CEO of Linebooker, Naude Rademan, discloses that in some sectors the rail crisis at Transnet has led to a trebling in transporting of goods by road. This has had a severe impact on border posts, hubs like Richard’s Bay, ports generally and South Africa’s road infrastructure - with many red…
South African ports have been grappling with high levels of congestion and long queues of trucks waiting to enter the ports, which has now reached crisis proportions. To deal with the congestion in Richards Bay, Transnet has suspended processing trucks carrying coal. In Durban harbour, more than 70,000 containers are…
On Sunday, Argentines broke the political mould when 56% of them voted for a Libertarian to become the president of a proud nation with a broken economy. In this honest assessment of new president Javier Milei’s challenges, top SA money manager Piet Viljoen explains how Argentina got to a place…
There are strong signs that the youth of South Africa is emerging from its apathy to take part in next year’s general elections. This after a surge of voter registrations the past weekend by people under the age of 40. The Independent Electoral Commission’s (IEC’s) Manager in Electoral Matters, James…
Numerous studies highlight the pivotal role of fibre broadband connections in fostering economic growth in emerging markets. In South Africa, the rollout of fibre has worked well in leafy middle-class suburbs but for 60% of the population that is not a reality. Two companies leading the charge in bringing fibre…
With May 22 the most likely date for the big vote, South Africa’s watershed 2024 national election is now just six months away. A change in government, implausible a few years ago, is now a distinct probability with the gap between the two leading parties shrinking fast. On Friday night,…
Corruption Buster Paul O'Sullivan has revealed how a Hawks police officer and a senior State Prosecutor “filled out their own arrest warrants” when they completed and signed hunting permits for a weekend with a fraud accused. He speaks to BizNews following their appearance in court - and his safe return…
After being wiped out by the March 2019 COVID lockdown, serial entrepreneur Zuziwe Maphalala dusted herself off and started again with a grubstake of R2 000. The ’Kasipreneur listened closely to customers in her modest grocery - and the result is an innovative, successful and scalable concept she has branded…
In bustling Covent Garden in London, Paul van Zyl, originally from South Africa and former Executive Secretary of South Africa’s Truth and Reconciliation Commission (TRC) and his co-founders, have established The Conduit. This private members’ club is dedicated to uniting the world’s brightest minds in a social enterprise committed to…
Traditional financial planning focuses on investments, pensions, tax or insurance and aims to optimise the individual components to achieve financial goals. In contrast, holistic financial planning takes a more comprehensive and strategic approach. In this interview with Biznews, Claire Moorhouse, a wealth Manager at Overberg Asset Management outlines the benefits…
After an illegal - and costly - strike of almost four months, Tshwane is pulling back from the brink of collapse to get back looted money and crack down on lawlessness. The MMC for Community Safety Grandi Theunissen of the Freedom Front details the steps being taken to return stability…
Demographic change is a pressing issue facing organisations today. Early retirements, coupled with what Harvard Business Review describes as a caustic blend of ageism and cost-cutting measures, led to many businesses prematurely parting ways with older workers during the pandemic. When these seasoned employees left, they took with them a…
Nikki Munitz admits she did expect her autobiography ‘Fraud’ to be a hit, if only because of its sheer shock appeal. But the recovering addict who grew up in a dysfunctional Jewish home, stole millions and served time in an overcrowded South African prison says its tell-all approach has had…
Often referenced when sporting buffs debate the greatest to never play Test Cricket, now 75, gentle giant Vince van der Bijl’s life of service continues apace. The ‘white stokvel’ he helped start during Apartheid South Africa’s darkest days has grown into powerful catalyst for social change. Its flagship is in…
In the Vhembe district of Limpopo, one of South Africa's poorest provinces, a non-profit organisation named Sumbandila Scholarship Trust was established with a mission to identify children who are exceptionally bright, particularly in maths and English, from poor rural homes. Many of them were slipping through the cracks of South…
To curb the flow of gold and oil-funded resources to Russian President Vladimir Putin’s war chest, the UK government has targeted individuals, companies, and organisations that are aiding in funding Putin’s operations. They have added 29 new names to their sanction list, including Howard ‘Howie’ Baker, a key player in…
Airline entrepreneur Miles van der Molen shares an insider’s perspective of the local aviation sector where SAA continues to fly despite losing a bundle (so who’s funding it?) and how, despite having less than 10 aircraft, the State-owned airline wants to open a route to Brazil. Cemair’s founder and CEO…
Small modular nuclear reactors have long been utilised by the US Defence Department in aircraft carriers and submarines. Now, a consortium led by South African venture capitalist André Pienaar aims to introduce mini nuclear reactors to South Africa. In an interview with Biznews, Pienaar, the Founder and CEO of C5…
Mystery surrounds the identity of the “secret” funder of the Smart Meter programme of Electricity Minister Dr Kgosientso Ramokgopa. The Democratic Alliance’s (DA’s) Shadow Minister of Electricty Samantha Graham-Maré has been struggling for months to get answers. Graham-Maré points out that Smart Meters were touted quite early on in Ramokgopa’s…
Fears are growing that some of the missing billions from South Africa’s latest Ponzi scheme could have been sent out of the country. BizNews has been receiving information on off-shore companies linked to the BHI Trust of Craig Warriner. There also appears to be network of at least 11 special…
8 Nov 2023 7AM
15 min
1480 – 1500
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