In his keynote address at BNC#6 in Hermanus, Herman Mashaba - once a capitalist, now a politician - highlighted South Africa's upcoming elections, the most pivotal since 1994. He discussed his own journey from entrepreneur to mayor, emphasising his commitment to serving the nation. Focused on combating corruption and aiding…
In his keynote address at BNC#6 in Hermanus, Capitec CEO Gerrie Fourie detailed the bank's storied journey, emphasising early differentiation, client-centric culture, and digital innovation. Despite COVID challenges, they adapted, focusing on digital growth and expanding into emerging markets like townships. Their strategy includes diversifying into insurance and acquiring Mercantile,…
Billionaire Rob Hersov is under fire for lambasting business leaders and corporates whom he believes are appeasing the government. Leading the charge is Marc Lubner, the chairman of various notable corporate and humanitarian organisations. He says they are doing their “damnedest to bring about positive change while working with the…
In his keynote address at the BizNews Conference in Hermanus, SRF Chairman Dr Frans Cronje shed light on South Africa's evolving political landscape, emphasising the need for strategic analysis over simplistic labels like "positive" or "negative." Cronje delved into the country's economic trajectory, challenges faced by Eskom, and shifts in…
OUTA CEO Wayne Duvenage delivered an impassioned keynote speech at BNC#6 in Hermanus, highlighting the power of civil society in challenging corruption. He emphasised the need for co-governance, coalition governments, and active citizen participation to address critical issues like the failed E-toll scheme and the challenges facing cities like Johannesburg…
The BizNews Conference in Hermanus was kicked off by Annelie Rabie, Executive Mayor of Overstrand, who delivered a compelling opening address, showcasing the municipality's remarkable achievements and ongoing challenges. Despite facing rising Eskom costs, wage system constraints, and environmental disasters, Overstrand has maintained financial stability, receiving accolades for service delivery…
At the BizNews Conference in Hermanus, Democratic Alliance leader John Steenhuisen responded to some pointed questions from the audience, 500 of whom were in attendance. Delegates pressed him on the prospect of a post-election coalition between his party and the ruling ANC; the potential influence of Russia in the vote…
Local money managers are spoilt for choice in JSE-listed stocks with the ‘SA doom and gloom’ narrative and uncertainty about the pending National Election pushing prices to bargain basement levels. Among the most appealing is Fortress Fund, delivering a near 8% after-tax yield following its conversion from a REIT after…
In his keynote address to the BizNews Conference, leading South African entrepreneur Christo Wiese drew on the famous statement made almost a century back by then Prime Minister Jan Smuts who described SA as a country where things are never as good as they should be, but never as bad…
At last week’s BizNews Conference, political scientist RW Johnson explained why, for South African voters, facts are finally trumping feelings. Drawing on developments post-1994, especially within the African National Congress, the long-time Oxford Don argued the country has now reached a point where its politics has become ‘secular’ - the…
A “reverse take-over” of the ruling African National Congress (ANC) by former President Jacob Zuma’s increasingly popular MK party and the Economic Freedom Fighters (EFF) is “emerging as a possibility”. So says Ray Hartley, the Research Director of The Brenthurst Foundation. He speaks to BizNews following the release of the…
Alec Hogg and John Steenhuisen had a riveting interview after the DA leader's hard-hitting keynote speech at BNC#6, delving into South Africa's upcoming election chaos. The pair discussed the potential for socialist dominance, ANC discord, and the critical role of voter turnout. With global parallels and looming financial implications, this…
John Steenhuisen, leader of the Democratic Alliance (DA) and the opening keynote speaker at BNC#6, delivered a very simple message to delegates and attendees. It's the Multi-party Charter (MPC) versus the "Doomsday Coalition" of the ANC, EFF and MK party in South Africa's 2024 election. Steenhuisen highlighted the great work…
The African National Congress (ANC) reacted with anger when their candidate list for the May elections leaked due to what the Independent Electoral Commission (IEC) called an “internal glitch.” An ongoing investigation by the IEC aims to determine how this leak occurred. President Cyril Ramaphosa expressed his concern, stating that…
That is the belief of Mzukisi Makatse, the attorney who first blew the whistle on corruption at the National Lotteries Commission - and lost his job, his car, his house, the hope of marrying the mother of his three children…In this interview with BizNews, he describes how his life imploded…
Independent stock exchange Equity Express, which recently expanded to include bonds and debt notes, has rebranded to I-Ex - The Integrated Exchange - to better reflect its offerings. This interview with founder Anthony Wilmot explores how the independent stock markets have impacted the JSE, formerly a monopoly, and looks at…
Vice-Admiral Mondo Lubese, the head of South Africa’s Navy, recently threatened to sever ties with the arms manufacturer due to its failure to repair the Navy’s vessels. In an interview with Biznews, DA Shadow Minister of Defense, Kobus Marais, called it a bold statement by the Navy chief and expressed…
Activist and author Chuck Stephens of the Desmond Tutu Centre for Leadership sleeps with a loaded gun as he endures years of vengeful persecution since he blew the whistle on corruption in 2011. In this interview with BizNews, he describes what happened after he reported “nefarious activity” in the Community…
CubeSpace, a company that originated from Stellenbosch, has recently secured R47 million in venture capital funding to broaden its operations globally. The South Africa University Technology Fund is among its investors. Mike-Alec Kearney, the founder and CEO of CubeSpace, told Biznews in an interview that their products are endorsed by…
Those who have studied it say conclusions reached in National Treasury’s 600+ page forensic investigation into Eskom are deeply worrying. Including the immediate threat of an even more desperate electricity shortage should a couple of already dysfunctional water treatment plants tip over the edge. The IRR’s chief executive John Endres…
6 Mar 2024 4AM
20 min
1340 – 1360
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