Willem Els: Terror funding and organised crime thriving on poor governance

Loading player...
Billions of rands are being sent out of South Africa annually to fund terror activities. In this interview with BizNews, Willem Els of the Institute for Security Studies (ISS) dissects the nexus between organised crime and terror funding. “Organised crime can do without terrorism. They can live without terrorism, they can survive without terrorism, but terrorism cannot survive without organised crime and using them.” He notes that neither group can operate with impunity without high-level protection either. “And in South Africa, the prevalence of your State-embedded actors on a very high political level and on operations level is way above the average for Africa.” Nel lists poor governance, limited resources, and limited use of technology as the reasons why Africa has become such a hub for terror financing. He outlines what measures South Africa will have to take to get off the Grey List later this year - and what it would have to do to prevent relisting. He also gives a run-down on recent terror-related cases, and describes the implementation of Sharia Law in Johannesburg, and the use of assassinations and extortion by an ISIS-linked to raise funds for terror.
7 Aug 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