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Rational Perspective

1,628 episodes - English - Latest episode: over 4 years ago -

Rational Perspective is Alec Hogg's regular podcast.

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Episodes

Ramaphosa foot on the pedal to clean up corruption - Melanie Verwoerd

May 30, 2019 13:08 - 11 minutes - 10.3 MB

The relief among investors was clear to see as they assessed President Cyril Ramaphosa’s South African cabinet line-up. The slimmed down executive were given the thumbs-up and the retention of the crucial Finance Ministry post to Tito Mboweni, while allowing Pravin Gordhan as Public Enterprises Minister to continue the clean-up of the state owned enterprises calmed the markets. The Rand advanced immediately after the read out of the names and continued its upwards move gaining another 0.4% ar...

Starting a company in the UK: Here's what you need to know

May 30, 2019 02:00 - 9 minutes - 8.51 MB

With the Brexit drama engulfing the UK and resulting in the scalp of yet another Prime Minister, it's tempting to overlook that country as a place to start a new business. However, the reality is that the UK's highly advanced first world market coupled with the fact that it remains geographically close to the Eurozone still continues to make it an attractive investment destination, despite Brexit. And in this interview, Sable International's Scott Brown explains how you can go about registeri...

Flash Briefing: Cyril’s pruned Executive excites Rand; Shell seeks SA oil; PIC gets Unioned; Naspers

May 29, 2019 21:20 - 3 minutes - 3.51 MB

In today's business headlines:  Ramaphosa has announced a slimmed-down Cabinet, reflecting a clean-up but there are some political trade-offs; The Rand gains following the announcement of the Cabinet; Naspers says it is not abandoning South Africa as it plans to list in Amsterdam; Royal Dutch Shell takes a second stake in South African hydrocarbon project; and  Trade unionists are included for the first time on the PIC board. See omnystudio.com/listener for privacy information.

Ramaphosa announces his cabinet - balanced with continuity

May 29, 2019 20:03 - 16 minutes - 15.6 MB

Here's the full Cyril Ramaphosa cabinet announced on 29 May 2019: The Deputy President is David Mabuza. The Minister of Agriculture, Land Reform and Rural Development is Thoko Didiza. The Deputy Ministers are Sdumo Dlamini and Mcebisi Skwatsha. The Minister of Basic Education is Angie Motshekga. The Deputy Minister is Dr Regina Mhaule. The Minister of Communications is Stella Ndabeni-Abrahams. The Deputy Minister is Pinky Kekana. The Minister of Cooperative Governance and Traditional Affairs...

Naspers CEO: Amsterdam listing date set, impact on SA shareholders

May 29, 2019 17:16 - 11 minutes - 10.7 MB

Naspers has taken another big step towards the listing of its international internet assets onto the Euronext stock exchange in Amsterdam. The shares jumped 4% on the news that by mid July shareholders will be able to trade these assets in a new as yet unnamed business. CEO Bob van Dijk takes us through the key dates and implications for shareholders, especially those in South Africa. - Alec Hogg  See omnystudio.com/listener for privacy information.

Flash Briefing: Mabuza phobia knocks rand; Moyo fiasco shakes Old Mutual; Sibanye, Reunert

May 28, 2019 18:39 - 4 minutes - 3.97 MB

In today's headlines: The rand fell on speculation that graft-tainted David Mabuza could be re-appointed as deputy president. The Sibanye share price gained about 9% on the news that Lonmin and Sibanye shareholders have approved the takeover of struggling Lonmin. Reunert fell more than 5% as investors absorbed the details of the unaudited statements for the six months to the end of March, released on Monday. Also down on Tuesday was Telkom, which lost some of its gains earlier in the week, an...

Simon Lincoln Reader: UK's Raab v Boris - SA's noxious choices for Ramaphosa

May 28, 2019 10:37 - 11 minutes - 10.6 MB

Here's Simon Lincoln Reader's regular assessment of the political scene in the UK (where he lives) and SA (where he comes from). The dominant themes are Theresa May's unlamented departure; the two heavy hitters who lead the succession race; and some unenviable cabinet choices for the man putting together the new Ramaphosa cabinet. See omnystudio.com/listener for privacy information.

Flash Briefing: Telkom's shift in focus bears fruit; Ramaphosa goes slow; Naspers' Tencent; Aspen chill

May 27, 2019 19:54 - 3 minutes - 3.44 MB

In today's headlines: Telkom was a big mover on the JSE as its share price jumped nearly 14% to an all-time high of just over R98 per share after it released its Group Provisional Annual Results for the year ended 31 March 2019. Other JSE stocks that gained in value on Monday included Pioneer Foods, which rose about 4%, and Sappi, which gained about 2.5%. Losers of the day included pharmaceuticals company Aspen, which shed about 4.5%. The big political story on Monday set out likely candidate...

Innovative wood science: UP's Martin Wierzbicki recognised in global award

May 27, 2019 06:51 - 11 minutes - 10.9 MB

Martin Wierzbicki, an MSc graduate from the University of Pretoria, is making waves in the world of wood science. He was recently named among three winners of the global 2018-2019 Blue Sky Young Researchers and Innovation Award for his research on genome-based biotechnology for designer wood. Wierzbicki’s work has focused on how the genetic makeup of trees can be changed to improve how wood reacts to industrial processing in order to maximise the extraction of biopolymers such as cellulose, l...

Salt River's Nadine Maselle gives back thanks to $50k Facebook grant

May 27, 2019 06:50 - 6 minutes - 5.88 MB

Electrical engineering student Nadine Maselle was a matric student at Salt River High last year and, while there, she realised that her old school's computer lab could do with a much-needed improvement. So, when she became a fellow of the Facebook Community Leadership programme, she had an opportunity to give back after receiving a grant for $50,000. In this interview, Maselle tells us more about how that money has been used to beef up something called the 'Dream Lab'. - Gareth van Zyl See o...

Vumatel-CIVH merger: RMB's Jessica Spira on her bank's role in the deal

May 27, 2019 03:00 - 9 minutes - 8.49 MB

At the end of April this year, the Competition Tribunal approved, subject to conditions, a merger involving Community Investment Ventures Holdings (CIVH) and Vumatel, bumping up CIVH's shareholding in the fibre-broadband provider. The deal means that Johann Rupert-linked CIVH now has sole control of Vumatel in what is a major local technology play. Interestingly, Rand Merchant Bank had a pivotal role to play in this transaction. The bank's Business Development Director, Jessica Spira, explain...

Flash Briefing: CEO-firing stocks plunge; Boris in big lead; Carbon Tax now law; S&P holds SA rating

May 26, 2019 16:43 - 4 minutes - 4.59 MB

Former UK foreign secretary and London mayor Boris Johnson has emerged as the strong frontrunner to succeed British Prime Minister Theresa May, who steps down on June 7. The South African Treasury last night released details of the long anticipated Carbon Tax proposals which have now been signed into law by the president. Late on Friday evening, ratings agency S&P, one of the US’s Big Three, left South Africa’s sovereign debt ratings unchanged at below investment grade. South African stocks c...

The Editor’s Desk: Here’s what Alec Hogg has to say to SA bears

May 26, 2019 09:45 - 14 minutes - 13.8 MB

The bear case for South Africa has been right for nearly ten years. Those who bet on SA Inc when Jacob Zuma took the presidency would be feeling the bite with nothing much to show for the last decade. But, as investment labels constantly warn us, past performance does not guarantee future results. After all, anyone watching China for most of the 20thcentury would be forgiven for writing the Middle Kingdom off as a basket case. But those who bet on China’s future have been richly rewarded. Sou...

'Success is about showing up' - interior designer Nthabi Taukobong on her 23yr career

May 25, 2019 03:00 - 10 minutes - 9.32 MB

JOHANNESBURG — Well-known South African interior designer Nthabi Taukobong - who is the Founder and Managing Director at DITAU - African Luxury Lifestyle has just published a book highlighting her 23-year career in the space. Taukobeng has been a trailblazer, thanks to her work for several high profile people and establishments on the continent. In this interview, she opens up about her life journey and her new book, 'The Real Interior'. - Gareth van Zyl See omnystudio.com/listener for priva...

Magnus Heystek: Need proof of SA's New Dawn before I'll believe

May 24, 2019 07:02 - 11 minutes - 10.5 MB

Independent financial advisor Magnus Heystek was featured as the first interview on last night's Rational Radio Live show - chatting with Alec Hogg about his hard-hitting blog published on Biznews today. It's a fun discussion between two old friends with a serious undertone - Hogg explains why he is a believer in SA's New Dawn while Heystek tells us he requires tangible proof. See omnystudio.com/listener for privacy information.

Meet Frank Solomon: Pro Surfer helping out Hout Bay's underprivileged kids

May 24, 2019 03:00 - 15 minutes - 14 MB

JOHANNESBURG — Cape Town-based Frank Solomon is famous around the world for being a big wave professional surfer and for having featured in a popular Red Bull film dubbed 'Let's be Frank - the double life of Frank James Solomon'. Frank has been described by some as breaking the stereotype of surfers by having never really been sponsored and having first gone to university before taking on the world's biggest waves. But he's started breaking new ground by also launching something called 'The S...

Flash Briefing: Massmart earnings nose-dive; Steinhoff investors queue to sue; Brait, Mabuza

May 23, 2019 17:45 - 3 minutes - 3.05 MB

In today's news headlines: Massmart announced on Thursday that it had hired an American heavy hitter, Mitch Slape, as CEO. Brait’s share price hit a 7-year-low on news that the net value of its assets has fallen sharply. There was another development in President Cyril Ramaphosa’s strategy to root out corruption in government yesterday when Deputy President David Mabuza asked to delay his swearing in. Steinhoff faces a mass investor lawsuit in Germany. The rand closed at R14.47 to the US doll...

David Shapiro on double digit price reverses for Sasol, Brait, Massmart

May 23, 2019 16:39 - 11 minutes - 10.5 MB

In the inaugural edition of Alec Hogg's Rational Radio Live, market veteran David Shapiro explains why the share price of Sasol has dropped almost 20% in the last two days - and the reasons behind the double digit drops today of once fashionable Brait and Massmart.   See omnystudio.com/listener for privacy information.

Is there a secret formula to happiness?

May 23, 2019 11:34 - 13 minutes - 12.6 MB

When it comes to world happiness, it probably comes as no surprise to South Africans, that we are low on the list. The latest United Nations and Gallup poll put us 106th behind other African countries like Nigeria, Algeria, Cameroon, Burundi and Benin. You would think that all that lovely sunshine and some of the most beautiful natural spots in the world, would improve our sense of happiness. Surprisingly one of the coldest, darkest countries in the world, Finland topped this year’s list. So,...

Flash Briefing: Mabuza fuels rand; Prasa's anti-corruption steam; Tuna Bond minister heads home; Sasol, Eskom

May 22, 2019 20:39 - 4 minutes - 3.96 MB

In today's business headlines:  The Rand gained on news that Deputy-President David Mabuza will not be sworn in as MP. Corruption busting at Prasa gathers momentum with suspensions. South Africa has decided to extradite Mozambican Manuel Chang wanted for the tuna bond scandal to his home country not the US. Sasol shares fall by almost 13% due to ballooning costs at the Lake Charles project. and Eskom bond holders kept in the dark about funding and restructuring. See omnystudio.com/listener f...

Flash Briefing: Mabuza fuels rand; Prasa's anti-corruption steam; Tuna Bond minister heads home; Sasol, Eskom

May 22, 2019 20:39 - 4 minutes - 3.96 MB

In today's business headlines:  The Rand gained on news that Deputy-President David Mabuza will not be sworn in as MP. Corruption busting at Prasa gathers momentum with suspensions. South Africa has decided to extradite Mozambican Manuel Chang wanted for the tuna bond scandal to his home country not the US. Sasol shares fall by almost 13% due to ballooning costs at the Lake Charles project. and Eskom bond holders kept in the dark about funding and restructuring.

Flash Briefing: Tesla Code Red; Tuna Bond first netted; Jamie Oliver's UK

May 22, 2019 07:28 - 4 minutes - 3.84 MB

In today's business headlines: Morgan Stanley sees Tesla at $10 as market for electric cars goes soft. Huawei goes to EU warning it could happen to any international company. Ex-Credit Suisse banker pleads guilty in Tuna Bond scandal. Jamie Oliver restaurants in the UK declared insolvent. JSE is flat with Rand holding on despite emerging market jitters of US-China trade war. See omnystudio.com/listener for privacy information.

Flash Briefing: Tesla Code Red; Tuna Bond scam nabs first fish; Jamie Oliver's UK insolvency; Rand

May 21, 2019 20:15 - 10 minutes - 9.59 MB

In today's business headlines: Morgan Stanley sees Tesla at $10 as market for electric cars goes soft. Huawei goes to EU warning it could happen to any international company. Ex-Credit Suisse banker pleads guilty in Tuna Bond scandal. Jamie Oliver restaurants in the UK declared insolvent. JSE is flat with Rand holding on despite emerging market jitters of US-China trade war. See omnystudio.com/listener for privacy information.

Tesla is facing Code Red

May 21, 2019 14:59 - 26 minutes - 24.2 MB

The news that Tesla shares have dipped to below $200, which is the lowest level since 2016 this week is not the end of bad news for Elon Musk's electric car company. Morgan Stanley has slashed its worse-case scenario for the share price to just $10 over concern that the company has saturated the electric-car market. Analysts say that demand is at the heart of the problem and that Tesla has grown too big relative to near-term demand. David Kudla from Mainstay Capital Management told Bloomberg'...

Huawei ban could derail US/China trade negotiations

May 21, 2019 14:38 - 6 minutes - 5.83 MB

173 companies including footwear giants, Nike and Adidas have signed an open letter to US President Donald Trump in which they say that tariffs on shoes made in China will be a catastrophic for the American economy. They posted it on the Footwear Distribution and Retailers of America's website. This came after the Trump administration barred American companies from selling to Huawei without a US government license in what is regarded a significant escalation of the trade war with China. Micha...

Entrepreneur's survival toolkit from the banker to business owners

May 21, 2019 14:11 - 18 minutes - 16.9 MB

Times are tough for South African business owners, the toughest in the nine years that Mercantile CEO Karl Kumbier has been focusing on banking entrepreneurs. So what to do about it? In this forthright podcast Kumbier provides a reality check on what happens when government and big corporates push out their invoice payment dates - and offers some sage advice for entrepreneurs struggling to ride out the storm. If you own a business or consider being one, invest some time here. - Alec Hogg See...

Flash Briefing: Ramaphosa cabinet cull begins; Pioneer plummets; GOT set-back knocks Naspers

May 20, 2019 18:33 - 9 minutes - 8.69 MB

President Cyril Ramaphosa has moved quickly to show he is serious about cleaning up his cabinet following May 8 elections. On the JSE, Pioneer Foods was the big loser of the day. Its share price plunged about 12% after the release of its half-year results. Also dragging down the JSE FTSE All-Share Index was Naspers, which dropped about 4% on Monday. South Africa’s Naspers, with 31%, is the biggest shareholder in Hong Kong listed Chinese tech giant Tencent, which took a hit earlier in the day....

Entrepreneurial masterclass: On location with Brian Altriche

May 20, 2019 15:31 - 57 minutes - 52.6 MB

JOHANNESBURG — Prepare yourself to be exposed to an hour of entrepreneurial energy, advice and wisdom. From a guy who left South Africa as a teenager to duck apartheid’s National Service; fed himself in California by playing his guitar and applying his design talents; and came home to forge a huge success in the toughest business on the planet. Restaurants are an endless juggle between innovation, logistics, staff motivation and profit margins; the hours are impossibly long; customers can be...

Flash Briefing: Richemont jumps on results; Aussies move Right; Personal Finance hits the Ivy League;

May 19, 2019 17:12 - 4 minutes - 3.75 MB

After being behind in the polls for two years, Australia’s conservative government won a surprise victory in Saturday’s elections, taken over the line voters in resource-rich districts. The share price of JSE heavyweight Richemont rose almost 5% after Friday morning’s release of its financial results to end March. Personal finance education has gone mainstream in the United States. It was a softer end to the week for share prices around the world with South African stocks losing an average of...

The Editor’s Desk: Times are tough, but Ramaphosa is ready

May 18, 2019 08:56 - 16 minutes - 15 MB

Cyril Ramaphosa is in the driver’s seat, but the course he has to navigate is full of challenges. From Eskom to Makhanda, Ramaphosa faces a landscape marred by corruption, mismanagement, incompetence, and failure. How he and his team rise to these challenges will determine whether South Africa Inc sinks or swims. This week, Alec Hogg and Felicity Duncan discuss some of the problems Ramaphosa must address and focus on one area where he seems to be making the necessary changes: The National Pro...

Flash Briefing: Eskom weighs down Moody's; SA bonds sidestep EM jinx; Cosatu wants cabinet cut; Anglo

May 16, 2019 20:20 - 4 minutes - 4.4 MB

In today's business headlines:  Moody’s outlook on South Africa more gloomy as it includes Eskom in its calculations. South Africa dodges the emerging market bond jinx. Investors are hoping for a streamlined Ramaphosa cabinet with Mboweni in charge of Finance. Cosatu wants Ramaphosa to cut the size of the Cabinet to 26 ministers and 6 deputies. The DA should learn from British Prime Minister May's mistakes. And Anglo American will be building a new diamond-mining boat to operate off the coast...

Flash Briefing: Discovery #2 insurance brand globally; Capitec business banking green light; BAT's Twisp deal challenged; MSM, Netcare still falling

May 15, 2019 18:45 - 4 minutes - 4.24 MB

Innovative South African group Discovery has been rated as the world’s second strongest insurance brand. South African banking’s great disruptor, Capitec, was yesterday given the green light to acquire a ready-made vehicle to enter the business banking market. More action will play out at the Competition Tribunal today where two large players in the cigarette sector, Gold Leaf Tobacco and Philip Morris South Africa, will be petitioning for a blocking of the proposed merger between their compe...

Flash Briefing: Bitcoin jumps 33% in week; WhatsApp hacked; $2bn Roundup award; Discovery, Shoprite, Vodacom, Kumba, Pepkor.

May 14, 2019 16:56 - 4 minutes - 4.25 MB

One and a half billion people worldwide who use WhatsApp to make free phone calls are discovering it does come at a price. The share price of German chemicals group Bayer took another hit yesterday after a California court awarded $2bn in punitive damages to a couple claiming weed killer Roundup caused their cancer. The world’s largest crypto currency, Bitcoin, is on the hop again, the price rising above $8 000 in Asia yesterday. South African share prices edged lower towards yesterday’s clos...

Flash Briefing: China retaliation hits shares; Uber tanks again; Vodacom, Netcare, Astral

May 13, 2019 16:43 - 4 minutes - 4.17 MB

Share prices globally took a hit yesterday as the US/China trade war sparked back into life. The Dow Jones Industrial Average fell more than 600 points,  The US market slide came at the worst possible time for Uber Technologies, one of the New York Stock Exchange’s most anticipated new listings in years.   There were contrasting fortunes for Vodacom and Netcare which released financial results yesterday.  Share prices on the JSE followed global markets lower, with a winning session turning ne...

Flash Briefing: Investors cheer SA election; Total bets $8.8bn more on Africa; Uber; Net1

May 12, 2019 17:07 - 4 minutes - 4.54 MB

Despite the South African ruling political party’s worst showing in a national election since 1994, global investors celebrated the ANC’s 57.5% victory as an improvement on the 54.5% it polled in the municipal elections three years ago. French oil major Total is doubling down on its African bet. It has agreed to acquire Anadarko’s assets in Mozambique, South Africa, Algeria and Ghana for $8.8bn. Ride hailing business Uber Technologies, whose shares made their long-awaited debut on the New Yor...

The Editor's Desk: Our big, fat election wrap-up

May 12, 2019 09:06 - 19 minutes - 17.6 MB

The election is over and the results are in. In this week's episode, Alec Hogg and Felicity Duncan discuss those results in detail. They look at the percentages and vote tallies, breaking down just what it all means for the DA, the ANC, and the EFF. They consider the market reaction to the news of the ANC's victory and what the results may mean for Ramaphosa's policy initiatives. They also ask why the DA made such a poor showing and what the EFF's gains mean for the future. It's a comprehensi...

DA leader Mmusi Maimane could face leadership challenge after election performance

May 11, 2019 09:54 - 12 minutes - 11.6 MB

PRETORIA — Although the Democratic Alliance has managed to hang on to the Western Cape, their support has dipped since the 2014 elections. This raises the question whether the leadership of Mmusi Maimane could be challenged. Political analyst Theo Venter from the North West University spoke to Biznews about the DA leadership, has a look at a smaller Cabinet Ramaphosa may be looking at after the election and whether he would be able to rid the Cabinet of  members of the ANC NEC implicated in s...

Ramaphosa has a sufficient mandate to tackle corruption

May 10, 2019 14:06 - 9 minutes - 8.68 MB

PRETORIA — President Cyril Ramaphosa may not have received the 60% support of national votes in the 2019 elections that he wanted, but he has a big enough mandate for decisive leadership. A political analyst from the Stellenbosch University, Dr Collette Schulz-Herszenberg told Biznews that the election result is the most appropriate result right now. -Linda van Tilburg See omnystudio.com/listener for privacy information.

DA-support drops but leader Mmusi Maimane says party maintained centre ground

May 10, 2019 13:08 - 7 minutes - 6.75 MB

PRETORIA — The Democratic Alliance was hoping to increase its support from the 22% they managed in 2014, but all indications are that they are not going to be able to replicate their previous national performance. The party's leader Mmusi Maimane said at the IEC centre that he is proud that his party managed to retain the centre ground. There are rumours that his leadership may be challenged due to the lack in growth in support for the party. - Linda van Tilburg See omnystudio.com/listener f...

Patricia de Lille is GOOD enough for Parliament

May 10, 2019 12:24 - 2 minutes - 2.25 MB

PRETORIA — She may have only one seat, but the leader of the GOOD party, Patricia de Lille, who broke away from the Democratic Alliance after a controversial stint as the mayor of Cape Town, is likely to be a vocal voice in Parliament. Her party also has at least two seats in the provincial legislature of the Western Cape  We could not pin down De Lille, but her spokesperson Nthabiseng Lephoko promised that they will make good on their promises to hold the DA to account in the province and th...

Business-friendly ACDP doubled their MPs

May 10, 2019 12:12 - 5 minutes - 5.34 MB

PRETORIA — Many of the smaller parties in the election did not manage to gain a single seat. One of the parties that have been more successful is the ACDP which have doubled their number of MPs. The party's leader, Kenneth Meshoe says they will oppose land distribution without compensation, and want to create an environment which attracts investors to the country. - Linda van Tilburg See omnystudio.com/listener for privacy information.

Expect more fireworks from the EFF as they increase share in Parliament

May 10, 2019 12:06 - 4 minutes - 3.8 MB

PRETORIA — The Economic Freedom Fighters are increasing their share of the seats in Parliament from just over 6% to around 10%. Firebrand leader Julius Malema, a former ANC-member in a distinctive red overall, has increased the temperature in Parliament considerably with debates becoming more contested and has often been ejected. His party targeted former President Jacob Zuma and was probably one of the driving forces for the ANC to adopt plans for land distribution without compensation. The ...

IFP says electorate failed to right the wrongs of corruption

May 09, 2019 20:46 - 3 minutes - 3.23 MB

PRETORIA — The Inkatha Freedom party has increased its share of the vote in the elections and is running neck and neck with the Freedom Front Plus. IFP spokesperson Mkhuleko Hlengwa says the party was negatively effected by floods and unrest in the province. - Linda van Tilburg See omnystudio.com/listener for privacy information.

Flash Briefing: Anglo selling last SA gold mine; RCL gains 18% in fortnight; Markets hit by US aggression.

May 09, 2019 18:28 - 4 minutes - 4.16 MB

Investors around the world took fright yesterday when the US seized a North Korean ship alleging it had been illegally transporting coal from president Kim Jong Un’s ostracised country in violation of US sanctions. South Africa’s national and provincial election dominated the local news yesterday with investors a little concerned by the ANC’s inability to poll at their hoped-for 60% level. Anglogold Ashanti yesterday announced that it is in the early stages of a process to sell Mponeng, the l...

DA appears to have lost support due to split-vote

May 09, 2019 16:39 - 4 minutes - 3.85 MB

PRETORIA — The Democratic  Alliance is on track to maintain control of the Western Province and could be part of a coalition in Gauteng, but have lost votes to Patricia de Lille's Good Party and the Freedom Front Plus on a national level. The Chairperson of the DA Federal Council, James Selfe says his party could be negatively effected by the split-vote. - Linda van Tilburg See omnystudio.com/listener for privacy information.

Foreign Relations Minister Lindiwe Sisulu tells investors South Africa is open for business

May 09, 2019 15:34 - 2 minutes - 2.44 MB

PRETORIA — Foreign Relations Minister Lindiwe Sisulu says the election has proven that South Africa is a stable democracy and adds the Government is opening its arms and inviting investors to come and invest in the country. Sisulu however ducked a question on whether there are internal forces in the ANC that are threatening President Cyril Ramaphosa's agenda. - Linda van Tilburg See omnystudio.com/listener for privacy information.

Australia gives South Africa's 70% voter turnout a thumbs-up

May 09, 2019 15:11 - 4 minutes - 3.85 MB

PRETORIA — The Australian High Commissioner Adam McCarthy, who is one of the international observers at the election headquarters says he is impressed with voter turnout especially when it is compared with other countries. In Australia voting is compulsory. - Linda van Tilburg See omnystudio.com/listener for privacy information.

American civil rights leader Jesse Jackson eyeballs SA election

May 09, 2019 14:15 - 4 minutes - 3.91 MB

PRETORIA - The American civil rights leader, Jesse Jackson has always taken a keen interest in South Africa and was a staunch opponent of the apartheid regime in South Africa. Jackson sent representatives to the #Elections2019 to observe the elections. One of them is James Gomes from the Rainbow/Push Coalition who inspected voting that took place in the Soweto area. - Linda van Tilburg See omnystudio.com/listener for privacy information.

Jessie Duarte wants to answer state capture allegations at Zondo Commission

May 09, 2019 13:35 - 6 minutes - 6.31 MB

PRETORIA — The Deputy Secretary-General of the ANC Jessie Duarte says she has applied to the Zondo Commission to testify about allegations made about her on state capture. Biznews gave her the right to reply to the various allegations against her and her fractious relationship with the media. She also commented on the halfway mark of the election results saying that she was happy with the ANC's performance, especially the areas of the Bo-Kaap they have taken from the Democratic Alliance. - Li...

Diplomats think #Elections2019 went well says analyst Melanie Verwoerd

May 09, 2019 11:17 - 3 minutes - 3.45 MB

PRETORIA — With the first results in, a couple of interesting trends are starting to emerge. Very few of the smaller parties are doing well, although one or two might get a seat in Parliament. Political Analyst and former South African Ambassador to Ireland Melanie Verwoerd says the ANC is performing well. - Linda van Tilburg See omnystudio.com/listener for privacy information.

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