Many of South Africa’s rural towns are a sorry sight. Thousands of potholes and infrastructure that is falling apart are the order of the day, with poor municipal services to boot. But a fresh breeze is blowing through many towns, as citizens from across the political spectrum are tired of…
BizNews editor-at-large Jackie Cameron had a fantastic interview with Counterpoint value fund manager Piet Viljoen today, in which they went back to basics. With many of us paying - perhaps - too much attention to Mr Market’s movements, it is refreshing to get Viljoen’s perspective on everything from the fundamentals…
In today's headlines: *Former Eskom board chair and businessman Jabu Mabuza passed away on Wednesday night due to Covid-19 complications. *AngloGold Ashanti has had a bad year, with the company’s lack of a permanent chief executive officer and a suspension of its Ghana mine operations weighing on the stock. *Gold declined…
In this episode of the BizNews Power Hour, Jackie Cameron is joined by co-host Piet Viljoen; Sanlam CEO Paul Hanratty; former Johannesburg Major Herman Mashaba; Andrew Amoils of the New World Wealth and the BizNews Power Hour Team. Learn more about your ad choices. Visit megaphone.fm/adchoices
Andrew Amoils, an analyst at New World Wealth, specialises in keeping a close eye on how the world's wealthiest people spend their money. He joined the BizNews Power Hour to discuss the report he's just compiled on the top 10 lifestyle estates in the world for 2021. No less than…
Herman Mashaba, the former Johannesburg mayor, joined the BizNews Power Hour to discuss some of his plans for the coming elections. Mashaba is the leader of Action SA, a political party he launched in 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices
Listed insurance company Sanlam recently bought Alexander Forbes’ life business (with an insurance premium income of R1bn) for R100m. Sanlam CEO Paul Hanratty joined the BizNews Power Hour to shed some light on the deal, on having close ties with African Rainbow Capital, and the recent string of resignations of…
A number of South Africa’s top asset managers recently teamed together against the complex shareholding structure and lack of management alignment in South Africa’s two largest businesses – Naspers and Prosus. The Naspers executive team, led by chief executive Bob van Dijk, has been under scrutiny by market participants for…
In this episode of the BizNews Power Hour, Jackie Cameron is joined by co-host Steven Nathan; Perpetua's Delphine Govender on the war between Naspers and its shareholders; former finance minister Trevor Manuel on a decade lost of SA economy and the BizNews Power Hour Team. Learn more about your ad…
In today's headlines: *Tencent investor Prosus NV has agreed to buy a majority stake in European online employee-training platform GoodHabitz for 212 million euros ($257 million), extending the e-commerce giant’s push into education, reports Bloomberg. *Eskom CEO Andre de Ruyter has been facing death threats and unfounded allegations after starting…
Naspers came to a crossroads last week as 36 activist investors teamed together against the complex shareholding structure and lack of management alignment in Naspers and Prosus - South Africa’s two largest businesses. The Naspers executive team, led by chief executive Bob van Dijk, has been under scrutiny by market…
Magnus Heystek is seker een van dié mees bekende en invloedryke markkommentators in Suid Afrika. In die potgooi wou ek by hom hoor hoe dit als begin het; hoe hy in die bedryf beland het en dit reggerkry het om Brenthurst uit te bou tot een van Suid Afrika se…
Negative headlines about the rand at the start of the week are overdone. That's the message from TreasuryOne currency strategist Andre Cilliers, who explains why the rand has lost some of its recent strength against the US dollar. There has been much good news in South Africa which is likely…
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host David Shapiro; Sygnia's Magda Wierzycka on her Twitter wars with Elon Musk; Phil Craig of Cape Independence Advocacy Group; Tshepo Mahloele on SAA going private and the BizNews Power Hour Team. Learn more about your ad…
As is customary for a Monday, veteran portfolio manager David Shapiro unpacks the important investment matters at hand for the week ahead. Markets aside, David also shares his thoughts on electric vehicles, themes from the G7 summit and all things Magda Wierzycka. Learn more about your ad choices. Visit megaphone.fm/adchoices
Last week, our partners at Bloomberg reported that South Africa had agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm. The news was received with a collective sigh of relief, as SAA has been a drain on state finances…
* South Africa will dispose of 2 million Johnson & Johnson Covid-19 vaccines following a US ruling that ingredients for the country’s doses may have been contaminated during production, says Bloomberg. * Alexander Forbes Group Holdings has agreed to sell its Life business to Sanlam as part of its strategy…
Phil Craig is one of many individuals rooting for Cape Independence. The spokesperson for the Cape Independence Advocacy Group (CIAG) joined the BizNews Power Hour to discuss the idea - and possibility - of Cape secession. Craig tells Alec Hogg that CIAG wants "outright independence secession", while parties like the…
Founder and Executive Chairman of the Sygnia Group and one of the world's most coveted businesswomen, lashed out at Tesla and SpaceX chief executive Elon Musk, calling his market moving social media activities unacceptable. This made its way onto twitter, where Musk called Wierzycka's comments 'incorrect'. Learn more about your…
From Monday, 14 July 2021, the BizNews Power Hour is available free-to-air on ChaiFM from 7pm Monday to Thursday. ChaiFM broadcasts on 101.9FM with a footprint covering the greater Johannesburg area. In this podcast, ChaiFM's breakfast show host Howard Feldman talks to BPH anchor Alec Hogg about what listeners can…
14 Jun 2021 4AM
10 min
3440 – 3460
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