Place in KwaZulu-Natal, South Africa
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Tongaat Hulett has been thrown a R200 million lifeline just hours before possible collapse. It’s a massive relief for thousands of farmers. But is it a real rescue or just a temporary patch? We speak to agricultural economist Dr Kobus Laubscher. Views and News with Clarence Ford is the mid-morning show on CapeTalk. This 3-hour long programme shares and reflects a broad array of perspectives. It is inspirational, passionate and positive. Host Clarence Ford’s gentle curiosity and dapper demeanour leave listeners feeling motivated and empowered. Known for his love of jazz and golf, Clarrie covers a range of themes including relationships, heritage and philosophy. Popular segments include Barbs’ Wire at 9:30am (Mon-Thurs) and The Naked Scientist at 9:30 on Fridays. Thank you for listening to a podcast from Views & News with Clarence Ford Listen live on Primedia+ weekdays between 09:00 and 12:00 (SA Time) to Views and News with Clarence Ford broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/erjiQj2 or find all the catch-up podcasts here https://buff.ly/BdpaXRn Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media: 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/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk56See omnystudio.com/listener for privacy information.
This evening we dive into the latest market movements with Rand Swiss, we speak to Sun International and MTN about their respective results, we hear from Werksmans Attorneys on what we can learn from the business rescue processes of Tongaat and Murray & Roberts, Denker Capital discusses the trend of more retailers entering the banking space, and we examine money habits that may be affecting your credit score with Sanlam Credit Solutions. SAfm Market Update - Podcasts and live stream
Dr Eric Levenstein – Head: Insolvency & Business Rescue, Werksmans Attorneys SAfm Market Update - Podcasts and live stream
Stephen Grootes speaks to Mr Rute Moyo, Vision Consortium Member, about the escalating tensions between Vision, the IDC and the Business Rescue Practitioners as the future of Tongaat Hulett hangs in the balance. In other interviews, Farzana Botha, Senior Communications Manager at Sanlam Risk & Savings talks about new research released ahead of Budget 2026 that reveals what South Africans refuse to cut from their personal budgets, even under mounting financial strain. The survey shows education, housing and savings remain top priorities for households, reflecting a strong focus on long-term security despite rising living costs. It also highlights how healthcare, connectivity and even small personal treats are viewed not as luxuries, but as essential to stability and well-being 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 See omnystudio.com/listener for privacy information.
Dr. Siyabonga Madlala, the Executive Chairman of the South African Farmers Development Association (SAFDA) joined Darren, Sky and Carmen to speak on the Provisional Liquidation of Tongaat Huletts and how it will affect the economy and daily consumer. Dr Kajal Ramnanun, an academic at the University of KwaZulu-Natal (UKZN) and Co-Chairperson of the UKZN Business Rescue Unit (BRU) also spoke on the liquidation and how it affects the employees. Webpage
After seven years sounding the alarm, analyst David Woollam breaks down Tongaat Hulett's implosion, the controversial Vision consortium takeover, and the looming economic fallout for KwaZulu-Natal's North Coast. With billions at stake and livelihoods on the line, this is the inside story of governance failure, corporate manoeuvring and what happens next.
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. Bilall Jeewa, Gift of the Givers Community Liaison Officer is featured in this podcast 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. This podcast features Nonhlanhla Ntuli, who is one of the affected community members 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
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
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
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
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
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
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
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.
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:
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?