JUAN LERENA, WHISTLEBLOWER ON UNILEVER

Loading player...
Seven years ago, when Juan Lerena encountered things he couldn’t stomach at his employer, Malaysian multinational Sime Darby Hudson Knight, he decided to do something about it. After resigning, Lerena reported the company and Dutch multinational Unilever to the South African competition authorities – and every other regulatory body he could think of. Sime Darby has admitted collusion and paid a fine of R35m. Unilever’s hearing at the Competition Tribunal, originally scheduled for last Friday, began on Monday and is set down to run from 10am to 4pm until Friday (19 July). There’s clearly a great deal at stake for the Dutch company which has invested a fortune in projecting a squeaky clean image. Including the small matter of a potential fine of hundreds of millions of rand.
18 Jul 2019 9AM English South Africa Business News · Investing

Other recent episodes

One Year Into The Two-Pot System: How Much Have South African’s Withdrawn?

Guest - Nzwa Shoniwa, Managing Executive: Sanlam Umbrella Solutions From 1 September 2024 to 31 August 2025, Sanlam Corporate paid out approximately R4 billion across 223 000 emergency-pot claims with R1 billion in tax flowing to SARS. On average, we are paying out about R150 million a month, but when…
11 Sep 2025 10AM 14 min

Discovery Group Delivers 30% Rise In Profits

Guest - Hylton Kallner, CEO of Discovery South Africa and Discovery Bank Discovery has delivered record results, posting a 30% surge in profit and entering a new phase of scaled growth with its two main composites, Discovery South Africa and Vitality. We’re joined by Hylton Kallner, CEO of Discovery South…
11 Sep 2025 9AM 18 min

FirstRand Post 10% Rise In Earnings And An Impressive 20% Return On Equity

Guest – Mary Vilakazi – CEO of FirstRand South Africa’s largest banking group, FirstRand, has posted a 10% rise in earnings and an impressive 20% return on equity – well above peers – despite economic headwinds. In this episode, we speak to Mary Vilakazi, the Group CEO, about what drove…
11 Sep 2025 9AM 16 min

What Tractor Sales Tell Us About The State Of Agriculture In South Africa?

Guest – Thabile Nkunjana, Agricultural Economist Agricultural Machinery Sales indicate that August tractor sales of 700 units were 22% more than the 572 units sold in August last year. There have been welcome reactions from agricultural associations about the increase in machinery sales.
10 Sep 2025 10AM 20 min