BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
That R2.18/litre you pay funding “opportunistic” RAF claims of R3bn
The beleaguered Road Accident Fund (RAF) is losing an estimated R3 billion a year to opportunistic loss of income claims from people who suffered only minor injuries in a motor vehicle accident. In this interview with BizNews, actuary and damages expert Gregory Whittaker shares his research for the Actuarial Society…
SA tech whizz Peter Bauer ‘reboots’ from Mimecast to eco and social justice
Mimecast, a company started by two South Africans is a global leader in cybersecurity specialising in advanced email and collaboration security. After trading on Nasdaq for six years, the company decided to go private in November 2015 in a $5.8 billion deal with Permira. In an interview with Biznews, co-founder…
Revisiting Ginsberg’s brilliant Nov ’22 tech stock call - says boom not over
Innovative international index fund company Ginsblobal’s South African founder made a very public and as it happens, accurate call back in November 2022. In this interview, we revisit Anthony Ginsberg’s view that the tech wreck was overdone - plus he shares thoughts on what lies ahead for tech stocks, including…
R12bln investment fund rings fence around R800m amid taxi industry woes: Heystek weighs recovery prospects
One of the biggest enhanced income funds - the MI-Plan Enhanced Income Fund - has ringfenced about R800 million in assets. In this interview with BizNews, investment strategist Magnus Heystek explains why this portion of the R12-billion fund has been side-pocketed for further investigation - after a challenge with an…
How TUKS, a heavyweight in vet science, is harnessing alumni to boost funding
Universities globally, like Harvard, are significantly funded by their alumni, with Harvard’s endowment reaching over $50 billion in 2022 due to philanthropy. In South Africa, however, universities face financial challenges due to substantial government spending cuts and tuition fee increase restrictions. This has led the University of Pretoria (TUKS) to…
Sean Ashton - Penny has dropped for SAs on global shares, now re-assess other investment myths
OMBA’s Sean Ashton dives into contentious waters here by addressing the naivety that produced “ten lost years” for South African investors overly influenced by home bias. He argues that’s not the only myth needing re-assessment, suggesting that a new investment regime may well have taken hold over the past decade…
Millions lost by 150 investors who clicked on a deep fake “Elon Musk” ad…
One hundred and fifty (150) victims have come forward to report losses of millions of rands - after clicking on a deep-fake ad featuring Elon Musk. This after Advocate Petra van Niekerk blew the whistle in a recent interview with BizNews. She is now representing many of the victims -…
SAEFA’s Angus on tackling collapse of employment in SA industry: It’s Pretoria’s regulations, stupid!
Employment in South Africa’s engineering sector has fallen sharply over the past two decades to half of where it should be. In this interview, Gordon Angus of the employer association SEAFA explains why, putting the blame squarely on idealistic but hugely destructive government regulations which are heavily weighted against entrepreneurs…
Mission impossible: SANDF stretched in DRC, ignoring porous borders, Mozambique risk - DA MP Kobus Marais
The South African National Defence Force (SANDF) has come under fire from opposition parties for what they term ‘reckless’ foreign mission deployments. This follows an incident where two soldiers were killed and three injured by a mortar bomb at their base in the Democratic Republic of Congo (DRC), where they…
Schreiber: Concrete proof how ANC forced ‘all-top-jobs-for-useless-cadres’ onto SA, collapsing economy
After a three-year court battle, the ANC was compelled on Monday to release over 1,300 documents revealing details of actions taken by its three-decade-old cadre deployment system overseen by a communist-style central committee. SA’s economic woes - high and growing unemployment, rising debt, stagnant GDP growth - are a direct…
Moeletsi Mbeki foresees another five years of ANC’s five deadly sins
If the polls are correct, the ANC faces the possibility of losing its majority in South Africa’s national elections on the 29th of May this year. So, what went wrong for Nelson Mandela’s once proud political movement? Businessman and independent political analyst, Moeletsi Mbeki has identified five deadly sins that…
Ayanda gives Cyril another reality check…
Nobody articulated the rage of millions of South Africans better than Ayanda Allie when she responded to President Cyril Ramaphosa’s recent State of the Nation address. In this interview with BizNews, she describes how the president’s utterances made “something rose up inside me and it was like a fire shot…
The ANC was in Moscow plotting against the West when Navalny died…
South Africa’s ruling African National Congress (ANC) was in Russia “fighting” against neo-colonialism when Kremlin opposition politician Alexei Navalny died last week. This has emerged from a BizNews interview with Russian historian Professor Irina Filatova who says: “Just at the time when Navalny was killed, the ANC delegation was in…
Roger Jardine's R500 billion fund from taxes: Short-term trade-off for long-term sustainability
Change Starts Now is a political party that was launched in December 2023 by Roger Jardine, a former director general and banker. It aims to be an alternative political option for South Africans who want change in the country. The party's manifesto, called the Change Charter, was unveiled in Soweto…
The very rational (to them) reason so many Americans support Trump
Former Oxford University professor RW Johnson nails the phenomenon of Donald Trump’s cult-like support in this interview with BizNews editor Alec Hogg. In it Johnson cautions that although it’s no foregone conclusion America’s Captain Chaos will return to the White House, he explains an “uber truth” behind his continued popularity…
Russia’s “Nelson Mandela” dead as Putin eyes Stalin’s record rule…
Supporters of Russia's Nelson Mandela are crushed that he will never take that long walk to freedom now. Alexei's Navalny's death has sparked outrage across the world as it comes in the wake of a series of mysterious deaths of critics of President Vladimir Putin. It also comes on the…
ELECTION CAMPAIGNS 2024: MK, IFP, ANC just dipping into each other’s support AI & Big Data needed to pull unregistered v
With only months to go South Africa’s national elections, the campaigns run by political parties are not “igniting” the youth enough to bring unregistered voters to the polls. So says Glen Mpani, the host of the first International PolCampaigns Expo held in Cape Town recently. He says MK, the IFP…
Daily poll updates confirms Zuma’s MK is Election’24 gamechanger
In this fascinating interview, the DA’s Election’24 campaign manager Greg Krumbock shares insights from the party’s historically accurate polling process, which taps voter opinion daily. Among numerous other conclusions, the numbers confirm SRF’s Frans Cronje’s assertion that the re-entry of Jacob Zuma into the political fray guarantees South Africa is…
Grootbos Foundation: Cultivating harmony between Cape floral biodiversity and community livelihoods
The Cape Floral Kingdom is home to the highest concentration of plant species on the planet, and 70% of its 9,600 plant species grow nowhere else. Fynbos covers 80% of the region. Much of the Cape Floral Kingdom, including Table Mountain National Park, is a registered UNESCO-protected area. To survive,…
Bad roads bring bad times to the ‘Berg…
Tourism, businesses, jobs, and livelihoods are under threat in the Drakensberg region where bad roads and unrepaired infrastructure have made travel perilous. In this interview with BizNews, Megan Bedingham of the Cavern, a popular ‘Berg resort, says occupancies in December last year (2023) in the Midlands and the Drakensberg area…