Sakeliga attacking ‘next-level’ BEE, advises more State-proofing no matter who wins Election’24

Loading player...
In this powerful interview, Sakeliga’s CEO Piet le Roux unpacks his organisation’s fightback against the ‘third wave’ of BEE typified in efforts to make it compulsory for SA’s 40 000 estate agencies. Despite Pretoria’s growing legislative encroachment, Le Roux is upbeat about South Africa’s future: ‘State-proofing’ is being rapidly adopted by businesses and is laying the foundation for growth in the collective power of businesses to counter a weakening and increasingly ineffective central government.  He told BizNews editor Alec Hogg that the next decade will be turbulent, but is confident the nation will emerge a lot stronger.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
1 May 2024 12PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: NPA drops police charges; Burke defends crypto fintech; US markets bounce back

In today's episode, the NPA formally drops corruption charges against high-ranking police officers following unravelling testimony at the Madlanga Commission. Meanwhile, an MP breaks his silence on his fintech, Kastelo, explaining its cryptocurrency arbitrage model and denying accusations of siphoning money out of South Africa. Finally, we cover Wall Street's…
23 Aug 11PM 10 min

Mark Burke breaks his silence on the Kastelo storm: “The ANC will not succeed”

Mark Burke discusses Kastelo’s regulatory dispute with the South African Reserve Bank, explaining the company’s compliance processes, client mandates, offshore investment transactions and decision to halt operations amid the blocking order. He also addresses the political fallout, media coverage and his decision to step back from the DA’s finance cluster…
21 Aug 6AM 45 min