BizNews tribe member Andrew Goodhead made it to Saaifontein on Tuesday evening where he was met with kindness and chicken pie. Generosity and a humble home were wonderfully evident in this conversation with Andrew. His spirits were high on the eve of the fourth day of his e-bike adventure to…
It has been many years since SA's globally respected sports and nutrition scientist Prof Tim Noakes engaged at any length with a South African journalist. So this interview with BizNews editor Alec Hogg is a rare treat for Noakes's legion of fans, millions of whom credit their improved health to…
The MD of Cape Town-based Afrigen Biologics and Vaccines, Prof Petro Terblanche, chats to BizNews in the wake of an announcement by the WHO that its consortium will be one of six tech-transfer hubs established on the continent. These six hubs will be ramping up production of commercially viable vaccines…
Andrew Goodhead, our very own BizNews adventurer, is travelling all the way from Cape Town to the third BizNews Conference (March 2022) on a solar-powered e-bike. After two days of travelling, we caught up with Andrew who – after spending his first night under the stars – is in Sutherland…
Stafford Masie is an Eldorado Park local who soared to magnificent heights in Silicon Valley, eventually returning to South Africa to continue his journey launching Google's footprint in the country. He's a tech investor and entrepreneur who'll be speaking at the upcoming BizNews Conference kicking off at the beginning of…
Sasfin Securities David Shapiro talks commodity counters on a day where two JSE resource heavyweights, Sasol and Amplats, released solid financials. The resource counters have been a major contributor to the performance of the JSE All Share Index, with supply-demand imbalances resulting in persistently higher commodity prices across the board…
TreasuryOne’s currency expert Andre Cilliers unpacks the optimism around the rand, with many analysts predicting there is more positive price action to come after a good start to the year for the local currency. Inflation and the interest rate cycles are two important factors influencing currency markets at the moment…
The question of whether it is a good idea to stay in South Africa or to leave is often fiercely debated in families, around dinner tables, and on social media. But what if there are options between those two extremes, where you can enjoy the good weather, fabulous people, food…
In early February this year, the Road Accident Fund (RAF) went to court on an urgent basis seeking to interdict the Auditor General's office from publishing its audit findings in Parliament. The AG is opposing this in the North Gauteng High Court in Pretoria. Besides disputes over just how bad…
An ambitious plan to democratise private equity for both investors and capital-seeking companies is in the final straight. After a year's intense focus, AltVest is getting ready to list in the Cape Town Stock Exchange in six weeks. The new company will function like a private equity ETF with Economic…
Among the innovations at the third BizNews Conference (BNC#3) are informal "nightcap" conversations - one featuring Rory Steyn, who spent five years as the head of Nelson Mandela's security detail. In this appetiser, Steyn shares his thoughts on South Africa's most famous president, shares a constant observer's insights into the…
A voice for South African savers, UK-based fund manager Sean Peche has had enough of the brutal value destruction taking place at JSE index heavyweights Naspers and Prosus. He has no emotional attachment or position in either company, however, he believes South African savers are being done a terrible injustice. Naspers…
We live an era where science and facts are being questioned but if there is one issue that we probably all agree on is that plastic pollution is a problem, and that we urgently need to do something about it. In Hout Bay, the Seal Rescue Centre has to deal…
With the volatility in the US markets, we could probably all afford to snap up shares even with our measly currency. But how do you get money offshore quickly and safely? We put that question and so many more to a man who spends much of his day perfecting the…
In this roundtable discussion with Adv Erin Richards and Bain whistle-blower Athol Williams, the actions of Bain's lawyers Baker McKenzie are in question. Did the global legal heavyweight justifiably shield its client from scrutiny, or criminal prosecution, by invoking legal privilege? All this while also being tasked with "independently" and…
In mid-2020, Arcelor Mittal SA was on the ropes, with critics predicting it was only a matter of weeks before the long-time loss-making company hit the wall. But in little over 18 months the world has changed for AMSA. Laregely due to CEO Kobus Verster's turnaround strategy, which has paid…
*Shoprite founder and one of South Africa’s most revered businessmen, Christo Wiese, has won back billionaire status (in dollar terms). The increase in Wiese’s wealth has been driven largely by his investment in the food retail business he started, Shoprite, which has become the country’s standout retail performer. Wiese’s 10.67% stake in…
In this episode of the BizNews Power Hour, editor Alec Hogg speaks to Brenthurst Wealth Management founder Magnus Heystek about his warning that "the easy money" has been made. Heystek shares what he has personally been doing recently - converting Rand into hard currency to invest in beaten down US…
In today's headlines:*President Cyril Ramaphosa’s cabinet has extended South Africa’s national state of disaster, but says that work is now being done to bring it to a close next month.*President Cyril Ramaphosa told Parliament's finance watchdog, the Standing Committee on Public Accounts (Scopa) that he relied on public information when…
State arms manufacturer Denel went from a financial position of hundreds of millions in profit, a mere seven years ago, to technically insolvent today. It can't pay staff and its electricity was recently disconnected by the Tshwane municipality for being R2.4m in arrears. What helped push this state-owned entity to…
14 Feb 2022 5AM
14 min
2980 – 3000
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