In his weekly dose of commentary on local, regional and international politics, United Independent Movement (UIM) President Neil de Beer analyses the Freedom Front Plus move to shun the Democratic Alliance (DA) in favour of the African National Congress (ANC) in Oudtshoorn. He describes the FF+’s Corné Mulder as “a…
BizNews Editor Alec Hogg provides context on the big stories. In this episode, there's a special focus on the shock political divorce and what the Namibian oil and gas rush means for South Africa's Western neighbour. Also, there's a tribute to the late Robbie Venter.
Operators of illegal military training camps risk losing everything. This is the warning from Private Security Industry Regulatory Authority (PSiRA) CEO Manabela Chauke. In this interview with BizNews, he says: “…should you be found guilty, you can even have everything forfeited to the State, including the farm that you're using.”…
Top-ranked money manager Sean Peche is revelling in the current volatile stock markets with the turbulence “throwing up innocent bystanders” - stocks that can be nabbed at bargain prices. Among his favourites is a North American beer business run by a group of financially conservative South Africans who learned their…
Corné Mulder shares the reasons why his FF+ broke its longtime alliance with the DA, creating a fresh governing coalition with the ANC in the Western Cape town of Oudtshoorn. Mulder, the longest-serving member of South Africa’s Parliament, argues that in an era where the biggest political party has just…
With many students considering overseas study, Brent Morris, Managing Director of Study Abroad for Sable International, advises parents to prioritise post-graduate study for their children as a more affordable option. In an interview with BizNews, Morris explained that this pathway often leads to higher employment success, as postgraduate students typically…
After three decades as the DA’s fast friend and a self-described ‘reliable partner’, the FF+ has switched sides in the long-troubled Oudsthoorn local government. The FF+’s three seats were a critical block in a 25-seat council, where the ANC and DA each have seven seats. According to the FF+, former…
In this discussion, Alec Hogg speaks with Mitchell Fieldgate of Pangea Wealth and Luel Culwick of Decentral about the success and future of South Africa's 12B tax incentive, which encourages private sector investment in solar energy to mitigate load shedding. The 12B incentive offers substantial tax deductions—up to 222%—for investments…
With stock markets tanking around the world, including a 12% plunge in Japan today, things are relatively calm on the Johannesburg Stock Exchange. At times like this, a house like Foord Asset Management is a go-to source, given its top priority is “don’t lose money”. Portfolio manager Nancy Hossack explains…
Four months ago, two top lawyers - who had cracked open the Corruption Mafia at Fort Hare University - were arrested by 20 heavily-armed military style police and jetted off to the Eastern Cape. One of them, Sarah Burger, was left in a jail cell for six days without access…
Democratic Alliance (DA) Federal Chair Helen Zille “has a plan with the GNU and the GNU clearly has no counter plan for Helen Zille”. So says Neil De Beer, the President of the United Independent Movement (UIM). In this interview with BizNews, he states that it is “plain and simple”…
In an interview with BizNews, Deputy Minister of Trade, Industry and Competition Andrew Whitfield shared his vision for revitalizing South Africa’s economy and enhancing its relationship with the United States through the African Growth and Opportunity Act (AGOA). Emphasizing the critical need for data-driven policies and robust intergovernmental collaboration, Whitfield…
In South Africa, families with children who have cerebral palsy face significant challenges in providing adequate care, often resorting to carrying them on their backs due to the scarcity of proper mobility aids. The Boikanyo Foundation, founded by Dion Herson, is dedicated to addressing this issue by providing renovated, specialised…
Former Comair and OneTime CEO’s autobiography ‘Crash and Burn’ provides a fascinating insight into a career in South Africa’s highly visible, ever-turbulent airline industry. In the book, a filter-free Orsmond rips the bandaid obscuring truth behind the spectacular collapse of 70-year-old airline Comair - and much more. BizNews editor Alec…
In our regular wrap of the past month’s performance of investment markets, Corion’s David Bacher explains why history may show the past 31 days were a major watershed, with value-driven investments taking over from growth. He unpacks the implications of a Great Rotation, which would help South African equities and…
Vinny Lingham discusses Bitcoin's different futures under Trump vs. Biden, predicting significant impacts on the cryptocurrency's value. He anticipates US interest rate cuts in December, criticizes South Africa's investment climate, and highlights his focus on conscious health and nuclear power as key investment themes, including fish farming with SeaTopia.
Riots broke out in Venezuela following the presidential election on Sunday. BizNews spoke to one of South Africa's election observers there. In this interview, Madala Masuku, the Deputy SG of the South African Communist Party (SACP), gives a detailed explanation of the election system that is both electronic and manual,…
A not-guilty verdict was handed down today for South African Police Services (SAPS) Whistleblower Patricia Morgan-Mashale - after almost two years of threats to her life liberty. This after she had been accused of spreading false allegations, circulating WhatsApp messages, and defamation. In this interview with BizNews, she goes into…
SA’s Government of National Unity faces a major stress test after oil major Total yesterday announced its exit from a highly prospective gas field off the Southern Cape coast. The French multinational and its partners had already invested R8bn in exploring the field, around 10% of the total investment to…
30 Jul 2024 7AM
17 min
1100 – 1120
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