New political alternative beckons as Makashule Gana closes 20-year DA chapter

Loading player...
Makashule Gana has called it quits with his political home - the DA - and vows not to join any other existing political party, instead seeking to establish a new political alternative. Gana has been a constant within the DA for the past two decades, but tells BizNews he leaves with no regrets after giving it his all. He resigned from the party and his position in the Gauteng Provincial Legislature with immediate effect as of 4 August 2022. “South Africa is thirsty for a new alternative and I want to be part of those conversations,” says Gana. To read his resignation letter click here. Learn more about your ad choices. Visit megaphone.fm/adchoices
5 Aug 2022 10AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min

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