This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Springboks Sale Controversy: Altvest CEO Proposes Local Ownership

Loading player...

In a time when the sale of the Springboks to foreign investors has sparked outrage, Altvest’s Warren Wheatley suggests a bold alternative—democratizing ownership of South Africa's beloved rugby team. Through private equity for citizens, players, and fans, Wheatley envisions a deal that could preserve national pride while allowing local participation in the Springboks' commercial success.

17 Oct 2024 10AM English South Africa Investing · Business News

Other recent episodes

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…

16 Jul 8AM 34 min

Cops fight crime in private vehicles as their “role models” are arrested: Richard Chelin, Willem Els

In their latest interview with Chris Steyn, Willem Els of the Institute for Security Studies (ISS) and Richard Chelin, an independent governance expert, share details of the war on drugs and crime in South Africa. Describing the struggle of dedicated detectives, Els reveals “for the past three months at one…

16 Jul 10AM 16 min

BizNews Edge: R3.5tn pension fund manager PIC in crisis as FSCA launches Section 135 probe

The PIC's governance crisis has reached the regulator. Hours after suspending CEO Patrick Dlamini and acting CIO August Uys, the board now faces a formal FSCA Section 135 investigation into governance, leadership and transparency at the R3.5 trillion asset manager. DA federal finance chairperson Dr Mark Burke tells Alec Hogg…

16 Jul 8AM 24 min

BN Daybreak: PIC executive exodus; South Africa House shut in London; US interest rate hikes

In today's BizNews Daybreak, US-Iran tensions steady oil and Korean tech stocks slide. Fed Chair Kevin Warsh defends his personal trading, while South Africa's PIC faces a deepening executive exodus. We also unpack more on the DA’s Tony Leon lobbying scandal, the temporary closure of London's SA House, and a…

15 Jul 11PM 15 min

Tony Leon lobbying scandal and the DA civil war with Solly Moeng

In his latest chat with Chris Steyn, political commentator Solly Moeng dissects the widening scandal around Tony Leon's lobbying amid former Democratic Alliance (DA) leader John Steenhuisen’s mission of vengeance and the damaging fall-out for the party. “...what is very clear is that the DA is no longer just walking…

15 Jul 11AM 17 min

All episodes