BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
David Shapiro, Thys du Toit: Steinhoff offer to settle legal claims - what it means for shareholders
Steinhoff has set aside R16.5bn to settle about 90 claims against it. In the Rational Radio webinar, BizNews founder Alec Hogg picks up with stock market expert David Shapiro and asset management heavyweight Thys du Toit, founder of Coronation, on whether the deal looks like a good one for shareholders…
Kenton Fine: a bunch of 'SA boikies' getting stuck into 200m euro global services business
Kenton Fine is the London-based executive chairman and founder of Servest, a R10bn turnover, 45,000 employee multinational group. Fine sold Servest for a whopping £540m in 2018 and announced last week that a group of South Africans are getting together to buy Getronics - a Dutch IT services company -…
The Robinhood phenomenon - how day traders became 20% of US share volumes
South Africans first heard of the US's new day trading force after seeing embattled Sasol shares surge from R20 to R180 in a matter of weeks. Less spectacular price-wise but far bigger in volumes was a tripling in the Tesla share price - the favourite of stay-at-home traders who now…
Magnus Heystek: The Sygnia fund I've invested in for ALL my grandchildren
Magnus Heystek, a personal finance expert and former journalist who runs his own investment firm, Brenthurst Wealth Management, has put his own family's money into the Sygnia Oxford Sciences Innovation Fund. This invests in the shares of Oxford Sciences Innovation Plc, a company that has partnered with the University of…
Covid-19 deaths at 7,000, but SA turns corner; gold bulls come out to play; insurance 'relief' for hospitality; MTN
In today's news headlines: * As the number of Covid-19 deaths heads towards 7,000, graphs produced by the Johns Hopkins Coronavirus Resource Centre suggest South Africa is turning a corner. * Gold still has room to run, says Mark Mobius, one of the world's most respected investors in emerging markets…
SA policy on wild life trade is enabling Chinese tastes for bush meat
The Covid-19 virus, linked to a wildlife market in Wuhan, that has spread like a wildfire through the world, has thrust China’s live wild animal trade into the spotlight. Images of sick suffering pangolins and videos of live animals such as bats boiling in soup have outraged the world. It…
Covid-19 cash crunch: Don't touch your retirement savings! Guy Chennells, Discovery
BizNews founder Alec Hogg chats to Guy Chennells - the Product Head at Discovery Employee Benefits - about the risks of accessing your retirement funds to help you through this Covid-19 crisis. Learn more about your ad choices. Visit megaphone.fm/adchoices
Grab your bike! Cycle the Tour de France at home - Wall Street Journal
You don't need to buy a Peloton to cycle the Tour de France at home. If you already have a bike, you can use that. Bad news: if you've never tinkered with your bike before, choosing the right accessories and installing the equipment can be intimidating. Here's how to set…
CR closes schools, gets tough on corruption; interest rate cut; business owners beg CR to drop alcohol ban
In today's news headlines: * The President has announced changes to the school year and is sending many pupils back to school as South Africa soars up the global ranking of countries with the highest Covid-19 infection rates. * The restaurant sector is in ICU following a nationwide protest, which…
CR takes hands-on approach to Covid-19 corruption: ‘Consequences will be severe’
Fighting corruption was a key theme in President Cyril Ramaphosa’s address to the nation on Thursday. He has committed to taking a hands-on approach to taking action against theft and graft related to Covid-19 funds. and price-gouging. But he has sent many pupils home and announced that the school year…
Corruption-busting hero Van Loggerenberg: 'Tobacco ban has criminalised cigarette smokers'
Johann van Loggerenberg is no stranger to the underhand tactics of the all-powerful tobacco industry. In this podcast, Tobacco Wars author Van Loggerenberg chats to BizNews founder Alec Hogg about the influx of foreign transnational organised crime syndicates and their newly formed liaisons and new modus operandi and channels that…
Desperate restaurant, bar owners protest in streets; gold stocks soar, but investors stay away from SA; Zim crisis
* Thousands of South African restaurant and bar owners placed tables and chairs on the streets outside their premises on Wednesday in a nationwide protest against lockdown restrictions that prevent them from selling alcohol or trading after 9pm. * Retail sales plunged 50% in April, says Statistics SA. * Not…
Covid-19 attack rates, herd immunity, and why SA is far from the end - Dr Ron Whelan
As we rapidly approach the peak of infections in South Africa, there are officially 381,798 positive Covid cases, with 208,144 recoveries and 5,368 deaths. SA's number of Covid cases per 100,000 people is growing at a higher rate than any other country in the world. However, as the global death…
Inside Covid-19: Good news on the Oxford vaccine - and enforced changes to spending habits. Ep 63
In episode 63 of Inside Covid-19, some sage advice for us to cement lower spending habits enforced through the lockdown; research by UCT Professor Corne van Walbeek confirms the cigarette sales ban delivered awful unintended consequences; great news from the human trials of Oxford University’s Covid-19 vaccine, which is also…
We are sharing cigarettes more than ever under tobacco ban - UCT expert
Professor Corné van Walbeek, director of the research unit of the economics of excisable products at the University of Cape Town, has been talking to smokers about South Africa's lockdown ban on cigarette sales. He says there's been a huge increase in the intensity of sharing of cigarettes - even…
Govt's SAA plan: ask pension funds for help; world closer to Covid-19 vaccine; Bezos fortunes swell on Amazon; Naspers
In today's news headlines: * World is closer to a Covid-19 vaccine. * Two South African government ministers have been hospitalised for Covid-19. * SA stocks are set to snap back from the year’s losses, with Naspers pushing stocks back into recovery. * Zimbabwean journalist, Hopewell Chin’ono, has been detained…
'Covid-19 is difficult, but we keep going' - Dr Despina Demopoulos
Dr Despina Demopolous is an intensivist in an intensive care unit who has been working on the frontlines of the battle against Covid-19. She is full of praise for the her healthcare colleagues, who are working long hours as they struggle to find beds for ill patients. There's a strong…
Getting best from the Biznews Share portfolio (and the monthly interactive updates)
A user's guide to the top performing Biznews Share portfolio which has delivered its followers a 20% annual compound US Dollar return in the six years since launching in December 2014 with initial capital of $200 000. With a Warren Buffett-based holding period of "forever" (except where there's a fundamental…
We call them 'the offenders' - Umhlanga restaurant owner on insurance giants
A deeply frustrated Duncan Heafield, owner of Bellezar Restaurant in Umhlanga, speaks to BizNews founder, Alec Hogg, about the bizarre state of affairs the hospitality industry has found itself in since the lockdown was imposed in March. Heafield has submitted claims against Santam, Old Mutual, Hollard and Guardrisk - referred…
Expert stock picker David Shapiro: How to catch a ride on the upside of Covid-19
David Shapiro, a closely followed stockbroker, and his long-time pal Alec Hogg, BizNews founder, pick up on the stock markets - in particular how best to catch a ride on any positive news and changes sparked by Covid-19. They discuss Covid-19 vaccine developments and how tech stocks that have benefited…