Open Line on blessers, money lost after Nene fired, and amount Zuma should pay

On the Open Line this morning Redi Tlhabi talked about the 'blesser' phenomenon and the young women that are targeted. She asked listeners who have ever had a sugar daddy to call in and share their stories. Do these men put the lives of these young girls at risk sexually?

The Public Investment Corporation's Daniel Matjila was on the line talking about the costs of Nene's firing on their investments and how they managed to recover once Pravin Gordhan was reappointed.

We didn't lose R100 billion. The portfolio dropped by R100 billion from 9.11 to 10.11...it was paper losses, and the market recovered quite considerably. By December, the portfolio had fully recovered those paper losses.

Daniel Matjila, CEO PIC

Redi Tlhabi questioned the issue around Nkandla money to be paid back by president. he may only be made to pay back no more than R1 million. is that a 'reasonable' amount?

Should the president pay back the entire amount, including the inflated costs charged by suppliers?

Many listeners called in saying Zuma is responsible for the entire amount while others were more generous saying he should only pay back the real cost.


This article first appeared on 702 : Open Line on blessers, money lost after Nene fired, and amount Zuma should pay


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