BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: Power cuts in SA; land expropriation unpacked; PnP CEO to retire
Eskom implements four days of power cuts after multiple breakdowns. Pick 'n Pay's CEO, Richard Brasher will retire soon. De Beers has cut its buyer's club and Dr. Anthea Jeffery unpacks land expropriation without compensation. Learn more about your ad choices. Visit megaphone.fm/adchoices
Economic 'euthanasia'? SA is heading for 'fiscal cliff', warns expert - a look ahead at 2021
In a sobering assessment of the state of the South African economy, Marius Oosthuizen, an economics and leadership expert at the University of Pretoria's Gordon Institute of Business Science (Gibs), warns that the country has run out of money and politicians have run out of ideas. He explains why ANC…
Crypto assets: Next steps as South Africa prepares for regulation of Bitcoin, other currencies - FSCA exec
South Africa is preparing to regulate crypto currencies like Bitcoin. In addition to protecting individuals, the new rules may pave the way for a mushrooming of products with crypto currencies as their underlying basket of investments. Brandon Topham, Divisional Executive for Investigations and Enforcement at the regulatory Financial Sector Conduct…
Banks set to turbocharge stock portfolios. Here’s why - SA’s top financial fund manager Kokkie Kooyman
South African investment professional Kokkie Kooyman is probably the best financial sector analyst in the world. He knows every publicly listed bank and insurer. The Denker Capital global financial fund manager encouraged people to invest when the herd was stampeding away from stocks in 2020. Now, although markets have perked…
Flash Briefing: AU secures 300 million vaccines; medical aid schemes and vaccination in SA; Brazil's trial manipulation
The AU secured 300 million Covid-19 vaccines. Where do private medical scheme members fall in SA's vaccination schedule? The Wall Street Journal looks at Brazil's vaccine trial manipulation. Learn more about your ad choices. Visit megaphone.fm/adchoices
Chilling facts about land expropriation without compensation laws that President Ramaphosa has promised to push in 2021
President Cyril Ramaphosa told the ANC at the start of the year that passing legislation to allow for land expropriation without compensation is a priority for the ruling party this year. It is move that would most likely deal a devastating blow to the already troubled SA economy because it…
WhatsApp, Facebook new privacy rules and what they mean for the future of social media - tech expert
In the tech sector, nothing can be taken for granted. Remember the collapse of seemingly impregnable Netscape, MySpace, Napster and Blackberry? The ripple effect of Whatsapp’s new T&Cs - personal data will in future be transferrable between Whatsapp, Facebook and Instagram. In this podcast we speak to tech expert and…
Cathie Wood, one of the best fund managers ever, shares investment insights - including on Tesla, what's next
Cathie Wood's exchange-traded fund, the ARK Innovation ETF, surged by almost 160% last year, growing assets 10-fold—unprecedented inflows for an active fund of that type, notes The Wall Street Journal. She made concentrated bets on hot stocks such as Tesla, Roku, Square and biotechs and told an interviewer last month that she expects to nearly triple…
Will the rich, high-income earners jump queue for Covid-19 vaccines? Medical scheme administrator on vaccine roll-out
With South Africa in the eye of the Covid-19 storm, the pressure is on government to secure vaccines for mass vaccination - and fast. Earlier this week, President Cyril Ramaphosa said the roll out of vaccines would be in 3 phases, starting with health workers and moving on to people…
Flash Briefing: Covid-19 vaccines in SA; J&J trial data submission; local oil refining capacity slashed
South Africa's government announced that it secured 20 million Covid-19 vaccines, as lockdown is extended. Johnson & Johnson says local trial data will be submitted soon. And the country's oil refining capacity is cut by half until at least 2022. Learn more about your ad choices. Visit megaphone.fm/adchoices
What it's like being bullied by Santam - which is STILL trying to duck out of business interruption cover: hotel owner
Santam has agreed to pay up to three months of business interruption cover but that's not the deal that was agreed when many of its clients signed up for the insurance. Meg Fargher, co-owner of 18-room five-star boutique hotel and fine dining establishment Budmarsh, in the Magaliesburg, has been fighting…
15,000 in hospital, one in three surviving on oxygen - but when will vaccines arrive? CR explains plans to beat Covid-19
The Covid-19 pandemic is at its most devastating in South Africa, with more than 190,000 coronavirus infections and more than 4,600 deaths since the start of the year. At least 15,000 people are seriously ill in hospital with roughly one third of these people on oxygen, says President Cyril Ramaphosa…
How to slash your tax bill, generate steady returns in SA's high-growth renewable energy sector
A special venture capital vehicle, called a 12J, is a tax-efficient investment opportunity for high income earners. The Bright Light Solar 12J has the added advantage of underlying investments in renewable energy roll-out in South Africa. In this interview, Bright Light Solar's Kevin Shames explains the nuts and bolts of…
Flash Briefing: WBHO's Probuild buyer withdraws; Murray & Roberts; SA oxygen supplies strained
Mixed fortunes in the construction and engineering sector, SA medical grade oxygen supplies take strain and Cartrack's share price takes a hit. Learn more about your ad choices. Visit megaphone.fm/adchoices
Flash Briefing: Land grab laws will be passed this year, CR tells ANC; global investor optimism; Bitcoin
* Land grabs in SA are back on the table, with ANC President Cyril Ramaphosa telling ANC members he expects parliament to approve an amendment to the constitution this year outlining the circumstances in which land may be expropriated without compensation. * President Ramaphosa has also repeated calls for officials…
SA's army of dirty, rich lawyers: fearless corruption-buster Paul O'Sullivan starts a war
We’re talking about South Africa’s army of dirty lawyers in this BizNews podcast. Hundreds of SA lawyers are rich on the proceeds of crime - even ones who look respectable. But Paul O’Sullivan, Forensics for Justice founder, has a plan to bring many of them down. O’Sullivan has fought tirelessly…
Starting a business on R350 a month: How a grant recipient became an entrepreneur
Sonto Sithole tells how she has put her monthly R350 grant into starting a bakery business. A resident of Dawn Park in Boksburg, Gauteng, Sithole is now creating jobs through her business selling scones. This interview is sponsored by FirstRand. For more, visit the Good Hope section at BizNews.com Learn…
Taking stock: JSE powers up; Naspers, Prosus; Rebosis; Sasol
Catch up on some of the highlights of the week on stock markets. In this episode of Taking Stock, BizNews journalist Justin Rowe-Roberts provides a snapshot of the overall performance of the JSE - which has outperformed last year in the first week of 2021. He shares the details of…
SA Reserve Bank eases exchange controls for loop structures - but there's a tax catch, warns expert
This week the SA Reserve Bank released a circular in which it eased exchange controls connected to 'loop' structures. Dissecting the details for the BizNews community is Robyn Berger, a partner at Bowmans. A loop structure arises where a South African exchange control resident (individual or company) has an interest…
Inside Covid-19: SA variant of Covid-19 - how it changes vaccine race, coping with pandemic
The South African variant of Covid-19 has changed the outlook for the way the coronavirus pandemic is likely to unfold - in SA as well as elsewhere. Scientists in South Africa say there is a "reasonable concern" that the new variant of Covid-19 sweeping across the country might prove to…