BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
BNC#6: Steenhuisen Q&A - A DA/ANC coalition; MPC post election and more
At the BizNews Conference in Hermanus, Democratic Alliance leader John Steenhuisen responded to some pointed questions from the audience, 500 of whom were in attendance. Delegates pressed him on the prospect of a post-election coalition between his party and the ruling ANC; the potential influence of Russia in the vote…
Smart investors will love Fortress Fund’s deep discount, tight focus, high net yield
Local money managers are spoilt for choice in JSE-listed stocks with the ‘SA doom and gloom’ narrative and uncertainty about the pending National Election pushing prices to bargain basement levels. Among the most appealing is Fortress Fund, delivering a near 8% after-tax yield following its conversion from a REIT after…
BNC#6: Entrepreneurial giant Christo Wiese urges perspective, rationality
In his keynote address to the BizNews Conference, leading South African entrepreneur Christo Wiese drew on the famous statement made almost a century back by then Prime Minister Jan Smuts who described SA as a country where things are never as good as they should be, but never as bad…
BNC#6: RW Johnson - SA voters maturing; jobs, electricity, water now matter most
At last week’s BizNews Conference, political scientist RW Johnson explained why, for South African voters, facts are finally trumping feelings. Drawing on developments post-1994, especially within the African National Congress, the long-time Oxford Don argued the country has now reached a point where its politics has become ‘secular’ - the…
MK-EFF “reverse take-over” of the ANC possible…
A “reverse take-over” of the ruling African National Congress (ANC) by former President Jacob Zuma’s increasingly popular MK party and the Economic Freedom Fighters (EFF) is “emerging as a possibility”. So says Ray Hartley, the Research Director of The Brenthurst Foundation. He speaks to BizNews following the release of the…
BNC#6: Steenhuisen - Why Election'24 SA's chance to break 30-year political deadlock
Alec Hogg and John Steenhuisen had a riveting interview after the DA leader's hard-hitting keynote speech at BNC#6, delving into South Africa's upcoming election chaos. The pair discussed the potential for socialist dominance, ANC discord, and the critical role of voter turnout. With global parallels and looming financial implications, this…
"Vote like your life depends on it" to avoid "ANC, EFF, MK Doomsday Coalition": Steenhuisen at BNC#6
John Steenhuisen, leader of the Democratic Alliance (DA) and the opening keynote speaker at BNC#6, delivered a very simple message to delegates and attendees. It's the Multi-party Charter (MPC) versus the "Doomsday Coalition" of the ANC, EFF and MK party in South Africa's 2024 election. Steenhuisen highlighted the great work…
Tainted politicians on ANC candidate list: Business as usual - Dr Piet Croukamp
The African National Congress (ANC) reacted with anger when their candidate list for the May elections leaked due to what the Independent Electoral Commission (IEC) called an “internal glitch.” An ongoing investigation by the IEC aims to determine how this leak occurred. President Cyril Ramaphosa expressed his concern, stating that…
Only whistleblowers can save SA from corruption…
That is the belief of Mzukisi Makatse, the attorney who first blew the whistle on corruption at the National Lotteries Commission - and lost his job, his car, his house, the hope of marrying the mother of his three children…In this interview with BizNews, he describes how his life imploded…
SA’s specialist independent stock exchange EESE rebrands to I-Ex, going strong six years on
Independent stock exchange Equity Express, which recently expanded to include bonds and debt notes, has rebranded to I-Ex - The Integrated Exchange - to better reflect its offerings. This interview with founder Anthony Wilmot explores how the independent stock markets have impacted the JSE, formerly a monopoly, and looks at…
SA Navy risks becoming “water wing”, leaving 3000 km coastline exposed
Vice-Admiral Mondo Lubese, the head of South Africa’s Navy, recently threatened to sever ties with the arms manufacturer due to its failure to repair the Navy’s vessels. In an interview with Biznews, DA Shadow Minister of Defense, Kobus Marais, called it a bold statement by the Navy chief and expressed…
Chuck Stephens: Sleeping with a loaded gun…
Activist and author Chuck Stephens of the Desmond Tutu Centre for Leadership sleeps with a loaded gun as he endures years of vengeful persecution since he blew the whistle on corruption in 2011. In this interview with BizNews, he describes what happened after he reported “nefarious activity” in the Community…
From South Africa to the Moon: Control Systems crafted by Stellenbosch’s CubeSpace
CubeSpace, a company that originated from Stellenbosch, has recently secured R47 million in venture capital funding to broaden its operations globally. The South Africa University Technology Fund is among its investors. Mike-Alec Kearney, the founder and CEO of CubeSpace, told Biznews in an interview that their products are endorsed by…
Govt inaction on Treasury’s Eskom report risks Stage 10 load-shedding - IRR’s Endres
Those who have studied it say conclusions reached in National Treasury’s 600+ page forensic investigation into Eskom are deeply worrying. Including the immediate threat of an even more desperate electricity shortage should a couple of already dysfunctional water treatment plants tip over the edge. The IRR’s chief executive John Endres…
Mashaba says pundits have Election’24 badly wrong; predicts ActionSA urban AND rural surge; DA to lose W Cape majority
ActionSA leader Herman Mashaba says on-the-ground feedback reflects a very different Election’24 picture to one propagated by incumbents and the media. He points to ActionSA’s double digit vote shares in rural by-elections complementing its widely acknowledged strong position in urban areas, especially Soweto where he reckons the party dominates. Mashaba…
CR has no “long game”; the only game is the ANC…
President Cyril Ramaphosa has no “long game” to deal with corruption. The only game is the African National Congress (ANC) held together by corruption - and run like a syndicate. So says Democratic Alliance’s Shadow Minister of Small Business Development, Jan de Villiers. He speaks to BizNews after the president…
Corion’s Bacher on Feb: World booms but SA falls - same old, same old
Investors who’ve bought a “local is lekker” marketing message by SA asset managers will grind their teeth a little harder after another huge underperformance by the JSE in February. In our weekly review of the past month, Corion’s David Bacher unpacks the key numbers and shares why international stock markets…
Beware Cele! Ian Cameron is heading to Parliament
Hero crime fighter Ian Cameron is entering politics. In this interview with BizNews, he speaks about his motivation for joining the Democratic Alliance (DA) and heading to Parliament. He also gives the assurance that he will remain involved in the civil rights work he has done for the past 15…
De Beer: On the MPC, RET, ANC & the IEC’s “earth-shattering bomb” on smaller parties…
The Multi-Party Charter (MPC), the Radical Economic Transformation (RET) factions and the African National Congress (ANC) are the three “slides” in the election show of 2024. That is according to Neil de Beer of the United Independent Movement (UIM) - a party in the Multi-Party Charter (MPC). In this interview…
MK party: Spear of Kremlin; Ramaphosa-Putin pact - André Pienaar
André Pienaar is a venture capitalist, CEO, and founder of C5 Capital, a firm with a diverse portfolio spanning the cybersecurity, space, and nuclear power industries. He is also one of the co-founders of the Scorpions, which, according to Pienaar, was one of the most successful law enforcement units. However,…