BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
BPH: John Biccard talks stocks selection; SA pulls out of Chelsea Flower Show; tamper-proofing an anti-corruption unit
In this edition of the BizNews Power Hour one of South Africa's best-performing fund managers John Biccard shares his view on the macroeconomic environment and stock selection within the NinetyOne value fund; SA's prestigious Kirstenbosch Gardens has been forced to pull out of the RHS Chelsea Flower Show; Paul Hoffman…
Paul Hoffman wants new 'Chapter 9' corruption-fighting agency
Accountability Now's Adv Paul Hoffman says that any truly independent and protected anti-corruption body must be designated a Chapter 9 institution if it is to survive taking on politicians and the like in South Africa. Hoffman draws attention to an error he's picked up in the first of three reports…
Keith Kirsten on SA's needless exit from Chelsea Flower Show
South Africa's prestigious Kirstenbosch National Botanical Garden has been forced to pull out of the world's premier horticultural event, the RHS Chelsea Flower Show. Ironically, the overall show in London, will this year be sponsored by SA entrepreneur Koos Bekker and his wife Karen Roos. SA gardening guru Keith Kirsten…
One day you’re cock of the walk, the next a feather duster - NinetyOne’s John Biccard
One of South Africa’s best-performing fund managers over the past 20 years, John Biccard shares his view on the macroeconomic environment and stock selection within the NinetyOne value fund, which has returned more than 17% per annum over the past two decades. Biccard’s investment philosophy is simple, he targets companies…
SA's anti-corruption stagnation - 'fixing the plane while needing to fly it'
In 2012, South Africa was ranked 69 out of 176 countries in Transparency International's Corruption Perception Index. Karam Singh, Executive Director of Corruption Watch, says almost a decade later and the country has dropped one place in rank to 70 out of the now 180 countries. South Africa is emerging from…
Inspired by BizNews to fix education with a low-cost ‘granny model' – Pieter Steenekamp
A few years ago, BizNews challenged its readers to submit stories about their dream for South Africa. There was one resident from Mossel Bay who responded with his dream of fixing South Africa’s education system. He is Pieter Steenekamp who soon realised that you can’t fix tertiary education without doing…
BPH: R1bn US biltong adventure; SAITA wants to quell xenophobic tensions; SA's anti-corruption progress stagnant
In this episode of the BizNews Power Hour, our partners at the FT speak to the head of the world's largest sovereign wealth fund about the longevity of the inflationary cycle; BizNews London correspondent Linda van Tilburg speaks to Springs local Warren Pala about a US company's R1bn bid to…
SAITA wants end to 'harassment by political vigilantes of foreign workers'
The South African Informal Traders Association (SAITA) says it's "alarmed and disappointed by the renewed harassment by political vigilantes" of foreigners operating in the informal sector. Political parties - like the EFF and PA - have taken it up themselves to conduct employment-ratio inspections at businesses and confiscate expired goods…
The R1bn American adventure - Springs’ Chief Biltong Officer Warren Pala
There is an American company called Stryve that is selling biltong in the United States and it is determined to grab the market share of jerky, the American equivalent. Stryve is marketing biltong as a healthier meat snack and they have raised nearly R1bn for expansion. The Chief Manufacturing Officer…
BPH: US Fed's inflation targeting; Peter van Kets on being a full-time adventurer; Magnus Heystek plans investment pivot
This episode of the BizNews Power Hour brings you an extended interview with full-time adventurer Peter van Kets. The East London local gives insight into what makes him tick and the key to achieving a well-lived life. Our partners, the FT, provide the latest on the US Federal Reserve Chairperson…
The easy money has been made, it’s time for investors to grit their teeth – Magnus Heystek
The hard-hitting Magnus Heystek unpacks what has been a tough start to the year for the financial markets. Heystek, who has been bullish on technology-focused businesses –specifically in the US – for the better part of a decade, says he and his team are mulling over a change in strategy…
Piet Viljoen on Sasol's windy sails; PPC's insider selling
Counterpoint value fund manager Piet Viljoen unpacks the reasoning behind inflation widening global wealth inequality. Primarily owing to economic policy and supply side issues, inflation has been driven to its highest levels in decades, leaving the poor helpless. The rich can shield themselves by investing in assets that will perform…
Did Neal Froneman get cold feet on Sibanye-Stillwater’s $1bn green metals acquisition? – Peter Major explains
Mining guru Peter Major looks at the controversy behind Sibanye-Stillwater’s $1bn nickel and copper mine acquisition in Brazil. On Monday, Sibanye announced the deal would be terminated on the grounds that a “geotechnical event” occurred at the Santa Rita mine that would materially affect operations. However, the seller – private…
BPH: Jonathan Oppenheimer's legacy to late wife; Swiggy's valuation scrutinised; Treasury on R11.4bn World Bank loan
In this episode of the BizNews Power Hour, our partners at the FT in London explain what's going on at Google regarding its decision to overhaul its online tracking tools. Anthony Sedgwick speaks to us about Indian food delivery giant Swiggy's valuation that's doubled in the last six months. Businessman…
Jonathan Oppenheimer's legacy to his late Jennifer - incentivising scientists to tackle African challenges
In this thoughtful and moving interview, the scion of South Africa's storied Oppenheimers opens up about his late wife Jennifer; generational investments into Africa's future; and incentivising scientists to find solutions to the continent's challenges. It opens a rare window into an iconic family which is most comfortable operating out…
Reaction to SA's R11.4bn loan - state's 'poor' spending track record in the spotlight
South Africa's government has a putrid record of spending money wisely. Dr Lumkile Mondi from the Wits School of Economics and Finance is cautiously optimistic the R11.4bn World Bank loan will be prudently allocated, but warns the vultures must be kept at bay if the loan is to have any…
SA's 'cheap' R11.4bn World Bank loan - Treasury DG on the Ts & Cs
South Africa is cash-strapped and the economy is not firing on all cylinders. National Treasury DG Dondo Mogajane gives a breakdown of South Africa's latest R11.4bn loan from the World Bank. This comes on the heels of a R70bn loan from the IMF in 2020. Learn more about your ad…
The worst is yet to come – Sean Peche rings the alarm bells
UK-based value fund manager Sean Peche gave words of warning as the market continues its volatile year. The tech-focused Nasdaq has been the worst affected; growth company valuations are being reconsidered given inflationary pressures and an imminent interest rate hike cycle. Market volatility has been elevated for some time now,…
BPH: Mr Market's wild ride; Bain was the brains in Zuma's plundering plan; Restaurants react to illegal worker blitz
In this episode of the BizNews Power Hour, our partners at the FT in London and UK-based Sean Peche of Ranmore Funds unpack last night's wild stock market ride where the US's Dow Index plunged then enjoyed a record one session rebound. Constitutional law specialist and avid Zondo Commission watcher…
Zondo implications - Adv Erin Richards explains why multinational Bain's "deny, deny, deny..." strategy is farcical
In this powerful podcast, Adv Erin Richards explains how Boston-based multinational consulting firm Bain is up to its neck in the Zupta State Capture project, unpacking its critical role in helping dark forces secure control of SA Revenue Services. Sharing conclusions after having read most of the Zondo Commission's 57,000…