CR has no “long game”; the only game is the ANC…

Loading player...
President Cyril Ramaphosa has no “long game” to deal with corruption. The only game is the African National Congress (ANC) held together by corruption - and run like a syndicate.  So says Democratic Alliance’s Shadow Minister of Small Business Development, Jan de Villiers. He speaks to BizNews after the president temporarily suspended - instead of sacked - the Deputy Minister of Small Business Development, and former Transport Minister, Dipuo Peters, after a probe into her misconduct by the Joint Committee on Ethics and Members Interests. He says suspending her for just one month “sends a loud and clear message that he is not serious about doing anything about State Capture or people like her who clearly are very much involved in the abuse of State resources”. De Villiers says it was within Ramaphosa’s power to turn the country around, “but that would have meant not running the ANC like a syndicate”.
5 Mar 2024 6AM English South Africa Investing · Business News

Other recent episodes

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

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min

Mchunu, Mrs Matlala, Maumela, Mudzinganyama - and Meyer…

In their weekly chat, Chris Steyn and political commentator Solly Moeng talk about the second seizure of of electronic devices belonging to Special Leave Police Minister Senzo Mchunu; the arrest of tenderpreneur Cat Matlala’s wife, Tskanane; the rape case against suspended Deputy National Commissioner Shadrack Sibiya; the latest testimony at…
23 Sep 6AM 24 min