BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: Transnet disputes McKinsey's R650mn pay figure and Discovery Bank appoints a new CEO
Transnet says it won't settle for McKinsey's offer to pay back R650m as it says it is owed twice as much. Discovery announces a new CEO for its bank. Learn more about your ad choices. Visit megaphone.fm/adchoices
Hylton Kallner, Discovery Bank's CEO, on his new role, SA banking
Discovery Bank's new CEO, Hylton Kallner, speaks to BizNews founder Alec Hogg about changes at the helm - and what they mean for stakeholders. South Africa's biggest health insurer Discovery said on Thursday Barry Hore would step down as chief executive officer of Discovery Bank and would be replaced by…
Déjà vu? McKinsey SA's mea culpa this week for corruption bombs - like it did in 2018. #BizNewsFlashback. LISTEN!
Will SA forgive McKinsey for its role at the centre of state capture? This week, McKinsey’s R650m offer to pay back Transnet, SAA has been rejected by Transnet - which says it owes far more. In 2018, its mea culpa bombed as it claimed “no corruption”, but critics rejected its…
Flash Briefing: Stars align for SA equities, AG uncovers more Covid-19 fund fraud and Stats SA rethinks GDP metrics
SA's Auditor general uncovers more Covid-19 fund fraud in the latest report, the stars align for SA equities in 2021 and StatsSA rethinks GDP metrics. Learn more about your ad choices. Visit megaphone.fm/adchoices
Inside Investing: Magnus Heystek, Alec Hogg - value fund manager Piet Viljoen seems to have got his mojo back
Magnus Heystek is an outspoken independent financial advisor. The author and entrepreneur who founded Brenthurst Wealth Management has a strong following for his incisive views. Piet Viljoen was considered something of an investment rock star, with many investors watching his every move to pick up tips on how to generate…
Inside Investing: How to generate double-digit returns in SA in sustainable, renewable energy
As load shedding continues to affect many South Africans, more individuals are seeking clean energy alternatives. Bright Light Solar is a venture capital company that is tapping into this demand and, at the same time, providing an investment opportunity through the 12J project. In this interview with BizNews founder Alec Hogg,…
Flash Briefing: Rand a star performer, SA GDP in slow recovery, Ramos replaces Pityana and Sygnia pleased with results
The Rand is a star performer. Maria Ramos replaces Sipho Pityana at AngloGold. Sygnia releases FY results. Q3 GDP numbers are sobering. Learn more about your ad choices. Visit megaphone.fm/adchoices
Inside Investing: Covid has accelerated growth for SA digital disruptors - 4Sight
Some businesses have sparkled in the pandemic as they have risen to the challenge of helping companies adapt to a dramatically changed world. The 4Sight Holdings Group of companies is a case in point. In this interview with BizNews founder Alec Hogg, Tertius Zitzke, CEO of 4Sight Holdings, shares how…
Markus Jooste, Steinhoff skelm: Why he still roams free three years after stepping away from wreckage - #2020 in review
2020 in review. In 2017, an accounting scandal erupted at South African multinational Steinhoff. As the German authorities uncovered a number of financial irregularities, Steinhoff CEO Markus Jooste jumped ship. Steinhoff’s demise meant that a number of wealthy investors, including billionaire Christo Wiese, felt the devastating effects of its share…
Flash Briefing: Fossil Mines buys into Zim platinum, Mango seeks investor, SA Farmers get grant
SA's govt. announces subsistence farming grant, Fossil Mines buys into Zim's biggest platinum development. Mango and Chef Air seek investors Learn more about your ad choices. Visit megaphone.fm/adchoices
Flash Briefing: Cricket called off, contradictions at Zondo commission and Covid-19 vaccines
England's ODI delayed by Covid-19. Contradictions are rife at Zondo commission. Telkom loses key player to MTN and SA govt. breaks silence on vaccine plans. Learn more about your ad choices. Visit megaphone.fm/adchoices
Making SA proud: Discovery's Ruth Lewin heads up global organisation IAVE
Born into a philanthropic family, Ruth Lewin fondly remembers collecting money for the blind - one of her parents many charitable endeavours. It would come as no surprise that Discovery's Head of Corporate Sustainability was recently appointed to the respected position of world president of the global volunteerism body, at…
Tim Modise - Leveraging SA advantages for growth
This week we evaluate the SA government, business community and Unions response to the downgrades by ratings agencies, the continued business shutdowns and rising unemployment. Surely there are better responses given SA’s history, endowments, infrastructure and place in global economic networks? Marius Oosthuizen, GIBS strategic foresight expert and South African…
Week in review: Oilgate, tension at Zondo commission, Engen explosion, Tongaat turnaround
Oil giants exposed in global corruption, tension at Zondo commission, Tongaat turns a profit, Glencore's Glasenberg is leaving, Engen's south Durban refinery explodes. Learn more about your ad choices. Visit megaphone.fm/adchoices
It takes a village: Bonnievale comes together to create 'zero-dropout school'
The official dropout rate at South African schools is between 37 and 42%. This is according to figures released in October this year by the Department of Basic Education. In many communities, this rate is much higher. Dropout rates used to be very high in Bonnievale, a small Boland community…
CR cancels the festive season for Nelson Mandela Bay
President Cyril Ramaphosa has announced stricter lockdown measures for the Eastern Cape metropolitan area of Nelson Mandela Bay. Curfews and restrictions on alcohol consumption and sales are back, but initiations will be allowed in the province. The decision is a warning shot to residents in other provinces to stick to…
Inside Covid-19: Meet two remarkable women in the spotlight for putting people first
In this episode of Inside Covid-19, we look at two SA success stories as the world fights the biggest global health crisis in living memory. BizNews journalist Linda van Tilburg looks at an entrepreneurial Cape company that has developed a rapid Covid-19 test from a cousin of the tobacco plant…
Flash Briefing: Hefty price on SAA,SA vaccine plan lacking, banking sector gloom and Land bank failing
SAA price tag scares investors. SA lags behind in vaccine plans. Banking sector gloom. Land and agriculture bank falters, waits for bailout. Learn more about your ad choices. Visit megaphone.fm/adchoices
What's next for Tongaat Hulett: CEO, analysts discuss game plan (flashback: October). Listen!
The Monday Noontime webinar is the only weekly webinar hosted by BizNews founder Alec Hogg, with SA's favourite market commentator David Shapiro as the regular guest. In this episode, they are joined by Gavin Hudson, CEO of Tongaat Hulett, KZN's venerable sugar and property group which had some really good…
Flash Briefing: Tongaat profits jump; Access bank on African acquisition trail; Car makers target Africa for growth
* Tongaat Hulett says it expects operating profits to jump by about 70% as a result of a turnaround at its local operations. * Multinationals are eyeing opportunities for growth in Africa. Access Bank Plc is in talks about a potential acquisition of assets belonging to Bob Diamond’s Atlas Mara…