David Shapiro on dumping Aspen, turbulent markets and Stellenbosch Mafia

Loading player...
In the country's latest bestseller, author Pieter du Toit tracks the first public mention of "The Stellenbosch Mafia" back to a decade and a half back when David Shapiro used the reference in one of our interviews. But as SA's favourite market commentator used it in a benign, almost admiring way - a far cry from the unlamented ex-Bell Pottinger inspired campaign which painted them as a malignant force of greedy Hoggenheimers. On Rational Radio this week Shapiro offers his perspectives on the Stellenbosch-based billionaires, what is causing renewed volatility in global investment markets - and why long-suffering Aspen shareholders should now dump the stock. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Aug 2019 4AM English South Africa Investing · Business News

Other recent episodes

The Editor's Desk - Wed 21 Jan 2026: A fading global order and the Trump liability

In today’s analysis, we explore Mark Carney’s powerful address at the World Economic Forum, where he urges middle-ground nations like South Africa to "name reality" and act together against the rivalry of global giants. We also examine why right-wing parties in France and Germany are increasingly distancing themselves from Donald…
21 Jan 4AM 16 min

Director's Cut: BEE is breaking South Africa - Gerhard Papenfus v Gwede Mantashe

In this candid and hard-hitting interview, Alec Hogg speaks to Gerhard Papenfus, CEO of the National Employers’ Association of South Africa, about his open letter condemning Black Economic Empowerment. Papenfus argues that BEE has distorted markets, damaged entrepreneurship, and entrenched elitism rather than broad-based upliftment. He challenges prevailing political narratives,…
20 Jan 5AM 37 min