‘Let's follow the invoices of the people who are supplying the parts and you'll see a lot of shenanigans. Most of the suppliers, they collude with the people in the procurement to procure the parts,’ says forensic investigator, Calvin Rafadi.
A roundup of news, including a look at whether sabotage is still at play at Eskom power plants and why South African cities need to focus on better infrastructure planning.
‘The main issue is there is still an arrest warrant for Putin and someone somewhere in the world will have to effect that arrest warrant, for now it's not South Africa,’ says head of special projects at the Institute for Security Studies, Ottilia Maunganidze.
Analysis of Russian President Vladimir Putin’s decision to not attend the Brics Summit in Sandton, concerns raised by banks that there will be an increase in credit impairments due to high interest rates, and a look at the significance of sign language being officially recognised as South Africa’s 12th language.
‘Any movement, any indication that the South African Reserve Bank is being influenced by government, even if it doesn’t actually occur, would be massively negative for the currency,’ says Rand Swiss senior analyst, Viv Govender.
A roundup of news including a look at Ramaphosa’s views on Putin's Brics summit attendance in light of the ICC's arrest warrant for the Russian leader.
‘The quicker they manage to push inflation lower into the target band and closer to the midpoint, the quicker interest rate cuts are likely to come,’ says RMB chief economist and head of research, Isaah Mhlanga
A look at some of today’s top stories, including what to expect from this week’s MPC meeting, South African Post Office business rescue plans and Richards Bay terminal resuming operations.
‘It's a common challenge around the world, but instead of looking for alternative funding mechanisms, instead of doing the research for the last 15 years, we've just had ministers changing position and not paying any attention to this,’ says director at Media Monitoring Africa, William Bird.
On today’s show, we looked at SA’s ongoing energy crisis with experts saying the country has reached Stage 7, the SABC’s cash flow problems and Zimbabwe’s Patriotic Bill passed last week and what it means for citizens and the opposition ahead of the country’s election next month.
31 min
About Moneyweb@Midday
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Veteran journalist Jeremy Maggs brings you a fast-paced live daily news show covering a wide range of topics in business, economics and more. The show features exclusive interviews with captains of…
industry, CEOs, political leaders and prominent newsmakers, offering unique insights and in-depth analyses. Tune in on weekdays via the Moneyweb website and mobile app between 12h00 and 12h30.