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Political Capital

Gauteng MEC Nkomo-Ralehoko breaks down allocation of finances from #GPMiniBudget

Gauteng province, the country’s economic hub delivered its own Medium Term Policy Budget Statement (MTPBS) and Gauteng MEC for finance, Nomantu Nkomo-Ralehoko sat down with CNBC Africa’s Kopano Gumbi to discuss adjustments to the budget, the high wage bill, jobs and E-tolls in the province....

Who makes a deal with an insolvent SOE? NUMSA’s Hlubi-Majola explains SAA’s situation

Was South African Airways (SAA) a test case for a govt’s restructuring and retrenchment of the blotted workforce at State-owned enterprises (SOEs)? And if that’s the case how did govt do and what did Unions learn from last week’s experience? CNBC Africa discusses the current application for business rescue of the airline with NUMSA’s Phakamile Hlubi-Majola and Aviation Economist, Joachim Vermooten....

Digging deeper into the politics of xenophobia in South Africa

People are marching and fighting in South Africa as the country suffers in the throes of xenophobia and gender violence. On Political Capital Chris Bishop takes a look behind these issues to find out what is going on with journalist Peter Fabricius....

Religion, rugby & politics: Behind the Bosasa billions and the ANC trough

Author James-Brent Styan discusses his new book #TheBosasaBillions, the family behind it and it’s confluence with religion, rugby and politics. Will Bosasa’s R500 000 donation unravel Ramaphosa presidency?...

Nxasana, Zuma: A chief prosecutor to a paranoid president

A R17 million handshake between former President Jacob Zuma and his chief prosecutor, Mxolisi Nxasana-but what is the back story?...

Amcu President: Ramaphosa has done nothing tangible to reconcile Marikana

It’s been seven years since 34 miners were shot by security forces during an industrial action at Marikana, AMCU President Joseph Mathunjwa tells CNBC Africa what President Ramaphosa needs to do to reconcile.

CR17 Donors: A side-show or a real issue?

President Cyril Ramaphosa’s donors for his ANC presidential campaign, is it a real issue or distraction? South African Communist Party’s Spokesperson, Alex Mashilo weighs on the costs of the political sideshow....

Amnesia, conspiracies & spies dominate Zuma’s testimony at Zondo inquiry

This week money and power meet under one name only – Jacob Zuma. After free flowing opening statement, former President Jacob Zuma’s memory got a bit fuzzy under the glare of probing questions about his presidency, his relationship to the Gupta family and the manner he run government. CNBC Africa explores what this means for the country, the ANC and Zuma....

How will Africa’s trade agreement change the prize of milk?

It was in January 2012, when the African Union decided to adopt a free trade area covering the continent- two years later than anticipated, 54 out of the 55 African Union member countries have signed up to the free trade agreement, how will this change the prize of milk? Joining CNBC Africa for this discussion is Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria and Dianna Games, Chief Executive, [email protected]

In conversation with Gauteng Premier David Makhura on #GPSOPA19

Gauteng Premier, David Makhura delivered his seventh State of the Province address to mixed reviews. On this episode of #PoliticalCapital, Makhura discusses new investments, the state of healthcare and education in the province and struggle to scrap the much contentious project of E-Tolls....

Why SA lost its African gold crown to Ghana

South Africa used be the world’s king of gold accounting for half of all the gold in the world. Just twenty years ago- it was producing over 1000 tons of gold per year and now produces only one tenth of that. How is it with South Africa having the second highest reserves next Australia, is now lagging behind Ghana in Africa? CNBC Africa spoke to Rene Hochreiter, Mining Analyst at Noah Capital Markets....

Is the SARB just a proxy for a bigger political battle within the ruling party?

Is the Reserve Bank just a proxy for a bigger political battle? CNBC Africa is joined by Peter Attard Montalto, Head of Capital Markets Research at Intellidex and Chris Malikane, Associate Professor of Economics at the University of the Witwatersrand to talk about a divided ANC- within a divided government and an economy in troubled waters....

The pain of striking miners

For months miners have been on strike in a pay dispute with Sibanye-Stilwater. We’ve heard much from the unions and management. But what about the miners who are suffering poor and desperate? How are they going to vote in an election year. CNBC Africa’s Fifi Peters and Lubabalo Mashiqana went out to find the real story on the ground around the gold mines of Carletonville....

MDC’s Nelson Chamisa speaks out on Zimbabwe sanctions, dialogue and elective congress

South African President Cyril Ramaphosa has again called for the lifting of sanctions against Zimbabwe. This is after United States extended sanctions by one year saying they will only be lifted, if Harare has implemented certain reforms. Joining CNBC Africa’s Karabo Letlhatlha to speak on the sanctions, legitimacy issue, elective congress and the current economic challenges facing Zimbabwe is MDC Leader Nelson Chamisa.

Why David Coltart supports Chamisa over Mwonzora for MDC president

Two days ago- US President Donald Trump extended sanctions on more than a hundred individuals and companies in Zimbabwe over human rights abuses. South Africa has led the call to lift sanction in Zimbabwe which seemingly fell on deaf ears. So what does Zimbabwe have to do to get them lifted and what’s the role of South Africa in stabilising Zimbabwe. CNBC Africa’s Karabo Letlhatlha sat down with David Coltart, former minister and founding member of the official opposition- Movement for Democratic Change. http://cnbc.africa/videos/...

Strive Masiyiwa optimistic about Mnangagwa, calls for removal of sanctions

CNBC Africa’s Karabo Letlhatlha speaks to Zimbabwean billionaire Strive Masiyiwa, Founder & Chairman of global telecommunications group Econet about the state of governance in Africa, Zimbabwe's political and economic problems and why he won’t stop investing despite political troubles.

SA in recession: What does this mean for your pocket and the economy?

South Africa is in the midst of a recession and traders are even avoiding the rand like the Turkish lira. What does this mean for your pocket and the economy? http://cnbc.africa/videos/...

Africa richest square mile unveils bronze bull sculpture

The streets of Sandton, Johannesburg are known throughout the continent as Africa's economic hub. But what the city has also become famous for is its investment in artistic architecture and design. CNBC Africa's Chris Bishop is in attendance of the unveiling of bronze bull sculpture in Sandton today which is said to be inspired by the famous bull at the face of the New York stock exchange. http://cnbc.africa/videos/...

Mcebisi Jonas, Vytjie Mentor give testimony at state capture inquiry

Big claims are being made at the Zondo commission looking into allegations of state capture. Big money allocated by the national treasury to the commission and further support will come from treasury officials when they testify. Former ANC MP Vytjie Mentor and former deputy finance minister, Mcebisi Jonas give details of the relentless pressure they endured from the Gupta brothers to bend the rules. http://cnbc.africa/videos/...

SA’s state-capture commission of inquiry resumes

Politics and money converge at the State capture commission of enquiry which is investigating allegations of undue influence by the Gutpa brothers and if the former president Jacob Zuma used his executive powers to influence the awarding of contracts. http://cnbc.africa/videos/

Marikana massacre victims remembered on #Political Capital

A day that will live in infamy in South Africa, the Marikana massacre where police gunned down thirty-four mineworkers on strike at the Lonmin platinum mine. From lives lost to jobs lost, the mining sector jobs are under siege but beyond the numbers are real people with hopes and livelihoods. http://cnbc.africa/videos/

Unpacking Nelson Mandela’s political legacy on #Political Capital

A hundred years ago he came into a world he would later change; Nelson Mandela’s political legacy is being debated in South Africa, Africa & the world. http://cnbc.africa/videos/

Herman Mashaba sets his sights on the Gupta brothers on #Political Capital

Herman Mashaba is on a war path to have Gupta brothers arrested and also discusses what the 2018/19 budget means for residents of Johannesburg. http://cnbc.africa/videos/

How the VBS saga will impact SA’s financial industry

Sars’ Kuben Naidoo and VBS Mutual Bank curator Anoosh Rooplal discusses threats and risk posed by auditors to the South African financial industry. http://cnbc.africa/videos/

SA joins Africa’s free trade area but why is Nigeria hesitant?

SA has joined the African Continental Free Trade Agreement and also why Nigeria is delaying? And Rob Davies discusses the impact of global trade tariffs spats on the South African economy. CNBC Africa is joined by Adrian Saville, Professor of Economics, Finance and Strategy at GIBS. http://cnbc.africa/videos/

EFF Leader Julius Malema addresses the land question, SARS inquiry on #Political Capital

EFF Leader, Julius Malema speak about the burning issues of land, the commission into tax dealings at SARS and the rising costs of fuel in the country. And Rob Davies discusses the impact of global trade tariffs spats on the South African economy. http://cnbc.africa/videos/

Joburg mayor Herman Mashaba on running Africa’s economic capital

The mayor of one Africa’s biggest city with the headaches to match, Herman Mashaba discusses finance, entrepreneurs and the difficulty of running this city. http://cnbc.africa/videos/

President Ramaphosa’s $100 billion investment drive on #Political Capital

Cyril Ramaphosa’s $100 billion investment drive gets a global helping hand from the World Economic forum-but is that enough? http://cnbc.africa/videos/

Current state of Zimbabwe economy to decide election outcome – Tendai Biti

This weekend bomb blast in Bulawayo has rocked the Zimbabwean political landscape ahead of the elections on July 30th. On this Political Capital, we are Karabo Letlhatlha discusses Zimbabwe’s political economy with former finance minister and Principal Member of the MDC Alliance, Tendai Biti. http://cnbc.africa/videos/

Lebogang Maile slams Mashaba’s adminstration for poor service delivery

The ANC has been battling to see through several provincial elective conferences, as members throughout different parts of the country have lodge complaints and even legal challenges interdicting those conferences. Ahead of the Gauteng ANC provincial conference, Political Capital spoke to the MEC of economic development in Gauteng, Lebogang Maile about his nomination for deputy chairperson of the province. http://cnbc.africa/videos/


Why business should not throw in the towel in the face of COVID-19

“I would like to appeal to all large businesses not to resort to force majeure and stop paying their suppliers and rental commitments , as such practice has a domino effect on all other businesses dependent on that chain,”

SA extends lockdown by two weeks until end April

South Africa's President Cyril Ramaphosa on Thursday evening extended the country's lockdown by two weeks until the end of April to slowdown...

COVID-19: Trump hold on finances would hurt our work in Africa – WHO.

"If that decision is made it would severely impact our work here in Africa,” says Moeti.

Update on Rupert family’s R1bn COVID-19 fund

This week Johann Rupert’s R1billion Sukuma fund had to close doors on desperate small businesses wanting help to fight the impact of COVID-19 lockdowns.

World Bank considers debt relief for Africa to fight COVID-19

The World Bank expects COVID-19 to cost Sub-Saharan Africa up to $79 billion in lost output in 2020, plunging the region into its first recession in a quarter of a century. World Bank’s Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.