BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
'Call a war a war' - Ambassador for Ukraine tells SA
Ukraine’s Ambassador to South Africa, Liubov Abravitova, says she wants ordinary South Africans to know her country fights for its very existence against a Russian enemy perpetrating genocide.Abravitova explains in her interview with BizNews – despite the efforts of many not to recognise it as such – that there has…
12% drop in private wealth in SA over the last decade and Mauritius is leaving the rest in the dust
A comprehensive review of the wealth sector in Africa has found that Africa’s wealth has decreased over the last decade in dollar terms from $2.2trn to $2.1trn, and the number of millionaires with assets over $1m has dropped by 2000 from 136,000 in 2011. The number of centimillionaires and billionaires…
The back story to 'Stop Me If You Can': Paul O'Sullivan on his new book
Ace forensic investigator Paul O' Sullivan launched his new book 'Stop Me If You Can' this week. At the launch, BizNews founder Alec Hogg sat down with O'Sullivan for a fascinating discussion on the stories contained therein. Learn more about your ad choices. Visit megaphone.fm/adchoices
SA actuary is an early mover in introducing wearables to the car insurance market – Breez’s Dino Bertolis
Many insurance companies have woken up to the fact that a system of getting information from their customers by filling in forms has not served them or their customers well. Health and life insurers are now offering smartwatches or wearables to their customers to be able to track their health…
BizNews A-Plus Show - Ep 4 - From Netflix to Naspers; Cyril's KZN promise, Paul O'Sullivan & more
In episode 4 of the newest BizNews offering, editor Alec Hogg and deputy Michael Appel share insights into the news you need to know from the week that was - Hogg on business and investments, Appel on news and politics. In focus this episode, the latest on Netflix's torrid quarterly…
Andre Cilliers makes sense of confusing Rand influences – from KZN Riots and Chinese lockdowns to higher inflation
In this podcast, TreasuryONE's Andre Cilliers shares his insights into the likely currency movements - putting his excellent recent forecasting record at risk. The currency strategist unpacks reasons for the Rand's volatility, why SA's exchange rate moves in bands, and the danger points to watch out for. Cilliers also provides…
Cape Independence on the March: CT protest planned for Freedom Day to push DA into tabling Referendum
Momentum for Cape Independence continues to grow, according to the leading advocacy group's Phil Craig. To illustrate its growing on-the-ground support, the movement is to hold a march through the streets of Cape Town on Wednesday's Freedom Day public holiday. It has approval for 2 000 marchers, who will assemble…
Sean Peche: Despite tanking, Netflix is NOT a value stock – and no, I'm NOT buying it
Sean Peche is happy that value investors like himself are emerging from the wilderness, but says share price wipeouts like Netflix don't suddenly transform 'growth' stocks into investment opportunities. Using Netflix as a reference point, he cautions that although now ex-growth, the company's shares are still trading at three times…
Africa’s first lab chicken meat with plans to expand to a Big 5 Burger and meat ‘breweries’ – Mogale Meat’s Dr Paul Bartels
A South African cultured meat start-up company, Mogale Meat, has created the first cell-based chicken on the continent after only 18 months of research and development. The lab-grown chicken breast is the company’s entry for the $15m XPRIZE Feed the Next Billion competition and has earned it a place in…
Win for the little guy as Pretoria FM triumphs in Primedia broadcast battle
The Complaints and Compliance Committee of ICASA recently dismissed complaints laid against Pretoria FM by Primedia Broadcasting. Retired High Court Judge Thokozile Masipa and a panel of five committee members ruled against claims that Pretoria FM has been contravening its licence conditions and regulations. This is just the latest episode…
Naspers' failed "closing discount" strategy hits fresh nadir - Piet Viljoen wades in
Two years after Naspers management began implementing an explicit "closing discount to NAV" strategy, the consequence has been the precise opposite of what was intended. Counterpoint's Piet Viljoen points out the stock's discount to its see-through asset value is now at an all-time high of 62%. Naspers accounts for a…
Anyone with a spare R1m or R2m should consider real estate investments offshore
Millennials are making their mark in the South African property market. According to statistics from Comcorp South Africa, they have in the past two years made up the lion’s share of bonded home loan applications. So, what are the other investment opportunities for people who are settling into their prime…
BizNews A-Plus Show - Ep 3 - From Elon Musk to Zuma; KZN floods, Capitec, Bosasa & more
In episode 3 of the newest BizNews offering, editor Alec Hogg and deputy Michael Appel share insights into the news you need to know from the week that was - Hogg on business and investments, Appel on news and politics. In focus this episode is Elon Musk's latest bid to…
Zondo Commission: Cash is king in Bosasa's industrial-scale corruption
Sustaining a criminal enterprise requires lots of cash to pay bribes. The Zondo Commission report details how controversial facilities management group Bosasa, almost turned getting their hands on cash into a full-time gig, paying almost R76m to South Africa's corrupt over 16 years.The third tranche of findings to come out of the…
After 3x share price jump in two years, Capitec needed to produce a stellar FY22. It delivered.
SA's exponentially expanding bank today released audited results and the annual report just six weeks after its February yearend. This is a discipline CEO Gerrie Fourie says helps his team get the investor-related compliance done early into the new financial year, allowing them to get back to what they love…
Purple CEO Charles Savage unpacks the numbers and ahead to a five-new-product-2022 for Easy Equities
Purple Capital, controlling shareholder of Easy Equities, became a firm favourite among BizNews community members after CEO Charles Savage delivered an impressive keynote at BNC#2. At that time, the shares were easy to accumulate at 80c each, Little more than a year later, they trade at over three times that…
Linebooker - SA's home grown 'Uber' of trucking, in four years already the size of Big Four, growing at over 10% a month
Four years ago, Naude Rademan and Nick Hoffman, long-time supply chain warehouse logistics and supply chain executives, founded Linebooker, the 'Uber' of trucking. They used their insights to work out a tech-driven solution for some obvious problems for both transporters and those who needed freight moved. Backed by Patrice Motsepe's…
If roads be the economic lifeblood, SA's flatlining
A recent survey from Agri SA has found South Africa's rapidly dilapidating road infrastructure is having dire consequences on the agricultural sector. Over 300 farmers across the five worst-affected provinces participated in the survey. Farmers said they relied on road transportation to move an average of 94% of their produce…
Corion report shows nimble outperformed in March - light on Prosus/Naspers, rand hedges; heavy on financials, small caps.
The best investment returns are being generated by smaller, more nimble money managers according to David Bacher of Corion Capital whose tables for March have just been released. In this podcast, Bacher explains how asset managers are reacting to the new regulation which raises the offshore component from 30% to…
Temporary fuel price cushion welcome but unknowns remain
The Automobile Association (AA) has welcomed the R1.50 reduction of the General Fuel Levy (GFL), but warns the temporary reprieve may only be holding back inevitable pain coming the way of consumers. As of midnight on Tuesday, the price of 93 octane increases by 28c/l, while there's a jump of…