* The Banking Association of South Africa said in a statement on Wednesday that, at the current rate, only R18.9 billion rand - or about 10% - of the R200bn available to help businesses recover from Covid-19 will be allocated. * Moderna has offered to supply its coronavirus vaccine to…
Business for SA (B4SA) is campaigning for the government, manufacturers, retailers and consumers to recognise that the growth of the illicit economy - at a similar rate to the legal economy - is a major problem. State capture weakened state entities; Covid-19 rules had the effect of fuelling illicit trade…
Dr Richard Smith is an expert on cycles and the CEO of The Foundation for the Study of Cycles, a not-for-profit. He speaks to BizNews editor at large Jackie Cameron about what is really fuelling 'meme' stocks - and catching out professionals - and what this means for investors outside…
* Ford Motor Co. will plow $1.05 billion into a plant in South Africa -- its biggest-ever investment in the country. * Record demand at South Africa’s weekly sale of government debt suggests the lure of relatively high yields still outweighs investors’ concern about the country’s fiscal path. * The…
Tesla is sporting a market cap of $800 billion, which is more than seven times the combined sum of Ford and General Motors, notes BizNews Premium partner The Wall Street Journal. That valuation is paired with a minuscule share of the global auto market. So what’s next for Tesla, and other Elon Musk companies?…
Government's 12J tax incentive to stimulate employment and support targeted sectors is being applauded in the best possible way - via the wallets of sussed SA taxpayers. Bright Light Solar's fund raising issue opened to strong demand from BizNews community members yesterday, in a single day attracting deposits for half…
With a clear decline in hospital admissions and deaths, Covid-19 restrictions are being eased to balance economic and health considerations. So said President Cyril Ramaphosa when he announced adjustments to the plans to contain the spread of the virus. Vaccine procurement is being ramped up and will include helping SA's…
Are we in a meme stock bubble? What is a meme stock and how is it driven upwards? Hear from one of the original GameStop bulls, Rod Alzmann, a 31-year who set up GMEDD.com, about how he made a bullish case for the company and his theory took off. Learn…
* Corruption in southern Africa is a key theme in world headlines, with Mozambique President Filipe Nyusi placed at the centre of a $2bn debt scandal that led to a sovereign default. * In South Africa, former president Jacob Zuma - the central figure in R500bn, or $33bn, lost to…
In a world overpopulated with fakes, the authenticity of GG Alcock is a beacon of hope. Raised in a mud hut by committed South African Liberals, Alcock's story is inspirational, insightful and uplifting. For those who have read them, his excellent books Third World Child and Kasinomics expose a country…
* ActionSA, a party headed by former Johannesburg mayor Herman Mashaba, is urged the government to investigate reports emerging from numerous sources indicate that former President Jacob Zuma may be readying to jet out of South Africa. * As South Africa prepares to release its annual budget later this month,…
Have governments gone too far in imposing lockdowns to curb the spread of Covid-19? Why did governments use this strategy? Is the original Covid-19 still circulating - or did it die out in June? We speak to Brian Pottinger, South African author and former Sunday Times journalist who has undertaken…
We kicked off discussions with a look at whether bitcoin, blockchain and SA’s underperforming funds have a place in your portfolio of assets. Answering your money questions were: independent financial advisors Dawn Ridler, of Kerenga Wealth Ecology, and Jonathan Botha, Netto Invest. Learn more about your ad choices. Visit megaphone.fm/adchoices
Justin Rowe-Roberts, financial reporter at BizNews, reflects on this week's performance on the Johannesburg stock exchange. He explains why Steinhoff and Sasol gained in value, why the Clicks share price fell this week - even though it is dumping Musica - and sets out why Woollies is a stock worth…
Professor Amanda Dempsey has been lauded as one of the pioneers who shaped the accounting profession in South Africa. SAICA’s AccountancySA Magazine recently featured her as one of the people who have changed the profession, citing a passion for the industry that spurred her on to do all she could…
Malcolm Lobban of LX Living joins BizNews founder Alec Hogg, to discuss horizontal approval - the final piece of the puzzle that will allow investors in LX Living to get their Golden Visa. The programme allows investors to gain a European passport through property investment. Learn more about your ad…
What's next for PSG as it sells shares in Capitec, an investment that has delivered superior returns? In this interview with BizNews editor-at-large Jackie Cameron, the CEO of the investment holding company dissects the business environment in SA and how its strategy is changing. He slams Covid-19 containment measures and…
* South Africa’s first vaccines arrive in the country on February 1, says the health ministry. * Toyota South Africa will start manufacturing a new model, the Corolla Cross, creating 1,500 new jobs of which 500 will be at its production plant in Durban. * Mining companies in Zimbabwe said…
In this podcast, the internationally esteemed fine wine critic Carrie Adams chats to Mutle Mogase of the national wine industry body, VinPro, which announced this week that it is taking the South African government to court in an effort to overturn the liquor sales ban. Among its demands - for…
Kevin Shames, CEO of Bright Light Solar, spoke to BizNews founder Alec Hogg about an exciting investment opportunity. 12J tax incentives make this appealing for investors. With fund raising opening on February 1st, you've got to act fast if you're interested, says Shames. Learn more about your ad choices. Visit…
28 Jan 2021 6AM
17 min
3960 – 3980
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