BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Be warned: Bull market will be recorded as one of great bubbles of financial history - legendary investor Grantham
GMO's Jeremy Grantham warned that a stock market bubble was about to burst in 2008. Now, he is warning that the 'long, long bull market since 2009 has finally matured into a fully-fledged epic bubble'. A historian of markets, Grantham says extreme overvaluation, explosive price increases, frenzied issuance and 'hysterically…
Awakening SA's sleeping university technology giant – UTF CEO Wayne Stocks
Experience overseas has proven universities can provide technological innovation that can be commercialised and have a positive impact on economies. One of the best examples of this is Oxford Sciences Innovation, a technology transfer company that was created to fund the university spinout companies.OSI is a major shareholder in Vaccitech,…
Naspers CEO Bob van Dijk: Naspers is looking at ways to ease dominance on JSE
Naspers CEO Bob van Dijk provides an update on how he thinks business is likely to evolve. Expect the travel sector to experience a boom as the Covid-19 pandemic moves away, with pent-up demand for hospitality and leisure companies from people who are 'dying to get out there again'. He…
Flash Briefing: Ivermectin approved to treat Covid-19; SAA gets R1.3bn for severance pay; Bitcoin; Steinhoff
* Ivermectin has been approved for use in treating Covid-19 in South Africa on a limited basis. * South Africa has approved AstraZeneca’s Covid-19 vaccine for emergency use and is reviewing applications by rival manufacturers, Johnson & Johnson and Pfizer, the medicines regulator said on Wednesday. * Administrators at national…
Ivermectin approved to treat Covid-19 on limited basis - SA medicines regulator
Ivermectin has been approved for use in treating Covid-19 in South Africa on a limited basis. This follows an urgent court application by lobby group Afriforum to force the regulatory authority to allow the use of the drug most commonly used for treating parasites in animals in the country for…
More than 3m South Africans trade in crypto currencies on one platform; Bitcoin draws crowds, says Luno
Joining Jackie Cameron of BizNews to talk about the explosive growth of crypto currency trading in Africa - and in particular South Africa - is Marius Reitz, Luno’s Africa General Manager. Bitcoin’s price could exceed $50,000 over the longer term as the digital asset vies with gold for investment flows,…
R1bn in cash back to Discovery Insure customers, as reward programme sees rapid growth - CEO insights
SA's short-term insurers have been in the news for trying to duck out of paying their dues. But there are some exceptions. In this interview, Anton Ossip, CEO of Discovery Insure - which covers about 270,000 cars in SA - explains how it has managed to give back generous rewards…
Flash Briefing: CR slams Britain, EU for hoarding vaccines; economic disaster looms, warns Winde; Steinhoff; Naspers
* President Cyril Ramaphosa on Tuesday urged wealthy countries not to hoard surplus Covid-19 vaccine supplies, adding his voice to calls for global production to be shared more equally. * Western Cape Premier Alan Winde has called on government to urgently ease Covid-19 restrictions in the provice to avoid an…
Global portfolio - a sparkling start to 2021 as Xero joins the basket
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…
Flash briefing: Covid deaths rise, Cosatu slams ANC for vaccine incompetence; Moderna; Woolworths; Naspers
* There were 112,280 more deaths from natural causes than expected in SA from May to January, say scientists. * The 1.8m-strong Congress of South African Trade Unions, a key ally of the ANC, has attacked the party for delays in securing Covid-19 vaccines as 56 other countries roll out…
What is the JSE doing to boost stock market activity? Big plans to fire up SA equities - Sam Mokorosi
The JSE has plans to fire up SA equities after a period in which companies have been delisting from the JSE in their droves and investors have been looking for stock market opportunities elsewhere in the world. Can the stock exchange reverse the trend? In this interview, Sam Mokorosi -…
Retail investors, TikTok influencers and frothy stock prices: How they've changed game for quants - risk expert
Retail investors have driven the prices of stocks like Tesla and Sasol and they are immersing themselves ever-deeper in trading. Before you ride the momentum, take a listen to what risk expert Cory Hoffstein - Chief Investment Officer of Newfound Research - has to say. He was speaking to BizNews…
Beach ban highlights bizarre Covid-19 rules: Legal expert on SA's coronavirus laws
At the weekend finance minister Tito Mboweni shared an SA Reserve Bank chart highlighting that the country’s Covid-19 restrictions are far more onerous than the average nation’s. In this interview, Martin van Staden, a legal expert who serves on the Free Market Foundation's executive committee and Rule of Law Board…
Flash Briefing: SA's Covid-19 crisis hits world headlines; Johann Rupert vaccine; Capitec boost for clients
* South Africa’s delayed Covid-19 vaccination programme means a third wave of the virus in 3 to 4 months; * The Wall Street Journal highlights that the real death toll from Covid-19 in South Africa could be double the official figure of about 40,000; * SA's richest man, Johann Rupert,…
Ecsponent, MyBucks: George Manyere, entrepreneur and turnaround specialist, unpicks multinational’s tangled web
Last year, the Financial Sector Conduct Authority suspended Ecsponent Financial Services for breaches of financial sector laws following complaints about how the company had marketed the preference shares of JSE-listed Ecsponent limited to potential investors. Independent financial advisor Magnus Heystek, of Brenthurst Wealth Management, was among those who signalled that…
Making the most of your money in 2021 - expert insights
Our popular, highly interactive Finance Friday webinar is back. This week, we were joined by global index-tracking expert Lisa Segall, of GinsGlobal Index Funds, and award-winning independent investment expert Magnus Heystek, of Brenthurst Wealth Management. It was a vibrant conversation on how to make the most of your hard-earned savings…
Inside Covid-19: Johann Rupert denies jumping queue; what vaccine 'apartheid' means for SA, the world
As South African billionaire Johann Rupert makes world headlines for getting a vaccine shot in December in Switzerland, we explore how global collaboration to mass vaccinate the world is being jeopardised - at the expense of the developing world. We speak to Theo Murphy, European Council on Foreign Relations, for…
Flash Briefing: Stinky India-SA vaccine deal; Mthembu dies; interest rates; Goldfields; Mozambique
* South Africa will pay $5.25 per dose for 1.5 million shots of AstraZeneca’s coronavirus vaccine from the Serum Institute of India - higher than the $3 a dose that South Africa and other countries on the continent are due to pay for the same vaccine under an African Union…
Flash Briefing: What's next for Mirror Trading; SA wealth tax proposal; private equity firms on hunt; Richemont; PSG
* The Financial Sector Conduct Authority has completed its investigation into MTI, and says investors should approach liquidators for help recovering funds. * A fresh wealth tax proposal says SA could find R160bn quickly. * Private equity firms want to spend R30bn in southern Africa. * Richemont saw robust demand…
Apple: Global tech demand powers up - expert insights
Apple, in the BizNews share portfolio, has been trading around $130 a share. Taiwan’s export orders, a bellwether of global technology demand, surged 38.3% from a year earlier to $60.55 billion in December, the highest on record, reported Reuters on Wednesday. Taiwanese companies such as Foxconn and Taiwan Semiconductor Manufacturing…