Predictions that Jacob Zuma’s re-entry into South African politics is a “gamechanger” were confirmed yesterday when his MK party produced a strong showing in just the second by-election it has contested, building on a 20% share grabbed earlier this month. It was also a big day for Gayton McKenzie’s Patriotic…
Peter Major, the internationally respected mining guru from Modern Corporate Solutions, has attended virtually all of Cape Town’s annual Mining Indabas - an event which is now in its third decade. His verdict after this month’s gathering of the global mining’s movers and shakers: because of bad policies, SA is…
“The Seven Economic Pillars of the Economic Freedom Fighters.” That is the title of a report written for the Institute for Race Relations (IRR). In this interview with BizNews, the author of that report, Ivo Vegter, says he did the report because he was concerned about the one-dimensional analysis that…
South Africa's military is leading a mission of troops, in collaboration with the Southern African Development Council, to neutralise M23 rebels in the Democratic Republic of the Congo (DRC) after the withdrawal of 2000 United Nations peacekeepers.The deployment of 2,900 soldiers to the eastern part of the DRC will cost…
This month (February) one year ago two South African engineers were arrested in Equatorial Guinea under the guise of illegal drug trafficking. It is believed that their detention was in retaliation for the seizure in South Africa of two luxury properties and a super yacht belonging to the country’s playboy…
Patriotic Alliance co-founder and strategic advisor Charles Cilliers reckons it’s impossible to overstate the importance of Jacob Zuma’s re-entry onto the political stage. Cilliers admits he underestimated the impact but says party president Gayton Mackenzie, who knows Zuma well, has long predicted this would be a game changer that will…
There is a growing dispute between the Democratic Alliance, the Independent Electoral Commission (IEC), and the Department of International Relations and Cooperation (DIRCO) regarding the difficulties faced by South Africans living abroad when trying to register and vote at overseas missions. This issue could potentially result in a case before…
The Social Research Foundation polled Jacob Zuma’s popularity in his home province of KZN just days before the popular politician announced his support for the new;t formed MK party in opposition to the ANC. SRF chairman Dr Frans Cronje says the data shows Zuma’s re-entry is a “game changer” for…
Despite surveys and polls indicating that the ANC’s support in the coming elections could drop to below 50%, Prof Theo Venter, a political analyst at the University of Johannesburg expects President Cyril Ramaphosa to be back in Parliament to deliver the second SONA after the election. In a post-SONA interview…
Political scientist, historian and former Oxford Don RW Johnson unpacks the likely impact of Jacob Zuma on the ANC’s 2024 Election prospects after the former president’s new party this week drew 20% of the vote in the first by-election it contested. This wide-ranging interview also provides context on the most…
A “defeated” President Cyril Ramaphosa delivered a “disaster” State of the Nation Address (SONA) as his “worst nemesis” former President Jacob Zuma is staging a spectacular comeback. Neil De Beer, the president of the United Independent Movement (UIM), a party in the Multi-Party Charter (MPC), dissects the SONA for BizNews…
A deep-fake video using the doctored image and voice of South African billionaire Elon Musk has fooled investors across the world. In one video created for the South African market and regularly flighted on social media channels, “Musk” outrageously and falsely claims that SA billionaires Nicky Oppenheimer and Johann Rupert…
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…
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…
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…
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…
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…
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…
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…
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…
5 Feb 2024 6AM
25 min
1720 – 1740
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