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BizNews Radio

BizNews
1213 episodes   Last Updated: Sep 11, 24
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.

Episodes

Action Society, the former home of crime fighter Ian Cameron, who is now the Chair of the Portfolio Committee on Police in Parliament, is continuing its fight for justice for victims and their families. In this interview with spokesperson Juanita du Preez, she describes how former Police Minister Bheki Cele was an “obstacle” in the fight against crime. Discussing the official crime statistics for between April and June this year when 6 228 people were murdered, she says “…we often say that it's a war zone or a bloodbath and we keep coming back to those. We are suffering to find new synonyms for that, but it is appropriate… I think the legacy of Cele, unfortunately, we will still see for quite a while.” However, the new Police Minister, Senzo Mchunu, “does seem like a better fit”. Du Preez lists the urgent reforms needed not just in law enforcement, but in the justice- and parole systems as well. Praising new Correctional Services Minister Pieter Groenewald for the measures he is taking, she says currently “40% of people out on parole just go out and re-offend…not just stealing an apple or something like that: serious crimes: murder, rape, sexual offenses…It’s just a pause before they can commit the next crime.” Meanwhile, she hails Cameron for bringing “urgency” to his new role.
ME Electmetal, a global mining supply company based in Chile, has acquired the Prima Foundry located in Benoni, South Africa, recognising the country’s potential as an investment destination in the mining sector. Eduardo Munoz, the Group Head of International Business told Biznews in an interview that the acquisition aligns with ME Electmetal’s strategic objectives to expand globally amid the rising demand driven by the electric vehicle revolution and the green economy. This economy will according to Munoz provide the mining industry with new opportunities. Elecmetal, he said was encouraged by South Africa’s drive for investment and the improvement of loadshedding, calling it “encouraging news for a new foreign investor.” He expressed optimism about South Africa’s future and said he was pleased by technical skills the company had found at the Benoni Prima Foundry. Elecmetal was planning to export the Prima’s products globally. Munoz reassured stakeholders that job retention is a priority.
A French multinational company has become embroiled in a third tender controversy, this time to produce “smart driving licence cards” at an inflated cost of R898,597 million - nearly double the budget. In this interview with BizNews Wayne Duvenhage, the CEO of the Organisation Undoing Tax Abuse (OUTA), describes how the findings of its investigation into the tender led to Transport Minister Barbara Creecy’s decision to refer it to the Auditor-General (AG) for further investigstion. The same company recently had its R115-million contract with Airports Company South Africa (ACSA) terminated. And there have been delays in its delivery on a Home Affairs contract. Meanwhile, more whistleblowers are coming forward with inside information on the latest tender awarded to the company. “So the more evidence we gather, the more we'll pass over to the Auditor General. Hopefully then to the police and what we're actually asking for the authorities and the Minister is don't only cancel this tender, find out who in your department is involved, have disciplinary hearings, fire them if need be and then don't stop there, have them charged for the criminal conduct that they have instituted.”
In this week’s Sunday Show with Neil de Beer, he dissects the coalition battles between the DA and ActionSA leader Herman Mashaba in Gauteng, where Tshwane Mayor Cilliers Brink is becoming “cannon fodder”, and between the FF Plus in the Western Cape where Corné Mulder “is not standing back and has decided to continue removing the DA out of power”. De Beer asks: “..what the hell is going on in the spirit of the GNU. Because everything that is happening on the top shelf is absolutely collapsing on the bottom end…it seems we're going for a full blown war in 2026 between the parties.” De Beer describes how ANC Gauteng Premier Panyaza Lesufi and Vice-President Paul Mashatile are positioning themselves towards the ANC elective conference. “…Lesufi is 100% making himself politically relevant. You can clearly see that Paul Mashatile is dreading either the knock of The Hawks or the people just staying calm so that he can take that seat.” De Beer also speaks about the battle for the soul of the judiciary with Justice Minister Thembi Simelane and former judge John Hlophe in the firing line. And PA Minister Gayton Mckenzie gets a thumbs up from him for his handling of a Parliamentary war-of-words with EFF CIC Julius Malema. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Political scientist and chairman of the SRF, Dr Frans Cronjé, described SA’s post-election choices as taking the high road to prosperity or the Chernobyl Option. Three months on, the outcome most South Africans wanted is becoming ever more firmly entrenched. In this interview with BizNews editor Alec Hogg, Cronjé explains why the GNU is sustainable until at least next year - and identifies two significant obstacles thereafter, which, if surpassed, will define responsible governance for a generation.
In this BizNews interview, market expert David Shapiro breaks down the latest market trends, highlighting the surprising challenges faced by the telecommunications sector and the ongoing strength of luxury brands like Richemont. Shapiro shares key insights on why telecoms are struggling to maintain profits amid intense competition, while luxury goods continue to thrive despite economic turbulence. Discover what this means for investors and the future of these industries.
In Episode Five of the BizNews NewsWrap - a tale of two very different coalitions - Hersov on the GNU; Mayor Brink on Tshwane; plus Universal healthcare in SA IS affordable (Friedland); Political mergers (Zibi); Bringing plunderers to account (Trollip; De Beer); RIP Greg Krumbock; and the week’s news that matters.
Not quite a year and a half into recovery, the Tshwane Metro is again on the brink of descending into chaos. In this interview, Tshwane’s executive mayor, Cilliers Brink, unpacks why this is happening. He says the national leaders of Action SA, specifically its founder/president Herman Mashaba, are imposing their will on the party’s members in the capital city. Action SA, with 19 seats, is currently in coalition with the DA (69), Freedom Front Plus (17) and a few smaller parties in the group governing the 214-member council. Taken to its logical conclusion, Mashaba’s decision to withdraw Action SA from a functional alliance will re-introduce an ANC/EFF “doomsday coalition”. He spoke to BizNews editor Alec Hogg.
Political activist and commentator Phapano Phasha worked on the election communication strategy for MKP after resigning from the African National Congress (ANC), but didn’t join the party. In this interview with BizNews, she says many of the people who have joined MK ”are wounded…are running to the next best thing”. However, it is a “formidable force because unfortunately those who control the politics of this country haven't learned anything. They haven't learned anything from funding the president of the ANC. The ANC is as rotten and as bankrupt as before.” As for the Government of National Unity (GNU), she charges that it’s not “premised on any morality”. On the power held in MKP by former President Jacob Zuma’s daughter Duduzile, she says: “…you cannot touch her, neither can you question her”. As for why Floyd Shivambu left the Economic Freedom Fighters (EFF) to join MKP, she comments: “…he’s just saving his political skin. Whether he will survive, that's another thing”. Ultimately she believes that if capital invested in black talent, “we will see a different type of voter who does not run to a new party every season, but a voter who looks at the philosophy of a party, who looks at the meritocracy; if the party has the right people who can serve”.
In her first chat with BizNews since the election, Democratic Alliance (DA) Justice spokesperson Glynnis Breytenbach comments on Justice Minister Thembi Simelane’s alleged links to the VBS Bank scandal, saying: “…the issue is that it's untenable for her to continue as the Minister of Justice if there is in fact a matter being investigated against her.” She also gives an update on her party’s legal action to stop former Judge - and MKP MP - John Hlophe from sitting on the Judicial Service Commission (JSC). Meanwhile, she is pressing ahead with the proposed Anti-Corruption Commission Bill - despite President Cyril Ramaphosa signing into law the National Prosecuting Authority Amendment Bill, which makes the Investigating Directorate Against Corruption a permanent entity in the NPA. Breytenbach says the ID is not the “corruption-busting panacea that people want us to believe that it is.” As for the Government of National Unity (GNU) in which she now serves, Breytenbach says the African National Congress (ANC) is no longer “able to ram things through Parliament as they choose”.