What Gives? Diamonds in South Africa are losing their sparkle?

Peter Major, Director of Mining at Morden Corporate Solutions, and Motheo Khoaripe examine the factors that still hinder the diamond industry in South Africa.

Can an Advisory Committee drive infrastructure development in the country?

To further advance the nation's infrastructure development, Minister Dean Macpherson is forming an Infrastructure Advisory Committee. Senior Lecturer at Wits Business School Lumkile Mondi joins Motheo Khoaripe to discuss the new committee's role and if it would be sufficient to help with infrastructure development.

Africa Business Focus

With host Motheo Khoaripe, Daniel Van Dalen, Senior Analyst, Country Risk and Political Risk, breaks down the most significant business stories from Africa that have occurred recently.

Personal Finance - where to invest your stock market money for the next decade.

Warren Ingram, co-founder of Galileo Capital and personal finance speaks to Motheo Khoaripe about where to invest your stock market money for the next decade.

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Meryl Pick, Portfolio Manager at Old Mutual Investment Group goes through companies news, local and international markets with host Motheo Khoaripe.

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The tax agency's ability to pursue taxpayers with intricate tax planning structures using evidence obtained behind closed doors has been confirmed by the Supreme Court of Appeal's following its decision to dismiss Christo Wiese and his associates' appeal in their R217 million tax dispute with the SA Revenue Service (Sars).Pieter Faber, senior tax executive at SAICA provides analysis on how this highlights the powers of the tax agency to use evidence gathered behind closed doors to pursue taxpayers with complex tax planning structures

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The nuclear regulator for South Africa, NNR, has announced that one of the plant's two units may continue to operate for an additional 20 years at the Koeberg nuclear power station.
Unit 1 of the plant, west of Cape Town was set to have its 40-year operating license expire this month, but state-owned power company Eskom requested a 20-year extension to continue operations in an attempt to alleviate the severe power outages. We are joined by Princess Mthombeni, creator of Africa4Nuclear, to discuss the implications of the regulator's decision for the nation's power system over the next 20 years and how it will move away from a coal-dominated energy mix.

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• In South Africa, the illicit tobacco trade has actually grown to be a serious problem. Because of the growing illegal trade, British American Tobacco (BATSA) has had to reduce the amount of products it distributes and delivers directly to consumers. This has resulted in a decline in sales volumes. It is estimated that over 70% of all cigarettes consumed in the nation come from the illicit sector, with fewer than 30% coming from the legal market. To provide us with further information, Johnny Moloto, Area Head of Corporate & Regulatory Affairs for BAT Sub-Saharan Africa, speaks with host Motheo Khoaripe.
• With 15 years of experience, Rose Digital helps you expand your company with data-driven digital strategy and interesting content.

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• The SA Municipal Workers' Union (Samwu) has reached a one-year pay deal for a 7% raise for workers in the water industry represented in the Amanzi Bargaining Council. The growth rate surpasses the inflation rate of 5.2% observed in April and May. The largest municipal union, Samwu, which represents more than 160,000 of the almost 300,000 municipal employees in the nation, and the water boards of South Africa have an agreement that will last from July 1 to June 30, 2025. Speaking about this arrangement with host Motheo Khoaripe is national media officer Papikie Mohale.
  
  
• The escalation of geopolitical risks brought about by the continuing conflicts, which started with Russia's invasion of Ukraine and proceeded with the outbreak of hostilities in the Middle East. Due to this, there is now a greater demand for gold, which is often regarded as a safe haven asset. The rush for protection, the increase in gold recycling, worries about inflation, and central bank purchases are additional motivators. Morningstar South Africa's Senior Investment Analyst Michael Kruger goes into further detail on this in a lengthy interview with host Motheo Khoaripe.
• In May 2024, mining production decreased. Seasonally adjusted mineral sales at current prices decreased by 8.0% from April 2024 to the same month in 2024. Nonetheless, sales did exhibit a noteworthy trend, increasing by 9.8% in May compared to April. Following monthly fluctuations of 8.9% in March and -0.2% in April, this occurred. Host Motheo Khoaripe chats with Sitef & Co. founder and director Mihlali Sitefane to provide more details.
• In South Africa, there have been several odd weather events in recent months. These have included tornadoes that are unique in the KwaZulu-Natal area of South Africa, floods in the Eastern Cape, and mid-latitude cyclones in the Western Cape. The increase in global temperature resulting from a rise in carbon emissions is one of the primary causes of climate change. 2024 is one of the two years in which temperatures have reached record highs. Lee-Anne Bac, Director, Tourism Specialist Unit, BDO South Africa, talks about the extent of the damage with host Motheo Khoaripe.
• Scientists have criticized the government's most recent census, arguing that it is so flawed that it cannot be relied upon to track the success of critical programs like children's vaccinations or to allocate cash and resources. Stats SA's projection of 62 million people for the 2022 census is exaggerated by one million, and there are similarly significant discrepancies at the district and municipal levels. Dr. Pali Lehohla, a former statistician-general from South Africa, shares the tale with host Motheo Khoaripe.

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• A man who played a key role in the R1.9 billion loss at VBS Mutual Bank pled guilty to charges of money laundering, theft, fraud, and racketeering. As part of a plea and sentencing agreement with the State, former VBS head Tshifhiwa Matodzi pleaded guilty to 33 charges on Wednesday in the Gauteng High Court in Pretoria. He received a 15-year prison sentence as a condition of the agreement. In an interview with host Ray White, Pauli Van Wyk, a writer for Daily Maverick's Scorpio division, offers more background on this subject.
• Following ArcelorMittal SA's (Amsa) announcement that its long-running steel division will remain functioning, a significant chunk of the steel value chain as well as the manufacturing sector in South Africa have expressed relief. This story is discussed by journalist Phillipa Rodseth and anchor Ray White on Business Live.
• Despite the downturn in M&A markets in many countries due to rising interest rates, the importance of ESG in acquisitions has increased globally in the previous twelve to eighteen months, according to the third year of the global organization's ESG Due Diligence study. Host Ray White, speaks with Ben April, the Director of ESG Leader Africa Financial Services at KPMG, about these findings.
• In addition to seizing over thirty laptops for further examination, four senior DPWI managers were put on precautionary leave. This story is discussed by host Ray White and Mybroadband Editor Jan Vermeulin.

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