BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Joburg mayor confident her job 'is not in danger'
It's been a tentative few weeks in Joburg with the future of the multi-party coalition government under scrutiny - and Mayor Mpho Phalatse herself potentially in the firing line. But the mayor believes her job is safe and the coalition is "as united as we've always been". This after several…
Meet National Treasure Richard Cock - SA's conducting Maestro on having fun, playing organs, avoiding Priesthood - and music's lessons for business
Fun-loving conductor Richard Cock personifies classical music in South Africa. The 73-year-old Maestro this year is celebrating a quarter century of his hugely successful creation Starlight Classics. A musician who dedicated his life to expanding the appreciation of classical music in his homeland shares a fascinating journey - one which…
John Biccard advises a return to JSE's 'Lucky Sevens', says structural change means Nasdaq darlings can drop by half
In more than three decades of managing assets, John Biccard of Ninety One has consistently acquired co-ownership in out of favour businesses. His style, called value investing, faced stiff headwinds over the past decade. But he believes the tide has turned and it's now time to fill up your portfolio…
New route to UK residency and citizenship thanks to a British granny – Sable International's Mishal Patel
In February this year, the UK government took the decision to shut the Tier 1 investors visa route into the country, more commonly known as the ‘golden visa’, citing security concerns. It was effectively closing the stable after the horse had bolted, however, as the visa that allowed wealthy foreign…
State of play in Joburg Council: DA heads to court to block special sitting
A political tussle is playing out in the City of Johannesburg, following the recent booting out of the DA's speaker Vasco da Gama in a motion of no confidence, with mayor Mpho Phalatse ultimately the next target. Da Gama's ousting was made possible by certain councillors from smaller parties breaking…
Auditor General names SA government’s ‘consistent delinquents’
The Auditor General of South Africa has released a report naming and shaming 15 government departments who consistently incurred fruitless and wasteful expenditure over five years amounting to R1.5bn. AG CFO Bongi Ngoma also briefed Parliament's Standing Committee on Appropriations about the financial health of government departments, agencies, and state-owned…
Right of Reply: Coronation responds, in detail, to Sean Peche's allegations on the alleged Performance Fee rip-off
For the past three weeks South Africa's largest asset managers - and particularly Coronation, Allan Gray and Ninety One - have been accused of profiteering at the expense of retail investors. This came in the wake of detailed analysis by Ranmore Funds founder Sean Peche, who holds both CA and…
"SA stocks are on a fire sale.." - Andrew Vintcent, Corion's favourite fund manager, explains why he's invested big time into JSE listings
David Bacher of Corion Capital engages with many of SA's fund managers. When asked to name his favourite, he recommended we have a chat with ClucasGray's Andrew Vintcent. So we did. Here's the resulting interview with a portfolio manager who believes many unappreciated SA stocks are so cheap they're discounting far…
About 80% of voters believe coalitions are SA's future
While ANC leadership clings to the notion of winning an outright majority in 2024's national elections, even their own voters believe coalitions are the way of the future. BizNews correspondent Michael Appel unpacks the Social Research Foundation's latest report. Learn more about your ad choices. Visit megaphone.fm/adchoices
Chris Logan: Coronation's shares tanking on Peche's "explosive" disclosures - company urgently needs to respond
One of the SA money management industry's ultimate insiders, veteran investor Chris Logan, has entered the debate over 'performance fees' charged to small investors via big companies' self-created benchmarks. Logan was a star manager at Old Mutual, BOE Asset Management and HSBC before starting his own company, Opportune, two decades…
Karyn Maughan prosecution branded ‘intimidation’ and ‘attack on media freedom’
Former President Jacob Zuma’s private prosecution of state Adv Billy Downer and News24 journalist Karyn Maughan has been labelled vindictive and an attack on media freedom. In this podcast, BizNews correspondent Michael Appel breaks down the charges laid against Downer and Maughan. The summons - served on Tuesday - instructs…
Piet Viljoen's updated guide to smart investing: Booming US dollar, stock ratings won't last forever. Prepare accordingly.
Deeply rational Piet Viljoen updates us on his investment perspectives in this wide ranging interview with Alec Hogg of BizNews.com. The BNC#4 keynote speaker contrasts the fortunes of the world's three major economic blocs, but warns that while currency and share markets are priced for this to last indefinitely, nothing…
‘We have to redefine virtually all human disease in light of the human microbiome’ – Dr William Davis
It’s becoming increasingly obvious that gut health is central to overall wellbeing in more comprehensive ways than previously conceivable. Research into the human microbiome is challenging the traditional definitions and treatment methods of virtually all diseases, from depression to coronary disease. BizNews spoke to Dr William Davis, a cardiologist who…
SA's "stuffed" economy's three lost years confirmed by Q2 GDP contraction - Kevin Lings shares investing suggestions
The Ramaphosa Administration often refers to "nine lost years" under precedessor Jacob Zuma. But the billionaire trade-unionist-turned-mogul isn't doing much better in the hot seat with today's official GDP number for the second three months of 2022 contracting year on year - with SA's economy still below where it was…
Programme to boost early-stage SA tech businesses is hitting home runs
South Africa is way behind the curve when it comes to early-stage venture-backed businesses. The country has not managed to excite the global venture capital community in the same way that other African countries like Nigeria and Kenya. To address this lag, the Local Scale Up programme was launched in…
Ivermectin: facts and science are in its favour – Dr Rapiti
In August 2021, BizNews conducted a panel discussion with Professor Colleen Aldous, Dr Nathi Mdladla and Dr Pinky Ngcakani – all of whom are strongly in favour of ivermectin. The discussion was published on BizNews TV on YouTube and for a year, it managed to evade the YouTube censorship police…
Corion's David Bacher: Assessing Peche's performance fee expose' - and an explanation for why July's market rebound faded away
At the BizNews conference last week, David Bacher invested time with Sean Peche to better understand the whistleblower's perspective on SA money manager performance fees - and was particularly interested in the way big companies restrict access to the investment platforms (which they own). He shares his conclusions on both…
"The industry will get away with what it can..." - Revisiting SA's 'out of step' performance fees with OMBA's Mark Perchtold
In this podcast we revisit SA's performance fee scandal exposed a fortnight back by Sean Peche whose investigation showed that the big money managers are harvesting billions from savers despite delivering poor returns. OMBA co-founder Mark Perchtold, who like Peche is a South African based in London, shines more light…
BBB Ep 44 - Recession fears - Markets hit with crude oil dropping 6%, Rand to R17.30; BNC#4 through eyes of its golf champion
While most of the BizNews team's focus was on its fourth conference (BNC#$) in the Drakensberg last week, the rest of the world was absorbing sobering news about the global economy - with the oil price losing 6% and stock markets falling sharply. In this episode of the BizNews Business…
IBS: no longer the default diagnosis for something doctors don’t understand
BizNews spoke to Dr Mark Pimentel, a gastroenterologist at Cedars-Sinai Medical Centre in Los Angeles, California, about irritable bowel syndrome (IBS), a disorder which has gained a reputation as a default ‘leftover’ diagnosis due to the medical fraternity’s inability to conclusively define or diagnose the condition. Pimentel, who created a test capable of…