In a chilling revelation, a ransomware group claims to have infiltrated the Companies and Intellectual Property Commission (CIPC) since 2021, exposing the agency's alleged cover-up of a breach three years ago. The hackers assert control over the agency's systems, unveiling critical security flaws and demanding a $100,000 ransom. CIPC's response remains shrouded in secrecy as the attackers challenge the agency's commitment to cybersecurity, leaving sensitive information at risk. Jan Vermeulen, Editor at MyBroadband unpacks… See omnystudio.com/listener for privacy information.

Ransomware infestation unveiled: CIPC hacked for three years, cover-up exposed, demanding $100,000 ransom

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The Federal Reserve held interest rates steady at a two-decade high of roughly 5.3% as it signalled that it will only cut until prices start to slow down. Kevin Lings, chief economist at Stanlib Asset Management explains what it means for the country and the SARB’s cutting cycle.
 
Micheal Lawrence, executive director at National Clothing Retail Federation discusses the plan by the Western Cape clothing industry to re-establish local clothing manufacturing in order for the country to be able to compete with cheap imports. The plan involves creating new quick-response clothing factories around the province, this will also help ramp up employment. 
 
Chantal Marx, Head of Equity Research at FNB Wealth and Investments, joins host Bruce Whitfield to discuss the influence of political events on financial markets, especially with elections looming in South Africa and the United States. They explore market reactions to politics, global and local election dynamics, and opportunities arising from pre-election mispricings. See omnystudio.com/listener for privacy information.

Fed maintains 5.3% rate amid high inflation: Impact on ZAR?; Stakeholders put plans in motion to revive SA’s clothing manufacturing sector


Professor Bonang Mohale, Chancellor of the University of the Free State and Former President of Business Unity South Africa, converses with host Bruce Whitfield about the investment appeal of South Africa Inc. As the country celebrates 30 years of democracy amidst a turbulent election year, the focus shifts to how South Africa is faring in its efforts to attract investors.
Andrew Levy, Labor Analyst at Andrew Levy & Associates, joins host Bruce Whitfield for an examination of South Africa's job market. The recent rise in the nation's unemployment rate to 32.1% in the last quarter of 2023, along with job cuts across fifty percent of South Africa's industries, underscores the significant economic challenges facing the nation.
Martin Kingston, Chairman of Business for South Africa (B4SA), joins host Bruce Whitfield to explore the latest developments in South Africa's reconstruction efforts amid a tumultuous election year, paying tribute to Workers' Day.
Léan Boezaart, CEO of Freedom of Movement (FOM), joins host Bruce Whitfield to discuss his career path, entrepreneurial passion, and the vision he holds for Freedom of Movement (FOM), a business he co-founded in 2013. Following the completion of his articles in 2011, Léan was sponsored by Deloitte to pursue a childhood aspiration of becoming a professional golfer. Transitioning to the professional circuit in 2012, he competed in South Africa (Sunshine Tour) and internationally, giving his all to the pursuit.

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Workers’ Day Special Broadcast:  SA Inc. Scorecard as a investable country in the past 30 year and going forward. Reflecting on SA’s job market. Shapeshifter -  Léan Boezaart,  CEO of Freedom of Movem

Concerns abound as industrial gas users express dissatisfaction with the proposed solutions outlined in the draft gas master plan, fearing a looming crisis in 2026. The plan's unrealistic timelines and absence of viable remedies have left stakeholders apprehensive about the future, with the looming threat of "day zero" when gas supply from Mozambique ceases. As pressure mounts, Jaco Human, CEO of the Industrial Gas Users Association of Southern Africa emphasises the need for swift and effective action in order to  avert potential economic repercussions and job losses
 
Business executives and financiers commemorate the legacy of Dr. Samuel Motsuenyane, regarded as the pioneer of Black entrepreneurship, following his passing at the age of 97. Motsuenyane, a founding member of the National African Federated Chamber of Commerce and Industry, was instrumental in establishing the African Bank.
 
Warren Ingram, a personal finance expert and Co-Founder of Galileo Capital, joins host Bruce Whitfield to explore the timing and rationale behind engaging in the lottery and the growing popularity of sports betting. Despite the prevalent scepticism surrounding these activities, they delve into the underlying motivations that drive individuals to participate, considering the slim odds of winning in the lottery. See omnystudio.com/listener for privacy information.

Gas users unhappy with draft plan amid looming crisis; Condolences for black business visionary, Dr Sam Motsuenyane

Busisiwe (Busi) Mavuso, CEO of Business Leadership South Africa (BLSA), a business advocacy organisation, discusses with host Bruce Whitfield her confidence in the country's ability to achieve success in the next 30 years. What is the current assessment?



Jan Vermeulen, Editor at MyBroadband, discusses with Bruce Whitfield the implications of Starlink discontinuing its unauthorised service in the country; and its impact on the democratisation of internet access in South Africa.




Nick Rockey, CEO of Trialogue consultancy firm, a supporting sustainable corporate business practice, joined Bruce Whitfield to discuss how he makes his money. Rockey has over 20 years of consulting and research experience across many markets — he discusses how he ended up doing this job. See omnystudio.com/listener for privacy information.

Business lobby group BLSA is confident the country will be on the right track  in the next 30 years. What is the scorecard now? Starlink's termination of its unapproved service in the country: what it

Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, joins host Bruce Whitfield to explore the subsequent actions in response to Anglo American's dismissal of BHP's deemed 'opportunistic' and 'unappealing' takeover proposal.
 
Dr. Azar Jammine, the director and chief economist at Ecomometrix, shares insights on The Money Show's Explainer segment, delving into the factors driving BHP's decision to distance itself from South Africa.
 
Coming from a systems engineering background and owning a wellness centre, Nurah Farzee embarked on a new venture with Imaan Luxury Organics. This decision stemmed from her realisation that the skincare products she offered at her wellness centre contained an excessive amount of chemicals, adversely affecting her clients' cellular health. Determined to provide a solution, she formulated her own skincare line, drawing upon her expertise in cellular health and understanding of cellular functionality. She details how her business came to be in our Friday File feature… See omnystudio.com/listener for privacy information.

Ransomware infestation unveiled: CIPC hacked for three years, cover-up exposed, demanding $100,000 ransom

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