Flash Briefing: Mbeki slams ANC land grab plans; DA blames govt for 'unfolding tragedy'; Karpowership rejected

Loading player...
* Former South African president Thabo Mbeki has joined the debate on land expropriation without compensation, slamming plans by President Cyril Ramaphosa to push forward the controversial legislation.
* The Democratic Alliance says the South African government should be held responsible for the unfolding tragedy of thousands dying from Covid-19. This comes as Gauteng fights a massive spike in Covid cases.
* South African-born former labour MP, Lord Peter Hain, has written to Rishi Sunak, UK Chancellor of the Exchequer, after a blistering attack on Thursday during a House of Lords debate, urging the prosecution of UK-based firms implicated in South African state capture.
* South Africa’s environmental authorities rejected an application by Karpowership to generate electricity at three of the nation’s ports, dealing a setback to the government’s plans to reduce outages that are stifling economic growth. Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Jun 2021 11AM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min