Iraj Abedian: ANC, MTN on history’s wrong side - Iran’s Syrian ally Assad flees to Moscow

Loading player...
The weekend’s collapse of a 54-year Syrian dictatorship has dramatically altered Middle Eastern politics - and it is now clear that South Africa’s largest political party and mobile phone operator MTN backed a losing horse. Iranian-born and raised Iraj Abedian provides context on the dramatic collapse of the Assad family’s Syrian dynasty, which for over a decade had been propped up by Tehran and Moscow. The changes have implications for the ANC and MTN, both of whom profited greatly from their links to the Iranian regime and its Syrian ally. Although recently MTN exited Syria, its investment into and 15-year involvement in the dictatorship is sure to carry consequences - as are its continued operations in Iran.
9 Dec 2024 2AM 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