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
'In a school over 50% black, teachers were still majority white'

'In a school over 50% black, teachers were still majority white'

Pundits on the Eusebius McKaiser Show discuss private schools and their reluctance to hire black teachers.

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

So-called 'designer vaginas' are created through various surgical or non-surgical procedures, explains clinical sexologist Dr Eve.

'Cyril is the most popular president since Nelson Mandela'

'Cyril is the most popular president since Nelson Mandela'

Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.

[LISTEN] John Kani sketches stories about his childhood, family life and more

[LISTEN] John Kani sketches stories about his childhood, family life and more

Kani has always had a way with words. He transports us to his early years, his mama's kitchen in New Brighton and travels abroad.

 'I struggle to see the artistic or the aesthetic brilliance in Mabulu's work'

'I struggle to see the artistic or the aesthetic brilliance in Mabulu's work'

Eusebius McKaiser and a caller weigh in on Ayanda Mabulu's latest artwork that was removed outside the JSE on Wednesday.

SA must be alarmed by 'recapture of SABC' for political purposes - activist

SA must be alarmed by 'recapture of SABC' for political purposes - activist

Broadcasting union Bemawu says the portfolio committee on communications has failed in its oversight role at the corporation.

Popular articles
Baby Daniel's mother 'in tears' in court

Baby Daniel's mother 'in tears' in court

Daniel's mother and her boyfriend are accused of abusing, neglecting and killing the three-year-old boy.

Nugent Commission recommends Moyane to foot own legal bill

Nugent Commission recommends Moyane to foot own legal bill

Business Day political editor Natasha Marrian weighs in on the Nugent Commission of Inquiry report released on Friday.

'In a school over 50% black, teachers were still majority white'

'In a school over 50% black, teachers were still majority white'

Pundits on the Eusebius McKaiser Show discuss private schools and their reluctance to hire black teachers.

Jawitz Properties sues property owner R320 000 for breach of contract

Jawitz Properties sues property owner R320 000 for breach of contract

Property owner Lynne Zurnamer says she waited for almost 12 months for Jawitz to sell her property and decided to cut ties.

[WATCH] Mom gets  a touching Christmas gift, a surprise visit from her daughter

[WATCH] Mom gets a touching Christmas gift, a surprise visit from her daughter

Khabazela shares tweets and Facebook posts that have gone viral.

'Cyril is the most popular president since Nelson Mandela'

'Cyril is the most popular president since Nelson Mandela'

Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.

Vusi Thembekwayo: I didn't know I was black until I became economically active

Vusi Thembekwayo: I didn't know I was black until I became economically active

Entrepreneur, public speaker and venture capitalist Vusi Thembekwayo talks about his early life and how he got into business.