Place in KwaZulu-Natal, South Africa
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This evening we dive into the latest market movements with Rand Swiss, we speak to ex-banker turned professional investor Dave Woollam about Tongaat's liquidation application, Denker Capital unpacks Swiss Banque Pictet & Cie opening in SA, Bowmans issues a warning about a potential market inquiry looking into banks' lending practices, and TaxTim shares tips on how taxpayers can make the most of the looming February tax deadline. SAfm Market Update - Podcasts and live stream
Die Suid-Afrikaanse suikernywerheid staar 'n ernstige krisis in die gesig met Tongaat Hulett wat nader aan likwidasie beweeg. Die maatskappy se meulens, raffinaderye en verbouing van suikerriet ondersteun duisende klein- en grootskaalse produsente in KwaZulu-Natal en Mpumalanga. Die voorsitter van die SA Suikerrietkwekersvereniging, Higgins Mdluli, waarsku die ineenstorting bedreig die lewensbestaan van duisende suikerrietprodusente. Mdluli doen 'n beroep op die regering en Tongaat se reddingspraktisyns om dringend die voortsetting van die meulbedryf te verseker en produsente se inkomste te beskerm:
Stephen Grootes speaks to Neil Cocker, Vice President of Operations for Zimbali Lakes, about the bold R20 billion Zimbali Vision 2030 development, which promises jobs, homes, and a transformative marina at the Tongaat River mouth. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
After dead fish washed up at the Tongaat River mouth last month, residents demanded answers. We sit down with Siza Water to unpack what caused the contamination, why it wasn't detected sooner, and what's being done to prevent another spill. Radio Life & Style on Facebook · The Morning Show Sponsor: Excellerate Security
Here's your latest ECR Newswatch bulletin from the team at East Coast Radio. Website
Here's your latest ECR Newswatch bulletin from the team at East Coast Radio. Website
Three men have begun serving life sentences for the murder of Tongaat teenager Andile 'Bobo' Mbuthu. Website
Earlier this year, Mr. Viven Gounden was featured on East Coast Breakfast after his home was completely destroyed by the Tongaat tornado, during which he tragically lost his wife. On Wednesday morning, Darren, Sky, and Carmen invited Mr. Gounden back to the studio on what would have been his wedding anniversary. He thought he was coming for a catch-up, but what happened next took him by surprise. Listen to the full podcast on ecr.co.za, under East Coast Breakfast! Webpage
It's five years since massive accounting fraud was exposed at Tongaat Hulett, plunging KZN's largest industrial group into a death spiral. With little incentive to end their regular income stream, fee-earning “super helpers” have been feasting on the company's carcass, while bankers delude themselves by charging notional interest on debts that will never be repaid. Yet some excellent assets are still there to be grabbed - and sensing fatigue of shareholders, corporate vultures have been gathering. Corporate activist Dave Woolam shares the latest twist in the sorry saga with BizNews editor Alec Hogg.
Editor Alec Hogg and the BizNews team provide context on the biggest stories of the past week. Covered this week are the governance mess in the Joburg Metro; board level corruption called out at the Comrades Marathon Association; why shareholders rejected an opportunistic takeover bid for bankrupt Tongaat Hulett - and the real reason why Warren Buffett's Berkshire Hathaway sold 500m shares in Apple Inc.
Dave Woollam – Independent analyst SAfm Market Update - Podcasts and live stream
This evening on the money show, Amabhugane Investigator Sam Sole talks about the challenges the Tongaat sector is facing & Lumkile Mondi, a senior lecturer at Wits Business School, explains why state-owned utility Eskom was hit with a suspended R3 million punishment and public censure by the Johannesburg Stock Exchange for not adhering to its debt listing requirements. And more…See omnystudio.com/listener for privacy information.
Sam Sole, Investigator with Amabhugane, discusses the difficulties the Tongaat industry is facing with Motheo Khaoripe. See omnystudio.com/listener for privacy information.
On Thursday morning East Coast Breakfast had the most incredible morning on Mandela Day when visiting the Newtown Community Hall in Tongaat. The team did a follow up to see how your contributions to the value of R1.6 Million helped uplift the community. This podcast features Nonhlanhla Ntuli, who is one of the affected community members Webpage
On Thursday morning East Coast Breakfast had the most incredible morning on Mandela Day when visiting the Newtown Community Hall in Tongaat. The team did a follow up to see how your contributions to the value of R1.6 Million helped uplift the community. Bilall Jeewa, Gift of the Givers Community Liaison Officer is featured in this podcast Webpage
Thursday 18 July 2024 is Mandela Day, and Darren, Sky, and Carmen will be in Tongaat to give you some feedback on the R1.6 Million raised for The Gift Of The Givers and the Tornado victims during their WhatsAppathon earlier this year. But maybe you are not part of a big organisation, or you don't have a big budget to go out and cook for people. So, East Coast Breakfast asked for a couple of simple things you can do on Mandela Day, without much money or planning. Webpage
Die kommissaris van Polisie in KwaZulu-Natal, Nhlanhla Mkhwanazi, het ‘n ondersoek gelas na wangedrag deur die polisie, soos vasgevang op geslotebaantelevisie in Tongaat. Die beeldmateriaal toon hoe beamptes ‘n man sonder provokasie aanrand. Mhkwanazi eis ‘n volledige verslag en regstellende optrede teen diegene wat die gedragskode en die grondwet oortree. Die woordvoerder van die Polisie, Robert Netshiunda, maan beamptes om die wet te gehoorsaam.
Die burgemeester van eThekwini, Mxolisi Kaunda, sê die beraamde koste van die herstel van elektrisiteits-, paaie- en behuisingsinfrastruktuur wat in storms beskadig is, is 481,7 miljoen Suid-Afrikaanse rand. Swaar reën, oorstromings en 'n tornado het dele van KwaZulu-Natal verlede week getref en tien mense is dood. Die gebiede wat die swaarste getref is, is Tongaat, Illovo, Umgababa en Kingsburgh. Kaunda sê duidelike kriteria moet neergelê word om natuurrampe aan te pak in gevalle war mense nie versekering het nie en om bedrog aan te spreek:
eThewkini's Executive Committee has recommended that areas in and Tongaat be declared local disaster zones. Website
In times of adversity, our province has shown its resilience and community spirit. Last Friday, East Coast Radio hosted the first-ever WhatsApp-a-thon in collaboration with The Gift Of The Givers to aid the Tongaat Tornado Disaster victims. Thanks to your incredible generosity, we raised an astonishing R1.6-million! R1.6-million raised for Tongaat's recovery during ECR's WhatsApp-a-thon · Webpage
Last week, parts of KZN were devastated by a tornado, leaving many families and communities in need of urgent assistance. Our province rallied together to support those affected. East Coast Breakfast launched a WhatsApp-a-thon to facilitate and encourage donations at Vishwaroop Temple. Homes have been damaged, essential supplies have been lost, and many residents are struggling to cope with the aftermath. These residents need everything. Every donation, no matter how small, can make a significant impact. Webpage
Darren Maule is very pleased to announce that with all of the donations during our WhatsAppathon, we have managed to raise so much money that will go directly to The Gift Of The Givers who will distribute it to those in need in Tongaat! Webpage
A Tongaat man has told East Coast Breakfast about the heartbreaking moment he lost his wife when Monday's tornado destroyed their home. On Monday afternoon, large parts of KwaZulu-Natal (KZN) were battered by damaging winds and torrential rain. Some areas, particularly in Tongaat, were devastated by a wedge tornado. The East Coast Breakfast team, in collaboration with The Gift of the Givers, hosted a first-of-its-kind 'WhatsAppathon' on Friday morning. The event was broadcast live from the Vishwaroop Temple in the Tongaat area to raise funds for those affected. One Tongaat resident, Viven Gounden, (pictured below) joined the East Coast Breakfast team to share his story. He told the team how his wife, Rennisha, died after the collapse of their home. According to Gounden, he managed to shield his seven-year-old son, but the strong winds caused the ceiling to collapse. "In one minute, everything stopped; the entire house was completely wrecked." As a nurse, Gounden immediately attempted to resuscitate his wife, but was unable to sustain his efforts due to the severity of her injuries. Webpage
East Coast Breakfast, in collaboration with Gift of the Givers, was at Vishwaroop Temple to collect donations and provide updates on the relief efforts. This was a fantastic opportunity to see firsthand how your contributions are making a difference and to join a community united in support and solidarity. Support Tongaat's Recovery: Join ECR's WhatsApp-a-thon and Donate Today · Webpage
Darren, Sky, and Carmen are broadcasting live from Vishwaroop Temple from 6-9 AM. Come down and drop off items such as clothing, shoes, non-perishable food items, pet food, water, building supplies, toiletries, and more. Every item donated will help someone in need. Support Tongaat's Recovery: Join ECR's WhatsApp-a-thon and Donate Today · Webpage
The Seatides Combined School in Tongaat has roped in a team of engineers to assess the damage caused by Monday's storm and tornado: Website
East Coast Radio and our province have been deeply moved by the recent crisis in Tongaat. In times of adversity, unity is what helps our province. Thanks to your help, we were able to do just that for those affected by the severe weather conditions. Webpage
Die Suid-Afrikaanse Weerdiens sê die storm wat in dele van KwaZulu-Natal gewoed het, was ʼn tornado. Die ontwrigtende reën en sterk wind het chaos veroorsaak in Tongaat, Ballito en Durban se middestad. Wydverspreide skade aan paaie en infrastruktuur is aangemeld, maar geen beserings of sterftes nie. Die Suid-Afrikaanse Weerdiens se hoofweervoorspeller, Kevin Rae, sê nog reën en moontlik ook sneeu word verwag in die hoogliggende gebiede van die Wes-Kaap, Oos-Kaap en KwaZulu-Natal:
Roshan Lil-Ruthan, communications spokesperson and liaison officer of the Verulam Water Crisis Committee, is spearheading the initiatives in the Tongaat area as we take stock of the severe weather conditions from yesterday. We have him on the line with a heartwarming update.
Here's your latest ECR Newswatch bulletin from the team at East Coast Radio. Website
Police in Tongaat have opened a case of murder and inquest, after two people were killed in a shooting in the Belvedere area. Website
KwaZulu-Natal police have nabbed a suspected hitman linked to the murder of five people on a Tongaat road last year. Website
Government pledges water restoration in Verulam, Tongaat, and Phoenix following community protests by Radio Islam
Tongaat residents are threatening protest action over the latest water outages. Website
Johan Gouws, hoof van adviesdienste by Sasfin Wealth gesels oor die markte, bitcoin-fondse wat die groen lig kry, en Robert Gumede se konsortium wat Tongaat oorneem. Volg RSG Geldsake op Twitter
See omnystudio.com/listener for privacy information.
Guest: Rob Rose | Editor at Financial Mail and author of the grand scam.See omnystudio.com/listener for privacy information.
Four people have been killed in a multi-vehicle crash near Fairbreeze in Tongaat, north of Durban. Website
Dave Woollam – Independent analyst SAfm Market Update - Podcasts and live stream
Tongaat residents say they are fed up with the ongoing water issues as another leak interrupts supply. Website
Chris Logan – stigter van Opportune Investements Volg RSG Geldsake op Twitter
A mudslide caused by torrential rain has swept through an informal settlement in Tongaat this morning.
The sister of a Tongaat teenager who was murdered, allegedly after stealing liquor from a local tavern, has told of the day a neighbour ran to tell them her brother was being beaten up in a locked room.
Dr Thomas Funke, uitvoerende hoof van die Suid-Afrikaanse Suikerrietkwekersvereneging gesels oor of die boere betaal sal word en of daar suikertekorte kan kom.
More than 800 people remain stuck in a transit camp in Umbhayi because of an incomplete housing development in Tongaat.
Die Hooggeregshof in Durban, KwaZulu-Natal het 'n bedrogsaak van 3,5 miljard Suid-Afrikaanse rand vir 'n voorverhoorkonferensie teen sewe bestuurders van Tongaat Hulett, tot Februarie volgende jaar uitgestel. Volgens die woordvoerder van die Nasionale Vervolgingsgesag, Natasha Ramkisson-Kara word Peter Staude, Murray Hector Munro, Michael Deighton, Rory Wilkinson, Kamasagrie Singh, Samantha Shukla en Gavin Dykes Kruger daarvan beskuldig dat hulle na bewering tussen 2015 en 2018 met 'n gemeenskaplike doel opgetree het om bedrog ten opsigte van sowat 69 eiendomstransaksies te pleeg:
Umgeni Water says it's going to help ease Tongaat's water crisis by supplying residents from the Hazelmere Water Works.
Tongaat residents are warning of further protests after the City stopped supplying water through the emergency pipeline from Nyaninga Reservoir to the Tongaat South Reservoir.
Two people have been killed in an accident on the Watson Highway near Tongaat, north of Durban.
Absa's Carmen Mpelwane on markets as Tongaat flies higher. Craig Gradidge from Gradidge Mahura Investments on an updated valuation for SAB Zenzele Kabili. Independent analyst Kea Nonyana talks Renergen: Is there still value in holding energy stocks?