South Africa's Biggest Corporate Scandals Explained - From Steinhoff to State Capture

Ever wonder what those shiny logos are hiding? Spoiler: They’re cooking more than just the books. This week on Politically Aweh, our host KG Mokgadi is diving deep into the messy world of private sector corruption—and trust us, it’s not just government officials having all the shady fun! With help from a “career guidance counsellor” at the South African Institute of Crony Accountants and Other Professionals, we’re spilling the tea on how companies like Steinhoff and Tongaat Hulett cooked their books so well, it’s a miracle they didn’t open their own restaurant chain. From pension fund robbery to auditing "oopsies", find out how these corporate crooks pulled off South Africa’s biggest heists—while their auditors turned a blind eye (or maybe two). Check out some of Callum's content: ‪@callumhitchcockcomedy‬ 0:00 - 00:43 Introduction 00:43 - 3:45 SAICAP Careers Video Skit 3:45 - 4:55 Privatisation Not The Holy Grail? 4:55 - 5:38 Corporate corruption from 1652 to present 5:38 - 7:00 Steinhoff - the Big Daddy Scandal 7:00 - 7:40 Tongaat Hulett - The Sugar Daddy Scandal 7:40 - 8:20 Consequences 8:20 - 9:20 Solutions 9:20 - 10:31 Conclusion 📌Follow us on: Facebook / politicallyaweh Instagram / politicallyaweh Twitter / politicallyaweh TikTok / politicallyaweh 💻Visit our website - http://www.politicallyaweh.co.za Politically Aweh is a current affairs news show with a uniquely South African flavour. We're independent, bold, and funded by people who care what happens in and around our country. We're also a registered nonprofit media company , and we rely on donations to keep making our fresh, fun, and fearlessly truthful content. You can support us here, once off, or monthly, using Snapscan: https://pos.snapscan.io/qr/8H-YVcrN or contact us if you need another payment method. 📩Contact [email protected] today. Let’s Get AWEH!