Steenhuisen on the latest ANC scandals - and SA’s “cowardly” President…

Loading player...
The ruling African National Congress (ANC) has had a very bad start to the election year. It has been one scandal and controversy after another.  BizNews speaks to John Steenhuisen, the leader of the opposition Democratic Alliance (DA) about the big four: ANC Secretary General Fikile Mbalula’s apparent admission that the ANC had lied to cover up the truth about the Nkandla “fire pool” to protect former President Jacob Zuma; the millions being spent on catering on the Presidential jet; Cyril Ramophosa’s “threat” to the poor that social grants are likely to disappear if the ANC loses the election; and the latest allegations of corruption in the higher education sector that could result in radical protest action from desperate students. In a raft of actions, the DA has already laid criminal charges against Higher Education Minister Blade Nzimande. Meanwhile, the party is going after ANC officials and members of Parliament who might have perjured themselves before the courts to protect Zuma. “… this is a very, very serious situation that Fikile Mbulula has now landed the ANC in. And I think he significantly exposed a number of those people who were part of what we knew was an extensive cover up at the time…it's just showing here again that this is a government that cannot be trusted. They cannot tell the truth. They cannot deliver. They're led by a coward who cannot stand up to his own associates, and it's time to vote them out of office - and we will have that chance later this year.” - Chris Steyn
10 Jan 2024 7AM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min