Toby Chance - Parks Tau summoned over industry in collapse

Loading player...
Trade and Industry Minister Parks Tau is in the crosshairs for not releasing over 600 million Rand of government approved payments for completed TV and film projects. In his latest interview with Chris Steyn, Toby Chance, the Democratic Alliance's spokesperson on Trade, Industry and Competition and Portfolio Committee member says: “…it’s our job as the committee to summon the minister to account for his inaction in this regard”. Chance has also written to the Speaker requesting an urgent Parliamentary debate on the matter. “…it’s a serious problem and companies not just are closing down, but they're relocating; some are relocating to Portugal, some to Malta. They're just closing shop - and it was actually tragic on Wednesday when we were walking through the crowds and talking to these producers about how their livelihoods over many years have just been trashed.”
2 Feb 2AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min