With around a fifth of the votes counted, Free Market Foundation CEO David Ansara offers some early conclusions on South Africa’s historic Election’24. With the ANC set to lose 60 of its 230 seats (of 400 in total), Jacob Zuma’s well funded MK and to a lesser extent the breakout…
President Cyril Ramaphosa enacted the NHI law during the election campaign, representing the biggest shake-up in South Africa’s healthcare system since the dawn of democracy. Critics have warned that the scheme is hugely expensive and could fuel corruption, with opposition parties describing it as a "death warrant" for healthcare in…
A 21% jump in Special Votes and near trebling of the out-of-country votes provides clear evidence of a surge in interest around Election’24. In this special broadcast, we hear from two Smart Alecs - the Financial Times’s foreign editor Alec Russell and his namesake, BizNews editor Alec Hogg. The FT…
President Cyril Ramaphosa enacted the NHI law during the election campaign, representing the biggest shake-up in South Africa’s healthcare system since the dawn of democracy. Critics have warned that the scheme is hugely expensive and could fuel corruption, with opposition parties describing it as a "death warrant" for healthcare in…
We have passed 50 days without load shedding in South Africa, even as the cold of winter begins to bite when electricity demand normally increases. The CEO of the Energy Council, James McKay, told BizNews in an interview that the lack of load shedding is due to a partnership that…
At the halfway mark in the Local v Offshore investment challenge, Magnus Heystek’s foreign holdings have recovered from an appalling start to move into positive territory. Piet Viljoen’s SA-focused portfolio, however, still has a handy lead although is enjoying “a breather” ahead of a potential surge on the Election’24 results…
After recording just 6 660 votes in the 2019 National election, Patriotic Alliance leader Gayton McKenzie forecasts a massive breakthough in Election’24. The PA leader predicts his party will receive around 1m votes and secure 25 Members of Parliament in the National Assembly. McKenzie believes this will be a watershed…
One of the toughest battles in Election’24 is the Democratic Alliance’s bid to schieve more than 50% of the Western Cape votes - the only province where it currently governs. South Africa’s longest serving member of Paliament, FF+ Chief Whip Dr Corne’ Mulder, believes with his party, the Patriotic Alliance…
“…there are people that are rising and there are people that are falling…the dirty games are coming out...It's a nasty campaign, it's a dark campaign, and I predict in the next three days it's going to get worse.” These are the words of Neil de Beer, the President of the…
While Jacob Zuma’s recently launched MK Party has drawn a lot of airtime, at the coalface the IFP is confident of continuing a resurgence reflected in its 15-1 winning record against the ANC in post November 2021 by-elections. Leader Velenkosini Hlabisa says another pointer to a superior performance in Election’24…
Over the past few weeks we’ve highlighted how South Africa is poised for a massive upgrade in the talent occupying its Parliamentary benches. As political competition intensifies with the imminent loss of the ANC’s majority, new faces and new parties are being drawn in. Among them are ActionSA’s Athol Trollip…
In a Q&A session at the BizNews London Conference, Alec Hogg and Sean Peche discussed investment strategies, focusing on the potential risks and benefits of current tech stocks and the importance of value investing. Peche emphasised the necessity of evaluating a company's intrinsic worth before investing and highlighted opportunities outside…
In a discussion led by Alec Hogg, GG Alcock and Warren Wheatley addressed South Africa's economic transformation, comparing it to historical periods of rapid wealth creation. They highlighted the burgeoning entrepreneurial spirit within townships, the shift towards digital transactions, and the resilience of informal economies. Challenges such as limited access…
After a four-year hiatus, South Africa has returned to the prestigious Chelsea Flower Show in London this year. Their exhibition, which showcased the Cape Mountains and South Africa’s biodiversity, featuring proteas and fynbos, won a Gold Medal, ‘Best Exhibit in the Pavilion,’ and ‘Best New Design’ awards. South Africa has…
Andrew Middleton, GoSolr CEO, discussed the significant investments from Standard Bank, an international climate-focused investor, and African Rainbow Capital in his solar energy company. He highlighted South Africa's energy crisis, emphasising the potential for solar solutions despite current challenges. Middleton advocates for local investment, community involvement, and improving infrastructure to…
During a Q&A session at the BizNews conference in London, Alec Hogg spoke to forensic investigator Paul O’Sullivan on crime in South Africa. O’Sullivan highlighted the dire state of the SAPS police force, unable to handle the crime volume due to poor resource allocation. He shared cases of rampant white-collar…
*This content is brought to you by Jaltech On 23 May, Alec Hogg and Jonty Sacks hosted a highly informative webinar aimed at helping investors significantly reduce their tax bills. The session focused on strategies for individuals, companies, and trusts with capital gains tax or income tax obligations, providing insights…
Eskom chairman Mteto Nyati says cynics are wrong to claim it will be back to loadshedding hell after Election’24 on May 29. He reckons SA’s longest loadshedding-free run in years is based on a solid foundation. The mechanical engineer with an impeccable business pedigree explains how SA’s much improved electricity…
‘China is very much on our radar,’ US economy shows unexpected resilience - Mark Perchtold (OMBA) Mark Perchtold, the founding director of OMBA, a company specialising in using Exchange Traded Funds (ETFs), maintains a positive outlook on China despite geopolitical challenges. In an interview with BizNews, Perchtold attributes his outlook…
While media and polling narratives might suggest otherwise, South African elections are won or lost on logistics - the practicality of actually getting voters to the polls and having party faithful there to welcome them. Former DA Leader Mmusi Maimane reminds us of reality in a pre-election interview where the…
22 May 2024 11AM
22 min
840 – 860
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