After three decades as the DA’s fast friend and a self-described ‘reliable partner’, the FF+ has switched sides in the long-troubled Oudsthoorn local government. The FF+’s three seats were a critical block in a 25-seat council, where the ANC and DA each have seven seats. According to the FF+, former…
In this discussion, Alec Hogg speaks with Mitchell Fieldgate of Pangea Wealth and Luel Culwick of Decentral about the success and future of South Africa's 12B tax incentive, which encourages private sector investment in solar energy to mitigate load shedding. The 12B incentive offers substantial tax deductions—up to 222%—for investments…
With stock markets tanking around the world, including a 12% plunge in Japan today, things are relatively calm on the Johannesburg Stock Exchange. At times like this, a house like Foord Asset Management is a go-to source, given its top priority is “don’t lose money”. Portfolio manager Nancy Hossack explains…
Four months ago, two top lawyers - who had cracked open the Corruption Mafia at Fort Hare University - were arrested by 20 heavily-armed military style police and jetted off to the Eastern Cape. One of them, Sarah Burger, was left in a jail cell for six days without access…
Democratic Alliance (DA) Federal Chair Helen Zille “has a plan with the GNU and the GNU clearly has no counter plan for Helen Zille”. So says Neil De Beer, the President of the United Independent Movement (UIM). In this interview with BizNews, he states that it is “plain and simple”…
In an interview with BizNews, Deputy Minister of Trade, Industry and Competition Andrew Whitfield shared his vision for revitalizing South Africa’s economy and enhancing its relationship with the United States through the African Growth and Opportunity Act (AGOA). Emphasizing the critical need for data-driven policies and robust intergovernmental collaboration, Whitfield…
In South Africa, families with children who have cerebral palsy face significant challenges in providing adequate care, often resorting to carrying them on their backs due to the scarcity of proper mobility aids. The Boikanyo Foundation, founded by Dion Herson, is dedicated to addressing this issue by providing renovated, specialised…
Former Comair and OneTime CEO’s autobiography ‘Crash and Burn’ provides a fascinating insight into a career in South Africa’s highly visible, ever-turbulent airline industry. In the book, a filter-free Orsmond rips the bandaid obscuring truth behind the spectacular collapse of 70-year-old airline Comair - and much more. BizNews editor Alec…
In our regular wrap of the past month’s performance of investment markets, Corion’s David Bacher explains why history may show the past 31 days were a major watershed, with value-driven investments taking over from growth. He unpacks the implications of a Great Rotation, which would help South African equities and…
Vinny Lingham discusses Bitcoin's different futures under Trump vs. Biden, predicting significant impacts on the cryptocurrency's value. He anticipates US interest rate cuts in December, criticizes South Africa's investment climate, and highlights his focus on conscious health and nuclear power as key investment themes, including fish farming with SeaTopia.
Riots broke out in Venezuela following the presidential election on Sunday. BizNews spoke to one of South Africa's election observers there. In this interview, Madala Masuku, the Deputy SG of the South African Communist Party (SACP), gives a detailed explanation of the election system that is both electronic and manual,…
A not-guilty verdict was handed down today for South African Police Services (SAPS) Whistleblower Patricia Morgan-Mashale - after almost two years of threats to her life liberty. This after she had been accused of spreading false allegations, circulating WhatsApp messages, and defamation. In this interview with BizNews, she goes into…
SA’s Government of National Unity faces a major stress test after oil major Total yesterday announced its exit from a highly prospective gas field off the Southern Cape coast. The French multinational and its partners had already invested R8bn in exploring the field, around 10% of the total investment to…
In a fund-raising talk for Rotary in Hermanus last week BizNews editor Alec Hogg answers the pressing questions of the BizNews tribe. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your…
In this interview, OMBA’s Sean Ashton delves deeper into last week’s research report where he unpacked the relative appeal of investing in the traditional S&P500 index and its equally weighted cousin - explaining how it is essentially a call on the timeless debate of Growth vs Value. Ashton uses the…
In a fund-raising talk for Rotary in Hermanus last week, BizNews editor Alec Hogg addressed how local and international investors have reacted to the results of Election’24 and the Government of National Unity. Cutting through the noise, he eschewed popular narratives in favour of hard data that explains a perception…
South Africa has become the new gateway to terror. So says Neil de Beer, the President of the United Independent Movement. He spoke to BizNews after the arrest of 95 Libyan nationals at a suspected secret military training camp and the sanctioning by US authorities of an ISIS operative as…
The African National Congress (ANC) has acted like “they're powerful players on the African stage”, but South Africa “really irritates most” other African countries because “they're always sticking their noses in everywhere”. So says the former Director of African Studies at the U.S. Army War College, retired Colonel Chris Wyatt,…
Kimberly Cheatle - who has resigned as the Director of the Secret Service - following the failed assassination attempt on former President Donald Trump should be charged criminally for negligence, dereliction of duty, and also perjury before Congress. This is the call from Colonel Chris Wyatt, the former Director of…
25 Jul 2024 12PM
19 min
1480 – 1500
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