Intelligence analyst Jasmine Opperman warns Chris Steyn that instability ahead of the local elections could expand beyond the state's capacity to control, with the military underfunded and crime intelligence unable to pay sources. David Shapiro and Alec Hogg return to the Dimension Data Campus saga, asking why Jason Goodall would sign away R350 million, and whether the remaining directors' defence that NTT's Japanese owners knew all along can hold. Alec also unpacks Africa Bitcoin Corporation, where the board has publicly opposed its own 76% shareholder bloc's push for two new directors. Plus Wall Street's Friday rally.
October 11, 202636 min
The NdB Sunday Show: Pre-election instability could spread beyond government control
In this interview with Chris Steyn, Independent Intelligence Analyst Jasmine Opperman warns that an expansion of instability in South Africa in the lead-up to the Local Government Elections would likely be beyond the government's capability to control. “We have never seen the ANC in a crisis situation, political power-wise, as now. The fact of the matter is at the political level, they’re lost. If we look at their law and order, they are completely out of their depth. The military can only do so much, and once that fails, we have nothing else to fall back on.” She was speaking with the country in the grip of anti-immigration riots that have seen buildings and businesses and vehicles torched and looted with physical clashes between police and protestors. “I cannot help but think that the MK’s hand is involved in all of this…The quicker the ANC starts realising that ethnicity is a real issue and people are taking pride, the better. I just don't think that the police intelligence capability, nor national intelligence has the ability to realise that we must be careful here. We are walking into a spider web that can destabilise.” Opperman also gives the details behind the ransom paid for the South African held captive by Islamic State Mozambique, describes how they use collaborators to cash out ransoms at dedicated crypto currency ATMs, and identifies by name for the first time the IS leadership just across the border from South Africa.
October 9, 202625 min
BizNews Edge: Alec Hogg weighs in on DiData, answers questions on ABC/Altvest
One of the Campus Six has cracked. Jason Goodall, former chief executive of Dimension Data and NTT, signs a statement naming four former colleagues and agrees to pay NTT R208.6 million. In a special BizNews Edge, Alec Hogg reads the private WhatsApp Goodall sent those same colleagues on the day he settled, puts the four’s detailed reply on the record, and asks why a man would pay that much to say something untrue. Paul Hoffman SC explains why the appeal court may never consider the statement at all. Alec then turns to Africa Bitcoin Corporation, formerly Altvest, where the board has publicly opposed its own controlling shareholder. And he answers the questions put to him on social media: how BizNews came to own shares in the company, why it hasn’t sold them, and the disclosure he admits he should have made.
October 9, 202632 min
BizNews Edge: Unpacking both sides of the DiData Campus deal with David Shapiro
Two days after their first take on the Dimension Data campus saga, David Shapiro and Alec Hogg came back to it with the remaining four directors' rebuttal in hand. The four said Jason Goodall's statement contradicted what he had said under oath, and that NTT's Japanese owners knew about the deal all along. Shapiro and Hogg asked how that defence squares with Goodall's account, and why a man who rose to run NTT would hand back so much money and implicate his former colleagues. Shapiro questioned what the six's claimed R70 million stake actually bought them, wondered aloud what the sixth man's silence means, and admitted he owed Jeremy Ord an apology over his account of the company's share sales two decades ago.
October 9, 202615 min
BN Daybreak: Madlanga's Maumela question; Hoffman on DiData fraud; Afrimat; AI selloff
Political commentator Solly Moeng asks why the Madlanga Commission has heard Hangwani Maumela's name but has not called him, warning that commissions keep naming minions while the powerful are quietly protected. Paul Hoffman SC of Accountability Now unpacks Jason Goodall's bombshell confession over Dimension Data's Campus deal, saying it amounts to fraud and asking whether the criminal justice system will finally act. Afrimat CEO Andries van Heerden on the group's worst half ever, why cash generation held up, and the Lafarge lifeline. Plus Wall Street slides as an OpenAI revenue report hits chipmakers.
October 8, 202630 min
BizNews Edge: Paul Hoffman on BEE fronting, fraud
One of the campus six signed a confession and agreed to pay NTT R208 million. The other four said he was under pressure and cut a deal to save himself. Paul Hoffman SC of Accountability Now told Alec Hogg what Jason Goodall's statement means in law, and why the Supreme Court of Appeal, which reserved judgment in May, may not be able to consider it at all. He set out the criminal exposure he believes the remaining directors face, from fraud and conflict of interest to PRECCA and BEE fronting, and what he would advise the man who has gone quiet. He also explained how a plea deal could turn Goodall into a state witness, why no prosecutor has yet shown an interest, and why he thinks white-collar criminals in South Africa still calculate that they will get away with it.
October 8, 202618 min
Solly Moeng: The illusion of SA’s “clean-up’” commissions”...
In this interview, Chris Steyn talks to political commentator Solly Moeng about concerns relating to President Cyril Ramaphosa’s future handling of the recommendations of the Madlanga Commission. “We have to be supremely naive to think that the president doesn't go back to the party that deployed him to the top leadership of the ANC and just look at who sits around the table in the party to say, guys, here's a report. What do we do about it? So the discussion that we should be having in South Africa is what happens when the people who must implement the recommendations of the commission's report are themselves a problem.” As for certain people still not being called or still avoiding appearances before the commission, Moeng says “It's very easy, in the current system, for the public to be thrown peanuts and we're like, yeah, yeah, things are happening. But the key honchos get away with a lot of stuff because of political management of the evidence that comes from the commissions. It cannot just give us peripheral evidence from the branches of a tree while the core evidence that sits in the trunk of the tree is not called because there might be some political sensitivities around such evidence.” Moeng also gives his take on the “three monsters of his own creation” being faced by suspended Deputy National Commissioner General Shadrack Sibiya.
October 8, 202628 min
BizNews Edge: CEO van Heerden unpacks Afrimat's toughest six months since listing
Afrimat has been on the JSE for 20 years and has never had a half like this one. A strong rand and Iran-driven shipping costs battered its iron ore exports, the ferrochrome smelters that bought its anthracite went quiet, and the group swung to a headline loss. Yet a day after the trading update, Andries van Heerden was not in retreat. He told Alec Hogg how the old Lafarge quarries, mocked when Afrimat bought them, had kept the group afloat, why a new iron ore mine could change the maths before the year is out, and why he would say no more about the cement talks for fear of straying into insider information. He also faced the question every shareholder was asking: is this the bottom? His answer was more honest than comforting.
October 8, 202617 min
How to hold local government accountable | Paul Smith
In this interview Paul Smith, the Head of Local Governance at Kagiso Trust, talks to Chris Steyn about the launch of the #StartWhereYouAre Playbook, the anchor tool of its nationwide #StartWhereYouAre active citizenship and voter education campaign leading up to the 2026 Local Government Elections. He describes how the playbook can be a tool for shifting the relationship between citizens and their government from passive acceptance to active engagement. The practical guide shows South Africans exactly how to move from wanting to participate to exactly what they can do. The playbook uses a comic-strip format with relatable characters and everyday scenarios to demonstrate the citizen action cycle: Notice → Understand → Report → Organise → Follow up.”We have to think carefully about how we sever the incestuous relationship between administration and politics. We have to break the link between those who have got to deliver and those who have to do oversight… Once we have a government in place, it's no longer worth moaning. It's about how we work with that government and start creating the future we desire as a collective.”
One of the Campus Six broke ranks this week, and David Shapiro said it was only ever a matter of time. On BN Daybreak, he unpacked Jason Goodall's admission in the R1.4bn Didata property saga and asked who would carry the can now; the four executives Goodall named deny wrongdoing. Safe Citizen's Jonathan Deal argued that South Africa takes its standards from the very top. Police committee chair Ian Cameron said SAPS had spent its budget while reaching barely half its targets, and should not be handed more money. Kagiso Trust's Paul Smith set out how voters could hold councils to account after 4 November, and Piet Viljoen explained why cheap local shares could pay off even if nothing changed.
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