South Africa has the highest number of unemployed youth with thousands of graduates jobless. It appears the Higher Education system provides free or heavily subsidised education and training that produce skills that employers do not need. In the Covid-19 era, the delivery of content is another challenge, are the institutions…
Jacob Zuma's recusal application is denied, ABSA warns of plummeting profit and SA makes cheques obsolete. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The Editor's Desk with Jackie Cameron, BizNews political journalist Bernice Maune provides a detailed update on Zuma's application to have Zondo recused from the commission has been dismissed. Right after hearing the outcome of the recusal application, Zuma and his lawyers staged a walk-out. This is…
In episode ten of the Inside Investing podcast, a breakthrough for SA savers as the Reserve Bank abolishes the 30% cap on the foreign component of retirement annuities; we hear from the CEO of overlooked JSE-listed small cap 4Sight Holdings; also from Anchor Group founder Peter Armitage, who explains the…
* In a massive victory for the thousands of smaller hospitality and tourism businesses forced to shutdown in the Covid-19 lockdowns, the Western Cape High Court judgment has ordered insurance giant Santam to pay a hotel group’s claims in full plus legal costs * President Cyril Ramaphosa has had a call with US…
In a precedent-setting judgement heard earlier this week, the Western Cape High Court ruled in favour of Ma-Afrika Hotels and Stellenbosch Kitchen against insurance beast Santam. It's a victory worth celebrating, but Insurance Claims Africa CEO Ryan Woolley warns that the fight isn't over yet. Learn more about your ad…
Women in South Africa bear a disproportionate burden of the HIV pandemic. According to UNAids figures, of the more than 7.7 million adults living with HIV in South Africa, 62.7% are women and new HIV infections among young women aged 15-24 were more than double than those among young men…
'It's this weird paradox trying to attract investment, while promising investors that their investment won't be safe.' Head of Strategic Initiatives at the IRR Hermann Pretorius speaks to BizNews founder Alec Hogg about the latest annual investment conference, hosted by President Cyril Ramaphosa. Pretorius outlines why South Africa is 'not…
In the mid-term Budget Finance Minister Tito Mboweni dropped a silent but violent bombshell. The 30% cap on the foreign component of retirement funding has effectively been lifted - if they wish South Africans can now effectively invest 100% of their savings in foreign assets. In the light of continued…
*The BLA has settled its spat with Malema over his choice of lawyer. *The University of Witwatersrand study says Covid-19 deaths are under reported. *SA's fibre network has received an investment boost. *Telkom's Sipho Maseko speaks candidly about the SOE's past. *President Cyril Ramaphosa emphasises the importance of investing in…
The nationwide lockdown, which brought several industries to a standstill, forced three South African women to leave their comfort zones in order to make ends meet. BizNews journalist Claire Badenhorst spoke to Clare Tennant, Jana Aspeling and Claire King to find out how they launched successful businesses in a poor…
Paul O’Sullivan is an Irish-born crime fighter with the corrupt and the captured in his line of sight, refusing to rest until he sees them behind bars. Recently, he released an open letter to former SAA chairperson Dudu Myeni – who has featured prominently at the Zondo commission into state…
* Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ can’t celebrate. * Vodacom reinstated growth targets based on an expected economic recovery from the Covid-19 crisis in 2022. * The Ahmed Kathrada Foundation says Jacob Zuma is grasping at straws in an effort to play…
In a recent episode of Inside Investing, BizNews founder Alec Hogg spoke with Robert Paddock, chief executive of the Valenture Institute. Paddock told BizNews about the newly formed partnership with St Stithians, the prestigious school situated in Johannesburg. This new alliance will allow students to enjoy the benefits of a…
- The court appearance of ANC secretary general Ace Magashule, the highest profile politician arrested in connection with state capture on Friday has been viewed favourably overseas. - Former President Jacob Zuma last ditch effort to avoid re-appearing before the Zondo Commision of inquiry into state capture will be heard…
Discovery Health's head of Clinical Policy, Dr Noluthando Nematswerani tells BizNews how Discovery is helping it's members prepare for the arrival of the Covid-19 vaccine in South Africa. Nematswerani says experts expect the vaccine to arrive by at least mid 2021. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's business headlines: • South Africa’s official unemployment rate has risen to 30.8% returning to a 17-year high in the third quarter. • European businesses have indicated that they are delaying investment in South Africa because of poor power and water supply and the costs of complying with Black…
In episode nine of the Inside Investing podcast, an assessment of what the new US president will mean for South African investors; we hear from Gerrie Fourie, CEO of SA banking’s success story called Capitec; get the back story to news that Johannesburg’s famous St Stithians is to partner with…
In this episode of inside Covid-19, we have special interviews for you with medical experts of global standing. First up, we speak to Dr Jay Bhattacharya, a professor of medicine at Stanford University. Dr Bhattacharya is one of the driving forces behind the Great Barrington Declaration, which calls for a…
President Cyril Ramaphosa has outlined a sharp rise in Covid-19 cases in the Eastern Cape and pockets of the Western Cape. He hinted that tougher restrictions would have to be implemented if we don't start wearing masks and encourage employees and friends to download the tracing app. But, he eased…
11 Nov 2020 1PM
31 min
4180 – 4200
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