Global giants are abandoning SA's enormous gas discovery due to dissatisfaction with the government, insiders claim.

The Money Show

Insiders allege that global megacorporation are abandoning South Africa's massive gas discoveries due to unhappiness with its administration.

• There is rising speculation that TotalEnergies will withdraw from its offshore gas finds in South Africa. The project's major partner, the Canadian business CNR International, has already stated its desire to depart. Although other parties have 30 days to make a choice, African Energy Corp has announced that it will move forward. Lumkile Mondi, Senior Lecturer at Wits Business School, speaks with host Ray White about the catastrophe.

Markets Commentary

• Grant Nader, Portfolio Manager of Benguela Global Fund Managers, joins host Ray White to discuss the day's market changes and the most recent events in business and finance.

The future of SAA as it rebuilds

• South African Airways plans to quadruple the number of destinations served from its Johannesburg base by the end of April as it restructures its operations to focus on domestic and international travel following the failure of an investor deal. Guy Leitch, Editor of SA Flyer Magazine, joins presenter Ray White to examine the nuances of this topic.

Gauteng citizens should not expect any substantial change after the premier 'recycled failed leaders'.

• With seven key positions in Premier Panyaza Lesufi's provincial cabinet, the Gauteng African National Alliance (ANC), which received 36.4% of the vote in May 29 polls, raised worries about the viability of the government of provincial unity. Ray White, host, discusses with Wayne Duvenage, CEO of Organization Undoing Tax Abuse (Outa), about the complexities of this story.

The impact of the DTIC's recent leadership appointments on the business sector

• Given that industrial policy is once again popular in many economies, business and policy experts anticipate that Parks Tau, the newly appointed Minister of Trade, Industry, and Competition, will prioritize initiatives that support important industries, particularly those connected to the growing green economy. Nadia Rawjee, director of Uzenzele Holdings, discusses how the new leadership role will affect numerous company's operations.

Small Business Focus: Understanding Your Business Purpose and Why It Matters

• A brief sentence (or two) that encapsulates the reasons you started your company is your business objective. It could be narrowly focused on a particular industry or sufficiently broad to cover additional and future company operations. You must distinguish the business purpose from your organization's vision or goal in order to understand it. In an interview with host Ray White, Aurik Business Accelerator CEO Pavlo Phitidis expands on this.

Investment School: Is the Rand a Significant Factor in Offshore Investing?

• Investors understand that there are good reasons to invest abroad, such as the preservation of "hard" currency spending power, lower risk associated with emerging markets and South Africa, access to asset classes, industries, and companies not available in South Africa, and diversification benefits. Nonetheless, they frequently expend a remarkable amount of effort attempting to forecast the direction of the currency. Ray White and Chantal Marx, the head of stock research at FNB Wealth and Investments, will talk about offshore investing and whether or not the rand matters.
  

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