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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.

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.

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.

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”.

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.

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."

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 in an interview 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 that of 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." - Linda van Tilburg

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.

We have passed 50 days without load shedding in South Africa, even as the cold of winter begins to bite when electricity demand normally increases. The CEO of the Energy Council, James McKay, told BizNews in an interview that the lack of load shedding is due to a partnership that the government formed with the business sector. While business “is not lifting the spanners” at Eskom, their involvement in capacity mobilisation, strategic planning, and accountability discussions has been instrumental, he said. McKay highlighted a significant shift from previous political resistance to private sector involvement in state-owned enterprises. This collaboration, he said, extends beyond the energy sector, encompassing transport, logistics, crime, and corruption. Progress is being made on a new transport master plan, which is advancing through Cabinet, and efforts are underway to modernise crime monitoring capabilities in South Africa, according to McKay. - Linda van Tilburg

At the halfway mark in the Local v Offshore investment challenge, Magnus Heystek’s foreign holdings have recovered from an appalling start to move into positive territory. Piet Viljoen’s SA-focused portfolio, however, still has a handy lead although is enjoying “a breather” ahead of a potential surge on the Election’24 results. They spoke to BizNews editor Alec Hogg.

After recording just 6 660 votes in the 2019 National election, Patriotic Alliance leader Gayton McKenzie forecasts a massive breakthough in Election’24. The PA leader predicts his party will receive around 1m votes and secure 25 Members of Parliament in the National Assembly. McKenzie believes this will be a watershed with South Africans rejecting the status quo of dominant ANC and DA political parties, punishing both at the polls. He spoke to BizNews editor Alec Hogg.

One of the toughest battles in Election’24 is the Democratic Alliance’s bid to schieve more than 50% of the Western Cape votes - the only province where it currently governs. South Africa’s longest serving member of Paliament, FF+ Chief Whip Dr Corne’ Mulder, believes with his party, the Patriotic Alliance and Action SA poised for good showings on May 29, after the election a coalition will be required to govern the Western Cape. He explains to BizNews editor Alec Hogg why this is a good thing. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

“…there are people that are rising and there are people that are falling…the dirty games are coming out...It's a nasty campaign, it's a dark campaign, and I predict in the next three days it's going to get worse.” These are the words of Neil de Beer, the President of the United Independent Movement (UIM). In this interview with BizNews, he dissects the current “climb” in popularity of the African National Congress (ANC), the disintegration of the top structure of former President Jacob Zuma’s MK and his daughter Duduzile’s move to secure a “dictatorship”; the secret and not-so-secret coalition talks; and the many parties that are “promising and writing checks in their name that their bodies can't cash”. De Beer warns of the impact of “international influence” on the outcome of the election, saying the party that “carries the most influence from outside will win and will then govern for the next five years with a huge sentiment of 60% influence globally, but 40% from the world masters”.

While Jacob Zuma’s recently launched MK Party has drawn a lot of airtime, at the coalface the IFP is confident of continuing a resurgence reflected in its 15-1 winning record against the ANC in post November 2021 by-elections. Leader Velenkosini Hlabisa says another pointer to a superior performance in Election’24 is comparing crowds drawn in election launches at Durban’s Moses Mabhida stadium where his party “took the trophy” with a significantly larger turnout than the other parties. Having planned thoroughly for the 2024 election over many years, and for the first time running campaigns in all nine provinces, the IFP leader is sure that his party is will be the big surprise when the votes are counted. He spoke to BizNews editor Alec Hogg.

Over the past few weeks we’ve highlighted how South Africa is poised for a massive upgrade in the talent occupying its Parliamentary benches. As political competition intensifies with the imminent loss of the ANC’s majority, new faces and new parties are being drawn in. Among them are ActionSA’s Athol Trollip and Pieter Scribante who share insights with BizNews editor Alec Hogg. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

In a Q&A session at the BizNews London Conference, Alec Hogg and Sean Peche discussed investment strategies, focusing on the potential risks and benefits of current tech stocks and the importance of value investing. Peche emphasised the necessity of evaluating a company's intrinsic worth before investing and highlighted opportunities outside the U.S., particularly in undervalued European and emerging market stocks. He also addressed the challenges in forecasting long-term growth, the impact of geopolitical factors on investments, and the importance of avoiding speculative narratives.

In a discussion led by Alec Hogg, GG Alcock and Warren Wheatley addressed South Africa's economic transformation, comparing it to historical periods of rapid wealth creation. They highlighted the burgeoning entrepreneurial spirit within townships, the shift towards digital transactions, and the resilience of informal economies. Challenges such as limited access to capital and formal financial markets were noted, alongside the potential for innovative solutions and structured investments to stimulate growth. The discussion emphasised the untapped potential of informal businesses and the need for supportive infrastructure and financial inclusion to drive substantial economic change.

After a four-year hiatus, South Africa has returned to the prestigious Chelsea Flower Show in London this year. Their exhibition, which showcased the Cape Mountains and South Africa’s biodiversity, featuring proteas and fynbos, won a Gold Medal, ‘Best Exhibit in the Pavilion,’ and ‘Best New Design’ awards. South Africa has participated in the show since 1976, earning 37 gold awards over the years. However, the country’s florists were absent for the past four years due to the COVID-19 pandemic and a decision by the South African National Biodiversity Institute to withdraw from the show. Keith Kirsten, a renowned horticulturist, spoke to BizNews from Chelsea about how head designer Leon Kluge and artist Tristan Woudberg led a group of volunteers to create this year’s spectacular display using 22,000 proteas and fynbos. The project came together with the crucial support of major donors, including the Rupert Nature Foundation and the Grootbos Private Nature Reserve, leading to South Africa’s most significant success ever at the show.

‘China is very much on our radar,’ US economy shows unexpected resilience - Mark Perchtold (OMBA) Mark Perchtold, the founding director of OMBA, a company specialising in using Exchange Traded Funds (ETFs), maintains a positive outlook on China despite geopolitical challenges. In an interview with BizNews, Perchtold attributes his outlook on China to various stimulatory measures, including significant reforms by the Chinese governments to boost China's property market. He believes that geopolitical risks are mitigated by China's extensive bilateral agreements with other regions. Perchtold also emphasised the importance of closely monitoring inflation and the Federal Reserve's response, as easier monetary policies and lower interest rates are crucial for boosting the US economy. He noted that the US economy has shown surprising resilience, with robust employment data despite rising interest rates. Regarding AI investments, Perchtold advises maintaining some exposure but warns against overcommitting

While South Africa grapples with high unemployment rates, a critical shortage of skilled professionals persists. The Department of Home Affairs’ critical skills list, released in October 2023, highlights the acute demand for business managers, project managers, customer service professionals, supply chain experts, and engineers. Traditionally, these roles have required formal degrees. Anne Rutledge, Executive Director of Talent Solutions at Resourgenix told Biznews in an interview that there is a global shift towards skills-based hiring and it is gaining traction in South Africa not only in the tech sector but also in finance, administrative, and entry-level positions.Rutledge explained that the move towards skill-based hiring is driven not only by the shortage of critical skills but also by a new generation of job seekers who may not wish to pursue traditional university education.Rutledge offered suggestions on how organisations can implement skills-based hiring practices to unlock untapped potential and stay attuned to the evolving workforce landscape.

Andrew Middleton, GoSolr CEO, discussed the significant investments from Standard Bank, an international climate-focused investor, and African Rainbow Capital in his solar energy company. He highlighted South Africa's energy crisis, emphasising the potential for solar solutions despite current challenges. Middleton advocates for local investment, community involvement, and improving infrastructure to address the country’s power supply issues. He explained GoSolr's flexible subscription model and its impact on the residential market, stressing the importance of confidence and innovative solutions for sustainable energy and economic growth in South Africa.

During a Q&A session at the BizNews conference in London, Alec Hogg spoke to forensic investigator Paul O’Sullivan on crime in South Africa. O’Sullivan highlighted the dire state of the SAPS police force, unable to handle the crime volume due to poor resource allocation. He shared cases of rampant white-collar crime and emphasized the need for improved police leadership and judicial efficiency to combat the overwhelming criminal activities. Despite the challenges, O’Sullivan remains optimistic about potential improvements in the justice system.

*This content is brought to you by Jaltech On 23 May, Alec Hogg and Jonty Sacks hosted a highly informative webinar aimed at helping investors significantly reduce their tax bills. The session focused on strategies for individuals, companies, and trusts with capital gains tax or income tax obligations, providing insights on how to lower taxable income by up to 187% of their investment value within the current financial year. For more information, click here.

Eskom chairman Mteto Nyati says cynics are wrong to claim it will be back to loadshedding hell after Election’24 on May 29. He reckons SA’s longest loadshedding-free run in years is based on a solid foundation. The mechanical engineer with an impeccable business pedigree explains how SA’s much improved electricity supply is the result of applying sensible management practices, including performance-related incentives for Eskom staff and productive engagement with its shareholder. He confidently predicts the worst of loadshedding is over, with sufficient capacity coming on stream to support future economic growth. Nyati spoke to BizNews editor Alec Hogg.

While media and polling narratives might suggest otherwise, South African elections are won or lost on logistics - the practicality of actually getting voters to the polls and having party faithful there to welcome them. Former DA Leader Mmusi Maimane reminds us of reality in a pre-election interview where the Presidential candidate discloses BOSA’s targets for 2024 - and beyond. He spoke to BizNews editor Alec Hogg. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

In "How to Fix (Unfxck) a Country," economist Dr. Roy Havemann unveils a roadmap to reboot South Africa post-State Capture. Through his exploration of the six fundamental "E's" – Eskom, Education, Environment, Exports, Equality, and Ethics – Havemann offers practical strategies gleaned from global experiences. Drawing from consultations with esteemed entities, he illustrates how nations rebounded from crises, advocating for swift governmental action. This insightful interview with BizNews charts a path for South Africa's transformation into a powerhouse.

In a dynamic Q&A between Alec Hogg and James Lorimer, the shadow minister of Mineral Resources, the discussion spans from Namibia's significant oil finds to South Africa's energy landscape. Lorimer highlights potential job creation and revenue influx from oil and gas, while acknowledging policy hurdles. With insights into fracking, renewable energy, and electoral prospects, the dialogue offers a comprehensive view of energy and politics.

At the BizNews Conference in London, Frans Cronje discussed the ANC's electoral prospects, the influence of Jacob Zuma, and the dynamics between the ANC and EFF. He analysed the ANC's strategic behavior and potential alliances, emphasizing the pragmatic and cautious approach the party often takes. Cronje highlighted the complexities within the ANC and its resistance to extreme leftist policies, suggesting that despite internal and external challenges, a complete collapse of the ANC or South African governance is unlikely. He also addressed the implications for smaller parties and the potential for future political and economic recovery in South Africa.

Political veteran and long-time leader of the Official Opposition, Tony Leon, shares his perspectives on next week’s South African elections. With the Big Vote a week away, Leon judges which the parties campaigns he reckons have been successful - and not. And tells BizNews editor Alec Hogg what will be occupying the minds of the political leaders in the immediate aftermath of May 29.

As the crucial 29 May elections draw near, financial markets are seemingly wagering on the ANC losing its majority and forming a coalition with right-of-centre minor parties. Dawie Roodt, an economist from the Efficient Group, shared with Biznews that the financial markets are already factoring in a favourable outcome, as evidenced by the robust performance of the JSE, bond markets and Rand. Roodt anticipates a potential surge of 20-30% for the JSE, a 200 bips gain for the bond market, and the Rand strengthening to R17 to the US dollar, should the election yield a ‘good outcome’. This scenario involves the ANC’s support falling to around 45% and the formation of a government with political parties ‘slightly to the right’ of the ANC, who would hold Cabinet positions or the role of Speaker. However, Roodt cautions that the new government will face significant economic challenges, including local authorities that are in disarray and will likely request additional funds from the Minister of Finance, the state-owned enterprises that “have been run into the ground” and the national accounts have become unsustainable with debt levels ranging between 75% and 90% of GDP.

Self-made business mogul turned politician Herman Mashaba, is confident Action SA will be the surprise package of South Africa’s 2024 National and Provincial elections. He says hard work over the past three years; a campaign that resonates with all races; and a God-centred approach is set to catapult ActionSA from its excellent debut in 2021 into major player this year. He is aiming high - countering poor poll showings with on-the-ground feedback from the party’s 320 000 activists suggesting  even third place (behind the ANC and DA) would be “a disappointing result”. He spoke to BizNews editor Alec Hogg. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

With only a week to go before the most important election since 1994, many South Africans are still not sure which party to vote for. BizNews asked Dr. Ina Gouws of the Department of Political Studies and Governance at the University of the Free State to give viewers an objective and unbiased overview of the manifestos of five parties that are currently dominating the headlines: the ruling African National Congress (ANC), the opposition Democratic Alliance (DA), the Economic Freedom Fighters (EFF) of Commander-in-Chief Julius Malema, the MK Party of former President Jacob Zuma, and Gayton McKenzie’s Patriotic Alliance (PA). Dr Gouws details how each party wants to tackle the issues that most concern South Africans: crime, corruption, the economy, job creation, and power generation.

At the BizNews Conference in London, GG Alcock captivated the audience with his remarkable life story, transitioning from a mud hut in rural KwaZulu-Natal to becoming a successful entrepreneur. Raised by activist parents in conditions without electricity or running water, Alcock learned resilience and adaptability early on. Despite never attending university, he launched South Africa's pioneering marketing firm targeting the informal economy. Alcock emphasised the untapped potential of this "invisible" sector, illustrating how savvy entrepreneurs can thrive in seemingly chaotic markets. His narrative challenges perceptions, urging businesses to recognise and invest in the vibrant, informal economies driving growth in South Africa.

At the BizNews Conference in London, AltVest Capital Limited CEO Warren Wheatley highlighted the transformative impact of his company on South Africa's informal and SME sectors. Wheatley passionately described how AltVest's innovative platform democratises investment opportunities, allowing everyday South Africans to fund and grow local businesses. Through equity and debt crowdfunding, AltVest bridges the gap between underserved communities and essential capital, fostering economic inclusion and resilience. With successful ventures like Pormat Property Group and Zwani Financial Services, AltVest is redefining financial access and creating sustainable growth across the nation.

In this pre-election interview with BizNews, United Independent Movement (UIM) President Neil de Beer says his party will deal “harshly” with the matter of its youth leader, Devon Hofmeyr, attending a gala fundraiser for former President Jacob Zuma's MK Party. He vows the UIM will not form any alliances with the ruling African National Congress (ANC), the Economic Freedom Fighters (EFF), MK or any cabal. De Beer talks about the fear that MK - on a “massive march” - and the ANC might “become family again” - and that South Africa might have an ANC government again “by hook or by crook”. He speaks frankly about the “rocky affair” of the Multi-Party Charter (MPC), of which his party is a member, but gives the assurance that the MPC is still together - and going into the election “as a team”. He also describes the faultless strategy followed by Patriotic Alliance (PA) leader Gayton McKenzie in the war for the Western Cape. And he warns that the "continual slapping" of smaller parties by bigger parties at the dawn of coalitions, is “dangerous” because “it's a smaller party that's part of a bigger party's probable win of 50 plus one”. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

At the BizNews Conference in London, Sean Peche, the founder of Ranmore, captivated the audience with humour and sharp insights. Sharing his journey from a challenging flight to profound investment strategies, he emphasised the cyclical nature of markets and the importance of recognising value traps. Highlighting opportunities beyond North America, he proposed bold ideas for revitalizing South Africa’s economy through effective turnarounds and harnessing local entrepreneurial spirit. His engaging talk balanced investment wisdom with practical solutions, leaving attendees both entertained and enlightened.

In a gripping keynote at the BizNews Conference in London, renowned forensic investigator and Certified Fraud Examiner Paul O’Sullivan exposed the alarming vulnerabilities of WhatsApp as a tool for intelligence gathering, while painting a bleak picture of South Africa's future. Highlighting rampant corruption, infrastructural decay, and governmental failures, O’Sullivan emphasized the critical importance of the upcoming elections for the country's fate. His speech, laced with anecdotes and stark realities, called for immediate action to avert a looming crisis, urging both local and global stakeholders to recognize and address these pressing issues.

GoSolr CEO Andrew Middleton electrified the audience at the BizNews Conference in London with his optimistic keynote on the transformative power of solar energy. Emphasising South Africa's immense solar potential, Middleton highlighted GoSolr's innovative subscription model, which has made solar energy accessible to thousands of households. He underscored the significant progress made in reducing load shedding and advocated for continued investment and regulatory reforms to accelerate the transition to renewable energy. With a vision of solar in every home, Middleton's message was clear: the future of energy is bright and sustainable.

The new Hate Speech Law could see critics of government policy on social media prosecuted and jailed - if their criticism is deemed to cause emotional or psychological harm to government officials or supporters. This is the warning from Ismail Joosub, the Legal Officer of Constitutional Programmes at The FW De Klerk Foundation, and a candidate MP for ActionSA. “The threat of imprisonment that the Act brings with it for expressing what it deems harmful speech will certainly deter individuals from speaking out about wrongdoing, undermining efforts to combat corruption and protect democratic values.” He says numerous rights in the Constitution - including the right to freedom of speech - are being “significantly violated” by the new law. It is now going to take a direct Constitutional Court challenge to get “this unconstitutional law to be struck down”.

In a riveting keynote address at the BizNews Conference in London, DA Shadow Minister of Mining, James Lorimer MP, unveiled groundbreaking discoveries reshaping the nation's energy landscape. With the revelation of vast gas and oil reservoirs beneath Mpumalanga's soil and offshore along the Orange Basin, South Africa stands at the cusp of an economic revolution. Lorimer's detailed exploration of these finds, from Connecticut's pioneering gas-to-power ventures to Namibia's offshore bonanza, painted a picture of transformative potential. Despite challenges from government legislation and environmental activism, optimism reigns as South Africa eyes a future fueled by its abundant natural resources, poised to uplift its populace and rewrite its economic narrative.

Dr. Frans Cronje, Chair of the Social Research Foundation (SRF), delivered a captivating keynote speech at the BizNews Conference in London, offering a thought-provoking analysis of South Africa's political landscape. Drawing from decades of data and observation, Dr. Cronje outlined a nuanced vision of the country's trajectory, emphasizing shifts in voter demographics, the rise of fringe political ideologies, and the ANC's evolving support base. His insights into potential coalition governments and the role of countervailing forces underscored the complexity and dynamism of South Africa's democratic evolution. Dr. Cronje's address provided a comprehensive framework for understanding the nation's political future, sparking discussions on unity, reform, and governance strategies moving forward.

Nelson Mandela embodied a spirit of reconciliation and was intent on broadening perspectives, which led to a peaceful transition in South Africa from apartheid to a democratic state. Judy Sikuza, the CEO of the Nelson Rhodes Foundation, wants to amplify this spirit as one of the World Economic Forum Young Global Leaders. Sikuza is one of three African leaders selected to drive positive change in the world for the next three years. In an interview with Biznews, Sikuza expressed her desire to use this opportunity to explore how we could collaborate more effectively globally on a variety of issues, including AI and climate change. She also commented on the controversy around the use of Cecil John Rhodes’ name, stating that Mandela saw it as an opportunity to practically express the legacy of reconciliation and reparations, and to redistribute some of the wealth to build the next generation.

As South Africa’s crucial elections on 29 May draw near, political parties are concentrating their campaign efforts in Kwazulu-Natal. The province has been singled out as the bellwether of this year’s elections by Prof Theo Venter, a political analyst from the University of Johannesburg. In an interview with Biznews, Prof Venter noted that the ANC’s performance in Kwazulu-Natal in past elections has been a strong indicator of their national results. Reflecting on the impact of the newly formed umKhonto we Sizwe Party (MKP), he said the MK Party could secure 8% of the vote if the latest Ipsos polls are accurate. Prof Venter anticipates that the Constitutional Court will not permit Zuma to enter Parliament. He believes that Zuma is not interested in being a part of Parliament per se, but rather in influencing it. If Zuma were to sit in the House of Assembly, he would forfeit the benefits and salary of an ex-president. According to Venter, Zuma’s primary objective in this election is not to shape legislation, but to prevent Ramaphosa from assuming the presidency. - Linda van Tilburg

Cyber criminals are masters at triggering human psychological needs - and people with an agreeable personality have a higher chance of being manipulated to share private and sensitive information. That is according to a new study at Stellenbosch University (SU). In this interview with BizNews, system analyst Vian Smit describes the striking correlation between personality types and cybersecurity risk. Smit explains which character traits in agreeable people and extroverts make them good prey for cyber crooks. But he has good news for neurotics whose character traits protect them against scammers. He urges organisations to incorporate human personality types in their counter cyber crime measures. “If we know there is a certain individual that might pose a bigger risk for information loss or information breaches, then I think it would be smart to have a stricter cybersecurity policy applied to such individuals.”

A recent Lancet study reveals that over one billion people worldwide are living with obesity, equating to one in eight individuals. In South Africa, where obesity is likened to a tsunami or epidemic, 43% of adults were overweight in 2022, with a significant portion of women, men, and children with weight-related issues. Professor Carel le Roux, a global authority on obesity and diabetes from South Africa, who is the Chair of Experimental Pathology at University College Dublin, told Biznews in an interview that there has been a shift in treating obesity as a disease rather than a personal failing. Regarding semaglutide drugs for the treatment of obesity, he said they are able to turn back the clock on Type 2 diabetes, but he cautions against viewing them as mere weight loss aids. “You’re going to regain all that weight, probably be worse off after you have stopped the treatment than before you started,” he said. For people with obesity and diabetes, it is a lifelong treatment. Referring to the cost of obesity drug treatment in South Africa, he said the cost of the drugs will fall over time as it happened with HIV treatment.

Two top lawyers who cracked open the Corruption Mafia at Fort Hare University are now fighting for survival - after their own shock arrests. In this interview with BizNews, labour lawyer Bradley Conradie and forensic lawyer Sarah Burger describe the trauma of their Holllywood-style arrests as the “ultimate way” of “dealing” with them - after years of abuse and a failed assassination attempt. They share their despair that years of work - with a success rate of 98 - 99% - has been “undone by design”. Since 2018, the two successfully dismantled various criminal syndicates that had infiltrated the university, including the politically-connected, the Nigerian, local business, staff, and student syndicates. They also facilitated the resignations and dismissals of about 40 employees who were involved in corrupt/unlawful activities and breaches of their employment conditions and other forms of mischief/misconduct. Additionally, they lodged about 20 cases with the HAWKS, to ensure thorough investigations and legal consequences for the perpetrators.  Yet, they were the ones thrown in cells, and now have to fight for their reputations - and their freedom.

Nuclear physicist Dr. Kelvin Kemm of Stratek Global, the company behind the local development of a Small Nuclear Reactor system, aims to be ready to export the reactors in five years’ time. He tells BizNews that there has been interest from places as far afield as Canada, “great interest” from Australia, as well as from parties in the Middle East that want to put small reactors in the desert and on the coastlines. Even the US is “very interested”. So are a number of European countries. Several African countries also want to acquire the Small Modular Reactors (SMRs). Dr Kemm stresses that nuclear power “is incredibly safe” - and “the greenest, cleanest, cheapest, safest power you can get”.

Ahead of his keynote to the BizNews Conference in London, GoSolr CEO and co-founder Andrew Middleton shares some unappreciated good news on South Africa’s energy front. With 75MW in rooftop solar of its initial target 500MW already installed, GoSolr is part of a surge in private sector electricity provision. Middleton agrees with money manager John Biccard who reckons the worst of SA’s load-shedding is behind us - a view which has huge implications for JSE-listed stock prices which continue to discount the very worst on this front. He spoke to Alec Hogg of BizNews. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Lauren Eventhia Bernardo, the founder of the Organic Humanity Movement (OHM) Party, advocates a political system that will remove political parties - and in which only independents will run for public office. In this interview with BizNews, she says that will enable the voter to vote directly for all of their public representatives, including the President of South Africa. "And we believe this will completely transform our country. We also want to implement a mechanism that votes public representatives out if they're not doing their jobs.” She says a vote for a small party is not a wasted vote - and tells voters that South Africa can be on a “completely different trajectory” if those who do not vote decide to go and vote for any party not in the top three.

BizNews editor Alec Hogg drew upon the great investment guru Howard Marks for inspiration in his address this morning to a packed room of Third Age University members in Hermanus. Among the hallmarks of Marks’ approach to investing (and life) is accepting that rational conclusions require ‘deep, complex and convoluted’ thought. Hogg uses this foundation to delve beyond the ‘First Level’ narrative that dominates so much of the South African discourse, using examples from politics, society and business to support his case.

The DA’s shadow minister of labour Michael Bagraim says his party will fight the ANC-driven proposal that will force thousands of South African estate agents to hand over to new owners or close down their businesses. In this vibrant interview with BizNews editor Alec Hogg, Bagraim also discusses suggestions that the party’s weakening in the polls is directly correlated to a refusal to rule out a coalition with the ANC (as a ‘least worst’ option for SA after May 29.) Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

In the monthly update of investment markets, Corion’s David Bacher takes us through the highlights for April where South African equities outperformed - and quarterly results lent fresh volatility to Wall Street’s Magnificent Seven. Bacher explains the reasons for the past month’s performance of various investment markets - and looks ahead to what we can expect in May. He spoke to BizNews editor Alec Hogg.

BizNews will be taking its successful conference format to London on May 15, sharing insights with SA expats a fortnight before the watershed 2024 Election. Among the seven keynote speakers are SA informal market specialists GG Alcock and Warren Wheatley - one a rurally raised white zulu; the other a highly educated chartered accountant - offering a similar tale of a nation with huge potential and abundant hope. They shared a taster of their messages with BizNews editor Alec Hogg, who will be hosting the landmark May 15 event. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

In this powerful interview, Sakeliga’s CEO Piet le Roux unpacks his organisation’s fightback against the ‘third wave’ of BEE typified in efforts to make it compulsory for SA’s 40 000 estate agencies. Despite Pretoria’s growing legislative encroachment, Le Roux is upbeat about South Africa’s future: ‘State-proofing’ is being rapidly adopted by businesses and is laying the foundation for growth in the collective power of businesses to counter a weakening and increasingly ineffective central government.  He told BizNews editor Alec Hogg that the next decade will be turbulent, but is confident the nation will emerge a lot stronger. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

A controversial gas tender awarded to a man who was named 176 times in the Mpati Commission report into malfeasance at the Public Investment Corporation (PIC) should be terminated with immediate effect. That is the call from Kevin Mileham, the Democratic Alliance's (DA’s) Shadow Minister of Mineral Resources and Energy following earlier warnings by his party that Equator Holdings “run, owned, and managed” by Lawrence Mulaudzi does not have the money and technical skills to fulfil the tender requirement of rebuilding PetroSA’s critical gas infrastructure - and is now “shopping around” for potential funders and technical partners for the project. “PetroSA is a failing State-owned entity. And you don't fix that by giving tenders to cronies,” Mileham says. Meanwhile Energy Minister Gwede Mantashe “is very, very quiet about this whole issue” - and is “more interested in campaigning right now than in dealing with the issues in the entities that are under his control”. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

In a wide-ranging, pre-election preview, United Independent Movement (UIM) President Neil de Beer torpedoes rumours of a Multi-Party Charter (MPC) collapse; gives his take on the daggers flying in former President Jacob Zuma’s MK party; and hails Patriotic Alliance (PA) President Gayton McKenzie’s combat strategy, saying the “Green Machine” is moving down to the Cape like an “oil slick” and has left the Democratic Alliance (DA) overwhelmed by the Brown Child Revolution. He discusses a post-election three-faction scenario comprising the MPC, the RET (Radical Economic Transformation), and the African National Congress (ANC). “And the question is, whom of those three are going to have coffee with whom, except I know they already having coffee.” However, De Beer vows that his UIM party would never form a government with the ANC or the Economic Freedom Fighters (EFF). “Then we go it alone. We cannot sit with this country's fiscal, economical enemy.” Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Patriotic Alliance (PA) President Gayton McKenzie has declared all-out war on the Democratic Alliance (DA) after his recent olive branch to the opposition party “expired”. Speaking to BizNews after another two by-election victories, he says:  “It's war. It's full-out war. We are not playing. I extended the olive branch because I do think that the Western Cape will not be best served with the ANC (African National Congress) coming back…And they then answered that by insulting me…” McKenzie says the PA has been winning 80% of the by-elections it has fought, and he doesn’t think the DA will get 35 per cent of the vote in the Western Cape. Meanwhile, he says Economic Freedom Fighter (EFF) leader Julius Malema understands that the upcoming election is a match between the EFF and the PA. “So I'm saying that if you are a white person, it's no longer time to vote for your normal parties… Let's keep Malema out. I'm the only guy that can stand up to that fool. I'm the only one that can stand up to that mafia. South Africa doesn't deserve a guy like Malema.”

South Africa’s mining investment guru Peter Major has come out all guns blazing against Australian BHP’s “opportunistic” bid for Anglo American. In this powerful interview with BizNews editor Alec Hogg, Major calls on SA’s president and mining minister to step in quickly and promise to reverse legislative mistakes which chased away global investors. Doing so, he says, will save Anglo from BHP’s clutches and turbo-charge the country’s moribund mining sector. Major believes it’s easy to fix - but requires humility and realism from Pretoria. Starting with appeals to an alienated global investment community to stop Wall Street desk jockeys killing SA’s 107 year-old Golden Goose.

Wonderbag was a company established in 2008 methods as a solution to South Africa’s energy crisis providing families with a means to continue cooking daily meals during power outages. Resembling a colourful bag reminiscent of a pumpkin, Wonderbag employs ancient heat retention cooking technology, providing employment and income opportunities to entrepreneurs across the developing world. In South Africa, manufacturing is outsourced to 2000 entrepreneurs, primarily women, providing them with vital income. Founder of Wonderbag, Sarah Collins told Biznews in an interview about the business model she pioneered, her high-profile carbon clients including Sasol, Anglo American and Nandos. She also highlighted South Africa’s role in crafting legislation to bolster carbon credit projects.

President Cyril Ramaphosa does not even know where the Guptas are. That is the riposte from  Glynnis Breytenbach, the Democratic Alliance's Shadow Minister of Justice, to the National Prosecuting Authority (NP) calling in the help of the President to try and fast track the extradition from the United Arab Emirates (UAE) of the Guptas. As for the few billion of State Capture loot recovered so far by the NPA, Breytenbach says “it's not even a drop in the ocean of the trillions and trillions and trillions of rands that we were robbed of - and that government officials and cabinet members assisted crooks to steal from us”.  She calls the close to 700 government officials thus far convicted of corruption “petty thieves” - and says “we need to see people at the top of the scale who stole at a breathtaking pace, held to account”. She also gives an update on the proposed establishment of DA-driven Anti Corruption Commission where prosecutors will have “no fear that their work will be undone by a bunch of politicians who don't like being held accountable”.

*This content is brought to you by Jaltech In a recent webinar, BizNews' Alec Hogg and Jaltech's Jonty Sacks dissected the Section 12B solar investment incentive and unveiled Jaltech's latest venture in this arena. Investors were presented with an opportunity, with the potential to recoup up to 90% of their investment within the first year through SARS refunds and cash inflows. The investment was touted for its promise of dependable cash flows over its term, leveraging electricity sales to reputable commercial and industrial energy consumers in South Africa. Attendees gained invaluable insights into a venture poised to redefine solar investment strategies and capitalise on emerging market trends. For more information: https://www.biznews.com/jaltech-solar-investment-taxes.

Australian mining group BHP has launched a R650bn takeover bid for SA’s 107-year-old one-time global giant Anglo American – a company now worth just a quarter of BHP’s value. If successful, the deal would merely be “material” rather than “game-changing” for BHP, which is attracted by its rival’s South American copper mines. A key part of the BHP bid is that Anglo must first unbundle its major South African assets Kumba Iron Ore and Anglo Platinum, which the Aussies don’t want any part of. Veteran asset manager Piet Viljoen explains that this is an opening salvo in what could be a lengthy process. He says the bid illustrates SA’s wealth-destructive political governance, practically reflecting the impact of deteriorating national infrastructure and unfriendly business legislation. He spoke to Alec Hogg of BizNews.

South Africa is a tinderbox waiting for a trigger to explode into violence and destruction. That is the warning from retired General Roland de Vries, the former Deputy Chief of the South African Army. In this interview with BizNews, he shares his in-depth assessment of the threat environment -  and lists the possible trigger events for anarchy in election year. The general warns that the ruling African National Congress  (ANC) government does not  have the capability to protect its citizens adequately – and that it is up to the broader community to protect itself. He also gives his take on coalitions - and expresses concern that "we are going to see political infighting happening as never before and this will cause major political instability in our country". Meanwhile, General De Vries has, over the past seven years, helped over 80 communities develop their own community safety plans to empower themselves.

Leading political scientist RW Johnson explains what led him to investigate a Zuma-supporting, Kremlin-funded media operation - and wonders at Ramaphosa’s inability to accept the reality of Putin’s double play and the ANC’s sharp decline in the polls. Sobering and scary, Johnson’s analysis reinforces the view that SA’s elections on May 29 are shaking up as a make-or-break for the young democracy. He spoke to Alec Hogg of BizNews. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Crime fighter Ian Cameron of the Democratic Alliance (DA) exposes the horrific working conditions in the South African Police Services (SAPS) as yet another member is shot dead on duty with his own gun - this time after the retention cord from the State-issued holster broke. In this interview with BizNews, Cameron reveals a litany of operational issues following the killing: those in the Air Wing helicopter had no proper radio communication with police on the ground; the police drones took over four hours to arrive on the crime scene; most of the cops searching for the police officer’s killer didn’t have torches; there was no Joint Operations Centre or even an operational plan; and the incident commander sent away specialised units because there were “too many people”. Last year (2023), in just three months from July to September, a total of 35 cops were killed - more than 10 a month. Cameron urges South Africans to honour the “large majority” of police officers  “still willing to offer their lives for us at any given moment”. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

It is known that there is invisible gold, which consists of minuscule particles locked inside other minerals in the mine dumps found all over the Johannesburg and Witwatersrand area. What makes Chingwaru’s research noteworthy is that, as a Master’s degree student whose research was upgraded to a PhD, he is the first scholar to calculate that the six billion tons of tailings around the Witwatersrand mines contain up to 460 tons of gold. In an interview with Biznews, Chingwaru said that the tailing dumps in the Johannesburg area are being reprocessed by mining companies, but they are only achieving a 30% recovery rate. He set out to locate the remaining 70% and determine how to safely extract it from the pyrite. Chingwaru’s research has attracted the attention of major mining companies, and he has also received interest from China. Armed with his PhD, he plans to venture overseas to expand his knowledge of mining. However, he intends to return to Africa to promote sustainable mining practices for South Africa and the African continent. Chingwaru is the grandson of the legendary prospector, George Nolan who discovered lithium in Zimbabwe.

During a Q&A session at BNC#6 in Hermanus, BizNews founder Alec Hogg and Mavuso Msimang engaged in a candid discussion covering historical parallels between Brazil and South Africa, education reform, affirmative action, political leadership, and Ubuntu philosophy. Msimang emphasised the need for improved education, accountability in governance, and ethical leadership. Their conversation explored strategies for societal progress amidst challenges, with a call for more effective engagement and reform within political structures.

During a Q&A session at BNC#6 in Hermanus, Peregrine Capital Executive Chairman David Fraser discussed various topics including the hedge fund environment, small-cap investments, and South Africa's state-owned entities. Fraser noted increased hedge fund marketing and traction, particularly with lower volatility and higher returns. He delved into specific investments and challenges facing South Africa, such as load shedding and the future of the JSE. Fraser emphasised a pragmatic approach to investments, seeing potential short-term opportunities in South Africa and long-term potential in tech.

Just as his party is able to use its governance of the Western Cape as a ‘prospectus’ for voters, uMngeni executive mayor Christopher Pappas (32) can point to his own record since taking office in November 2021. And the fluent isiZulu speaker believes it’s a message resonating in a province where there is a growing realisation what you do at the ballot box can make a difference. With support for the ANC collapsing in KZN after the emergence of Jacob Zuma’s MK party, Pappas offers thoughts on the issues which will determine how votes are cast on May 29 - and shares his own message of hope for those in the embattled province. He spoke to Alec Hogg of BizNews. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

South Africa's Police Minister Bheki Cele hurled personal insults at crime fighter-turned-politician Ian Cameron at a heated community meeting in gang-infested Hanover Park this week. Cele went as far as to question Cameron's intelligence. This after Cameron questioned investigations being done poorly and leadership in SAPS being broken while Cele boasts of successful arrests, but without successful convictions. Cameron - who is heading to Parliament for the opposition Democratic Alliance (DA) - says Cele's response proves that he has "no clue about policing". In this interview with BizNews, Cameron also shares a list of names of murder victims he hopes will haunt Cele every time he closes his eyes.

During a Q&A session at BNC#6 in Hermanus, Purple Group CEO Charles Savage and tech guru Stafford Masie teamed up to discuss the potential of Bitcoin as a solution to global financial issues, its adoption trends, and its relationship with other cryptocurrencies. The pair explored regulatory challenges and technological advancements in the crypto space, emphasising the importance of understanding the market before investing. Their conversation touched on Bitcoin's potential role in wealth transfer and the importance of distinguishing between Bitcoin and other tokens. They addressed audience questions regarding investment strategies, legislative risks, and technological innovations in crypto wallets. Ultimately, they underscored the evolving landscape of cryptocurrency investment and its implications for individuals and institutions.

In a Q&A session at BNC#6 in Hermanus, Free Market Foundation CEO David Ansara discussed the intricacies of South Africa's institutional landscape and the challenges of deployment within the government. He emphasised the need for a sensible approach, particularly in light of political interference in economic affairs. Ansara highlighted the importance of private property rights, citing the Free Market Foundation's efforts to distribute title deeds. He warned against corporatism and advocated for a more fragmented approach to governance, drawing lessons from Argentina's experience with statism. Despite complexities, he urges proactive measures to avoid economic turmoil.

During his Q&A session at BNC#6 in Hermanus, Sean Peche emphasised the importance of investing in growing businesses without overpaying, focusing on quality rather than deep value alone. He discussed European banks like ABN Amro and Barclays as attractive investments due to low valuations and dividends. Peche also mentioned his preference for Hong Kong-listed Chinese stocks like Alibaba and Baidu over US-listed ones due to regulatory risks. Despite political uncertainties, he remains focused on fundamentals rather than making investment decisions based on election outcomes.

In a Q&A session at BNC#6 in Hermanus, Alec Hogg and Phil Craig discussed the potential for Cape Independence within South Africa. Craig advocates for a referendum on the matter, emphasising the importance of democracy and self-determination. He addressed concerns about international support, potential economic impacts like the oil and gas discovery, and the necessity for negotiations. Craig also discusses the boundaries and viability of an independent Cape, acknowledging the complexity of the issue. Despite challenges, he remains optimistic about the growing support for Cape Independence.

Every enterprise requires strong foundations and solid processes to succeed. Including politics, as we learn in this interview with DA Federal Council chair Helen Zille, who explains how meritocracy is applied inside SA’s official opposition. Zille also answers questions on the hot topics of the moment, including the impact of Jacob Zuma and MK; preparing for a coalition in national government; the threat of her DA losing its majority in the Western Cape; and the man calling it, Patriotic Alliance President Gayton McKenzie. She spoke to Alec Hogg of BizNews.

The Q&A session at BNC#6 in Hermanus between Alec Hogg and Wayne Duvenage delved into the need for leveraging the constitution and rule of law to hold municipalities accountable for their duties. Duvenage highlighted examples where communities have taken legal action against municipalities to compel them to fulfil their obligations. They discussed the importance of citizen involvement in local politics and the shortcomings of big business in supporting civil society initiatives. Duvenage emphasised the power of collective action in driving change and suggested alternative methods for funding activism. The dialogue also touched on the potential outcomes of upcoming elections, with predictions of decreased support for the ANC and potential growth for smaller parties.

During a Q&A session at BNC#6 in Hermanus, Alec Hogg and GG Alcock discussed the educational backgrounds of successful informal entrepreneurs and the challenges they face in accessing formal financial support. Alcock highlighted the importance of informal learning from family members and peers in entrepreneurship. He emphasised the role of organisations like Altvest in democratising finance and supporting small businesses, especially those led by women. They also discussed the need for transformative policies in housing and local governance to empower informal businesses. Additionally, they explored the rapid digitization of informal economies, with platforms like WhatsApp driving e-commerce growth. Despite challenges, Alcock's insights underscored the resilience and potential of informal entrepreneurs.

Purple Capital's interim results showcase a remarkable turnaround, signalling a shift from startup to long-term player, as CEO Charles Savage explains. Highlighting the scalability of their business, Savage attributes the transformative results to strategic decisions and customer maturation. He emphasizes sustained profitability and resilience, projecting continued positive outcomes. While international expansion remains on the horizon, the focus remains on consolidating their local presence. With a projected annual growth rate of 25%, driven by market forces and customer behaviour, Savage anticipates sustained success. Reflecting on his journey, Savage emphasizes becoming more data-focused and customer-centric, ensuring future growth and confidently navigating challenges. He spoke to BizNews editor Alec Hogg.

South Africans are about to enjoy a massive upgrade in the energy and competence of their lawmakers, with an army of fresh talent injected into Parliament after May 29 ushers in a governing coalition. Among Parly’s debutants who look set to make their mark are activist/broadcaster/entrepreneur Kathy Berman and Prince Zuzifa Buthelezi, son and heir of the late IFP leader. They spoke to BizNews editor Alec Hogg.

During a candid Q&A session at BNC#6 in Hermanus, Corné Mulder discussed the intricate dynamics of upcoming elections, emphasising the potential impact of tactical voting and coalition politics. Mulder scrutinised the ANC's strategies, cautioning against tampering with electoral systems and predicting potential shifts in power dynamics within the party. With insights into party dynamics and potential outcomes, Mulder painted a nuanced picture of the South African political landscape, highlighting the stakes and uncertainties as the nation approaches a critical electoral juncture.

In an enlightening Q&A session at BNC#6 in Hermanus, Magnus Heystek delved into the world of investment strategy. From navigating market uncertainties post-elections to assessing the tech sector's valuation and exploring offshore investment opportunities, Heystek shared valuable insights backed by years of experience. Discover his views on gold investments, India's market potential, and the ongoing challenges of timing markets in a dynamic financial landscape. Gain actionable investment advice and a deeper understanding of risk management from one of South Africa's seasoned wealth managers in this engaging and informative session.

IFP President Velenkosini Hlabisa took the stage at BNC#6 in Hermanus, outlining the party's strategic stance amidst challenges. Highlighting successes in recent elections and governance, Hlabisa addressed concerns about media bias, the Ingonyama Trust, and calls for secession, firmly advocating for unity and effective governance. With a focus on mobilizing voters and exploring post-election scenarios, Hlabisa's session showcased the IFP's proactive approach, resilience, and commitment to driving positive change in South Africa.

Regardless of the outcome of the 29 May 2024 Election, a “federal push is going to be more and more urgent”. So says David Ansara, the CEO of the Free Market Foundation (FMF) . Speaking to BizNews after the launch of the FMF’s campaign for Home Rule, he points out that the capacity of the State has been so fundamentally broken that it's going to take a “very, very long time” to fix. He also calls on the opposition Democratic Alliance (DA) to “recognise its bargaining power” and adopt an “aggresive posture” - in the same way the Economic Freedom Fighters (EFF) would - before entering into a possible coalition. “And the campaign for Home Rule is suggesting that those demands should be aggressive spreading of political power and authority down to the provincial and local level”. As part of the campaign, the FMF has published a paper, ‘Ask Forgiveness, Not Permission: Practical Steps Towards Home Rule in South Africa,’ in which it sets out the legal allowance of a fully-realised federal dispensation.

In his Q&A session at BNC#6 in Hermanus, renowned investor Piet Viljoen shared insights on his nuanced approach to property investment during an engaging discussion with Bronwyn Nielsen. Viljoen emphasised the importance of strategic capital allocation, patience, and emotional control in navigating market cycles. Touching on various topics including ESG investments and activism, Viljoen's pragmatic perspective offered valuable guidance for investors amidst evolving economic landscapes.

In his Q&A session at the BNC#6 conference in Hermanus, Capitec CEO Gerrie Fourie shared insights on optimism, innovation, and South Africa's future, emphasising the importance of mindset, education, and seizing opportunities. He discussed challenges in reducing cash transactions, expanding business banking, and leveraging AI for growth. Reflecting on Capitec's journey, he highlights the pivotal moment when the company's flywheel began to gain momentum, leading to exponential growth and transformative impact.

South Africa grapples with a crisis of gender-based violence, recording some of the world’s highest rates of violence against women and girls. To address the urgent need of sexual assault victims in the Cape, Professor Wolfgang Schöneberg and Dr Edwin Herzog spearheaded a collaboration with a group of stakeholders including the National Prosecuting Authority (NPA). It has resulted in the establishment of the first-of-its-kind Stellenbosch GBV centre in Ida’s Valley, which opened its doors in February. Adv. Bonnie Currie-Gamwo, the Special Director of Public Prosecution: Sexual Offences and a pivotal figure within the GBV Leadership Group, sheds light on the escalating rates of GBV, despite numerous interventions, in an interview with Biznews. She highlights the diverse range of victims, spanning from children as young as six to individuals in their fifties and males, who have found solace and support within the newly opened centre. Currie-Gamwo emphasises the crucial role played by collaborative efforts between the private and state sectors in providing comprehensive care for victims of GBV, expressing her aspirations to replicate this model across South Africa.

Following a weekend marked by harsh criticism from Naspers-owned media outlets and disparaging comments from the DA’s leader, Patriotic Alliance president Gayton McKenzie is advocating for harmony among opposition parties. The influential political figure points to the irony of this discord between opposition political parties whose prime objective should be unseating the ANC on May 29. Undisturbed by the controversy surrounding his efforts to enlist a DA councillor in its razor-thin majority Saldanha council - citing a ‘leaked’ hour-long recorded conversation whose content he firmly stands behind - McKenzie emphasizes the need for opposition leaders to exhibit humility and unite to dethrone the ANC. BizNews’ Alec Hogg sat down with McKenzie for an exclusive insight into his perspective - and the surprise offer of an olive branch to his persecutor-in-chief.

In his Q&A session at the BNC#6 conference in Hermanus, crime fighter and DA MP candidate Ian Cameron reflected on his years fighting violent crime, particularly in South Africa's troubled areas. He emphasised the need for community mobilisation within legal frameworks to combat crime effectively. Cameron anticipated a shift from civil society to political engagement, aiming to influence policy directly. He discussed his potential entry into Parliament and highlighted the importance of accountability in governance. Cameron also addressed issues like illegal firearms, advocating for a comprehensive approach involving both community action and law enforcement reforms.

Cy Jacobs, co-founder of 360NE, offered a deep dive into investment strategies and market insights during the Q&A session at the BNC#6 Conference in Hermanus. Discussing various topics, Jacobs shared his perspectives on companies like Tencent, Yourplay, Prosus, and Naspers in relation to the Chinese market. He also delved into investment opportunities in emerging markets like India and cautioned about the expensive valuation of companies like Discovery. Jacobs highlighted the risks and opportunities in Chinese tech companies, the impact of geopolitical tensions on investments, and the challenges and strategies involved in managing a hedge fund for consistent returns. His insights provided a comprehensive view of navigating global markets amidst geopolitical uncertainties and market dynamics.

The water crisis in South Africa is “like a massive avalanche that is coming down the mountain”.  So says John Endres of the Centre for Risk Analysis. And he warns: “…I do not think that the government at the moment has a way to stem the avalanche”. Endres thinks that the current “urgency” being displayed by the government is “temporary” - and “a reflection of electoral panic”. He discusses concerns that water might become a national security issue ahead of the election. “…it's also relatively easy to disrupt…fiddling with the infrastructure, creating a bit of vandalism, creating a bit of chaos…” Endres says if the African National Congress (ANC) remains in charge after the election, “it needs a change of heart and…a bringing in of the private sector on honest and equitable terms rather than using it as a method of propping up the support levels in the elections”.

Polling results released today by the Social Research Foundation show a continued slide in support for SA’s ruling political party. SRF chairman Dr Frans Cronje says the poll’s conclusions on the impact of Jacob Zuma’s MKP are consistent with what has been reported in other recent polls. The newcomer’s current 13% slice has established it as SA’s third biggest political party behind the ANC and Democratic Alliance (25%). Cronje outlines the possible alternatives for politicians, and by extension all South Africans, in the unlikely event that these figures are held in the next 49 days. He spoke to BizNews editor Alec Hogg.

In a Q&A session at BNC#6 in Hermanus, PA President Gayton McKenzie asserted his leadership ambitions and vision for South Africa in a dynamic exchange. McKenzie emphasised his ambitions to be premier in the Western Cape, highlighting the region's diverse demographics and his commitment to breaking traditional voting patterns. Amid coalition challenges in Knysna, McKenzie critiqued governance and vowed water accessibility for all. With bold promises and sharp criticism, McKenzie sparked debate on race, leadership, and socio-political dynamics in South Africa.

Judges in MK Party/Zuma case against IEC, ‘took the soft option’ – Prof Theo Venter Former President Jacob Zuma can contest the election as one of the candidates for the uMkhonto weSizwe Party. It follows after the Electoral Court dismissed the Independent Electoral’s (IEC) objection to Zuma’s inclusion because he has been convicted of a crime. It will mean that Zuma could be back in Parliament if the MK Party garners enough support on 29 May. Political analyst, Prof Theo Venter said in an interview with Biznews that the judges took the soft option rather than strictly adhering to constitutional principles. Zuma, he says has the cunning ability, like former U.S President Donald Trump to put the system under pressure. Venter said he believes that the five judges on the bench were swayed by extra-judicial issues like the potential for violence. Should the IEC decide to take the matter to the Constitutional Court, Venter said it would not be before the elections. He described the May elections as almost unpredictable, now. Zuma’s inclusion on the MK Party’s ballot is going to be a game-changer, Venter said.

A landmark agreement has been signed for a R9 billion innovative nuclear reactor in South Africa. In this conversation with BizNews, the partners to that agreement Stephen Edkins and Warren La Fleur of Koya Capital and Dr. Kelvin Kemm of Stratek Global, share the details and provide a timeline. The First of a Kind (FOAK) Small Modular Reactor (SMR) will have the capacity to generate 100MW of heat and 35MW of electricity. It is expected to break ground before the end of the year. Apart from the South African market, there's been “a lot of interest” in the venture, not only from African countries, but from countries like Australia, Canada, Indonesia, and the Middle East.

In a dynamic dialogue with entrepreneur and [retired] political activist Rob Hersov at BNC#6 in Hermanus, the BizNews favourite delved into the intricacies of South Africa's political landscape and the impending 29 May elections. Hersov emphasised the potential formation of coalitions, foreseeing a delicate balance between the ANC, DA, and Patriotic Alliance. He underlined the paramount importance of protecting property rights to avert economic collapse and also touched on foreign influences, economic strategies, and the role of leadership in advocating for change.

Mmusi Maimane, the leader of Build One South Africa (BOSA), discussed his political inspiration and strategy at the BizNews Conference BNC#6 in Hermanus. Drawing parallels with Macron's centrist approach, Maimane emphasised pragmatic solutions over ideological divides. He highlighted BOSA's focus on citizen empowerment, transparency in candidate selection, and grassroots engagement bolstered by a robust online presence. Addressing challenges such as voter intimidation and the need for job creation, he outlined a vision for a post-ANC South Africa, appealing to dignity and shared prosperity. With a strategic organization of over 40,000 activists, Maimane aims to shift the political landscape towards a centrist, values-driven governance model.

During his Q&A session at BNC#6 in Hermanus, Frans Cronje discussed the shifting landscape of South African politics, emphasising the inevitability of coalition governance. He highlighted the decline of ANC dominance, suggesting a future where no single party holds executive control. Cronje underscored the importance of private actors navigating this transition for societal progress. Despite concerns, he believes in the resilience of institutions against worst-case scenarios, advocating for policies fostering economic growth and certainty to unlock business investment.

Political scientist RW Johnson shook up the BNC#6 conference in Hermanus with his explosive insights on the ANC's uncertain future. Revealing unprecedented polling data, Johnson highlighted the meteoric rise of MK and its potential to disrupt the political landscape, leaving the ANC scrambling for coalition partners. From KwaZulu-Natal's seismic shifts to the Eastern Cape's unexpected dynamics, Johnson painted a vivid picture of South Africa's evolving political landscape. As smaller parties gain traction and youth apathy looms, Johnson's stark assessment leaves attendees pondering the nation's trajectory and the elusive search for a way out of the current political quagmire.

In the question and answer session after his keynote address at BNC#6 in Hermanus, Herman Mashaba, president of ActionSA, defied pollster predictions, highlighting his party's growth and anti-corruption stance. He championed tough measures against crime and emphasised merit-based governance. Mashaba's entrepreneurial background informs his pragmatic approach to politics, focusing on fiscal responsibility and service delivery. He dismissed concerns over the ANC's grip on power, prioritising voter choice. His message promoted a united, prosperous South Africa built on empowerment and opportunity.