Cyril's 'State of Disaster' power grab is irrational, just optics and politics. Courts will stop it. - Solidarity's Connie Mulder.

Loading player...
Activist group Solidarity is determined to expose president Cyril Ramaphosa's "State of Disaster" proposal as an ill-conceived and unnecessary power play that has everything to do with ANC politics and will do nothing to address SA's energy crisis. Connie Mulder, head of the Solidarity Research Institute, explains why the organization is determined to prevent the action by approaching the courts. In this rational discussion with Alec Hogg of BizNews, he expresses shock at Ramaphosa's contradictory State of the Nation address. He argues that instead of playing politics and costing taxpayers money with another unnecessary cabinet appointment, the president should act logically and fire his incompetent lieutenants. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Feb 2023 8AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min

The BizNews Edge: Economic warnings flash; Corporate giants mispriced; SpaceX tumbles

We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater’s debt-free gold business despite solid restructuring plans. We also highlight Attacq’s resilient property portfolio and Steenkamp Kraal’s historic rare earth…
23 Jun 6AM 13 min