BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Cape Town placed in 'junk territory' by Moody's amid SA's unrest - Deputy Mayor Ian Neilson weighs in
A Moody’s Investors Service report downgraded five South African cities, placing them into junk territory. Among them is Cape Town, a city that, last month, received feedback from Moody’s saying that the city is in a “strong position.” Joining BizNews is Ian Neilson, the Deputy Mayor of the Mother City…
David Shapiro unpacks the civil unrest and its effects for JSE-listed counters
As is customary for a Monday, David Shapiro talks all things civil unrest and its effects on the JSE, which has held up relatively well during these trying times in South Africa. Shapiro notes that what's happening around us and what's happening in the markets are two different animals altogether…
"I'm skeptical on Steinhoff but I'm optimistic on South Africa" - Tekkie Town's Bernard Mostert
Tekkie Town's Bernard Mostert discusses the Steinhoff settlement saga with BizNews founder Alec Hogg and veteran analyst David Shapiro. Mostert and his partner Braam Van Huyssteen are fighting tooth and nail to recover their business which was exchanged for Steinhoff shares in 2016. The business was valued at over R3bn…
Charl Botha gesels met Schalk Louw van PSG Old Oak oor edelmetale
In hierdie potgooi het ek met Schalk Louw van PSG Old Oak gesels oor edelmetale. Om die waarde van edelmetale in ons portefeuljes te verduidelik deel hy 'n baie interessante storie uit die ekonomiese geskiedenis. Learn more about your ad choices. Visit megaphone.fm/adchoices
'SA's incapable government and consequent inequality has set this tinderbox aflame' - Piet Viljoen
Counterpoint's Piet Viljoen, who BizNews founder Alec Hogg often refers to as ‘the most rational person he knows’, joined the BizNews Power Hour today - with his first comment being that it is super hard to to stay rational in times like these. Viljoen believes that the civil unrest that…
BizNews Power Hour - 15 July. Viljoen co-host; communities unite; SA's looting locusts; Township tales; ANC gets sued
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen; founder of Gift Of The Givers Dr Imtiaz Sooliman on SA's looting locusts; OUTA CEO Wayne Duvenage on SA communities uniting; Action SA leader Herman Mashaba unpacks his reasons for suing the government; township…
"The President has really abdicated his responsibility" - ActionSA's Herman Mashaba
ActionSA has announced that it will be seeking a lawsuit against the ANC, President Cyril Ramaphosa and the Police Minister, following looting and violent rioting that has gripped KZN and Gauteng over the past week. Party founder Herman Mashaba said that Ramaphosa, Cele and other government ministers have a legal…
Township mall owner shares the grave detail - Jason McCormick on coming back stronger
The McCormick family are well known property moguls in South Africa. Their property portfolio consists of listed and unlisted assets, mainly malls and shopping centres around the rural and township areas of South Africa. It's listed assets are held through a real-estate investment trust called Exemplar, which is an illiquid…
Flash Briefing: SA boosts troops to 25,000 to quash riots; WHO warns SA of covid surge after riots; Santam
News headlines: *South Africa mustered its army reserves in a bid to quell several days of looting that has ravaged supplies of food and other essentials and dealt a crippling blow to its economy. *he World Health Organisation’s Africa director has warned that South Africa should prepare itself for a…
"If we don't seize this opportunity to fix what's wrong, we'll become a banana republic." - OUTA CEO
Following days of rioting and looting in South Africa, reports of South Africans pulling together in communities are becoming common. Joining BizNews to discuss this phenomenon is Wayne Duvenage, the CEO of OUTA (Organisation Undoing Tax Abuse). He comments on the camaraderie seen in afflicted areas, noting that this assistance…
Insightful, fearless, uplifting - Gift of the Givers founder Dr Imtiaz Sooliman on SA's looting locusts
It is often during times of great adversity, that we witness the extraordinary strength of the human spirit. Dr Imtiaz Sooliman founded the Gift of the Givers Foundation in 1992 and has spent the last 29 years dedicating himself to providing humanitarian aid and disaster relief. BizNews founder Alec Hogg…
'I don't want a 50/50 scenario, anarchy odds are ominous' - Magnus Heystek
Brenthurst Wealth Management founder Magnus Heystek doesn't mince his words on a good day, let alone on another day of suffering for South Africa. Magnus has been advising diversification and offshore investment for more than a decade with many local fund manager's in disagreement despite his investment thesis proving correct…
BizNews Power Hour - 14 July. Heystek co-host; GG Alcock on community rule; Nedbank goes hybrid; State of Emergency?
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Magnus Heystek; GG Alcock on the effects of looting on the informal economy; Nedbank's chief executive Mike Brown on employing a hybrid work model; Melanie Veness of PMCB on the need for a State of Emergency…
Flash Briefing: Civilians unite to defend their communities; SA to face food shortages; lockdown regulations change
News headlines: *South African taxi drivers, private security companies and ordinary civilians are stepping up to protect their businesses and communities following days of rioting and looting that the authorities have failed to quell. *South Africans are expected to face major food shortages in the wake of the violent unrest,…
'Unapologetic civil society power will grow from riots' - GG Alcock
Third World Child GG Alcock uniquely straddles the First And Third Worlds courtesy of being brought up in a mud hut by political activist parents in the dirt-poor Msinga district in rural KZN. His unique insight into the unrest currently raging in South Africa is therefore unparalleled. Alcock believes that…
We have to declare a state of emergency - Melanie Veness of PMCB
The chaos continues in KwaZulu-Natal. Now, major food shortages are expected to affect the entire country as grocery stores are looted, petrol dries up, and highways are barred. Melanie Veness, chief executive of the Pietermaritzburg Chamber of Business, paints a grim picture of what's happening on the ground. She believes…
Nedbank's chief executive Mike Brown on looting, vandalisation and employing a hybrid work model
Nedbank's chief executive was the flagship guest for today's BizNews Power Hour, with the veteran banking executive providing us with his rational perspective on the widespread looting and vandalisation that has caused devastation in KZN and parts of Gauteng. Brown also elaborated on the hybrid work model Nedbank is employing…
Francois Marais: “Safari’s been very fortunate and had no arson – But KZN is terrible”
Francois Marais is the founder of Safari, one of the bigger investors in South African township shopping malls. Marais joined the BizNews Power Hour to discuss the developments of looting and rioting in KwaZulu-Natal and Gauteng in particular, detailing the damage done to the group’s properties. Marais notes that while…
‘Current crisis shows the extent to which the moral fibre in South Africa has been eroded’ - Steven Nathan
The violent protests raging in South Africa have dealt a grievous blow to the country’s efforts to rebuild an economy already ravaged by the recurrent lockdown regulations that have been imposed to curb the spread of Covid-19. The protests, which have turned deadly, also pose the sternest test yet to…
Law & order must come from our communities - Sakeliga's Piet le Roux
Sakeliga's CEO Piet Le Roux joined the BizNews Power Hour to discuss the wave of violent protests and looting that is currently wreaking havoc in South Africa, particularly in KwaZulu-Natal. Le Roux remains hopeful about the situation, arguing that local communities have helped to contain it. "What's happening now is…