De Beer: Corruption “hostages”, “Chameleon” Steenhuisen on the ANC Smartie Box - and Gayton as CR’s “apple-bearer….”

Loading player...
In this week’s episode of the Sunday Show, United Independent Movement (UIM) President Neil de Beer talks about the possibility of the African National Congress (ANC) regaining a majority in 2028 by taking credit for the good work being done in the Government of National Unity (GNU) by ministers, mostly of other parties. However, he also warns the ANC that it risks a “palace revolution” unless it deals with the corruption in its ranks. He referees the latest spat between Democratic Alliance (DA) leader John Steenhuisen and President Cyril Ramaphosa who now has Patriotic Alliance leader Gayton McKenzie jumping to his defence. De Beer talks about the high profile defections of people with “sensitive information” to the MK Party of former President Jacob Zuma, as well as the arrest of his benefactor, the diamond dealer Louis Liebenberg. And he describes the “dismantling” of the Economic Freedom Fighters (EFF) as “the once rising revolutionary replacement of the ANC to something that will just be folding directly into the MK”.
27 Oct 2024 6AM 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