The Sunday Show - Neil de Beer: “Economic genocide” - by the “twats” in Government

Loading player...
In his latest Sunday Show with BizNews, Neil de Beer, the President of the United Independent Movement (UIM), likens the “unraveling” of South Africa’s economy to “economic genocide”. He says the country’S BEE and related laws do not constitute a “package of investment”, but a “hand grenade….that will explode economically”. For that he blames the “twats” in Government. “They are absolutely twats. They are clueless….they have no competency.” De Beer laments the long legal delays in holding to account powerful politicians like former president Jacob Zuma and former Free State premier Ace Magashule - and the strategies being used in such cases. Meanwhile, he examines Police Minister Senzo Mchunu’s plan to fix the police. He also delves into Floyd Shivambu’s redeployment as SG in former President Jacob Zuma's MKP amid mounting international pressure on Economic Freedom Fighters (EFF) CIC Julius Malema. De Beer further comments on the legal challenge to the R941 billion NHI Act. And, he gives his take on the break-up (or prank break-up) between US President Donald Trump and SA-born billionaire Elon Musk.
8 Jun 2025 7AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Amazon beats Starlink; PIC's Lanseria crisis; Netflix's slowdown; AI's big margins

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX’s scrubbed Starship launch,…
16 Jul 11PM 15 min

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min