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South Africa, unspun. Since its launch in 2013, BizNews has covered the issues and asked the questions others tiptoe around. Every week the team led by Alec Hogg sit down with the people who actually move markets and shape policy: CEOs, investors, economists, constitutional lawyers and the politicians brave enough to take a straight question. We cover the JSE, global markets, corporate governance, the rule of law and the political economy that ties it all together. No spin. No jargon. No hour-long preamble. Just sharp conversations with people who know what they’re talking about and are given the space to communicate it properly - with follow-up questions when they don’t. Is South Africa fixable? Where’s the smart money going? Who’s really making the decisions on key issues that impact our lives? Pull up a chair. Join the more than half a million members of a tribe who rely on BizNews. More at biznews.com.
Episodios 150
Berkshire Hold, Vistra Buy, and five SA shares to accumulate – Ricardo week to 13 November
Yesterday was Friday the 13th. The Ricardo portfolios don’t do superstition. We do cash flow. And this week, a lot of that cash went into buying back shares. Greg Abel spent $9.6bn on Berkshire’s own stock, the …
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Yesterday was Friday the 13th. The Ricardo portfolios don’t do superstition. We do cash flow. And this week, a lot of that cash went into buying back shares. Greg Abel spent $9.6bn on Berkshire’s own stock, the clearest signal yet that Buffett’s successor thinks the shares are cheap. Vistra grew core profit by 50%, yet the market prices it as if its signed AI contracts are worth nothing. Reinet and Prosus are both buying their own shares at deep discounts. Plus: what Charles Savage told me about Purple Group’s record year, how HCI is tidying up before the Venus decision, and whether WBHO’s executives earned their R82m share bonus. And a South African surprise: the new Berkshire chairman’s deep relationship with Limpopo.BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE
To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% …
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To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the narrower fight, why he is no fan of the "equity equivalent" escape route he is asking the court to open, and why he believes local ISPs and radio stations are next in line once Starlink's case is settled. He also answered the question critics keep asking about Elon Musk, explained why voters who tell pollsters they dislike BEE keep backing parties that defend it, and weighed whether a regulator defying its own minister could be the last straw for the GNU.Rachel Kolisi takes Falling Forward and her message of financial independence for women to a global stage
Rachel Kolisi has spent the past few months on the road in South Africa with Falling Forward, her book and the documentary that followed. Fourteen events and more than 10,000 people later, she is taking the …
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Rachel Kolisi has spent the past few months on the road in South Africa with Falling Forward, her book and the documentary that followed. Fourteen events and more than 10,000 people later, she is taking the project to London, a move prompted by women who travelled from Europe to attend the South African shows. In an interview with BizNews, she speaks carving out her own identity when brands wanted her at the table as a "two-for-one special," why vulnerability is still judged differently in women and why she will keep preaching financial independence for women until the end of her days. She also names the international women she most admires, with Melinda French Gates at the top of the list. – Linda van TilburgBN Daybreak: Moeng on cushioning the ANC; McKenzie on Swimming SA; Durban 50/50; Huang quits
Political commentator Solly Moeng tells Chris Steyn that voters who shut the ANC out expect ActionSA and the DA not to cushion it over personal grudges: the ANC belongs on the opposition benches. Sports …
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Political commentator Solly Moeng tells Chris Steyn that voters who shut the ANC out expect ActionSA and the DA not to cushion it over personal grudges: the ANC belongs on the opposition benches. Sports Minister Gayton McKenzie calls Swimming South Africa one of the country's worst federations, says the Act gives him no power to disband it, and calls Tatjana Smith's switch to the Netherlands a big loss with a big lesson. Plus Dean Macpherson on MK's KZN slide, Haniff Hoosen's 50/50 Durban, Charles Savage on AI writing all Purple Group's code, and Wall Street after Jensen Huang quits.BN Edge | CEO Charles Savage breaks down “best-ever” results for EasyEquities owner Purple Group
A year ago, Charles Savage made Alec Hogg a list of promises. This week he came back with Purple Group's best numbers yet: profit before tax up 36%, more than R100 billion in client assets, and nearly R17 …
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A year ago, Charles Savage made Alec Hogg a list of promises. This week he came back with Purple Group's best numbers yet: profit before tax up 36%, more than R100 billion in client assets, and nearly R17 billion deposited in a year when markets gave investors far less. So why do some shareholders still want out? Savage made the case that the scale benefits are only starting to show, that his longest-serving clients have grown their wealth faster than Warren Buffett, and that every line of the group's code is now written by AI, without a single job lost. He was also candid about what hasn't worked: a Philippine regulator who still holds the gate, a Kenyan launch that slipped, and crypto dragging on profits. He explained why his own bonus fell in a record year, and gave the advice he'd offer a 16-year-old opening her first account.BN Edge | McKenzie: coalition talks, PA performance, Tatjana defection and the GNU's road to 2029
Gayton McKenzie spoke to Alec Hogg on the morning the ANC's national executive committee sat to decide its coalition path, and he was ready with a prediction: who would run Joburg, Tshwane and Ekurhuleni, and …
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Gayton McKenzie spoke to Alec Hogg on the morning the ANC's national executive committee sat to decide its coalition path, and he was ready with a prediction: who would run Joburg, Tshwane and Ekurhuleni, and which party he believed would be left with nothing. Hours later he was due to sit down alone with DA leader Geordin Hill-Lewis, a meeting he traced back to a favour owed to Rob Hersov and a handshake made before a single vote was cast. The Patriotic Alliance more than doubled its council seats yet lost the Eldorado Park ward where it was born, and McKenzie was candid about why he felt it took silver rather than gold. He named the complacency he blamed for George, the one Northern Cape council he said the PA would rather fight a re-election over than hand to the ANC, and the message he sent his own leaders that morning. He closed by taking aim at Swimming South Africa after Tatjana Smith's switch to the Netherlands.BN Edge | Durban on a knife-edge: Haniff Hoosen unpacks the coalition fight ahead
Before the vote, Haniff Hoosen promised to fix Durban by simply not stealing its money. MK then fell well short of a majority, and the DA's mayoral candidate found himself a coalition deal away from the job, or …
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Before the vote, Haniff Hoosen promised to fix Durban by simply not stealing its money. MK then fell well short of a majority, and the DA's mayoral candidate found himself a coalition deal away from the job, or from losing it. He told Alec Hogg whether he'd step aside if his party's head office handed the mayoralty to someone else, why he rated the race a coin toss, which small parties he believed held the city's future, and what he'd tackle first in a city where the taps still run dry. He also named the Durban wards the DA won for the first time, and the ones that slipped away by a few hundred votes.BN Edge | Macpherson's KZN scorecard: the calls the DA got right, and the misses
A month after telling BizNews that MK would fall short in Durban, Dean Macpherson came back to have his crystal ball checked. MK did fall short, and the DA's KZN chairperson said his party, the ANC and the IFP …
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A month after telling BizNews that MK would fall short in Durban, Dean Macpherson came back to have his crystal ball checked. MK did fall short, and the DA's KZN chairperson said his party, the ANC and the IFP were now just three votes from running eThekwini. But he hadn't forgotten 2021, when small parties promised the DA their support and then handed the mayoralty back to the ANC. He told Alec Hogg how the DA was handling the kingmakers this time, why he believed MK's slide from 45% to about 35% came down to being shut out of the provincial government, what a DA mayor would do in a city with a record budget and 13,000 water leaks, and why he wasn't reading much into reports that Cyril Ramaphosa had cooled on working with the DA.Solly Moeng: “Hardcore” ANC members want an ActionSA-DA coalition - after secret votes…
In his latest interview with Chris Steyn, political commentator Solly Moeng reveals that many “hardcore” ANC members - even ones who have been MPs - voted for ActionSA and the DA in secret so as not to lose …
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In his latest interview with Chris Steyn, political commentator Solly Moeng reveals that many “hardcore” ANC members - even ones who have been MPs - voted for ActionSA and the DA in secret so as not to lose their positions or businesses. He says those people now want a coalition between the Action SA and the DA. “So please, political party leaders, forget your personal grudges. Think about why people came to you and not elsewhere. Now, if you take their vote and you decide I'm going to cushion the ANC because I hate the other guys, that's disrespectful...” Moeng also dissects the bombs being dropped at the Madlanga Commission by tenderpreneur Cat Matlala about former Police Minister Bheki Cele, former Deputy National Commissioner Shadrack Sibiya, special leave Police Minister Senzo Mchunu, as well as the President Cyril Ramaphosa’s nephew by marriage, Tembisa tender don Hangwani Morgan Maumela. “There's a lot of accountability that is still not on the table because people have protection at the highest level and the president is not able to speak from a moral high ground about anything because they can also point fingers at him.” Moeng also comments on an alleged plot by IDAC to target whistle-blower General Nhlanhla Mkhwanazi.BN Daybreak | GHL reflects on LGEs, WSM on Pappas' Howick, ActionSA's Trollip, Ian Cameron
A week after the vote, the arguments had moved from the ballot box to the bargaining table. DA leader Geordin Hill-Lewis told Alec Hogg which results caught even his own party off guard, and who he said was now …
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A week after the vote, the arguments had moved from the ballot box to the bargaining table. DA leader Geordin Hill-Lewis told Alec Hogg which results caught even his own party off guard, and who he said was now voting DA. ActionSA's Athol Trollip explained why his party wouldn't simply hand its gains to the biggest party in Gauteng, and said the next move was the DA's. William Saunderson-Meyer argued the most telling result came from Howick, where Chris Pappas turned a knife-edge win into a bigger majority by doing the basics. Police committee chair Ian Cameron told Chris Steyn what the acting police minister had admitted about 10111, and what nearly 1.8 million abandoned calls meant for people in danger. Reuters closed the show with Wednesday's Wall Street rally and the AI results that sparked it.BN Edge | GHL: coalitions, Cape Town and the DA's road to 2029 — or earlier
A week after his first election as DA leader, Geordin Hill-Lewis had a queue of rivals telling him what to do. Herman Mashaba wanted Helen Zille out of the picture, Corné Mulder warned against any deal with the …
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A week after his first election as DA leader, Geordin Hill-Lewis had a queue of rivals telling him what to do. Herman Mashaba wanted Helen Zille out of the picture, Corné Mulder warned against any deal with the ANC, and Julius Malema's lawyers were threatening Zille with court. Speaking to Alec Hogg on the day the 14-day coalition clock started, Hill-Lewis refused to negotiate through the media, but he set out the range of deals on the table, said what the DA's donors want in return, and explained why he believes the party has broken through its glass ceiling with black voters. He also said an early national election was possible from next May, promised to back Zille "to the hilt" in any court fight with the EFF, and named the tests any new metro government would have to pass.BN Edge | Corporate cash, coalition pressure: WSM on who calls the shots
Seven of eight metros hung, the ANC on under a third of the vote, and less than a fortnight to form governments. William Saunderson-Meyer told Alec Hogg that Cyril Ramaphosa had finally run out of road to kick …
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Seven of eight metros hung, the ANC on under a third of the vote, and less than a fortnight to form governments. William Saunderson-Meyer told Alec Hogg that Cyril Ramaphosa had finally run out of road to kick the can down, and that his choice between the ANC's heart and its head would shape the next decade. He argued the most telling result came not from Johannesburg but from Howick, where Chris Pappas grew the DA's majority in a seat everyone expected him to lose. He weighed the odds of an ANC-DA deal, questioned what corporate South Africa got for its campaign money, and suggested the DA might be better off sitting out bad coalitions until 2029. He also gave a blunt verdict on Gayton McKenzie's PA, and on whether new parties stand a chance.BN Edge | ActionSA's Trollip says it's up to the DA to break coalition standoff
Athol Trollip knows how coalitions end: one made him mayor of Nelson Mandela Bay, another removed him. Speaking to Alec Hogg after ActionSA took dozens of former ANC wards in Gauteng, the party's parliamentary …
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Athol Trollip knows how coalitions end: one made him mayor of Nelson Mandela Bay, another removed him. Speaking to Alec Hogg after ActionSA took dozens of former ANC wards in Gauteng, the party's parliamentary leader argued that the next move belonged to the DA, not ActionSA, and explained why a tidy three-way deal with the DA and the Freedom Front Plus was not the easy answer many expected. He revisited the 2016 Johannesburg negotiations that, in his telling, sit at the root of today's bad blood, pushed back on Tony Leon's and Prince Mashele's readings of the result, and set out what ActionSA wanted in Tshwane, Ekurhuleni and Nelson Mandela Bay. He also explained how a small Karoo town became ActionSA's newest foothold, and why he believed funders who walked away in 2024 would be back.Ian Cameron: 1.8 million citizens abandoned on “stone-age lines of hope”
In his latest interview with Chris Steyn, Ian Cameron, Chair of Parliament's Portfolio Committee on Police, reveals the answer he received from Acting Police Minister Firoz Cachalia on the number of abandoned …
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In his latest interview with Chris Steyn, Ian Cameron, Chair of Parliament's Portfolio Committee on Police, reveals the answer he received from Acting Police Minister Firoz Cachalia on the number of abandoned 10111 calls: almost 1.8 million during the 2025-26 financial year. “That's about 5,000 calls per day. I mean if we really want to try and quantify it and give people an idea of the human impact of that, imagine you've got 5,000 victims calling for help and those calls are abandoned…He (the Minister) then further admits that genuine emergencies go unanswered. He acknowledged that in some cases, people that are literally facing life-threatening situations cannot connect to available operators because of excessive queues, system disconnections, and limited capacity.” Meanwhile, Cameron also expresses grave concern at the lack of progress with analysis of DNA samples from the 12 Ekurhuleni murders. “The response was shocking because the minister actually failed to provide any kind of a clear account... In fact, the reply explicitly says that the information is not readily available. Why not just answer us? So, I must be honest, I'm doubting the forensic process in this case…You can imagine what it feels like to the families of these victims when they hear this type of thing. “BN Daybreak: Mulder on a DA-ANC deal; Zille stays out of talks; Mashaba's terms; Tatjana Smith
Freedom Front Plus leader Corné Mulder says a DA deal with the ANC in Johannesburg would be the highest form of treason, and that his party would pull out everywhere rather than hand the ANC a lifeline. Analyst …
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Freedom Front Plus leader Corné Mulder says a DA deal with the ANC in Johannesburg would be the highest form of treason, and that his party would pull out everywhere rather than hand the ANC a lifeline. Analyst Sean McLaughlin reads the result as a step forward: voters rewarded service delivery and punished councils under administration. Herman Mashaba tells Alec Hogg there is no meeting while Helen Zille or Cilliers Brink is in play, while Zille says she is staying out of the negotiations. Plus Tatjana Smith on swimming for the Netherlands, and a hot-CPI selloff.BN Edge | Mulder: coalitions, the GNU and the case for an early national election
Eight weeks before the vote, Corné Mulder promised Alec Hogg a surprise. His Freedom Front Plus delivered its best result since 1994, but Mulder was more interested in what came next. He set out a three-party …
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Eight weeks before the vote, Corné Mulder promised Alec Hogg a surprise. His Freedom Front Plus delivered its best result since 1994, but Mulder was more interested in what came next. He set out a three-party plan to run Gauteng's metros without the ANC, said it could be wrapped up within a week if a few personality clashes were settled, and drew a hard line: if the DA chose the ANC in Johannesburg, the FF Plus was out everywhere. He then went further, laying out a little-discussed constitutional route that could take South Africans back to the polls well before 2029. Mulder also weighed in on Helen Zille's soft words for Cyril Ramaphosa, ActionSA's township breakthrough, a disappointing night for Gayton McKenzie, and whether the party's Afrikaans name still caps its growth.Sean McLaughlin: View the coalition options in SA's municipalities
In his latest interview with Chris Steyn, Sean McLaughlin, the co-founder of Norsira, takes viewers on a road trip to cities and towns in all the provinces across the country to view the coalition options in a …
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In his latest interview with Chris Steyn, Sean McLaughlin, the co-founder of Norsira, takes viewers on a road trip to cities and towns in all the provinces across the country to view the coalition options in a big range of cities and towns in the wake of last week’s Local Government Elections outcome. He takes viewers through the political party options in each one. “From top to bottom of the country, you're going to see a very wide variety of deals. Some may be pretty formal coalitions where they formalise things in writing. They take a proportional number of seats in the executive and share the seats accordingly. Some may have some sort of loose arrangements where they agree to work together, but only in the case of passing budgets and maybe electing the mayor and key executive decisions. The junior partner perhaps stays in opposition. That's one option. Maybe they agree to service delivery milestones or metrics or whatever the case may be…we're going to see a very broad array of deals.” * Norsira is an independent information provider on SA municipalities.BN Daybreak: Mashaba, Zille weigh in on Joburg standoff - plus Dr Iraj Abedian on the ANC's slide
Coalition talks had barely started, and the two people at the centre of the Joburg question were already telling different stories. Herman Mashaba told Alec Hogg he had phoned DA leader Geordin Hill-Lewis with …
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Coalition talks had barely started, and the two people at the centre of the Joburg question were already telling different stories. Herman Mashaba told Alec Hogg he had phoned DA leader Geordin Hill-Lewis with an offer: he and Helen Zille would both step back, the DA would lead Johannesburg and Ekurhuleni, and ActionSA would keep Tshwane. He said his relationship with Zille could not be repaired. Zille told Alec the bitterness came from one side only, and explained why she found his condition absurd. Economist Iraj Abedian gave his verdict on an ANC down to about 31%, including the two decisions he still credited it for. Former Bosasa COO Angelo Agrizzi told Chris Steyn what a minister had told him about the Bosasa evidence, and what he said he could do about it. Reuters closed the show with Wall Street's Monday rebound and the one chip stock that didn't join it.BN Edge | What next for Joburg? Helen Zille weighs in after LGEs 2026
The DA set out to win Johannesburg, and it did: 91 seats, up from 71, and first place in South Africa's economic heartland. But it fell 45 seats short of a majority, and the two parties that could get Helen …
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The DA set out to win Johannesburg, and it did: 91 seats, up from 71, and first place in South Africa's economic heartland. But it fell 45 seats short of a majority, and the two parties that could get Helen Zille into the mayor's office both came with strings attached. ActionSA's Herman Mashaba had made her candidacy a deal-breaker; the ANC had spent the campaign on the receiving end of her attacks. Zille told Alec Hogg why she found Mashaba's condition absurd, why she was keeping her hands off the talks, and why she read the ANC's response to its worst local result as a sign that South Africa's democracy was maturing. She also looked back three decades to a hostile press conference at the Carlton Centre, explained the whiteboard triangle she once drew in the Drakensberg, and set out the DA's next target: becoming the biggest party in the country.BN Edge | Dr Iraj Abedian: ANC slides in LGEs, Trump's midterm hiding, and SA's missed oil opportunity
While Namibia drilled its way towards an oil boom, South Africa produced court cases. Economist Iraj Abedian told Alec Hogg that the research needed to change that was finished years ago. He revealed the plan …
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While Namibia drilled its way towards an oil boom, South Africa produced court cases. Economist Iraj Abedian told Alec Hogg that the research needed to change that was finished years ago. He revealed the plan he drew up as a ministerial adviser to turn the Northern Cape into a petrochemical hub, and warned why gas under the Orange Basin may not wait for South Africa to make up its mind. He also took on the ANC's slide to around 31%, whether its leaders would ever vote for an early election, the personal feud stalling Joburg's coalition, and the single habit he said linked the ANC's decline to Donald Trump's midterm hiding.BN Edge | What next for Gauteng? Mashaba pieces together the province's coalition puzzle
Herman Mashaba went into the local elections with commentators writing ActionSA off. He came out holding the balance of power in all three Gauteng metros. Speaking to Alec Hogg days after the count, the …
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Herman Mashaba went into the local elections with commentators writing ActionSA off. He came out holding the balance of power in all three Gauteng metros. Speaking to Alec Hogg days after the count, the ActionSA leader revealed the offer he made to DA leader Geordin Hill-Lewis in a private phone call, named the two people whose appointment would end talks before they began, and explained why a DA-ANC pact in Joburg would suit him just fine come 2029. He also set out the price of his support in Tshwane, why he turned down a cabinet post, and what he believes township voters were really saying at the ballot box.Angelo Agrizzi: Protecting politicians. Burning evidence.
If you wonder why State Capture accused are roaming free, watch Chris Steyn’s interview with former BOSASA COO Angelo Agrizzi. Ever since implicating himself when he blew the whistle on corruption at BOSASA, he …
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If you wonder why State Capture accused are roaming free, watch Chris Steyn’s interview with former BOSASA COO Angelo Agrizzi. Ever since implicating himself when he blew the whistle on corruption at BOSASA, he has battled to hold accountable politicians also fingered only to now be told that the evidence has been destroyed. “Apparently it was in a courthouse that was affected by a fire or a flood. It's very sketchy details. Naturally it would be sketchy. I've been asking questions for the last two, three years. Why is nothing happening? I've done countless affidavits. I have written countless statements, sworn statements, under oath. I have given all that information. I can recreate all the evidence that they had. It's there. It's on the Cloud. It's available. Why has no one ever contacted me and asked me to assist in reproducing and giving evidence.” Agrizzi vows to “continue fighting and asking questions about what the South African government is doing about the Zondo Commission recommendations, what is going to happen to Nomvula Mokonyane, Gwede Mantashe, Tabang Makwetla, all the people listed in there…I. will continue. If it means I've got to go on the international platform and start doing it there, then so be it.” Meanwhile, Agrizzi describes his dealings with Advocate Glynnis Breytenbach from her time at the NPA; how corruption destroyed his relationship with Gavin Watson; the death threats to try and stop him from exposing the rot; the possible agenda behind his own arrest - and why he will be fighting the State’s R1,6 billion confiscation order.BN Daybreak: Breytenbach wants IDAC closed; Mpolase on the 'long game'; boots for township rugby
DA chief whip Glynnis Breytenbach, a former senior prosecutor, tells BizNews that IDAC must be closed down - you cannot build a clean unit inside a corrupt NPA - and that the ANC, sitting on 30%, is getting …
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DA chief whip Glynnis Breytenbach, a former senior prosecutor, tells BizNews that IDAC must be closed down - you cannot build a clean unit inside a corrupt NPA - and that the ANC, sitting on 30%, is getting about 20% more than it deserves. She also says South Africa may be the only country with its entire police top structure suspended or arrested, and wants the criminal justice system reset. Political analyst Mzo Mpolase sees no long game, only an ANC still blaming the voter. Plus Lincoln Mali on pre-loved boots for township rugby, and Wall Street's tech bounce.The NdB Sunday Show: Mzo Mpolase - Messy coalitions loom as DA loses its X Factor
In this NdB Sunday Show with Chris Steyn, political analyst Mzo Mpolase, says while the DA has increased its footprint in the Local Government Elections, “it was not enough to give it a mandate of governance …
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In this NdB Sunday Show with Chris Steyn, political analyst Mzo Mpolase, says while the DA has increased its footprint in the Local Government Elections, “it was not enough to give it a mandate of governance. It will still find itself in these messy coalitions”. He says the DA's conduct in the GNU has impacted on voting trends. “They had this X factor, unknown factor to the voter. However, them being in coalition with the ANC has stripped that away from them…The whole notion of the DA getting into power and in coalition with the ANC was to pull back the ANC's worst instincts. But then all of these ANC worst instincts still play out…So now the voter is stuck with this thing that there's not that much differentiation between these two because the DA is actually not that responsive and in fact is walking toe-in-toe with the ANC on so many issues.” With the voting results at 99%, Mpolase also gives his take on the performances of MKP, the EFF, the FF Plus, the PA and the SACP. He examines the futures of all eight Metros and weighs in on how the animosity between the DA and Action SA could impact some of these cities.BN Edge | Glynnis Breytenbach: IDAC, the Hawks, Agrizzi and the ANC's slide
A former head of IDAC in a police cell. A suspended deputy police commissioner denied bail. A whistleblower general lined up to run the Hawks. And an ANC that has slipped to around a third of the vote. Few …
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A former head of IDAC in a police cell. A suspended deputy police commissioner denied bail. A whistleblower general lined up to run the Hawks. And an ANC that has slipped to around a third of the vote. Few people have watched South Africa's criminal justice system unravel from as close up as Glynnis Breytenbach, the former senior prosecutor who is now the DA's chief whip in Parliament. In conversation with Alec Hogg, she said she was "sadly not surprised" by the latest arrests, called the Agrizzi plea deal a travesty, argued IDAC should never have existed and said the acting police minister should simply be appointed. She also set out how long a proper reset of police, prosecutors and courts would take, and who she would like to see behind bars a year from now. Despite all of it, she insisted the country can be fixed.Preloved boots give Eastern Cape township rugby a boost
Across the Eastern Cape, boys and girls run onto rugby fields in their school shoes or a pair of tekkies. Lincoln Mali, founder of the Mzwandile Mali Schools Rugby Champions League, tells BizNews how a visit by …
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Across the Eastern Cape, boys and girls run onto rugby fields in their school shoes or a pair of tekkies. Lincoln Mali, founder of the Mzwandile Mali Schools Rugby Champions League, tells BizNews how a visit by businessman Paul Gardiner to Kwanobuhle township led to Boots for Boys and Girls, a campaign to give pre-loved rugby boots to players who don’t have the right kit. The first collection box was placed at St Andrew’s College in Makhanda, and Mali hopes the drive will spread to other schools beyond the Eastern Cape. His league, which grew out of a tournament he started to honour his father to bring rugby to township schools, now includes 133 schools and is growing to 150 next year. Mali says his main aim is not only to produce rugby players. He wants them to stay at school, get good grades and have families of their own, because rugby gave him “great friendships, a lot of structure, a lot of discipline.”– Linda van TilburgBN Daybreak: Tony Leon on ANC 'life support'; Moeng on Mashaba; Palantir's 96%; Nasdaq correction
Former DA leader Tony Leon tells Alec Hogg the ANC is electorally on life support after this week's local elections, and that thousands of councillors now out of work could make the fight over its next leader …
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Former DA leader Tony Leon tells Alec Hogg the ANC is electorally on life support after this week's local elections, and that thousands of councillors now out of work could make the fight over its next leader very ugly. Solly Moeng says Herman Mashaba must drop the personal angle against Helen Zille and put Johannesburg first, while ActionSA surprises in Tshwane. In a Ricardo portfolio update, Alec asks whether Palantir, with revenue up 96% to more than $2 billion in a quarter, can be worth what the market asks. Plus the Nasdaq's worst day in 19 months.Solly Moeng: Mashaba and Zille, MK's rise, FF Plus, Malema
One day after the Local Government Elections in South Africa, in this interview with Chris Steyn - just after four o'clock and with 43% of the results in - political commentator Solly Moeng says Action SA …
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One day after the Local Government Elections in South Africa, in this interview with Chris Steyn - just after four o'clock and with 43% of the results in - political commentator Solly Moeng says Action SA leader Herman Mashaba and his party leadership need to listen to calls from voters not to go into coalitions with the ANC, but to work with the DA. “They have to find a way to respond to the people of South Africa who are saying we are punishing the ANC…his intentions are good, but I think he needs to take away this personal anger that he has against specifically Zille…they cannot sacrifice the will of the people because of personal feelings…” Moeng also comments on the performance of MKP, the FF, the PA, the EFF and other parties. “At least the people now have spoken. They've said to the ANC, we've trusted you long enough. We're slowly, slowly, slowly pulling the rug from under your feet. And that's the way to do it, slowly, slowly…so that it's not like an overnight thing and then they start blaming, I don't know what else, Jan van Riebeek.” As for US President Donald Trump’s party’s Midterm defeat, Moeng cautions: “...it's not time to celebrate Trump losing. Okay, we can do it. We private people can do it. But I think the people who are running foreign policy must spend more time lobbying…we need to work with America…we need foreign policy that is run by people who are not running around with emotions and old-era, Soviet era ideas about international relations.”BizNews Ricardo Portfolio update: Palantir, Uber, Lesaka, and Exemplar
Four companies BizNews owns reported in the same week, so Alec Hogg went back to his own valuations to see whether they still held. Palantir nearly doubled its revenue and its chief executive declared his …
Notas del episodio
Four companies BizNews owns reported in the same week, so Alec Hogg went back to his own valuations to see whether they still held. Palantir nearly doubled its revenue and its chief executive declared his intent to take "the entire market", yet one number nagged at Alec. Uber delivered a fifth straight quarter of 20%-plus bookings growth while Wall Street priced it as if its best days were behind it. Back home, Lesaka and Exemplar told a different story, and slowing growth forced a harder look at what the Ricardo portfolio was willing to pay. Some numbers went up, some came down, and the pattern said a lot about where growth was coming from.Tony Leon on SA's new political map after the local elections
The ballots were barely a quarter counted when Tony Leon sat down with Alec Hogg, and he had already seen enough. The former DA leader, who helped negotiate the GNU two years ago, explained why a battered ANC …
Notas del episodio
The ballots were barely a quarter counted when Tony Leon sat down with Alec Hogg, and he had already seen enough. The former DA leader, who helped negotiate the GNU two years ago, explained why a battered ANC still had cards to play, but none it could play for free. He laid out the formula he believed the DA should turn back on the ANC in Joburg, warned what a walkout from the GNU could mean for the rand and bonds, and described a party that had shed votes in its own fortresses. He also reflected on 1994, when his party was stuck "in the cracks", and on how far it had climbed since.
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