BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
WEF, Davos 2023: Old Mutual Iain Williamson on what to expect
With the World Economic Forum set to commence in Davos, Switzerland on Monday, 16 January, Bronwyn Nielsen checks in with Iain Williamson, CEO of Old Mutual, to discuss the expectations for South Africa and Africa from Davos, 2023. In focus: energy. Learn more about your ad choices. Visit megaphone.fm/adchoices
Karoo Gas Debate: Regulator supports Hersov - updated model concludes there's huge resources so “let’s get drilling”
SA’s energy resources regulator Dr Phindile Masangane says the Petrloeum Agency SA will soon be sharing its updated models of the Karoo Shale Gas reserves with the scientific community - and is storngly recommending a drilling programme to confirm the exciting findings. PASA’s model puts the SA’s shale gas reserves…
Fracking expert attacks Hersov’s “hype” and industry “myth” - probably no exploitable shale gas in Karoo
Graaff-Reinet attorney Derek Light, who has been intimately involved in the Karoo Shale Gas saga since 2009, dispels what he refers to as “myths” that Rob Hersov is so excited about. Light reckons popular assumptions around the size and value of the alleged gas deposits in central South Africa are…
Corion's review of 2022 for SA investors - Local was lekker and a big shout out for Fairtree, PSG
Good rankings across the board in 2022's performance tables by Fairtree and PSG illustrates once more how money managers are not all equal. In this review of the year that's just past, Corion's David Bacher explains how these two houses were able to buck what for most investors was one…
RW Johnson's message of hope: As end of catastrophic ANC era draws nearer, far better awaits South Africa
A comment under an RW Johnson contribution to BizNews describes South Africa's former Oxford Don as "the most astute political analyst we have". Johnson's level-headed, rational assessment of SA politics is evident in this fascinating discussion on two of his articles recently published on the website - the first on…
Gwede's unlikely ally: Rob Hersov says power-starved SA must go big on gas, tell greenies to 'stuff off'
Rob Hersov has a habit of saying the unfashionable truths that others lack the courage to voice. He did so at BNC#2 and again at BNC#4 when calling out timid South African business leaders, unleashing a torrent after addressing politically-correct. Hersov has started the new year in a similar vein,…
How to fix South Africa and our broken economy - Frans Rautenbach author of Help Yourself South Africa
As South Africans are increasingly faced with loadshedding, potholes and the deterioration of so many services; the penny has dropped that it is no use waiting for the government to fix it. In his New Year’s message, Gift of the Givers, Dr Imtiaz Sooliman said he believed that fixing the…
Study finds first direct evidence connecting depression with low serotonin – study co-author Dr David Erritzoe provides novel insights
2022 was a decidedly volatile year in the field of psychiatry. In July, a study led by Dr Joanna Moncrieff found that there was no convincing evidence that depression is connected with low serotonin, let alone caused by it. In November, while the psychiatric profession and, perhaps more significantly, the…
Cautiously more optimistic about SA, but structural problems remain – S&P Global’s Nezo Sobekwa
The local currency, banking stocks and local sovereign bonds gained after the re-election of President Cyril Ramaphosa was confirmed. The outlook for South Africa, says Nezo Sobekwa, African risk analyst at S& P Global Market Intelligence, is “cautiously optimistic”, but he did not foresee that things were going to turn…
Phala Phala will slowly, but surely wither away – Prof Theo Venter
President Cyril Ramaphosa has emerged from the African National Congress’ 55th conference more confident and he has managed to tighten his grip on power. Instead of hostile members of the RET faction, that were hampering his drive to clean up corruption, the majority of members in the Top 7 of…
President Ramaphosa’s re-election brings continuity, stability, policy certainty - Mteto Nyati
The ruling ANC has elected its top 7 officials, with President Cyril Ramaphosa being given the top position again with a bigger margin than he had achieved in 2017. His appointment has been welcomed by financial markets with the local currency strengthening against the dollar, pound and euro. Mteto Nyati,…
Linebooker, SA’s Uber for freight, beats stress test after month-on-month growth accelerates to 20%
With 17 000 trucks now on its platform, Linebooker’s momentum continued to accelerate helped by its system’s smooth management during SA’s peak freight moving quarter. CEO and co-founder Naude Rademan explains to Alec Hogg of BizNews that month-on-month growth accelerating from 10% to 20%, the “Uber for trucks” has proved…
President Ramaphosa doesn’t have excuses any more – Wits School of Governance's TK Pooe
President Cyril Ramaphosa managed to secure a second term as President of the ANC beating his rival Zweli Mkhize with 579 votes. His slate did however not have a complete victory. The position of deputy-president went to Paul Mashatile. A Ramaphosa ally, Gwede Mantashe was re-election as chair of the ANC, while…
Nailbiting race between Ramaphosa and Mkhize for ANC top spot - Richard Calland
Two nominees have emerged for the top position of President of the ANC at Nasrec in Johannesburg where the party is electing its new leaders. They are President Cyril Ramaphosa and Zweli Mkhize. After a delay in balloting as the party struggled to complete the registration of more than 4,500…
The elephant in the room at ANC55 is the real possibility of losing power in 2024 – Dr Piet Croucamp
Linda van Tilburg interviewed political analyst Dr Piet Croucamp about his take on the 55th ANC elective conference and reports on an interesting angle: the party is so divided and perceived as so untrustworthy by many South Africans that it may be lucky even to garner 50% of the votes…
International Community wants to see Ramaphosa ‘the least worst option’ to accelerate reform and honour green energy transition
South Africa’s 55th national conference is being closely watched from outside our shores. Chris Vandome, a senior political analyst from Chatham House in London says President Cyril Ramaphosa is generally regarded as ‘the least worst option’ and overseas leaders are, like many South Africans frustrated with his slow pace of…
Judge Hlope's suspension took shockingly long and expect more 'law fare' - Adv Jeremy Gauntlett
Embattled Western Cape High Court Judge President John Hlophe has been suspended pending impeachment proceedings against him for gross misconduct. The suspension has been welcomed by Freedom under Law (FUL) which has previously expressed serious concern that the suspension of Judge Hlope has been delayed despite complaints that go back…
After scoring an A for 2022, Sean Peche shares his 2023 investment “Surprises”
Ranmore Funds founder Sean Peche is warning us to expect the unexpected in the New Year, offering “Surprises” that could shake up the performance of investment portfolios. Leading the pack is the warning of a 50% drop in the share prices of Apple, Amazon and Tesla - with Putin pulling…
Ramaphosa expect to get another term at ANC National conference but expect battle for No 2 - Prof Theo Venter University of Johannesburg
The ANC caucus in Parliament managed to ward off a rebellion against President Cyril Ramaphosa with only 5 of its members of parliament voting for the adoption of the Section 89 panel report on the Phala Phala theft that found that he may have violated the Constitution. Notably voting in favour…
KZN Midlands attacking loadshedding with battery-power for business hubs within a year
The uMgungunglovu District has emerged as the surprise leader among SA regions battling to engineer solutions to loadshedding. The region, which includes PMB, Howick and Mooi River, is launching massive battery plants to serve business hubs. James Martin, who heads Economic Recovery in the district says the batteries will be charged…