Political scientist RW Johnson exposes obvious parallels between the National Party’s Apartheid project and the ANC’s obsession with racially-based economic policies. Both had disastrous consequences - and required a radical re-think, fuelled by social unrest, before abandonment. The big question is whether Cyril Ramaphosa is able to adopt the radical…
If you live overseas, earn income from South Africa, or reside locally while receiving funds from abroad, navigating taxation can be incredibly complex. William Louw, a tax specialist at Sable International, shared with BizNews that the South African Revenue Service (SARS) is changing its approach—now requiring submissions of returns that…
After 10 months of war, ceasefire talks are on a knife edge in the Middle East, particularly with the heightened possibility of a regional war following the assassination of Hamas’ political leader in Iran. In this interview with BizNews, Israeli diplomat and international lawyer Daniel Taub says there are still…
In his weekly take on political developments, United Independent Movement (UIM) President Neil de Beer slams the “cabal of people now cohorting into a public political party (MK) in Parliament”. He describes Jacob Zuma, Brian Molefe, Andile Mngxitama, Siyabonga Gama, Floyd Shivambu, Dr. John Hlope, Lucky Montana, and Mzwanele Manyi…
The real founder of the MK Party, Jabulani Khumalo, is laying criminal charges against former President Jacob Zuma. In this interview with BizNews, he describes how a discovery during the past week has left him no choice. “So this will be the second case of fraud against President Jacob Zuma…
Last night, the Comrades Marathon Association held an emotion-charged special general meeting in Pietermaritzburg to address widespread concerns among runners. Green number holder Rory Steyn invested R8 000 to attend in person. He reports on what went down at the three-and-a-half-hour SGM with BizNews editor Alec Hogg.
Editor Alec Hogg and the BizNews team provide context on the biggest stories of the past week. Covered this week are the governance mess in the Joburg Metro; board level corruption called out at the Comrades Marathon Association; why shareholders rejected an opportunistic takeover bid for bankrupt Tongaat Hulett -…
It’s five years since massive accounting fraud was exposed at Tongaat Hulett, plunging KZN’s largest industrial group into a death spiral. With little incentive to end their regular income stream, fee-earning “super helpers” have been feasting on the company’s carcass, while bankers delude themselves by charging notional interest on debts…
ActionSA President Herman Mashaba is ready to walk away from a deal with the African National Congress (ANC) in the City of Johannesburg if his party does not get the Speaker’s position in the council. This after the ANC has so far failed to make an announcement following Sunday’s handshake…
The reckless spending of money and the waste and corruption is not going to stop because ActionSA is getting into bed with the African National Congress (ANC). That is the warning of Democratic Alliance (DA) councillor and former Citizen Editor Martin Williams. “There's absolutely no way ActionSA can put a…
The world’s most famous ultra-distance race, KZN’s Comrades Marathon, is hosting an acrimonious battle between runners and the race’s board of directors who are accused of industrial-scale corruption. The catalyst was an allegedly unfair dismissal of admired race manager Ann Ashworth after she exposed blatant skimming by board members of…
Brett Duncan (50), a pioneer for championing offshore share investing for South African retail investors, has passed away. Duncan was a long-time supporter of the BizNews community, having instigated the successful BizNews Share portfolio as a model for Standard Bank Webtrader clients. In this special podcast, BizNews editor Alec Hogg…
Residents of Mamelodi are on the verge of realising a long-held dream: the creation of a skateboard park near the Mamelodi East Police Station. This project owes much to the dedicated efforts of Poelo Mofolo, founder of the Mamelodi Skate Club. Despite hitting a wall in securing a venue for…
After falling short in his campaign to become KZN Premier in Election’24, Christopher Pappas returned to the executive mayorship of the uMngeni municipality. He has wasted no time in raising the pressure to reverse some blatant iniquities which have led to an electricity delivery mess in affluent Hilton. Pappas’s quest…
In his weekly dose of commentary on local, regional and international politics, United Independent Movement (UIM) President Neil de Beer analyses the Freedom Front Plus move to shun the Democratic Alliance (DA) in favour of the African National Congress (ANC) in Oudtshoorn. He describes the FF+’s Corné Mulder as “a…
BizNews Editor Alec Hogg provides context on the big stories. In this episode, there's a special focus on the shock political divorce and what the Namibian oil and gas rush means for South Africa's Western neighbour. Also, there's a tribute to the late Robbie Venter.
Operators of illegal military training camps risk losing everything. This is the warning from Private Security Industry Regulatory Authority (PSiRA) CEO Manabela Chauke. In this interview with BizNews, he says: “…should you be found guilty, you can even have everything forfeited to the State, including the farm that you're using.”…
Top-ranked money manager Sean Peche is revelling in the current volatile stock markets with the turbulence “throwing up innocent bystanders” - stocks that can be nabbed at bargain prices. Among his favourites is a North American beer business run by a group of financially conservative South Africans who learned their…
Corné Mulder shares the reasons why his FF+ broke its longtime alliance with the DA, creating a fresh governing coalition with the ANC in the Western Cape town of Oudtshoorn. Mulder, the longest-serving member of South Africa’s Parliament, argues that in an era where the biggest political party has just…
With many students considering overseas study, Brent Morris, Managing Director of Study Abroad for Sable International, advises parents to prioritise post-graduate study for their children as a more affordable option. In an interview with BizNews, Morris explained that this pathway often leads to higher employment success, as postgraduate students typically…
7 Aug 2024 8AM
15 min
1460 – 1480
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