Iraj Abedian: ANC, MTN on history’s wrong side - Iran’s Syrian ally Assad flees to Moscow

Loading player...
The weekend’s collapse of a 54-year Syrian dictatorship has dramatically altered Middle Eastern politics - and it is now clear that South Africa’s largest political party and mobile phone operator MTN backed a losing horse. Iranian-born and raised Iraj Abedian provides context on the dramatic collapse of the Assad family’s Syrian dynasty, which for over a decade had been propped up by Tehran and Moscow. The changes have implications for the ANC and MTN, both of whom profited greatly from their links to the Iranian regime and its Syrian ally. Although recently MTN exited Syria, its investment into and 15-year involvement in the dictatorship is sure to carry consequences - as are its continued operations in Iran.
9 Dec 2024 2AM 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