BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
‘Logic, evidence’ drive more SA investors to index tracking funds: Steven Nathan
Index tracking funds eclipsed actively managed funds in assets under management last year, in a significant milestone for the global investment industry. In South Africa, passive investing has been gaining traction, too, with investors increasingly becoming wise to the need to pay close attention to costs, which can eat into…
Astonishing rise of Sasol share price: David Shapiro shares 'intriguing story'
The Sasol share price has given stock market investors a rollercoaster ride, plummeting from January to March and heading up again quickly to June. Sasol is listed on the Johannesburg Stock Exchange and is one of the most closely watched shares in South Africa. The underlying business activity does not…
CR to axe public sector jobs; Edcon closer to selling Edgars, Jet; SA Airlink attacks SAA rescue; City Lodge cash plan
In today's news headlines: * President Cyril Ramaphosa has warned that job cuts loom at public sector entities. The government is preparing a radical change to the budget to fix an economy battered by Covid-19; * Bond investors worry that borrowing R1bn a day won’t be enough to plug SA’s…
Inside Covid19: Discount exchange rate for offshore investors; Lockdown's US Day Trading boom for Sasol. Ep 50
In episode 50 of Inside Covid-19, coronavirus-inspired South Africans seeking diversification abroad can now buy into portfolios run by the world’s biggest investment houses at a discounted exchange rate; we have a look at the lockdown inspired day trading boom in the US, and then consider its local implications with…
The Constitutional Court ruling that's a game-changer for SA politics, with Teresa Conradie, Herman Mashaba
In this webinar, BizNews founder Alec Hogg discusses a Constitutional Court ruling that is set to shake up political governance. With him answering questions for the BizNews community are Teresa Conradie, a lawyer who played a key role in the case, and Herman Mashaba, a politician and entrepreneur. This is…
Seismic shift in political governance unpacked, with Alec Hogg, Teresa Conradie, Herman Mashaba
Political governance in South Africa has changed dramatically, following a Constitutional Court ruling that means Parliament is no longer the preserve of individuals who are in the main political parties. In part two of this webinar recording, BizNews founder Alec Hogg explores this critically important development with the lawyer behind…
2,000 Covid-19 deaths; Tito's shake-up budget; Tsogo Sun rescues Marriott hotels; back-to-work for hairdressers
In today's news headlines: * Almost 93,000 people in South Africa have tested positive for Covid-19 since the start of the pandemic; * Finance Minister Tito Mboweni has told Parliamentarians that the Treasury plans to unveil “very serious and unusual changes” to its expenditure plans this week; * Tsogo Sun…
The bitter truth about new Covid-19 treatments
The news about dexamethasone – a potential new Covid-19 treatment – is great, but it doesn’t mean we’re out of the woods. Not by a long shot. While it’s natural for us to be enthusiastic about any positive Covid-19 news, whether it’s a new treatment option or a possible vaccine,…
Inside Covid-19: Good news for well run businesses; Sun International; More on dexamethasone. Ep 49
In episode 49 of Inside Covid-19, good news if you’re a careful driver or have a well-run small business; why remote doctor consults (telemedicine) is here to stay; an update on the search for an effective way to identify those with Covid-19 antibodies; the CEO of Sun International explains what…
ANC, not Covid-19, have destroyed economy - DA; Curro, Foschini rights offer; Tongaat Hulett; Sasol
In today's news headlines: * DA leader John Steenhuisen says the ANC, not Covid-19, is to blame for the country’s economic woes after President Cyril Ramaphosa announced that the lockdown will be substantially eased; * Tesla directors, including co-founder Elon Musk, awarded themselves massive compensation packages over a three-year period and improperly…
Inside Covid-19: SA ends three month lockdown; Discovery's Adrian Gore; Aspen on "wonder drug" dexamethasone. Ep 48
Episode 48 of Inside Covid-19 is highlighted by the effective ending of South Africa’s lockdown of almost three months. In an address to the nation this evening President Cyril Ramaphosa announced that previously closed business sectors such as sitdown restaurants, hotels, hairdressers, spas and even cinemas and casinos will re-open…
SA to ease restrictions on restaurants, other businesses, sports; Aspen Covid-19 drug; Tongaat Hulett
In today's news headlines: * Although Covid-19 cases are rising sharply, South Africa is set to lift some lockdown restrictions soon to ease the economic burden and curb job losses. This was the announcement by President Cyril Ramaphosa on Wednesday night in his address to the nation; * Dexamethasone, manufactured…
CR reveals next steps to ease restrictions to help SA get back to work, lambasts violent men
President Cyril Ramaphosa has unveiled the next steps to ease Covid-19 restrictions, with the focus on getting South Africa back to work in a way that minimises the spread of the deadly coronavirus - which is rising at an ever-faster pace. He has also criticised the culture of violence towards…
The inside story from Aspen on Covid-19 Dexamethasone: MUST LISTEN
This week, the world woke up to the exciting news that Dexamethasone, a cheap drug in the Aspen stable, dramatically improves the chances of survival for people seriously ill in hospitals with Covid-19. The Aspen share price has jumped up in value on the Johannesburg stock exchange as investors anticipate…
LISTEN! Hawks boss details charges against VBS Mutual Bank heist suspects, including KPMG auditor
The wheels of justice are turning and the rule of law will prevail. With these words National Director of Public Prosecutions, Advocate Shamila Batohi assured the public today that the tide against corruption was turning as the National Head of the Directorate of Priority Crime Investigations, Lieutenant-general Godfrey Lebeya, announced…
ANC-favoured economists Piketty, Stiglitz explain why Wealth Tax best way to tackle inequality, pay Covid-19 bills.
South Africans should start preparing themselves for a Wealth Tax. With a R500bn Covid-19 bill to be met, the idea of raiding wallets of the rich is gathering momentum globally. And given their ideological leanings, South Africa's ruling party's politicians are sure to love solutions proposed by rock star economists…
Good Hope Film - Youth outcomes can be changed in one generation - Anthony Fabian
South Africans were pretty pessimistic about the future of the country before the Covid-19 pandemic, with Chief Executive Officers indicating in a PwC survey that only 14% were very confident about their organisation’s growth prospects in 2020. And then the pandemic hit the world and it appears that the only…
Inside Covid-19: SA Govt-favoured Stiglitz, Piketty on paying for pandemic: tax the wealthy and digital titans. Ep47
In episode 47 of Inside Covid-19 we hear fresh and (if you're rich) some rather frightening ideas from rock star economists Joe Stiglitz and Thomas Piketty on how countries should pay the bill for the war against the pandemic: a blanket 25% levy on multinationals especially tax dodging tech titans;…
Covid-19 cases rise ever faster in SA; R3.3bn blow for Discovery shareholders; Zimbabwe inflation hits 786%
In today's news headlines: * The number of Covid-19 related deaths in South Africa is heading towards 1,600 and, says BizNews contributer Douglas Parker, the growth in the total number of cases, which is heading towards 74,000, shows no sign of slowing; * Discovery shares fell after it said it was…
Covid-19 deaths at 1,500; SA-linked vaccine tops WHO list; hairdressers vs NDZ
In today's news headlines: * Nearly 1,500 people have died of Covid-19 in South Africa and Deputy Minister of Correctional Services Nkosi Phathekile Holomisa has tested positive for Coronavirus, says the government; * A South Africa-linked Covid-19 vaccine, backed by Sygnia, is leading clinical trials; * About 90,000 people active…