Who is the stellenbosch mafia

And who is Markus Joost? There is no such person. Did the producer not pick this up? Interesting facts but somewhat repetitive. The narrator is boring and terrible when it comes to pronunciation. Title is very misleading, why don't they call it Mr Perfect Rupert. They tried too much. This book should have included more research and facts. There are so many good stories missing. Everything in this book is already public knowledge and Pieter only sumerised. I think he rushed to publish.

Don't know what he tried to accomplish with this book. Good high level summary of the big players but the narrator kept referring to Markus Jooste as Joost.

While it gave considerable background and history of the concept of the Stellenbosch Mafia as a phrase and as a concept, and placed it within a broader context, du Toit is unfamiliar with the social concept of a mafia as being a loose grouping of people who undermine, usurp and distort free markets to benefit an in-group.

As such, his claim that the Stellenbosch Mafia is neither criminal nor a syndicate fails to address the central implied assertion of the term. Nevertheless for an insight into modern Afrikaner identity and its role in the Steinhoff Saga it contains many valuable insights.

Add to Cart failed. Please try again later. Add to Wish List failed. Remove from wishlist failed. Adding to library failed. Please try again. Follow podcast failed. Unfollow podcast failed. Stream or download thousands of included titles. Narrated by: Dylan Oosthuizen. No default payment method selected.

Add payment method. Switch payment method. We are sorry. We are not allowed to sell this product with the selected payment method. Pay using card ending in. Taxes where applicable. Publisher's Summary About 50km outside of Cape Town lies the beautiful town of Stellenbosch, nestled against vineyards and blue mountains that stretch to the sky. Reviews - Please select the tabs below to change the source of reviews.

Amazon Reviews. Sort by:. Most Helpful Most Recent. Filter by:. All stars 5 star only 4 star only 3 star only 2 star only 1 star only. Patrick S. What a pity An interesting book, read in a most peculiar sing song manner with astounding mispronunciations of the main protagonists names which changed from chapter to chapter..

Kindle Customer A popular tourist destination thanks to its location and historic centre, the student town also hosts a number of big corporate offices. This so-called mafia has top African National Congress ANC leaders in their pockets and controls everything from the judiciary to the banks, mines and stores, he told a rally in Khayelitsha, an impoverished township near Cape Town, in March.

Stellenbosch is home to many wealthy business owners. Brait, a holding company with investments in food and retail businesses, had politically connected empowerment partners.

Jooste is the chief executive of furniture manufacturer Steinhoff. Wiese, who owns a small stake in Steinhoff, sat on the Steinhoff board along with Mouton and increased his stake in the company in September. This means empowerment shareholders have often been left ou t of the growth achieved outside South Africa and it shows a compliance mentality rather than a strategic approach to empowerment, he explains.

Retailers like Pepkor and ShopRite have been under less pressure to focus on empowerment due in part to their limited reliance on government business.

Nonetheless, Pepkor sold a 7. Medu Capital, with more than R1. At Remgro, 18 of the 22 top and senior managers are white males. Shoprite has only two black board members — one female — out of All eight executive directors are white males. Combi, a successful black entrepreneur who shies away from the limelight, first established a relationship with PSG through Master Currency, the foreign-exchange trading business he founded.

The result was arguably one of the most successful empowerment partnerships in the country, resulting in Thembeka doing a number of lucrative deals with PSG, including investing in Capitec Bank, Pioneer Foods and Curro Holdings. Combi, with board seats on all four companies, is also much more than a minority shareholder with no say, which is so often the criticism levied against the beneficiaries of BEE deals. He played a crucial role in negotiations with government and the competition authorities when Pioneer was facing a R4.

Thembeka announced in September its structures will be unwound to unlock value for shareholders, with Thembeka shares to be swapped for more liquid PSG shares. Some of the shares remain restricted and will be transferred to a trust to fund bursaries for black students to obtain a private high-school education.

The BEE landscape has changed. Some say it is too slow, but I can tell you one thing: it has never been slow for me.