In NW, locals barely get micro business look-in as "Chinese Mafia"-funded Bangladeshi, Ethiopians dominate small towns

Loading player...
Conclusions reached in a report into small town business in the North West province should be sending shock waves through South African society. Officially sanctioned, it is authored by NW University's Prof Ronnie Lotriet and supported by the NW Chamber of Business and SA's Department of Economic Development. The report exposes how around two thirds of these unregistered, tax-evading operations are operated by illegal immigrants and allegedly funded by "the Chinese Mafia". In this podcast Prof Lotriet and the NW Chamber's CEO Andre' Coertzen unpack their findings, urging action from central government to force registration as a starting point to address these dens of iniquity. They spoke to BizNews editor Alec Hogg. Learn more about your ad choices. Visit megaphone.fm/adchoices
19 Oct 2021 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak - Wed 22 Apr 2026: Navigating market lions; US-Iran peace paradox; Anthropic’s AI security breach

In today's BizNews Daybreak episode, President Trump indefinitely extends the US-Iran ceasefire at Pakistan's request while maintaining a naval blockade. We cover the security breach of Anthropic’s "Mythos" AI model and Kevin Warsh’s pledge of independence during his Federal Reserve confirmation hearing. Plus, an investing masterclass with Sean Peche explores…
22 Apr 12AM 15 min