BN Briefing: Anti-BEE goes global; Cameron survives attack; Mkhwanazi links crime with labour laws
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In today’s BizNews Briefing, The Economist delivers a stinging critique of South Africa’s BEE policies, warning they enrich the few while impoverishing the nation. Generals Maphwanya and Mkhwanazi dominate headlines - one for a controversial trip to Iran during tense US trade negotiations, the other for exposing deep collusion between politicians, unions, and criminals. Meanwhile, parliamentary oversight comes under fire - literally - as Ian Cameron and colleagues are attacked during a SAPS visit. On the business front, DRD Gold posts robust dividends, Naspers veteran Koos Bekker’s lieutenant steps down a billionaire, and AI stocks face a sharp Wall Street correction. The national dialogue also takes heat, this time from a young student leader giving voice to South Africa’s frustrated youth.
