Zondo wants to know: What action did Zuma, Ramaphosa and team take to stop corruption at SOEs?

Loading player...
State-owned enterprises like Eskom, South African Airways and the Passenger Rail Agency (Prasa) lie at the heart of South Africa's current economic woes. They were the main vehicles through which money was channeled to corrupt officials during the years that President Jacob Zuma was at the helm. It is these cash-strapped enterprises that the Zondo commission is planning to focus on as it resumes public hearings in Johannesburg. Its spokesperson, Mbuyiselo Stimela says the commission is committed to getting former President Jacob Zuma to re-appear before the commission which is scheduled to wrap up its work in the next ten months. President Cyril Ramaphosa is also expected to make an appearance. The chairperson of the commission of inquiry into state capture, Deputy Chief Justice Raymond Zondo said at the resumption of the commission that he wanted political leaders and elected officials to tell him what action they took against alleged corruption at some state-owned enterprises (SOEs).- Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Jun 2020 8AM English South Africa Investing · Business News

Other recent episodes

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

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

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

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

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

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