BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Flash Briefing: 4,000 South Africans get Covid AGAIN; SAA wants another R3.5bn; SABC tax revolt; Liberty; Sasol
* About 4,000 cases of re-infection with Covid-19 have been found in South Africa, Barry Schoub, the chair of the country’s Ministerial Advisory Committee on Vaccines, said. * Administrators for South African Airways have asked for another R3.5bn in taxpayer funds but no money has been set aside. * The SABC…
SA billionaire Rob Hersov launching SPAC on the NYSE
'A SPAC is a special purpose acquisition company and it's like an IPO in reverse', says Hersov. 'Ours is the only Africa and only mining SPAC on the market - in a sea of them'. He tells BizNews founder Alec Hogg about how the exciting process works and what it…
Alec Hogg unpacks Budget 2021
We appear to have created a new tradition. A few hours after finance minister Tito Mboweni’s presentation of the 2021 Budget to Parliament, BizNews community members joined in our webinar with publisher Alec Hogg. He shared a presentation of what he picked up from a morning in “lock up”, after…
Carrie's Corner: Mitigating the effects of Covid-19 in the wine industry
Wayne Buckley, the national sales and marketing manager for Wildekrans Wine Estate, joins Carrie Adams to discuss the government's discrimination against the alcohol industry. Plus, what Wildekrans has done to mitigate the fallout of Covid-19. Learn more about your ad choices. Visit megaphone.fm/adchoices
Is SA heading into economic crisis? Independent economist Dr Azar Jammine assesses #Budget2021
Finance Minister Tito Mboweni has repeatedly warned that South Africa is in a perilous financial situation. Does the 2021 budget go far enough in reversing economic decline? Dr Azar Jammine is Director and Chief Economist of Econometrix, an independent economic research consultancy. He shares his considered opinion us whether he…
Magnus Heystek: We got lucky! Commodities run saved us from tax pain - but SA is still in deep trouble. #Budget2021
SA’s trillion dollar debt question: R3.9 trillion - projected to go up to R5 trillion - is a massive jump and a big gamble that the SA economy will pick in a few years, says Magnus Heystek. The Brenthurst Wealth Management founder said, after reading through the details, in sum…
SA’s overburdened taxpayers get hit again: here’s how #Budget2021 plays out in your personal finances
Helping to unpick the details of the National Budget and how changes affect your investments and tax bill is Dawn Ridler, of Kerenga Wealth Ecology. She tells Jackie Cameron of BizNews that although there’s a huge hole in government funds, the government needs to be careful of killing the golden…
Flash Briefing: SA is 'dangerously overstretched - Tito; #Budget2021 snapshots; Rand holds firm; matric maths disgrace
* SA needs to borrow more than R500bn a year and is 'dangerously overstretched', says finance minister Tito Mboweni. * SA expects to record its largest tax shortfall on record by the end of the tax year – and a staggering R213bn less than its 2020 Budget expectations. * To…
Flash Briefing: SA unemployment at record high - but govt adds jobs; Uber drivers demand holiday pay; Sibanye
* South Africa’s unemployment rate climbed to a record in the fourth quarter as the economy was ravaged by Covid-19 lockdown restrictions . The jobless rate rose to 32.5% from 30.8% in the previous three months, according to Statistics South Africa. * South African Uber drivers are to go to…
Global Portfolio: JSE stocks, 2U buck Wall Street's weaker trend
The BizNews Share portfolio, launched in December 2014, has delivered spectacular returns for South African investors. Every month, BizNews founder Alec Hogg updates the latest developments at the companies whose stocks are held in the portfolio. Although the strategy has been to buy and hold, the portfolio has seen some…
Meet Charl Jacobs, the business leader working to create jobs, help people educate themselves - and fix SA
Charl Jacobs, the founder of the Quan Holdings group - which has 12 companies and more than 6,000 employees - is committed to rebuilding South Africa. In this conversation with BizNews, he shares how he wants to change the world for the better and his guiding principles for growing his…
Top global mining analyst Peter Major on ‘ferocious’ commodities bull run: gold, uranium, iron ore, coal, platinum
Should you invest in mining companies? What will change the bull run? Anglo Gold Ashanti has never been this cheap, notes Peter Major, director of mining, at Mergence Corporate Solutions. Stock-picking is called for, he says. Don’t buy the index. He sets out how one piece of legislation could change…
Sasol CFO: Dividends are a priority; why we dumped idea of rights issue; culture change; restructuring
The Sasol share price gained in value at the start of the week after the company released interim financial results. This came despite the group not declaring an interim dividend. Sasol showed it had made headway in slashing its debt burden by just more than one third or R64bn and…
Global market snapshots: Boeing 777s grounded, engines break; US small companies soar; Tencent in regulatory net
* Boeing has told airlines to stop flying its wide-body 777 aircraft equipped with a type of engine that broke apart during a flight over the weekend near Denver, as the Federal Aviation Administration said it would order immediate inspections of those jets. * Shares of US-listed small companies are outpacing their…
Flash Briefing: Economists warn Tito will disappoint; EOH CEO takes big bonus, but cut staff salaries; Amplats; Sasol
* As South Africans prepare to hear the details of the National Budget on Wednesday, 65% of economists surveyed by Bloomberg say the government won’t reach its goal of achieving a primary budget surplus in the next four years. Officials including Mboweni have repeatedly warned that the country faces a…
Carrie's Corner: 'We are very passionate about our local market' - Gareth Robertson of Anthonij Rupert Wines
In this episode, Carrie Adams talks to Gareth Robertson of Anthonij Rupert Wines. The marketing manager of the Franschhoek-based winery discusses challenges the liquor industry has faced over the past year, as well as planning for the upcoming harvest. Learn more about your ad choices. Visit megaphone.fm/adchoices
Flash Briefing: SA tax base shrinks as many more plan emigration; DA urges EWC protest; Massmart; Bitcoin high
* As Finance minister Tito Mboweni gets set to present the budget this week, analysts have warned that South Africa’s loss of skilled and high earners could limit room to raise income taxes. * More than a fifth of all property sellers in the R2.6m and up price bracket have…
How solar sails are taking space exploration to the outer edges of our solar system
Using the pressure of the sun's rays to propel spacecraft, solar sails will allow future unmanned missions to be longer and cheaper while reaching the outer solar system—and possibly beyond. Hear about the advances in technology that are harnessing energy from the sun to allow us to explore other planets…
SA start-up success: Transforming pineapple fibre into life-changing products - award-winning entrepreneur
Eastern Cape entrepreneur Candy Androliakos has developed a novel range of disposable sanitary products after she was asked by an elderly resident at the old age home where she works to come up with a cost-effective, dignified solution. Since then, she has expanded her range to children's nappies and women's…
Controlling epilepsy, depression other illnesses with the help of a smart coach
Dr Kate Couchman shares the moving story of how she became a health coach to help others after learning how to control her own debilitating epilepsy. Smart health coach Dr Kate walks the walk and explains how she works with your own personal circumstances and requirements to become healthier, happier…