BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Brace for Covid-19 property, economic pain, warns Siphamandla Mkhwanazi, FNB property economist
Siphamandla Mkhwanazi, FNB Property Economist, says the South African economy is expected to be in a short, but deep recession this year. The economy is expected to shrink by 4.5% y/y for the year - and that is the base case and considerably worse than the (-1.5%) contraction experienced in…
Stranded in Bali - Mariheca Otto is running her business on a cellphone
Dr Mariheca Otto is the Managing Director of Motto Business Consulting whose plans to have a bit of mom time at a retreat in Bali, went horribly wrong when all flights to South Africa were cancelled. Otto is stranded on the Indonesian island and is trying to run her business…
Inside Covid-19: Allan Gray on market outlook; BoJo in ICU; Will BCG protect SA, lockdown be extended? - Ep 14
In episode 14 of the Inside Covid-19 podcast, Allan Gray’s view on the share market rebound – and the way ahead after the crash; Ron Whelan applies his mind to the major issues of the moment from protection by the BCG vaccine to whether SA's lockdown will continue beyond April…
Duncan Artus to investors: Stick with it for the long term, if you can!
The movements in stock markets over the last month have been astounding as financial markets react to the despair and hope induced by the coronavirus. There has been a rush for cash with investors pulling an unprecedented amount of money from the market as Covid-19 spreads. Biznews founder Alec Hogg…
Sizakele Mzimela will excel at Transnet – Bonang Mohale
Most former executives involved in South African Airways and SA Express will in light of the financial difficulties of the two companies not easily be given accolades for good performance. The decision to appoint the acting CEO of SA Express, Siza Mzimela as the new Chief Executive of Transnet Freight…
Covid-19 cases rise to 1,749, 13 deaths; BJ 'stable'; rand is a 'steal' - analyst; banks; China prowls for M&A bargains
In today's news headlines: * As of late Tuesday, the total number of confirmed Covid-19 cases in South Africa stands at 1749, with 13 reported deaths.; * Get well messages have poured in for UK Prime Minister Boris Johnson, who has contracted Covid-19 and was admitted to the intensive care…
Full interview: Gary and Andy Cronje - From China to SA and a Covid-19 tragedy
Here's the full half hour interview with South African schoolteachers Gary and Andy Cronje who were based in China when the Covid-19 crisis hit and spent weeks in lockdown there. They returned home to SA last month for their 14 day self-imposed isolation to be rapidly followed by the 21…
Forewarned is forearmed in SA's fight against Covid-19 - Ross Hofmeyr
They are widely seen as the soldiers on the front line and in at least two of the hardest hit countries in Europe and the world, the only line of defence in fighting the deadly Covid-19 pandemic. But what if that line of defence is so compromised they can't do…
Inside Covid-19: Advice from Bill Gates after warning world 5 years ago; Cronje heartbreak; rare Queen's Speech - Ep 13
In episode thirteen of Inside Covid-19, we hear from Bill Gates, who five years ago warned policy makers to prepare for a pandemic like the one we’re now experiencing; there’s a harrowing but riveting interview with our regular correspondents whose healthy 50 year old cousin succumbed to Covid-19 on Friday…
11 Covid-19 deaths; SA economy faces war-time style contraction; car sales hammered; KFC property defaults
In today's news headlines: * The total number of confirmed Covid-19 cases was 1,655 as of Monday 6 April, with 11 deaths reported to SA authorities; * South Africa’s economy could contract by 2-4% and the budget deficit could be pushed to war-time levels, the Reserve Bank says; * BMW…
Test and trace – Cronje's message after cousin’s death from Covid-19
The two Durban schoolteachers, Gary and Andy Cronje gave us fascinating insights as they holed up in China, the epicentre of the coronavirus pandemic. They managed to fly back to South Africa when schools in China closed and after another period of self-isolation in Johannesburg; they said they were ready …
David Shapiro, Alec Hogg read the POSITIVE signals driving markets in Covid-19 crisis
Microsoft founder Bill Gates, who has spent much of his time and philanthropic funds on fighting diseases like malaria in Africa, warned the world that one of the greatest risks to humankind was an infectious virus. In a TedTalk in 2015, he outlined how the world was not ready for…
Second wave of Covid-19 cases possible if lockdown lifted too soon – Dr Neil Martinson
The lockdown can seem endless, now that South Africa is past the halfway mark, especially when people are not even allowed to go out for exercise and where alcohol and cigarettes are prohibited. But right now; things are looking up for South Africa. The number of new cases and fatalities…
Is BCG-jab Covid-19's silver bullet? - NYIT's Dr Gonzalo Otazu
With the number of coronavirus cases growing every day across the world; scientists are desperately looking for a silver bullet to stop the disease in its tracks or at least prevent fatalities from it. As the virus is new and moved so fast from China to the rest of the…
Rational Radio full show: Covid-19 story that scared Shapiro; GG warns on township riots; Bonang the White Knight
An adjusted format for the latest episode of Rational Radio where SA's favourite market commentator David Shapiro unpacks Covid-19 impact on the formal sector, and Kasinomics author GG Alcock explains what's happening in the informal market. They raise concerns about the practical implications of the lockdown on both sides of…
Inside Covid-19: NYIT's Dr Otazu on his research BCG may provide shield; How SA medics protect themselves - Ep 12
In episode 12 of our Inside Covid-19 podcast, much needed hope for South Africa’s fight against the virus as research from a top US university suggests the BCG vaccination against TB, administered in the country for the past 80 years, provides protection against Covid-19. More on that coming up, including…
Coronavirus - Oil prices could fall below $10 a barrel
Oil prices have been hammered as the coronavirus has led to evaporating demand. With no planes in the sky and few cars on the road, demand has flatlined and marginal oil producers are starting to fail. Some have pinned their hopes on a supply-side intervention, arguing that if large producers…
Covid-19: 1m infections, 58,000 dead worldwide, Saffers dig deep; Netcare hospital shutdown; Transnet restarts
In today's news headlines: * As the number of Covid-19 infections breaches the 1m mark worldwide, with 1,500 in South Africa, and nine confirmed deaths, more than R2bn has been pledged by South Africans to the Solidarity Fund. * A Netcare hospital in KwaZulu-Natal is shutting sections as its bosses…
Martin Wolf, Mariana Mazzucato: The shape of world economy after Covid-19. LISTEN!
Policymakers are in crisis management mode, after the emergence and rapid spread of Covid-19. But what will the world look like when we emerge from our cocooned existences and try to kickstart our economies? Two of the world's top economic thinkers ponder this question, in this virtual discussion hosted by…
Inside Covid-19: Following the smart money; rock star economists on where we're heading - Ep 11
In episode eleven of Inside Covid-19, we hear how the smart money is playing the investment markets; a special treat as two rock star economists (Mariana Mazuccato and Martin Wolf) share how the world will change through Covid-19; the WHO shatters the myth of the virus only killing the elderly;…