“Fearless” politics to rid SA of the cadres & the comrades

Loading player...
The CEO of the South African Housing and Infrastructure Fund and President of the new political party, MOVE SA, Rali Mampeule, has joined the hotly-contested race for Mayor of the City of Johannesburg. In this interview with Chris Steyn, he expresses confidence that he can duplicate in the public sector what he has achieved in the private sector. “In the last six years, through my fund, The South African Housing and Infrastructure Fund, we have delivered more than 68,000 land housing opportunities. …Let's compare that with what the mayor of Ekurhuleni has done in the last five years. I don't think you can match that…We've delivered eleven thousand six hundred and forty jobs through the SAHIF Fund (and) through my investment in a company called MetroFibre, which I bought from Patrice Motsepe, we have connected more than 500,000 households with fast Internet... We've taken more than 100,000 kids to school through the Mampeule Foundation…So we've done it - and we think we can do it better with a better budget from the public sector.” Mampeule advocates a brand of “fearless politics” to rid South Africa of the cadres and the comrades: “And we can go and dance with them in court. We are not scared of them. We're gonna fire the cadre deployees that don't know what they are doing.”
6 Oct 7AM English South Africa Investing · Business News

Other recent episodes

Preloved boots give Eastern Cape township rugby a boost

Across the Eastern Cape, boys and girls run onto rugby fields in their school shoes or a pair of tekkies. Lincoln Mali, founder of the Mzwandile Mali Schools Rugby Champions League, tells BizNews how a visit by businessman Paul Gardiner to Kwanobuhle township led to Boots for Boys and Girls,…
6 Nov 7AM 15 min

Solly Moeng: Mashaba and Zille, MK's rise, FF Plus, Malema

One day after the Local Government Elections in South Africa, in this interview with Chris Steyn - just after four o'clock and with 43% of the results in - political commentator Solly Moeng says Action SA leader Herman Mashaba and his party leadership need to listen to calls from voters…
5 Nov 11AM 26 min

BizNews Ricardo Portfolio update: Palantir, Uber, Lesaka, and Exemplar

Four companies BizNews owns reported in the same week, so Alec Hogg went back to his own valuations to see whether they still held. Palantir nearly doubled its revenue and its chief executive declared his intent to take "the entire market", yet one number nagged at Alec. Uber delivered a…
5 Nov 10AM 41 min