BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: Ace suspended, Zuma could be next - ANC; Sars promises to nail ANC for PAYE tax dodge; new Covid strains
* The ANC is suspending its secretary-general - albeit temporarily - and may also do the same to former president Jacob Zuma in connection with their corruption cases, reports Bloomberg. * South African Revenue Service commissioner Edward Kieswetter has promised zero tolerance against tax-dodgers, telling Parliament on Wednesday that the…
Charles Savage - CEO of Purple Group on retail traders fighting back against Buffet and Munger
Buffett as Chairman and CEO and Munger as Vice Chairman, the two have run holding company Berkshire Hathaway together since 1978. They have been sharing wisdom on investments and stocks recently, with some positive and negative feedback on the socials. One man who loved the duo's speech is Charles Savage…
Chris Yelland, Paul O'Sullivan on court order freezing assets of former Eskom execs and contractors
Chris Yelland joined the BizNews Power Hour team to speak on a court order freezing R1.4bn in assets of former Eskom executives and contractors. He said that the Eskom saga is not going to be put to rest anytime soon, the media will keep reporting on it. Learn more about…
Andrea Taverna-Turisan - CEO of Equites - on industrials winning property race
Andrea Taverna-Turisan is the CEO of Equites Property Fund, he joined the BizNews Power Hour to chat about their financial results, and bucking the property market trend. Andrea said he came to SA as a commercial property broker, but because of being well travelled he has a global perspective of…
BPH: Steven Nathan co-host; Equites Property Fund; Eskom corruption; Berkshire AGM key takeaways
In this episode of the BizNews Power Hour, Alec Hogg is joined by Steven Nathan as co-host, CEO of Equites Property Fund Andrea Taverna-Turisan, Chris Yelland and Paul O'Sullivan on Eskom executives corruption saga, Charles Savage boxing for the retail traders vs Buffet and Munger, Kokkie Kooyman on Greg Abel…
Flash Briefing: ANC in tax-dodging scandal; about 20m South Africans have had Covid-19; rhino poaching on increase
* At least three in every 10 South Africans have already had Coronavirus, studies show. * The ANC is possibly guilty of criminal offences in failing to pay over millions in Pay-As-You-Earn tax to the South African Revenue Service, while deducting this money from its employees’ wages, says the opposition…
From hedge fund manager to chairman of Lincoln City - Clive Nates
Clive Nates is a retired South African hedge fund manager now living the dream of being actively involved in English football. Nates said he has always loved the sport from childhood days, he joined the BizNews Power Hour to discuss the finances behind running a football club and where the…
BPH: Shapiro co-host; Berkshire AGM takeaways; Imps capital raise; powership corruption; Mozam update
In this episode of the BizNews Power Hour, Alec Hogg is joined by David Shapiro as co-host, Warren Buffet and Charlie Munger, Clive Nates on Lincoln City's capital raise, Aldworth Mbalati on the energy corruption saga, Stephen Buchanan-Clarke on Mozambique and the BizNews team. Learn more about your ad choices…
Flash Briefing: Covid-19 vaccine blow for SA; cryptocurrencies climb; big week for rand, will Moody's downgrade SA?
* South Africa said a delivery of 1.1 million Johnson & Johnson coronavirus vaccines has been delayed pending further safety checks, the latest blow to the country’s stop-start inoculation program. * The South African Rand faces a potentially big week with a US employment report and Moody’s country rating review…
Expect the rand to stay stronger, for longer - TreasuryONE currency strategist Andre Cilliers
At the start of the weekend, the rand lost some ground against the US dollar, with better-than-expected GDP numbers from the world's largest economy. TreasuryONE currency strategist Andre Cilliers explains that the US dollar was clawing back some of the past week's losses. He explains why - unlike some other…
Carly Barnes of EasyEquities on JSE/US price action; Naspers, Tongaat and FAANGS.
Carly Barnes - Relationship Manager at EasyEquities - Joined the BizNews Power Hour to chat about the performance of stocks for the past month. Carly said the Purple Group is the second most bought stock in, Sasol being at number one. Sasol released a trading statement recently expecting earnings to…
Kokkie Kooyman on Remgro selling 40m shares of FirstRand
First Rand's share price dropped 4% to R51 a share on Friday. Kokkie Kooyman, a banking analyst at Denker Capital, joined the BizNews Power Hour to share his analysis and said it is not a requirement to announce these changes as it is fairly a small transaction. Learn more about…
Invest your 12J tax saving where airline entrepreneur Gidon Novick has his own money: Lucid
Time is running out to take advantage of a rare tax deduction that allows you to chop your income tax bill - in exchange for investing in a South African venture capital company. In this interview, you'll hear from South African entrepreneur Gidon Novick, who started Kulula and Lift, about…
How a small-scale farmer mushroomed his business
Mushroom farmer Peter Nyathi is on a mission to get more people, especially within the black community, to eat more mushrooms. He says SA is trailing far behind - in terms of consumption - relative to countries like Australia and the United States. Judging from the trend to substitute mushrooms…
Coinbase: The new Tesla? And other big stock market questions answered for the BizNews community
US stocks rose, pushing the S&P 500 to a record, as investors cheered encouraging data on the economy, a strong batch of corporate earnings and the prospect of as much as $1.8 trillion in new government spending. Investors have spent much of the month grappling with two competing dynamics: signs…
Flash Briefing: Fresh corruption scandal erupts over SA energy supply; blow for Naspers-owned Tencent; Eskom wage fight
* Bloomberg says the lawsuit could hamper attempts to bring new generation capacity on line and could exacerbate the country's electricity crisis. * Meanwhile, South African state utility Eskom will start a fresh round of wage negotiations with trade unions next week, it said on Friday, warning any disputes could impact its…
SA was once the beacon of light for Africa - David Shapiro
David Shapiro is Deputy Chairman at Sasfin Securities and a regular co-host of the BizNews Power Hour. David shared his wisdom of the stocks especially on the drop of Tongaat Hulett's share price. Shapiro also shared history of SA and said if we ever wanted to get back to being…
Helen Zille - How to beat cancerous Woke Culture - and save SA from ANC misrule
In this wide ranging podcast, Democratic Alliance chairperson Helen Zille kicks off by discussing her new book Go Woke: Go Broke before branching out. The conversation with BizNews editor Alec Hogg ranges from why she refused to back down social media mobbing to how she would have advised Chris Hart,…
Kevin Brady - CEO of A2X - on attracting secondary listings and issues for another stock exchange
Kevin Brady is the CEO of A2X - JSE's competition- in this clip he told the BizNews Power Hour what he would different should he be given a chance to run the JSE. Brady spoke on attracting secondary listings and the benefits for investors. Learn more about your ad choices…
Lift co-founder Gidon Novick on Mango's demise and Lift's progress
Mango airlines has been making headlines this past week as it has been said to go into business rescue. Lift's Gidon Novick joined the BizNews Power Hour to share what he thinks about Mango's demise and to tell all about where Lift is today. Learn more about your ad choices…