BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
David Shapiro on why financial markets are bubbling, tech's 'vroom' and a letter from the 50s
The International Monetary Fund reported in May that incoming data showed many countries will be hit worse than its already pessimistic projections, and that the world will be thrown into the deepest recession since the Great Depression of the 1930s. GDP output, the fund said is expected to be shrinking…
Inside Covid-19: SA, Cape infections, deaths in perspective; Schools re-opening global experience. Ep 44
In episode 44 of Inside Covid-19 we examine the Western Cape’s infection and mortality rates, compare them with experiences elsewhere; after schools opened today, we take a close look at how this impacted the spread of the coronavirus in other countries; highlights from a fascinating interview with Stellenbosch University epidemiologist…
Covid-19 deaths at 1,000; it REALLY is back to school this week - Motshekga; game viewing allowed; Africa stocks soar
In today's news headlines: * About 1,000 people (952 as of 6 June) have now died of Covid-19 in South Africa, with nearly all of these in the Western Cape - which has reported nearly 800 deaths, says the government; * As confusion reigns over when pupils can get back…
Scary warning signs from the SA bond market
While the equity market gets most of the media attention, the bond market is a much better barometer of the state of the real economy. The South African bond market has been through a tumultuous period. After the Moody’s downgrade in March, SA government bond yields spiked, but they have…
When the political gets really personal…
They say the political is always personal, here Biznews team member, Chris Bateman, shares his knowledge of South Africa’s healthcare landscape and the Covid-19 coordinated response from his perspective as a 63-year-old highly immune-compromised cancer survivor and veteran healthcare journalist. Learn more about your ad choices. Visit megaphone.fm/adchoices
Government to appeal ruling declaring some Covid-19 measures invalid - Minister Jackson Mthembu
The Minister in the Presidency Jackson Mthembu has announced that the government is going to appeal against the court decision that threw its lockdown exit strategy into disarray. It follows after the North Gauteng High Court declared that some of the government’s lockdown regulations were unconstitutional and, therefore, invalid. Justice…
Thuli Madonsela lashes CR over Covid-19 lockdown rules, NDZ under fire in court; Saffers 20% poorer - FNB; Sasol
in today's news headlines: * Listen to the people, President Cyril Ramaphosa. That was the message from former public protector Thuli Madonsela in a hard-hitting Open Letter to the president, published in the Financial Mail, in which she sharply criticised South Africa’s strict lockdown rules; * Also this week: As…
Dr Jo Barnes: Why epidemiologists like me reject "just a bad flu" assessment of Covid-19
Stellenbosch University's Dr Jo Barnes shares the forthright character trait required for epidemiologists - scientists who serve society by identifying threats of contagious diseases and deliver fact-based ways to prevent them causing havoc. In this frank podcast she explains why those under-estimating the impact of the coronavirus do so at…
An unexpected cancer gift; societal empathy
In this third podcast about his cancer journey, one of our team, Chris Bateman, shares the insights and awakenings his recent diagnosis and treatment have evoked in him after nearly 20 years as a healthcare journalist. Learn more about your ad choices. Visit megaphone.fm/adchoices
Leon Louw unpacks Davis judgement which lays into NDZ's "irrational" lockdown regulations
The urgent application against SA's lockdown brought by Reyno de Beer and his Liberty Fighter's Network, was originally set down to be heard on May 19th. But after the defendant Nkosazana Dlamini-Zuma twice failed to file answering affidavits, the Judge gave her a last chance and the case was duly…
Rand strengthens; Covid-19 deaths near 800; taxpayers fund King Goodwill pay increase to R72m; Mediclinic
In today's news headlines: * South Africa has reported 50 more Covid-19 related deaths. This brings the total reported number of deaths from Covid-19 to 755, with 567 of these in the Western Cape, says the government; * South Africa’s long-suffering taxpayers will fund Zulu King Goodwill Zwelithini’s lifestyle to…
Inside Covid-19: Assessing the lockdown regulation judgement; Tygerberg braces for new spike. Ep 43
In episode 43 of Inside Covid-19, some practical do’s and don’ts for families whose children are returning to school next week; the High Court judgement forcing Government to recant on many lockdown regulations; we eavesdrop on SA Reserve Bank Governor Lesetja Kganyago talking to a foreign audience; the Cape’s Tygerberg…
Tygerberg Hospital in WC says admissions increase as lockdown eases; but 'coping' - George Muntingh
The Western Cape is starting to limit testing for the coronavirus to people over the age of 55 and for those with risk factors. It was adopted due to a backlog and shortage in test kits. The province has nearly two-thirds of the coronavirus cases in the country. The assistant…
Expert insights on bank stocks that should thrive after Covid-19: Kokkie Kooyman
Kokkie Kooyman has unparalleled expertise on the world's bank stocks. The Denker Capital financial services fund manager, who follows about 300 banks around the world, has seen his own fund's recent performance dip as Covid-19 sends shock waves across the global economy. But, as he notes in his 30 April…
Embracing generosity in adversity
No man is an island, and realizing this when facing the challenges life throws at us is an essential survival skill. Here Chris Bateman, Biznews contributor and news curator, talks about his experience of Ubuntu in dealing with his esophageal cancer diagnosis and treatment. Learn more about your ad choices…
SARB Governor Lesetja Kganyago pours cold water on appeals for more QE
The Governor of the South African Reserve Bank Lesetja Kganyago has commented on pressure from within the country that the Reserve Bank should do more to bring relief during the Covid-19 pandemic. He said emerging markets like South Africa have limited ability for quantitive easing. Speaking to an online event…
Court declares SA Covid-19 lockdown regulations 'invalid'; Nedbank, RMB named in forex scandal; Hammerson; Sasol
In today's news headlines: * A South African court has ruled that lockdown regulations implemented by the government are invalid. This was announced late on Tuesday by Phumla Williams, a spokeswoman for the cabinet; * Nedbank Group, FirstRand’s Rand Merchant Bank and Standard Bank Group’s Standard Americas have been added…
Inside Covid-19: Back to schools advice for families; Transparency please on SA mortality projections. Ep 42
In episode 42 of Inside Covid-19, with schools set to re-open on Monday, there’s professional advice on how families can minimize virus-related risks this will introduce; actuarial body PANDA wants Government’s official coronavirus mortality modellers to share their assumptions after their projections have proved consistently inflated; we share the intensely…
PANDA's Nick Hudson: "Breathtaking failure" by scaremongering Covid-19 modellers - SA deaths to peak this month
Official modelling of South Africa's projected mortalities from Covid-19, which started at 375 000, was last week dropped to 40 000. But even that is a huge exaggeration says Nick Hudson co-ordinator of the group of actuaries who collaborate under the PANDA umbrella. In this fascinating podcast Hudson explains why…
Pilots: Corrupt Dudu Myeni trashed SAA, now there's evidence to put her in jail
Dudu Myeni is a household name in South Africa for playing a conspicuously corrupt and instrumental role in damaging South African Airways’ (SAA) prospects of being a profitable entity. Her actions have cost South African taxpayers billions of rands in bail-outs over the past decade, with another R2bn scheduled to…