LISTEN: CR's London bombshell: State Capture cost SA a trillion rand

After his opening address at the FT's sixth annual Africa Summit in London this morning, SA president Cyril Ramaphosa dropped a bombshell. During a short interview with the FT's editor Lionel Barber, he was asked whether reports of R500bn lost to State Capture were accurate. After castigating the supposedly reputable global companies that facilitated the plunder, Ramaphosa disclosed that the true number was doubt that - something approaching R1trn or roughly 20% of the national GDP. Here's the full question and answer session. Learn more about your ad choices. Visit megaphone.fm/adchoices