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16
SEP
9am

Flash Briefing: SAA needs modern fleet to be competitive; Pepkor on refurb spree after July riots; upcoming elections

News headlines:
*South African Airways will need a more modern fleet to be competitive on routes outside its home continent following the Covid-19 crisis, according to interim Chief Executive Officer Thomas Kgokolo.
*Pepkor Holdings Ltd. is rapidly reopening stores after violent unrest in South Africa in July caused as much as R1.3bn damage to about 550 shops, or 10% of its total.
*Cooperative Governance Minister Nkosazana Dlamini-Zuma says the Democratic Alliance is trying to breach the separation of powers by asking the Constitutional Court to take over the responsibilities of the Independent Electoral Commission.
16
SEP
9am

'When communists are around there is never a bargain' - Piet Viljoen on China

Counterpoint value fund manager Piet Viljoen joins BizNews founder Alec Hogg as Thursday's Power Hour co-host, with the veteran money manager ringing the alarm bells about investing in China. Evergrande, one of the largest property developers in China, is facing a liquidity crunch that could potentially cause financial contagion in the world's second largest economy. Viljoen also talks about his exposure to cryptocurrencies, which he sees as a growing asset class in the years to come. Lastly, the topic of environmental, social and governance (ESG) is chatted about at length, with Viljoen outlining the difficulties in measuring the metric given its qualitative nature.
16
SEP
9am

Standard Bank's Shyft digital wallet offers unique share trading experience

Co-founder and head of Shyft at Standard Bank, Arno von Helden, joined Alec Hogg to discuss the various benefits of the bank's digital wallet offering. The app, which enables you to buy or exchange forex, shop online securely, and make payments across the globe, now also includes a share trading feature. According to Von Helden, what makes Shyft unique is that it lists stocks that South Africans are really interested in, and not necessarily the top stocks. "We haven't had too many complaints about our offering so far. I think we've really looked at covering the vast majority of where we see customers going," he says. "We are trying to create an offering that suits those customers' needs and gives people options and different things. We've got a very flexible system, we've got a very scalable system, and we really want to give customers what they want in terms of instrument selection."
16
SEP
5am

You have a better chance getting Covid in Cornwall than Cape Town – SATSA’s CEO David Frost tells UK government

The United Kingdom is set to review their 'red list' of countries, which South Africa has been on since December last year - and there is optimism that the gates could be opened soon. Minister of International Relations, Naledi Pandor has lobbied British cabinet ministers and Business Leadership South Africa has sent a letter to Prime Minster Boris Johnson telling him that it was inconceivable that the situation should persist past the summer season and Christmas holiday. SATSA CEO, David Frost told BizNews that they wanted to bring home the message that you have a better chance of getting Covid-19 in Cornwall than in Cape Town. Frost looked at the future of tourism in South Africa and said that the tourism industry should repackage itself as an adventure destination to lure in a younger crowd.
15
SEP
9am

Flash Briefing: HIV epidemic threatens SA Covid recovery; Emigration 'red flag'; SA fights to get off UK 'red list'

News headlines:
*The world’s biggest number of HIV cases is complicating South Africa’s efforts to fight the coronavirus pandemic, raising the risk of more mutated versions emerging and spreading across the globe.
*South Africa and a host of other countries could soon be taken off the UK’s travel ‘red list’, according to The Telegraph and UK Independent.
*South Africa’s tax base is steadily declining as more of the country’s skilled professionals look overseas for greener pastures, says Izak Smit, chief executive of the Professional Provident Society.
15
SEP
7am

Everyone would love to have Amazon in their backyard - CT mayor Dan Plato

Earlier in the year, it was reported that Amazon would be setting up shop in the Mother City. Serving as their African headquarters, the Seattle-based multinational would be based at a proposed development at the River Club, Observatory. The redevelopment of the land will create much-needed work in Cape Town, with over 5,000 direct jobs created. However, a number of environmental and heritage groups have opposed the idea. Cape Town mayor Dan Plato told BizNews founder Alec Hogg that Amazon's announcement to establish their African headquarters in Cape Town is something no one can want to say no to. Plato also touches on objections to the project and semigration from other parts of the country to Cape Town.
15
SEP
6am

'Vaccine deaths are being hidden, suppressed and falsely recorded' - Dr Herman Edeling

In August, Dr Herman Edeling wrote an open letter to President Cyril Ramaphosa and the Minister of Health in which he addressed the health and economic crises that we are facing as a result of the Covid-19 pandemic. As a neurosurgeon specialising in medico-legal practice, Dr Edeling is particularly qualified to comment on issues and concerns in respect of the Covid-19 vaccines as well as the arbitrary and parochial manner in which the South African government and health authorities have addressed the pandemic. Drawing on his expertise in medico-legal practice, Dr Edeling states that; ‘ In this global catastrophe, we have people expressing opinions and instructions - relying on their authority to do so, but not relying on reasons. And by not relying on reasons, they are neither relying on facts, nor on science, nor on logic. That is the philosophical crisis that we are in.’ In a fascinating and acutely informative interview with Dr Edeling, elements of the official Covid-19 narrative were discussed - a global narrative put forth by, amongst other institutions, the World Health Organisation and the US’ Centers for Disease Control and Prevention, which he believes ‘the South African government has slavishly followed without, it seems, any questioning.’ The central core of the open letter, he says, is to say to the President; please provide South Africans - citizens, doctors, scientists, everybody - with the truth and allow people to discuss the truth and debate, and ‘also to stop suppressing people who try to tell the truth - but who are suppressed or censored.’ Less than 24 hours after the interview was live streamed on youTube, it was removed on the grounds of ‘medical misinformation’ and as a consequence, BizNews has been prohibited from uploading any content on YouTube for one week. A video of the interview can now be viewed on Vimeo.

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