BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
QE won't happen - Kganyago; What rich people fear the most in SA; Eskom pumps up Exxaro profits; PPC
In today's news headlines: * South African Reserve Bank Governor Lesetja Kganyago dismissed suggestions the central bank’s inflation-targeting mandate be broadened and that it undertake quantitative easing to support an economy facing its deepest contraction in almost nine decades. * Wealthy individuals in five African nations including South Africa, Nigeria and Kenya see political instability as…
Tim Modise questions law-enforcers: where are we on arresting corruption in South Africa?
Broadcaster Tim Modise puts your questions to the people leading the country’s great hope in the fight against corruption: Special Investigating Unit head Advocate Andy Mothibi; Sipho Ngwema, the spokesperson of the National Prosecuting Authority; and Advocate Selby Makgotho of the Special Tribunal. In these excerpts, the focus is on…
Inside Covid-19: Reimagining post-pandemic SA with Adrian Gore, Barry Swartzberg, and Prof Francis Petersen. Ep 72
In episode 72 of Inside Covid-19, a focus on the reimagination of South African business and universities after the pandemic - Discovery’s founders Adrian Gore and Barry Swartzberg share their thoughts and we also hear Prof Francis Petersen, vice chancellor of Free State University; we investigate the racial gap in…
Prof Alan Whiteside - 'Covid-19 is less serious in SA and we don’t know why.'
Global health expert Professor Alan Whiteside discusses a poignant letter published in The Lancet medical journal which discusses why lockdowns don't work in an African context. This and further insight on the SA lockdown is shared by Whiteside in this podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices
How far are we from a trustworthy Covid-19 vaccine in SA? Dr Noluthando Nematswerani, Discovery
Russia announced that it has released the worlds first Covid-19 vaccine. Across the world, analysts and medical experts are questioning how the Russians managed to bring the vaccine to fruition so quickly. In this interview, BizNews founder Alec Hogg chats to Dr Noluthando Nematswerani, who gives her thoughts on the…
CT loses battle to axe Eskom; bad loans hit Absa; Harmony Gold expects bumper profits; SA business confidence perks up
In today's news headlines: * The City of Cape Town’s attempt to secure South African municipalities the legal right to select their electricity suppliers has been set back by a court ruling that it must first exhaust negotiations with the government on the matter, says Bloomberg. * South African business confidence recovered…
Inside Covid-19: Doubts over Russian vaccine but others make progress; Evidence lockdowns don't work in Africa. Ep 71
In episode 71 of Inside Covid-19, after Tuesday's excitement around Russia’s coronavirus vaccine, doubts grow because of the apparent haste with which it was created – we’ve got context on that story, and vaccines generally. Plus fresh evidence that lockdowns just don’t work in an African context and some ugly…
Eskom Pension and Provident Fund pays out R100m bonus to pensioners - Mateza
Chief Executive and Principal Officer Linda Mateza, describes how Eskom's Pension and Provident Fund shared R100m amongst 33,000 pensioners to help ease their financial hardships. In South Africa, many households are dependent on a pension, with many recipients sustaining their children, grandchildren and other relatives on a modest monthly income…
Getting SA back to work after Covid-19: Does your business qualify for Kisby Fund finance?
The Stats SA Quarterly Labour Force Survey for the first quarter of 2020 indicates that there are 7.1 million unemployed people in South Africa. This was before the country imposed lockdown restrictions to curb the spread of Covid-19. There is little doubt that this figure will increase dramatically. Industries across…
How eating can improve your chances against Covid-19 - tips on losing weight, boosting health
South Africa currently has over 566,000 confirmed Covid-19 cases and there have been over 10,000 deaths. The rate of infections (and fatalities) continues to climb but it's no secret that those with underlying medical conditions are at a greater risk. Comorbidities, including diabetes, hypertension, obesity, lung cancer, and kidney diseases…
Joe Biden picks Kamala Harris as running mate - Wall Street Journal
Joe Biden has named Senator Kamala Harris of California as his running mate, picking his former Democratic primary opponent to be the first Black woman and the first woman of Asian descent nominated for vice president by a major party. Learn more about your ad choices. Visit megaphone.fm/adchoices
Russia has first Covid-19 vaccine; Eskom race row; Sasol profit warning; SA-style protest trades push HK stock up 1,100%
In today's news headlines: * SA’s Covid-19 death toll heads towards 11,000 and the number of reported cases is at 564,000 - as Russia announces it has the first Covid-19 vaccine. * Embattled power utility Eskom has been criticised for appointing a white man to its treasury. * Sasol, one…
Inside Covid-19: Foods that blunt virus's sting; SA hero Prof Guy Richards; Kodak's surge; Russian vaccine. Ep 70
In episode 70 of Inside Covid-19, some smart advice from Discovery's chief dietician who explains what to eat to blunt the coronavirus sting; a South African healthcare hero, Wits Professor Guy Richards, shares his own Covid-19 infection journey and explains why his team applied dexamethasone well before the lifesaving drug…
Inside story of Kodak's surge on $765m White House loan to pivot into drugs
Mostly forgotten photography icon Eastman Kodak jumped into the headlines this month after the Trump White House picked it out for special treatment in a plan to move production of chemicals that go into cornavirus drugs back to the US. The now tiny US company was incentivised through a $765m…
Prof Guy Richards on contracting Covid-19: ‘Transmission is easy in hospitals’
At least eight doctors in Gauteng have succumbed to Covid-19 and according to Zweli Mkhize, there are 24,000 healthcare workers infected with the disease in South Africa. Angry health workers say it’s an issue that stems from a severe shortage of good quality PPE. Among the infected is Professor Guy…
SA Covid-19 deaths at 10,500; govt wants SAP to repay R400m; Tencent; SA hospitality crisis
In today's news headlines: * About 10,500 people have died of Covid-19 in South Africa, with the total number of reported cases at around 560,000. The number of global Covid-19 cases is now around 20m. * Tencent Holdings, the Chinese tech giant that underpins Naspers and its Amsterdam-listed Prosus, added…
Coping with high Covid-19 death toll among healthcare workers: applauding hospital staff - Dr Adri Kok
The Covid-19 death rate is particularly high among hospital staff. The Discovery Life team says two-thirds of the life claims that they've had during Covid have been for healthcare workers. In this podcast, BizNews founder Alec Hogg speaks to Dr Adri Kok, a Covid-19 survivor who works at the Netcare…
Numsa investment co. plans to bring drugs from India, Russia to fight Covid-19 - Tim Modise interviews Khandani Msibi
In this interview with broadcaster Tim Modise, Khandani Msibi, CEO of Numsa Investment Company, talks about 3sixtyBiomedicine’s offering hope in fighting Covid19 by bringing Covid19 therapies Remdesevir from India and from Russia Avifavir to South Africa. He says the medications are likely to be made available in the country in…
Steinhoff: Why Markus Jooste still roams free - NPA boss
In 2017, an accounting scandal erupted at South African multinational Steinhoff. The German authorities uncovered a number of financial irregularities - and Steinhoff CEO Markus Jooste jumped ship. Steinhoff's demise meant that a number of wealthy investors, including billionaire Christo Wiese, have felt the devastating effects of its share price…
CR cracks his corruption whip as Covid-19 fraud mushrooms; MTN; Zim; Rand
In today's news headlines: * President Cyril Ramaphosa has unveiled yet another raft of plans to deal with the corrupt and the captured, including detailed reporting on which companies have been approved to supply Covid-19 services. * SA's prosecuting authorities have provided granular detail on how the country is tackling…