Magnus Heystek’s message to anyone choosing to stay in South Africa
Despite some positive sentiment towards the country in recent months, South Africans who choose to stay make smart financial decisions to protect themselves and their families.
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155-year-old seaside town in South Africa where war is brewing
Legal war is brewing in one of South Africa’s oldest millionaire towns, as residents refuse to accept collapsing service delivery and leadership instability.
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Eskom chairman says they suck
Eskom chairperson Mteto Nyati has acknowledged that one of the big issues the power utility faces is the quality of its service to customers.
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United States sends a warning to South Africa
The U.S. Ambassador to South Africa, Leo Brent Bozell III, pointed to billions of rands in American tech investment before warning that Washington was running out of patience with Pretoria.
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BizNews | Cape Town | CapeNature | Crime | Lifestyle
Another new mafia is thriving in South Africa
Mafia-style criminal groups have a new target in South Africa, and it’s worth more than rhino horn.
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The successful businessman now living in Cape Town who spent 10 years in Zimbabwean prison for killing a poacher
Rusty Labuschagne was a millionaire before being wrongfully imprisoned for 10 years in Zimbabwe’s harshest prisons.
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BizNews | Dawie Roodt | Finance | South Africa | USA
The hammer South Africa should hope the US doesn’t drop: Dawie Roodt
Renowned economist Dawie Roodt says that South Africa’s fiscal vulnerability is self-inflicted, rooted in years of weak growth and policy failure.
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BizNews | Chris Yelland | EE Business Intelligence | Energy | energy availability factor (EAF) | Eskom
Eskom playing dirty with important number
A prominent energy expert has criticised Eskom for using an “instantaneous” energy availability factor (EAF) to punt its generating fleet performance improvements, claiming no such figure can exist.
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Another new mafia thriving in South Africa
African student movements originally created for social justice have become mafia-style criminal groups that have taken hold in South Africa.
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BizNews | Finance | Jannie Durand | Remgro
Sobering message from one of South Africa’s top CEOs
Remgro CEO Jannie Durand says that slow economic growth and high unemployment are likely to persist unless South Africa adopts pro-growth policies.