BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Why SA's economy underperforms the whole world - shocking data laid bare by 'Time Travelling' economic analysis.
South Africa features in Charlie Robertson's recently released book, The Time Travelling Economist: Why Education, Electricity and Fertility are the key to escaping poverty. Not in a flattering way. So we asked the author, whose day job is chief economist of the world's leading emerging markets specialists Renaissance Capital, to…
BBB EP 39 - Market's four week rally runs out of steam; Rand and Crypto take a bath; Will China go to war over Taiwan
In this episode of the BizNews Business Briefing we take a look at last week's market movers and provide the investment news you need to know. In focus is the end of a four week rally for stock markets and the impact of investors switching away from higher risk assets…
The infantalisation of a generation – Prof Frank Furedi on safety culture and the cultural devaluation of freedom
When the emergence of Covid-19 and resultant restrictive measures were imposed across the globe in early 2020, the world witnessed submission of an unprecedented and surprising nature. One motivator, fear, is fairly obvious and understandable but it in no way explains the collective psychology in play. BizNews spoke to Professor…
Standard Bank CEO Sim Tshabalala on record profits; ICBC; Absa's rejuvenation; Kokkie's concerns; 2025 commitments and more
After running hard since mid-July, Standard Bank's share price dropped on the release of half year results to end June, reflecting Mr Market's inclination to buy on rumour, sell on fact. But with a 33% surge in headline earning to a fresh half year record, CEO Sim Tshabalala's description of…
CEO's inside track on Afrimat - SA-focused high quality mining stock which traded 50% higher in April
At BizNews, we keep a close eye on share prices of high quality companies, waiting to flag the opportunity when they temporarily fall out of favour with Mr Market. South African-focused iron ore, coal and bulk materials miner Afrimat fits this bill. Its share price it now at around R50,…
BBB Ep 38 - Oil creeps back towards $100; Markets bets 'bluffing' Fed's Put alive and well; Grindrod's big day on JSE; Bitcoin falls
A forgotten term, The Fed Put, has re-entered Wall Street's vocabulary. Stock and bond participants are betting the US Federal Reserve Bank is bluffing and will stop raising interest rates when economic damage becomes obvious. Fed officials have been doing their best in public statements to say the opposite. Also…
Mesh.trade enters SA market offering speed and lower costs in decentralised Financial Markets platform – Connie Bloem
It was not long ago that bankers and traders were turning up their noses at fintech and the phrase, “Normal people should not be trading,” was common in the City of London and other financial markets. That was until several players like Robinhood joined the party and technology democratised investing…
In-depth with Mike Brown, SA's longest serving bank CEO: Nedbank, its R10bn digital investment, renewables, fintechs, greylisting and crypto
In this in-depth podcast, Nedbank CEO Mike Brown tries (unsuccessfully) to hide irritation at the slow pace of SA's economic reform, but brightens up on the demand that's building for renewable energy investments. The country's longest-serving banking boss occupies a unique vantage point from which to share his insights on…
BBB Ep 37 - Market holding above 200 day MA (just); Fed Minutes; Bad Chinese news for Naspers on Tencent, Food Delivery; Sibanye smacked despite Rand ..
Stock market technical analysts are fixated with the 200-day Moving Average which they say provides either support (in a Bull Market) or resistance (Bear) for share prices going forward. After the major US indices broke above this critical tend last week, declines in the past two days have brought the…
Joint opposition press briefing on holding Ramaphosa to account
Several opposition parties gathered in Johannesburg on Wednesday to outline their plans to hold President Cyril Ramaphosa to account for the allegations surrounding the Phala Phala theft matter. Reading the joint statement on behalf of opposition parties - excluding the Democratic Alliance, among others - EFF leader Julius Malema says…
The transition to electric vehicles: protecting SA's motor manufacturing industry and its exports
Bronwyn Nielsen speaks to Thabang Mahlangu, the automotive and TFL lead at Nedbank CIB, about South Africa's journey to mass electric vehicle adoption. the country's lack of policy and legislative frameworks to drive growth in the EV market, and how the adoption of EV could benefit SA in the future. Learn…
BBB Ep 36 - Oil again drops sharply because Russia beating sanctions; BHP profit boom highlights Anglo's coal blunder; WeWork 2.0; US retailers up, ho..
Russian oil is getting through to users despite Western sanctions, a reality that's starting to dawn on the market and analysts with Barclays yesterday joined Goldman Sachs in sharply dropping its oil price forecast. A record dividend declaration by BHP in its annual results released yesterday highlighted Anglo American's coal…
The UK still offers a fantastic hedge for retail property investors – Sable International with new partner API Global
Interest rates are going up in the UK and the property market growth in the retail sector has slowed down substantially. So is it still a good destination for South Africans wishing to hedge their investments against instability in South Africa? Migrant specialists, Sable International, say it is. Group international…
Govt customs duties’ 'indecision' costs fiscus billions - report
Extensive delays by the Minister of Trade, Industry and Competition, and the Minister of Finance to take final decisions in dozens of customs duty investigations have cost the fiscus at least R1.25bn in revenue. So believes Donald MacKay, CEO of XA Global Trade Advisors. He was speaking at the launch…
BBB Ep 35 - Oil price drops sharply as China admits economic woes; US market buoyancy continues; SA banks firm up; Rand weakens
The oil price dropped almost $4 a barrel overnight as the consequences of China's zero-Covid approach to the virus continued to knock its economy. While most of the world, including SA, is now tightening monetary policy to squeeze out higher inflation, China has the opposite problem and yesterday cut two…
FT's Rachman Review: Whatever happened to Mandela’s dream for South Africa?
Our partners at the Financial Times have a fantastic podcast episode that tracks the fortunes of President Cyril Ramaphosa since he took over the reins of power from embattled former head of state Jacob Zuma. While Ramaphosa’s 2017 Nasrec win at the ANC’s elective conference came with much fanfare about…
SA's top banking analyst on Absa after interim results: Shares still cheap; 50% upside in next two years
The new management team at Absa continue to impress SA's top banking analyst, Kokkie Kooyman of Denker Capital. The bank's interim results for the half year to end June positions Absa as 'the best of the rest' behind market leading FirstRand, about as impressive an accolade as CEO Arrie Rautenbach…
BBB Ep 34 - Shares rise for fourth week; Institutions driving Crypto; Telkom tussles; SA industrial shares winning
Wall Street is enjoying its best run in almost a year with share prices posting their fourth consecutive weekly rise, boosted by a strong session on Friday. Also in this episode of the BizNews Breakfast Briefing, bullion is back above $1 800 and the Rand continues to gather momentum. The…
‘I’m ready to be President’ - SA politics disruptor-in-chief Mmusi Maimane expects prominent role after 2024
However the chips fall during SA's watershed 2024 National Election, the founder of One South Africa Movement, a community-driven, activist organisation, expects to play a prominent role in the likely new ruling coalition. Perhaps even as the country's President. In this fascinating interview, Mmusi Maimane shares how he is helping,…
Ahead of the game by acquiring cheap spectrum and betting big on 5G, rain chairman Paul Harris believes merger with Telkom would close out unique trif..
With suitors for Telkom now rapidly emerging thick, rain chairman and co-founder Paul Harris visited the BizNews studio to offer the elevator pitch for a merger of his speedboat with the supertanker. Of all the bidders, Harris alone is not in uncharted waters. In 1998, Harris together with partners Laurie…