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Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Rand strengthens; Covid-19 deaths near 800; taxpayers fund King Goodwill pay increase to R72m; Mediclinic
In today's news headlines: * South Africa has reported 50 more Covid-19 related deaths. This brings the total reported number of deaths from Covid-19 to 755, with 567 of these in the Western Cape, says the government; * South Africa’s long-suffering taxpayers will fund Zulu King Goodwill Zwelithini’s lifestyle to…
Inside Covid-19: Assessing the lockdown regulation judgement; Tygerberg braces for new spike. Ep 43
In episode 43 of Inside Covid-19, some practical do’s and don’ts for families whose children are returning to school next week; the High Court judgement forcing Government to recant on many lockdown regulations; we eavesdrop on SA Reserve Bank Governor Lesetja Kganyago talking to a foreign audience; the Cape’s Tygerberg…
Tygerberg Hospital in WC says admissions increase as lockdown eases; but 'coping' - George Muntingh
The Western Cape is starting to limit testing for the coronavirus to people over the age of 55 and for those with risk factors. It was adopted due to a backlog and shortage in test kits. The province has nearly two-thirds of the coronavirus cases in the country. The assistant…
Expert insights on bank stocks that should thrive after Covid-19: Kokkie Kooyman
Kokkie Kooyman has unparalleled expertise on the world's bank stocks. The Denker Capital financial services fund manager, who follows about 300 banks around the world, has seen his own fund's recent performance dip as Covid-19 sends shock waves across the global economy. But, as he notes in his 30 April…
Embracing generosity in adversity
No man is an island, and realizing this when facing the challenges life throws at us is an essential survival skill. Here Chris Bateman, Biznews contributor and news curator, talks about his experience of Ubuntu in dealing with his esophageal cancer diagnosis and treatment.
SARB Governor Lesetja Kganyago pours cold water on appeals for more QE
The Governor of the South African Reserve Bank Lesetja Kganyago has commented on pressure from within the country that the Reserve Bank should do more to bring relief during the Covid-19 pandemic. He said emerging markets like South Africa have limited ability for quantitive easing. Speaking to an online event…
Court declares SA Covid-19 lockdown regulations 'invalid'; Nedbank, RMB named in forex scandal; Hammerson; Sasol
In today's news headlines: * A South African court has ruled that lockdown regulations implemented by the government are invalid. This was announced late on Tuesday by Phumla Williams, a spokeswoman for the cabinet; * Nedbank Group, FirstRand’s Rand Merchant Bank and Standard Bank Group’s Standard Americas have been added…
Inside Covid-19: Back to schools advice for families; Transparency please on SA mortality projections. Ep 42
In episode 42 of Inside Covid-19, with schools set to re-open on Monday, there’s professional advice on how families can minimize virus-related risks this will introduce; actuarial body PANDA wants Government’s official coronavirus mortality modellers to share their assumptions after their projections have proved consistently inflated; we share the intensely…
PANDA's Nick Hudson: "Breathtaking failure" by scaremongering Covid-19 modellers - SA deaths to peak this month
Official modelling of South Africa's projected mortalities from Covid-19, which started at 375 000, was last week dropped to 40 000. But even that is a huge exaggeration says Nick Hudson co-ordinator of the group of actuaries who collaborate under the PANDA umbrella. In this fascinating podcast Hudson explains why…
Pilots: Corrupt Dudu Myeni trashed SAA, now there's evidence to put her in jail
Dudu Myeni is a household name in South Africa for playing a conspicuously corrupt and instrumental role in damaging South African Airways’ (SAA) prospects of being a profitable entity. Her actions have cost South African taxpayers billions of rands in bail-outs over the past decade, with another R2bn scheduled to…
Navigating cancer - with all its gifts and challenges
In this first of four podcasts, Biznews writer and news curator, healthcare journalist Chris Bateman, shares his recently-begun cancer survivor’s journey as his contribution to destigmatizing the disease, giving us an intimate insight into the challenges and gifts it offers. The series was first published by HASA.
David Shapiro: Cheer up! Stock prices are surprisingly good - and not just Sasol
Stock market indices do not necessarily reflect the present state of the finances of businesses in the economies underlying stock exchange baskets. Company share prices can be forward-looking, or they can be unfairly valued. In this podcast, BizNews editor-in-chief Alec Hogg and stock-market analyst David Shapiro bring home the message…
Inside Covid-19: Why we need a testing pivot; Singing Gauteng GPs send message of hope. Ep 41
In episode 41 of Inside Covid-19, we take a look at why South Africa’s testing regime is changing to take account of recent learnings; we hear the voices of 30 Gauteng doctors sending an unusual message of hope to South Africa; there’s an analysis of why people in sunnier climates…
Stellenbosch start-up wants maggots to fuel your next sports drink - Dr Michael Woods
It is estimated that the world would have to feed around 9 billion people by the year 2050. Added to the problem is the issue that animal protein is not being produced in a sustainable way as it is contributing to greenhouse gases. It has prompted scientists to look towards…
Another govt bailout to fuel SAA; Covid-19 schools bungle apology; Sasol; CR congratulates Musk for SpaceX success
In today's news headlines: * SA taxpayers are to stump up billions of rands to fuel the draft rescue plan for South African Airways; * Department of Basic Education Minister Angie Motshekga has apologised for delaying her address to the public, as well as her late postponement of the return…
Rational Radio: SAA uncut, snubbing God of Economics and local banking insights.
Biznews founder Alec Hogg hosts the weekly Rational Radio podcast hour, which is now recorded as a webcast to allow interactive engagement with Biznews Premium members. SA's favourite market watcher David Shapiro joined as the regular guest. The other guests June 1 included: * Denker Capital's Kokkie Kooyman, SA's leading…
Schools were not ready to safely start phased reopening - Minister Angie Motshekga
The Minister of Basic Education, Angie Motshekga apologised this morning for the last minute decision to delay the phased opening of schools until the 8th of June. Motshekga says the decision was based on reports she received this weekend, visits to some schools and a series of consultations with unions,…
SA's proud moment in space history: Musk's SpaceX docks; DA exposes ANC plan to grab your savings to fund Covid-19
In today's news headlines: * South African Elon Musk’s dream to develop commercial space travel became reality when his company SpaceX successfully docked a commercial capsule at the International Space Station on Sunday; * As South Africa moves to level 3 of Covid-19 containment, President Cyril Ramaphosa highlighted how the…
To offshore or not to offshore – the rally is the question
With the rand tanking and local asset prices in the doldrums, many South Africans are looking offshore for investment opportunities. The recent rally in global stock prices – particularly in the US – has made offshore investing even more attractive. But before South Africans cash out and go all-in on…
SA/NASA partnership for space exploration to Mars, moon and beyond from Matjiesfontein
The South African National Space Agency (SANSA) has entered into a partnership with the US National Aeronautics and Space Administration (NASA) to host a Deep Space Ground Station. The station, based in Matjiesfontein in the Western Cape, will support deep space human flight missions to the Moon, Mars and beyond…