BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Activist investor Harry Smit on the deal proposed by management
The Ascendis Health Activists grouping represents investors that use social media to establish a unified voice. Their representative - Harry Smit - joined the BizNews Power Hour and said "We do feel the deal on the table is a much better transaction than business rescue and we'll be supporting the…
Save tax, get hotel nights at SA's best address: 12J investment fund Pearl Valley Hotel - Mantis and Futureneers Capital
The Pearl Valley Hotel by Mantis is situated on the Jack Nicklaus Signature Pearl Valley Golf Course at the international award-winning Val de Vie Estate just outside of Paarl in the Cape Winelands. Arguably the best address voted number one Residential Estate in South Africa and recently voted Best Leisure…
Piet Viljoen on Ascendis, Transaction Capital and his own portfolio
Piet Viljoen, fund manager of the Counterpoint value fund, joined the BizNews Power Hour as co-host. Viljoen, who has both Ascend-is and Transaction Capital in his portfolio, weighed in on the recent developments with both companies. Known to many as one of the last purists out there in respect of…
Transaction Capital: CEO David Hurwitz on WeBuyCars
Transaction Capital, one of the best performing businesses on the JSE over the past ten years, continues to from strength to strength. In SA Taxi and WeBuyCars, the company has two great assets and is starting to benefit from the synergies created through vertical integration. David Hurwitz, the man at…
Ascendis Health recapitalisation; Mark Sardi explains
Mark Sardi spent his early career in corporate finance and investment banking in London and Johannesburg before making the move to CEO of Ascendis Health. He joined last night's BizNews Power hour, and told Alec Hogg that even though the balance sheet of Ascendis was bad when he started there,…
Old Mutual has been a big underperformer in SA - Steven Nathan
Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour as co-host. Nathan shared insights into what Old Mutual has been going through, stating that Old Mutual lost value in SA and made disastrous deals offshore as well. Learn more about your ad choices. Visit megaphone.fm/adchoices
BPH: Piet Viljoen co-host; Ascendis CEO Mark Sardi and Activists; Transaction Capital CEO on interims and WeBuyCars
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen as co-host, Ascendis CEO Mark Sardi and activist Harry Smit, Transaction Capital CEO David Hurwitz on its interim results and increasing its stake in WeBuyCars to c.75%, Prosus/Naspers corporate action and the BizNews team…
Steven Nathan: 'lack of PIC governance falls upon the South African taxpayer'
Steven Nathan, founder of index-tracking pioneer 10X Investments, joined the BizNews Power Hour as co-host with BizNews founder Alec Hogg. Nathan, an ex-investment banker, shared valuable insights into the scandal brewing around the Public Investment Commission, stating that ‘the underperformance of governance falls upon the South African taxpayer’. Learn more…
Flash Briefing: Covid-19 turbocharges SA e-commerce; Most SAs want Covid jab - survey; Naspers-Tencent; oil; inflation
* The total growth for online retail in South Africa in 2020 came to 66%, bringing the total to R30.2-billion, reports MyBroadband.co.za. * South Africans aren't anti-vaccers. In fact, at least seven in every 10 adults surveyed in the National Income Dynamics Study – Coronavirus Rapid Mobile Survey - would…
Sygnia founder going head-to-head with Cathie Wood's ARK innovation fund
Magda Wierzycka joined the BizNews Power Hour, with the Sygnia founder revealing that she is going head-to-head with ARK's Cathie Wood - by globally launching themed-ETFs that target identical investors. Learn more about your ad choices. Visit megaphone.fm/adchoices
Operation Value Unlock continues for SA's biggest stock - why it's a "no brainer" to swap your Naspers shares for Prosus
It’s been a year and a half since Naspers, the JSE’s dominant listing, re-engineered the business by floating its new European subsidiary Prosus on the Amsterdam Stock Exchange. According to CEO Bob van Dijk, the decision immediately unlocked $16bn in value for Naspers shareholders. Today the group announced another step…
Dit is ons beurt: 'n waagkapitalis gesels oor Afrika
In hierdie potgooi het ek met waagkapitalis en private ekwiteitsbelegger Gerhard Visagie oor Afrika gesels. Ons gesprek het gehandel oor hoe dit is om besigheid in Afrika te doen, watdie risiko’s is, en watter lande of streke hy dink ń blink toekoms het. Hy het my ook oor syhonderd-dae motorfiets…
Carrie’s Corner: From Benoni to world class cellar master - Alastair Rimmer
In 2014, Kobus Basson, owner of Kleine Zalze had announced that he had appointed Alastair Rimmer as the cellar master. Our resident wine expert Carrie Adams chats to Rimmer, an internationally acclaimed cellar master. Raised in Benoni and now a world class wine maker, Rimmer shares his story with our…
BPH: Steven Nathan co-host; Sygnia founder Magda Wierzycka on 4IR and taking on ARK; Adamus Stemmet on PIC
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan, Magda Wierzycka on the 4IR ETF, new emerging market ETF, reducing money market fees and Vaccitech IPO, Adamus Stemmet on the PIC's mishaps and the BizNews team. Learn more about your ad choices. Visit…
Flash Briefing: Tito goes after taxis for tax; Melinda divorced Bill after Epstein links were revealed; Harmony Gold
* Plans are afoot by the South African Revenue Services (SARS) to address tax avoidance in the country’s minibus taxi industry. * South African miner Harmony Gold on Tuesday reported a jump in third-quarter core profit, boosted by higher output and a strong gold price, positioning the miner to pursue…
Helen Zille - 'cadre deployment has hollowed out the state'
Helen Zille, South Africa's Iron Lady of politics, spoke to BizNews founder Alec Hogg about her book - #StayWoke: Go Broke. Zille writes about the unique dangers of wokeness and cancel culture in South Africa, her battle with cancel culture and what she sees in the country’s political future. Amongst…
Irnest Kaplan on the Sbu Shabalala domestic violence saga - what does this mean for their share price?
Over the past weekend Sbu Shabalala stepped down as the CEO of Adapt IT following allegations of domestic violence by his estranged wife. To further analyse what this negative publicity means for shareholders of Adapt IT is Irnest Kaplan. He was also with David Shapiro, who said in the past…
Raubex CEO Rudolf Fourie on resilient results and prospects
Raubex produced a robust set of numbers of its 2021 financial year-end, all things considered. No nonsense CEO Rudolf Fourie unpacked the results further and was upbeat about what lies ahead for the roads and civil infrastructure construction group. The order book ballooned to R17bn from R10bn in the prior…
JSE-bound Thungela Resources CEO is upbeat about the spin-off's prospects
Multi-national mining behemoth Anglo American's eagerly anticipated spin-off of its South African coal assets is around the corner. July Ndlovu, CEO of Thungela Resources (ex-Anglo coal) was on the BizNews Power Hour outlining the investment case for the JSE-bound commodity counter. Anglo American has been under pressure from shareholders to…
Rand strengthens: What's next? In-depth insights from currency strategist Andre Cilliers of TreasuryONE
In this week's Currency Focus podcast, valuable pointers on where the rand is heading in relation to major currencies: Investors want higher interest rates but they aren't coming - the US government has made that clear, but many aren't listening, says South African currency expert Andre Cilliers of TreasuryONE. That…