David Shapiro on dumping Aspen, turbulent markets and Stellenbosch Mafia

Loading player...
In the country's latest bestseller, author Pieter du Toit tracks the first public mention of "The Stellenbosch Mafia" back to a decade and a half back when David Shapiro used the reference in one of our interviews. But as SA's favourite market commentator used it in a benign, almost admiring way - a far cry from the unlamented ex-Bell Pottinger inspired campaign which painted them as a malignant force of greedy Hoggenheimers. On Rational Radio this week Shapiro offers his perspectives on the Stellenbosch-based billionaires, what is causing renewed volatility in global investment markets - and why long-suffering Aspen shareholders should now dump the stock. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Aug 2019 4AM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min