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In 2023 Heineken bought Distell in a deal valuing the business at about R40bn. By the end of that year it had already written down R10bn on its South African operation. Today it confirmed its SA wine business, home of Nederburg and JC Le Roux, is "under strategic review".
That's how exits often start. First a review, then a sale, then a quiet goodbye.
Their beer is growing, so South Africans are still buying. The problem is a country where excise keeps climbing, illicit alcohol already makes up 18% of what's sold, and doing business gets harder every year.
Nobody has said Heineken is leaving. But if it reduces its SA exposure, the jobs at risk are jobs SA cannot afford to lose. Heineken directly employs almost 5,000 people here, and the wine industry it anchors supports over 270,000 jobs, from farmworkers to bottlers. All this at a time when official unemployment is already 33.6%.
Government should be asking why one of the world's biggest brewers is reviewing its SA bets, not waiting for the announcement.
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Eskom got R80 billion of our tax money as โdebt reliefโ and still jacked electricity prices up 12.74%.
Then they reported a profit. ๐
Sales volumes dropped meaning theyโre selling less electricity and charging more for it and celebrating a โturnaroundโ.
This is government printing money through our prepaid electricity vouchers and municipal bills then collecting more VAT on the higher prices of electricity
In the meantime, Eskom board & staff get salary increases for producing less electricity and the bailouts keep flowing when the numbers donโt look sexy enough.
When the state owns the monopoly, the customer always pays twice : higher prices for less kilowatts and again in bailouts through our taxes.
Eskom received R80 billion of taxpayer bailout money but still increased electricity prices by 12.74% โ Newsday newsday.co.za/business/29218โฆ
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The residents of Auchtertool in Fife are taking a stand against a monster AI data centre that is being proposed to be situated right next to their scenic village and beautiful countryside.
Please watch this video by the schoolchildren of Auchtertool.
The proposed data centre is one of the biggest in the world - bigger than their village. And itโs estimated that the 600MW energy consumption with be 20% of Scotland entire energy consumption. Itโs also being situated on beautiful countryside. Fife Council havenโt published an environmental impact report.
This campaign to stop this AI data centre monstrosity in Fife is now receiving huge amounts of media and social media coverage. For once, people power can defeat tech corporations power if this campaign continues to be amplified.
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I certainly hope the HPCSA investigates the medical professionals who claimed under oath thar Suliman Carrim was unfit to testify at the Madlanga Commission.
Because reallyโฆ.
WATCH| #SulimanCarrim tells the court he was made aware of his passport being flagged at OR Tambo, but did not make much of it given that he had a similar incident in January this year while returning from another country.
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#MadlangaCommission WELCOMES ARREST OF MR SULIMAN CARRIM
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The wheels turn slowly, but better late than never. Companies featured in amaBhunganeโs #ScamEmpire investigation have had their financial services licences provisionally withdrawn by the FSCA.
The regulator withdrew the licence of Astrix Data, now IGM Financial Services, after an investigation into Astrix, Vector Financial Services and Finbok found prima facie evidence of multiple contraventions.
Another company we reported on has suffered the same fate โ The Grand Trading which had operated the TradeFT site and used the same back-office network.
All of the above formed part of a massive international scam network.
@DewaldvanRensb1 reported on Finbok, Vector and the South African โregulatedโ arm of Scam Empire in Part One:
amabhungane.org/scam-empire-โฆ
We exposed The Grand Trading in Part Two:
amabhungane.org/scam-empire-โฆ
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The evidence of history suggests the modern climate agenda is designed to reshape human society, weaken sovereignty and consolidate centralised global control.
The foundational flaw of the climate narrative is the omission of context. We were told current temperatures and COโ levels were unprecedented, yet geological history tells the exact opposite story. For the past 34 million years - since the glaciation of Antarctica, and driven by tectonic shifts and changing ocean currents - Earth has been locked in the Late Cenozoic Ice Age.
These conditions intensified 2.58 million years ago into the Quaternary glaciation, characterised by long, brutal glacial periods interrupted by temporary, warmer interglacials, like the Holocene we live in today.
During the past 541 million years of exploding biological diversity (the Phanerozoic Eon) the global temperature has averaged 24ยฐC, ranging from 18ยฐC to 34ยฐC peaks. This is fully 9ยฐC warmer than todayโs calculated average of 15ยฐC. We are living in unusually 'cold times' and there is no likelihood of an urgent global warming or climate change facing human society.
The other nemesis comes in the form of COโ, which is the foundation for photosynthesis, agriculture and the rise of complex life on Earth. Rather than suffering from an excess of COโ, Earth has been experiencing a long-term carbon decline.
Prior to the industrial era, low COโ levels contributed to global aridity, the retreat of biomass and loss of ancient rainforests. An increase in atmospheric COโ represents an opportunity for life's biological resurgence, as a fertiliser that stimulates biological growth and expands the planet's agricultural produce.
The natural world has endured genuine, cataclysmic upheavals - but this is not one of them. The great extinction events of the past - such as the Carnian Pluvial Episode or the End-Permian extinction - played out over tens of thousands to millions of years. Yet the biological world survived, adapted and survived.
When the planet experienced sustained, greenhouse conditions, life didn't collapse - it flourished. During the Eocene Epoch 56 million years ago, palm trees grew in the Arctic, ice disappeared from the poles and lush rainforests and endless biology blanketed 85% of the Earth's landmass.
Far from a wasteland, the Eocene was a time of astonishing biological abundance of food and a massive radiation of mammalian life. The lessons of history show us that warmer conditions are not to be feared; they are catalysts for biological resilience and growth.
The brief fluctuations of past decades do not constitute a climate crisis; they are evidence of a temporary, microscopic blip in geological time.
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En France, on a inventรฉ le Concorde.
En 1969, il dรฉcollait et atteignait Mach 2 symbole de la grandeur gaullienne, conรงu pour dรฉfier les Amรฉricains.
En 1972, le TGV 001 battait le record mondial ร turbine (318 km/h).
En 1981, le TGV รฉlectrique reliait Paris ร Lyon ร 260 km/h. En 2007, il pulvรฉrisait encore le record mondial sur rail : 574,8 km/h.
Dans les annรฉes 70, le plan Messmer lanรงait le plus grand programme nuclรฉaire civil de lโHistoire : 58 rรฉacteurs, jusquโร 70-80 % de notre รฉlectricitรฉ, une indรฉpendance รฉnergรฉtique que le monde entier nous enviait.
Dassault, Sud-Aviation, EDF, Framatome, la SNCF : nos ingรฉnieurs รฉtaient les meilleurs. On avait dix ร vingt ans dโavance sur presque tout le monde.
Puis 1981, Mitterrand. Nationalisations massives (banques, acier, chimie, รฉlectronique, aรฉronautique). Semaine de 39 heures. Lois Auroux. Charges sociales qui explosent. Syndicats tout-puissants. Fiscalitรฉ punitive. Droit du travail rigidifiรฉ.
En moins de cinquante ans, le socialisme a transformรฉ un pays dโingรฉnieurs conquรฉrants en un pays de grรจves, de dรฉlocalisations et de stagnation relative.
Lโindustrie est passรฉe dโenviron 28 % du PIB ร 11 %.
Le Concorde a รฉtรฉ abandonnรฉ. Notre nuclรฉaire a รฉtรฉ presque dรฉmantelรฉ pendant des dรฉcennies faute de choix politique mortifรจre.
Ce nโest pas le destin, cโest le prix dโune idรฉologie qui a prรฉfรฉrรฉ redistribuer et rรฉglementer plutรดt que construire et innover.
A bon entendeur.
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[ICYMI] Following an 18-month investigation, Eskom concedes it made R3-billion in irregular payments to diesel suppliers.
AmaBhunganeโs investigation alleged that Eskom made at least R3-billion in prepayments to little-known suppliers who were struggling to deliver enough diesel to Ankerlig when the country was faced with loadshedding in 2025.
While Eskomโs 7-page press release did not use the word โprepaymentsโ, it did refer to โadvanced paymentsโ and what it calls โpayments outside of the contractual termsโ.
Read our latest update:
amabhungane.org/update-eskomโฆ
South Africa doesnโt need another water plan without clear deadlines and consequences for failure. We need accountability and measurable improvements in service delivery.
Are you seeing improvements in water and sanitation services in your community? ๐ง
Read more below
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South Africans are paying R31 billion in banking fees each year simply to deposit and withdraw their own cash.
businesstech.co.za/news/bankโฆ
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DESPERATION. Is that all you have left @GwedeMantashe1, clinging onto the past, as if your liberation political agenda will save us going forward. In the process, your party has pushed more people into poverty than out of it. You have personally enriched yourself. Your party has made more people unemployed and unemployable through a failed education system. With no forward looking vision to grow the economy, your party is rapidly dying and you have no plan to save it. Under your watch, PetroSA has been trashed and our mining industry destroyed. Youโre a washed up politician with nothing new to add to the debate about SAโs future. Itโs time you packed your bags.
Corruption is not just about stolen money. It has a human cost.
Mpho Mafole was an Ekurhuleni forensic auditor investigating municipal corruption, including an R1.8bn chemical toilet tender.
He left behind 3 children.
His father,Keikilame, speaks.
Watch:youtu.be/DfVm2FJUGPY?si=VsQ3โฆ
๐ด COMMENT: With todayโs ConCourt victory over the Public Procurement Act, national governmentโs bid to capture control of all state procurement has for now been blocked.
Local governments โ and every other state entity โ keep the right to scrap ALL race-restrictive procurement clauses.
Well done to the applicants: Western Cape, Cape Town, amaBhungane, and Solidarity.๐งต
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For years, South African companies have been boasting about how strongly they comply with racist โBlack Economic Empowermentโ policies.
Now the US government can use the very same BEE Scores for a list of companies to blacklist.
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The government scrapped the national digital ID after the backlash. A few months later theyโre rolling out facial scans so you can buy a pint. Thatโs not โchoice.โ Thatโs mission creep walking in through the beer pump.
No manifesto. No vote. Just another quiet step toward biometric checkpoints in everyday life.
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[ICYMI] In July 2025, Eskom bought 40 million litres of diesel from a supplier. It recorded it as โreceivedโ it in its books and paid R721-million. But a year later, the diesel โ now worth R1-billion โ has not been delivered.
ย
Three weeks ago, Eskom released a quiet press statement saying: โEskom โฆ received an independent verification report confirming that there were no discrepancies between the diesel delivered or available to Eskom and the amounts paidโ.
But amaBhunganeโs investigation digs deeper, exposing how Eskom prepaid hundreds of millions for little more than an IOU for diesel to be delivered at a later stage.
Read: Eskom paid hundreds of millions for diesel that โdidnโt existโ
amabhungane.org/eskom-paid-hโฆ
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The Constitutional Court delivered a unanimous judgment declaring that Parliament failed in its obligation to facilitate meaningful public participation in passing the Public Procurement Act. The Act is declared unconstitutional and invalid in its entirety.
We will share the judgment as soon as we have received the written version from the Court.
The Constitutional Court is handing down judgment on the challenge to the adoption of the Public Procurement Act now. Watch here: youtube.com/watch?v=bAJsPc_Oโฆ
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Madame von der Leyen, une question simple : qui vous a รฉlue ?
Pas les peuples. Pas les Franรงais. Pas les Italiens. Pas les Polonais. Personne, dans les urnes.
Vous avez รฉtรฉ nommรฉe par les chefs dโรtat, puis validรฉe par un Parlement europรฉen que la plupart des citoyens ne connaissent mรชme pas.
Et cโest vous qui venez donner des leรงons de lรฉgitimitรฉ.
ยซ Ils mรฉprisent nos valeurs ยป, dites-vous. Commode. Trรจs commode.
Dรจs quโon refuse votre Europe fรฉdรฉrale, on devient ยซ anti-europรฉen ยป. Dรจs quโon dรฉfend les nations, on ยซ mรฉprise les valeurs ยป. Dรจs quโon rappelle que la souverainetรฉ nโest pas une insulte, on passe pour un danger.
Les peuples nโont jamais votรฉ pour un super-รtat bruxellois. Ils nโont jamais demandรฉ une Commission qui se comporte en gouvernement. Ils nโont jamais choisi une Europe oรน la dรฉsobรฉissance aux nations devient vertu, et la fidรฉlitรฉ aux nations devient crime.
Ils veulent une Europe des nations. Une Europe de coopรฉrations, pas de tutelle. Une Europe qui protรจge les frontiรจres, les identitรฉs, les intรฉrรชts, pas une Europe qui les dissout au nom dโun idรฉal que vous รชtes seule ร dรฉfinir.
Le vrai mรฉpris, Madame, ce nโest pas de critiquer Bruxelles.
Cโest de parler au nom des Europรฉens sans leur avoir jamais demandรฉ leur avis.
Cโest de traiter dโennemis ceux qui aiment lโEurope autrement que vous.
Cโest de confondre votre projet fรฉdรฉral avec ยซ lโEurope ยป tout court.
Vous nโรชtes pas lโEurope.
Vous รชtes une nomination.
Et les peuples, eux, commencent ร sโen souvenir.
"Ils mรฉprisent nos valeurs": Ursula von der Leyen appelle ร "lutter" contre les anti-europรฉens
#BFM2
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Eskom reports a R30 billion profit and is simultaneously applying for an 8.8% tariff increase. Make it make sense.
@BizNewsCOM


































