BizNews Radio

Asked for the ANC's best-case scenario, William Saunderson-Meyer couldn't find one, only least-worst options for a party he said may be in terminal decline. A week before the local government elections, the Jaundiced Eye columnist told Alec Hogg why the neatest deal on paper, an ANC-DA partnership that most voters of both parties say they would accept, may be the one the ANC can't bring itself to sign. He likened ANC power-broking to feudal barons around a king, explained why the feud with MK runs deeper than any rivalry with the DA, and argued MK was likelier to win eThekwini outright than the DA was to take Joburg alone. He also weighed whether Joburg's polls are underselling the DA, whether Tshwane's water crisis will cost ActionSA, why spoiling a ballot this time would be "a complete sacrilege", and why Gayton McKenzie's charm keeps working in the Western Cape.

Security analyst Willem Els tells Chris Steyn that the collapsed plea deal behind Cat Matlala's unsigned 25-page statement, which throws former deputy national commissioner Shadrack Sibiya and former police minister Bheki Cele under the bus, hands investigators a money trail even if it can no longer be used in evidence. Alec Hogg tells the BizNews Premium community what stood out from his Enoch Godongwana interview: Transnet's private rail lines, Eskom's turn, and the push to fix South Africa's exploration record. Pick n Pay's Sean Summers hits back at talk of slowing momentum. Plus Boeing's worst day in 18 months.

In this interview with Chris Steyn, Willem Els of the Security Initiative for Africa (SIA), comments on the R2,7-million legal bill racked up by special leave Police Minister Senzo Mchunu and President Cyril Ramaphosa’s continued failure to sack him. “He was supposed to be the saviour of the ANC and gather a lot of support in the province (KZN). And I think that is one of the reasons why it’s very difficult for the president to let him go.” With former President Jacob Zuma’s MKP predicted to triumph in the upcoming LGEs in KZN, Els describes how Zuma used intelligence apparatus to further his political ends during his tenure - amid current court revelations that he even had State Security Agents (SSA) agents infiltrate and spy on EFF leadership. As for allegations in an affidavit by tenderpreneur Cat Matlala of payments to former Deputy National Commissioner General Shadrack Sibiya, Els says: “That just tells you how valuable General Sibiya was for the syndicates...I think his legal woes and his problems have only started.” Lastly, Els shares good news in the fight against drug trafficking. “It is very interesting that a lot of these seizures …happened after the Madlanga Commission started to expose the political protection and also the operational protection of these syndicates.”

Pick n Pay CEO Sean Summers tells Alec Hogg the consumer is stretched by fuel, electricity and rent, and defends pushing break-even to 2029: you cannot wish for profit first and sales second. He has closed almost 200 stores in three years while the main rival opened 800. City Power whistleblower Stephanus Fourie tells Chris Steyn Johannesburg is practically bankrupt, questions where two bailouts are going, and says nothing changes until looters are jailed and their assets recovered. Dr Carla Mitchell on Africa's first moon mission, delivered for under half a million dollars. Plus Anthropic's IPO filing lifts Wall Street.

Three years ago, Sean Summers said, the talk at South African braais was whether Pick n Pay would survive at all. On results day, with the supermarket business still losing R516 million in six months and break-even pushed out to 2029, he told Alec Hogg why he wasn't in a hurry. He explained how the five-month stand-off with SACCAWU ended in a deal rather than retrenchments, what he said finally brought "seriousness into the room", and why he believed Pick n Pay was now outgrowing rivals that have opened hundreds more stores. He also took on the hard questions: whether being CEO of Pick n Pay and chair of Boxer is a conflict, why the market values the group at less than its Boxer stake, and what Spencer Sonn inherits when he arrives in February. His message to investors was blunt: it's not if, but when.