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Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Inside Covid-19: Iconic Dr William Haseltine's advice for SA; Logic from Actuarial Prof Roseanne Harris. Ep 38
In episode 38 of Inside Covid-19, we meet former Harvard Medical Professor William Haseltine, the HIV/Aids pioneer who has forthright suggestions on the steps SA should take to handle the pandemic; talk coronavirus with the super achieving Wits Prof Roseanne Harris who is about to become president of the International…
SA's Elon Musk gets set to make space history; troubled Tiger Brands to chop jobs; Distell; Rand
In today's news headlines: * South Africa’s most successful global tech entrepreneur Elon Musk - founder of electric car manufacturer Tesla is getting set for another historical step in his business journey. His space exploration firm SpaceX gets set to take US astronauts into orbit this week; * Food producer…
No country should count on a Covid-19 vaccine - former Harvard Medical prof William Haseltine
As South Africa moves to level three of the lockdown, President Cyril Ramaphosa told the nation that the early intervention in the Covid-19 epidemic did help to contain it, but until there is a vaccine available, the virus will continue to spread in the population. Biznews spoke to former Harvard…
CR: Level 3 lockdown from 1 June but hotspots closely monitored; booze allowed, no ciggies; Sasol; Hertz
In today's news headlines: * President Cyril Ramaphosa sets out how Covid-19 lockdown will be managed in the next weeks, with South Africa’s strict lockdown measures set to ease in June; * You'll soon be able to buy booze to drink at home, but cigarettes remain banned and restaurants will…
Level 3 Lockdown from 1 June; limited alcohol sales, no ciggies - President Cyril Ramaphosa
President Cyril Ramaphosa said the country will be moved down to level 3 of the phased lifting of the lockdown on the 1st of June. The President said that the government is concerned about the number of Covid-19 cases in Cape Town and the Western Cape and if the spread…
Covid-19 vaccine hopes and the bitter reality
There have been some promising early trials of various nascent Covid-19 vaccines, and many are hoping for a usable shot by year-end. In reality, however, we are in the very early days yet and promising early-stage trials are no guarantee of success. What’s more, the rollout of any Covid-19 vaccine…
50 minutes with John Steenhuisen - A moment of truth looms for Cyril Ramaphosa: Growth or pandered destruction.
A moment of clarity from John Steenhuisen who describes Covid-19 as the hill, but the economy the mountain. The leader of the Democratic Alliance reckons the real battle is still to come, and that if the president chooses policies promoting economic growth over pandering to the forces of state intervention…
Wits prof Guy Richards on potential Critical Care shortage; and kids back to school
At the beginning of the Covid-19 pandemic in many countries around the world; the worry has always been that countries' health services will be overwhelmed. In Italy and New York in the United States, there was a stage that the hospitals could not cope with the influx of critically ill patients…
Inside Covid-19: Expert insights into tough road ahead for SA; PMB's life-saving ventilators drowning in red tape. Ep 37
In episode 37 of Inside Covid 19, on a day when South Africa’s confirmed infections rose above 19,000, Discovery’s chief actuary Emile Stipp and Prof Guy Richards, a critical care expert from Wits, assess the country’s tough road ahead; we revisit the Maritzburg ventilator-making company and find out its offer…
SA Covid-19 cases nearing 20k, Groote Schuur in crisis, actuaries slam virus data; interest rate cut; Tsogo Sun
In today's news headlines: * Big jump in Covid-19 cases in South Africa, with the Ministry of Health reporting a total number of 19,137 cases and the death toll reaching 369; * GroundUp news agency reports that the number of Covid-19 patients at Groote Schuur Hospital, Cape Town is doubling…
Small Business Institute CE John Dludlu proposes risk adjusted approach to avoid economic catastrophe
The small business sector is widely seen as a life blood of the economy, and it is no different for South Africa. In an interview with Biznews editor-in-chief Alec Hogg, Chief Executive of the Small Business Institute, John Dludlu, laments the fact that when the country was moved from Stage…
Inside Covid-19: Small business says: Treat us like adults; 25% insurance premium rebated; Moderna. Ep 36
In episode 36 of Inside Covid-19, the Small Business Institute expects a major opening of the economy soon; Discovery Insure is rebating 25% of its members’ April premiums; We ask whether coronavirus killed open plan offices?; Donald Trump’s hydroxychloroquine endorsement gets another fan – Elon Musk; top global political risk…
David Shapiro on Steinhoff's Heather Sonn and the drawn out investigation; plus a slow fashion pick up
Heather Sonn, chairperson of Steinhoff shows integrity as she steps down from the board after acknowledging she was unwittingly involved in irregularities two years ago. But the bigger question is why is this investigation taking so long? Biznews founder Alec Hogg dives into the Markus Jooste leftovers with South Africa's…
Covid-19 expected to peak in SA from July, 40k deaths; new China lockdown; Bitcoin; platinum coins; Ninety One
In today's news headlines: * Health minister Zweli Mkhize has moved to quash optimism that the Covid-19 lockdown is going to be fully lifted any time soon. The rate of new coronavirus infections in South Africa has to slow in line with World Health Organisation guidelines first - and his team…
Covid-19 lockdown to level 3 – soon, school in June, SA faces ‘humanitarian crisis’; SA Express
In today's news headlines: * As South Africa enters its 55th day in lock down, government has announced plans to open schools in June, starting with grades 7 and 12; * Health Department Acting Director General Anban Pillay says many parts of the country could move to alert level 3…
Grades 7, 12 back to school 1 June; 1,577 schools vandalised during lockdown - Motshekga
Basic Education Minister Angie Motshekga announced that all schools in the country, including the independent schools in the metropolitan areas will resume from the 1st of June in phases, starting with Grades 7 and 12. Teachers will arrive on the 25th of May and a new school calendar for the…
How the world sees SA: ANC internal politics trumping science, economics. Investors "very worried" - Eurasia Group
London-based Darias Jonker is leading global political risk consultancy Eurasia's director for Africa. In this insightful podcast, Jonker explains why multinationals who have operations in SA and foreign portfolio investors in the country's stocks and bonds are "very worried" at a continuation of the lockdown and the damage it is…
Restaurant sector, currently in ICU on a ventilator, will die if we must wait for Level 1 - Ocean Basket's Grace Harding
Alec Hogg speaks to Chief Executive of Ocean Basket and spokesperson for the Restaurant Collective, Grace Harding, about South Africa's strict lockdown and the enormous strain which it has placed upon the country's restaurant industry. From banks to landlords, Harding discuses the different responses and levels of support the restaurant…
SA taxpayers may have to pay the price of cigarette ban - UCT Prof Corné van Waalbeek
Professor Corné van Walbeek, director of the research unit of the economics of excisable products at the University of Cape Town, has done extensive research on how the ban of cigarettes has affected South Africa. The good news is 16% of smokers have quit, but the bad news is while…
Inside Covid-19: First successful vaccine; DA tackles lockdown "irrationality"; Prof exposes cig "disaster". Ep 35
A bumper edition of Inside Covid-19 with good news as the first human coronavirus vaccine tests deliver promising results while other medical treatments are being uncovered at a rapid clip; DA leader John Steenhuisen explains why SA’s official opposition political party is going to court to stop what it calls…