Hundreds of volunteers of the National Sea Rescue Institute (NSRI) have worked day and night over the past two weeks to save lives and bring people and animals to safety in the worst storm surges and flash floods for decades. Craig Lambinon - who has been with the NSRI for…
Ranmore Funds founder Sean Peche is cementing his position among the top-performing 1% of global equity funds by disciplining himself to what guru Howard Marks called “second-level thinking”. In this masterclass on investing that self-helpers will appreciate at all levels of expertise, Peche shares the rational approach which has enabled…
Police Minister Bheki Cele and President Cyril Ramaphosa are protecting each other - and he has so much dirt on high-ranking ANC officials, that he can’t be sacked. This has emerged from an interview with Action Society’s Ian Cameron who says: “Well, I think they protect each other… And I…
When the Free Market Foundation’s co-founder Leon Louw was elbowed out of the organisation, many wondered whether it could survive without its long-time guide. Judging by the vigorous contributions of those who remain - and the energetic new CEO, David Ansara, those concerns are irrelevant. Last night Ansara delivered a…
Solidarity is gearing up the fight the African National Congress (ANC) government in court to stop it from “capturing” South Africa’s schools - and stripping parents of a say in the education of their children. BizNews speaks to Solidarity’s Johnell van Vollenhoven after a Parliamentary Portfolio Committee - in which…
In Namibia, there are only three people per square kilometre, the top income tax rate is 37%, citizens pay no capital gains tax, and there is no estate duty to be paid. Added to this low population density and tax regime are abundant natural resources and low crime rates, which…
The relentless rain of the long weekend has left death and destruction in its wake. The Western Cape Provincial Manager of the South African Red Cross, Fernel Campher, tells BizNews about the “devastating impact of the floods” on human lives. He says some residents ended up in “waist-deep waters where…
If Donald Trump returns to the White House for another stint of President of the US, he may want to renegotiate the African Growth and Opportunity Act (AGOA). And those could be tough negotiations because Trump would want his pound of flesh. So says Dr Edward Mienie, the Executive Director…
Over the past year, the BizNews tribe has been introduced to some inspirational 'Kasipreneurs courtesy of SA's informal sector guru, GG Alcock. In this interview, we meet the man behind Lebzcafe', whose iKoffie brand is enjoying serious traction after he won the recent Amstel Entrepreneur competition. In this uplifting discussion,…
The civil rights movement of Solly Moeng, The United South Africa Movement (TUSAM), is gaining support from across the world. One of the speakers at the upcoming People's Summit for a People's Charter will be an ex-South African executive assistant Carmel Foster, who has lived in the United States (US)…
The World Economic Forum predicts that 23% of global jobs will change in the next five years due to industry transformation through artificial intelligence (AI), text, image, and voice processing technologies. In its Future of Jobs 2023 report, the WEF says that the integration of large language models (LLMs) and…
Central banks are meeting worldwide; the United States kept interest rates on hold, while the United Kingdom raised them by 25 basis points. Governor Lesetja Kganyago kept rates steady in South Africa while our Turkish counterparts got a five percentage point increase. But what does this all mean for investors…
Today’s ‘results interview’ with South African super entrepreneur Discovery co-founder Adrian Gore goes well beyond a recap on solid financials for the year to the end of June. Discovery’s now widely mimicked ‘shared value’ business model has delivered superb returns for a group which has substantial businesses in SA and…
The motives behind Public Enterprises Minister Pravin Gordhan’s rejection of the ESKOM board’s recommendation for a new CEO have been questioned. Ghaleb Cachalia, the Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises says that the Minister seems to be looking for somebody who meets his “specifications” rather than those of…
With data going back to 1975, the Fraser Institute’s Economic Freedom Index provides empirical evidence of the direct correlation between the prosperity of countries and how much choice citizens have in how they may apply their energy and their money. This is reaffirmed in the just-released 2023 Index, which showed…
The Maharishi Invincibility Institute, a non-profit and self-development organisation, recently made headlines when Anglo American announced that it would donate its 45 Main Street building in downtown Johannesburg to the institute. The building is estimated to be worth R100 million. The donation will support youth development and Johannesburg's urban renewal…
The battle to remove South Africa’s Public Protector, Advocate Busisiwe Mkhwebane, took four years and consumed more than R160 million of taxpayers' money, with her legal defence bent on dragging out the case and delaying her removal, employing every unethical and ethical legal tactic to avoid being held accountable. This…
The most authentic voice of South Africa’s organised business comes from local chambers of commerce, whose membership has a high proportion of entrepreneurs and owner-managers because they rely less on government business than often too-beholden corporates. So, to really know what SA Business is thinking, there’s nobody better to listen…
What are the links between the assassination of HAWKS Lieutenant-Colonel Frans Mathipa on 6 August this year (2023); the kidnapping of alleged Islamic State (Isis) leader Abdella Abadiga and his bodyguard Kadir Jemal Abotese from the Mall of Africa on 29 December last year (2022) allegedly by members the SANDF…
As South Africa prepares for the 2024 national and provincial elections, there is widespread speculation about the ruling ANC’s prospects for remaining in power. If the ANC fails to maintain its majority, there is speculation about which parties it might consider forming a coalition with. Former ANC Member of Parliament,…
20 Sep 2023 2AM
25 min
1580 – 1600
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