BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Is SA heading into economic crisis? Independent economist Dr Azar Jammine assesses #Budget2021
Finance Minister Tito Mboweni has repeatedly warned that South Africa is in a perilous financial situation. Does the 2021 budget go far enough in reversing economic decline? Dr Azar Jammine is Director and Chief Economist of Econometrix, an independent economic research consultancy. He shares his considered opinion us whether he…
Magnus Heystek: We got lucky! Commodities run saved us from tax pain - but SA is still in deep trouble. #Budget2021
SA’s trillion dollar debt question: R3.9 trillion - projected to go up to R5 trillion - is a massive jump and a big gamble that the SA economy will pick in a few years, says Magnus Heystek. The Brenthurst Wealth Management founder said, after reading through the details, in sum…
SA’s overburdened taxpayers get hit again: here’s how #Budget2021 plays out in your personal finances
Helping to unpick the details of the National Budget and how changes affect your investments and tax bill is Dawn Ridler, of Kerenga Wealth Ecology. She tells Jackie Cameron of BizNews that although there’s a huge hole in government funds, the government needs to be careful of killing the golden…
Flash Briefing: SA is 'dangerously overstretched - Tito; #Budget2021 snapshots; Rand holds firm; matric maths disgrace
* SA needs to borrow more than R500bn a year and is 'dangerously overstretched', says finance minister Tito Mboweni. * SA expects to record its largest tax shortfall on record by the end of the tax year – and a staggering R213bn less than its 2020 Budget expectations. * To…
Flash Briefing: SA unemployment at record high - but govt adds jobs; Uber drivers demand holiday pay; Sibanye
* South Africa’s unemployment rate climbed to a record in the fourth quarter as the economy was ravaged by Covid-19 lockdown restrictions . The jobless rate rose to 32.5% from 30.8% in the previous three months, according to Statistics South Africa. * South African Uber drivers are to go to…
Global Portfolio: JSE stocks, 2U buck Wall Street's weaker trend
The BizNews Share portfolio, launched in December 2014, has delivered spectacular returns for South African investors. Every month, BizNews founder Alec Hogg updates the latest developments at the companies whose stocks are held in the portfolio. Although the strategy has been to buy and hold, the portfolio has seen some…
Meet Charl Jacobs, the business leader working to create jobs, help people educate themselves - and fix SA
Charl Jacobs, the founder of the Quan Holdings group - which has 12 companies and more than 6,000 employees - is committed to rebuilding South Africa. In this conversation with BizNews, he shares how he wants to change the world for the better and his guiding principles for growing his…
Top global mining analyst Peter Major on ‘ferocious’ commodities bull run: gold, uranium, iron ore, coal, platinum
Should you invest in mining companies? What will change the bull run? Anglo Gold Ashanti has never been this cheap, notes Peter Major, director of mining, at Mergence Corporate Solutions. Stock-picking is called for, he says. Don’t buy the index. He sets out how one piece of legislation could change…
Sasol CFO: Dividends are a priority; why we dumped idea of rights issue; culture change; restructuring
The Sasol share price gained in value at the start of the week after the company released interim financial results. This came despite the group not declaring an interim dividend. Sasol showed it had made headway in slashing its debt burden by just more than one third or R64bn and…
Global market snapshots: Boeing 777s grounded, engines break; US small companies soar; Tencent in regulatory net
* Boeing has told airlines to stop flying its wide-body 777 aircraft equipped with a type of engine that broke apart during a flight over the weekend near Denver, as the Federal Aviation Administration said it would order immediate inspections of those jets. * Shares of US-listed small companies are outpacing their…
Flash Briefing: Economists warn Tito will disappoint; EOH CEO takes big bonus, but cut staff salaries; Amplats; Sasol
* As South Africans prepare to hear the details of the National Budget on Wednesday, 65% of economists surveyed by Bloomberg say the government won’t reach its goal of achieving a primary budget surplus in the next four years. Officials including Mboweni have repeatedly warned that the country faces a…
Carrie's Corner: 'We are very passionate about our local market' - Gareth Robertson of Anthonij Rupert Wines
In this episode, Carrie Adams talks to Gareth Robertson of Anthonij Rupert Wines. The marketing manager of the Franschhoek-based winery discusses challenges the liquor industry has faced over the past year, as well as planning for the upcoming harvest. Learn more about your ad choices. Visit megaphone.fm/adchoices
Flash Briefing: SA tax base shrinks as many more plan emigration; DA urges EWC protest; Massmart; Bitcoin high
* As Finance minister Tito Mboweni gets set to present the budget this week, analysts have warned that South Africa’s loss of skilled and high earners could limit room to raise income taxes. * More than a fifth of all property sellers in the R2.6m and up price bracket have…
How solar sails are taking space exploration to the outer edges of our solar system
Using the pressure of the sun's rays to propel spacecraft, solar sails will allow future unmanned missions to be longer and cheaper while reaching the outer solar system—and possibly beyond. Hear about the advances in technology that are harnessing energy from the sun to allow us to explore other planets…
SA start-up success: Transforming pineapple fibre into life-changing products - award-winning entrepreneur
Eastern Cape entrepreneur Candy Androliakos has developed a novel range of disposable sanitary products after she was asked by an elderly resident at the old age home where she works to come up with a cost-effective, dignified solution. Since then, she has expanded her range to children's nappies and women's…
Controlling epilepsy, depression other illnesses with the help of a smart coach
Dr Kate Couchman shares the moving story of how she became a health coach to help others after learning how to control her own debilitating epilepsy. Smart health coach Dr Kate walks the walk and explains how she works with your own personal circumstances and requirements to become healthier, happier…
How Covid-19 exposed hidden losses, lies to banks: Inside the collapse of one of Asia's biggest oil traders, Hin Leong
Hin Leong was one of the most powerful and secretive names in Asia’s oil trading industry. But an epic gamble by its founder Lim Oon Kuin left the Singaporean company badly exposed, eventually leading to its collapse. Listen to this fascinating story of how one of the world’s biggest oil…
Taking stock: JSE review - Shoprite: Spar; Glencore; BHP Billiton; DRDGold; Steinhoff; Aveng; delistings
Justin Rowe-Roberts, of BizNews.com, sets out some of the announcements from JSE-listed companies, with a view to providing pointers to stock investors. He picks up on: Spar, which has lost market share, Shoprite; Steinhoff; Aveng; WBHO; Value group delisting. Learn more about your ad choices. Visit megaphone.fm/adchoices
Training the cannabis industry for the ‘Green Gold Rush’- Cheeba Cannabis Academy’s Trenton Birch
It is now legal to cultivate a small amount of dagga for personal use since the 2018 Constitutional Court ruling. This has led to a proliferation of ‘grow clubs’ and an enthusiastic group of people eager not only to cultivate for own use but to put pressure on the government…
Carrie's Corner: Unpacking government's approach to the liquor industry during Covid-19
Carrie Adams sits down with Michael Fridjhon - a wine critic and specialist - to discuss government's handling of the liquor industry during the Covid-19 lockdown. Adams describes the award-winning journalist and wine expert as 'an overall asset to the South African wine industry'. Learn more about your ad choices…