A half-mast idea that won’t go away - Nathi Mthethwa’s R22m flag

Loading player...
In some ways it’s the gift that keeps on giving to opposition parties as Arts and Culture Minister Nathi Mthethwa indicates the R22m flag project remains on the table. His counterpart on the opposition bench, Tsepo Mhlongo of the DA, has lambasted Mthethwa in an interview with BizNews for the tone-deaf approach to what he calls a “vanity project”. In response to a parliamentary question asked by Mhlongo, the minister wrote that: “Cabinet’s decision to erect a monumental flag and the review of the project as proposed will be referred to Cabinet for further discussion and final decision. The budget of R22m that was allocated for the monumental flag project over two financial years is within the infrastructure unit of the department.” As a result of the funds already being available, Mthethwa says there is no need for any public participation process to reallocate the funds to any other project. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Jul 2022 9AM English South Africa Investing · Business News

Other recent episodes

Jacques Broodryk - AfriForum goes after the elusive Guptas…

AfriForum has asked the National Director of Public Prosecutions, Advocate Andy Mothibi, for an urgent update on the much delayed extradition of the Guptas who allegedly benefited from State Capture to the tune of between R50 and R70 billion. In this interview with Chris Steyn, Jacques Broodryk, AfriForum’s Chief Spokesperson:…
21 May 5AM 9 min

BN Daybreak - Thu 21 May 2026: Nvidia; SpaceX; Anthropic; Fed Hikes; Oil Shock; SA Infrastructure; Hartley on BRICS

In today's BizNews Daybreak, Nvidia delivers an upbeat sales forecast and multi-billion-dollar buyback plan, while SpaceX prepares for the world’s largest ever IPO. Meanwhile, Anthropic reports surging Claude revenue, and Fed minutes signal potential interest rate hikes. In global affairs, Middle East tensions cause oil market volatility, raising economic risks…
20 May 11PM 12 min

George Glynos - The Rand's Reckoning

The South African rand looks resilient - but George Glynos warns that appearances are dangerously deceiving. In this interview with Irakli, ETM Analytics Co-Founder and Head of Research lays out exactly why the risks are building asymmetrically against the rand - and why complacency could prove costly. On the scale…
20 May 10AM 11 min

Accretiv doubles down on US industrial property | Webinar

Martin Freeman and Justin Clarke unpack why US industrial real estate — particularly “shallow bay” facilities linked to manufacturing and logistics — is emerging as a standout opportunity. They discuss the impact of AI-driven data centre investment, America’s onshoring push, interest rate dynamics, and Accretiv’s latest Alabama acquisition tied to…
20 May 10AM 42 min

Ray Hartley - BRICS loses its clout

BRICS is suffering an identity crisis — and its foreign ministers' gathering in New Delhi has done nothing to resolve it. In this interview with Irakli, Platform for African Democrats custodian Ray Hartley asks the defining question: "What is the point of BRICS?" He warns that the bloc has become…
20 May 8AM 7 min