“Job-shedding” - Steenhuisen explains how ANC’s lack of urgency on Eskom is damaging SA

Loading player...
Last week DA leader John Steenhuisen’s proposed oversight trip to the disastrous Kusile power station was blocked by security guards on the instruction of ANC cabinet member Pravin Gordhan. Kusile was approved in 2007 as an eight-year project slated to cost R80bn. Now, 15 years later, it has cost over R200bn and only two of its six generation units are actually working. In this fascinating interview with Alec Hogg of BizNews, the SA’s Parliamentary Leader of the Opposition shares the back story of the oversight visit that never was, offers some suggestions to his political opponents (hint: Thailand) – and explains what a DA government would be doing about Eskom. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Nov 2022 7AM English South Africa Investing · Business News

Other recent episodes

BNC#8 Piet Viljoen - Survive first, profit later: Why history beats prediction in investing

Piet dismantles the myth of market prediction, arguing that success comes from judgment, discipline, and respect for history. Drawing on timeless lessons, he reveals why human behaviour drives cycles, why diversification and liquidity matter, and why survival beats brilliance. In a world obsessed with forecasts, this approach focuses on resilience,…
20 Mar 5AM 27 min

BNC#8 truth over hype: Magnus on investing, independence, and winning in a tough economy

Magnus built his career on questioning narratives and pursuing truth - first in journalism, then in financial advice. From navigating market volatility to championing global investing, his journey reflects resilience and independence. In a challenging South African economy, his message is clear: think critically, stay global, and never compromise on…
19 Mar 8AM 23 min