New bid to revive Cape Town port terminal and does seizing corrupt assets really work?
About this episode
The episode discusses the revival of Cape Town's port terminal and the effectiveness of seizing corrupt assets in South Africa.
Stephen Grootes speaks to Andrew Pike Head Of Bowmans Ports, Transport And Logistics, about Transnet’s move to seek a private-sector partner for Cape Town’s multipurpose port terminal, and what it could mean for port efficiency, trade flows and South Africa’s broader logistics reform agenda. In other interviews, Stephen speaks to Chad Thomas, CEO at IRL Forensic Investigators, following the State's successful bid to seize R326 million worth of assets linked to corruption-accused businessman Hangwani Maumela. Beyond the headline-grabbing forfeiture, we unpack how South Africa's asset forfeiture process actually works from identifying and valuing assets to obtaining court orders and ultimately auctioning them. 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…
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