Ramaphosa Wants R55 Million a Day While This University Doesn’t Exist @NewsflashwJoeEmilio
Ramaphosa Wants R55 Million a Day While This University Doesn’t Exist  @NewsflashwJoeEmilio
Uploaded June 2026 | Updated September 2026, 3 weeks ago
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In today’s Newsflash episode, we take a closer look at two controversial developments involving South African President Cyril Ramaphosa and ask a very important question: where is all the money going?

First, Ramaphosa is doubling down on the proposed Transformation Fund, a plan expected to channel R20 billion per year, or roughly R55 million every single day, into majority black owned businesses over the next five years.

Government says the fund is necessary to address historical inequalities and expand economic participation, but critics argue that South Africa already has decades of BEE policies behind it with little evidence of meaningful change for ordinary South Africans.

Will another massive fund create jobs and economic growth, or is government once again throwing taxpayer money at a broken system?

We also examine whether government policies themselves are preventing businesses from growing, investing, and creating employment opportunities.

Then we turn our attention to Ekurhuleni, where Cyril Ramaphosa told young South Africans they will be able to register for a new university next year.

There is just one problem.

The university has been in the works since 2020 and six years later there is still very little to show for it.

How can students be expected to enrol at a university that does not yet exist?

The story raises serious questions about government accountability, public spending, and whether South Africans are continuously being sold promises that never materialise.

In this episode we discuss:

• Cyril Ramaphosa’s R20 billion Transformation Fund
• The future of BEE and economic transformation
• Whether government policies are hurting businesses
• South Africa’s unemployment crisis
• The Ekurhuleni University controversy
• Questions surrounding government spending
• Broken promises and failed projects
• The impact on young South Africans

South Africa faces enormous challenges, from unemployment and economic stagnation to service delivery failures and declining trust in public institutions.

The bigger question remains: if billions of rands continue to be allocated to government initiatives, why do so many projects appear unfinished, delayed, or unsuccessful?

This episode explores those questions and the growing frustration many South Africans are feeling.

#SouthAfrica #CyrilRamaphosa #TransformationFund #BEE #Newsflash #SouthAfricanPolitics #Ekurhuleni #University #ANC #GovernmentSpending #SouthAfricanNews #Politics
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NewsFlash w/ Joe Emilio |

Ramaphosa Wants R55 Million a Day While This University Doesn’t Exist

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