PP's motive is to take the heat off JZ and the Gupta's - Eusebius

Public Protector Busisiwe Mkhwebane found last week that the Reserve Bank failed to protect the public interest by bailing out Bankorp during the apartheid era and then did not recover the funds after Absa took over.

Mkhwebane went as far as spelling out the changes that should be made to the Constitution.

Eusebius engages with a listener on what her possible motives are for making this "unlawful recommendation". Eusebius gives his thoughts on the "weird, unlawful, out of the blue proposal" that the Constitutional should be changed, something that has elicited widespread criticism that the PP is over-reaching her powers.

I think she is instructed from somewhere, just my gut feeling, to distract from the real issues. There are fundamental reasons why this economy is not growing in a way that is conducive to dealing with the triple scourge of poverty, inequality and unemployment. It is because of the combination of missed opportunities and sheer looting by the State.

Eusebius McKaiser, 702 anchor

But now suddenly by putting the Reserve Bank mandate on trial, you can shift the conversation...

Eusebius McKaiser, 702 anchor

For the PP her public servants may be best served taking the heat of the Gupta's, off JZ (Jacob Zuma), off the economic cluster and focus it on a bunch of Central Bankers -- that's the reason, I think, she came up with this unlawful recommendation.

Eusebius McKaiser, 702 anchor

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Naked scientist: Gene immunotherapy could reverse multiple sclerosis

Naked scientist: Gene immunotherapy could reverse multiple sclerosis

The Naked Scientist Chris Smith explains how the new technique may suppress destructive immune cells that create MS.

[LISTEN] Makhosi Khoza spills the beans on why she quit the ANC

[LISTEN] Makhosi Khoza spills the beans on why she quit the ANC

She says President Zuma was uncomfortable with her and her decisions which saw changes to the ANC and Motsoeneng ousted.

Reserve Bank files urgent application against Public Protector's findings

Reserve Bank files urgent application against Public Protector's findings

Legal Representative for SA Reserve Bank Chris Moraitis says they want court to set aside Mkhwebane's proposed remedial action.

The Constitution is safe with Mogoeng - Judith February

The Constitution is safe with Mogoeng - Judith February

Judith February shares her thoughts on the #SecretBallot ruling and how Zuma is "trite" with real concerns from citizens.

Makhosi Khoza 'taken aback' by Mkhwebane's Absa findings

Makhosi Khoza 'taken aback' by Mkhwebane's Absa findings

Stephen Grootes asks Khoza why Busisiwe Mkhwebane was deemed the perfect fit for Public Protector and her views on recent events.

#GuptaLeaks inquiry: We shouldn't hold our breaths - Brown

#GuptaLeaks inquiry: We shouldn't hold our breaths - Brown

Leaked emails implicating members of the Gupta family in alleged State Capture will be probed by a judicial commission of inquiry.

Popular articles
KPMG International's meeting with Pravin Gordhan

KPMG International's meeting with Pravin Gordhan

The Money Show’s Bruce Whitfield interviews Pauli van Wyk, a journalist with Scorpio at Daily Maverick.

'KPMG must fall, it's as simple as that' - caller

'KPMG must fall, it's as simple as that' - caller

In the wake of recent allegations, Eusebius McKaiser asks listeners what should happen to KPMG in South Africa.

KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

KPMG SA’s new CEO opens up about the future of the disgraced auditing firm

The Money Show’s Bruce Whitfield interviews KPMG South Africa CEO Nhlamu Dlomu.

Ocean View activist speaks: We have had 20 murders in 2017 alone

Ocean View activist speaks: We have had 20 murders in 2017 alone

Sharone Daniels, a community activist in Cape Town's Ocean View says they need police intervention to end gang violence.

Civil engineer devises plan to use stormwater in Cape Town

Civil engineer devises plan to use stormwater in Cape Town

Civil engineer and Ph.D. researcher John Okedi speaks to CapeTalk host John Maytham about his plans.

[WATCH] Day-Zero for water running out fast approaching?

[WATCH] Day-Zero for water running out fast approaching?

A government employee emailed John Maytham about what he or she believes is the real state of play with the Cape water crisis.

Sasfin CEO opens up about dumping KPMG

Sasfin CEO opens up about dumping KPMG

The Money Show’s Bruce Whitfield interviews Sasfin CEO Roland Sassoon.