BizNews Radio (OLD)
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Another rand/stock bloodbath; No civil service increases; SA won't run out; Political party unity; SA Express flights
In today's business headlines: - The Rand and stock market in South Africa tumbled again yesterday with the currency sinking to a four-year low, while stocks dropped to 2013 levels and bond yields spiked. Platinum miners were the worst hit; - Wage increases for South Africa’s 1.3 million civil servants…
Recession proof strategy: OrbVest shrugs off Coronavirus.
In this special podcast, OrbVest CEO Martin Freeman explains why the company is thriving in the current environment. While valuations in most other sectors have tanked, the slice where OrbVest focuses - medical sector properties in the USA - is shrugging off a coronavirus-induced economic recession. OrbVest has actually experienced…
The SA women smashing science stereotype - Neuroscientists Rachael Dangarembizi and Ursula Rohlwink
The Neuroscience Institute in Cape Town linked to Groote Schuur Hospital that secured a place in history with the world’s first heart transplant is a forward thinking institute aimed at ensuring that science in Africa does not get left behind and is adapted to suit the continent. It is a field…
SA political parties present a united front on tackling coronavirus
The South African Parliament is the last place that you would regard as a bastion of decorum and unity with constant bickering and interruptions, with the EFF using it as a platform for grandstanding. Many South Africans also appeared to have adopted the 'everyone for himself' attitude as people stockpiled…
The Journal: The race to cure coronavirus
Pharmaceutical companies are rushing to find drugs that can treat people infected with the coronavirus. The Wall Street Jounral's Joseph Walker explains which treatments are furthest along, and Dr. Andre Kalil, a researcher running one of the drug trials, talks about what's at stake.
Covid-winners: SA retail stocks, rebars replace gold, new billionaire; interest rates; Zim closes borders
In today's headlines: * A rush by worried South African shoppers to stock up on food and vital supplies spurred sharp gains in Johannesburg retail stocks Tuesday, after President Cyril Ramaphosa declared a national disaster because of the coronavirus outbreak; * Eric Yuan, the founder of Zoom Video Communications, has added…
Claudius van Wyk: Practical ways to boost immunity, protect against Coronavirus
In this special podcast, Dr Claudius van Wyk, a globally acknowledged expert in holism uses the philosophy to recommend the best way to address the Coronavirus. He revisits principles pioneered by the late polymath, SA prime minister and Oxford University chancellor, Field Marshall Jan Christiaan Smuts, to suggest ways of…
Our Coronavirus correspondents, the Cronjes, home in SA - seek return to China soonest
Over the past month and a half we've had a couple of fascinating interviews with Durban teachers Gary and Andy Cronje while they were in the heart of Coronavirusland. Getting home - on their own steam - was quite a challenge, but they did so primarily for economic reasons as…
Old Mutual exec Andrew McPherson - testing positive, living with Coronavirus
In a refreshingly frank discussion from this week's Rational Radio, Old Mutual's Andrew McPherson recounts his movements ahead of contracting Coronavirus, and how his life has changed since he tested positive. The head of Balance Sheet Management at the large financial institution strongly supports president Cyril Ramaphosa's drastic steps to…
Coronavirus lockdown: JSE plunge 'worst on record', global economy in crisis; Naspers; Sun International; Domino's Pizza
In today's news headlines: * South Africa’s benchmark stock index plummeted the most on record after President Cyril Ramaphosa’s declaration of a national state of disaster over the coronavirus outbreak stoked investor concern about its impact on an already fragile economy; * The SA economy is set to shrink to…
David Shapiro on Coronavirus: SA has gone mad, but so has rest of the world
On another day when share prices on the JSE took a pummelling and panicking South Africans emptied shop shelves, SA's favourite market commentator David Shapiro applies his mind to the root cause, the ever spreading Coronavirus. His conclusion: the world has gone mad, with people dumping assets as though Armageddon…
Rational Radio 16 March: Coronavirus fever hits SA; plus Estate Duty ripoff
A focus on Coronavirus in this week's episode of Rational Radio as market commentator David Shapiro shares his thoughts on the latest developments and we also chat to Old Mutual exec Andrew McPherson who has tested positive for COVID-19 and our regular correspondents, previously China-based teachers Andy and Gary Cronje,…
SA coronavirus lockdown; Cosatu wants payment holidays; Sasol plans; Petrol bonanza
In today's business headlines: - The government has announced strict measures including travel bans, school closures and a ban on large gatherings to combat the spread of the coronavirus in South Africa. It comes as the official figure of positive cases rose to 61; - Cosatu has called on the…
President Cyril Ramaphosa announced a major lockdown of South Africa to combat coronavirus
The measures announced tonight by President Cyril Ramaphosa include travel bans on foreign nationals to South Africa from several countries, and a ban on travel to the EU, US, UK, China, Iran and South Korea. 35 of the countries land ports will be shut from tomorrow and non-essential domestic travel…
Inspirational: Window to HIV reality - experiencing Yabonga, a lifeline for 1,200 kids
It took a year and a half to close the loop on my Yabonga experience - but as you'll hear in this absorbing podcast, it was worth the wait. After a London interview in November 2018 with Ursel Barnes, co-founder of this extraordinary organisation, she offered to show me what…
Market chaos: Forget coronavirus, worry about passive investing
While the coronavirus can take credit for much of the volatility we’ve experienced on the markets lately, it’s not the only issue. For years, the steady rise of passive investing may have been creating unexpected and important financial market vulnerabilities. In this podcast, featuring content from the Bloomberg Odd Lots…
David Barnes: From cancer survivor to sparking UCT's Neuroscience Institute
Although he spent years at the top of SA's financial services tree, co-founder of the mighty Coronation David Barnes always let others do the public stuff. So this is a rare interview, only the second with Barnes in more than two decades of engagement. In it he shares a deeply…
The Journal: The day coronavirus became a pandemic
The World Health Organisation has made it official: The new coronavirus is a global pandemic. The Wall Street Journal's Brianna Abbott, Margherita Stancati, and Ben Cohen explain why the crisis is escalating and how it's rippling through the world.
JSE freefalls with world markets; Sasol wipe-out, future plans; Damning PIC report; SA's flown from Wuhan
In today's news headlines: * The Johannesburg Stock Exchange lost almost 10% of its value, the worst crash since 1997; * Sasol has indicated that it would consider raising funds by selling additional shares and disposing of more assets amid growing concerns about its debt levels after the disastrous events…
WSJ What's News: US imposes EU travel ban, NBA suspends season plus Tom Hanks and wife contract coronavirus
President Donald Trump announced a temporary ban on some travel from Europe into the US, along with economic stimulus measures. From Europe, Noemie Bisserbe, Bojan Pancevski, and Margherita Stancati. Plus, the NBA suspends its season after a player tests positive for the coronavirus, and Tom Hanks and his wife are…