BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: SA govt plans to grab 20% of oil and gas businesses; white people, dogs 'rescued first' - Isis attack
* South Africa wants a free 20% stake in oil and gas exploration and production ventures under a new upstream petroleum bill, which allows the minister to reserve petroleum blocks for Black investors, a copy of the bill seen by Reuters showed on Friday. * White people were given preferential…
Chris Wheeler, CEO of PostNet, on SAPO's move to monopolise delivery of parcels under 1kg
Chris Wheeler, the Chief Executive of PostNet, joined the BizNews Power Hour to discuss the South African Post Office and the Independent Communications Authority of South Africa’s move to get a monopoly on the delivery of all parcels of under one kilogram. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tekkie Town's Bernard Mostert - 'We want our day in court'
In 2016, Steinhoff bought Tekkie Town from founder Braam Van Huyssteen for R3.2bn – paying with Steinhoff shares which imploded the following year. This week, Tekkie Town’s former owners launched an urgent application for the liquidation of the disgraced retailer. Bernard Mostert, the former Chief Executive of Tekkie Town, joined…
Long4Life results, prospects and strategy review with CEO - Brian Joffe
South African business icon Brian Joffe was the flagship guest for last night’s BizNews Power Hour, with the Bidvest founder upbeat about the prospects of his latest venture – Long4Life. The investment holding company has some great assets with household names such as Sportsmans Warehouse, Fitch & Leedes and Sorbet…
Schalk Louw - die Rand, en “Jaws 2”
In hierdie potgooi het ek met bekende mark kommentator Schalk Louw oor die Rand gesels. Hy argumenteer dat ons nie die positiewe effekte van die huidige kommoditeitssiklus op ons wisselkoers moet onderskat nie. Hy raai ons ook aan om nie emosionele besluite te maak rakende ons wisselkoers exposure as gevolg…
BPH: Jean-Pierre Verster co-host; Brian Joffe; Tekkie Town dispute with Steinhoff; PostNet CEO
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Jean-Pierre Verster as co-host, Brian Joffe on Long 4 Life results and prospects going forward, Tekkie Town co-founder Bernard Mostert on their dispute with Steinhoff, PostNet CEO Chris Wheeler on the battle with SAPO and the…
Flash Briefing: SA born biotech billionaire injects billions into WC vaccine production; Facebook bosses to appear in SA
* South African-American biotech billionaire Patrick Soon-Shiong has committed an initial R3 billion to help build out South Africa’s capabilities to produce COVID-19 vaccines. * South Africa’s Department of Health said that while Covid-19 infections climbed 46% in the last week the country has not yet reached a “resurgence threshold.” * The…
Activist investor Harry Smit on the deal proposed by management
The Ascendis Health Activists grouping represents investors that use social media to establish a unified voice. Their representative - Harry Smit - joined the BizNews Power Hour and said "We do feel the deal on the table is a much better transaction than business rescue and we'll be supporting the…
Save tax, get hotel nights at SA's best address: 12J investment fund Pearl Valley Hotel - Mantis and Futureneers Capital
The Pearl Valley Hotel by Mantis is situated on the Jack Nicklaus Signature Pearl Valley Golf Course at the international award-winning Val de Vie Estate just outside of Paarl in the Cape Winelands. Arguably the best address voted number one Residential Estate in South Africa and recently voted Best Leisure…
Piet Viljoen on Ascendis, Transaction Capital and his own portfolio
Piet Viljoen, fund manager of the Counterpoint value fund, joined the BizNews Power Hour as co-host. Viljoen, who has both Ascend-is and Transaction Capital in his portfolio, weighed in on the recent developments with both companies. Known to many as one of the last purists out there in respect of…
Transaction Capital: CEO David Hurwitz on WeBuyCars
Transaction Capital, one of the best performing businesses on the JSE over the past ten years, continues to from strength to strength. In SA Taxi and WeBuyCars, the company has two great assets and is starting to benefit from the synergies created through vertical integration. David Hurwitz, the man at…
Ascendis Health recapitalisation; Mark Sardi explains
Mark Sardi spent his early career in corporate finance and investment banking in London and Johannesburg before making the move to CEO of Ascendis Health. He joined last night's BizNews Power hour, and told Alec Hogg that even though the balance sheet of Ascendis was bad when he started there,…
Old Mutual has been a big underperformer in SA - Steven Nathan
Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour as co-host. Nathan shared insights into what Old Mutual has been going through, stating that Old Mutual lost value in SA and made disastrous deals offshore as well. Learn more about your ad choices. Visit megaphone.fm/adchoices
BPH: Piet Viljoen co-host; Ascendis CEO Mark Sardi and Activists; Transaction Capital CEO on interims and WeBuyCars
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen as co-host, Ascendis CEO Mark Sardi and activist Harry Smit, Transaction Capital CEO David Hurwitz on its interim results and increasing its stake in WeBuyCars to c.75%, Prosus/Naspers corporate action and the BizNews team…
Steven Nathan: 'lack of PIC governance falls upon the South African taxpayer'
Steven Nathan, founder of index-tracking pioneer 10X Investments, joined the BizNews Power Hour as co-host with BizNews founder Alec Hogg. Nathan, an ex-investment banker, shared valuable insights into the scandal brewing around the Public Investment Commission, stating that ‘the underperformance of governance falls upon the South African taxpayer’. Learn more…
Flash Briefing: Covid-19 turbocharges SA e-commerce; Most SAs want Covid jab - survey; Naspers-Tencent; oil; inflation
* The total growth for online retail in South Africa in 2020 came to 66%, bringing the total to R30.2-billion, reports MyBroadband.co.za. * South Africans aren't anti-vaccers. In fact, at least seven in every 10 adults surveyed in the National Income Dynamics Study – Coronavirus Rapid Mobile Survey - would…
Sygnia founder going head-to-head with Cathie Wood's ARK innovation fund
Magda Wierzycka joined the BizNews Power Hour, with the Sygnia founder revealing that she is going head-to-head with ARK's Cathie Wood - by globally launching themed-ETFs that target identical investors. Learn more about your ad choices. Visit megaphone.fm/adchoices
Operation Value Unlock continues for SA's biggest stock - why it's a "no brainer" to swap your Naspers shares for Prosus
It’s been a year and a half since Naspers, the JSE’s dominant listing, re-engineered the business by floating its new European subsidiary Prosus on the Amsterdam Stock Exchange. According to CEO Bob van Dijk, the decision immediately unlocked $16bn in value for Naspers shareholders. Today the group announced another step…
Dit is ons beurt: 'n waagkapitalis gesels oor Afrika
In hierdie potgooi het ek met waagkapitalis en private ekwiteitsbelegger Gerhard Visagie oor Afrika gesels. Ons gesprek het gehandel oor hoe dit is om besigheid in Afrika te doen, watdie risiko’s is, en watter lande of streke hy dink ń blink toekoms het. Hy het my ook oor syhonderd-dae motorfiets…
Carrie’s Corner: From Benoni to world class cellar master - Alastair Rimmer
In 2014, Kobus Basson, owner of Kleine Zalze had announced that he had appointed Alastair Rimmer as the cellar master. Our resident wine expert Carrie Adams chats to Rimmer, an internationally acclaimed cellar master. Raised in Benoni and now a world class wine maker, Rimmer shares his story with our…