BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
CrypTalk ep 9 - The likelihood of more Bitcoin volatility
In this episode of CrypTalk, BizNews’ Ross Sinclair and Jaltech’s Gaurav Nair discuss the Binance Bridge hacks, the Celsius Network’s data leaks, miners moving from the Ethereum chain to Bitcoin after the merge, the likelihood that Bitcoin will be more volatile in the future, and more about the tokens in…
SA students in Russia stranded with government funding woes
Over 220 South African students, furthering their education in Russia, face expulsion and eviction from residences after a funding debacle back home. The students are supposed to be fully funded by the Mpumalanga Education Department with costs covered for living expenses, tuition and accommodation. But the contract for the implementing…
ANC, EFF boycott crime scene visit: "Eeeeuuuuwwww - who cares about illegal mining, sickening pollution, when it might muddy my Jimmy Choos?"
SA's shadow mining minister James Lorimer had his hopes of a breakthrough in the war against organised mining criminals dashed when ANC and EFF members of Parliament's task force refused to visit an illegally-worked open pit coal mine. This was the second site scheduled for observation during Saturday's visit to…
Rob Hersov is back with a plan to turn talk into action: New South Africa.org
Outspoken billionaire, viral sensation and vehement critic of the ANC, Rob Hersov, joined Alec Hogg of BizNews to share his practical solution “to save South Africa from the ANC,” as he puts it. Aside from extreme praise and death threats, Hersov has also received criticism for being “all talk and…
DearSA rings warning bell over terrorism bill's oppressive undertones
DearSA chairman Rob Hutchinson is encouraging South Africans to make their voices heard in opposition to certain worrying elements contained within amendments to anti-terrorism legislation he believes "is a threat to constitutional democracy". DearSA is a non-profit organisation which created a platform through which citizens could participate directly in influencing…
JZ’s private prosecution of Downer and Maughan set for Feb 2023
State prosecutor Adv Billy Downer, SC and New24 journalist Karyn Maughan will potentially face their criminal prosecution by Jacob Zuma on 2 February 2023. The date was agreed by the parties during a brief appearance in the Pietermaritzburg High Court on Monday. Downer is accused of contravening sections of the National Prosecuting…
Cemair's seven year wait for SA airline 'normalisation' pays off - airline has quadrupled since pre-Covid
During the worst of the insanity in SA's airline sector, Miles vd Molen's Cemair stopped servicing the industry's Joburg/CT/Durban 'golden triangle' as it realised how first taxpayer (SAA) and then creditor's capital (Comair) was used to subsidise travellers in an attempt to bludgeon competitors into bankruptcy. Now that those market's…
Magnus Heystek: February's probable Grey Listing for SA likely to spark run on the currency, shares, bonds
Fiercely independent financial advisor Magnus Heystek has turned even more bearish on SA assets after taking a deep dive into researching implications of a threatened 'Grey Listing' of the country's financial system in February 2023. Heystek says such action has never before been applied to a country of South Africa's…
Mmusi Maimane, self-styled 'Man in the Arena', targets 5m voters for new political party BOSA
Despite having stepped down as DA Leader three years ago, Mmusi Maimane remains popular among South Africans, second only to Cyril Ramaphosa as their most popular leader. After realising promised Electoral Reform will take much longer than anticipated, on Heritage Day (Sept 24) Maimane re-entered the fray with the launch…
‘Lower the cost of capital and drive economic growth’ - Sean Peche Q&A
In this Q&A session off the back of his presentation at BNC#4, Sean Peche of Ranmore funds answers questions regarding the performance fee debate, the switch from growth investing to value investing and his hope that money leaves the big institutions and makes its way to smaller fund managers. Learn…
“Dentists have been marginalised to bottom feeder status” – Dr Pieter van Rooyen on the implications of SA’s medical scheme set-up
For decades, dentistry has been regarded as one of the better paid professions. However, this assumption, largely maintained with reference to rising costs for dental work, is inaccurate. Even a cursory glance at the distribution of healthcare benefits paid in 2020 (see graph below) refutes this assumption. In 2020, of…
Investment debate with Piet Viljoen and Cy Jacobs
A must watch investment debate between master fund managers Cy Jacobs of 36ONE and Piet Viljoen of Counterpoint at the BizNews Conference #4. Topics under the hammer included differing investment principles, performance fees and how to position your portfolio post-2024. Learn more about your ad choices. Visit megaphone.fm/adchoices
Alan Pullinger: CEO of Africa's top bank shares his message of "realistic optimism" he gave global investors
Investor in banking stocks ask first about the prospects of the country where the institution operates, then about the company itself. Having just arrived back home after a post-results roadshow to US and UK investors, FirstRand CEO Alan Pullinger has been thinking a lot about their questions around the likely…
Arrie Rautenbach: Six months after taking hot seat, Absa's through-the-ranks CEO explains why "reimagined" bank is outperforming peers
For many observers of SA's banking sector, Absa has been the sleeping giant that somehow never manages to fulfil its huge potential. After numerous of false starts, however, under new CEO Arrie Rautenbach, this time may indeed be different. The banking group's new leader started at the very bottom of…
Looting bonanza for KZN communities following N2 truck blockades
Panga-wielding communities on routes serving as alternatives to the N2 in KZN have been blocking roads and looting trucks. This isn’t necessarily new, as protests are an everyday occurrence in the country but it’s stifling the ability of businesses to cost-effectively get products and commodities to market. Parts of the…
“There’s no emergency” – dissident climatologist Dr Judith Curry on the ‘manufactured scientific consensus’ on climate change
There are particular fields in which those that stray from the official narrative are instantly shunned as dissidents. Climate change is one of these. Dr Judith Curry, Professor Emeritus and former chair of the School of Earth and Atmospheric Sciences at the Georgia Institute of Technology, has become known as…
EXPLAINED: Former Jhb mayor turns to courts to overturn ANC 'coup'
The now former mayor of Joburg, Dr Mpho Phalatse, wants her job back and she’s turning to the courts to try and snatch back the reins from what she calls the ANC’s “coalition of corruption”. She was ousted in a motion of no confidence last week in a process she'll…
Q&A with 36ONE asset manager Cy Jacobs - on performance fees, crypto and flexible investing
In this Q&A from BNC#4, Cy Jacobs shares his insights into investing, how 36ONE runs multiple funds, on performance fees, Warren Buffet, and crypto currencies. This Q&A was in preparation for Cy’s debate with Piet Viljoen. Learn more about your ad choices. Visit megaphone.fm/adchoices
Go for local shares, avoid offshore - Corion's David Bacher makes a big call after September's "brutal" market fall
After September's near double digit average drop in stock prices around the world (including the JSE which lost 9% in Dollar terms), investors are justifiably nervous as the fourth quarter of 2022 begins. Corion's David Bacher, however, offers some positive suggestions - specifically on South African financial and resources shares…
Students develop solar train as rail transport falters
As trains ground to a halt in South Africa due to loadshedding and cable theft, forcing rail commuters to rely on taxis, students from Soshanguve Technical High School decided to come up with a solution and developed a solar powered train locomotive. It has photovoltaic panels fitted to the roof,…