JSE-listed printing, publishing and packaging group Novus looks set for a shake up after boutique asset manager A2 Investment Partners snapped up the entire stake of almost a fifth of the company that was owned by Media24 investments. The Novus share price has taken a hammering over five years, with…
In this clip the Chief Economist at Stanlib - Kevin Lings - joined the BizNews Power Hour team to discuss CPI of 3.2% in March, lower than expectations of 3.3%. He shared his view on how can CIP be the primary proxy for inflation when inflation is visibly much greater…
Jean-Pierre Verster joined the BizNews Power Hour team to discuss Pick 'n Pay's results, the end of Brasher's tenure and which is the best food retailer on the Johannesburg Stock Exchange. Verster roots for Woolworths as the best retailer currently on the JSE - even after a bad cycle of…
South Africa’s headline consumer price inflation has not risen as quickly as analysts have forecast. rose to 3.2% year-on-year in March from 2.9% in February, data from Statistics South Africa showed on Wednesday. South Africa is home to over twice as many millionaires (HNWIs) as any other African country. Despite…
Absa announced on Tuesday that CEO Daniel Mminele is leaving over non-alignment on matters of strategy and culture transformation with top executives after just 16 months at the helm. Banking analyst Kokkie Kooyman said to the BizNews Power Hour team, Mminele's departure could be linked to ABSA money market saga…
Meet Zak Calisto, the Shares of Karooooo, the new holding company for vehicle recovery and fleet management group Cartrack, rose as it began trading on the JSE earlier this week. Nearly all Cartrack shareholders have opted to remain invested in the new holding company. Which first listed on the Nasdaq…
Piet Mouton - COE of PSG Group - joined the BizNews Power Hour team to unpack the company's results, prospects of the investee businesses and new tax implications with respect to investment holding company's unbundling its assets. Learn more about your ad choices. Visit megaphone.fm/adchoices
In South Africa, we call it cadre deployment and state capture. In Britain, it’s called chumocracy - which is the practice of politicians farming out jobs and contracts for pals. Listen to this fascinating conversation with corruption expert Professor Liz Dávid-Barrett of the University of Sussex. She shares her insights,…
It was a trip to South Africa during the 2010 FIFA World Cup that ignited a passion for Africa in Emile Heskey. The former Premier League footballer has teamed up with Zimbabwean born entrepreneur, Davison Simango, to launch the Alkebulan Group. The company is planning to invest in sectors that…
There's big money to be made in Africa for those who crack the codes to running business in the many, risky and often complex countries. Listen to this podcast to hear fascinating insights on making money in Nigeria, Mozambique and other countries where many South African corporate bosses fear to…
* Amazon has announced that will establish its South African headquarters in the City of Cape Town, a project that has the potential to create up 19 000 jobs. * ABSA CEO Daniel Mminele has been axed, with Absa Group Chairman, Wendy Lucas-Bull saying that a separation deal had been…
In this clip, the CEO and CIO of Opportune Investments, Chris Logan, discussed with the BizNews Power Hour team, Cartrack CEO Zak Calisto's shareholder letter and 98.6% of investors staying invested in the global growth story, even though the stock is having a horrid time on the Nasdaq. Learn more…
Retail Analyst Syd Vianello joined the BizNews Power Hour to discuss Steinhoff's proposed listing of its crown jewel Pepco on the Polish exchange. Vianello gave a detailed analysis and concluded that this is not beneficial for shareholders. Learn more about your ad choices. Visit megaphone.fm/adchoices
The University of Cape Town has been affected by a massive fire that began on Sunday and has since been spreading due to strong winds, forcing students to evacuate. Spear REIT CEO Quintin Rossi joined the BizNews Power Hour, to let us in on how they are opening up the…
In the late 90's, Johannesburg businessman Andrew Gunn left the hubbub of Egoli in pursuit of his next career move - farming. Described as a "pig in a poke" by Gunn, his apple farm was soon transformed into a gorgeous vineyard. Nearly 25 years later, Andrew Gunn runs Iona, a…
* The DA has called for an independent investigation into a fire that broke out on the slopes of Table Mountain and damaged buildings at the University of Cape Town and elsewhere. * Eskom says it’s urgently seeking new providers of technical support after Oracle Corp.’s South African unit withdrew…
In January and February, there were around $300m in non-fungible token sales, according to Cointelegraph. But for many, NFTs are bewildering in the least. BizNews founder Alec Hogg makes sense of this digital movement with Invest Africa chairman Rob Hersov and Josh Minsk, COO of Momint. Hersov invested $50,000 into…
BizNews journalist Jarryd Neves spent a week with the talented Renault Duster, a compact SUV from the Boulogne-Billancourt based brand. He told the BizNews Power Hour about the stellar fuel economy, excellent gravel capabilities and impressive features. Learn more about your ad choices. Visit megaphone.fm/adchoices
"I admire your single-minded courage to speak up for the truth and the law, even when this was clearly at considerable cost to you and your family," wrote Eskom CEO Andre de Ruyter to former Trillian Management Consulting CEO, Bianca Goodson. After speaking out against corruption, Goodson had her entire…
Former CEO of Trillian Financial Advisory, Mosilo Mothepu, found herself at the centre of state capture. "When I left, I was petrified and horrified at what I witnessed. I had to do the right thing and tell the public protector what I knew." Mothepu has released a tell-all book, revealing…
19 Apr 2021 3AM
11 min
3680 – 3700
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