Glynnis Breytenbach: On Simelane, Hlophe, Corruption & the GNU

Loading player...
In her first chat with BizNews since the election, Democratic Alliance (DA) Justice spokesperson Glynnis Breytenbach comments on Justice Minister Thembi Simelane’s alleged links to the VBS Bank scandal, saying: “…the issue is that it's untenable for her to continue as the Minister of Justice if there is in fact a matter being investigated against her.” She also gives an update on her party’s legal action to stop former Judge - and MKP MP - John Hlophe from sitting on the Judicial Service Commission (JSC). Meanwhile, she is pressing ahead with the proposed Anti-Corruption Commission Bill - despite President Cyril Ramaphosa signing into law the National Prosecuting Authority Amendment Bill, which makes the Investigating Directorate Against Corruption a permanent entity in the NPA. Breytenbach says the ID is not the “corruption-busting panacea that people want us to believe that it is.” As for the Government of National Unity (GNU) in which she now serves, Breytenbach says the African National Congress (ANC) is no longer “able to ram things through Parliament as they choose”.
4 Sep 2024 11AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min