BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Millionaires are Packing for Namibia: The 'Australia of Africa' - Andrew Amoils
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…
DEADLY FLASH FLOODS IN FIRE SEASON - Red Cross deploys to aid victims of humanitarian disaster
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…
“President” Trump will want his pound of flesh from SA… Tough renegotiations of AGOA likely
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…
GG introduces us to the iKoffie man, award-winning 'Kasipreneur Lebohang Nyandeni
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,…
Carmel Foster US rights activist joins SA civil rights movement
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)…
How to Mitigate the Expected Big AI Job Disruption in South Africa – Anne Rutledge Resourgenix
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…
FFM podcast ep21: Hawks, doves or uncertainty; Tencent doused Bob-less Naspers; Retailers kicking back
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…
Adrian Gore: If we could do it again at Discovery, we’d be more confident, disciplined, focused.
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…
Mr Gordhan “get a life”…Cachalia fumes over 7-month wait for new ESKOM CEO
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…
Hot tip for Moonshotters: Use this data to package job-creating election policies - and win in ’24
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…
Dr Taddy Blecher’s Bold Plan to Transform Johannesburg’s CBD into Education Town
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…
Growing resistance against Stalingrad legal defence – Prof Pierre de Vos
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…
Gatvol Business has finally lost patience on Transnet disaster of “epic” proportions
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…
The Assassination of a Top Hawks Cop… The Kidnapping of an ISIS “leader”… The Lady R… Hennie van Vuuren joins the dots
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…
ANC mulls IFP/DA coalition if support falls below 45% – Melanie Verwoerd
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,…
Mashaba: Decriminalise prostitution, commercialise ESKOM, bury BEE… & the “Better Devils” of the Multi-Party Charter
ActionSA’s leader Herman Mashaba explains the thinking behind the tough policy resolutions adopted by his party at its recent inaugural policy conference attended by 600 delegates from all nine provinces. Mashaba reveals how he was convinced to abandon his strong position on bringing back the death penalty. He unpacks the…
Piet Viljoen cheers end of suddenly departed Naspers CEO, Bob "40% value destroyer" van Dijk
Veteran money manager Piet Viljoen is shedding no tears for how Naspers/Prosus dispatched Bob van Dijk, its CEO of the past decade, who left immediately on Monday morning. Viljoen says he and Van Dijk see the world very differently - and by his calculation, under Van Dijk's direction, management actions…
Worst Storm Surge in 20 years leaves SA’s coastal towns battered…
The storm surge that battered South Africa’s coastal towns - leaving death and destruction in its wake - was the worst in 20 years. That is according to Gerhard Otto, the Head of the Disaster Management Centre of the Garden Route. He speaks to BizNews after a stormy weekend in…
Novel Biopesticides by Rhodes Researchers Take Flight
Chemical pesticides have been in use since the late 1800s to protect crops, but their harmful effects on the environment and human health have led scientists to search for alternatives. In South Africa, two PhD students from Rhodes University have had a breakthrough. Ground-breaking research by Tamryn Marsberg and Michael…
Rising interest rate cycle bumps Westbrooke Sterling private debt investment yield to 9%-10% p.a.
Nowadays, investors seek more than just traditional avenues, which often underperform. To outperform they are searching for innovative and special investment opportunities. In this interview, Richard Asherson from Westbrooke Alternative Asset Management updates us on an opportunity that focuses on a high-yielding investment in a hard currency - via the…