BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Making hay while the Rand shines - OrbVest's latest US investment opportunity
An unexpected weak dollar presents a unique opportunity for South-Africans looking to move funds offshore. As most of us have been unable to travel abroad, we have not touched our R1m discretionary allowance that amounts to $64,850.84 (R15.42 per $1 at today's exchange rate) to invest offshore. By putting that…
Trucks, petrol bombs and the inability to respond
‘The trucking business appears to be under co-ordinated attacks with more than 20 trucks petrol bombed in the past week alone. Two truckers were reported killed earlier this week. We ask ‘Why is the trucking business under attack and why are the authorities incapable of responding to this ‘economic sabotage’?…
Inside Covid-19: vaccine roll-out in SA, beyond - experts, pharmacy bosses
With billions of dollars a day disappearing as much of the northern hemisphere is shutdown to contain the spread of Covid-19, it is critical for vaccines to be rolled out as soon as possible. In this episode of Inside Covid-19, we focus on vaccine roll out in Africa and elsewhere…
Editor's Desk: Johannesburg's corrupt mayor, dirty deals at Denel, EOH clean-up - and more. #StateCaptureinquiry
BizNews journalist Bernice Maune summarises some of the big stories at this week's Zondo Commission of Inquiry into state capture. Hear about how Johannesburg's mayor, Geoff Makhubo, had a prime seat on the EOH gravy train. Also coming up: Stephan Burger, former Denel Land Systems CEO, willingly violated the company’s…
BizBriefing: Motion of no confidence in Ramaphosa, DA questions costs of field hospital, Mr Price takes Covid-19 hit
The speaker of South Africa’s lower house of Parliament has authorised a vote on a motion of no-confidence in President Cyril Ramaphosa. DA's Jack Bloom asks Covid-19 field hospitals are kept operational. Mr. Price sales take a Covid-19 hit. SA's PPI is on the rise. Learn more about your ad…
ASISA's Campher: Money managers didn't lobby for suspending retirement excon relief, we just wanted clarity.
A new regulation issued last month by South Africa's financial regulators removed the 30% cap on foreign investment of local retirement funds. On Monday, Pretoria suspended the change. Firebrand Magda Wierzycka, founder of independent asset manager Sygnia, and outspoken independent financial advisor Magnus Heystek are blaming lobbying by large money…
Helping businesses in distress: Tim Modise speaks to experts
Veteran broadcaster Tim Modise caught up with Adam Craker, CEO of IQBusiness and convener of COBRA, a network of businesses and organisations that support companies and entrepreneurs facing closures and other difficulties and Graeme Butchart. The topic: A consortium of companies have come together to promote shared values to support…
Portugal property, golden visa programme warning: don't get caught on wrong side of new rules - expert
Portugal has attracted many South African and Chinese investors who like the appeal of owning a piece of prime Portuguese real estate that gives access to European residency and citizenship. But the rules have changed in some areas, which means you may not get what you want. In this sponsored…
Inside Investing Ep 11: Big company greed-driven lobbying killed RA breakthrough - Wierzycka, Heystek
In episode eleven of the Inside Investing podcast, Sygnia’s Magda Wierzycka and Magnus Heystek take a swing at the country’s large asset managers who they say have put their own pockets ahead of South Africans trying to save for retirement; Cemair’s Miles van der Molen highlights the impact which erratic…
BizBriefing: PIC gives Eskom a helping hand, SA pays to secure access to Covid-19 vaccine, Zondo hears from EOH
The PIC will invest more in Eskom, SA pays for a place in the vaccine queue, SA business confidence surges and Zondo hears about the EOH turnaround from CEO Stephen van Coller. Learn more about your ad choices. Visit megaphone.fm/adchoices
Travel expenses scandal: Inside the investigation - DA's Leon Schreiber
More than 200 individuals have enjoyed free air flights paid for by taxpayers. These include former apartheid government ministers and individuals named in the state capture scandal - including some who are facing criminal charges in connection with graft. Each former minister got a maximum of 88 business class flights…
Farm fresh: How one SA farmer is creating jobs and smashing gender norms
For the past 10 years, young African entrepreneurs have been recognised by the Anzisha Prize, which provides a cash prize, mentoring and training for the winner. This year – out of more than 1,200 applications – a 22-year woman who farms vegetables in Limpopo, Mahlatse Matlakane, has been elected as…
Global portfolio - Strong Rand impact
The BizNews Share portfolio, launched in December 2014, has delivered spectacular returns for South African investors. Every month, BizNews founder Alec Hogg updates the latest developments at the companies whose stocks are held in the portfolio. Although the strategy has been to buy and hold, the portfolio has seen some…
SA authorities back-pedal on easing exchange controls for ETFs - independent advisor unpicks the details, implications
Candice Paine, of PR Financial Services, unpacks the latest developments on exchange control regulations. Inward-listed Exchange Traded Funds and the controversial Regulation 28 are at the centre of this debate. A new circular allowed investors to diversify 100% offshore through ETFs - but this has been suspended. At stake are:…
BizBriefing: Regulating ETFs, Coronation outperforms, Tito muses over SAA, Sarb warning
Regulations surrounding the reclassification of inward listed instruments have been suspended. Coronation out performs, Mboweni mulls over SAA and Sarb worries about debt. Learn more about your ad choices. Visit megaphone.fm/adchoices
Property Talk: SA house prices; time to buy or rent?
In this BizNews Property Talk, property journalist Denise Mhlanga takes a look at what the latest property market research is telling us about property prices and the state of the property market - with snapshots of performance in the Western Cape, Gauteng and Free State. Denise also shares what the…
The Great Covid Debate
A special episode of the noontime webinar which features a debate on Covid-19 between PANDA co-founder, actuary Nick Hudson; and SA and UK academic and HIV/AIDS activist Prof Alan Whiteside. In a recent interview - Whiteside referred to the drafters of the Great Barrington Declaration as misguided idiots. Hudson, whose…
BizBriefing: Prosus prospers, ANC angers unions, High court slams gavel on dodgy oil sale
Prosus prospers during the pandemic, ANC angers unions and High court bangs the gavel on SA's infamous 2015 oil sale. Learn more about your ad choices. Visit megaphone.fm/adchoices
Electronic voting in SA: the outcry, what's next - experts
As the chaos in the US continues, amendments to South Africa’s electoral laws to allow for electronic voting have been under consideration at a portfolio committee in Parliament. It has led to an outcry from civil society and the public, with1,200 written submissions. Following this, it was agreed that the…
What's next for the Rand, SA after ratings downgrades - Forex expert Andy Rissik
South Africa is junk status among international credit ratings agencies. In this interview with BizNews editor Jackie Cameron, Andy Rissik - MD of Sable International's Forex Division - tells how the downgrades took the markets by surprise. He explains how the decisions affect South African consumers and shares his updated…