Pre-Election “Plunder’s Spree of Note” - with Wayne Duvenhage

There is a "plunder’s spree of note” by government officials to “make as much money as they can” before next year’s national elections. That is the charge from OUTA’s Wayne Duvenhage who speaks to BizNews after a Special Investigation Unit (SIU) report to Parliament has laid bare a “mind-blowing horror story” of looting that brought South African Airways (SAA) to its knees. Duvenhage says, with Anti-Corruption Week coming up there has been a lot of rhetoric from President Cyril Ramaphosa. However, “it might be some of his lackeys and his cronies and his cabinet ministers or senior people in the political structures that are implicated and that might have to go to jail, which is why we think that there's this reluctance to really get down to doing the hard yards here….He’s very weak, I'm afraid.”
23 Nov 2023 7AM English South Africa Investing · Business News

Other recent episodes

Corion’s Bacher on Feb: World booms but SA falls - same old, same old

Investors who’ve bought a “local is lekker” marketing message by SA asset managers will grind their teeth a little harder after another huge underperformance by the JSE in February. In our weekly review of the past month, Corion’s David Bacher unpacks the key numbers and shares why international stock markets…
4 Mar 12PM 23 min

Beware Cele! Ian Cameron is heading to Parliament

Hero crime fighter Ian Cameron is entering politics. In this interview with BizNews, he speaks about his motivation for joining the Democratic Alliance (DA) and heading to Parliament. He also gives the assurance that he will remain involved in the civil rights work he has done for the past 15…
4 Mar 5AM 8 min

MK party: Spear of Kremlin; Ramaphosa-Putin pact - André Pienaar

André Pienaar is a venture capitalist, CEO, and founder of C5 Capital, a firm with a diverse portfolio spanning the cybersecurity, space, and nuclear power industries. He is also one of the co-founders of the Scorpions, which, according to Pienaar, was one of the most successful law enforcement units. However,…
2 Mar 11AM 36 min

Meet Gen Johan Booysen - bloodied but unbowed ex-cop still fighting SA’s criminals

Having worked his way from a ‘Bobbie on the Beat’ to a SAPS General when it meant something, former KZN Hawks boss Johan Booysen has lived an adventure. With challenges including mass media vilification through a bizarre stitch-up engineered by criminals (and their captured politicians) through to being wrongly arrested…
1 Mar 8AM 25 min