De Beer: The dark & dirty games of Election ’24…

Loading player...
“…there are people that are rising and there are people that are falling…the dirty games are coming out...It's a nasty campaign, it's a dark campaign, and I predict in the next three days it's going to get worse.” These are the words of Neil de Beer, the President of the United Independent Movement (UIM). In this interview with BizNews, he dissects the current “climb” in popularity of the African National Congress (ANC), the disintegration of the top structure of former President Jacob Zuma’s MK and his daughter Duduzile’s move to secure a “dictatorship”; the secret and not-so-secret coalition talks; and the many parties that are “promising and writing checks in their name that their bodies can't cash”. De Beer warns of the impact of “international influence” on the outcome of the election, saying the party that “carries the most influence from outside will win and will then govern for the next five years with a huge sentiment of 60% influence globally, but 40% from the world masters”.
26 May 2024 9AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min

BN Edge | Donald MacKay unpacks the bureaucratic black hole in SA trade

A tariff investigation in South Africa is meant to take six months. Donald MacKay, whose XA Global Trade Advisors released its latest import duty report this week, told Alec Hogg the average had stretched to 40 months, and that the oldest open case was old enough to start school. He…
23 Oct 7AM 24 min

BizNews Ricardo Portfolio update: Afrimat, Clicks, Chubb, Teledyne

Alec Hogg went into this episode wanting to sell two shares. The rules he built for the Ricardo portfolios talked him out of at least one. In the first of a new run of Premium portfolio updates, he put four fresh sets of results through the same valuation test: Afrimat,…
22 Oct 8AM 41 min