Эпизоды
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BizNews editor Alec Hogg shares the name (and pic) of South Africa’s youngest ever member of the National Assembly, a 20-year-old who soon joins the tiny percentage of her nation earning over R100 000 a month. He shares what the FT’s Africa editor David Pilling is telling the world about the reason the ANC is battling to decide between a road to prosperity or its Chernobyl option. We’re also reminded of the four policies Kleptocrats have used for thousands of years - eerily similar to what is applied in SA by its ANC elite.
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In his 2017 classic Fate of the Nation, scenario planner Jakkie Cilliers outlined SA’s three possible paths after projecting an ANC drop below 50% of the national vote in Election’24. But even the founder of the Institute of Security Studies was surprised by the extent of the former ruling party’s decline. He reckons it accelerates key decisions that must be taken if a continued slide towards even greater unemployment and the resulting social chaos is to be avoided. He spoke to BizNews editor Alec Hogg.
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ActionSA founder Herman Mashaba, was shocked at the way South Africans voted on May 29, but will not leave the political arena. Instead, the successful entrepreneur and former Joburg Mayor will be doubling down on a dream his nation will abandon race-driven political choices that shaped Election’24. However, the Black Like Me mogul admits to being “very nervous” about the outcome of coalition negotiations, fretting about the ability of the many “dishonest” politicians who’re involved to counter SA’s existential threat of a destructive MK. He spoke to BizNews editor Alec Hogg.
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Boys and now more and more girls all over the world dream of becoming professional footballers, or soccer players as we call it in South Africa. However, for those in the poorer areas of South Africa, this dream can be particularly challenging to achieve. The Ubuntu Football Academy in Cape Town acts as a launch pad for these young talents, offering them the opportunity to develop both as players and as individuals. One of the founders, Casey Prince, spoke to Biznews about the success of their young players from deprived areas of Cape Town, who have become champions not only in South Africa but also across Africa. Notably, one of their players, Munashe Garananga, has progressed to a club in Belgium, while another became an Olympian.Success at Ubuntu Football Academy extends beyond the pitch. Prince is particularly proud of the school's academic achievements and the after-school careers of the boys, which include prestigious positions such as employment at BlackRock. This year, the academy has also started accepting girls, with an under-12 girls team already in place, a program they hope to develop further.
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Electoral system expert Dr. Michael Louis, who is also the founder of The Independent Candidates Association, tells BizNews viewers why a constitutional provision will prevent former President Jacob Zuma’s MK party from sabotaging Parliament. “I think that any boycott plans and things definitely won't work.” He also describes how President Cyril Ramaphosa has won “so much credibility within his last days of this political ambit”. Dr Louis further explains the workings of a Government of National Unity which he hails as “definitely the preferred option”. He also simplifies the complicated process of how the demarcation of seats for the National Assembly gets allocated. He lists the challenges faced by independent candidates in the last election; says the Electoral Act is not constitutional; vows that there will be four ballots in the next election - and that South Africal will have a constituency-based system to “take our power back and nominate our leaders to be more accountable”. - Chris Steyn
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In his regular monthly review, Corion’s David Bacher explains how markets were on edge in May during the run-up to Election Day - and how investors remain nervous as politicians consider the binary choice that will determine the country’s future. He also highlights the awful share price performance of SA’s cell phone giants over the past ten years and explains why huge moves are looming in the prices of all SA assets in the next couple of weeks. Bacher spoke to BizNews editor Alec Hogg.
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The United States fears that “any coalition government” in South Africa would be unstable and might not hold. This is the concern shared by a former diplomat to both South African governments, Dr. Edward Mienie, who is the Executive Director and Professor of Strategic & Security Studies & External Relations at the University of North Georgia in the United States. He stresses that the US needs a “stable” government so that South Africa can serve as a “bulwark” against Chinese and Russian expansionism in Africa - and says if the US lost South Africa as a partner, it would lose its influence in sub-Saharan Africa. “…they cannot afford to lose South Africa to the influence of Russia or China. It's not in the national security interests of the United States at all.” Dr Mienie thinks the “most stable” coalition government would be between the African National Congress (ANC), the Democratic Alliance (DA), and “perhaps” the Inkatha Freedom Party (IFP). However, he warns that the ideological differences between the ANC and the DA “on many fronts’ would take “some nifty negotiations”. Meanwhile, Dr Mienie believes the US should - and will - maintain AGOA with South Africa.
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Patriotic Alliance president Gayton McKenzie believes the business community and global markets are disrespecting the will of SA’s people by pushing the ANC into a partnership with the DA. He argues that this is driven by financial motives and a “Save Ramaphosa” agenda - but it is the wrong path for a country that has sent a clear message that it wants the ANC out of power. McKenzie reckons all non-ANC politicians, including Jacob Zuma’s MK and the EFF, should unite in a single objective of ejecting the ANC from government, which will cut off its corrupt tentacles whose destructive cadre deployment reaches into every corner of the State. He spoke to BizNews editor Alec Hogg.
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Since 1929, the Institute of Race Relations has delivered the facts and provided evidence-based guidance, serving SA as the ultimate ’truth to power” voice. In this interview, CEO John Endres explains why we are at a pivotal moment, and how it happened that the country’s future has been entrusted to a few dozen people - members of the ANC’s ‘collective’ decision making body, its National Executive Committee. Endres explains why the way these worthies jump will directly impact the lives of each South African for many years to come. He spoke to BizNews editor Alec Hogg.
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In typically outspoken style, business activist Rob Hersov airs uncomfortable truths in this interview - warning that the Kremlin-funded MK party poses a massive threat to the rest of South Africa. His forthright advice to the ANC leadership and their still-to-be-confirmed coalition partners is to support KZN’s secession from SA and let the MK-dominated Zulu people determine their own future. Hersov says failure to urgently grasp this reality, or worse, attempting to govern KZN from Pretoria, will raise massive risks for the nation. He spoke to BizNews editor Alec Hogg.
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Popular BizNews Premium columnist RW Johnson has been deeply involved in this year’s Election, working behind the scenes at broadcaster eNCA. Now the dust has settled, he outlines the key consequences - explaining why the ANC will partner with the DA; and an MK/IFP coalition work together to run an increasingly independent KZN. He spoke to BizNews editor Alec Hogg.
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The South African political era has now moved into a radical and separatist State. That is the warning from Neil de Beer, the President of the United Independent Movement (UIM). In this interview with BizNews, De Beer says: “MK, ANC, EFF, PA are no doubt radical parties. They are a radical entity with a radical philosophy of national, Socialistic, and may I call an overextension of capitalised ideology.” De Beer describes “the blood on the floor” at the Indedependent Electoral Commission’s (IEC) Counting Centre after the "Atom bomb of MK", and gives his take on the coalition and power sharing talks currently being held behind the scenes. He dissects various power configurations, including a Government of National Unity of multiple parties like the ANC, the DA, the IFP, the Freedom Front Plus, and the ACDP. He also speaks about last night’s urgently convened Multi-Party Charter meeting which he chaired.
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With results of South Africa’s watershed election now baked in, political scientist Dr Frans Cronje says the country faces a one-off, historic opportunity to catapult ahead. Whether or not it happens depends entirely on which way a badly bruised ANC jumps. The High Road lies in an ANC which opts to embrace a working partnership with the DA, IFP and others. The alternative is what he calls “the Chernobyl option” when it retains political power in the short-term through a coalition with MK and the EFF - but thereby sows the seeds of its own destruction. The SRF chairman spoke to BizNews editor Alec Hogg.
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South Africa is entering a phase of “necessary uncertainty” following the ruling African National Congress’ (ANC) poor performance in the elections and the surge of former President Jacob Zuma’s new MK party. So says Dr Ina Gouws of the Department of Political Studies and Governance at the University of the Free State. “I understand that South Africans are even afraid of what's to come, a bit uncertain of what's to come. But I think it's a necessary phase for the country to go in.” She says it is now up to South Africans to insist on political leaders being mature and pragmatic to make sure that coalitions are stable - and not “a circus like we've seen in many of the local authorities”. Dr Gouws dissects the voting trends - and looks at the implications for the leadership of President Cyril Ramaphosa.
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The Election’24 collapse of a once-impregnable ANC has thrown up numerous options for South Africa - and politicians entrusted by the electorate to turn around a country that has been sliding for over a decade. The longest serving Member of South Africa’s Parliament, Dr Corne’ Mulder of FF+, explains the options being presented to the newly elected lawmakers - and their parties - in the coming fortnight. With apologies to Winston Churchill, never before, in the young democracy, has so much depended on the actions of so few. Dr Mulder spoke to BizNews editor Alec Hogg.
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Among the major stories of Election’24 is a surging Patriotic Alliance, the ten year old political party which will now be sending its first MPs to the National Assembly - and also filling a significant number of seats in provincial parliaments. The PA’s strategist Charles Cilliers speaks to us from the Results Operating Centre in Gauteng, sharing insights into the major features of South Africa’s surprise-filled National and Provincial Elections. He reckons the over-riding conclusion is that this has been a triumph for SA’s young democracy. He spoke to BizNews editor Alec Hogg.
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An “astonishing” performance by former President Jacob Zuma’s MK party means the ruling African National Congress (ANC) might lose its majority in KZN - and fail to reach a national majority. In this interview with BizNews, Ray Hartley of the Brenthurst Foundation says that - with about 13% of votes counted - the ANC is probably going to come in below 50%. “I think the ANC is taking a beating. It's losing hand over fist in KwaZulu-Natal and that's a very populous province. So that's going to play into the national results. It's going to have to improve its position substantially elsewhere to make up for that loss. And I'm not sure that it has the cards to play. I think that it's too much for them to make up given the hammering, the clear hammering they're taking in KZN, to get above 50.” Meanwhile, the opposition Democratic Alliance (DA) is “kind of holding better than many expected”.
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With around a fifth of the votes counted, Free Market Foundation CEO David Ansara offers some early conclusions on South Africa’s historic Election’24. With the ANC set to lose 60 of its 230 seats (of 400 in total), Jacob Zuma’s well funded MK and to a lesser extent the breakout Patriotic Alliance parties disrupting the status quo, the country well on the road to coalition politics. Ansara offers some thoughts on who the partners might be - and explains why Stateproofing is an even more appropriate strategy given the political turbulence which awaits. He spoke to BizNews editor Alec Hogg.
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President Cyril Ramaphosa enacted the NHI law during the election campaign, representing the biggest shake-up in South Africa’s healthcare system since the dawn of democracy. Critics have warned that the scheme is hugely expensive and could fuel corruption, with opposition parties describing it as a "death warrant" for healthcare in South Africa. Group International Director of Sable International, Andrew Rissik, told BizNews that the policy has raised concerns among healthcare workers and those considering retirement, leading many to explore international options for alternative healthcare systems. He noted that South African private healthcare is relatively expensive compared to countries like Portugal and Malta, where supplemented private insurance is more affordable. Rissik also discusses the turbulent years of the investment migration industry, with several European countries clamping down on golden visas, but says there are still options for those looking for a plan B, including the US EB-5 visa, "which is still going strong," and countries like Portugal and Greece, which offer "attractive residency and retirement visas."
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A 21% jump in Special Votes and near trebling of the out-of-country votes provides clear evidence of a surge in interest around Election’24. In this special broadcast, we hear from two Smart Alecs - the Financial Times’s foreign editor Alec Russell and his namesake, BizNews editor Alec Hogg. The FT looks at the global relevance while BizNews looks at the math via data drawn from the 2019 and 2021 election to conclude that surprises aplenty are in store when the results are counted.
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