BizNews Briefing - Capitec; BHI; GNU; Chinese business threat; Luxury gyms.

Loading player...

In this episode of the BizNews Briefing, Capitec CEO Gerrie Fourie shares some of the group’s secret sauce (another stonking set of numbers released today); Magnus Heystek on a 30-year ban for the duo who owned large brokerage Local & Global, facilitators of the BHI ponzi; the FT on how improving Chinese manufacturers threaten everyone else; rising star of political analysis Makone Maja on the GNU; and The Economist explains why luxury gyms are booming ($40k a year membership anyone?)

1 Oct 2024 10AM English South Africa Investing · Business News

Other recent episodes

IRR’s Hermann Pretorius: ‘BEE is legalised theft - South Africa must wake up.’”

In a fearless conversation with Alec Hogg, IRR strategist Hermann Pretorius tears into the myths behind South Africa’s empowerment policies, calling BEE a system of legalised theft that enriches elites while bankrupting the state. He reveals the IRR’s Value for Money Bill - a blueprint to end race-based procurement, restore…

29 Oct 9AM 21 min

Unpaid fines could paralyse businesses under new AARTO demerit system – Barry Berman (SA Fines)

South Africa’s long-awaited Administrative Adjudication of Road Traffic Offences (AARTO) system takes effect on 1 December 2025 in 69 municipalities, including Johannesburg, Cape Town and Durban, with smaller regions to follow in April. Barry Berman, CEO of traffic fine platform Fines SA, says he expects the current fine settlement rate,…

29 Oct 8AM 13 min

Miningweb weekly with Peter Major - Antimony boom, chrome tax and corporate controversy

In this conversation, Alec Hogg and Peter Major discuss the current state of the mining industry, focusing on gold prices, long-term investments, and the risks associated with mining ventures. They explore the importance of timing in mining decisions, the impact of government policies, and the strategic significance of minerals like…

28 Oct 12PM 45 min

BN Briefing: WeBuyCars; Herman Mashaba; Balwin's CEO; Myanmar scams and Argentina's market surge

Today's BizNews Briefing covers WeBuyCars' profit surge despite a share drop , Herman Mashaba's hint at a possible one-term run for Johannesburg mayor , Balwin Properties' CEO Steve Brooks on strong results and the importance of good governance, the escape of 41 South Africans from human trafficking/scamming in Myanmar, and…

28 Oct 9AM 13 min

Balwin CEO Steve Brookes: “South Africa isn’t broken - it just needs hard work and good governance"

Balwin Properties founder and CEO Steve Brookes joins Alec Hogg to unpack how his company defied South Africa’s economic odds - growing revenue by 44%, profit by 33%, and headline earnings by 29% in just six months. Brookes shares why he believes optimism and hard work still pay off in…

28 Oct 11AM 16 min

All episodes