Open Line on blessers, money lost after Nene fired, and amount Zuma should pay

On the Open Line this morning Redi Tlhabi talked about the 'blesser' phenomenon and the young women that are targeted. She asked listeners who have ever had a sugar daddy to call in and share their stories. Do these men put the lives of these young girls at risk sexually?

The Public Investment Corporation's Daniel Matjila was on the line talking about the costs of Nene's firing on their investments and how they managed to recover once Pravin Gordhan was reappointed.

We didn't lose R100 billion. The portfolio dropped by R100 billion from 9.11 to 10.11...it was paper losses, and the market recovered quite considerably. By December, the portfolio had fully recovered those paper losses.

Daniel Matjila, CEO PIC

Redi Tlhabi questioned the issue around Nkandla money to be paid back by president. he may only be made to pay back no more than R1 million. is that a 'reasonable' amount?

Should the president pay back the entire amount, including the inflated costs charged by suppliers?

Many listeners called in saying Zuma is responsible for the entire amount while others were more generous saying he should only pay back the real cost.


Recommended

by NEWSROOM AI
Read More
SA hasn't yet succeeded in fulfilling vision of the Constitution, panel says

SA hasn't yet succeeded in fulfilling vision of the Constitution, panel says

Eusebius McKaiser hosted a discussion on the gap between the vision of the Constitution and the lives of people in South Africa.

'Punitive action not the best response for employees battling with alcoholism'

'Punitive action not the best response for employees battling with alcoholism'

This HR exec says bosses needs to be more supportive towards staff affected by alcoholism, substance abuse or any other addiction.

Daniels admits wrongdoing: 'I signed off invoices for Ngubeni's legal fees'

Daniels admits wrongdoing: 'I signed off invoices for Ngubeni's legal fees'

Eskom's former legal head Suzanne Daniels speaks to Eusebius McKaiser about signing controversial legal fees for then Eskom chair.

South Africa is leadership bankrupt, says Bonang Mohale

South Africa is leadership bankrupt, says Bonang Mohale

Business Leadership SA CEO Bonang Mohale has called out black leaders in the country who use their blackness for selfish gains.

'Its not good enough to say you just found out that SA trains are never on time'

'Its not good enough to say you just found out that SA trains are never on time'

Eusebius McKaiser shares his views on president Cyril Ramaphosa's train expirience on Monday.

Undecided voter? Let the data guide you, says James-Brent Styan

Undecided voter? Let the data guide you, says James-Brent Styan

Author and government spokesperson James-Brent Styan shares his views on how South Africans should determine their vote in May.

Popular articles
Public Protector: 'Classified' doc at centre of SSA spat obtained anonymously

Public Protector: 'Classified' doc at centre of SSA spat obtained anonymously

The Public Protector laid a criminal complaint against the State Security Minister over the supposedly classified state document.

South Africa can have cheap electricity, forever! – former Eskom engineer

South Africa can have cheap electricity, forever! – former Eskom engineer

The Money Show’s Bruce Whitfield interviews Dr Tobias Bischof-Niemz, CEO at ENERTRAG South Africa.

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

Meet Sandile Shabalala, CEO of black-owned and controlled TymeBank

TymeBank has no branches and no monthly fees. Most transactions are free. Bruce Whitfield interviews its CEO.

Buying a used car? New app sends mechanic to inspect it before you decide

Buying a used car? New app sends mechanic to inspect it before you decide

Hanru Reyneke is on a mission to disrupt the used-car industry in South Africa by providing peace of mind to punchdrunk consumers.

What are the rules and regulations when it comes to owning a generator?

What are the rules and regulations when it comes to owning a generator?

A listener on the Afternoon Drive has shared his frustrations with a neighbor's noisy generator and the health risks it posed.

NSFAS to probe claims of unpaid funds causing students to resort to loan sharks

NSFAS to probe claims of unpaid funds causing students to resort to loan sharks

Students claim they have not received their NSFAS meal allowances and are forced to borrow from loan sharks to survive.