They are failing because the board of directors are not competent to run multibillion rand organisations.— Shaun Liebenberg
On Wednesday ratings agency Moody’s placed Eskom, Sanral, the Industrial Development Corporation (IDC), the Development Bank of Southern Africa (DBSA) and the Land Bank on immediate review for a downgrade.
Moody’s is concerned about their access to the debt market and their ability to absorb higher funding costs.
The Money Show’s Bruce Whitfield interviewed Shaun Liebenberg, a former CEO at Denel.
Scroll down for more quotes from the audio below.
I ran Denel up until 2008.— Shaun Liebenberg
Every SOE’s board of directors is appointed by Cabinet. They are responsible.— Shaun Liebenberg
What is the mandate of an SOE? At Denel it was to create a globally competitive organisation.— Shaun Liebenberg
The Money Show’s Bruce Whitfield interviews TaxTim cofounder Marc Sevitz.
The Money Show’s Bruce Whitfield gets post-Budget analysis from the horse’s mouth.
Mkhwanazi – son of an entrepreneur – founded a web design firm (Csonke.com) with R2000 when he was 17 and still in school.
The Money Show's Bruce Whitfield interviews Personal Finance Journalist Maya Fischer-French.
State-run newspaper The Herald carried 26 pages of full-colour advertisements congratulating him.
The Money Show’s Bruce Whitfield interviews oil and energy expert Rocco Strydom.
Eusebius McKaiser uses Open Line to send a message to former ANC Treasury who has recently urged Zuma to step down.
Eusebius McKaiser hosted a heated debate on God's existence with atheist Jacques Rousseau and believer Mahlatse Winston Mashua.
Cocaine weighing 271kg, with an estimated street value of R78 million, was confiscated by Sars officials at the OR Tambo Airport.
Property management company PayProp argues that Airbnb has driven down rental availability and driven up rental prices in the CBD.