BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
BizBriefing: SA investment blow, jet setting officials exposed, crypto asset regulation
South Africa has fallen deeper into junk territory after Moody’s Investors Service joined Fitch Ratings in lowering the country’s credit ratings. Former Absa CEO Maria Ramos and her husband, former finance minister Trevor Manuel, have been named among former officials and spouses who are flying around the country at a cost…
Offshore investing from your SA armchair
The dramatic changes opening up the world for your retirement funds are in focus in Jackie Cameron’s Finance Friday this week. Jackie discusses this with expert guests including Magnus Heystek, of Brenthurst Wealth Management, and Gareth Leonard of Netto Invest. Learn more about your ad choices. Visit megaphone.fm/adchoices
Inside Covid-19: Vaccine race; SA’s PANDA goes global; pandemic damages, scars minds
In this episode of Inside Covid-19, we look at whether pharmaceutical companies can make enough Covid vaccines. We also pick up with actuary Nick Hudson, who shares how SA-grown Panda has transformed into a global organisation, with the experts behind the Great Barrington Declaration on their advisory board. Panda is…
Are Universities and TVET colleges fit for the high unemployment economy of SA?
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…
BizBriefing: Jacob Zuma recusal bid denied, ABSA profits plummet, Cheques obsolete
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
Zuma, corruption and state capture: Latest developments at Zondo, what's next for Zuma - The Editor's Desk
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…
Inside Investing - RA breakthrough; overlooked 4Sight; why Anchor Capital leaving; IRR raining on Cyril's parade. Ep 10
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…
BizBriefing: Santam hospitality insurance blow; excon lifts for ETFs; CR speaks to Biden; Tesla soars
* 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…
Watershed case for tourism & hospitality as court rules against Santam
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…
HIV-prevention injection provides new hope for SA women, and the fiscus – Wits Prof Sinead Delany-Moretlwe
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…
SA investor-unfriendly, with dark clouds of expropriation hovering over investment conference
'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…
Wierzycka, Heystek on revolutionary change for SA savers - retirement funds' 30% foreign cap removed
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…
BizBriefing: BLA settles Malema spat; Covid-19 deaths; SA fibre; BRICS Summit; Sipho Maseko-Eskom
*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…
How 3 jobless women launched successful businesses in SA during lockdown
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…
O’Sullivan on fight against corruption: We’re ‘far too soft’ on Myeni, Magashule & friends
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…
BizBriefing: Opec+ not positive; Vodacom; Zondo; US rally on Moderna vaccine
* 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…
Valenture Institute partners with St Stithians in ‘revolutionary’ high school model
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…
BizBriefing: World applauds Ace reckoning; Teflon Zuma; Choppies back on JSE; Rand; Eskom green plan
- 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…
How Discovery is helping members prepare for the Covid-19 vaccine - Dr Noluthando Nematswerani
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
BizBriefing: Unemployment rises; European investment delays, DA stung; Multichoice, Mediclinic; Zuma, Magashule appear
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…