An anonymous whistleblower has come forward with troubling details about Banxso, an online investment platform accused of deceptive practices and linked to deepfake ads featuring well-known personalities like Johann Rupert and Hashim Amla. The whistleblower, a senior figure in the financial sector, described a suspicious encounter with Afrimarket, a platform…
In today’s BizNews Newswrap, DA's Ian Cameron delves into the SAPS's leadership issues and the need for a skills audit to address crime at its roots. Bloomberg provides insights on Pick n Pay's upcoming Boxer IPO, potentially Africa’s largest for the year, while a whistleblower shares claims of a clone…
In a recent BizNews interview, Magnus Heystek, founder and chief investment officer of Brenthurst Wealth, shared insights on the impact of the American stock market on South African investments, especially in light of a strong year for global equities. Highlighting the influence of U.S. tech giants like Nvidia and Alphabet,…
In South Africa, more than 8 million of our 12.5 million school pupils walk to school as their families cannot afford private transportation. The danger some of them face has been highlighted by a recent story of the pupils of a remote village of eNkovukeni in far northern KwaZulu-Natal who…
Ian Cameron, DA spokesperson on police, addressed the need for a SAPS leadership audit to tackle inefficiency and political appointments, which he sees as root issues behind South Africa’s crime challenges. He also criticised the controversial BELA Bill, which allows schools to facilitate abortions for minors without parental consent.
Jaco Rabie and DA MP Willie Aucamp discuss allegations that Stellenbosch University’s Vice-Chancellor and Council Chair altered an independent panel’s report on the Wilgenhof residence closure, withholding alternatives from the council. They demand an independent investigation and accountability to restore transparency and trust.
In this episode of BizNews Briefing, host Alec Hogg is joined by Magnus Heystek for context on the freshest business and investment news; we meet an anonymous whistleblower who has uncovered a clone of the suspended Banxso; Jaco Rabie and Willie Aucamp, MP call for strong action after bombshell developments…
In today’s Newswrap, we break down top stories in South African politics, finance, and international news. Sports Minister Gayton McKenzie addresses the Springbok equity deal; campaign strategist Makone Maja weighs in on ANC dynamics and Ramaphosa's potential successors; and legal expert Christopher Cordeiro critiques the BELA Bill’s impact on education…
The Minister of Sports, Arts and Culture - and Patriotic Alliance (PA) leader - Gayton McKenzie has made an impassioned plea for an end to the bickering and infighting in the Government of National Unity (GNU). In this interview with BizNews he describes the current discord in the GNU as…
The Pestalozzi Trust - a civil rights organisation dedicated to protecting homeschooling and civil education - has warned President Cyril Ramaphosa in a letter that it will launch a legal challenge to the BELA Act. In this interview with BizNews, the trust’s Christopher Cordeiro says: “…once the President says what…
The United Kingdom has long been a preferred destination for South Africans eager to expand their horizons by living and working abroad. In many areas, such as Wimbledon, it's common to hear Afrikaans spoken. However, under pressure to reduce migration numbers, the UK government has recently tightened its immigration rules…
In an interview on this morning's BizNews Briefing podcast, Sasfin Wealth's chief investment strategist David Shapiro and BizNews editor Alec Hogg discussed the U.S. political climate, specifically concerns over a potential Republican "clean sweep" under Trump, Musk's alignment with Trump for business gains, and market volatility driven by tech short…
In an enlightening discussion, political analyst Makone Maja from the Centre for Risk Analysis shares insights on the evolving political landscape in Southern Africa, particularly focusing on Mozambique's precarious situation and its implications for regional stability. As she addresses the challenges facing South Africa’s leadership amid shifting alliances and election…
A recent study by CGA by NIQ reveals that South Africans enjoy dining out, with 87% of those surveyed visiting bars or restaurants at least once a month. The study also highlights a growing preference for cocktails, with 60% of drinkers choosing them, and an increasing demand for premium beverages…
In this episode of the BizNews Briefing, host Alec Hogg speaks to David Shapiro, Makone Maja and Rob Futter to provide context on major developments in the investment field, politics and energy. The conversations range from Trump v Harris through to Mozambique’s contested election; Ramaphosa’s bromance with Putin and FirstRand’s…
Controversy is raging over the credibility of the national election results in neighbouring Mozambique where Frelimo’s Daniel Chapo won by over 70% of the vote. In this in-depth interview with BizNews, Tertius Jacobs, the Mozambique analyst for the private risk management company Focus Group takes viewers through the results; the…
In this week’s episode of the Sunday Show, United Independent Movement (UIM) President Neil de Beer talks about the possibility of the African National Congress (ANC) regaining a majority in 2028 by taking credit for the good work being done in the Government of National Unity (GNU) by ministers, mostly…
Mining expert Peter Major discussed South Africa’s mining sector challenges and strengths, including Afrimat’s growth trajectory, Anglo American’s stability, and Kumba Iron Ore’s strategy for maximizing value despite infrastructure constraints. He also highlighted global economic impacts on commodities and the need for sustainable, well-managed mining operations amid geopolitical uncertainties.
Retail analyst Evan Walker discussed with BizNews host Alec Hogg the challenges facing South African retailer Pick n Pay, Shoprite's market dominance, and the success of Clicks' loyalty program. He also highlighted competition from Chinese e-commerce platforms like Shein and potential impacts of Amazon's arrival in the local market.
In recent years, there have been numerous reports about the degradation of river systems in South Africa, largely linked to municipalities’ inability to effectively treat wastewater, which has far-reaching implications for human and environmental health. These challenges are the driving force behind the research by Professor Patricks Voua Otomo and…
25 Oct 2024 3AM
13 min
520 – 540
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