A half-mast idea that won’t go away - Nathi Mthethwa’s R22m flag

Loading player...
In some ways it’s the gift that keeps on giving to opposition parties as Arts and Culture Minister Nathi Mthethwa indicates the R22m flag project remains on the table. His counterpart on the opposition bench, Tsepo Mhlongo of the DA, has lambasted Mthethwa in an interview with BizNews for the tone-deaf approach to what he calls a “vanity project”. In response to a parliamentary question asked by Mhlongo, the minister wrote that: “Cabinet’s decision to erect a monumental flag and the review of the project as proposed will be referred to Cabinet for further discussion and final decision. The budget of R22m that was allocated for the monumental flag project over two financial years is within the infrastructure unit of the department.” As a result of the funds already being available, Mthethwa says there is no need for any public participation process to reallocate the funds to any other project. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Jul 2022 9AM English South Africa Investing · Business News

Other recent episodes

Helen Zille on Joburg, coalitions and the price of power

She said she hadn't exchanged a single word with the ANC about a post-election deal. Helen Zille then told Alec Hogg who she thought was talking to them. The DA's Johannesburg mayoral candidate took on Corné Mulder's claim of a backdoor ANC pact and compared Gayton McKenzie's Patriotic Alliance to…
25 Sep 12PM 34 min

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min