BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
The Alec Hogg Show: Back in airline industry he was born into, upLIFTing story of rejuvenated Gidon Novick
Now 51, Gidon Novick has packed more into his life than most do in three. An untraditional chartered accountant (and MBA), nine years after stepping down as CEO of Comair, he's jumped back into the industry he was born into. In this in-depth biographical podcast, the now 51 year old…
Flash Briefing: Taxpayers cough up another R5bn for SAA staff; Bitcoin reaches US$50,000; Glencore; Spar; Resilient
* Taxpayers have forked out another R5bn so that South African Airways can pay severance packages to staff laid off as part of its rescue plan. * Bitcoin topped $50,000 for the first time, doubling in less than two months as the digital currency continued its run higher. * Glencore reinstated…
SA start-up success: How the ‘uber’ of actuaries has developed into a R35m/year revenue business in 3 years
South African entrepreneur Adi Kaimowitz has developed a collaborative of actuaries in a business model that has been referred to as “the Uber of actuaries”. In this interview with Jackie Cameron of BizNews, he shares the details of his start-up success, with tips for other aspirant entrepreneurs, and he explains…
Carrie's Corner: Talking brandy with Cape winemaster, Winnie Bowman
In this episode, wine expert Carrie Adams sits down with Winnie Bowman, a renowned Cape wine master. The pair discuss the history of brandy in South Africa - and the importance the often overlooked liquor has to the local wine industry. Learn more about your ad choices. Visit megaphone.fm/adchoices
Flash Briefing: KPMG throws in towel on consulting for JSE firms; Rand strength; Bitcoin could hit $80k - ARK
* KPMG South Africa, at the centre of the state capture scandal that shattered the SA economy in the Jacob Zuma era, will become the nation’s first major auditor to stop offering consulting services to listed clients. * The South African currency has gained 5% against the dollar this month,…
Chamath Palihapitiya, billionaire investor in his early 30s, the Buffett of the Reddit-era on Bitcoin, Tesla - and more
Chamath Palihapitiya, an early Facebook executive who cashed out in 2011 and is the founder and CEO of Social Capital, wants his firm to be the Berkshire Hathaway of the 21st century. He has also been described as the king of special purpose aquisitions companies - Spacs. In this interview,…
How to slash your tax bill, from RAs and 12J companies to tax harvesting - independent advisor Candice Paine
There are no tax loopholes in SA, but there are steps you can take to reduce your taxable income - and keep the difference to boost your own personal wealth. Independent financial advisor Candice Paine, of PR Financial Services, shares her top tips to cut your income tax bill -…
Flash Briefing: WCape secession - fresh call; Eskom in private property scandal; MK vets protect Zuma from arrest; Tesla
* The Cape Independency Advocacy Group has issued a statement urging public consultation in the Western Cape for secession of the province. * Eskom in private property scandal: MyBroadband cites the examples of a farm that was purchased for R87,000 and sold 12 years later for R12m and a portion…
After most expensive divorce settlement in history, from Amazon founder Jeff Bezos, Mackenzie Scott gives $6bn away
Mackenzie Scott - Jeff Bezos' ex-wife - is causing a stir through her giving. The woman who helped Bezos found Amazon has dished out billions of dollars. What does this mean for the Bezos fortunes? Will Jeff follow suit? Insights on philanthropy. Learn more about your ad choices. Visit megaphone.fm/adchoices
How it all works - Bright Light Solar and the projected 19% after tax return
The SA Government offers attractive incentives to encourage the promotion of small businesses and increase clean energy production. Hedge fund pioneer Kevin Shames has applied his business skills and financial knowledge to combine these advantages to offer a projected 19% after tax return through his Section 12J company Bright Light…
Don't buy Bitcoin, says former chair of the Federal Deposit Insurance Corporation
Mastercard, BNY Mellon, Twitter are among the growing list of corporates starting to factor cryptocurrencies into their plans. Recently Tesla put US$1.5bn into Bitcoin? Should you buy Bitcoin? Former chair of the Federal Deposit Insurance Corporation Sheila Bair was asked for her views on crypto currencies and told Bloomberg that…
Taking Stock: Wrap of JSE shares - Telkom, Italtile, Implats, Amplats & AngloGold
In this Friday's episode of Taking Stock, BizNews financial journalist Justin Rowe-Roberts provides the key highlights on: * Telkom's results and how the company has pivoted successfully from a fixed-line operator to a savvy and growing mobile business; * Italtile, a company in which management continues to deliver and has…
Land expropriation included in priorities for SA, plus CR's other goals for 2021 - SONA snapshots
President Cyril Ramaphosa has laid out the government's main objectives for 2021 in his State of the Nation Address. These include: * Dealing with the Covid-19 pandemic; * Accelerating economic recovery; * Creating jobs and inclusive economic growth - including maintaining black economic empowerment rules; * Fighting corruption and strengthening…
Inside Covid-19: Medical breakthroughs - common asthma drug Budesonide, Ivermectin in treatment of coronavirus
In this episode of Inside Covid-19, we look at an important scientific breakthrough in the early treatment of Covid-19, we speak to Professor Mona Bafadhel of the University of Oxford’s Nuffield Department of Medicine, about how a medication commonly used to treat asthma appears to significantly reduce the need for…
Flash Briefing: SA banks 'have legs'; Mastercard starts to integrate crypto assets; Italtile; Africa tech start-ups
Funding for African startups slowed for the first time after nearly 10 years of growth as investors in the fledgling tech scene were put off by the Covid-19 pandemic. * South African banks 'have legs', says an equity analyst for a major firm. * Italtile produced stellar results. * Mastercard…
What's next for JSE darling Italtile as it rewards shareholders with double-digit growth in profit, dividend
Italtile CEO Jan Potgieter speaks to Jackie Cameron about the company's stronger-than-expected interim performance. While many South African companies buckled under Covid-19 containment, Italtile saw turnover rise by 14% to R6.2bn for its half-year to the end of December. Trading profit surged 38% to R1.4bn. It also has more than…
Ivermectin: Major tech breakthrough in human application, as scientists aim to save world from Covid-19 and malaria
* Mountain Valley MD, listed in Canada and Germany, says it has patented the 'Holy Grail' for pharmaceutical companies - the improved solubilisation of drugs. * It has developed a tabled that dissolves easily, with a fraction of the dose, of wonderdrug Ivermectin. * Ivermectin is seen by many as…
Flash Briefing: SA business confidence plummets to apartheid lows; SA wants to swap Covid-19 vaccine
* South African business confidence hit a 35-year low in 2020, says the South African Chamber of Commerce and Industry - calling on the government to rethink economic policy and hurry up with vaccine roll-out. * Standard Bank snaps up shares in Angolan subsidiary; * The SA govt wants to…
SA listed property success story: How Equites delivers superior returns through e-commerce, logistics - CEO insights
Property has been the worst performing asset class on the JSE for over three years now. The property index has retreated around 40% from its highs in early 2018. One Reit that has bucked the trend is Equites, which specialises in properties in the e-commerce economy in South Africa and the…
Meat Naturally: The environmentally friendly small business generating livelihoods for 2,500 communal farmers in SA
Here’s a story that will lift your spirits. Meat Naturally, an Mpumalanga-based social enterprise, is helping thousands of communal farmers create a livelihood. It has plans to expand its innovative approach to environmentally friendly livestock production across Africa. This week, it was awarded joint first place in the 10th SAB…