In NW, locals barely get micro business look-in as "Chinese Mafia"-funded Bangladeshi, Ethiopians dominate small towns

Loading player...
Conclusions reached in a report into small town business in the North West province should be sending shock waves through South African society. Officially sanctioned, it is authored by NW University's Prof Ronnie Lotriet and supported by the NW Chamber of Business and SA's Department of Economic Development. The report exposes how around two thirds of these unregistered, tax-evading operations are operated by illegal immigrants and allegedly funded by "the Chinese Mafia". In this podcast Prof Lotriet and the NW Chamber's CEO Andre' Coertzen unpack their findings, urging action from central government to force registration as a starting point to address these dens of iniquity. They spoke to BizNews editor Alec Hogg. Learn more about your ad choices. Visit megaphone.fm/adchoices
19 Oct 2021 9AM English South Africa Investing · Business News

Other recent episodes

Cityboy is back: his tip to win big in financial services? Trade your soul

A former top-ranked City of London stockbroker has written a manual for winning at business, politics and life. There's just one catch: to follow it, you'd have to think like a psychopath. Geraint Anderson, the man behind the legendary "Cityboy" column, tells BizNews editor Alec Hogg why he built his…
30 Jul 9AM 32 min

R1-billion blended finance programme to transform real estate

In this interview with Chris Steyn, Alessandro Scalco of RMB Sustainable Finance shares the details of a R1 billion Blended Finance Programme to formalise and scale South Africa’s burgeoning affordable rental market. Rand Merchant Bank (RMB) has partnered with INDLU, a property financial technology company that empowers landowners to build,…
30 Jul 6AM 15 min

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min