BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: SA sells majority stake of SAA, Naspers, Prosus under scrutiny
In today's headlines: *South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances, reports Bloomberg. *A number of South Africa’s top asset managers…
BizNews Power Hour - 11 June 2021. SAA gets private wings; Naspers faces activist shareholders; Deloitte CEO
In this episode of the Festive Friday BizNews Power Hour, Alec Hogg spoke to four of the 36 Naspers shareholders questioning the share swap and management alignment; Anthony Sedgwick - Director at Abax Investments, Shane Watkins - CIO of All Weather Capital, Asief Mohammed - CIO Aeon Investment Managers and…
Magda Wierzycka, Magnus Heystek on SA’s major Eskom crisis, Bitcoin, ESG and clickbait, fake news about Magda
Many South Africans have applauded President Cyril Ramaphosa for announcing steps to fix the country’s electricity crisis, but two of South Africa’s leading lights in the investment industry warn that his moves signal a deeper problem. Sygnia executive chair Magda Wierzycka, one of South Africa’s most successful asset management entrepreneurs,…
Training SA Olympic medal hopefuls not to drop the baton - Paul Gorries
After being postponed last year, the Tokyo Olympic Games is going ahead in July, under the cloud of the Covid-19 pandemic. Locals in Japan are wary and athletes are anxious - but for the rest of us, this the event we need to lift our spirits after a dreadful year…
Naspers at crossroads as 36 activist investors question share swap, management alignment
A number of South Africa’s top asset managers have 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…
Sibanye’s Froneman ecstatic as independent power generation regulations eased
Chief executive of Sibanye-Stillwater and renowned deal-maker Neal Froneman was the flagship speaker on the BizNews Power Hour, as the veteran mining executive struggled to contain his excitement regarding the easing of regulations on independent power producers. With many international institutions and foreign investors labelling Eskom as the single biggest…
BizNews Power Hour - 10 June 2021. Covid 3rd wave; Green light for private power plants; WW2 hero recognition
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen, Neal Froneman on Ramaphosa giving private power plants a go ahead, the chief executive of Discovery Health, Ryann Noach and the BizNews Power Hour team. Learn more about your ad choices. Visit megaphone.fm/adchoices
Piet Viljoen on Foschini's financial results, Sasol and hedging strategy
Counterpoint value fund manager Piet Viljoen joined BizNews founder for a discussion on the markets. His insight, once again, proved invaluable as he drew from both his rational perspective and wealth of knowledge. Of particular interest in the discussion were Foschini’s financial results, released today - and Sasol’s announcement on…
Flash Briefing: Finally, CR takes steps to ease Eskom crisis; new SAA partner; Oxford's Rhodes outcry
* South Africa’s government will allow private investors and companies to build their own power plants with up to 100 megawatts of generating capacity without a license, up from a previous limit of 1 megawatt. * While South Africa has the highest number of Covid-19 infections on the continent, it…
We are unquestionably in a third wave - Discovery Health's Ryan Noach
Dr Ryan Noach is the chief executive of Discovery Health. He joined Alec Hogg on the BizNews Power Hour to discuss the surging Covid-19 statistics in SA, with officials reporting a positivity rate of 16.5% on tests conducted. Positive cases spiked to 8,881, the biggest daily increase since January. Noach…
The world is shrinking for the Guptas - Paul O'Sullivan on extradition treaty
Corruption buster Paul O’Sullivan joined the BizNews Power Hour to discuss the news that the United Arab Emirates has ratified an extradition treaty with South Africa so that the Guptas can be brought back into the country. This could be good news given that the UAE is said to be…
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…