This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

BNIC#2: André de Ruyter’s dream SONA: Renew South Africa's economy, or fall off the fiscal cliff

Loading player...

Speaking at the second BizNews Investment Conference (BNIC#2) in Hermanus, former Eskom CEO André de Ruyter warned that South Africa faces the same collapse conditions as 1989, but said bold leadership could spark renewal. He called for a “fantasy SONA” in 2026: needs-based empowerment, a new Scorpions, fiscal discipline, and market-friendly reforms. With five months to act, he urged Ramaphosa to choose between quiet failure - or a legacy-defining pivot to growth and prosperity.

This BizNews production is brought to you by Brenthurst Wealth. Building wealth and protecting legacies since 2004. Invest Better with Brenthurst: https://www.bwm.co.za/.

12 Sep 2025 10AM English South Africa Investing · Business News

Other recent episodes

Kabelo Khumalo - Inside the Black Market of illegal number plates

A Business Day investigation has pried open South Africa's black market for number plates and found the price of entry close to nothing. In this interview with Irakli, Business Day Deputy Editor Kabelo Khumalo explains how reporters walked out of three Johannesburg establishments with plates after doing just one thing…

3 Jun 7AM 11 min

BN Daybreak - Wed 3 June 2026: US tariffs; SPAR VAT fraud; Illicit number plates; Banking scams

Globally, the US proposes major tariffs, and US-Iran peace talks face friction over the conflict in Lebanon. Locally, a Pretoria SPAR store faces severe tax fraud allegations, a Business Day investigation exposes rampant illicit number plate sales in Johannesburg, and an expert shares crucial tips to combat digital banking fraud…

3 Jun 12AM 14 min

Spar’s VAT scandal: Unpacking the BDO investigation and corporate fallout

Business Day journalist Nompilo Zulu unpacks allegations of VAT fraud and accounting irregularities at Spar’s Bloed Street Tops store, after a BDO due-diligence report flagged unreliable financials, alleged tax underdeclarations and stock-related concerns. Spar strongly disputes the claims, saying the matter relates to one store and follows a failed bid…

2 Jun 10AM 8 min

Bank fraud: Tricks & tips — as SA banks face competition from newcomers… | Deshnee Govender

Losses from digital banking fraud in South Africa are estimated to total at least a billion and a half Rand a year. In this interview with Chris Steyn, Governance, Compliance and Risk Expert Deshnee Govender, shares how the sophisticated modus operandi of bank fraudsters fool customers, and she shares tips…

2 Jun 6AM 17 min

BN Daybreak - Tue 2 June 2026: Trump Agri Tariffs; Nvidia chips; SA grid success; FMD vaccines

In today's BizNews Daybreak: Internationally, President Trump cuts agricultural equipment tariffs, Apple introduces an iPhone bill-splitting feature, and Nvidia debuts a $5 trillion PC AI chip. Locally, Free State’s community grid takeover triumphs, KZN lags behind in foot-and-mouth vaccinations, and analysts unpack the impeachment pressures facing President Ramaphosa.

1 Jun 11PM 15 min

All episodes