Avsnitt
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Saturday’s closely watched FF+ leadership election ended up as a no-contest with SA’s longest serving Parliamentarian Dr Corné Mulder appointed its new leader. In this wide-ranging interview Mulder explains how the party which champions minority rights will play its hand in future. While he insists on being responsible, the prospect of a fresh disruptive force in SA politics is obvious. Mulder spoke to BizNews editor Alec Hogg.
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The Social Research Foundation’s latest polling results should send shockwaves through the former ruling political party which has been gambling on populist ideas to get its vote share back above 50%. South African voters have swung the other way, dropping the ANC’s guaranteed support by 13 percentage points from 45% six months ago. A clear majority also want Cyril Ramaphosa to resign and spark another General Election. The SRF’s head of research Gabriel Makin spoke to BizNews editor Alec Hogg.
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Saknas det avsnitt?
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In this BizNews Briefing: the latest SRF poll shows a steep drop in ANC support after Budget debacle and load shedding re-introduction. Freedom Front Plus elects Corné Mulder as its new leader. Gayton McKenzie’s warns of a Jacob Zuma resurgence. Germany shifts to the right after elections. Neil de Beer provides insights on strained US-SA relations. And Prosus acquires Just Eat and Takeaway.com at a savvy discount.
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In this latest edition of the Sunday Show, Neil de Beer slams ESKOM’s farcical explanation for how the country was plunged into Stage 6 Loadshedding overnight. He says the much-maligned former CEO André de Ruyter was right - and warns that the “litany of absolute destruction” continues. De Beer also gives the background to how South Africa narrowly escaping a 2% VAT hike after an hastily convened urgent Cabinet meeting resulted into the unprecedented postponement of the Budget speech that could have taken the country to “revolution”. He speaks of former Police Minister Bheki Cele’s legacy of crime in the wake of the latest statistics - recording 73 murders and 131 rapes every day - and calls for the head of the National Commissioner. De Beer describes how President Cyril Ramaphosa keeps triggering US President Donald Trump - and stresses that the discord between the US and South Africa will not end “until this president of ours comes back to reality”. He also comments on the election of veteran politician Corné Mulder as the new leader of Freedom Front+, and states: “I think the DA is going to sit right up and they're going to have to now understand that the person that was fighting behind the other person is now the person leading that organisation.
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BizNews Rugby insider Rory Steyn unpacks the historic significance of the Calcutta Cup and previews a thrilling weekend of rugby action. From Scotland’s bid for a fifth consecutive win over England to Ireland’s dominance and France’s need for redemption, Steyn provides expert insights and bold predictions. Plus, a look at the Bulls vs Lions URC clash and rising stars to watch. Don’t miss this deep dive into the latest rugby battles!
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In this wide-ranging interview with BizNews, Gayton McKenzie, the Minister of Sports, Arts and Culture, gives behind-the-scenes insights into the stance of political parties on VAT and the postponement of the Budget speech. “We had our biggest test for me since joining the GNU this week…I say we passed that test with flying colours.” However, he calls on all political leaders to “restrain ourselves from beating our chest and then making the GNU look bad”. McKenzie stresses that the GNU is “sacrosanct” to the future of South Africa - and says: “If this GNU fails, I am leaving this country.” He also speaks about his meeting with AfriForum, saying: “What we managed to agree on is one thing: that there's no white genocide”. However, he says the African National Congress (ANC) was “very clumsy” in its handling of the Expropriation with Compensation Bill - and the GNU now has to craft new foreign policy. As for the next national elections, McKenzie warns: “Zuma is the threat for the GNU in 2029….You will see President Zuma in 2029 if the GNU doesn’t stop him."
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For those searching for a golden visa opportunity in Europe, you may have noticed that options are becoming increasingly limited. However, Greece remains a viable choice. In an interview with BizNews, Richard Haller from immigration specialists Sable International stated that Greece offers a residency programme, allowing investors to live in Greece and travel within the Schengen area for 90 days out of every 180 days. To qualify, a property investment of €250,000 in Athens is required in developments rezoned from commercial to residential. Athens is now a more accessible option, as the golden visa for the islands is now €800,000. Haller, who has recently explored potential investment opportunities, identified a development called Moschato Hive, which consists of 110 serviced apartments and is currently under construction. He described it as an ideal investment opportunity in a “vibey suburb with trees and lots of coffee shops.” He encouraged potential investors to act quickly, as options may become limited due to changing regulations and increasing price points.
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South Africa’s budget—or rather, the one that didn’t happen—is the highlight in today’s BizNews Briefing. Bronwyn Nielsen speaks with economist Dawie Roodt, who has covered SA budgets for 40 years, and DA leader John Steenhuisen for their insights. Meanwhile, Alec Hogg reports from the Alliance for Responsible Citizenship in London, featuring interviews with John Endres and Rob Hersov. Plus, global headlines as Donald Trump pursues a Ukraine-Russia peace deal and calls out Volodymyr Zelensky as a dictator.
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In a heated showdown over South Africa’s budget, DA leader John Steenhuisen takes a firm stance against a proposed VAT hike, arguing for a pro-growth, pro-jobs approach. Is this a turning point in coalition politics?
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The process of rapid economic and social renewal is underway, reflected in the worldwide abandoning of a raft of destructive narratives. John Endres, IRR CEO, shares his major takeaways from the ARC conference in London where over 4 000 delegates got a strong dose of this reality. Endres urges Pretoria to urgently smell the coffee. He spoke to BizNews editor Alec Hogg
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In a heated discussion on South Africa’s nuclear energy future, expert Andrew Kenny dismisses claims that the country is strengthening nuclear ties with Iran, calling the notion baseless. He argues that South Africa, having renounced nuclear weapons and maintained transparency, has no nuclear agreements with Iran and is far more advanced in nuclear technology. Kenny also critiques both local and international political rhetoric, highlighting that while South Africa should welcome global bids for nuclear power, the real contenders lie elsewhere—particularly Russia, which he regards as a top-tier nuclear supplier. With political tensions between the US and South Africa playing a role in the narrative, Kenny urges a focus on facts over speculation in shaping the country’s energy future.
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In today’s BizNews Briefing, we discuss the letter from US Congress members urging President Trump to cut diplomatic ties with South Africa and remove it from AGOA. SA Chamber of Commerce (USA) President Neil Diamond weighs in on the implications. We also explore SA’s nuclear energy outlook, the rise of small modular reactors, and key expectations for the SA Budget, including potential VAT changes.
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As tensions between South Africa and the United States reach boiling point, the prospect of losing AGOA benefits and even diplomatic ties looms large. With billions of dollars in trade and thousands of jobs on the line, Neil Diamond, President of the South African Chamber of Commerce in the U.S., breaks down the economic and political stakes in an exclusive BizNews interview. Can diplomatic efforts salvage the relationship before irreversible damage is done?
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Capitalist activist Rob Hersov has been soaking up messages of faith, renewal and conservativism trumpeted at this week’s ARC conference in London. Hersov has also been sharing his perspectives on the ‘real’ SA to many powerful voices at this gathering. He spoke to BizNews editor Alec Hogg.
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In today's BizNews Briefing with Bronwyn Nielsen: South Africa's potential shift to Iran or Russia for nuclear energy stirs US tensions. We hear from political analyst Prince Mashele on South Africa's future, Magnus Heystek sees a rush to move assets offshore from, and our partners at the FT note Tesla's trade war woes with China. XAI's Grok 3 is revealed, tipped as the smartest AI, while M23 rebels gain more ground in DRC. Tune in tomorrow for more on South Africa's 2025 budget speech.
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South Africa's new Expropriation Without Compensation law has been making headlines for the past three weeks. Investment strategist Magnus Heystek of Brenthurst Wealth Management has been polling reaction to statements made by capitalist billionaire Rob Hersov and others. “I'm more inclined to agree with what Rob is saying. If the ANC doesn't change its strategy…we will be left with a hollowed-out economy that cannot provide growth and jobs for a very, very large number of unemployed people.” Heystek’s says 70% of his company’s clients has already externalised most of their assets or liquid assets into other jurisdictions and into other asset classes. “However, we have been extremely, extremely busy with new clients suddenly realising that the positioning that we have taken over the last 10 to 12 years has been accurate…And the instruction from clients is simply: here it is, take it out. No questions, no arguments, just get it out of the country. Now that in itself is a danger. If that is multiplied by a 10 or 100 or 1000 companies who do what we do, that means there's a heck of a lot of money going to leave the country.”
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South Africa’s foreign policy takes center stage in today’s BizNews Briefing. Chief Rabbi Warren Goldstein warns of SA’s ties with Iran, while U.S. ambassador frontrunner Joel Pollak cautions on strained SA-U.S. relations. Neil de Beer discusses the GNU’s power to shift policy, and Eskom faces a billion-rand fraud scandal. Plus, Duduzile Zuma’s latest controversy.
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Former President Jacob Zuma's daughter, Duduzile, has been stirring up controversy again by swearing at MKP SG Floyd Shivambu on social media and then apologising publicly in response to a sternly-worded letter from her father. But in this interview with BizNews, MKP’s real founder Jabulani Khumalo - who was ousted by the Zumas - says the hidden hand behind Duduzile’s outrageous behaviour is none other than Zuma himself. “Zuma gives instructions to Duduzile….When Zuma wants to deal with you, he doesn't deal with you directly… He wants to deal with Shivambu because he doesn't believe that Shivambu is going to do what he wants. Zuma will not tell Shivambu directly. He would want to do a dirty way of doing it…(then) clever Zuma, he goes out and says, no, you must apologise to Shivambu.” Khumalo stresses that he remains a registered member and the founder of MKP. “And that I will prove…very soon before the court that Zuma stole or forged my signature together with his daughter.” As for Zuma’s real agenda, Khumalo says: “He lies and says he wants to unite black people. He's not uniting black people. Instead, is dividing them more and more and killing other parties, black parties for him to get membership and then steal the money and use the money for himself, not for the benefit of the people.”
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United Independent Movement (UIM) President Neil de Beer defies death threats to be back on the Sunday Show with BizNews - and says: “You are not going to silence us. In actual fact, tomorrow I will buy a bigger megaphone.” He goes on to speak about the return of racism to South Africa; the charge of incitement to violence he has laid against Economic Freedom Fighter (EFF) MP Andile Mngxitama; and describes the African National Congress's evolution from Nelson Mandela's reconciliation to Jacob Zuma and Cyril Ramaphosa's “retribution”. As for US President Donald Trump’s retribution against South Africa, De Beer says it is not driven by the land redistribution issue, but by support for Iran, Hamas, Hezbollah and BRICS membership, and calls President Cyril Ramaphosa a “moegoe” if he thinks he can “kick America to touch….let the white Afrikaners that want to leave, leave….and then replace America and the minorities with China”. De Beer also takes a deep dive into the perilous state of the country’s finances - and slams Finance Minister Enoch Godongwana as Treasury is negotiating a new R27 billion loan from the World Bank.
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An expert on Donald Trump, Joburg-born Harvard Law School graduate Joel Pollak, explains why US President could (and should) be SA’s dream Oval Office friend. The frontrunner to become the new US Ambassador to SA, Pollak knows Trump well, having written two books on him and thousands of words about the famously ‘transactional’ leader. In this interview, Pollak explains why, despite a hectic agenda, Trump has been paying attention to SA - offering suggestions to transform antagonism into friendship and unlock an economic turnaround with the potential to create millions of new jobs. He spoke to BizNews editor Alec Hogg.
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