Gayton McKenzie: The GNU & VAT; AfriForum & America - and the Zuma threat in 2029

Loading player...
In this wide-ranging interview with BizNews, Gayton McKenzie, the Minister of Sports, Arts and Culture, gives behind-the-scenes insights into the stance of political parties on VAT and the postponement of the Budget speech. “We had our biggest test for me since joining the GNU this week…I say we passed that test with flying colours.” However, he calls on all political leaders to “restrain ourselves from beating our chest and then making the GNU look bad”. McKenzie stresses that the GNU is “sacrosanct” to the future of South Africa - and says: “If this GNU fails, I am leaving this country.” He also speaks about his meeting with AfriForum, saying: “What we managed to agree on is one thing: that there's no white genocide”. However, he says the African National Congress (ANC) was “very clumsy” in its handling of the Expropriation with Compensation Bill - and the GNU now has to craft new foreign policy. As for the next national elections, McKenzie warns: “Zuma is the threat for the GNU in 2029….You will see President Zuma in 2029 if the GNU doesn’t stop him."
21 Feb 2025 6AM English South Africa Investing · Business News

Other recent episodes

Fighting to save South Africa’s moral compass: Unashamedly Ethical's Gary Power

Gary Power lifts the lid on corruption, ethical collapse, and the fight to rebuild South Africa from the ground up. In this powerful conversation, the CEO of Unashamedly Ethical shares how his father transformed a major construction business, why integrity is a survival strategy, and how collective action, faith, and…
14 May 6AM 28 min

‘It looked completely real’: Another victim speaks out on alleged FXSI deepfake scam

Another victim has come forward to share her experience of allegedly being scammed by FXSI, a company accused of using sophisticated online tactics and deepfake-style advertising to lure victims into fraudulent investments. In this follow-up interview with BizNews, the victim explains how she first encountered the scheme through social media…
14 May 7AM 19 min

BN Daybreak - Thu 14 May 2026: Trump’s China summit; Viljoen vs. Heystek investment challenge; FXSI scam continues

In today's BizNews Daybreak, we feature President Trump’s high-stakes Beijing summit alongside tech titans Elon Musk and Jensen Huang. We show also analyses a sharp spike in US wholesale inflation and Cisco's major AI-driven restructuring. Piet Viljoen and Magnus Heystek discusses their million-rand investment challenge and South Africa's surprising market…
14 May 12AM 15 min