Mashaba goes after Majozi and Gwamanda

Loading player...
ActionSA leader Herman Mashaba is ready to take legal action over social media posts by political economist Phumlani M Majozi and some other commentators. In this interview with BizNews, he says: “…we will honestly get some of the best lawyers to put them in front of the nation to really give us evidence of the nonsense they are promoting of us as black people to really be corrupt, that we don't have values of hard work.” Mashaba’s party is is also getting ready to bring a motion to get rid of former Johannesburg Mayor turned MMC Kabelo Gwamanda who is currently on special leave following his arrest over allegations of fraud. “I fail to understand why the ANC is actually failing to deal with this Gwamanda, the former mayor. Now they put him as the MMC, someone who actually cheated the poor black people in Soweto.” Furthermore, he says ActionSA is putting pressure on the ANC government to help turn around Johannesburg. He also gives an update on the governance issues in Tshwane where his party now holds the mayoral position. And he hails the return to ActionSA of dozens of formerly disgruntled activists in preparation for the 2026 municipal elections.
30 Oct 2024 7AM English South Africa Investing · Business News

Other recent episodes

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

Boardroom Talk: What to make of yesterday's massive market surge

In this Members Only episode of Boardroom Talk, Alec Hogg unpacks one of the most dramatic 24-hour market reversals in years. After weeks of geopolitical tension driven by the Iran conflict and soaring oil prices, a surprise ceasefire triggered a powerful global rebound — with the JSE leading emerging markets…
9 Apr 11AM 15 min

BNC#8: Anthony Ginsberg Q&A - Inside the $1 trillion deal, US tensions and urgent call to act

Sitting down with Alec Hogg, Anthony Ginsberg discusses South Africa’s economic future, global positioning, and urgent need for pragmatic leadership. From strained US relations and missed trade opportunities to AI disruption and investment potential, the discussion highlights both risk and opportunity. With billions in foreign capital waiting, the message is…
9 Apr 8AM 40 min