The African National Congress (ANC) reacted with anger when their candidate list for the May elections leaked due to what the Independent Electoral Commission (IEC) called an “internal glitch.” An ongoing investigation by the IEC aims to determine how this leak occurred. President Cyril Ramaphosa expressed his concern, stating that…
That is the belief of Mzukisi Makatse, the attorney who first blew the whistle on corruption at the National Lotteries Commission - and lost his job, his car, his house, the hope of marrying the mother of his three children…In this interview with BizNews, he describes how his life imploded…
Independent stock exchange Equity Express, which recently expanded to include bonds and debt notes, has rebranded to I-Ex - The Integrated Exchange - to better reflect its offerings. This interview with founder Anthony Wilmot explores how the independent stock markets have impacted the JSE, formerly a monopoly, and looks at…
Vice-Admiral Mondo Lubese, the head of South Africa’s Navy, recently threatened to sever ties with the arms manufacturer due to its failure to repair the Navy’s vessels. In an interview with Biznews, DA Shadow Minister of Defense, Kobus Marais, called it a bold statement by the Navy chief and expressed…
Activist and author Chuck Stephens of the Desmond Tutu Centre for Leadership sleeps with a loaded gun as he endures years of vengeful persecution since he blew the whistle on corruption in 2011. In this interview with BizNews, he describes what happened after he reported “nefarious activity” in the Community…
CubeSpace, a company that originated from Stellenbosch, has recently secured R47 million in venture capital funding to broaden its operations globally. The South Africa University Technology Fund is among its investors. Mike-Alec Kearney, the founder and CEO of CubeSpace, told Biznews in an interview that their products are endorsed by…
Those who have studied it say conclusions reached in National Treasury’s 600+ page forensic investigation into Eskom are deeply worrying. Including the immediate threat of an even more desperate electricity shortage should a couple of already dysfunctional water treatment plants tip over the edge. The IRR’s chief executive John Endres…
ActionSA leader Herman Mashaba says on-the-ground feedback reflects a very different Election’24 picture to one propagated by incumbents and the media. He points to ActionSA’s double digit vote shares in rural by-elections complementing its widely acknowledged strong position in urban areas, especially Soweto where he reckons the party dominates. Mashaba…
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…
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…
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…
The Multi-Party Charter (MPC), the Radical Economic Transformation (RET) factions and the African National Congress (ANC) are the three “slides” in the election show of 2024. That is according to Neil de Beer of the United Independent Movement (UIM) - a party in the Multi-Party Charter (MPC). In this interview…
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,…
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…
After three years of consultations, The United South Africa Movement (TUSAM) has launched the South African People's Charter and the Charter of Citizens' Obligations. In this interview with BizNews, TUSAM’s Solly Moeng says “this system is built to protect the ANC (African National Congress)”, and that it has to change…
The beleaguered Road Accident Fund (RAF) is losing an estimated R3 billion a year to opportunistic loss of income claims from people who suffered only minor injuries in a motor vehicle accident. In this interview with BizNews, actuary and damages expert Gregory Whittaker shares his research for the Actuarial Society…
Mimecast, a company started by two South Africans is a global leader in cybersecurity specialising in advanced email and collaboration security. After trading on Nasdaq for six years, the company decided to go private in November 2015 in a $5.8 billion deal with Permira. In an interview with Biznews, co-founder…
Innovative international index fund company Ginsblobal’s South African founder made a very public and as it happens, accurate call back in November 2022. In this interview, we revisit Anthony Ginsberg’s view that the tech wreck was overdone - plus he shares thoughts on what lies ahead for tech stocks, including…
One of the biggest enhanced income funds - the MI-Plan Enhanced Income Fund - has ringfenced about R800 million in assets. In this interview with BizNews, investment strategist Magnus Heystek explains why this portion of the R12-billion fund has been side-pocketed for further investigation - after a challenge with an…
Universities globally, like Harvard, are significantly funded by their alumni, with Harvard’s endowment reaching over $50 billion in 2022 due to philanthropy. In South Africa, however, universities face financial challenges due to substantial government spending cuts and tuition fee increase restrictions. This has led the University of Pretoria (TUKS) to…
27 Feb 2024 2AM
19 min
1160 – 1180
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