The ruling African National Congress (ANC) has had a very bad start to the election year. It has been one scandal and controversy after another. BizNews speaks to John Steenhuisen, the leader of the opposition Democratic Alliance (DA) about the big four: ANC Secretary General Fikile Mbalula’s apparent admission that…
The South African Government has enlisted top legal experts for its case against Israel at the International Court of Justice. Their 84-page application argues that they only need to prove some of their accusations against Israel fall under the Genocide Convention to effectively halt its military operations in Gaza. Oral…
This year is a significant one for South Africa as it gears up for the elections, and a key factor that has emerged is the ‘Zuma factor’. This follows the decision of former ANC president Jacob Zuma to support the newly formed Umkhonto we Sizwe party for the 2024 election,…
The dreams of thousands of students have been shattered by corruption in the higher education sector. Much of that has been exposed by the Organisation Undoing Tax Abuse (OUTA). In this interview with BizNews, OUTA's Investigations Manager, Rudie Heyneke speaks about the corruption reports it has issued since 2018; the…
The year ended badly for Julius Malema funder - and alleged cigarette smuggling kingpin - Adriano Mazzotti. His Carnilinx was among a group of tobacco manufacturers that failed in their urgent bid to interdict SARS against installing CCTV cameras at their warehouses. In his reaction, Tax Justice South Africa’s Yusuf Abramjee calls…
In this interview with BizNews, investment strategist Magnus Heystek of Brenthurst Wealth Management speaks about: The poor performance of the Johannesburg Stock Exchange’s (JSE); how the African National Congress (ANC) government is scaring away foreign investment; the likely fall-out from South Africa taking Israel to the International Criminal Court (ICC)…
There is a buzz in Cape Town about the development of the new Cape Winelands Airport near Durbanville with the City Council throwing its weight behind the development. The site for the new Cape Winelands Airport t near Durbanville in the Cape has an interesting history as it was chosen…
Among many wise phrases attributed to Winston Churchill is one where he responded to a critic: “When the facts change, I change my mind. What do you do madam?” ANC veteran and iconic anti-corruption campaigner Mavuso Msimang may have drawn on that advice after being widely criticised for withdrawing a…
Nuclear physicist Dr Kelvin Kemm was so incensed with DA shadow minister Kevin Mileham’s “political propaganda” on BizNews TV last week, he insisted on setting the record straight. This the globally respected engineer does in forceful fashion in this interview where he addresses popular (mis)perceptions about nuclear power being corrupt,…
"Tis the season to be jolly" as the Xmas song goes, but while we stock our fridges to the brim and buy mountains of gifts, there are children in the Eastern Cape of South Africa, who don’t have food. Corene Conradie, the Eastern Cape Coordinator of Gift of the Givers…
One of South Africa’s most successful cricketers, long-time Proteas captain Graeme Smith, has transformed into one of his sport’s leading businessmen. Smith is the League Commissioner of Betway SA20, whose second season kicks off on January 10, after a successful debut at the beginning of 2023. Smith is looking forward…
In 2023, the South African Treasury responded to the outflow of private capital from the country with a regulation change just before the long weekend in May that some commentators labelled as ‘sneaky.’ This raised questions about what this means for South Africans wishing to move money out of the…
The past week’s announcements on Russian wins for the Mossgas plant refurbishment and a proposed 2 500MW nuclear plant follow the template applied by the ANC in the disastrous Kusile and Medupi contracts, where tender documents were massaged to favour Luthuli House’s preferred partner. In this episode of UNDICTATED, shadow…
At the end of 2022, the world was introduced to ChatGPT, which has been a watershed moment for artificial intelligence as it enables millions of regular users to experiment with AI. In just a year, it has changed so much of how we work and search for information on the…
The South African Police Service (SAPS) National Commissioner Sehlahle Fannie Masemola and Eastern Cape Commissioner Nomthetheleli Lillian Mene may have to talk their way out of jail tomorrow (Thursday 14 December). In what could be a landmark case, they have been summonsed to appear in court to explain the failure…
Every day, Ranmore Fund Management’s founder and chief investment officer Sean Peche uses what he learned during many years at the proverbial knee of SA’s greatest money manager, the late Dr Simon Marais. Those lessons include applying a tried and tested process of uncovering value - and working hard to…
Another big name from the business sector has thrown his name in the hat as a presidential candidate for the opposition in South Africa. He is Roger Jardine, the former PRIMEDIA CEO and FirstRand chair. Jardine was also reported to have had discussions with the Democratic Alliance’s John Steenhuisen and…
A profit reverse for Easy Equities’ parent company Purple Group in the financial year to end August set some tongues wagging. But inside the company the response to the numbers was sanguine - CEO Charles Savage explaining here why it’s all going according to plan, with the bottom line picture…
In a story that ranks among the most extraordinary covered by BizNews, Springbok Rugby World Cup 1995 champion and pharmacy group proprietor Hannes Strydom took a massive gamble when hiring renowned forensic investigator Paul O’Sullivan. Strydom sought to establish his innocence amidst serious allegations broadcast by M-Net’s investigative programme Carte…
Close to over 25,000 healthcare workers, allied health specialists, and GPs are appealing to President Cyril Ramaphosa to refer the National Health Insurance (NH) Bill back to Parliament. South African Health Professionals Collaboration (SAHPC) spokesperson Dr Caroline Corbett says they would like it to go back for discussion and active…
7 Dec 2023 7AM
10 min
1440 – 1460
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