Podcasts by Category
- 14464 - BizNews Briefing - Insiders on Boxer IPO; Hersov on New World Order
In this episode of the BizNews Briefing, host Alec Hogg is joined by Sean Summers of Pick n Pay and Marek Masojada CEO of Boxer which lists next week, worth north of R20bn. Also Rob Hersov on how the New World Order will affect SA; C5 Capital’s Andre Pienaar’s big deal with Sibanye; Nvidia and more.
Thu, 21 Nov 2024 - 31min - 14463 - Rob Hersov on the global shift: America’s rise, South Africa’s struggles, and the future of media
In an exclusive interview with BizNews, global entrepreneur Rob Hersov shares his bold predictions about the world’s political and economic trajectory, America’s tech-driven ascendancy, South Africa’s challenges, and the transformative power of media. Unfiltered and incisive, Hersov’s vision offers much to consider in a rapidly evolving global landscape. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. The seventh BizNews Conference, BNC#7, is to be held in Hermanus from March 11 to 13, 2025. The 2025 BizNews Conference is designed to provide an excellent opportunity for members of the BizNews community to interact directly with the keynote speakers, old (and new) friends from previous BNC events – and to interact with members of the BizNews team. Register for BNC#7 here.
Thu, 21 Nov 2024 - 54min - 14462 - André Pienaar: Sibanye Stillwater, the future of nuclear energy, space investments, and cybersecurity
Andre Pienaar, CEO of C5 Capital, shares insights into small modular reactors, the potential of nuclear energy for South Africa, and space exploration. He also highlights C5’s investments in cybersecurity, including Starlink and IronNet, emphasizing the importance of innovative founders and global technological advancements in shaping the future.
Thu, 21 Nov 2024 - 27min - 14461 - Tackling the Zuma-era Construction Mafia
R63 billion rands worth of projects have been affected by the Construction Mafia, and in this interview with BizNews, Deputy Finance Minister Ashor Sarupen states that the biggest obstacle in dealing with it has been how it was created. “And that was when former President Jacob Zuma said in Parliament that there will be a 30% set aside for local communities, because too many people thought that this means that I must personally get 30% of the value of that project. And it gave rise to all of these Construction Mafias. So we must be blunt and honest and say it was a problem created by President Zuma and towards the tail end of his term pushing this populist message out. And now we've got to fix that.” The Deputy Minister goes on to detail the strategy put together for government at this week’s National Construction Summit on Site Disruptions. He also gives an update on Operation Vulindlela. “There are new focus areas coming in Operation Vulindlela and that will be focused on local government in particular because we can't continue with our towns and cities falling apart.”
Thu, 21 Nov 2024 - 7min - 14460 - Pick n Pay and Boxer CEOs unpack JSE listing and what the future holds
Pick 'n Pay CEO Sean Summers shares his strategy to rejuvenate Pick n Pay by fostering a supportive culture, reuniting skilled talent, and empowering its 92,000 employees. With a focus on vision, pride, and resilience, Summers and Boxer CEO Marek Masojada convey optimism for sustainable growth, success, and delivering value through Boxer amidst renewed shareholder confidence.
Thu, 21 Nov 2024 - 47min - 14459 - Piet Viljoen’s investing masterclass - how to avoid our investments being hit for six
Over the past month, half a dozen major changes have emerged could be giving the jitters to sleeping-easy investors. BizNews editor Alec Hogg unpacks them for Re:CM’s founder Piet Viljoen - and what transpired is a master class from one of the most rational investors.
Wed, 20 Nov 2024 - 46min - 14458 - BizNews Briefing - Sanlam and Ninety One’s R5bn deal; Restructing portfolios Viljoen’s way
In this episode BizNews editor Alec Hogg and his guests provide context on the news that matters to your money from the mega deal between Sanlam and Ninety One through to expectations on Nvidia and growing vaccine hesitancy following Trump’s RFK appointment. Plus structuring your portfolio the Piet Viljoen way - and sleep well despite the half dozen fresh threats to your financial well-being.
Wed, 20 Nov 2024 - 31min - 14457 - Sean Peche’s deep dive into BizNews portfolio boomer Palantir… alarm bells aplenty
After identifying six flashing lights that have emerged in the past month, BizNews editor Alec Hogg is tapping into his investing “brains trust” for guidance on how to change the well performed model portfolios. The extraordinary performance of Palantir (bought for under $10, now over $60 - in a year and a half) has increased its stake in the portfolios to heavily overweight. In this interview, Ranmore’s founder Sean Peche dispenses with the narratives and takes a (very) close look at the company’s disclosed facts.
Wed, 20 Nov 2024 - 34min - 14456 - BizNews Briefing - Safair’s ownership problem coming to a head; Buffett selling big-time
South Africa's aviation sector faces turbulence as SAF Air's foreign ownership sparks regulatory scrutiny, potentially risking its 60% market dominance. Meanwhile, Gauteng's water crisis deepens due to delays in the Lesotho Highlands Water Project. Globally, Warren Buffett shifts billions into treasuries, signaling caution amid escalating Ukraine conflict and World War III fears. Financial markets and investor sentiments remain volatile.
Tue, 19 Nov 2024 - 30min - 14455 - Miles vd Molen: Existential threat to rules-breaking Safair coming to a head
Irish-owned Safair, which dominates South Africa’s domestic airline sector with a 60% market share, is facing a life-threatening challenge. Cemair founder and CEO Miles vd Molen explains in this interview that after being found guilty on the same charge a decade ago, Safair is once again accused of breaking SA’s local ownership rules. International regulators, which recently found Safair guilty, will deliver a sanction before the end of next week, opening the way for the local authorities to follow suit. Van der Molen spoke to BizNews editor Alec Hogg.
Tue, 19 Nov 2024 - 26min - 14454 - R1m Investing Challenge - Viljoen widens gap, possible Lollapalooza awaits
Three years into the shootout between local and offshore investing, Re:CM’s Piet Viljoen is well ahead of his rival Magnus Heystek of Brenhurst. In this third anniversary update, Viljoen reckons that having already outperformed, SA stocks could benefit still further from what he calls a ‘Lollapalooza’ of good news, while offshore-focused Heystek ’fesses us to a rookie error. They spoke to BizNews editor Alec Hogg.
Tue, 19 Nov 2024 - 29min - 14453 - Joburg’s water crisis deepens as delays to Lesotho Highlands Project surge
Julius Kleynhans, from the Organisation Undoing Tax Abuse (OUTA), discusses the ongoing challenges of the Lesotho Highlands Water Project Phase 2. Originally intended to address Gauteng's growing water demand by 2018, delays have pushed completion to 2028 or beyond. Rising costs, political interference, and infrastructure issues highlight the urgency of the project. Kleynhans emphasizes the long-term consequences of these delays on South Africa’s water supply, economy, and diplomatic relations with neighbouring countries.
Tue, 19 Nov 2024 - 10min - 14452 - BizNews Briefing-Biden sparks WW3 fears, WeBuyCars CEO on results, Naspers update, Spaza shops focus
Tonight’s BizNews Briefing dives into global tensions as Biden greenlights Ukraine’s use of US missiles against Russia, raising concerns about World War III. Also featured: We Buy Cars’ strong results, Clem Sunter’s war scenarios, NASPERS’ trading update, and the impact of food safety regulations on township businesses. Plus, get insights on PPC’s progress and Neil de Beer’s take on ANC dynamics.
Mon, 18 Nov 2024 - 29min - 14451 - Clem Sunter’s warning flags: Global tensions and SA’s future
In an insightful interview with Bronwyn Nielsen, veteran scenario planner Clem Sunter discusses red flags in global geopolitics, from Biden's missile authorizations in Ukraine to Trump's unpredictable return. He delves into the rising tensions in Israel, the leadership challenges in South Africa, and the existential threat of climate change. With cautionary flags raised, Sunter emphasizes the urgent need for pragmatic leadership to steer the world and South Africa away from potential crises.
Mon, 18 Nov 2024 - 27min - 14450 - WeBuyCars CEO Faan van der Walt on strong results amid tough economic times
Despite high interest rates and sluggish new vehicle sales, WeBuyCars has managed to deliver impressive growth and expand its footprint in South Africa's competitive automotive market. Bronwyn Nielsen speaks to CEO Faan van der Walt.
Mon, 18 Nov 2024 - 8min - 14449 - Spaza shop crackdown sparks debate on food safety and township economies - GG Alcock
'Kasinomics' expert GG Alcock discusses South Africa’s new 21-day spaza shop registration mandate that aims to address food safety concerns but faces backlash for its confusion and impact on township economies. Experts argue that the real issue lies in unregulated pesticide sales. The crackdown risks disrupting livelihoods, raising costs for residents, and creating enforcement challenges. Alcock spoke to Bronwyn Nielsen.
Mon, 18 Nov 2024 - 12min - 14448 - Trump will not let Musk steamroll him - Col Chris Wyatt
Some in the inner circle of US President-elect Donald Trump are rather irritated that South African-born Elon Musk is acting like he is co-president. But in this interview with BizNews, retired US Army Military Intelligence Officer Colonel Chris Wyatt says: “I wouldn't lose any sleep over Donald Trump being steamrolled by Elon Musk…Musk may be making lot of waves right now…(but) You will see that if he is being disruptive in a way that Trump doesn't like, he'll be pushed backwards a little bit.” As for Musk apparently turning his hand to US foreign policy by meeting with a leading Iranian official, Wyatt says it “came as a bit of surprise to folks on this side of the Atlantic”. However, he does hope that Musk will nudge Trump to do something about the loss of US influence on the African continent. “if…he puts a little earworm in Trump's ear about Africa or South Africa, then we're likely to see some action in Africa”. Commenting on AGOA and the African National Congress’ (ANC’s) resistance to US meddling in its affairs, Wyatt says: “If you don't want us in your business, then don't take money from us. You're taking plenty of money from Tehran and from Beijing. Just go there and get it.” Meanwhile, he predicts that SWAPO is “next on the list” of long-ruling parties in Africa to be ousted in an election.
Mon, 18 Nov 2024 - 13min - 14447 - De Beer tells Cyril to grow some… AND give back Gadaffi’s money…
On this Sunday Show with BizNews, United Independent Movement (UIM) President Neil De Beer describes how Libya’s late dictatorial despot, Muammar al-Gaddafi, propped up the African National Congress (ANC) government - and predicts - now that it has been confirmed by former Treasurer-General Matthews Phosa - the current Libyan government will not get back millions still “missing” because “there's too much money that has to be paid back by too many people”. De Beer lambasts “gutless” President Cyril Ramaphosa’s delayed response to the deaths of many children from contaminated snacks bought at Spaza shops - and warns that residents are taking the law into their own hands because of the “shortfall” of government action. De Beer tells CR: “You won't inspire me to lead an International Pillow Fighting team against Zimbabwe”. De Beer also slams Justice Minister Thembi Simelane for “seemingly dodging her own justice” over her VBS links. Meanwhile, he urges citizens to take advantage of a judgment that city officials can now be charged with dereliction of duty if their municipal areas are not kept up to standard. He also comments on the latest drama in the Economic Freedom Fighters (EFF), as well as the Zama-Zama humanitarian crisis.
Sun, 17 Nov 2024 - 25min - 14446 - From Antarctica, inspiring the next generation: Paul Gardiner’s eco documentary “Natural Born Runners”
Paul Gardiner is a renowned South African conservationist and avid long-distance runner. He has launched a new six-part documentary series, “Natural Born Runners,” exclusively on YouTube. The series is a project that blends his two passions, running and conservation, and aims to inspire a younger generation to connect with and protect the planet. Locations include the Eastern Cape, where his family has been involved in rewilding projects, Bahrain, Scotland and the USA. When BizNews caught up with him, Gardiner was in Antarctica, bracing -20°C, after completing a 21 km race with his brother, Murray. He discussed the challenges of filming and running in Antarctica due to the harsh terrain and extreme cold, highlighting global warming and avian flu as significant environmental concerns in the region. “If all the ice in Antarctica melts, sea levels will rise by 60 metres,” he told BizNews. Paul also recounted his experience visiting a recently discovered penguin colony that shows no fear of humans. The video material, shot by his filmmaker friend, Christian Antoine, is a must-see. – Linda van Tilburg
Fri, 15 Nov 2024 - 12min - 14445 - How to get your talented SA athlete a US college athlete scholarship – Tyler Hollingsworth, Sable
Having a sports scholarship to a U.S. university has been a transformative opportunity for many athletes worldwide, offering unique paths for personal and professional growth. However, talent alone isn’t enough, as Tyler Hollingsworth from Sable International told BizNews in an interview. Strong academic performance is crucial, he emphasised, adding that even a prodigy like Cristiano Ronaldo wouldn’t gain entry to a prestigious school without good grades. He noted that sports such as swimming, golf, and tennis are where many South African athletes go abroad, thanks to coaches with strong institutional connections and a good understanding of the process. Hollingsworth stressed the importance of considering such a move early in one’s academic career. While parents often discourage social media, it can be advantageous when applying for a US college athlete scholarship, as it helps attract the attention of coaches. Hollingsworth, who earned a finance degree in the US while playing football, started a company to help students follow in his footsteps and joined Sable International earlier this year. Three students from his programme have competed in the Olympics, and he has secured over a billion rand in academic and sports scholarships for students.
Wed, 13 Nov 2024 - 19min - 14444 - BizNews Briefing: Joburg home value appeal sham; Celebrities and deep fake scams
In this episode of the BizNews Briefing - two days of sham appeals hearings shows Joburg Metro is systematically overvaluing homes to extract unfairly high rates from residents; and Magnus Heystek addresses a claim that high profile figures appearing in deep fake ads should do more to stop the public being scammed. Plus all the key business news of the day…..
Thu, 14 Nov 2024 - 29min - 14443 - Inflated property valuations put Joburg residents at risk: City’s appeals process questioned
As Johannesburg battles financial pressures, property owners are increasingly burdened by inflated valuations that impact their municipal rates. In an interview with Alec Hogg, BizNews community members Rene Kilner and Charles Boles unpacked the city’s flawed valuation appeals process, detailing its significant repercussions for residents, particularly pensioners. Despite attempts to appeal these skyrocketing valuations, both Kilner and Boles reveal that the system appears heavily skewed in favor of municipal revenue generation, leaving many property owners with few options but costly litigation.
Thu, 14 Nov 2024 - 16min - 14442 - Stafford Masie: Trump tech trades; Bitcoin; and the new tech world order
In this gripping BizNews interview, Crypto guru and entrepreneur Stafford Masie highlights the transformative nature of Bitcoin, likening it to previous technological disruptions. He reflects on Bitcoin's unique attributes—its decentralised, energy-linked, immutable structure—as revolutionary, providing a "true" form of money and a hedge against the limitations of fiat currency. He discusses growing institutional interest, such as BlackRock's ETF, and the potential for nations to adopt Bitcoin as a reserve asset. This underscores Bitcoin’s potential to reshape financial systems, despite resistance from traditional economists and regulators. Masie spoke to BizNews editor Alec Hogg.
Thu, 14 Nov 2024 - 45min - 14441 - Magnus Heystek: Public figures not liable for deepfake scam losses
Brenthurst Wealth’s Magnus Heystek addresses the growing issue of deepfake ads using the likeness of high-profile figures like Johann Rupert and Elon Musk. Heystek argues that holding these figures responsible for gullible investors’ losses is unreasonable, emphasizing that the onus remains on individuals to verify legitimacy before investing. Heystek spoke to BizNews editor Alec Hogg.
Thu, 14 Nov 2024 - 11min - 14440 - POPCRU president declares an end to political correctness…
Police and Prisons Civil Rights Union (POPCRU) President Thulani Ngwenya has drawn a line under political correctness because he believes workers should not have to pay the price of government’s failures, politicians’ greed, or financial mismanagement. In this interview with BizNews, has hails the “surprise” support from new Correctional Services Minister Dr Pieter Groenewald, and hails him for acknowledging the severity of lack of resources and the impact of government’s broken promise of 40,000 new members, as well as for pledging to implement the proposed shift system, and for agreeing on the necessity of the self-sustainability programme in Correctional Services which POPCRU first tabled in 2015, and which involves putting inmates to work to contribute toward their own upkeep while gaining valuable skills. He also has praise for new Police Minister Senzo Mchunu. “We have agreed with him that we are going to have a sort of a presentation with him to show him the loopholes”. Furthermore, Ngwenya shares details of the urgent reforms POPCRU is fighting for in the Criminal Justice Cluster.
Thu, 14 Nov 2024 - 14min - 14439 - Adapting to volatility: How Westbrooke is seizing UK real estate debt opportunities amid shifting rates
James Lightbody, Head of Real Estate Debt at Westbrooke UK, discusses the evolving landscape of the UK real estate debt market in an interview with Alec Hogg. He compares the UK’s conservative lending environment to South Africa’s bank-dominated market, explaining how rising interest rates and political changes have created new opportunities for specialised lenders like Westbrooke. Lightbody highlights the firm’s focus on income-producing assets and its adaptable risk philosophy, giving it a competitive edge. South African investors seeking offshore exposure to UK real estate can access Westbrook’s funds through local investment advisors for attractive, low-risk returns.
Wed, 13 Nov 2024 - 19min - 14438 - BizNews Briefing - Cronjé on how SA can win with Trump; Bitcoin booming
In this episode of the BizNews Briefing, host Alec Hogg talks live with Bitcoin maximalist Stafford Masie and shares Dr Frans Cronjé’s suggestions on how SA can win big from the Trump presidency (and avoid even bigger losses) - and no, it’s not about AGOA. Plus all the key business news of the day…..
Wed, 13 Nov 2024 - 27min - 14437 - Boxer’s growth potential shines as Pick n Pay spins off retail powerhouse - Evan Walker
Evan Walker of 36One unpacks the upcoming Boxer listing, detailing its strong growth trajectory, Pick n Pay’s decision to sell, and why Boxer’s straightforward, value-focused approach makes it a compelling investment in South Africa’s retail sector. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. The seventh BizNews Conference, BNC#7, is to be held in Hermanus from March 11 to 13, 2025. The 2025 BizNews Conference is designed to provide an excellent opportunity for members of the BizNews community to interact directly with the keynote speakers, old (and new) friends from previous BNC events – and to interact with members of the BizNews team. Register for BNC#7 here.
Wed, 13 Nov 2024 - 9min - 14436 - Frans Cronjé: The GNU, US Election, how SA can flourish with Trump’s America
An in-depth discussion with political scientist Dr Frans Cronjé who shares well-researched insights on why Donald Trump had the US election tied up long before November 5; what the sweeping Republican victory tells us how the world’s biggest economy will operate in the global arena in the next four years (at least); how SA can use a unique asset to extract benefits from the transactional US president; and some very real threats to the sustainability of its Government of National Unity. Cronjé spoke to BizNews editor Alec Hogg.
Wed, 13 Nov 2024 - 56min - 14435 - Trump administration could ignite commercial property growth and clear regulatory hurdles – Justin Clarke, Orbvest
Donald Trump’s re-election as US President is expected to accelerate the US economy, boost confidence, and benefit the commercial real estate market. That is according to Justin Clarke, the Director of Operations at OrbVest, a company that invests in medical commercial real estate across the USA. Clarke said a good economy boosts confidence, leading to more companies signing long-term leases, unlike the post-COVID era marked by uncertainty. In an interview with BizNews, Clarke highlighted the burdensome regulations in the US real estate, which cause delays and increased costs, and expressed the hope that the new administration might streamline these regulations to enhance efficiency. The influence of Elon Musk, who has become a close confidant of Trump, could lead to a push for the US government to deregulate, he says. Commenting on some of OrbVest’s medical real estate buildings that have not performed as expected, Clarke said that COVID led to tenants walking away from office spaces, and rising interest rates have caused challenges. However, he said, “the wind is starting to blow behind us.” Added to a changing economy is an ageing US population with increasing healthcare costs, which he said ultimately means more tenants and more money flowing around in the healthcare space. And here is an interesting titbit he shared: the US government has so far been OrbVest’s worst tenant.- Linda van Tilburg
Tue, 12 Nov 2024 - 17min - 14434 - BizNews Briefing: SA’s most exciting new listing in years; Elon Musk and the White House
In this episode of the BizNews Briefing, which is now aired live at 6pm every night, host Alec Hogg talks to top SA retail investor 36ONE’s Evan Walker about his lunchtime meeting with the team at Boxer, the spinoff from Pick n Pay which will list on 28 November and “should be in everyone’s portfolio”. Also, in this programme, a visual insight into Elon Musk’s ascension into a powerful White House role.
Tue, 12 Nov 2024 - 26min - 14433 - Nicky Newton-King on transforming Stellenbosch University, leading through change, and navigating global shifts
In a recent interview, former JSE CEO and Stellenbosch University Council chair Nicky Newton-King discussed transforming Stellenbosch amid controversy, promoting inclusive leadership, and balancing her international board roles. She emphasised active listening and values-based leadership as essential for navigating complex changes in both academia and the global business landscape.
Tue, 12 Nov 2024 - 10min - 14432 - BizNews Briefing - No stopping Bitcoin? SA Equities in focus, Boxer listing & Wilgenhof update.
In today’s BizNews Briefing, Bronwyn Nielsen delves into South Africa’s equity landscape with Charl de Villiers from Ashburton, who shares the strategic shift toward local equities and the untapped value in mid-caps. The discussion extends to Nicky Newton-King, former JSE CEO and Stellenbosch University Council chair, as she addresses challenges at Wilgenhof, her views on navigating change, and reflections on the broader economic sentiment in South Africa.
Tue, 12 Nov 2024 - 27min - 14431 - NewsWrap: Bitcoin hits new highs, Trump gains support; Rupert’s trade moves; de Beer on BELA; Khumalo on corruption
Today on BizNews Newswrap, Lucienne Ferreira dives into Bitcoin’s explosive new heights, fresh shifts in U.S. politics, and Johan Rupert’s bold efforts to strengthen South Africa’s trade ties. With insights on local corruption concerns, the BELA Bill controversy, and top moves in the SA stock market, this wrap has everything you need to stay ahead. Don’t miss it!
Mon, 11 Nov 2024 - 11min - 14430 - David Shapiro analyses market shifts and the "Trump bump"
With Trump’s influence making waves in the U.S. economy, David Shapiro from Sasfin Wealth joins Alec Hogg to dissect how market dynamics are being reshaped. From deregulation benefits and small-cap growth to the electric vehicle slowdown, Shapiro explains the impact of Trump’s policies and the forces behind key stocks like Tesla and Palantir
Mon, 11 Nov 2024 - 7min - 14429 - Trump’s re-election is fuelling Bitcoin surge: Insights from Jaltech’s Jason Welz
Jason Welz, Head of Digital Assets at Jaltech, discusses Bitcoin's recent surge, attributing it partly to Trump’s re-election, which may lead to relaxed crypto regulations. Institutional interest is also driving Bitcoin’s appeal as a “trustless” asset. While optimistic, Welz advises cautious investment, suggesting a portfolio allocation of 2–5% for average investors.
Mon, 11 Nov 2024 - 6min - 14428 - BizNews Briefing - Trump Bump; Bitcoin above $80,000; MKP founder; Rupert batting for SA
We have introduced a streamlined format for the daily BizNews Briefing, making consumption easier for those interested in business, investments and the political economy. In this episode host Alec Hogg has live guests to provide context on the Trump Bump on Wall Street, and Bitcoin’s surge above $80 000, with plenty more news including SA’s richest man Johann Rupert engaging directly with Donald Trump on keeping the country in AGOA, and MKP founder Jabulani Khumalo attacking its recent recruit Adv Dali Mpofu.
Mon, 11 Nov 2024 - 29min - 14427 - De Beer: The Bermuda Triangle of politics & the dark underworld of assassinations…
On this edition of the Sunday Show with BizNews, Neil de Beer, the President of the United Independent Movement (UIM), says South Africans have lost political decorum. He slams the “everlasting circus that is being played by the ANC, the GNU partnership” - and calls it “a tremendous play of power, greed, innuendos, treachery, treason and self implosion”. De Beer describes how the BELA Bill protest saw “Cabinet (ministers) marching against itself”, and as “a deeper level of madness” the ANC marching - also against itself - for better service delivery. Delving into the underworld, De Beer talks about the assassination of kingin Mark Lifman in an environment of “pressure coming from inside the group and pressure from outside…global pressure…cartel pressure…governmental pressure”. And he calls the declassification of the IPID investigation into the assassination of Lieutenant-Colonel Charl Kinnear of the Anti-Gang Unit “a shocking indictment of…the people that represent us on the Thin Blue Line”. Lastly, he gives his take on Trump’s US Presidential victory and the role South African-born Elon Musk played in getting him elected. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. The seventh BizNews Conference, BNC#7, is to be held in Hermanus from March 11 to 13, 2025. The 2025 BizNews Conference is designed to provide an excellent opportunity for members of the BizNews community to interact directly with the keynote speakers, old (and new) friends from previous BNC events – and to interact with members of the BizNews team. Register for BNC#7 here.
Sun, 10 Nov 2024 - 41min - 14426 - Jabulani Khumalo: A “lying” Mpofu, a “bitter” Zuma - and a “joke” GNU
In his second interview with BizNews, the real founder of uMkhonto weSizwe Party (MKP), Jabulani Khumalo, bluntly calls Advocate Dali Mpofu a liar for claiming that he secretly set up MKP with former President Jacob Zuma. However, he says Mpofu was part of a plot to hijack the party he had founded. He also describes how he had guns pointed at him twice after false claims that he was going to deregister MKP. He speaks of how Zuma is making “all these mistakes” because he is bitter and angry - especially at President Cyril Ramaphosa. Khumalo is outraged at the corruption accused in MKP’s top structure - and says they are not in MK to work for the people. “They are in there to fight their battles”. As for the Government of National Unity (GNU), Khumalo says: “For me, it's a joke. People of South Africa need a government that is clean…GNU is doing nothing for the people. They are only trying to safeguard their positions in the government.”
Fri, 08 Nov 2024 - 22min - 14425 - Rory Steyn’s mission to secure a lasting legacy for the Comrades Marathon
In this BizNews Briefing interview Rory Steyn, a member of the Comrades Marathon Board of Trustees and former security chief for Nelson Mandela, discussing his role in safeguarding the legacy and spirit of the Comrades Marathon. Steyn talks passionately about the race's unique cultural and historical significance in South Africa, emphasizing its role in bringing people together from diverse backgrounds. He outlines the challenges the Board faces in balancing the preservation of the marathon's core values with the need for modern innovations and commercial support. Additionally, Steyn highlights the importance of developing young talent and maintaining inclusivity within the race, while upholding the event’s reputation as a symbol of resilience, community, and South African identity. His commitment reflects a vision for the marathon to continue inspiring future generations. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. The seventh BizNews Conference, BNC#7, is to be held in Hermanus from March 11 to 13, 2025. The 2025 BizNews Conference is designed to provide an excellent opportunity for members of the BizNews community to interact directly with the keynote speakers, old (and new) friends from previous BNC events - and to interact with members of the BizNews team. Register for BNC#7 here.
Fri, 08 Nov 2024 - 16min - 14424 - Eskom threatens total power cut to Johannesburg over R5bn debt - with OUTA CEO Wayne Duvenage
Eskom is threatening to cut off Johannesburg’s electricity due to the city’s mounting debt, now at R5 billion. Speaking to BizNews editor Alec Hogg on this morning's BizNews Briefing podcast, OUTA CEO Wayne Duvenage highlighted a growing crisis of municipal mismanagement and warned of severe consequences if leadership doesn’t change course. Civil society’s frustration is boiling over, and drastic action may be imminent.
Fri, 08 Nov 2024 - 7min - 14423 - Anthony Ginsberg: US stock’s Trump bump is just the beginning
California-based Anthony Ginsberg of ETF house GinsGlobal has been on the money in his insights ahead of and after the US presidential election. In this upbeat interview with BizNews editor Alec Hogg, he explains why it is not too late for laggards to participate in the fresh bull run for US stocks, particularly in the tech sector. Among the reasons for the US economy - and stocks - benefitting is pent-up demand for corporate actions and accelerated cuts in interest rates.
Fri, 08 Nov 2024 - 20min - 14422 - BizNews Briefing: Eskom v Jhb; Trump stock bump; Sappi; Truworths; Comrades; SA v Scotland
In this episode of the BizNews Briefing, host Alec Hogg provides context on stories of the moment with guests (in order of appearance) Wayne Duvenage (OUTA); Magnus Heystek (Brenthurst); Steve Binnie (Sappi); Anthony Ginsberg (GinsGlobal); Lord Mayor of London Prof Michael Mainelli; and Rory Steyn on the Comrades Collective and his son, Scotland rugby captain Kyle.
Fri, 08 Nov 2024 - 1h 00min - 14421 - Truworths CEO Michael Mark explains why GNU mood hasn’t reached Main St - yet
The Truworths share price dropped sharply after a business update disclosed sales in the fashion retailer’s 802 South African stores were flat for the four months to end October. CEO Michael Mark, in the Truworths hot seat for some 36 years, shares insights on where we are in the retailing cycle, providing context on the GNU-promised recovery after a decade of intense challenges for the sector. He spoke to BizNews editor Alec Hogg.
Thu, 07 Nov 2024 - 21min - 14420 - NewsWrap: Trump election victory - Hersov, Kooyman, Cilliers react; Gauteng’s high-tech crime-fighting; Sappi
In today’s episode of NewsWrap, Kamala Harris concedes the US election. Business leader and ‘capitalist activist’ Rob Hersov, Denker Capital Director Kokkie Kooyman, and futurist Jakkie Cilliers react to Donald Trump’s election victory. Chris Steyn sits down with Gauteng MEC for e-Government, Bonginkosi Dhlamini who highlights the province’s recent achievements in high-tech crime-fighting. And Sappi CEO Steve Binnie unpacks the company’s strong quarterly results.
Thu, 07 Nov 2024 - 16min - 14419 - What Trump’s presidency could mean for SA: Insights from Jakkie Cilliers
In the wake of Donald Trump’s latest election victory, Jakkie Cilliers, founder of the Institute for Security Studies, shares his concerns about Trump’s transactional approach to international relations and what it could spell for South Africa. From trade to climate commitments, Alec Hogg of BizNews delves into how Trump’s policies might impact the continent’s economy and geopolitical standing. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Thu, 07 Nov 2024 - 11min - 14418 - Gauteng’s high-tech fight against crime…
In this interview with BizNews, the Gauteng MEC for e-Government, Bonginkosi Dhlamini, highlights recent achievements in crime-fighting over the first 100 days in office. He describes how the use of innovative technology - including a vast network of CCTV cameras - is shaping safer communities by tracking suspicious activity and vehicles. He also gives details of the e-Government Panic Button initiative in which a physical button is given to the elderly who then download the App on their smartphones. “The app allows users to trigger an alarm with the touch of a button, sending real GPS coordinates to emergency responders for a faster and more efficient response. This initiative aims to…improve public safety and provide an accessible tool to residents to protect themselves in high-risk situations.”
Thu, 07 Nov 2024 - 7min - 14417 - Rob Hersov on Trump’s win: A new path for the US and lessons for South Africa
In this morning's BizNews Briefing with Alec Hogg, Rob Hersov discusses Donald Trump’s recent election victory, highlighting its potential impact on global politics and South Africa’s future. Hersov shares insights on the shift towards Trump among business leaders, and urges South Africa to reflect on economic policies and political alignment. He stresses that the victory could bring both challenges and opportunities for South Africa as it navigates its place in the global economy.
Thu, 07 Nov 2024 - 11min - 14416 - Sappi share price jumps 9% - CEO Binnie on today’s positive earnings surprise
South African-based multinational Sappi delivered far more robust results than anticipated during its final quarter, catching investors by surprise with the full-year results to end September released today. CEO Steve Binnie chats to BizNews editor Alec Hogg about the R32bn wood-fibre group’s transformation into global leadership in a new area - and a $400m investment into a US plant that may well benefit from the result of the presidential election’s result.
Thu, 07 Nov 2024 - 21min - 14415 - Investment sector sees surge as Trump policies fuel optimism - Kokkie Kooyman
Investment manager Kokkie Kooyman discusses how Trump’s pro-growth policies are driving financial stocks higher, with relaxed regulations and tariff protections boosting banks. He also highlights South Africa's economic challenges, citing corruption and bureaucracy as key barriers to growth, though recent reforms show some promise for recovery.
Thu, 07 Nov 2024 - 16min - 14414 - BizNews Briefing - US Election Shifts, Trump’s Return, and Global Ripples: Implications for South Africa
In this morning's BizNews Briefing, industry experts weigh in on the shifting political and economic landscape, from the U.S. election results to South Africa’s response to rising fraud and systemic corruption. While optimism grows over Trump’s return and its potential business-friendly effects, concerns emerge about South Africa’s position in a changing global order, including the impact of Trump’s policies on U.S.-Africa trade relations and South Africa's economic future. The conversation also highlights local challenges, from police reforms to the fight against insurance fraud.
Thu, 07 Nov 2024 - 1h 01min - 14413 - NewsWrap: What Trump’s election win means; new Tshwane Mayor’s action plan; OUTA v ESKOM; SA’s top-performing stock
In today’s episode of NewsWrap, Donald Trump has won the 2024 US presidential election, our partners at Bloomberg report on his victory; Sasfin Wealth’s Chief Investment Strategist David Shapiro unpacks why Trump is so popular to voters in the US, and Mining Maven Peter Major discusses what a second Trump presidency could mean for the sector; new Tshwane Mayor Dr Nasiphi Moya details her action plan to get the struggling metro back on its feet; OUTA CEO Wayne Duvenage updates us on what his organisation is doing to hold Eskom accountable after the electricity supplier proposed a 66% price hike over the next three years; and Altron has been South Africa’s top-performing stock over the last year, so BizNews editor Alec Hogg sat down with CEO Werner Kapp to find out why Altron has been so successful.
Wed, 06 Nov 2024 - 19min - 14412 - OUTA’s Wayne Duvenage warns of "death spiral" for Eskom amid 66% rate hike demand
South Africa’s ongoing electricity and water crises have once again taken center stage, with Wayne Duvenage, CEO of the Organisation Undoing Tax Abuse (OUTA), shedding light on the root causes and potential solutions. In a recent conversation with Alec Hogg, Duvenage emphasized the critical role of government responsibility, efficiency, and accountability, especially in essential services like electricity and water. He also urged citizens to support organizations like OUTA, which fight for transparency and systemic change. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. The seventh BizNews Conference, BNC#7, is to be held in Hermanus from March 11 to 13, 2025. The 2025 BizNews Conference is designed to provide an excellent opportunity for members of the BizNews community to interact directly with the keynote speakers, old (and new) friends from previous BNC events - and to interact with members of the BizNews team. Register for BNC#7 here.
Wed, 06 Nov 2024 - 13min - 14411 - Sibanye's challenges and South Africa’s gold future: insights from Peter Major
Peter Major, Director of Mining at Modern Corporate Solutions, discusses challenges facing South Africa’s mining industry. He highlights political volatility in the U.S., Sibanye’s financial performance, and South Africa’s dwindling gold production due to high costs and regulatory burdens. Major urges regulatory reform to attract investment and sustain the sector.
Wed, 06 Nov 2024 - 13min - 14410 - The “Crime-Fighting” Cameras that are saving lives…
The Gauteng Provincial Government has been tapping into a vast CCTV camera network to fight the high levels of crime in the province. In this interview with BizNews, Michael Varney, the Chief Commercial Officer of Vumacam, details the size of the network which has spread throughout Johannesburg, Ekurhuleni, Tshwane, Mogale - and now even into the Western Cape where it has planted its first network in conjunction with the Saldanha Bay Municipality. He details the “multitude of successes” achieved with the public-private partnership in Gauteng where it has been able to reduce response times from 18 to 30 minutes down to five to 10 minutes. As for the technology, apart from number plate recognition cameras, there are also overview cameras that pick up suspicious behaviour as well as smoke in a city notorious for building fires. “…the minute smoke is picked up, we're able then to create an alert and dispatch appropriately, leading to enormous successes in the prevention of the loss of life.”
Wed, 06 Nov 2024 - 12min - 14409 - Tshwane: The ESKOM debt, the water crisis, the new Mayor’s 100-Day Action Plan…
The new Mayor of Tshwane, Dr. Nasiphi Moya, is faced with debt of over R11 billion, while creditors owe the City over R28 billion. In this interview with BizNews, Dr Moya details her 100-day action plan to save the Metro; gives viewers the low-down on behind-the-scenes talks on a payment plan of the almost R7-billion it owes ESKOM alone. She details measures to mitigate the water crisis; and gives an update on her other priorities, including infrastuctructure development, economic revitalisation, equitable basic service delivery, by-law enforcement and inner-city rejuvenation. Dr Moya says the “anxiety that we as politicians caused” in the lead-up to the Motion of No Confidence in her predecessor “is unforgivable”, but she vows not to let issues inside the council chambers translate into lack of service delivery.
Wed, 06 Nov 2024 - 30min - 14408 - David Shapiro on US Election Market Jitters and SA’s Construction Crisis
In this morning's BizNews Briefing with Alec Hogg, David Shapiro shares his take on Trump’s polarizing influence on markets and the fallout for US bonds. Closer to home, Shapiro discusses the struggles of South African construction giants like Murray & Roberts, now mere shadows of their former selves amid a stagnant economy.
Wed, 06 Nov 2024 - 33min - 14407 - SA’s top-performing stock for 2024 (so far) - Altron CEO Kapp explains why
Altron has been in a two-horse race with WeBuyCars for the title of the JSE’s best-performing stock of the year. Both are the creations by entrepreneurs who kept them family controlled for much of the business’s lives. After the release of interim results at the end of August, however, Altron has opened up some space, with the share price bump taking its year-to-date gain to 107%. CEO Werner Kapp talks to BizNews editor Alec Hogg about Altron’s transformation.
Wed, 06 Nov 2024 - 20min - 14406 - BizNews Briefing - US Election; Sibanye surges; Eskom price hike; Water crisis; Altron top SA stock
This morning's BizNews Briefing, on air here from 7am, featured the latest on the US Presidential Election where Donald Trump is edging ahead; and live contributions from David Shapiro, Peter Major and Wayne Duvenage.
Wed, 06 Nov 2024 - 1h 01min - 14405 - NewsWrap: SA on the global stage - trade; security; and top cop corruption showdowns
In today’s episode of NewsWrap, we tackle South Africa’s pivotal role in global and domestic issues. Deputy Minister of Trade, Industry and Competition Andrew Whitfield shares progress on trade ties with the US, while Old Mutual CEO Iain Williamson discusses the potential impact of South Africa’s upcoming G20 presidency. Protea Capital’s Jean Pierre Verster breaks down market volatility ahead of the US election; and MP Fadiel Adams - a member of Parliament's Portfolio Committee on Police - exposes shocking corruption allegations within SAPS leadership. Join us for insights into these critical developments shaping South Africa’s future.
Tue, 05 Nov 2024 - 14min - 14404 - Old Mutual CEO Iain Williamson: Optimism for SA, Old Mutual Bank, and G20 presidency
In a recent interview with BizNews Briefing host and Nielsen Network CEO Bronwyn Nielsen, Iain Williamson - CEO of Old Mutual - shared an optimistic outlook on South Africa’s economic prospects, the upcoming launch of Old Mutual Bank, and the nation’s forthcoming G20 presidency. The conversation highlighted a noticeable momentum shift within the country, presenting signs of economic improvement and international recognition, while Old Mutual itself prepares for a groundbreaking new venture. This discussion provides a comprehensive look at Old Mutual’s insights on the country’s progress, its economic recovery, and a transformative future in banking.
Tue, 05 Nov 2024 - 9min - 14403 - FW de Klerk Foundation urges Ramaphosa to be consistent in his message of peace - Christo van der Rheede
The FW de Klerk Foundation has welcomed the awarding of the Nobel Peace Prize to Nihon Hidankyo, a grassroots movement of atomic bomb survivors. This movement has been honoured for using the testimony of the survivors of Hiroshima and Nagasaki to advocate against the use of nuclear weapons ever again. Christo van der Rheede, the Executive Director of the Foundation, highlighted in an interview with Biznews that South Africa has a proud legacy of promoting peace, with Presidents Nelson Mandela and FW de Klerk both receiving the Nobel Peace Prize for their roles in bringing peace to South Africa. Van der Rheede also noted that De Klerk took a significant step further by deciding to disarm South Africa, ensuring the country’s nuclear weapons were destroyed, making South Africa the first nation to take such action. He has called on President Cyril Ramaphosa to be consistent in his message: “Stand up and say enough is enough.” Van der Rheede argued that Ramaphosa cannot hold the Israelis accountable for events in the Middle East while remaining silent about the atrocities committed by Putin or Hamas. All those entities, he said, are out to destroy instead of engaging in dialogue, as Presidents Mandela and De Klerk had done.
Mon, 04 Nov 2024 - 16min - 14402 - SAPS “Mafia”: The “biggest gang” in the country - charges laid against top cops…
A member of Parliament's Portfolio Committee on Police has laid charges against four top members of the South African Police Force. He is Fadiel Adams, who is also the Leader of the National Coloured Congress (NCC]. The officers include Crime Intelligence Head Major General Dumisani Khumalo. In this interview with BizNews, Adams details allegations against the top officers. He also reveals what he was told in Westville Prison by a former Task Force member who has been on remand for almost five years on a charge of defeating the ends of justice after he refused to carry out a political arrest. “The South African Police Services appears to be a mafia. It appears to be the biggest gang in the country,” Adams says. Meanwhile, he is in no doubt that he will face retaliation - and may even be killed - for taking action. “Now when I took this thing up, I was asked by a very good friend of mine, are you sure you want to do this? I said, why would you ask me this? I have to do this. He said to me, Boeta, you're not going up against the gang boss. A gang boss has two, 300 soldiers. These people have a hundred thousand. He said, SARS will be in your pockets tomorrow morning. Charges will be trumped up against you. Your name will be smeared in the media. I said, they need to do what they need to do because this is our police services, not his. If people are misusing secret state funds to buy cars, to establish political task teams, to have political opponents killed, to have good policemen locked up, then the rest of us need to speak up about it.”
Tue, 05 Nov 2024 - 16min - 14401 - BizNews Briefing - US Election; Kerri-Ann Sattary - Cogence; Iain Williamson - Old Mutual CEO & more
In this BizNews Briefing, Bronwyn Nielsen is joined in studio by portfolio specialist Kerry-Ann Sattary, Old Mutual CEO Iain Williamson, and Protea Capital Management founder Jean-Pierre Verster to discuss the ripple effects of the US election on markets and economic policy. As Sattary breaks down potential election outcomes and Fed rate decisions, Williamson shares an optimistic outlook on South Africa's emerging economic environment, and Verster highlights strategic opportunities in both local and international markets. This episode dives into critical trends, from SA’s growth challenges to investment shifts in global markets.
Tue, 05 Nov 2024 - 51min - 14400 - Deputy Trade Minister Whitfield: Strengthening US relations; supporting small businesses in SA; GNU progress and more..
Deputy Minister of Trade, Industry and Competition Andrew Whitfield emphasised the South African government’s efforts to support small businesses, strengthen US relations, and address unemployment through policy reforms. By focusing on infrastructure, market access, and responsive support, the DTIC aims to foster economic growth and create jobs amid the country’s challenging economic landscape.
Tue, 05 Nov 2024 - 14min - 14399 - NewsWrap: US election update; SAPS; Gauteng water crisis; Maimane on GNU; De Beer on Mashatile; Summers on Pick 'n Pay
In this edition of NewsWrap from BizNews, we delve into critical updates on the US elections and expose troubling political interference within the South African Police Service, alongside urgent insights into Johannesburg’s declining infrastructure. Former DA leader Mmusi Maimane critiques the DA-ANC coalition for missed reform opportunities, while UIM President Neil De Beer labels Deputy President Paul Mashatile’s land policy a distraction from corruption allegations. Finally, Pick n Pay CEO Sean Summers shares an optimistic outlook on the company’s strategic partnership with FNB. Tune in for all the highlights!
Mon, 04 Nov 2024 - 18min - 14398 - SA politics at a crossroads: Maja and Maimane speak out on ANC’s decline and failing municipalities
In a candid discussion on the BizNews Briefing podcast, Makone Maja of the Institute for Race Relations and Mmusi Maimane, leader of Build One South Africa, addressed South Africa’s political crisis. They discussed the fallout from ANC’s governance challenges, the Democratic Alliance’s controversial coalition, and the deteriorating state of Johannesburg and Tshwane.
Mon, 04 Nov 2024 - 22min - 14397 - Investor Insights: David Shapiro on the impact of the US election on global markets and more...
In an interview with BizNews editor Alec Hogg on this morning's BizNews Briefing podcast, market expert David Shapiro discussed critical issues affecting the South African cement industry and the implications of the upcoming US presidential election. He expressed concerns about the cement industry's future amid a shift towards alternative materials and emphasized the need for government infrastructure investment. Shapiro also addressed the challenges facing Tongaat Hulett in business rescue and reflected on the potential impact of political stability with a new US leader.
Mon, 04 Nov 2024 - 10min - 14396 - CEO Summers discusses Pick 'n Pay turnaround, eBucks partnership, and the path forward
Speaking to BizNews editor Alec Hogg on the BizNews Briefing podcast this morning, Pick n Pay CEO Sean Summers discussed the company’s strategic turnaround, highlighted by a new partnership with FNB’s eBucks program. Despite challenges, Summers is optimistic about the company’s future, aiming to reinvest in stores, leverage Boxer’s success, and foster a revitalised corporate culture focused on quality and customer loyalty.
Mon, 04 Nov 2024 - 14min - 14395 - BizNews Briefing - David Shapiro; Sean Summers; Makone Maja; Mmusi Maimane - and more
In this episode of the BizNews Briefing, host Alec Hogg discusses the eBucks deal; Boxer listing and progress on the turnaround with Pick n Pay CEO Sean Summers; gets context from David Shapiro and Makone Maja about the freshest investment and political news; and celebrates a triumph of democracy in Botswana with BOSA leader Mmusi Maimane. The programme is broadcast live from 7am to 8am weekday mornings.
Mon, 04 Nov 2024 - 59min - 14394 - De Beer: Mashatile the Dodger; Kodwa & Co - the Protected; Mashaba & Majozi; the Race Card; & Zille bombshell loading…
On this edition of the Sunday Show on BizNews, Neil de Beer, the President of the United Independent Movement, says Deputy President Paul Mashatile - who has reaffirmed government's commitment to expropriation of land without compensation - should be hauled before court on “terrible” charges of corruption; examines the possible reasons behind the dropping of a corruption charge against former Minister of Sports, Arts and Culture Zizi Kodwa and lists several other cases that have been withdrawn - despite “tantamount evidence”. He gives his verdict on the war of words between ActionSA leader Herman Mashaba and political economist Phumlani M. Majozi over social media posts by the latter - and explains why he believes they are both in the wrong. He also vows to get the inside story on an apparently leaked Helen Zille video about “the ANC's manipulation (in GNU negotiations), apparently to keep international relationships and international ministries going because that's where they get most of their stuff”. Furthermore, De Beer comments on the election outcomes in Botswana - where the ruling party was peacefully ousted after 58 years in power - and in Mozambique where unrest has broken out over Frelimo’s alleged rigging of the election - amid rumours that Swapo could lose the next election in Namibia.
Sun, 03 Nov 2024 - 26min - 14393 - Corion Report - Interest rate bump, shares fall on risky US candidate
Corion’s David Bacher shares his team’s monthly report-back on investment market performance, reflecting on a soggy October when a good start deteriorated into a poor ending. US inflation edged higher, causing an unexpected bump in interest rates and weaker share prices worldwide. Bacher explains that investors worry that no matter which presidential candidate wins, the American State’s profligacy will worsen, bringing fresh pressure onto the country’s finances.
Fri, 01 Nov 2024 - 22min - 14392 - Caught in a scam: How Banxso lured an investor into a financial trap
In this eye-opening BizNews Briefing interview, a victim of the Banxso investment scheme reveales how they were lured by promises of high returns and reassurances from "financial experts." Through emotional testimonials, they describe the intense pressure and deceptive tactics that led them to invest their savings, only to face devastating losses. This interview sheds light on the human cost of financial scams, as survivors share their experiences and offer warnings to those navigating the world of online investments. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Fri, 01 Nov 2024 - 18min - 14391 - Ex-mayor Brink criticises ActionSA’s coalition, warns of ANC-EFF influence in Tshwane
Speaking to BizNews editor Alec Hogg on this morning's BizNews Briefing podcast, former Tshwane Mayor Cilliers Brink discussed his views on the destabilising effects of the ActionSA-ANC-EFF coalition on Tshwane's governance, citing setbacks in financial recovery and infrastructure management. Brink highlighted his concerns over ANC control and the potential impact on Tshwane’s future, emphasizing the DA's commitment to growth and stability in Gauteng.
Fri, 01 Nov 2024 - 14min - 14390 - Johannesburg on the brink: RW Johnson on water, infrastructure, and political missteps
In this gripping interview, political analyst and regular BizNews columnist RW Johnson discussed Johannesburg’s water crisis, describing it as a “national calamity” born of decades of infrastructure neglect and political gridlock. Speaking with BizNews editor Alec Hogg, Johnson unpacked the historical missteps that led the city to the brink and questioned whether Johannesburg’s decline could still be reversed.
Fri, 01 Nov 2024 - 20min - 14389 - Investor Insights: Market 'speed bumps' won't halt Tech's long-term growth, with Anthony Ginsberg
Anthony Ginsberg, managing partner of GinsGlobal, offers valuable insights into the recent market volatility impacting big tech. As Alec Hogg discusses in his latest interview, tech stocks like Amazon, Meta, and Microsoft face heightened scrutiny due to intensified AI investments and antitrust challenges under the current administration. Ginsberg shares his forecast on the impact of the upcoming U.S. presidential election on tech sector dynamics, predicting a potential relief rally if regulatory restraints are eased. In the meantime, the surge in AI and cloud spending is set to reshape the tech landscape, presenting both risks and opportunities for investors.
Fri, 01 Nov 2024 - 15min - 14388 - RW Johnson; Banxso victim; Cilliers Brink; Ginsberg wrap on Mag7 results
In this episode of the BizNews Briefing, host Alec Hogg shares insights from political scientist RW Johnson; former Tshwane mayor Cilliers Brink; from LA, Anthony Ginsberg on quarterlies from five members of Wall Street’s Magnificent Seven; and a victim of the financial boiler room called Banxso tells the story of how her life’s savings were lost.
Fri, 01 Nov 2024 - 1h 01min - 14387 - Marius Roodt on SA’s By-Election Trends: DA’s Rising Dominance and Patriotic Alliance’s Surprising Wins
In a conversation with Alec Hogg, Marius Roodt from the Institute for Race Relations discusses surprising shifts in South Africa’s local by-elections. With record-breaking voter support for the DA in Stellenbosch and Emalahleni, and an unexpected win for the Patriotic Alliance in George, these results reveal changing voter loyalties. Roodt delves into the role of proportional representation and its impact on both national and local politics.
Thu, 31 Oct 2024 - 12min - 14386 - NewsWrap: Hersov – socialism does not work; Mashaba vs Majozi; Lings unpacks SA debt crisis
In this episode of BizNews NewsWrap, we delve into the heated debate surrounding capitalism and socialism, featuring insights from influential Rob Hersov, who champions the successes of capitalism, and Kevin Lings, who warns of South Africa's escalating debt crisis. We also hear from Herman Mashaba, who challenges divisive political narratives, and Phumlani Majozi, who advocates for empowering black youth to shape their futures. Join us for thought-provoking discussions tackling pressing issues affecting South Africa today.
Thu, 31 Oct 2024 - 12min - 14385 - Rob Hersov calls for a capitalist reawakening: “Capitalism works, Socialism doesn’t”
In a conversation on this morning's BizNews Briefing, outspoken entrepreneur and “capitalist activist” Rob Hersov doubled down on his call for South Africans to embrace capitalism as a path to growth, jobs, and innovation. Sharing his thoughts on how socialism and its ideals have gained surprising traction, Hersov expressed concern over the influence of leftist ideology on young minds, educational institutions, and policymakers in South Africa. Hersov’s call to action? For advocates of capitalism to step up, support the system that, in his view, has historically proven successful and fuelled prosperity.
Thu, 31 Oct 2024 - 13min - 14384 - War-of Words: Majozi responds to Mashaba
A war of words is raging between political economist Phumlani M. Majozi and ActionSA leader Herman Mashaba. In this interview with BizNews, Majozi responds to yesterday’s interview with Mashaba in which he revealed that he had consulted lawyers over social media posts made by Majozi. In our interview, we ask Majozi whether he really believes that there is “not a single black politician” in the country “who stands for basic traditional values of hard work, personal responsibility, stronger business productivity, stronger families, law and order”. We also also ask him why he labelled us at BizNews “clowns” after the Mashaba interview aired.
Thu, 31 Oct 2024 - 17min - 14383 - Kevin Lings unpacks mini-budget: SA's economic path needs urgent action to avoid stagnation
Speaking to Alec Hogg on this morning's BizNews Briefing podcast, STANLIB's chief economist Kevin Lings urged swift government action following South Africa’s medium-term budget update, citing low growth projections, high debt, and the need to capitalise on recent optimism. While supportive of public-private partnerships for infrastructure, Lings warns that delayed efforts could waste the nation’s current window of opportunity for economic improvement.
Thu, 31 Oct 2024 - 15min - 14382 - BizNews Briefing - Defending capitalism; SA by-elections; Mini-Budget
In this episode of the BizNews Briefing, host Alec Hogg is joined by global entrepreneur and self-described ‘capitalist activist’ Rob Hersov; the IRR’s Marius Roodt; Stanlib chief economist Kevin Lings; and with insight into the Microsoft results, our partners at Bloomberg.
Thu, 31 Oct 2024 - 1h 00min - 14381 - Investor Insights: Jason Welz on Bitcoin’s surge and dollar-cost averaging strategy
Jason Welz, head of crypto at Jaltech, provided insights into Bitcoin’s recent surge, cautioning investors about its volatility. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Wed, 30 Oct 2024 - 7min - 14380 - Anthony Ginsberg on Alphabet and the dominance of big tech
Anthony Ginsberg, tech investment specialist at GinsGlobal Index Funds, shared his perspective on Alphabet and other Big Tech giants Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Wed, 30 Oct 2024 - 9min - 14379 - Investor Insights: Evan Walker on the struggles of the retail sector
Evan Walker, portfolio manager at 36ONE Asset Management, weighed in on the current challenges facing the retail sector. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Wed, 30 Oct 2024 - 11min - 14378 - Investor Insights: Piet Viljoen on the competition commission and Its impact on SA markets
Value investor Piet Viljoen discussed the South African Competition Commission’s impact on the country’s market dynamics. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Wed, 30 Oct 2024 - 13min - 14377 - NewsWrap: FSCA takes action; CompCom hinders; Shoprite shines; Google excels; Bitcoin surges; and gold looks good
Join us for today's BizNews Newswrap as we delve into the Financial Sector Conduct Authority's crackdown on fraud, spotlight Shoprite's impressive sales growth, and analyze the implications of the Competition Commission's recent decisions. We also unpack Google's strong earnings report and explore the latest trends in Bitcoin and gold prices. Stay informed with expert insights and key updates from the world of business!
Wed, 30 Oct 2024 - 15min - 14376 - FSCA investigates alleged financial scams involving Banxso and AfriMarkets
The FSCA is investigating alleged financial scams by Banxso and AfriMarkets, accused of using deep-fake ads to lure vulnerable investors. With around 90 million rand frozen and licenses provisionally withdrawn, FSCA’s Gerhard van Deventer emphasizes public education and ethical sales practices, stressing accountability for deceptive financial schemes.
Wed, 30 Oct 2024 - 12min - 14375 - Mashaba goes after Majozi and Gwamanda
ActionSA leader Herman Mashaba is ready to take legal action over social media posts by political economist Phumlani M Majozi and some other commentators. In this interview with BizNews, he says: “…we will honestly get some of the best lawyers to put them in front of the nation to really give us evidence of the nonsense they are promoting of us as black people to really be corrupt, that we don't have values of hard work.” Mashaba’s party is is also getting ready to bring a motion to get rid of former Johannesburg Mayor turned MMC Kabelo Gwamanda who is currently on special leave following his arrest over allegations of fraud. “I fail to understand why the ANC is actually failing to deal with this Gwamanda, the former mayor. Now they put him as the MMC, someone who actually cheated the poor black people in Soweto.” Furthermore, he says ActionSA is putting pressure on the ANC government to help turn around Johannesburg. He also gives an update on the governance issues in Tshwane where his party now holds the mayoral position. And he hails the return to ActionSA of dozens of formerly disgruntled activists in preparation for the 2026 municipal elections.
Wed, 30 Oct 2024 - 15min - 14374 - BizNews Briefing - Competition Commission; Shoprite, Boxer, PnP; Alphabet; Banxso; Bitcoin
In this episode of the BizNews Briefing, host Alec Hogg is joined by Piet Viljoen of Re:CM; Evan Walker of 36ONE; Anthony Ginsberg of Ginsglobal (from California); Gerhard van Deventer, Enforcement director at the FSCA; and Jason Welz, head of crypto at Jaltech.
Wed, 30 Oct 2024 - 1h 00min - 14373 - Anonymous whistleblower exposes Banxso clone scam preying on SA investors
An anonymous whistleblower has come forward with troubling details about Banxso, an online investment platform accused of deceptive practices and linked to deepfake ads featuring well-known personalities like Johann Rupert and Hashim Amla. The whistleblower, a senior figure in the financial sector, described a suspicious encounter with Afrimarket, a platform with striking similarities to Banxso, including an alleged shared chief operating officer. After responding to a Facebook ad, he was pressured to invest without transparency around risk profiling or the expertise of his assigned "advisor." His findings raise concerns that Afrimarket could be a rebranded clone of Banxso, targeting South Africans with aggressive sales tactics to exploit unsuspecting investors. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Tue, 29 Oct 2024 - 10min - 14372 - NewsWrap: Cameron on SAPS audit; Banxso whistleblower, Wilgenhof saga; PnP IPO buzz; Heystek on US tech giants' boom
In today’s BizNews Newswrap, DA's Ian Cameron delves into the SAPS's leadership issues and the need for a skills audit to address crime at its roots. Bloomberg provides insights on Pick n Pay's upcoming Boxer IPO, potentially Africa’s largest for the year, while a whistleblower shares claims of a clone mimicking Banxso to scam investors. Alec Hogg and Magnus Heystek discuss the booming US tech sector, where Nvidia's stock value may be affected by the big spenders' earnings reports. We also hear from Willie Aucamp and Jaco Rabie on the Stellenbosch University scandal that’s sparked calls for leadership accountability. Find all these in-depth discussions and more on BizNews.com.
Tue, 29 Oct 2024 - 18min - 14371 - Magnus Heystek: Magnificent returns amid global market surge
In a recent BizNews interview, Magnus Heystek, founder and chief investment officer of Brenthurst Wealth, shared insights on the impact of the American stock market on South African investments, especially in light of a strong year for global equities. Highlighting the influence of U.S. tech giants like Nvidia and Alphabet, Heystek noted that South African investors are increasingly exposed to international markets, benefiting from global growth and diversification. He also discussed challenges in the local property market, specifically for companies like Balwin Properties, which are struggling due to high interest rates and reduced mortgage approvals. In a shifting economic landscape, Heystek emphasizes the importance of adapting portfolios and encourages engagement in financial literacy to help young investors understand and benefit from these trends. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Tue, 29 Oct 2024 - 12min - 14370 - Tembisa school boosts safety and attendance by providing free transport for pupils – Mmatsie Motimele
In South Africa, more than 8 million of our 12.5 million school pupils walk to school as their families cannot afford private transportation. The danger some of them face has been highlighted by a recent story of the pupils of a remote village of eNkovukeni in far northern KwaZulu-Natal who have to cross a lake with hippos to get to the Nhlange Secondary School in Manguzi. A non-profit organisation, The Love Trust, which runs the Nokuphila School in Tembisa, has devised a plan to provide safe and dependable transport to its pupils. They invite businesses to sponsor a seat through the Nokuphila Transport Programme. Mmatsie Motimele, a fundraiser for The Love Trust, told BizNews in an interview that a key contributor to the school's high attendance record is their commitment to providing safe and dependable transport to their pupils. Seats can be sponsored on the GivenGain website. The annual cost per child is R8,941.
Tue, 29 Oct 2024 - 9min - 14369 - Ian Cameron addresses SAPS audit and controversial BELA Bill
Ian Cameron, DA spokesperson on police, addressed the need for a SAPS leadership audit to tackle inefficiency and political appointments, which he sees as root issues behind South Africa’s crime challenges. He also criticised the controversial BELA Bill, which allows schools to facilitate abortions for minors without parental consent.
Tue, 29 Oct 2024 - 9min - 14368 - Wilgenhof Scandal: Calls for accountability amidst allegations of report tampering
Jaco Rabie and DA MP Willie Aucamp discuss allegations that Stellenbosch University’s Vice-Chancellor and Council Chair altered an independent panel’s report on the Wilgenhof residence closure, withholding alternatives from the council. They demand an independent investigation and accountability to restore transparency and trust.
Tue, 29 Oct 2024 - 15min - 14367 - BizNews Briefing - Heystek; Banxso back; Wilgenhof; Police leadership
In this episode of BizNews Briefing, host Alec Hogg is joined by Magnus Heystek for context on the freshest business and investment news; we meet an anonymous whistleblower who has uncovered a clone of the suspended Banxso; Jaco Rabie and Willie Aucamp, MP call for strong action after bombshell developments on the Stellenbosch University’s Wilgenhof saga; and Ian Cameron MP celebrates the SAPS leadership skills audit - and shares the likely consequences. Plus Gayton McKenzie on the GNU and Zuma; overnight business news and a new opponent of the BELA Bill.
Tue, 29 Oct 2024 - 1h 05min - 14366 - Rising costs and stricter rules in UK immigration lead to shift from retirees to young professionals – Mishal Patel
The United Kingdom has long been a preferred destination for South Africans eager to expand their horizons by living and working abroad. In many areas, such as Wimbledon, it's common to hear Afrikaans spoken. However, under pressure to reduce migration numbers, the UK government has recently tightened its immigration rules. Mishal Patel, Director of Citizenship and Immigration at Sable International, identifies the escalating costs as the most significant change impacting South Africans. In an interview with BizNews, Patel said increases in the Immigration Health Surcharge, stricter family visa requirements, and limitations on students bringing dependents to the UK have resulted in a 5-6% decrease in immigration interest. He says there has been a noticeable shift in the demographic profile of South Africans looking to emigrate, moving away from retirees towards younger professionals. Despite these changes, the UK continues to demand healthcare, hospitality, and construction professionals. To support individuals considering relocation, Sable International will host a series of Expos across South Africa in November. The immigration specialists have also introduced a new Refusal Review Service to assist people whose passport applications have been refused.
Mon, 28 Oct 2024 - 19min - 14365 - Newswrap: McKenzie on rugby controversy, ANC presidential successors, BELA Bill, Shapiro on US election and SA
In today’s Newswrap, we break down top stories in South African politics, finance, and international news. Sports Minister Gayton McKenzie addresses the Springbok equity deal; campaign strategist Makone Maja weighs in on ANC dynamics and Ramaphosa's potential successors; and legal expert Christopher Cordeiro critiques the BELA Bill’s impact on education reform. Plus, financial analyst David Shapiro offers a perspective on the US elections, and Bloomberg reports on an optimistic tech earnings forecast. Join us for an in-depth look at today’s headlines!
Mon, 28 Oct 2024 - 24min
Podcasts similar to BizNews Radio
- Global News Podcast BBC World Service
- El Partidazo de COPE COPE
- Herrera en COPE COPE
- The Dan Bongino Show Cumulus Podcast Network | Dan Bongino
- Es la Mañana de Federico esRadio
- La Noche de Dieter esRadio
- Hondelatte Raconte - Christophe Hondelatte Europe 1
- Affaires sensibles France Inter
- La rosa de los vientos OndaCero
- Más de uno OndaCero
- La Zanzara Radio 24
- Espacio en blanco Radio Nacional
- Les Grosses Têtes RTL
- L'Heure Du Crime RTL
- El Larguero SER Podcast
- Nadie Sabe Nada SER Podcast
- SER Historia SER Podcast
- Todo Concostrina SER Podcast
- 安住紳一郎の日曜天国 TBS RADIO
- TED Talks Daily TED
- The Tucker Carlson Show Tucker Carlson Network
- 辛坊治郎 ズーム そこまで言うか! ニッポン放送
- 飯田浩司のOK! Cozy up! Podcast ニッポン放送
- 武田鉄矢・今朝の三枚おろし 文化放送PodcastQR