BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
BN Edge | Prince Mashele on Mashaba, Zille and the deal that could decide Joburg
With five days to go before the local government elections, Prince Mashele told Alec Hogg what a good night and a catastrophe would look like for the ANC, and why he expected neither. He was blunt about Herman Mashaba, whose biography he wrote, and set out the offer he believed…
BizNews Ricardo Portfolio: Alec Hogg on Big Tech's AI spending race and the JSE's cash handback
Alphabet and Amazon both reported faster growth this week, and Wall Street still wiped roughly half a trillion dollars off Google's parent in a single session, its worst day since listing in 2004. In this Ricardo portfolio update, Alec Hogg explained what had really spooked investors: a cash machine that…
BN Edge | SA is living through a regime change: Dr Frans Cronje explains
South Africans had lost faith in the old order, Frans Cronje told Alec Hogg, but had not yet found a new one to trust, and Wednesday's vote would not close that gap. The SRF chairman set out the one deal he believed could hold the country together, why he thought…
BN Daybreak: Van Onselen on Joburg; Moeng on Chauke; JSE's 10% risk; Alphabet plunges
Victory Research CEO Gareth van Onselen tells Alec Hogg that no poll gives the DA a majority in Johannesburg, but it should be the largest party - and the closer it gets to 40%, the harder it is to justify shutting it out of coalition talks. Solly Moeng says everything…
Solly Moeng on Ramaphosa, his shadowy advisers and a fading legacy
In their weekly chat Chris Steyn and political commentator Solly Moeng dissect President Cyril Ramaphosa’s tough week on several fronts: The Madlanga Commission of Inquiry is seeking answers from his very influential former adviser, Dr Bejani Chauke, particularly in relation to WhatsApp chats with a notorious late taxi boss; his…
Gareth van Onselen on the metro races that could redraw SA politics
Six days before the vote, four serious pollsters could not agree on who was winning Johannesburg. Gareth van Onselen, whose Victory Research polls have drawn fire from the ANC and ActionSA alike, told Alec Hogg why the metro numbers diverged, why turnout could swing a party by up to five…
Donald MacKay: Find the JSE guilty - or not - and move on
In this interview with Chris Steyn, Donald MacKay, the CEO of XA Global Trade Advisors, describes how anti-competitive behaviour is rewarded when investigations drag on. He was speaking out amid a long wait to find out whether the Johannesburg Stock Exchange (JSE) will be hit with a penalty of ten…
BN Daybreak: Joburg's make-or-break vote, WSM on a disillusioned electorate, Africa's new drug pact
Cy Jacobs has lived in Johannesburg all his life, and he told Alec Hogg he feared the city was close to the point of no return. The 36ONE co-founder explained why he had stepped into the election, why he believed Helen Zille had earned the city's thanks, and why another…
BN Edge | Musk's empire, passive money and Joburg's future: with Cy Jacobs
In June, Cy Jacobs predicted SpaceX would one day buy Tesla. Now that the boards are looking at it, he explained why he still wouldn't buy either, and how passive money may be doing more to hold up Elon Musk's valuations than profits. Then he turned to the city he…
William Saunderson-Meyer: what voters want and what parties will do | Jaundiced Eye
Asked for the ANC's best-case scenario, William Saunderson-Meyer couldn't find one, only least-worst options for a party he said may be in terminal decline. A week before the local government elections, the Jaundiced Eye columnist told Alec Hogg why the neatest deal on paper, an ANC-DA partnership that most voters…
BN Daybreak: Els on Matlala's statement; Transnet and Eskom turning; Summers defends the numbers
Security analyst Willem Els tells Chris Steyn that the collapsed plea deal behind Cat Matlala's unsigned 25-page statement, which throws former deputy national commissioner Shadrack Sibiya and former police minister Bheki Cele under the bus, hands investigators a money trail even if it can no longer be used in evidence…
Mchunu’s R2,7m legal bill, CR’s inaction, Sibiya’s secrets & Zuma’s spies v/s the EFF…
In this interview with Chris Steyn, Willem Els of the Security Initiative for Africa (SIA), comments on the R2,7-million legal bill racked up by special leave Police Minister Senzo Mchunu and President Cyril Ramaphosa’s continued failure to sack him. “He was supposed to be the saviour of the ANC and…
BN Daybreak: Summers on a stretched consumer; Joburg whistleblower; Africa's moon shot; Wall St
Pick n Pay CEO Sean Summers tells Alec Hogg the consumer is stretched by fuel, electricity and rent, and defends pushing break-even to 2029: you cannot wish for profit first and sales second. He has closed almost 200 stores in three years while the main rival opened 800. City Power…
BN Edge | CEO Sean Summers: Pick n Pay's long road back from the brink
Three years ago, Sean Summers said, the talk at South African braais was whether Pick n Pay would survive at all. On results day, with the supermarket business still losing R516 million in six months and break-even pushed out to 2029, he told Alec Hogg why he wasn't in a…
Joburg whistleblower: Looters should be charged with terrorism
In this interview with Chris Steyn, City of Johannesburg whistleblower Stephanus Fourie warns that a new administration will not be able to root out entrenched mismanagement and corruption without drastic action. “Unless you catch the criminals and you lock them up and you take back everything that they've taken from…
Africa’s first Moon mission is South African-led, and local expertise slashed the cost
For more than 13 years, Dr Carla Mitchell has chased a dream she once believed belonged to Americans and NASA. Now she is leading Africa’s first space exploration mission to the moon in 2029. Africa2Moon will ride on China’s Chang’e 8 lander and deploy three 30 centimetre antennas, fondly known…
BN Daybreak: Sussman's unprecedented poll; mini-budget growth gap; Mpolase on cartel rule; Lesaka
Analyst Wayne Sussman tells Chris Steyn something unprecedented has happened: across all six metros polled by eNCA MarkData, the ANC has not come out on top once, with Tshwane putting the DA just under 34% against the ANC's 25%. Finance Minister Enoch Godongwana tells Alec Hogg his target is 3%…
NdB Sunday Show | Mzo Mpolase: How low can SA go?
In today's NdB Sunday Show with Chris Steyn, Political Analyst Mzo Mpolase slams President Cyril Ramaphosa's latest utterance on the looming loss of AGOA. "You're running a country here, you're not running some ANC ideological office. This is the fate of the economy, the fate of many jobs, which you…
BN Edge | Mini-budget unpacked, with Finance Minister Enoch Godongwana
Two days after telling Parliament that South Africa had emerged from the fiscal wilderness, Finance Minister Enoch Godongwana gave up part of his weekend to explain what that did and didn't mean. He conceded the tax burden had reached levels no finance minister should be comfortable with, and that growth…
Wayne Sussman: ANC set to lose 500 councillors in KZN alone… | The Electoral Roadshow
In the latest Electoral Road Show with Chris Steyn and analyst Wayne Sussman, he shares the eNCA-MarkData Local Government Elections Survey results for eThekwini and Tshwane. It shows that former President Jacob Zuma's MKP is polling at 48% and heading for an outright majority in eThekwini with the ANC way…