BizNews Radio (OLD)
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
SA to face 5 tough years - SA Reserve Bank warning; banks brace for big losses; SAA in ICU; Woolies warning
In today's news headlines: * South Africa stands to lose five years of potential economic output due to the shock from the coronavirus pandemic and measures to curb its spread, warns the Reserve Bank’s lead economist; * Most South Africa banks are are likely to report losses in the next…
Lockdown's burden of proof extremely high - PANDA's Russell Lamberti
Russell Lamberti, founder of investment advisory firm ETM Macro Advisors and part of a concerned group of economists, actuaries and data specialists operating under the PANDA (Pandemic ~ Data and Analytics) banner, is very skeptical about the effects of an extended lockdown and questions whether the decision was based on…
Why Tiger Brands went from darling to dread for value investor Piet Viljoen and his take on SA's Venezuela path
Piet Viljoen of RECM, known to many as one of the last purists out there in respect of value investing, engages in an interesting discussion with Biznews editor-in-chief Alec Hogg about Tiger Brands’ decline and massive brand erosion over the last decade due to the poor acquisition strategy the company…
Inside Covid-19: R249pm medical aid for 1.2m household workers; Black tobacco farmers say Govt supporting crooks. Ep 39
In episode 39 of Inside Covid-19, Discovery and its partners combine to provide a R249 per month medical aid for 1.2m household workers; an emotional chairman of the country’s black tobacco farmer association who says his members are being put out of business by a Government whose cigarette ban supports…
SAA June take-off confusion; Covid-19 hammers Absa, Netcare; PetroSA circles Sasol; diesel rations; Distell
In today's news headlines: * SAA is set to take off again. It aims to resume domestic flights between Johannesburg and Cape Town from mid-June, it said on Tuesday*; * Absa bank has been hit hard by the Covid-19 shock to the economy, warning that bad debts have doubled; *…
Meet the Beast: From rugby field to virtual classroom
Affectionally known as Beast, Tendai Mtawarira uses his inherent characteristics of ambition and motivation to reinvent himself from sports icon to astute businessman. "The sports career is short-lived and sports people must plan for their career change as early as possible." Tendai himself has returned to full-time studies to be…
Disruptors vs disrupted - David Shapiro looks at forces driving the winners and losers
Facing backlash is nothing new for the outspoken market analyst David Shapiro and again there is no holds barred when he questions the competence of management in a discussion with Alec Hogg in the latest Biznews Rational Radio webinar. Shapiro admits it's been tough for SA Inc, but questions how…
Rational Radio 25 May: Disrupters vs Disrupted, Tiger Brands and Lockdown's 'burden of proof'
Biznews founder Alec Hogg hosts the weekly Rational Radio podcast hour, which is now recorded as a webcast to allow interactive engagement with Biznews Premium members. SA's favourite market watcher David Shapiro joined him as his regular guest. This week "Kasinomics" author and informal market specialist GG Alcock joined to…
Inside Covid-19: Iconic Dr William Haseltine's advice for SA; Logic from Actuarial Prof Roseanne Harris. Ep 38
In episode 38 of Inside Covid-19, we meet former Harvard Medical Professor William Haseltine, the HIV/Aids pioneer who has forthright suggestions on the steps SA should take to handle the pandemic; talk coronavirus with the super achieving Wits Prof Roseanne Harris who is about to become president of the International…
SA's Elon Musk gets set to make space history; troubled Tiger Brands to chop jobs; Distell; Rand
In today's news headlines: * South Africa’s most successful global tech entrepreneur Elon Musk - founder of electric car manufacturer Tesla is getting set for another historical step in his business journey. His space exploration firm SpaceX gets set to take US astronauts into orbit this week; * Food producer…
No country should count on a Covid-19 vaccine - former Harvard Medical prof William Haseltine
As South Africa moves to level three of the lockdown, President Cyril Ramaphosa told the nation that the early intervention in the Covid-19 epidemic did help to contain it, but until there is a vaccine available, the virus will continue to spread in the population. Biznews spoke to former Harvard…
CR: Level 3 lockdown from 1 June but hotspots closely monitored; booze allowed, no ciggies; Sasol; Hertz
In today's news headlines: * President Cyril Ramaphosa sets out how Covid-19 lockdown will be managed in the next weeks, with South Africa’s strict lockdown measures set to ease in June; * You'll soon be able to buy booze to drink at home, but cigarettes remain banned and restaurants will…
Level 3 Lockdown from 1 June; limited alcohol sales, no ciggies - President Cyril Ramaphosa
President Cyril Ramaphosa said the country will be moved down to level 3 of the phased lifting of the lockdown on the 1st of June. The President said that the government is concerned about the number of Covid-19 cases in Cape Town and the Western Cape and if the spread…
Covid-19 vaccine hopes and the bitter reality
There have been some promising early trials of various nascent Covid-19 vaccines, and many are hoping for a usable shot by year-end. In reality, however, we are in the very early days yet and promising early-stage trials are no guarantee of success. What’s more, the rollout of any Covid-19 vaccine…
50 minutes with John Steenhuisen - A moment of truth looms for Cyril Ramaphosa: Growth or pandered destruction.
A moment of clarity from John Steenhuisen who describes Covid-19 as the hill, but the economy the mountain. The leader of the Democratic Alliance reckons the real battle is still to come, and that if the president chooses policies promoting economic growth over pandering to the forces of state intervention…
Wits prof Guy Richards on potential Critical Care shortage; and kids back to school
At the beginning of the Covid-19 pandemic in many countries around the world; the worry has always been that countries' health services will be overwhelmed. In Italy and New York in the United States, there was a stage that the hospitals could not cope with the influx of critically ill patients…
Inside Covid-19: Expert insights into tough road ahead for SA; PMB's life-saving ventilators drowning in red tape. Ep 37
In episode 37 of Inside Covid 19, on a day when South Africa’s confirmed infections rose above 19,000, Discovery’s chief actuary Emile Stipp and Prof Guy Richards, a critical care expert from Wits, assess the country’s tough road ahead; we revisit the Maritzburg ventilator-making company and find out its offer…
SA Covid-19 cases nearing 20k, Groote Schuur in crisis, actuaries slam virus data; interest rate cut; Tsogo Sun
In today's news headlines: * Big jump in Covid-19 cases in South Africa, with the Ministry of Health reporting a total number of 19,137 cases and the death toll reaching 369; * GroundUp news agency reports that the number of Covid-19 patients at Groote Schuur Hospital, Cape Town is doubling…
Small Business Institute CE John Dludlu proposes risk adjusted approach to avoid economic catastrophe
The small business sector is widely seen as a life blood of the economy, and it is no different for South Africa. In an interview with Biznews editor-in-chief Alec Hogg, Chief Executive of the Small Business Institute, John Dludlu, laments the fact that when the country was moved from Stage…
Inside Covid-19: Small business says: Treat us like adults; 25% insurance premium rebated; Moderna. Ep 36
In episode 36 of Inside Covid-19, the Small Business Institute expects a major opening of the economy soon; Discovery Insure is rebating 25% of its members’ April premiums; We ask whether coronavirus killed open plan offices?; Donald Trump’s hydroxychloroquine endorsement gets another fan – Elon Musk; top global political risk…