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

BNC#8: Donald Mackay Q&A - The shocking truth about South Africa’s missing billions

Loading player...

Donald MacKay pulls back the curtain on 40 "slush funds" draining billions from South African taxpayers without oversight. From the opaque Black Industrialists Fund to the staggering R43 billion automotive subsidy, MacKay reveals why a Mercedes-Benz costs R300,000 more at home than in Manhattan. Discover how decentralisation, the BRICS alliance, and government-protected monopolies are stifling growth, inflating costs, and leaving the nation’s manufacturing sector vulnerable. It’s time to follow the money - if only we could find it.

8 Apr 9AM English South Africa Investing · Business News

Other recent episodes

Director's Cut - Dr Iraj Abedian: Hormuz stand-off could cost SA more than pain at the petrol pump

Seven months into the Iran war, economist Iraj Abedian tells Alec Hogg that Donald Trump has lost more than the battle for the Strait of Hormuz: he's lost America's standing as the world's dominant power. Abedian explains why the narrow waterway carries a third of global oil, why the mullahs…

22 Jul 11AM 49 min

Pele Collins: From SpaceX to Y-Combinator: Unlocking the giant origami structures of orbit

Pele Collins went from leading the SpaceX parachute engineering team that brought American astronauts safely home to co-founding a Y Combinator-backed deep tech startup, Beyond Reach Labs. In his latest interview with Irakli, the proudly South African engineer reveals how his team is tackling the ultimate pick-and-shovel play for the…

22 Jul 10AM 12 min

BizNews Edge: Dr Iraj Abedian - Where SA fits in the Strait of Hormuz standoff

South Africa's BRICS bet on Iran is about to cost you at the pump. As the Strait of Hormuz standoff drags on, economist Iraj Abedian tells Alec Hogg why a third of the world's oil is stuck behind a 33km bottleneck, why Dubai is now more exposed than Israel, and…

22 Jul 7AM 22 min

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…

22 Jul 5AM 19 min

BN Daybreak: Ramaphosa impeachment risk; Sasol's boom; China's Kimi K3 AI model; Trump tariffs

In today's Daybreak, we unpack the growing impeachment momentum against President Ramaphosa and its potential threat to the government of national unity. We also dive into Sasol's operational rebound, highlighted by Secunda's best production run in five years. Globally, we explore Trump's proposed generic drug tariffs, a chipmaker-led market rally,…

21 Jul 11PM 15 min

All episodes