Corion’s David Bacher shares his team’s monthly report-back on investment market performance, reflecting on a soggy October when a good start deteriorated into a poor ending. US inflation edged higher, causing an unexpected bump in interest rates and weaker share prices worldwide. Bacher explains that investors worry that no matter…
In this eye-opening BizNews Briefing interview, a victim of the Banxso investment scheme reveales how they were lured by promises of high returns and reassurances from "financial experts." Through emotional testimonials, they describe the intense pressure and deceptive tactics that led them to invest their savings, only to face devastating…
Speaking to BizNews editor Alec Hogg on this morning's BizNews Briefing podcast, former Tshwane Mayor Cilliers Brink discussed his views on the destabilising effects of the ActionSA-ANC-EFF coalition on Tshwane's governance, citing setbacks in financial recovery and infrastructure management. Brink highlighted his concerns over ANC control and the potential impact…
In this gripping interview, political analyst and regular BizNews columnist RW Johnson discussed Johannesburg’s water crisis, describing it as a “national calamity” born of decades of infrastructure neglect and political gridlock. Speaking with BizNews editor Alec Hogg, Johnson unpacked the historical missteps that led the city to the brink and…
Anthony Ginsberg, managing partner of GinsGlobal, offers valuable insights into the recent market volatility impacting big tech. As Alec Hogg discusses in his latest interview, tech stocks like Amazon, Meta, and Microsoft face heightened scrutiny due to intensified AI investments and antitrust challenges under the current administration. Ginsberg shares his…
In this episode of the BizNews Briefing, host Alec Hogg shares insights from political scientist RW Johnson; former Tshwane mayor Cilliers Brink; from LA, Anthony Ginsberg on quarterlies from five members of Wall Street’s Magnificent Seven; and a victim of the financial boiler room called Banxso tells the story of…
In this episode of BizNews NewsWrap, we delve into the heated debate surrounding capitalism and socialism, featuring insights from influential Rob Hersov, who champions the successes of capitalism, and Kevin Lings, who warns of South Africa's escalating debt crisis. We also hear from Herman Mashaba, who challenges divisive political narratives,…
In a conversation on this morning's BizNews Briefing, outspoken entrepreneur and “capitalist activist” Rob Hersov doubled down on his call for South Africans to embrace capitalism as a path to growth, jobs, and innovation. Sharing his thoughts on how socialism and its ideals have gained surprising traction, Hersov expressed concern…
A war of words is raging between political economist Phumlani M. Majozi and ActionSA leader Herman Mashaba. In this interview with BizNews, Majozi responds to yesterday’s interview with Mashaba in which he revealed that he had consulted lawyers over social media posts made by Majozi. In our interview, we ask…
Speaking to Alec Hogg on this morning's BizNews Briefing podcast, STANLIB's chief economist Kevin Lings urged swift government action following South Africa’s medium-term budget update, citing low growth projections, high debt, and the need to capitalise on recent optimism. While supportive of public-private partnerships for infrastructure, Lings warns that delayed…
In a conversation with Alec Hogg, Marius Roodt from the Institute for Race Relations discusses surprising shifts in South Africa’s local by-elections. With record-breaking voter support for the DA in Stellenbosch and Emalahleni, and an unexpected win for the Patriotic Alliance in George, these results reveal changing voter loyalties. Roodt…
In this episode of the BizNews Briefing, host Alec Hogg is joined by global entrepreneur and self-described ‘capitalist activist’ Rob Hersov; the IRR’s Marius Roodt; Stanlib chief economist Kevin Lings; and with insight into the Microsoft results, our partners at Bloomberg.
Jason Welz, head of crypto at Jaltech, provided insights into Bitcoin’s recent surge, cautioning investors about its volatility. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays…
Anthony Ginsberg, tech investment specialist at GinsGlobal Index Funds, shared his perspective on Alphabet and other Big Tech giants Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am…
Evan Walker, portfolio manager at 36ONE Asset Management, weighed in on the current challenges facing the retail sector. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays…
Value investor Piet Viljoen discussed the South African Competition Commission’s impact on the country’s market dynamics. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Join us for today's BizNews Newswrap as we delve into the Financial Sector Conduct Authority's crackdown on fraud, spotlight Shoprite's impressive sales growth, and analyze the implications of the Competition Commission's recent decisions. We also unpack Google's strong earnings report and explore the latest trends in Bitcoin and gold prices…
The FSCA is investigating alleged financial scams by Banxso and AfriMarkets, accused of using deep-fake ads to lure vulnerable investors. With around 90 million rand frozen and licenses provisionally withdrawn, FSCA’s Gerhard van Deventer emphasizes public education and ethical sales practices, stressing accountability for deceptive financial schemes.
ActionSA leader Herman Mashaba is ready to take legal action over social media posts by political economist Phumlani M Majozi and some other commentators. In this interview with BizNews, he says: “…we will honestly get some of the best lawyers to put them in front of the nation to really…
In this episode of the BizNews Briefing, host Alec Hogg is joined by Piet Viljoen of Re:CM; Evan Walker of 36ONE; Anthony Ginsberg of Ginsglobal (from California); Gerhard van Deventer, Enforcement director at the FSCA; and Jason Welz, head of crypto at Jaltech.
30 Oct 2024 2AM
1 hour
500 – 520
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