BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Directly electing SA's president - a good idea until you unpack it
State Capture Inquiry Chairperson Raymond Zondo set tongues wagging when he suggested in his final report that “consideration be given to making the necessary constitutional amendments to ensure that the president of the country is elected directly by the people”. University of Cape Town Political Studies Professor Anthony Butler explains…
Mantashe's Eskom 2.0 idea 'preposterous' - Ghaleb Cachalia
Energy Minister Gwede Mantashe's recent suggestion that South Africa should create a second power utility to foster competition in the electricity space is deemed "preposterous" by the DA's shadow minister of public enterprises, Ghaleb Cachalia. He told BizNews that the power utility's proposed tariff structure also penalises low-energy users, in…
BBB Ep 17 - Netflix loses subscribers, shares surge; Bitcoin booms; US equities jump most in a month; Piet Viljoen on when to sell; Kokkie Kooyman on ..
After two quarterly reports which Wall Street hated, Netflix gave the US markets a boost last night with a set of financials analysts really liked. The shares rose 5% setting the tone for the best day for US equities in a month with the Nasdaq, S&P and Dow now 6%…
ANC instability spilling over becoming 'threat to ordinary South Africans' - Dr Jakkie Cilliers
From the deadly destruction of the July riots to South Africa's horrendous crime statistics, including a recent spate of mass shootings, the criminal justice system is failing. In this broad-ranging interview with Dr Jakkie Cilliers, chairperson of the board at the Institute for Security Studies, he tells BizNews that reactionary…
Post-July riots assistance to crippled businesses based on race - Sakeliga
A sizeable chunk of relief funds pledged by the National Empowerment Fund and Solidarity Fund - meant to revive businesses all but destroyed by the July riots in KZN and Gauteng - has been reserved for black business owners only. Public interest business organisation Sakeliga has filed a request under…
Betting ANC (mis)rule ends after 2024 Elections? Buy SA banks ahead of economic rebound - Kokkie Kooyman
With the ANC likely be sent to the sidelines by an angry electorate in 2024, the smart money is seeking opportuntities to profit from the economic rebound a business-friendly ruling coalition would give South Africa. In this podcast, Denker Capital director Kokkie Kooyman explains why long neglected banking shares would…
SA's top money manager says it's time to buy resources shares, many other JSE-listed stocks are also "very cheap"
JSE-listed mining shares have taken an awful hiding since March, with a number having lost as much as half their value. But that's a buy signal for South Africa's top performing money manager, Piet Viljoen, who manages the Counterpoint Value Fund. In this podcast with Alec Hogg of Biznews, Viljoen…
BBB Ep 16 - Bitcoin bounces, equities ease; Total's attractions; DA's uMngeni turning around; PM succession hurts UK economy
After a bright start, the US stock market closed lower last night - initially helped by better than expected numbers from Goldman Sachs, then knocked by bad news from Apple and IBM. Bitcoin is enjoying fresh demand after holding above its key support level of $20k this month - it…
Some black eyes along the way - but no more than the big banks
This “alternative exchange” got its start at the back end of the financial crisis in Australia when its owners were trying to identify where the opportunities were in financial services. “We uncovered that there was a big and growing market for people, both straight out borrowers and property developers, who…
Jordan Peterson assesses the civil war in the West – Russia vs Ukraine
Jordan Peterson, a Canadian clinical psychologist, YouTube personality, author, and professor emeritus at the University of Toronto, has become a voice of authority on a host of issues – both psychological and otherwise. In an hour-long presentation, Peterson dissected the history of events which led to the current conflict between…
Sean Peche: Potential for negative shocks from Tesla, Netflix this week - and a French business worth buying into
Value investor Sean Peche's outperformance has attracted a legion of new fans - and he's got another 'goodie' for those who like to acquire co-ownership at discount. His recommendation, a French group with a significant Southern African interest, comes towards the end of this fascinating interview with BizNews's Alec Hogg…
BBB Ep 15 - Tempered Fed helps shares; Tongaat shareholder revolt; Prof Jansen hits ANC jugular; Remote work changing USA
Highlights of two powerful interviews featured in this morning's BizNews Breakfast Briefing as the usually urbane chartered accountant-turned-shareholder-activist Dave Woollam loses patience with the board and management at Tongaat - and now wants them out; and SA academic and author Prof Jonathan Jansen urges his countrymen to hit the eject…
‘Vote these buggers out of power’ - Prof Jonathan Jansen
South Africa is quite literally “falling apart” at the helm of the governing ANC, filled to the brim with ministers unfit for office, arrogantly believing the rural vote will save them in perpetuity. In a broad-ranging, no-holds-barred interview about the state of the nation, internationally-distinguished academic and author Prof Jonathan…
SA Politics 2.0: 'Impossible' being achieved by DA Mayor of uMngeni who is facing down ANC thugs, balancing the books, fixing infrastructure.
Last November, Chris Pappas was elected executive mayor of the KZN Midlands municipal district which covers Howick, Hilton and Nottingham Road. His eight months in office have thrown up challenges ranging from potential bankruptcy to dealing with politically-instigated violence. But the 30 year old DA Young Lion is proving more…
Tongaat shareholder revolt - activist Woollam demands board resign; management be replaced; shares to keep trading
Chartered accountant and former banker turned shareholder activist David Woollam has stopped 'playing nice' with Tongaat after years of polite and deaf rebuffs. He reckons 'enough is enough' after today's announcement by the company admitting it cannot satisfiy auditors that is a going concern - and as a result cannot…
Perfect partnership linking hiking trails in Cape Winelands is saving lives – Trails SA's Reghard Goussard
What started as an initiative by Trails SA, a non-profit organisation connecting mountain biking trails in the Cape Winelands, has developed into a project that not only benefits cyclists but all the communities in the area, especially the school children who have to brave dangerous roads to get to school…
BBB Ep14 - More pain for Rand; SA 'Failed State' getting closer; US bank quarterlies disappoint, hits US market
Exchange rates and the first set of US quarterly results in the global focus this morning - while in SA the smashing of resources stocks continues and analysts fret about the country's slide towards becoming a Failed State. Those topics dominate this morning's episode of the BizNews Breakfast Briefing, where…
A-Plus Show - Ep 11 - Cyril must go, state-proofing communities, solving loadshedding, rand collapses
BizNews A-Plus Show duo Alec Hogg and Michael Appel are back with episode 11 of their weekly round-up of business, investments, news and politics banter you need to know. In focus this episode: AfriForum working to "state-proof communities"; ANC veteran Mavuso Msimang says Ramaphosa must step down; mass small-scale power…
SA on slippery slope towards failed state, barring urgent action - report
South Africa’s future hangs in the balance because of a vacuum of ethical and courageous leadership, coupled with stunted GDP growth, political uncertainty and fragile social cohesion. The Institute for Risk Management South Africa’s 2022 Risk Report highlights several pitfalls bedevilling the country and informing three possible scenarios likely to…
BBB Ep 13 - US inflation hits 9.1%, markets shudder then recover; Msimang on why Cyril must go; Afriforum crime-fighting force
This episode of the BizNews Breakfast Briefing is dominated by the news that US inflation hit a 30 year record in June - but after an immediate shock, investment markets are already looking ahead to better days. There's an excerpt from Mavuso Msimang, ANC veteran and 10-year long chair of…