BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
BizBriefing: Ace clings to power; Pfizer vaccine 'deep-freeze' challenge; Mozambique massacre; Zambia debt crisis
* The ANC is making an exception for its secretary general Ace Magashule - who does not have to step down even though a warrant has been issued for his arrest in connection with corruption. * The Pfizer vaccine will get to rich people in the urban areas of rich…
How investigators FINALLY got enough evidence to arrest Ace Magashule - the inside story.
An arrest warrant has been issued for former Free State Premier and current ANC secretary-general Ace Magashule. Arrests surrounding the R255-million asbestos scandal were made just last month, with corruption-accused businessman Edwin Sodi arrested for his alleged involvement in the procurement of government funds. Since 2015, DA representative Leona Kleynhans…
BizBriefing: ANC heavyweight Ace Magashule nailed for graft; Zondo; B4SA warns against lockdown; Moz corruption
* An arrest warrant has been issued for Ace Magashule, one of the ANC’s top-ranking officials. * Magashule’s arrest comes as evidence at the Zondo commission of inquiry continues to highlight industrial scale corruption at state entities, with the son of Jacob Zuma, Duduzane, and the Gupta family in the…
BizBriefing: US markets rally on Pfizer Covid-19 vaccine: stricter SA Covid rules; Biden 'story' about Mandela
* US markets rallied after a vaccine developed by Pfizer Inc. and partner BioNTech SE proved better than expected at protecting people from Covid-19. * South African government is considering reimposing several curbs aimed at containing the coronavirus pandemic as fears mount about a second wave of infections. * The pandemic’s resurgence is posing a…
Flash Briefing: SA airlines set for take off; Biden 'good for Africa'; SA Covid warning; China; Richemont; Sasol
* New airline Lift is set to open its website for bookings this week, as Kulula switches on its ticket sales again as it emerges from Comair's business rescue and Discovery Vitality takes steps to boost the sector and reward its members. * Regular BizNews stock market commentator David Shapiro…
Giving hope to the globe during pandemic with viral hit Jerusalema! – Nomcebo Zikode
On a December night in Midrand, months before the Coronavirus pandemic would disrupt the lives of every living human being on the planet, Jerusalema was created by Master KG and gospel singer, Nomcebo Zikode. Little did they know that the song and the dance moves created with it, would bring…
Inside Covid-19: Discovery Vitality travel perks; Vitamin B, Zinc could hold the answer to keeping worst symptoms at bay
In this episode of Inside Covid-19, we have exciting news from our sponsors at Discovery, with the Discovery Vitality programme announcing measures that will provide a much-needed boost to the tourism, travel and hospitality sectors - and will also lift the spirits of people who have been looking forward to…
Flash Briefing: EM/Rand high on Biden; 30% local in streaming content; Green energy job losses; Myeni; Oxford Xmas Jab?
In today's business headlines: - Emerging-market stocks climbed to the highest level in more than two years and most other currencies have strengthened as Democrat Joe Biden is moving closer to victory in the US presidential election. “Trump’s defeat is good for emerging markets." - The Rand has made major…
Gideon Joubert: ‘I enjoy guns; not only for protection but as avatar for civil liberty'
Founder of Paratus, Gideon Joubert tells the harrowing story of escaping a hijacking, jumping out of a moving car to escape his attackers. Joubert says he realised that he couldn't rely on the state for his personal safety. In this interview with BizNews founder Alec Hogg, Joubert sets out why…
Inside Investing: Apple, Amazon, Naspers, Orbvest, Richemont - and our gurus give their top three stocks. Ep 8
Episode eight of the Inside Investing podcast focuses on tech stocks. We kick off with the world’s biggest company, Apple Inc, whose share price fell back after last week's quarterly results. Then our two experts, David Shapiro and Deon Gouws, offer perspective on results from the Biznews share portfolio’s biggest…
A look inside FNB bank accounts reveals SA economy in surprisingly good shape - though wealthiest have suffered
The Covid-19 lockdowns hammered the SA economy, sparking wide-spread concern that the country is heading for a financial crisis. But an examination of take-home pay flowing into, and money moving out of, FNB bank accounts suggests consumer incomes and spending have rebounded quickly since April. South Africa’s large army of…
Inside Covid-19: Great Barrington Declaration - good, bad idea? Can vaccines save us? Discovery Vitality points
Resources are being thrown at vaccine development, as it is seen as saving the world from the pandemic that has brought economic engines across much of the world to a standstill. We hear from our partners at Bloomberg why the obsession with vaccines may be a bad strategy. We also…
Flash briefing: Ant IPO derailed; US elections; Mbeki in Trump smear; Sibanye accused of BEE 'theft'; Mozambique EU aid
* China put the brakes on Ant Group Co.’s $35 billion share sale in Shanghai and Hong Kong, derailing the world’s biggest initial public offering. * Analysts are cautious about how soon the U.S. will know the results of election voting. * The name of former SA president ‘Thabo Mbeki’…
Landmark court ruling rips up Pravin Gordhan’s BEE rule book - Piet le Roux
An organisation that represents business has succeeded in getting some BEE rules declared invalid - a development that opens the door to business opportunities at state entities. In this interview Piet le Roux of Sakeliga sets out the battle to challenge Black Economic Empowerment rules that allowed government contracts to…
The Alec Hogg show: Political disruptor Mmusi Maimane, back to activist roots - Macron-style. Ep 13
It's a year since Mmusi Maimane followed the lead of the late Frederick Van Zyl Slabbert and resigned from the Official Opposition to seek a political solution for SA outside of Parliament. History shows Slabbert made the right call, his contribution from outside the tent far more effective than it…
Emigration: Where to start? Top tips on making that big move
Considering emigration and don't know where to start? That's understandable, as packing up to live abroad can be a complex, time-consuming process. It can be an equally tricky process if you decide to emigrate after you have been living and working overseas. Niel Pretorius of Sable International shares his top…
Flash briefing: Court rules against strict BEE; manufacturing green shoots; Comair blow; Aspen gets Covid vaccine deal
* A court has ruled against strict requirements of BEE in government tenders. * South Africa's manufacturing sector is showing signs of improvement. * The National Union of Metalworkers of SA is threatening legal action over the retrenchment process under way at Comair. This could scupper the business rescue process…
'This industry can dramatically boost employment in SA' - CCI South Africa's Satish Varanasi
South Africa has the potential to build a business process outsourcing location to rival those in India and the Philippines. That’s according to Satish Varanasi, in an interview sponsored by CCI SA. Varanasi was headhunted from a major Indian corporation to scale up call centre operator CCI South Africa. He has over…
New DA leader John Steenhuisen; Trump vs Biden; Comair flying again; Prosus share buy-back; expensive Jooste SMS
In today's business headlines: - John Steenhuisen has been elected as the Democratic Alliance’s new leader for the next three years following its virtual Federal Congress over the weekend. - All eyes will be on the United States this week where it will be determined if the world would have…
Flash briefing – Government defends ‘New’ SAA bailout, Oil and Sasol plunge; Gupta sanctions, Old Mutual expansion
In today's business headlines: - The South African government says it was aiming for the New South African Airways to fly again in the first half of next year, after it gave the airline a R10.5 billion bailout in the mid-term budget. Several government officials have come out in defence…