BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Fallout of Musk’s Tesla pay defeat: Investors gain tools, CEO pay benchmark nullified - Jeroen van Kwawegen
In a landmark ruling, a Delaware court cancelled Elon Musk’s $56 billion Tesla compensation package from Tesla following a lawsuit by a shareholder who argued that Musk’s pay package was excessive - an argument that found favour with the judge. These implications of the court case are far-reaching for companies…
Portugal still ‘top of the pops’ for Golden Visa despite rule changes - Andrew Rissik
The Portugal Golden Visa has long been a sought-after option for non-EU citizens, including several South Africans, looking for residency abroad. Launched in 2012 by the Portuguese government, the program aimed to attract foreign investment. However, concerns about escalating property prices led to changes in the Golden Visa’s rules. In…
ANC elites use ‘land restitution’ to capture mineral riches on ancestral land…
Land Restitution consultant Jan Wessels shares an “uber truth” in this powerful interview where he exposes one of the ugliest of the ANC’s dirty secrets. He claims the political party’s top dogs have long applied a deliberate strategy through the ‘land restitution’ process to capture rich mineral wealth on ancestral…
SA’s City of Hope - Mayor GHL on the rise and rise of Cape Town
In December, 317,000 international visitors landed in Cape Town, a record for a single month. The multiplier effect on the local economy of so many visitors spending hard currency is enormous, supporting a virtuous cycle confirming good governance’s dividend. The city’s executive mayor, Geordin Hill-Lewis (37), fresh from a mini-speaking…
Portugal still ‘top of the pops’ for Golden Visa despite rule changes - Andrew Rissik
The Portugal Golden Visa has long been a sought-after option for non-EU citizens, including several South Africans, looking for residency abroad. Launched in 2012 by the Portuguese government, the program aimed to attract foreign investment. However, concerns about escalating property prices led to changes in the Golden Visa's rules. In…
Peregrine’s Conradie: Home run with AI in ’23 - SA, China and stock picking for ’24
After delivering double the stock market’s returns for investors last year, for 2024, South Africa’s oldest and largest hedge fund is excited about opportunities in its backyard. In this review of Peregrine Capital’s annual Investor Letter, CEO Jacques Conradie looks back to another stellar year (helped by Meta….) and looks…
Corion’s Bacher wades into Cricket SA over Teeger: “Grow some balls….”
Although best known nowadays for his investment prowess, Corion co-founder David Bacher also possesses a deep cricketing pedigree. In this month’s analysis of the markets, he applies analogies from the sport - and concludes by posing pointed questions to Cricket South Africa’s hierarchy over its “firing” of national Under19 captain…
Winning the Away Games: Bob Skinstad chats to successful Telecom exec Ettienne Brandt
Join host Bob Skinstad in a captivating conversation with Ettienne Brandt, an accomplished telecom executive who made the leap from the UK to the U.S., now spearheading Frontier Communications in Dallas, Texas. Ettienne shares his incredible journey – from humble beginnings in Port Elizabeth to managing a $10.5 billion P&L…
Death and Despair in Durban
A young woman with a bucket shot dead in a queue for water at a communal water tank in a dispute over water….She will forever stand as a symbol of just how bad the water crisis in the Durban area has become. Speaking to BizNews, Democratic Alliance (DA) Councillor Nicole…
Pringle Bay wildfires: Amidst arson suspicions, community resilience mirrors fynbos – Mayor Annelie Rabie
Firefighters have been battling raging fires in multiple areas of the Western Cape. The worst hit are Pringle Bay and Betty’s Bay, where the fires prompted precautionary evacuation notices. In an interview with BizNews, Overstrand Mayor Annelie Rabie recounted how overstretched firefighting teams in the area were as they battled…
SA’s top banks analyst on Hamas allegations, Sanlam’s Indian “Tencent” and Assupol
Four times rated the world’s top investment analyst of financial companies, Kokkie Kooyman stands head and shoulders above his local peers, so he is our obvious go-to guy for context on accusations that three local banks have badly misbehaved. In this fascinating interview, Denker Capital’s co-founder provides context on the…
Duduzane Zuma: Vociferously “pro-business” - the fix SA desperately needs
Former SA president Jacob Zuma’s son Duduzane is jumping into the political fray with a novel message for one from a hard-boiled ANC household - it’s business, not politics, that holds the key to a successful South Africa. Zuma Jr - who has formed his own party All Game Changers…
André de Ruyter: More Truth to Power
No-one shone a brighter light on the corruption at ESKOM than former CEO André de Ruyter who had to leave South Africa for his own safety. Speaking to BizNews from the United States, he says the corruption at ESKOM continues “by and large unabated” - enabled by the procurement policy…
David Shapiro - Stark contrast between Evergrande disaster and sublime ASML
South Africa’s favourite stockbroker, David Shapiro, is in full flight here, providing context on the two big investment stories of the week - liquidation of China’s gigantic property developer Evergrande and continued rise of the world’s chipmaking colossus ASML. The discussion with BizNews editor Alec Hogg shows the stark contrasts…
Investors eyeing policy paralysis, Eskom, Transnet & debt sustainability ahead of SA elections - Langelihle Malimela
As South Africa gears up for its national and provincial elections, which are set to take place sometime between May and August, global and local investors are closely monitoring their impact on the country’s policies. In an interview with Biznews, Langelihle Malimela, Head of Country Risk: Sub-Saharan Africa, highlighted concerns…
Election 2024: ANC “very difficult” to beat & Zuma could get 10%
It’s going to be “very difficult” for the ruling African National Congress (ANC) to lose national power in the upcoming election; former President Jacob Zuma “is capable” of getting 5 to 10% nationally; and smaller parties in the Multi-Party Charter face an uncertain future. This has emerged from an interview…
UJ Prof. Theo Venter dismisses ‘No link to Zuma’ and points to KZN ANC ranks as 2021 riot architects
The Human Rights Commission (HRC) conducted an investigation into the riots of July 2021 and found no direct link to the incarceration of former President Jacob Zuma. The report indicates that the widespread looting and property destruction were orchestrated by well-resourced ‘primary actors’ whom they did not identify. The HRC…
Taking ancient African game tracking skills to help businesses - Alex van den Heever and Renias Mhlo
Alex van den Heever and Renias Mhlongo are world-renowned wildlife trackers. Their story of how they overcame trust issues and became a unit despite vastly different background, was penned in the book, Changing a leopard’s Spots. Since the publication of the book, they have been invited around the world to…
ICJ judgement – and SA’s chief rabbi names and shames four big corporates
The story on the ICJ judgement is taking on a life of its own which may not work out so well for four large South African businesses – MTN, Nedbank, Standard Bank and Absa. Over the weekend, the chief rabbi of South Africa, Warren Goldstein, made some serious allegations against…
Polarising stance on Israel vs Hamas is hypocritical, we remain committed to Western partnerships - Mmusi Maimane
The leader of Build One South Africa (BOSA), Mmusi Maimane, recently concluded his visit to the United States, where he engaged in discussions with senators, and esteemed institutions such as MIT and Harvard, and connected with South African expatriates in Boston. In an interview with Biznews, Maimane emphasised the US’s…