Meet PL Myburgh, exposer of industrial scale plunder at Govt’s R5bn a year schools, clinics builder

Loading player...
In an explosive interview, investigative journalist Pieter-Louis Myburgh unpacks his undercover work that exposed rot at the Independent Development Trust — a state entity meant to serve South Africa’s poorest. From a brazen R60,000 cash bribe to offers of tender kickbacks, Myburgh details how public funds meant for clinics, schools, and oxygen plants were looted, and why corruption thrives under a culture of impunity.
12 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