Today’s episode covers South Africa’s new illegal mining bill, which introduces R100 million fines and 30-year sentences to target criminal syndicates. Niall Kramer discusses recent Constitutional Court judgments regarding offshore gas drilling and public consultation processes. We also examine nepotism allegations surrounding Gayton McKenzie and the ANC's deployment tactics. Finally,…
A commission of inquiry can't jail anyone. It can't force government to do anything at all. So what is the Madlanga Commission actually for, and what happens if its final report just gets filed away like so many before it? Accountability Now's Paul Hoffman walks through 25 years of scrapped…
Sakeliga CEO Piet le Roux takes the "state-proofing" argument he's built at home and points it at Washington. His case: South Africa isn't the country the 1994 constitution describes any more, and the US still treats it like it is. He walks through what's actually at stake for America, then…
Christo Wiese built one of South Africa's biggest retail empires on a simple rule: trust people, even when it's risky. Then Markus Jooste broke that trust and took Steinhoff down with him. In this rare fireside chat at BNC#9, Wiese talks for the first time in years about why he's…
Namibia struck oil and became the hottest investment story on the continent. Mozambique's tax take is about to jump sharply on the back of gas. Right next door, South Africa is sitting on a geological basin that industry figures compare to the discovery of gold in Johannesburg, and it has…
In their latest BizNews chat, Chris Steyn and Political Commentator Solly Moeng cover the deepening mystery surrounding the apparent suicide in Paris of former Police Minister and ambassador Nathi Mthethwa; Patriotic Alliance (PA) leader Gayton McKenzie’s “nepotistic” appointments of Minister of Arts and Culture; the relationship between Tenderpreneurs Cat Matlala…
Illegal mining kingpins are in the crosshairs when a new Illegal Mining Bill becomes law with R100 million fines and 30-year prison sentences on the cards. However, Independent Governance Expert Richard Chelin tells Chris Steyn that in the six years it has taken the government to draft the bill, illegal…
He's run money through three decades of market cycles, from Allan Gray to Investec to his own boutique, RECM. Now Piet Viljoen stands in front of a room of investment professionals and calls a chunk of his own industry's output, by his own word, bullshit. Jargon, product complexity, benchmarks, forecasts,…
In today’s episode, Piet le Roux discusses "state-proofing" South Africa and urges a shift in United States foreign policy. David Shapiro unpacks Covid-19's lasting scars on global markets and the Federal Reserve's recent inflation struggles. We also explore how the investment industry uses Rube Goldberg-like complexity to generate revenue rather…
David Shapiro has watched the market from a JSE trading floor since 1972, through every crisis from the Asian meltdown to the pandemic. At BNC#9 he makes the case that a single 2022 invention quietly kept the global economy afloat despite punishingly high interest rates, and explains why the new…
Seven days into the job as MK's first deputy president, Duduzane Zuma sat down with Alec Hogg at BNC#9 and didn't play it safe. He says land expropriation without compensation isn't a threat, it's already policy. He says the grants system his own party is often accused of wanting to…
In today's BizNews Daybreak, Helen Zille discusses the tough reality of politics and addresses the Mark Burke controversy. Old Mutual's Meryl Pick explains why central banks are hoarding gold to anchor credibility. Africa Bitcoin Corporation CEO Warren Wheatly highlights Bitcoin's decreasing volatility and absolute scarcity. Finally, get the latest US…
Bitcoin has gone quiet, and Warren Wheatley says that's the point. While the price sits well off its highs, the CEO of Africa Bitcoin Corporation says the real story is happening underneath: banks, insurers and even governments building the plumbing that turns Bitcoin into collateral. Wheatley explains how his own…
Central banks aren't buying gold to make money. They're buying it because they no longer fully trust the system the rest of us take for granted. Old Mutual's Meryl Pick takes BNC#9 back to a hotel in New Hampshire in 1944, to the deal that made the dollar the centre…
Helen Zille left her husband, sons and grandchildren in Cape Town to chase what she calls one of the toughest jobs of her career: mayor of Johannesburg. In this wide-ranging conversation with Alec Hogg, she explains why she'd rather walk straight into opposition than repeat the "extortion" coalition deals that…
In today's episode, the NPA formally drops corruption charges against high-ranking police officers following unravelling testimony at the Madlanga Commission. Meanwhile, an MP breaks his silence on his fintech, Kastelo, explaining its cryptocurrency arbitrage model and denying accusations of siphoning money out of South Africa. Finally, we cover Wall Street's…
“Oily, sneaky. I think if he was in the Wild West in America, he would make a very good snake oil salesman.” That is the verdict by Safe Citizen Founder Jonathan Deal on suspended MP Fadiel Adams testimony before the Madlanga Commission of Inquiry. In Deal’s latest appearance on the…
Mark Burke discusses Kastelo’s regulatory dispute with the South African Reserve Bank, explaining the company’s compliance processes, client mandates, offshore investment transactions and decision to halt operations amid the blocking order. He also addresses the political fallout, media coverage and his decision to step back from the DA’s finance cluster…
South African swimming legend Chad le Clos has made history, becoming the most decorated athlete in Commonwealth Games history with 21 medals., In this interview with Biznews, Chad and his father, Bert, reflect on a nine-year quest to reach this milestone, which is a journey Chad says ranks alongside his…
There are more online ads sold and paid for every single day than there are human beings on earth to consume those ads. That is the revelation from Marc Dhalluin of TruthsetsOnline, a South African based in Los Angeles, whose passionate mission is fighting global ad fraud. He talks to…
21 Aug 2AM
13 min
160 – 180
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