BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: J&J Covid vaccine trial stops; Sasol tax surprise; SA lost 20% of jobs by April; new retail lease rules
* Johnson & Johnson halts clinical trials of its Covid-19 vaccine after a participant falls ill. * Stock market darling Sasol is benefiting to the tune of about R8bn from fuel subsidies and a carbon tax exemption. * Advisors to the president are recommending a three-year “solidarity tax” that would…
Inside Covid-19: Plan to live with virus at least until 2023; depression, mental health insights - experts
In this episode, we look at the global vaccine race, in an interview with expert Arnaud Bernaert, Head of Shaping the Future of Health and Health Care, World Economic Forum. He sets out who is likely to get the vaccine and why we must prepare for coping with Covid-19 in…
The Alec Hogg Show - Brutally honest Rob Hersov on the Ruperts, coming home - and unseating the ANC. Ep 9
Having just turned 60 and with the kind of wealth that brings total independence, globally successful entrepreneur Rob Hersov shares his obsession of helping weld together anti-ANC forces to unseat the ruling political party. Having swum against the tide when returning home three years ago, he has a vision for…
Flash Briefing: Manufacturing shrinks; FirstRand bonuses; CR on farm killings; tourism picks up - Tsogo Sun, City Lodge
* South Africa’s manufacturing output contracted 10.8% year on year in August after shrinking by a revised 10.2% in July, the statistics agency said on Monday. * The FirstRand group, which owns an investment bank, consumer lender, and South Africa’s biggest vehicle-financier, has started a new incentive program to retain…
Flash Briefing: SA heads for financial crisis; Denel, Land Bank need taxpayer support; global recession; Covid update
In today's news headlines: * South Africa is heading for a budget crisis by the 2024/25 fiscal year unless it addresses a widening gap between revenue and expenditure, Finance Minister Tito Mboweni has warned. * Two state entities, Denel and the Land Bank, want more taxpayer support. * The guardians…
Flash Briefing: Gold; Covid-19 vaccine; corruption - SA, Brazil; economy; Pick n Pay; Capitec
In today's news headlines: * Barrick Gold Corp.’s top executive says the gold industry needs more consolidation so it can increase exploration to boost depleting reserves, lure more generalist investors and improve efficiencies; * As SA’s crackdown on corruption gathers steam, in Brazil efforts to stop graft are winding down…
Inside Investing - Swanepoel highlights fresh SA mining opportunites; Orbvest; Sasol; Tongaat-Hulett. Ep 4
In Episode Four of Inside Investing, we talk to Bernard Swanepoel, chairman of the Joburg Mining Indaba about the major theme emerging form two days of high level engagement; hear from top asset managers about the appeal (or lack of) in Sasol shares; get insights on the turnaround opportunity called…
Great Bank Heist: VBS, Philip Truter, state capture - BizNews founder Alec Hogg
Last week saw high profile arrests of Free State tenderpreneurs closely linked to the ANC secretary general Ace Magashule. Yesterday the news broke that one Philip Truter, former CFO of heavily pillaged VBS Bank, has cut a deal that sends him to jail for an effective seven years. With a…
Jonathan Oppenheimer - SME loans, where the billions went and his forever home, SA
When the country experienced its unprecedented lockdown in March this year, the Oppenheimer and the Rupert families were among first of the country’s wealthy to pledge a whopping R1 billion each to contribute to mitigate the financial woes that would inevitably follow. The Motsepe and Bekker families and another Oppenheimer, Mary,…
Flash Briefing: Strike; Cosatu & business urge govt to fix economy; lockdown protest; interest rate forecast
In today's news headlines: * South Africa’s biggest trade union group, COSATU, urged members to stay away from work on Wednesday to protest about job losses, wage curbs and corruption cases; * Sentiment in South Africa’s services sector bounced back from an all-time low in the third quarter but remains…
A path to American citizenship through investment
The US EB-5 visa provides a government-approved and straightforward route for foreign investors and their families to obtain a US Green Card. The fundamental purpose of the EB-5 visa is to stimulate the US economy through job creation and capital investment. In return, foreign immigrant investors are granted all the…
Great Barrington Declaration: Lobbying against lockdown – Wierzycka, Hudson join SA Nobel winner Levitt, others
Co-authored by three medical experts, the Great Barrington Declaration has proposed an alternative to the lockdowns that multiple governments are imposing on their citizens and economies. The declaration believes that those who are at low risk of dying from Covid-19 should be allowed to live their lives and enjoy freedoms…
Flash Briefing: Eskom scandals: Zondo, Koeberg; Sun International property; FX; Trump
In today's news headlines: * More explosive evidence of the role of former president Jacob Zuma and his friend, Dudu Myeni, in Eskom affairs has emerged unfolding at the Zondo inquiry into state capture; * In another report on Eskom, energy expert Chris Yelland, managing director, EE Business Intelligence, has lifted…
The Alec Hogg Show: Supreme Wealth Creator Kevin Hedderwick - on GBK, Brian Joffe and, of course, Famous Brands. Ep 8
Kevin Hedderwick, Supreme Wealth Creator, is our guest in episode eight of The Alec Hogg Show. Hedderwick has had a spectacular career and in this podcast, he openly discusses what happened with the acquisition of Gourmet Burger Kitchen in the UK, his business relationship with Brian Joffe, how he started…
Cosatu's badly-timed strike against corruption; MultiChoice share price rockets; fuel price
In today’s news headlines: - Cosatu is planning a one-day national strike on Wednesday to protest against Covid-19 corruption; - Canal+ buys significant stake in MultiChoice; and - Petrol prices to go down on Wednesday. Learn more about your ad choices. Visit megaphone.fm/adchoices
LISTEN! Feeding starving SAs where even hungry street dogs have disappeared
Generosity of spirit has been displayed by many South Africans with news surfacing of hungry communities in the country being plunged into deeper poverty as Covid-19 has taken its toll on the economy. People have pitched in to raise money for food and do-gooders have swooped in to distribute bags…
Flash Briefing: Business sentiment; travel restrictions; Sasol; new Bidvest boss; JSE movers
In today's news headlines: * The Absa Purchasing Managers’ Index is on an upward trend, with purchasing managers cautiously optimistic about the future; * Details on the new travel restrictions, with tourists from countries that are ‘high risk’ not be allowed to enter South Africa; * Sasol announced on Friday…
Social media for social change: The Facebook post that fed an SA community
BizNews has documented the efforts of South Africans who have responded to food needs in the country. One of the projects was driven by Kate Crossland, a British woman, who lived in South African for a number of years. It was a Facebook post about broken promises of the government…
Inside Covid-19: Living through a pandemic - in SA, and in China. SAs speak - Ep 92
The biggest pandemic in a century reached a milestone this week: a million deaths around the world. In this episode of Inside Covid-19, we speak to South Africans who were in China when the virus emerged - and also lost a family member to Covid-19 in South Africa after he…
Inside Investing: Charles Savage of EasyEquities; Kevin Hedderwick on Famous Brands; Kisby Fund and more
In episode three of Inside Investing, we consider the investment case for two stocks South Africans love. The world's biggest gold miner, Barrick, and inimitable Berkshire Hathaway of Omaha. There's also thoughts from Famous Brands' former chief executive Kevin Hedderwick, on whether it's time to jump back into this fallen…