The Cape at the precipice of descent into a “Narco State”

Loading player...
The Cape is “at the precipice of descent into an effective Narco State” - and the executive leadership of the provincial or national government is not “anywhere near suitably cognizant as to how few minutes or seconds remain before reaching the proverbial midnight”. This is the warning from counter-crime activist Andrew Charter, who is also the Chairman and CEO of The Nanodyn Group. Speaking to BizNews about his plans to set up a Joint Fusion Centre in the Wellington area, he explains why he believes the Cape is at a “pre-Escobarian” stage of syndicate development - and on its journey to the establishment of a “professional” class. “And at that point, you're dealing with a corporatised institution, exactly what transpired in a place like Brazil. I was very involved there in another life in the internal security domain, sitting with Crime Intelligence persons there…I’m not saying it's a six-month trajectory, but I'm very, very concerned that it's within the orbit of, you know, two Rugby World Cup cycles or three Rugby World Cup cycles, it's coming…” Charter describes what life will be like in a South Africa with “areas completely outside of state control”.
27 Jan 7AM English South Africa Investing · Business News

Other recent episodes

Payroll tech company Allwage tackles wage pain points: Ghost workers, fraud – loan sharks next

In South Africa, countless businesses still rely on outdated systems—like paper timesheets and manual tracking—for wage management. Yet millions of workers carry smartphones in their pockets, unlocking a prime opportunity for innovation. Enter Allwage: harnessing mobile tech to streamline payroll, boost accountability, and revolutionise wage-earner oversight. Co-founder Cilliers Geldenhuys explains…
12 Dec 6AM 14 min

Director’s Cut: Piet Viljoen - Why Mr Price’s R10bn Germany gamble could blow up

Value investor Piet Viljoen breaks down Mr Price’s German gamble, Spar’s costly EU exit, Famous Brands’ offshore stumble, and why HCI’s buybacks make far more sense than chasing “expensive fairy tales” abroad. From Eskom’s industrial rescue talks to Transnet’s slow turnaround and the ANC’s political bluster, Viljoen gives Alec Hogg…
10 Dec 9PM 29 min