BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Warning: Foreigners could hijack fledging dagga industry - cannabis entrepreneur
Dagga grows prolifically across South Africa - a point that hasn't gone unnoticed by astute business players elsewhere who are hoping to cash in on the world's new gold rush. In this podcast, South African cannabis entrepreneur Pierre van der Hoven outlines to BizNews founder and editor-in-chief Alec Hogg how…
SA coronavirus warning; power cuts for 5 more years - expert; gold skyrockets; Sasol plunges
In today's business news headlines: *The Rand weakened in early trade on Monday, as investors fled riskier assets following the rapid spread of the coronavirus outside mainland China; *Even without a single confirmed case, sub-Saharan Africa may be the region hardest hit outside of Asia by the spread of the coronavirus,…
Kevin Shames: Two days left to take advantage of Bright Light Solar's effective 21%pa return
In this podcast, the last one before 12J company Bright Light Solar's Prospectus closes on Thursday, CEO Kevin Shames runs us through the reasons why his business is projecting an effective 21% annual return. It's all to do with the Government's tax incentives to promote investment in small businesses and…
Saffers at coronavirus ground zero – the tide is turning in some Chinese cities
Fears of a global coronavirus pandemic is growing. The United Kingdom has reported four further cases bringing their total to 13 and Italy’s tally went up to 200 with four deaths forcing Italian authorities to shut down schools, universities, museums and cinemas, and banning all public events. There are also…
David Shapiro: Stocks on sale - Sasol at 2005 prices, Discovery at 2014. Mr Market over-reacting
South Africa's favourite market commentator David Shapiro is licking his lips at the value which South African shares are offering today's investors, especially Sasol and Discovery. He discusses the attraction of both companies in this interview, from the latest episode of Rational Radio. Not often you get to see a…
Crucial Budget week; Loadshedding halts Mboweni; No money for stats; State land released; Coronavirus Africa impact
In today's business headlines: - The week ahead will be dominated by the budget speech by Finance Minister Tito Mboweni who has to convince that a rescue plan for Eskom is on track, and that the government is ready to take measures to curb rising debt, narrow the budget deficit…
Does new technology & AI mean the end of retirement?
These days, getting and keeping a job isn’t just a matter of impressing your boss – it also means impressing the artificial intelligence (AI) technology that has penetrated all aspects of the workplace. In this episode, featuring content from The Wall Street Journal’s The Future of Everything podcast, Felicity Duncan…
Bloomberg Businessweek: The future of work
Marcus Weldon, corporate chief technology officer at Nokia, Virginie Maillard, head of technology field simulation at Siemens, and Joe Miletich, senior vice president of R&D at Merck discuss the future of work from the campus of New Jersey Institute of Technology in Newark, New Jersey. Learn more about your ad…
Looted SA funds will be recovered: Investors ready to back SA; Anglo, De Beers, Woolies, Discovery
In today's business headlines: - President Cyril Ramaphosa says those who have stolen money from South Africa needed to be tracked down no matter where in the world they are; - Goldman Sachs new head, Jonathan Penkin says investors would be delighted to jump back into South Africa if the…
Have Ecsponent investors lost their money? Maybe not - Van Niekerk to Hogg
Ecsponent is a company that has attracted billions of rands in investments from individuals looking to generate higher income than they could get elsewhere through preference shares. But, as investment company entrepreneur and popular personal finance journalist Magnus Heystek told BizNews founder Alec Hogg in a podcast recently, they may…
Looking past Discovery's disappointing interims: PingAn could be its "TenCent"
Discovery's visionary co-founder and CEO Adrian Gore downplays the mere suggestion. But the hyper growth being posted by its Chinese partner Ping An offers some parallels to Naspers' enterprise transforming investment in internet giant TenCent. Ping An is already generating over R25bn in annual premium income through providing health insurance…
The Journal: What happens when an economic superpower is locked down?
The coronavirus has forced China, the world's second -biggest economy, into lockdown. The Wall Street Journal's Yoko Kubota explains how that has disrupted business around the world, including companies like Disney and Apple. Learn more about your ad choices. Visit megaphone.fm/adchoices
US warning on EWC; Keen response on emergency power; Mining royalties; Burger King; Inflation
In today's business headlines: -- The US has weighed in on the land expropriation debate again with Secretary of State, Mike Pompeo saying that the South African government’s plans would be disastrous for the economy; - South Africa’s inflation rate rose to a seven-month high in January driven by higher…
P&L: Markets expect mid year coronavirus snapback plus the $1.5trn active-management investing giant
Phil Orlando, chief equity market strategist and head of client portfolio management at Federated Investors on why markets seem so complacent about the coronavirus. And Annie Massa, Bloomberg investigative reporter on Franklin Templeton buying Legg Mason to create a $1.5trn active-management investing giant. Hosted by Paul Sweeney and Lisa Abramowicz…
SAA and other SOEs putting the country on trial – Gidon Novick
Former co-Chief Executive Officer of Comair, Gidon Novick brought the low cost airline business to South Africa. But he grounded himself in 2011, headed Vitality for three years and became an entrepreneur in the tourism sector, that he believes still has immense untapped potential. In an interview with Alec Hogg,…
Disgruntled ex-Sanlammer’s claim of unfair treatment prompted extensive denial by financial services group
Biznews has covered the story of financial advisor David Melville who found himself on the wrong side of Sanlam bureaucracy. The life insurer was also in the spotlight for a practice of backdating new life policies - even though it wouldn’t pay out for a death if that occurred before the…
Meet John Dempster: The SA solo rower who crossed Atlantic Ocean in 63 days
It is the stuff of legends; those feats that separate some people from the rest of us. They are the humans who appear to be fearless and scale the highest mountains, cross oceans or tackle what seems to be the impossible. 26-year-old John Dempster, a student from the University of…
Rand hit by Moody's; SpaceX tourist ploy; Musk-Gates electric spat; Glencore; Ecsponent
In today's business headlines: * South Africa’s rising country risk is putting upward pressure on interest rates, even as inflation expectations decline, with credit-rating companies contributing to the negative sentiment, according to the central bank, says Bloomberg. The rand fell through R15 to the dollar as the news was absorbed;…
What's News: Apple's coronavirus warning and Boy Scouts of America file for bankruptcy
Apple warns it will miss quarterly revenue forecasts due to the coronavirus outbreak. The Wall Street Journal's Tripp Mickle. reports. Plus, facing hundreds of pending lawsuits alleging sexual misconduct, the Boy Scouts of America file for Chapter 11 bankruptcy. More from the WSJ's Andrew Scurria. Charlie Turner hosts. Learn more…
Magnus Heystek, Alec Hogg unpick "too good to be true" Ecsponent pref shares
Ecsponent is a company that is listed on the Johannesburg stock exchange, which helped to give it the veneer of credibility. Ecsponent's board also included an impressive line-up of business movers-and-shakers, not least of all Richard Connellan whose experience includes serving as the Executive Director of the Takeover Regulations Panel…