BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
There's still insufficient data for us to authorise ivermectin - SAHPRA CEO
Earlier this week, the African Christian Democratic Party announced that it had achieved a legal victory in the fight to secure wide-spread use of ivermectin for Covid-19 treatment. Ivermectin is largely used in South Africa as a veterinarian anti-parasitic. But there is a growing group of medical experts around the…
Flash Briefing: Eskom announces emergency power suppliers; Biovac to make US vaccines; China wary of Tesla cars
Eskom announces emergency power suppliers who will add about 2000 megawatts to the grid through R45bn of private-sector investment. SA’s Biovac will manufacture US company ImmunityBio’s Covid-19 shot, once it gets approval. The founder of Greensill’s taste for risky investments was the red flag that caught the eye of investors,…
Coal mining company Exxaro delivers strong results amid difficult circumstances
Exxaro Resources recently released results, with group revenue up at least 12% and headline earning per share up by 26%, at just under R30. CEO Mxolisi Mgojo joined BizNews Power Hour host Jackie Cameron to detail how the company did this amid very difficult circumstances. Mgojo also sketches out the…
Inside Covid-19: Deep insights on how people have battled Covid-19 demons; Ivermectin SA legal battle - behind-the-scene
When the Covid-19 pandemic first swept across the globe and governments instituted lockdowns, many people thought the crisis would be over in a few months. But a year later, many countries are still under lockdown rules, even as vaccinations are rolled out. In a powerful, in-depth report from Bloomberg, we…
BPH: Exxaro and Renergen CEOs; Mia Kruger; Ascendis Activists; JP Morgan
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by CEO of Exxaro Resources Mxolisi Mgojo, CEO of Renergen Stefano Marani, fund manager Mia Kruger, Ascendis Activists and the BizNews team. Learn more about your ad choices. Visit megaphone.fm/adchoices
Flash Briefing: Exxaro announces buyback; Barak whistleblowers; Sinovac shots for SA
Exxaro Resources announced a share buyback and a special dividend after offloading its last shares in Tronox. Barak Fund whistleblowers warned of asset valuation and collateral issues, say insiders. ARC. Tanzanian President John Magufuli has died. Learn more about your ad choices. Visit megaphone.fm/adchoices
Cannabis is the fastest growing industry in the world, says Silverleaf Investments CEO
Pierre van der Hoven, joint CEO of Silverleaf Investments, joined the BizNews Power Hour to share his insights on the cannabis industry and possible opportunities for aspirant entrepreneurs. Learn more about your ad choices. Visit megaphone.fm/adchoices
Staying afloat in the struggling hospitality industry - Sun International CEO
Iconic South African gaming and hospitality group Sun International has been smacked hard by Covid-19 containment measures. This week, it reported a loss of more than R1 billion for 2020. Like other companies in the hospitality sector, they were forced to shut operations for more than three months last year…
Carrie's Corner: Catherine Marshall, a jewel in the crown of SA winemaking
Renowned winemaker Catherine Marshall joined Carrie Adams for the BizNews festive Friday. After graduating, Marshall landed apprenticeships at a number of local cellars and obtained winemaking experience overseas, spending time in France and the US. She has received many awards - both locally and internationally - and has served as…
BPH: Sun International CEO; Cannabis; Tina Joemat-Pettersson; American markets
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by CEO of Sun International Anthony Leeming, Joint CEO Pierre van der Hoven of cannabis investment holding structure Silverleaf, DA representative Andrew Whitfield, billionaire investor Bill Gross and the BizNews team. Learn more about your ad choices…
Flash Briefing: Nedbank cautious about Covid; Shoprite wants to buy vaccines; Sotheby's ventures into crypto
Nedbank has seen an earnings loss in 2020 and says it is cautious about Covid-19. Shoprite's CEO says the private sector should be allowed to buy vaccines. Curro Holdings sees an upswing in revenue and learner numbers. Sotheby's will follow Christie's into the world of digital currencies. Learn more about…
Jean Pierre Verster shares his insights on the hedge fund industry, frothy equity valuations, Tesla, Naspers vs Prosus
Jean Pierre Verster, a hedge fund manager that successfully shorted African Bank and Steinhoff, in this interview shares his insights on the hedge fund industry, frothy equity market valuations, the recent successes of his Tesla shorts and the Naspers vs Prosus debate. Learn more about your ad choices. Visit megaphone.fm/adchoices
Froneman on SA gold mining titan as deal-maker eyes Sibanye, Goldfields and AngloGold Ashanti merger
Sibanye-Stillwater CEO Neal Froneman, renowned for his deal-making in the mining industry, has suggested that a merger of Sibanye, Goldfields and AngloGold Ashanti would be in the best interests of South Africa. In this interview, he outlines his investment thesis on the merger and the benefits of creating a mining…
BPH: Neal Froneman; Jean Pierre Verster; Bitcoin; Naspers & Prosus; Ivermectin
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by CEO of Sibanye-Stillwater Neal Froneman, Hedge fund manager Jean Pierre Verster, Pieter Hundersmarck of Flagship asset management, Bongani Luthuli on Ivermectin and the BizNews team. Learn more about your ad choices. Visit megaphone.fm/adchoices
The lawyer who won the Ivermectin battle for South Africans
Ivermectin, the cheap drug taking the fight to Covid-19, has been used across the world (for many decades) to fight ailments of all sorts - with excellent results. The drug has been banned in South Africa, despite many studies and plenty of evidence showing its effectiveness in curing patients with…
Flash Briefing: Shoprite focus on home market; more countries halt Astra vaccine; Astral sees slump; Eskom; Bitcoin
Shoprite is shifting its focus back to its home market. Astral predicts a slump in earnings. Eskom will continue maintenance amid power cuts. More European countries stop AstraZeneca vaccine rollouts over blood clot doubts. Bitcoin sinks back from record highs over the weekend. Learn more about your ad choices. Visit…
SA’s pool of higher net worth individuals is shrinking
Covid-19 containment measures have hammered the South African economy, pushing many businesses to the brink of collapse and leading to widespread job losses. The problems have also been felt acutely amongst South Africa’s wealthiest citizens. BizNews spoke to Eric Enslin, CEO of FNB Private Wealth and RMB Private Bank. Learn…
Froneman is a smart guy, says Piet Viljoen. 'He's flying a kite to see what will happen'.
Recently, Sibanye CEO Neal Froneman put out an invitation to AngloGold and Gold Fields to merge, in what he said would be 'in the national interest'. Piet Viljoen, fund manager of the Counterpoint value fund, weighs in on Froneman's statement. Sibanye and AngloGold are both in the Top 10 holdings…
BPH: Absa results; FNB Private wealth CEO; Cathie Wood; Stadio CEO; Yuppie Mr Price; Ivermectin
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by CEO of FNB Private bank Eric Enslin, CEO of Stadio Chris Vorster, CIO of Perpetua investment managers Delphine Govender, Dr. Tess Lawrie and the BizNews team. Learn more about your ad choices. Visit megaphone.fm/adchoices
Flash Briefing: Mr Price buys Yuppiechef; Absa & Sun Intl. struggle; Namibian insurers fined
Mr Price will acquire Yuppiechef, broadening its customer base to higher-income shoppers. Absa and Sun International struggle during the lockdown, while AdvTech expects positive results. The Namibian Competition Commission cracks down on price-fixing among insurers Learn more about your ad choices. Visit megaphone.fm/adchoices