Kooyman: Making SA investable again, pressure from Washington, and November’s election stakes

FirstRand just put its UK business up for sale after a motor finance mis-selling scandal turned an eight-year-old acquisition into a multi-billion-rand headache, and analyst Kokkie Kooyman of Denker Capital walked Alec Hogg through what it's actually worth. He explained why Capitec is quietly trying to build six versions of itself across Eastern Europe and Latin America, why South Africa's big three banks keep poaching each other's executives, and why a punishing war between Iran and the United States is, oddly, good news for bank profits and bad news for everyone else. He also weighed in on Washington's new visa restrictions on South African officials, what a strong DA showing in the upcoming local elections would mean for the rand, and why he thinks South Africa's own BEE rules are capping the entrepreneurial growth the country badly needs.