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01
MAR
8am

Turning the lights on in Africa - Mike Heyink, CEO of Cape Town start-up, Yellow

Doing business in the countries north of our borders can sometimes be challenging. Unstable politics, a lack of infrastructure, skilled workers, and a low-income consumer base being just a few. These are some of the challenges that Cape Town online energy start-up platform faced when they tried to enter the solar energy market in rural Malawi. There was clearly a huge problem to be solved with just more than 10% of the population with access to electricity and households earning only $2 -3 dollar a day. But after initial hiccups, with a local partner they have grown their customer base to 50 000 people, set up a network of agents, attracted grant funding and a subsequent Series A equity investment of U$3.3 million. Now, they are eyeing expansion into other African countries. The CEO and Founder of Yellow, Mike Heyink told BizNews that there are upsides into tapping into Africa’s young and growing populations and enabling entrepreneurs to flourish.
28
FEB
1pm

CR kickstarts economy: Most Covid restrictions lifted immediately as SA moves to lockdown level 1

With the rate of Covid-19 infections plummeting, President Cyril Ramaphosa has announced the lifting of restrictions from level 3 to level 1. Gatherings of up to 100 will now be allowed indoors, alcohol sales are permitted - except in the early hours of the morning. Masks will remain compulsory as the government rolls out vaccines. SA is ratcheting up mass vaccination, with more than 67,000 healthcare workers receiving a jab in the past 10 days and 80,000 J&J vaccines arriving at the weekend. #Covid #vaccinations #restrictions #SouthAfrica #economy
CR kickstarts economy: Most Covid restrictions lifted immediately as SA moves to lockdown level 1
28
FEB
8am

Flash Briefing: Govt publishes Reg 28 rules to tap pension funds; Eskom R2bn 'ghost contract' scandal; Smith; Buffett

* The National Treasury has published draft amendments to Regulation 28 9of the Pensions Fund Act to encourage investment in infrastructure.
* Public sector unions insist they will accept nothing less than above-inflation salary increases when they enter a fresh round of wage negotiations with the government on Monday, reports the Sunday Times.
* Over R2 billion was stolen from Eskom through a network of ghost service suppliers and well-placed officials, according to City Press.
* Former ANC MP Vincent Smith, who has been arrested in connection with corruption and state capture at Bosasa and the department of correctional services, will see his and his family's assets frozen after the Investigating Directorate obtained a court order, reports the Sowetan.
* The company’s purchase of $9 billion of shares in the fourth quarter matched a record set in the previous three-month period, Buffett said Saturday in his annual letter to investors, reports Bloomberg.
28
FEB
7am

Hylton Kallner on Discovery results, Discovery Bank, Vitality, Ping An; shared-value delivers growth - CEO insights

Discovery is held in the BizNews share portfolio. Last week, the group reported on its results for the second half of 2020, with headline earnings per share decreasing by 10%. The share price fell a little and was trading at around R141 by the end of the week. Joining Jackie Cameron of BizNews to pick up on the highlights and how Discovery has benefited from investments in the UK and China and its shared value model is Hylton Kallner, CEO of Discovery Bank and chair of the Discovery South Africa Exco.
28
FEB
3am

Sexual misconduct in the workplace: Eusebius McKaiser on how companies are failing to protect employees

In this podcast, BizNews investigator Ané Steytler chats to Eusebius McKaiser about workplace rape culture and how companies do not do enough to protect employees that fall victim to sexual misconduct. With degrees in Law and Philosophy, Eusebius shares his views on how companies fail to take sexual misconduct seriously and how companies can improve on protecting their employees and staying true to company values.
27
FEB
4am

It could take at least 10 years for SA to get back to investment grade - chief economist

Kevin Lings, Chief Economist at Stanlib, a Johannesburg-based asset manager, spoke to Jackie Cameron of BizNews about the budget presented in Parliament this week. He notes that the the South African economy is expected to have contracted by around 7.2% in 2020, its worst annual performance since at least 1960. Closing the gap between South Africa’s current trend growth rate, and a modest target of 3% on a sustained basis is going to require a significantly larger implementation effort than is currently evident. All South Africa’s international credit ratings are now below investment grade. The key driver behind the rating downgrades was the further expected weakening in South Africa's fiscal strength over the medium term. While South Africa is not the only country to have been severely affected by the crisis, its capacity to mitigate the shock over the medium term is regarded as lower than that of many sovereigns given significant fiscal, economic and social constraints and rising borrowing costs, he says.
* This podcast is made just for you by BrightRock, the first-ever needs matched life insurance that changes as your life changes.
26
FEB
10am

Inside Covid-19: Ivermectin may reduce infection time, Covid spread slows as vaccines take off

In this episode of Inside Covid-19, we hear from Professor Eli Schwarz. Professor Schwarz is an Israeli tropical disease expert, who says he has new proof that a drug used to fight parasites in third world countries, could help reduce the length of infection for people who contract the coronavirus. Professor Schwartz, founder of the Centre for Travel Medicine and Tropical disease, has completed a clinical trial of the FDA-approved ivermectin. We hear from our partners at Bloomberg, about how the spread of Covid-19 appears to be slowing as vaccine rollout ramps up around the world Also in the show, we hear from Discovery’s Head of Legal Services, Harry Joffe, about how Covid-19 is changing attitudes to wills and life cover. He tells us about an estate preserver that has been launched to cover the costs associated with dying, including the expenses of setting up trusts to safeguard and manage finances for beneficiaries.
26
FEB
2am

The state of security and future of predictive identity

The Covid-19 Pandemic has drastically changed the face of IT work environments and so security must evolve. However this should be balanced with the need to reduce workload that compliance places on line of business. Listen to this webinar to learn more about Altron Security's offerings and how they, as Identity Security leaders use AI to make predictive identity a business reality.
25
FEB
1pm

Flash Briefing: 4,000 South Africans get Covid AGAIN; SAA wants another R3.5bn; SABC tax revolt; Liberty; Sasol

* About 4,000 cases of re-infection with Covid-19 have been found in South Africa, Barry Schoub, the chair of the country’s Ministerial Advisory Committee on Vaccines, said.
* Administrators for South African Airways have asked for another R3.5bn in taxpayer funds but no money has been set aside.
* The SABC is facing an uphill battle to increase TV licence compliance rates, as it faces a tax revolt against corruption and mismanagement at the state broadcaster, reports MyBroadband.co.za.
* Liberty Holdings expects to report a loss for the year ended in December after the Covid-19 pandemic hammered its insurance operations in South Africa.
* Norway’s $1.3trn wealth fund blacklisted 15 companies for ethical misconduct – including AngloAmerican, Sasol, Glencore.

2712 episodes

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