an incident where two soldiers were killed and three injured by a mortar bomb at their base in the Democratic Republic of Congo (DRC), where they…
After a three-year court battle, the ANC was compelled on Monday to release over 1,300 documents revealing details of actions taken by its three-decade-old cadre deployment system overseen by a communist-style central committee. SA’s economic woes - high and growing unemployment, rising debt, stagnant GDP growth - are a direct…
If the polls are correct, the ANC faces the possibility of losing its majority in South Africa’s national elections on the 29th of May this year. So, what went wrong for Nelson Mandela’s once proud political movement? Businessman and independent political analyst, Moeletsi Mbeki has identified five deadly sins that…
Nobody articulated the rage of millions of South Africans better than Ayanda Allie when she responded to President Cyril Ramaphosa’s recent State of the Nation address. In this interview with BizNews, she describes how the president’s utterances made “something rose up inside me and it was like a fire shot…
21 Feb 2024 5AM
11 min
1360 – 1380
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