Markus Jooste, Valumax, Mashatile - R5bn Tambo Springs joins corrupt dots

Loading player...
Birds of a feather tend to flock together. So when News24's Mashatile Unmasked investigation into SA’s deputy president turned up dodgy payments from a company called Valumax Projects, alarm bells started ringing for Francois Nortje. The Port of Gauteng developer explains in this explosive interview how he was courted by Valumax founding director Francois Bekker, whose sole intention was to connect him with former Steinhoff executives who co-own his stinky ANC-backed competitor down the road. Nortje joins the dots and concludes Markus Jooste and his pals are only walking free despite their massive fraud because they’ve paid off ANC bigwigs. And all roads, he says, lead to the proposed R5bn Tambo Springs development. - Alec Hogg
28 Aug 2023 7AM English South Africa Investing · Business News

Other recent episodes

Joburg audit setback exposes R9.5bn bad debt burden

Johannesburg’s financial crisis is deepening, with the Auditor-General revealing R9.5 billion in losses driven largely by electricity theft, water leaks and weak governance. An infrastructure backlog now estimated at R200 billion threatens service delivery in South Africa’s economic powerhouse. Analysts warn that years of poor oversight, mounting debt and a…
5 Jun 5AM 7 min

Ebola outbreak in DRC grabs global attention - perfect storm of war, fear, and disease

John McDermott explores the unfolding Ebola outbreak in eastern Democratic Republic of Congo, unpacking how transmission occurs, why the crisis is spreading, and what makes this strain particularly dangerous. He examines strained health systems, limited aid funding, and the challenge of vaccine development. The discussion situates the outbreak within broader…
4 Jun 7AM 26 min

Athol Trollip: Government’s FMD response is a “national disaster”

Athol Trollip delivers a blistering critique of South Africa’s handling of the foot-and-mouth disease crisis, arguing that government bureaucracy and a state-controlled vaccination strategy are failing farmers and allowing the outbreak to spread. Drawing on decades of farming experience, the ActionSA parliamentary leader says commercial farmers should be empowered to…
4 Jun 4AM 32 min