BizNews Radio (OLD)
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
David Shapiro on Steinhoff's Heather Sonn and the drawn out investigation; plus a slow fashion pick up
Heather Sonn, chairperson of Steinhoff shows integrity as she steps down from the board after acknowledging she was unwittingly involved in irregularities two years ago. But the bigger question is why is this investigation taking so long? Biznews founder Alec Hogg dives into the Markus Jooste leftovers with South Africa's…
Covid-19 expected to peak in SA from July, 40k deaths; new China lockdown; Bitcoin; platinum coins; Ninety One
In today's news headlines: * Health minister Zweli Mkhize has moved to quash optimism that the Covid-19 lockdown is going to be fully lifted any time soon. The rate of new coronavirus infections in South Africa has to slow in line with World Health Organisation guidelines first - and his team…
Covid-19 lockdown to level 3 – soon, school in June, SA faces ‘humanitarian crisis’; SA Express
In today's news headlines: * As South Africa enters its 55th day in lock down, government has announced plans to open schools in June, starting with grades 7 and 12; * Health Department Acting Director General Anban Pillay says many parts of the country could move to alert level 3…
Grades 7, 12 back to school 1 June; 1,577 schools vandalised during lockdown - Motshekga
Basic Education Minister Angie Motshekga announced that all schools in the country, including the independent schools in the metropolitan areas will resume from the 1st of June in phases, starting with Grades 7 and 12. Teachers will arrive on the 25th of May and a new school calendar for the…
How the world sees SA: ANC internal politics trumping science, economics. Investors "very worried" - Eurasia Group
London-based Darias Jonker is leading global political risk consultancy Eurasia's director for Africa. In this insightful podcast, Jonker explains why multinationals who have operations in SA and foreign portfolio investors in the country's stocks and bonds are "very worried" at a continuation of the lockdown and the damage it is…
Restaurant sector, currently in ICU on a ventilator, will die if we must wait for Level 1 - Ocean Basket's Grace Harding
Alec Hogg speaks to Chief Executive of Ocean Basket and spokesperson for the Restaurant Collective, Grace Harding, about South Africa's strict lockdown and the enormous strain which it has placed upon the country's restaurant industry. From banks to landlords, Harding discuses the different responses and levels of support the restaurant…
SA taxpayers may have to pay the price of cigarette ban - UCT Prof Corné van Waalbeek
Professor Corné van Walbeek, director of the research unit of the economics of excisable products at the University of Cape Town, has done extensive research on how the ban of cigarettes has affected South Africa. The good news is 16% of smokers have quit, but the bad news is while…
Inside Covid-19: First successful vaccine; DA tackles lockdown "irrationality"; Prof exposes cig "disaster". Ep 35
A bumper edition of Inside Covid-19 with good news as the first human coronavirus vaccine tests deliver promising results while other medical treatments are being uncovered at a rapid clip; DA leader John Steenhuisen explains why SA’s official opposition political party is going to court to stop what it calls…
First Covid-19 vaccine 'works well' - US scientist; 80,000 businesses could go bust in booze ban - Distell; Sasol
In today's news headlines: * The first coronavirus vaccine to be tested in people appears to be safe and able to stimulate an immune response against the virus, its manufacturer, Moderna, announced on Monday; * As of late Monday, the total number of confirmed Covid-19 cases in South Africa had…
SA's own Sheldon Cooper, home-schooled Pretoria whizkid Hjalmar Rall heading for quantum greatness
South Africa seems to have its own Sheldon Cooper. Like the physics genius from The Big Bang Theory fame, Pretoria youngster Hjalmar Rall graduated with honours in physics in his teens, he reveres Prof Richard Feynman and hope to one day be top in his field. Home-schooled after getting bored…
Top economist on why it’ll take years to recover from Covid-19
As we emerge from our homes, blinking in the light and ready to get back to work, everyone is asking how quickly our economies can recover from their Covid-19 crunches. Some believe that recovery will be rapid as restrictions ease and that we can quickly resume our previous levels of…
Cigarette ban 'spectacular failure'; extra cash for every EC job saved; grounded SAA guzzles R10bn; SA on UK rich list
In today's news headlines: * The cigarette ban a ‘spectacular failure’, with nine out of 10 smokers breaking the law during lockdown and the illicit trade flourishing, UCT research finds; * The Eastern Cape plans to offer employers R10,000 for every manufacturing job saved; * SAA continues to suck up…
The Kolisi Foundation tackling Covid-19 induced hunger
The captain of the Springboks Siya Kolisi is a man known for humility and he knows just what to say in the big moments. With food and hunger, and the needs of so many poor communities increasing due to the lockdown in South Africa; he is again in tune with…
DA to fight ANC in court over Covid-19 restrictions; most new Covid-19 infections in WC; MTN; Comrades Marathon
In today's news headlines: * The Western Cape now has more than half of the 12,074 confirmed cases nationwide and in recent days contributed about 90% of new infections, according to the government; * The Reserve Bank is expected to cut interest rates next week, in a move aimed at…
Tongaat Hulett CEO Gavin Hudson is hopeful on Barloworld's bitter blow to R5.35bn deal
Gavin Hudson, the Chief Executive of Tongaat Hulett, discusses the recent ‘standstill’ of the transaction between Tongaat Hulett and Barloworld due to the latter’s call of a material adverse change (MAC) event for the full year due to Covid-19. Hudson expresses his disbelief that such a MAC event is present…
Inside Covid-19: Cyril speech highlights; Vitality clarity on Comair flights; Levitt's SA scorecard. Ep 34
In episode 34 of Inside Covid 19, we have highlights from Cyril Ramaphosa's address on the easing in South Africa's lockdown regulations; answers for the millions of Vitality members wondering whether Comair going into business rescue means the end of their cheap flights; South Africa’s only living Nobel prizewinning scientist…
CR: lockdown to ease by June, but you still can't buy ciggies, flipflops; Patel clothing farce; property price plunge
In today's news headlines: * President Cyril Ramaphosa has announced that the lockdown is expected to ease further by the end of May. He apologised for government short-comings but stopped short of allowing South Africans to buy cigarettes, booze and flipflops; * The Democratic Alliance has urged the president to…
President Cyril Ramaphosa admits to mistakes as changes will be made to current level 4 lockdown restrictions
President Cyril Ramaphosa says that most of the country will be placed on alert level 3 at the end of the may following a consultation process with stakeholders, but certain hotspots that have the highest rates of infection will remain on level 4. Mr Ramaphosa said there will also be…
From horses and clouds to quality stocks Prosus, Salesforce and Amazon - David Shapiro goes global
In the volatile global markets, induced by the coronavirus pandemic, SA’s favourite market analyst David Shapiro fields questions about Sasol, Telkom, the popularity of Prosus and companies in the 5G environment. Shapiro himself has taken a bet on Salesforce.com, which for him ticks all the right boxes on 5G, ESG,…
Covid-19 the straw that broke the horse's back - Racing Association's Mike de Kock and Charles Savage
Directors of the Racing Association, Mike de Kock and Charles Savage, discuss the devastating impact of Covid-19 on the horse racing industry in South Africa, the thousands of livelihoods which depend on the resuscitation of the industry, the impending demise of the sport in South Africa and the necessary steps…