BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Two-pronged approach to bury ANC’s cadre deployment
Simultaneous action in South Africa’s courts and Parliament could be the final nail in the coffin for the ANC’s practice of cadre deployment, which was recently deemed “unconstitutional” by State Capture Inquiry Chairperson Raymond Zondo in his final report. Speaking to BizNews, the DA shadow minister of public service and…
E-tolls decision by October? Don’t hold your breath, according to OUTA
Transport Minister Fikile Mbalula says cabinet will announce its decision on the future of e-tolls as a funding mechanism for Gauteng freeways in October this year. However, Organisation Undoing Tax Abuse (OUTA) chief executive Wayne Duvenage tells BizNews it has heard these sorts of commitments for years. Mbalula told a…
BBB Monday 4 July - Naspers aside, week of hefty losses for JSE heavweights; DA plays ANC criminal card; Trollip on NMB water, Action SA.
This episode of the BBB features some sizeable losses for JSE heavyweight shares over the past week (Naspers aside); and excerpts from Mike Appel's excellent interview with the DA spokesman on the formal laying of charges at the cops that its political opponent is a criminal organisation; and Alec Hogg…
From DA Lifer to an Action SA leader - the unretiring of 'conviction politician' Athol Trollip who says he's finally in a South African party
The Eastern Cape farm boy who was fluent in Xhosa before speaking his home language, says he has finally found a political home that is truly South African. Former DA parliamentary leader and then the party's federal chairman, Athol Trollip, was coaxed out of retirement by Action SA leader Herman…
'Bloody well just do something' - DA lays criminal charges vs ANC
The DA wants the ANC investigated for systemic and calculated fraud, racketeering, corruption, looting of state coffers, and related offences spanning two decades. DA national spokesperson Cilliers Brink confirmed this in an interview with BizNews in which he expanded on the rationale informing his party’s laying of criminal charges against the…
BizNews Breakfast Briefing Ep4 - Markets end 1H stinker; ANC loses R102m suit; Gidon Novick; Chinese want to leave
This morning's Briefing looks at the worst first half for shares since 1970; features excerpts from interviews with the lawyer whose business client successfully sued the ANC for R102m, andairline veteran Gidon Novick who talks about the demise of the 'family business' Comair, his successful new airline Lift, and the…
A-Plus Show - Ep 9 - ANC a 'criminal enterprise' under liquidation threat, Cemair soars to #3, Prosus/Naspers buyback
BizNews A-Plus Show duo Alec Hogg and Michael Appel are back with episode 9 of their weekly round-up of business, investments, news and politics banter you need to know. In focus this episode: Alec unpacks Cemair becoming SA's third biggest player in the airline industry; restauranteurs/landlords not seeing eye-to-eye; Prosus/Naspers…
CEO Charles Savage says EasyEquities eyeing World #1 title despite Fintech entering ‘recession mode’
The founder and CEO of exponentially expanding Easy Equities is the picture of bouncy optimism despite a share price that’s dropped from 330c to 215c in the past two months. Purple Group’s bossman Charles Savage reckons the fintech sector’s move into ‘recessionary mode’ opens up the opportunity for Easy to…
Airline veteran Gidon Novick explains why SA's era of subsidised flights is over; the challenge for SAA; Lift's success and demise of the 'family busi..
His family's half century of involvement with the bankrupt Comair ended 10 years ago, but as you'll hear in this podcast, former CEO Gidon Novick is still smarting at the demise of the 'family business'. The qualified chartered accountant has moved on, however, helping to cofound the successful Jhb/CT route…
Cough up, ANC, or face liquidation proceedings
The ANC has been ordered to pay KwaZulu-Natal businessman Renash Ramdas about R120m by the close of business on 30 June 2022 or face possible liquidation proceedings. This after the South Gauteng High Court dismissed the ANC's attempt to overturn a previous judgment that the party must pay for 30,000…
NYT bestselling author, Dr Robert Lustig: sugar is poison, NOT food
So often, we hear of the harmful effects of processed foods and sugar, but most of us do not listen. BizNews spoke to Dr Robert Lustig, a Professor of Paediatric Endocrinology at the University of California, San Francisco, who has become a leading public health authority on the impact sugar…
BizNews Breakfast Briefing Ep3 - Markets come back; Gupta banks criticised; Feisty food servers; Chinese stocks rebound
In this morning's Breakfast Briefing we hear how asset prices recovered from an early knock after Fed chairman Jay Powell warned that taming inflation through higher interest rates is his top priority. Also in this episode, highlights of Mike Appel's interview with the Wits academic who reckons the banks were…
Feisty restauranteurs let rip on their 'gatvol' factor with landlords, bureaucracy, Eskom, government
Ocean Basket CEO Grace Harding and award-winning independent restauranteur Forti Mazzone share the frustrations that bedevil SA's hospitality sector. Harding, a pistol of note, bemoans the poor response from the targets of her well read Open Letter to Landlords, while Mazzone tempers the cussing which marks his regular social media…
It takes a Crook to catch a crook
You may have noticed poles around Gauteng with grey domes attached and cameras poking out. These belong to Vumacam, a company which approaches security in a different way, by providing cameras in key points around the city and allowing security companies to sign up to access the footage. In this…
SA banks kowtowed to ANC on Gupta bank account closures
Dr Lumkile Mondi from the Wits School of Economics and Finance says it remains "shocking and very disappointing" that three of the four CEOs of major banks bowed to political pressure and went to meetings at the ANC's Luthuli House. This after being summoned to explain their Gupta bank account…
BizNews Bulletin Ep 2 - Wed 29 June: US market worst in 52 years; Piet Viljoen; Mike Appel; Trump's troubles
In this morning's episode of the BizNews Briefing, we hear about why US stock markets dropped sharply last night taking the S&P500 Index towards its worst first half of any year since 1970; Piet Viljoen explains why the Naspers rally will fizzle out; Mike Appel provides an explainer on the…
Arvana Singh of Nedbank CIB on spearheading sustainable growth
Bronwyn Nielsen spoke to Arvana Singh, Head of Sustainable Finance Solutions at Nedbank CIB, about Nedbank's move towards the prioritisation of climate and sustainability. These are key on its agenda and recognising the need to move forward with sustainability through main stream finance is where the bank is setting its…
SA's top money manager Piet Viljoen explains why JSE will keep outperforming Wall Street
The man whose money management prowess has put him at the top of SA's three- and five- year performance tables, reckons JSE-listed shares will continue to outperform those on Wall Street for some time to come. In this interview with Alec Hogg of BizNews.com, he explains the reasons why in…
How a Gupta company with R16 in its bank account scored R280m
An IT guy with no dairy farming experience was the face of a Gupta company - Estina - that had less than R20 in its account when it got its first prepayment of R30m from Free State coffers. Estina - through its frontman Kamal Vasram - a guy who worked retail for the Guptas’…
Cemair now SA’s #3 airline, adds staff, expands flights to fill Comair/SAA vacuum
For Cemair founder Miles van der Molen, today’s reality was unthinkable when the independent airline launched 15 years ago. In addition to numerous other routes, the company now has five flights daily from Johannesburg to Cape Town - and is the country’s third largest airline, moving more passengers than (slimmed…