BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: Govt publishes Reg 28 rules to tap pension funds; Eskom R2bn 'ghost contract' scandal; Smith; Buffett
* The National Treasury has published draft amendments to Regulation 28 9of the Pensions Fund Act to encourage investment in infrastructure. * Public sector unions insist they will accept nothing less than above-inflation salary increases when they enter a fresh round of wage negotiations with the government on Monday, reports…
Hylton Kallner on Discovery results, Discovery Bank, Vitality, Ping An; shared-value delivers growth - CEO insights
Discovery is held in the BizNews share portfolio. Last week, the group reported on its results for the second half of 2020, with headline earnings per share decreasing by 10%. The share price fell a little and was trading at around R141 by the end of the week. Joining Jackie…
Sexual misconduct in the workplace: Eusebius McKaiser on how companies are failing to protect employees
In this podcast, BizNews investigator Ané Steytler chats to Eusebius McKaiser about workplace rape culture and how companies do not do enough to protect employees that fall victim to sexual misconduct. With degrees in Law and Philosophy, Eusebius shares his views on how companies fail to take sexual misconduct seriously…
Carrie's Corner: All things Italian with George Dalla Cia
George Dalla Cia of Dalla Cia Wines joins expert Carrie Adams to talk all things Italian. The family-owned winery has released a sparking pinot Grigio, which the pair discuss in great detail - from the vine to the bottle. Learn more about your ad choices. Visit megaphone.fm/adchoices
It could take at least 10 years for SA to get back to investment grade - chief economist
Kevin Lings, Chief Economist at Stanlib, a Johannesburg-based asset manager, spoke to Jackie Cameron of BizNews about the budget presented in Parliament this week. He notes that the the South African economy is expected to have contracted by around 7.2% in 2020, its worst annual performance since at least 1960…
Inside Covid-19: Ivermectin may reduce infection time, Covid spread slows as vaccines take off
In this episode of Inside Covid-19, we hear from Professor Eli Schwarz. Professor Schwarz is an Israeli tropical disease expert, who says he has new proof that a drug used to fight parasites in third world countries, could help reduce the length of infection for people who contract the coronavirus…
The state of security and future of predictive identity
The Covid-19 Pandemic has drastically changed the face of IT work environments and so security must evolve. However this should be balanced with the need to reduce workload that compliance places on line of business. Listen to this webinar to learn more about Altron Security's offerings and how they, as…
Flash Briefing: 4,000 South Africans get Covid AGAIN; SAA wants another R3.5bn; SABC tax revolt; Liberty; Sasol
* About 4,000 cases of re-infection with Covid-19 have been found in South Africa, Barry Schoub, the chair of the country’s Ministerial Advisory Committee on Vaccines, said. * Administrators for South African Airways have asked for another R3.5bn in taxpayer funds but no money has been set aside. * The SABC…
SA billionaire Rob Hersov launching SPAC on the NYSE
'A SPAC is a special purpose acquisition company and it's like an IPO in reverse', says Hersov. 'Ours is the only Africa and only mining SPAC on the market - in a sea of them'. He tells BizNews founder Alec Hogg about how the exciting process works and what it…
Alec Hogg unpacks Budget 2021
We appear to have created a new tradition. A few hours after finance minister Tito Mboweni’s presentation of the 2021 Budget to Parliament, BizNews community members joined in our webinar with publisher Alec Hogg. He shared a presentation of what he picked up from a morning in “lock up”, after…
Carrie's Corner: Mitigating the effects of Covid-19 in the wine industry
Wayne Buckley, the national sales and marketing manager for Wildekrans Wine Estate, joins Carrie Adams to discuss the government's discrimination against the alcohol industry. Plus, what Wildekrans has done to mitigate the fallout of Covid-19. Learn more about your ad choices. Visit megaphone.fm/adchoices
Is SA heading into economic crisis? Independent economist Dr Azar Jammine assesses #Budget2021
Finance Minister Tito Mboweni has repeatedly warned that South Africa is in a perilous financial situation. Does the 2021 budget go far enough in reversing economic decline? Dr Azar Jammine is Director and Chief Economist of Econometrix, an independent economic research consultancy. He shares his considered opinion us whether he…
Magnus Heystek: We got lucky! Commodities run saved us from tax pain - but SA is still in deep trouble. #Budget2021
SA’s trillion dollar debt question: R3.9 trillion - projected to go up to R5 trillion - is a massive jump and a big gamble that the SA economy will pick in a few years, says Magnus Heystek. The Brenthurst Wealth Management founder said, after reading through the details, in sum…
SA’s overburdened taxpayers get hit again: here’s how #Budget2021 plays out in your personal finances
Helping to unpick the details of the National Budget and how changes affect your investments and tax bill is Dawn Ridler, of Kerenga Wealth Ecology. She tells Jackie Cameron of BizNews that although there’s a huge hole in government funds, the government needs to be careful of killing the golden…
Flash Briefing: SA is 'dangerously overstretched - Tito; #Budget2021 snapshots; Rand holds firm; matric maths disgrace
* SA needs to borrow more than R500bn a year and is 'dangerously overstretched', says finance minister Tito Mboweni. * SA expects to record its largest tax shortfall on record by the end of the tax year – and a staggering R213bn less than its 2020 Budget expectations. * To…
Flash Briefing: SA unemployment at record high - but govt adds jobs; Uber drivers demand holiday pay; Sibanye
* South Africa’s unemployment rate climbed to a record in the fourth quarter as the economy was ravaged by Covid-19 lockdown restrictions . The jobless rate rose to 32.5% from 30.8% in the previous three months, according to Statistics South Africa. * South African Uber drivers are to go to…
Global Portfolio: JSE stocks, 2U buck Wall Street's weaker trend
The BizNews Share portfolio, launched in December 2014, has delivered spectacular returns for South African investors. Every month, BizNews founder Alec Hogg updates the latest developments at the companies whose stocks are held in the portfolio. Although the strategy has been to buy and hold, the portfolio has seen some…
Meet Charl Jacobs, the business leader working to create jobs, help people educate themselves - and fix SA
Charl Jacobs, the founder of the Quan Holdings group - which has 12 companies and more than 6,000 employees - is committed to rebuilding South Africa. In this conversation with BizNews, he shares how he wants to change the world for the better and his guiding principles for growing his…
Top global mining analyst Peter Major on ‘ferocious’ commodities bull run: gold, uranium, iron ore, coal, platinum
Should you invest in mining companies? What will change the bull run? Anglo Gold Ashanti has never been this cheap, notes Peter Major, director of mining, at Mergence Corporate Solutions. Stock-picking is called for, he says. Don’t buy the index. He sets out how one piece of legislation could change…
Sasol CFO: Dividends are a priority; why we dumped idea of rights issue; culture change; restructuring
The Sasol share price gained in value at the start of the week after the company released interim financial results. This came despite the group not declaring an interim dividend. Sasol showed it had made headway in slashing its debt burden by just more than one third or R64bn and…