BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
BizNews Power Hour - 9 June 2021. The Guptas fate; SA gun ban; EOH sale and investing in Krugerrands
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Magnus Heystek, Paul O'Sullivan on the Gupta brothers' fate, Isaac Mophatlane, Crossfin investor on EOH's sale. Kanthan Pillay weighs in on firearm ban in SA and the BizNews Power Hour team. Learn more about your ad…
Isaac Mophatlane, Crossfin investor, on EOH's sale of Sybrin
Isaac Mophatlane is the co-founder of Business Connexion — now BCX and a Crossfin investor. EOH has announced the disposal of its subsidiary, Sybrin, in a R410m deal with a consortium led by One Thousand & One Voices Management (1K1V) and has Crossfin Technology as an empowerment partner. For the…
Flash Briefing: Is SA closer to bringing in Guptas? UAE extradition deal; green light for municipal elections; Zimbabwe
* South Africa is a step closer to holding the powerful Gupta family to account for corruption and state capture, with the United Arab Emirates confirming it has ratified an extradition treaty with South Africa. * South Africa will hold municipal elections in October as planned, and will institute measures…
Will the ban on firearms for self-defence make us more vulnerable to crime? Kanthan Pillay weighs in
The Institute for Race Relations has said that the proposed Firearms Control Act in South Africa is going to make things even worse for women, who are targeted individuals for violent crimes in SA. BizNews Power Hour host Alec Hogg spoke to Kanthan Pillay, who founded the Capitalist Party in…
Magnus Heystek on Eskom - when will this nightmare end?
As is customary for a Wednesday, Brenthurst Wealth Management founder Magnus Heystek was the co-host for the BizNews Power Hour, outlining the negative effects on business and consumer confidence following the news that Eskom was ramping up load-shedding. He says that the private sector has the money to effect change…
Fight for UK recognition of forgotten WW2 hero Job Maseko
A South African living in Somerset in the United Kingdom has launched a campaign to get recognition for Job Maseko, a South African soldier and stretcher-bearer for the Allied Forces during the Second World War. Bill Gillespie believes that Maseko - who single-handedly blew up a German ship - should…
The hidden investment gem, the Krugerrand - David Melvill
David Melville is an independent financial adviser. he shared his pearls of wisdom on the BizNews Power Hour, unpacking the hidden investment gem unique to South Africa, the Krugerrand. Learn more about your ad choices. Visit megaphone.fm/adchoices
Eskom addresses allegations that Stage 6 load shedding is being implemented
Eskom spokesperson Sikonathi Mantshantsha joined BizNews founder Alec Hogg to address allegations that Eskom is implementing Stage 6 load shedding and announced that 'it is going to be a very cold winter as load shedding will continue.' Learn more about your ad choices. Visit megaphone.fm/adchoices
Charl Botha gesels met Professor Johan Fourie oor sy nuwe boek ‘Our long walk to economic freedom’
In die potgooi gesels ek met Professor Johan Fourie van die Universiteit van Stellenbosch oor sy nuwe boek, ‘Our long walk to economic freedom’. Ek lees baie, en dit is my ervaring dat meeste boeke nie regtig mens se kosbare tyd werd nie. Maar dié boek is beslis. In ‘n…
Flash Briefing: Health ministry contracts scandal: Mkhize on 'special leave'; Biogen's Alzheimer's drug excites investor
A quick wrap of your daily headlines. Learn more about your ad choices. Visit megaphone.fm/adchoices
BizNews Power Hour - 8 June 2021. Load shedding battles with Ted Blom and Eskom; GDP surprises; Burger King sale
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan, Eskom's Sikonathi Mantshantsha, energy expert Ted Blom on SA load shedding, Langa Madonko on the sale of Burger King, Kevin Lings, Mike Schussler and Steven Nathan provide insight into Q1 GDP figures and the…
Q1 GDP – The Good, the Bad and the Ugly with Lings, Schussler and Nathan
Economists Kevin Lings and Mike Schussler together with 10X founder Steven Nathan give insights into the better-than-expected GDP figures which were released earlier today. Although domestic consumption was the driving factor behind this surprise, the experts say the lack of fixed capital investment - the main driver behind long-term economic…
Does Eskom think the public are stupid? - Ted Blom on load shedding in SA
Energy expert and mining consultant Ted Blom is never one to shirk from controversy and hasn't been doing so recently. While South African's shudder at the thought of load shedding, Blom reckons that Eskom isn't telling us the entire truth. He spoke to BizNews founder Alec Hogg about the reality…
SAVCA questions Competition Commission's adverse ruling on Burger King sale
Southern Africa Venture Capital and Private Equity ("SAVCA") director Langa Madonko unpacked the adverse ruling handed down by the Competition Commission on Grande Parade's sale of Burger King to private equity buyer Emerging Capital Partners ("ECP"). The transaction was blocked due to concerns related to the BEE credentials of the…
BizNews Power Hour - 7 June 2021. Thungela CEO puts up defense; FirstRand points to recovery, Zweli Mkhize's options
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host David Shapiro, Denker Capital's Kokkie Kooyman on FNB's booming update, Thungela CEO July Ndlovu on new JSE listing, William Saunderson-Meyer on Zweli Mkhize's options and the BizNews Power Hour team. Learn more about your ad choices…
Denker Capital's Kokkie Kooyman on FNB's good news update, implications for other banks
Africa's most valuable financial services group, First Rand, today announced in a voluntary trading update that conditions have unexpectedly improved to the extent that it has reversed billions set aside to meet anticipated lickdown-related losses. In this podcast our go-to man on the sector, Denker Capital's Kokkie Kooyman, helps investors…
Flash Briefing: 75% of 'born frees' unemployed; FirstRand profits rise as SA recovers; short-sellers hit Anglo
* 75% of youth in South Africa are unemployed, reports The Times of London. * FirstRand sees profit rising more than expected, and by at least 35%, after the South African economy rebounded strongly from the early stages of the coronavirus pandemic. * Anglo American South African coal mines, which…
Get as much money offshore as you can, now, to diversify: currency strategist Andre Cilliers, TreasuryONE
The rand is strong - and quite possibly as strong as it is likely to be for some time - which makes it a great time to diversify investments outside South Africa. Andre Cilliers, currency strategist at TreasuryONE, says you may be disappointed if you wait for further rand strength…
David Shapiro on Thungela, Mkhize and FirstRand's booming update
In this podcast, South Africa's favourite market watcher David Shapiro provides perspective on the three big stories of the moment - drawing on the wisdom earned through decades of experience in the markets. Learn more about your ad choices. Visit megaphone.fm/adchoices
Thungela CEO attacks research report claiming new JSE listing is "drowning in liabilities."
This morning's debut by new JSE listing, coal mining group Thungela Resources, was tarnished by a research report claiming the company has massively understated liabilities and is essentially worth zero. Tungela's share price lost 10% from early trading levels. The parade-rainer came in the form of a 39-page research report…