OpenTube

Joburg’s R3bn Election Spending Scandal

Political Insider

37,814 views

Political Insider 365

Johannesburg is set for another R3bn in short-term loan funding ahead of the local elections while leaked audio raises questions about political spending priorities.
We also unpack Shadrack Sibiya’s bail hearing and South Africa losing 14,000 formal jobs in the second quarter.

Events:
Stellenbosch Tatler 6 October at Protea Hotel Stellenbosch Technopark
book via Whatsapp 063 666 6772

SONA Breakfast 8 October at https://www.sona.co.za

Chapters

00:37 Trade Nation sponsor
00:51 Joburg’s R3bn loan
01:15 Leaked meeting recording
02:06 Unpaid suppliers
02:51 Meeting without officials
03:58 Joburg can’t pay
04:40 Standard Bank facility
05:43 ANC stronghold spending
06:08 Lilian Ngoyi failure
07:00 Political spending priorities
09:19 Masuku says quiet part
10:04 Ribbon-cutting before elections
10:14 DA demands investigation
11:35 Election warning
11:57 Stellenbosch event
12:32 Sibiya bail hearing
13:26 Failed-state warning
14:13 Evidence against Sibiya
16:03 Hotel allegations
17:11 Bishop Maunmela involved
18:22 Bail case only beginning
19:28 SA loses formal jobs
20:15 Manufacturing jobs fall
21:05 Taxpayers leave system
21:51 Widget factory example
23:09 30% partner economy
23:56 Pressure Point announcement
23:59 Final thoughts

Don’t just complain get involved, share this conversation, and subscribe for more Political Insider insights.
Sponsor Trade Nation https://go.tradenation.com/visit/?bta...
Follow @sonacoza on TikTok, Instagram, X, and Facebook
Produced by Podcast Room JHGhttps://podcast-room.co.za/studios/jo...

20 Comments

@AdrianCullingworth 18 hours ago

Deal with these criminal politicians the same way as China does theirs - that will sort out things very quickly.

@stevendevilliers471 18 hours ago

The corruption is embedded in the comrades. South Africa will never get rid of the criminality and incompetence 😢

@RobertGossel 17 hours ago

Get rid of the ANC

@rickyv2844 17 hours ago

The ANC are the Kings of making Government money disappear into thin air. WTF 🤬 when will the bleeding stop!

@WayneSasman-l5z 18 hours ago

They steal and we get to pay ,,,,,thieves

@dentonpeters8668 17 hours ago

Thank you Mike, your show is greatly appreciated. You are delivering a great service to South Africa.

@DiannePieterse 18 hours ago

I am so tired of this politics.

@dorothyueckermann3217 18 hours ago

Dada Morero's booster seat won't help him at all. Nothing will happen. We don't believe any of those lying criminals any more. They are running scared 😱 now the elections are around the corner.

@stephniebachar4210 16 hours ago

In our wildest dreams we could not envisage the depravity of the leaders in the Anc their cadres and supporting accolytes. The debt they are sinking our country into is staggering and tragic for the future.

@Glynnjanis 18 hours ago (edited)

The ANC crime syndicate are BEE looting as much as they can before they are removed. I wonder who shares the 3Billion they plan to loot now?:body-blue-raised-arms: What is Ramaphosa's share?

@kimstone8861 17 hours ago

30 % seems to be the magic number. You only need to get 30 % for matric. You get 30 % of someone else's business handed to you without any risks...

@stephniebachar4210 16 hours ago

Remember our previous leader of the country was also quite ok with doing a similar act with his friends daughter. The bar was set years ago.

@9o6h24 17 hours ago (edited)

he Shadrack Sibiya’s should spent the rest of his life in prison! and his bank & everything that within or his assets under his name should be divide up among the victims !!

@leonbezuidenhout5085 11 hours ago

The CEO of standard bank needs to be called out for reckless lending

@estellenetterberg1750 12 hours ago

I'm sick to my core - just take them out!😮😢

@berylsoutham7943 14 hours ago

The whole thing is terrifying! We really need to have people in charge who know what they are doing!

@InezFrancis 15 hours ago

Thanks Mike for mentioning that Herman thought this man was good to fix crime in JHB. Maybe Herman needs to be called to the Commission

@rdsmutsmedia 18 hours ago

“Don’t call me a criminal. I’m not a criminal. Don’t ever do that again. O bua masepa.” 🤣🤣🤣🤣🤣

The ANC's antics are like Saturday Night Live. And it would be just as funny if only it were all just a skit.

I laugh here only because, I may have lost my mind.

@louisamogudi3399 13 hours ago

How disgusting Sibiya story, eish just shows how decadent we have become.
Mike, big ups for the good work.

My Gosh we need help

😢😢😢😢

@roynewton-barker8910 17 hours ago

Politicians should never have any decision-making over operational affairs of the City, only employed government officials. This is obviously a blatant voter strategy!