In what is clearly a difficult and murky period for markets, SA's favourite market analyst David Shapiro believes that patience will be required in the next few months as the upside will take some time. - Nadya Swart Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's news headlines: * South African new car sales plunged to a record low in April. National Association of Automobile Manufacturers of South Africa data show only 105 cars were sold in April, a drop of 99.6%, reports Bloomberg; * Mike Schussler, chief economist at Economists.co.za, says consumer spending…
UPDATE: The headline has been changed to make it clear that neither Sygnia nor any other investors funding the development of the vaccine will profit from it during the pandemic. The return on investment will only come in future years - IF the vaccine works. We sincerely apologise for the…
In episode 29 of Inside Covid-19, a brilliant commentary by Discovery’s co-founder Adrian Gore who opens a window into our post-coronavirus future - one with plenty of bright spots; Sygnia’s founder Magda Wiercyzka explains how her company became the biggest individual shareholder in Oxford University’s Covid-19 vaccine; we find out…
This episode of Rational Radio features Magda Wierzycka and Michael Jordaan along with regulars David Shapiro and GG Alcock. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's news headlines: * President Cyril Ramaphosa has defended strict and strange lockdown rules imposed to curb the spread of the coronavirus as citizens grow increasingly irked over seemingly illogical restrictions; * Business entrepreneur Mike Abel joins media personality Gareth Cliff in penning an open letter to the president…
Bryan Biehler of Huizemark says the industry is on freeze frame as most of the supply chain remains on lockdown until stage 3. Even if the ruling for the industry can be brought forward to stage 4, technology and skill sets currently employed by the industry are ill prepared for…
In this episode of Rational Radio, Alec Hogg apart from the stream of questions from on-attendance Biznews Premium subscribers, regulars David Shapiro and GG Alcock have plenty to chew on as former FNB boss turned startup investor Michael Jordaan picks the economy's post-Covid-19 winning and losing sectors; and Sygnia founder…
In episode 28 of Inside Covid-19; a whole new ball game with heightened infection risks as SA children return to schools; House prices set to take a 10-20% hit when market reopens; Africa’s low infection rates are no reason for complacency; A nasty lockdown side-effect as mental illnesses, addictions on…
In today's news headlines: * As South Africa’s lockdown restrictions were eased slightly at the weekend, many were out enjoying early morning exercise. But public health officials have urged vigilance on social distancing. At least 123 people had died of Covid-19 in South Africa by Saturday, with the highest number…
Covid-19 has highlighted the good, the bad, and the ugly. We’ve developed potential vaccines and started testing them in record time and launched an intense global response to the pandemic. At the same time, however, we can’t seem to make enough surgical masks or a reliable antibody test. In this…
In the race for a new vaccine against Covid-19, Oxford University’s Jenner Institute has emerged as the front runner among 90 institutions who are developing a vaccine against the virus. The Director of Oxford’s Jenner Institute, prof Adrian Hill told Biznews that the institute was able to move very rapidly…
In today's news headlines: * As Covid-19 lockdown eases from 1 May, a strict ban on tobacco sales remains in force, angering many citizens. Cabinet minister Nkosazana Dlamini-Zuma has defended the move, saying “the way tobacco is shared does not allow for social distancing,” and encourages the spread of the…
Has Eskom just experienced it’s Volkswagen moment - being caught out for under-reporting carbon emissions? Chris Yelland, the go-to guy on Eskom and all things energy related, has reported on a non-compliance notice that The Centre for Environmental Rights brought to light. Eskom, already fraught with loadshedding issues, has yet…
South Africa's townships and the associated informal, Kasi economy have been hard hit by the coronavirus pandemic and the lockdown. So the government announcement that the lockdown will be eased starting May 1 comes as a welcome relief for informal sector guru GG Alcock who warned at the beginning of the…
In episode 27 of Inside Covid-19, SA's infections and deaths increase by the most in any 24 hour period as the exponential growth in the virus starts taking hold. We feature a wide ranging interview with Dr Jonny Broomberg, CEO of Vitality Health International, who says the data from all…
More details have been released of the regulations that will be gazetted for Level 4 of the lockdown by Minister Nkosazana Dlamini-Zuma. Zuma said that the government received 70,000 submissions, more than 800 came from the business sector. She said most of the submissions were from people asking that exercise…
The constant bad news about Covid-19 and the fear that the virus with a serious sting in the tail could affect the people you love, is leading to anxiety and many sleepless nights for many of us. If you were a bad sleeper; the worries about the coronavirus could make…
In today's news headlines: * The Health Minister Dr Zweli Mkhize announces that 2,000 people have recovered from the Covid-19 virus and about 90 people of the 2,800 people have died. And the Education department has unveiled the details of the phased return of pupils to schools from next week;…
Prof Alan Whiteside is becoming one of the Covid-19 go-to-guys. He began his career as a freelance journalist, evolving it to eventually becoming Director and Professor at HEARD, the Health Economics and HIV/AIDS Research Division. Years of extensive work on HIV and AIDS around Africa gives him an insightful perspective…
29 Apr 2020 11AM
9 min
4680 – 4700
Agree to storing cookies on your device.
Cookie preferences
iono.fm may request cookies to be stored on our device. We use cookies to understand how you interact with us, to enrich and personalise your experience, to enable social media functionality and to provide more relevant advertising. Using the sections below you can customise which cookies we're allowed to store. Note that blocking some types of cookies may impact your experience.