BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
News headlines: Basic income grant pitts Ramaphosa against Godongwana; Mpofu, Malema misconduct; Trollip joins ActionSA
News headlines:*Politics and economics are set to collide over welfare payments in the world’s most unequal nation. *The Pretoria Society of Advocates is calling for the removal of advocate Dali Mpofu from the Judicial Service Commission. *Former DA mayor in Nelson Mandela Bay, Athol Trollip, has joined ActionSA and wants to grow…
Adv Erin Richards raises the alarm about Bain's involvement in bizarre SAPS/Beretta meeting
Adv Erin Richards dissects what inferences can be drawn from a bizarre chain of emails Bain's SA partner Vittoria Massone wrote to Italian arms manufacturer Beretta in September 2015. It details Bain's involvement in preparations for a meeting between then Police Minister Nathi Nhleko, Hawks head Berning Ntlemeza, a host…
BPH: Lord Peter Hain taking fight to Bain; analysing Zondo's Transnet report; EU tech regulations a concern for US
In this episode of the BizNews Power Hour, editor Alec Hogg has a cracker of an interview with Lord Peter Hain who's lobbying to have controversial consultancy firm Bain & Co stopped from doing business with the UK and other governments; Michael Appel talks all things state capture and Transnet…
Analysis: Paying for the Gupta's greed...a Transnet tale
In this extensive interview with Institute for Global Dialogue political analyst Sanusha Naidu, we delve into the overall picture emerging out of Zondo's latest report. It's one of unconstrained theft at Transnet totally over R41bn. Naidu discusses the political implications for a "vulnerable" President Cyril Ramaphosa as pressure mounts for…
Lord Peter Hain opens UK battlefront against multinational Bain as retribution for State Capture intensifies
South African-born Peter Hain, a former UK cabinet minister and now member of the House of Lords, is upping the pressure on global consultancy Bain & Co. A mountain of evidence presented to South Africa's Zondo Commission into State Capture paints Bain as a major facilitator of looting. Lord Hain…
'Eye-watering and systematic looting at Transnet' - DA's Ghaleb Cachalia
The Gupta family and their cronies were able to steal at least R41.2bn from their dealings with Transnet. DA Shadow Minister of Public Enterprises Ghaleb Cachalia reflects on the grand-scale looting exposed at the state-owned entity in Zondo's second report. Learn more about your ad choices. Visit megaphone.fm/adchoices
Beating Buffett: CEO David Hurwitz shares the four key ingredients of top stock Transaction Capital's secret sauce
Since David Hurwitz took over as CEO in 2014, Transaction Capital's share price has delivered compound annual growth of 24.2% for shareholders. Even more if you include the healthy dividend stream. This in-depth podcast with BizNews editor Alec Hogg seeks the secret sauce driving one of SA's top performing companies…
BPH: Spotify/Meta stocks plunge; Sean Peche on mega-cap risk; Meet SA's top CEO David Hurwitz
In this episode of the BizNews Power Hour, the Financial Times has the latest on the Joe Rogan/Spotify saga, with the music streaming platform's stock plunging in after-hours trading; Ranmore Fund Management founder Sean Peche shares his insight on US mega tech stocks Meta and PayPal sliding more than 20%;…
Someone needs to pay the bill and this time it’s the growth investors – Sean Peche on mega-cap risk
Ranmore Fund Management founder Sean Peche shares his insight on US mega tech stocks Meta (previously Facebook) and PayPal sliding more than 20% following disappointing earnings guidance and lower-than-expected growth forecasts. Peche believes the sell-off is a culmination of several macro- and micro-economic headwinds all coming together at once. Earnings…
Valuations matter, forget the story - Corion Capital’s David Bacher
Corion Capital’s chief investment officer, David Bacher, focuses on the paradigm shift taking place in markets, the rotation from growth to value. Valuations have started to matter and many of the pandemic winners – stocks that have attractive stories but not necessarily attractive financials – have begun to suffer. Bacher…
BPH: David Bacher talks valuations; BizNews-inspired education innovation; CR's 2nd-term looming; Zondo's Part II
In this episode of the BizNews Power Hour our partners at the FT bring you up to date on a 20 for 1 stock split by Google's parent company Alphabet; Michael Appel unpacks some of Zondo's second report hot off the press; Linda van Tilburg talks to a BizNews-inspired Mossel…
Simon Lincoln Reader on Biden, Boris’ hair, wokeness and his relation to Margaret Thatcher – no-holds-barred
Simon Lincoln Reader, known to the BizNews community as SLR, wears many hats. A regular columnist for BizNews, Reader possesses a unique ability to merge perceptive depth and satirical wizardry in his articles. In January, Reader – a London-based technology investor – visited Cape Town, which presented the perfect opportunity…
BPH: John Biccard talks stocks selection; SA pulls out of Chelsea Flower Show; tamper-proofing an anti-corruption unit
In this edition of the BizNews Power Hour one of South Africa's best-performing fund managers John Biccard shares his view on the macroeconomic environment and stock selection within the NinetyOne value fund; SA's prestigious Kirstenbosch Gardens has been forced to pull out of the RHS Chelsea Flower Show; Paul Hoffman…
Paul Hoffman wants new 'Chapter 9' corruption-fighting agency
Accountability Now's Adv Paul Hoffman says that any truly independent and protected anti-corruption body must be designated a Chapter 9 institution if it is to survive taking on politicians and the like in South Africa. Hoffman draws attention to an error he's picked up in the first of three reports…
Keith Kirsten on SA's needless exit from Chelsea Flower Show
South Africa's prestigious Kirstenbosch National Botanical Garden has been forced to pull out of the world's premier horticultural event, the RHS Chelsea Flower Show. Ironically, the overall show in London, will this year be sponsored by SA entrepreneur Koos Bekker and his wife Karen Roos. SA gardening guru Keith Kirsten…
One day you’re cock of the walk, the next a feather duster - NinetyOne’s John Biccard
One of South Africa’s best-performing fund managers over the past 20 years, John Biccard shares his view on the macroeconomic environment and stock selection within the NinetyOne value fund, which has returned more than 17% per annum over the past two decades. Biccard’s investment philosophy is simple, he targets companies…
SA's anti-corruption stagnation - 'fixing the plane while needing to fly it'
In 2012, South Africa was ranked 69 out of 176 countries in Transparency International's Corruption Perception Index. Karam Singh, Executive Director of Corruption Watch, says almost a decade later and the country has dropped one place in rank to 70 out of the now 180 countries. South Africa is emerging from…
Inspired by BizNews to fix education with a low-cost ‘granny model' – Pieter Steenekamp
A few years ago, BizNews challenged its readers to submit stories about their dream for South Africa. There was one resident from Mossel Bay who responded with his dream of fixing South Africa’s education system. He is Pieter Steenekamp who soon realised that you can’t fix tertiary education without doing…
BPH: R1bn US biltong adventure; SAITA wants to quell xenophobic tensions; SA's anti-corruption progress stagnant
In this episode of the BizNews Power Hour, our partners at the FT speak to the head of the world's largest sovereign wealth fund about the longevity of the inflationary cycle; BizNews London correspondent Linda van Tilburg speaks to Springs local Warren Pala about a US company's R1bn bid to…
SAITA wants end to 'harassment by political vigilantes of foreign workers'
The South African Informal Traders Association (SAITA) says it's "alarmed and disappointed by the renewed harassment by political vigilantes" of foreigners operating in the informal sector. Political parties - like the EFF and PA - have taken it up themselves to conduct employment-ratio inspections at businesses and confiscate expired goods…