In today's news headlines: * Gauteng, the richest province in South Africa, has become the centre of the country’s coronavirus outbreak; * South Africa’s manufacturing output fell 49.4% year on year in April during a nationwide lockdown, says Reuters; * The Financial Sector Conduct Authority (FSCA) has filed an urgent…
The Kisby Fund is a tech-savvy financial approach to assisting small and medium-size enterprises (SMEs). Its charismatic chair Mark Barnes tells BizNews founder Alec Hogg that the secret to economic dignity is well-funded small enterprises that foster job creation. Barnes is a well-known visionary, widely credited for the financial and…
Old Mutual’s Andrew McPherson was among the first South Africans to test positive for Covid-19. He reflects on what life is like three months later and says he still has problems, for example he has not recovered his sense of smell. Although he has suffered from Covid-19, and wears a…
In episode 58 of Inside Covid-19, we assess the anxiety about sending children back to school and media reports the coronavirus is now airborne; we revisit with two of our medical experts, forthright epidemiologist Dr Jo Barnes who sees a bright side for the nation after the very hard road…
Doctor Noluthando Nematswerani is with us as one of our regular visitors here on the BizNews Inside Covid-19 podcast. She looks at how infections, and with that, hospital admissions in South Africa are escalating, in this interview with BizNews founder Alec Hogg.
In today's news headlines: * The Zondo commission into state capture has cost a staggering R700m so far - and still no arrests in sight; * South Africa could run out of capacity in Intensive Care Units, the health minister has warned; * SAA has a new scheme to help…
This week a Western Cape High Court ruled in favour of a Cape restaurant, Café Chameleon. Insurance Claims Africa, fighting for 500 business in the country to get their claims paid out, says the decision is precedent-setting. But the country’s biggest short-term insurer, Santam, announced yesterday that it is sticking…
The Kisby fund is bringing in money from investors who want to put their money into getting good businesses back on track as they emerge from the Covid-19 crisis. Sean Emery, a driving force behind the fund, shares the details of the inner workings of the fund, noting that the…
Prof Alan Whitesite, an HIV/Aids specialist who like many other medical academics has become obsessed with Covid-19, shares his thoughts on the latest developments. Now based in the UK, the ex-KZN University and now the Global Health prof at Waterloo University, keeps a close watch on developments in his old…
Nick Hudson, an actuary at PANDA, gives an update on their projection models from an interview in June and on how South Africa has more to worry about than Covid 19.
In today's news headlines: * A small Cape Town restaurant, Café Chameleon, triumphed against Guardrisk Insurance, part of insurance giant Momentum Metropolitan Holdings; * Consumer confidence has crashed to lowest level since 1985; * An anti-arms activist, Terry Crawford-Browne has called for a Parliamentary investigation into arms exports from South Africa;…
The reluctance of the big insurers like Santam to pay claims for Covid-19 business interruption is threatening thousands of jobs. There has been a first victory for a Cape restaurant against Guardrisk, but Santam has dug in its heels and says it is convinced that the lockdown during Covid-19 is…
In episode 57 of Inside Covid-19, South Africa’s healthcare system is holding up despite a surge in hospitalisations; the court rules against Guardrisk, with costs, after it is sued by a Cape Town restaurant demanding settlement on a Business Interruption insurance claim - but Santam still refuses to budge; and…
Cafe Chameleon went to court against Guard risk insurance. In this interview with Alec Hogg, Insurance Claims Africa CEO Ryan Woolley discusses the implications for businesses fighting for Covid-19 business interruption pay-outs.
Reflecting on the "crazy markets", stockbroker David Shapiro says he thinks the economy that we come out of is not going to be the same as before Covid-19. Also covered in this episode: Tesla, Toyota, Spotify and gold.
Santam's chief risk officer Asher Grevler says he is appalled at the damage being wrought on the company's client base. Including those who thought they were covered against the pandemic by their Business Interruption insurance policies. But in the view of SA's largest short-term insurer, despite companies having been forced…
Only in South Africa. The two year old Gabola church, where booze is a critical part of the service, is running into trouble with the lockdown-inspired ban on alcohol. - Reuters
In today's news headlines: * Actuaries have slammed Covid-19 forecasts for South Africa, warning that they are overly pessimistic and that the damage to the economy is out of kilter with strict Covid-19 containment measures; * President Cyril Ramaphosa has indicated that the National Health Insurance plan for South Africa…
In episode 56 of Inside Covid-19, we get perspective on the surge in South African coronavirus infections and mortalities; take an in depth look at an existential battle between companies and their insurers both here in South Africa and the United States; and hear the sobering news that despite a…
With the election of Cyril Ramaphosa, South Africans began eagerly awaiting corruption charges. But these have been very slow to materialize. In this week’s episode of The Editor’s Desk, Felicity Duncan and BizNews editor Jackie Cameron reflect on why charges have been so long in coming. They discuss the various…
6 Jul 2020 12PM
18 min
72 – 92
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