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BizNews Radio

English, Finance, 1 season, 5458 episodes, 5 days, 12 hours, 4 minutes
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Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
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Opposition’s secret weapon? Meet ISANCO’s Zukile Luyenge, activist leader of ‘gatvol’ rural communities

ISANCO is perhaps the lowest profile of the seven political parties joining together in the Multi Party Charter of SA, but potentially it is one of the most potent. Deeply embedded within communities, the newly formed party scooped 14 councillor seats after only a few months of campaigning ahead of the November 2021 Local elections. It performed creditably in two subsequent by-elections (4-5% of the vote) suggesting ISANCO may prove an unexpected trump card for the Opposition Coalition in the 2024 National Election. Leader Dr Zukile Luyenge is confident he’s part of 2024's winning team - and in this interview, explains why. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8/22/202319 minutes, 40 seconds
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Children's seven-year wait for Lily Mine mothers

Seven years after the Lily Mine tragedy in Mpumalanga, three families are still waiting for the remains of their loved ones to be brought to the surface so that they can give them dignified burials. They are Pretty Nkambule and Youvonne Mnisi, both mothers, and Solomon Nyirenda. They are believed to have been in the Lamp Room when the mine collapsed. Pretty is a mother of four children and Youvounne of two. Family spokesperson Mr Harry Mazibuko speaks of the many broken promises made to the family by a number of African National Congress (ANC) leaders, including Secretary-General Fikile Mbalula, former Mineral Resources Minister Mosebenzi Zwane, and former Premier and Deputy President David Mabuza. “There’s a lot of betrayal, there’s a lot of trauma…This government doesn't serve the people, doesn't care,” Mr Mazibuko says.  ActionSA President Herman Mashaba and Mpumalanga Provincial Chairperson Thoko Mashaba have now stepped in to assist with legal action against the mine owner and the State. Mashaba has also written numerous letters to plead with the ANC government to take action. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/22/202321 minutes, 48 seconds
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BN@10: Lorimer quizzed on SA's underground riches - red tape, nuclear energy and a change of government

In part 3 of his contribution to the BizNews@10 birthday conference, DA shadow minister of mineral resources, James Lorimer fielded questions from BizNews Community members in attendance. An endless supply of good news, Lorimer doubled down on South Africa's untapped oil and gas potential and added to that the country's rich - and still largely unearthed - mineral resources, including gold, uranium and possibly lithium. When asked what South Africa needs to do to unlock its bountiful resources, Lorimer retorted, "Change the government" and on concerns about climate change, answered, "One thing I am confident of, is that global warming is not going to kill us... it's way overblown." A crusader for the renewal of South Africa, it's difficult not to be excited by the prospects he shares. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/22/202315 minutes, 16 seconds
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BRICS Expansion Warning: Democracies Diluted, Rogues’ Gallery Silenced by 800-Pound Gorilla - Dr. Christopher Sabatini

The BRICS group of economies — Brazil, Russia, India, China, and South Africa — is convening for its 15th heads of state and government summit in Sandton this week. What could have potentially turned into a nightmare for South Africa had President Vladimir Putin attended, has now become an occasion for President Cyril Ramaphosa to shine on the international stage. The agenda includes discussions on the potential expansion of BRICS, with 40 countries expressing interest, including Iran, Saudi Arabia, Indonesia, and Egypt. On the eve of the summit, President Ramaphosa expressed support for the expansion, stating that it will represent a group of nations with a common desire for a more balanced world order. However, Dr. Christopher Sabatini, a Senior Research Fellow at Chatham House, has warned that there is a real risk that the weight of democracies in BRICS could be further diluted if it is expanded. He said that citizens of India, Brazil, and South Africa should ask themselves if they want to align with what is essentially a rogue's gallery of countries. In an interview with Biznews, Dr. Sabatini questioned the viability of a common BRICS currency, asking how a common currency can be created among countries that have shown little currency stability. He also said there is a need for trade protections for certain industries in peripheral BRIC economies to prevent them from being locked in providing raw materials to China, the 800-pound gorilla in BRICS. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/22/202323 minutes, 10 seconds
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‘Madam, please leave…” - Cachalia on “host of reasons” to sack Transnet CE

Mr Ghaleb Cachalia, the Democratic Alliance’s (DA’s) Shadow Minister for Public Enterprises has called for Transnet Chief Executive (CE) Portia Derby to be sacked. He speaks to BizNews after Ms Derby’s recent remarks at a business conference that there could be catastrophic job losses in the road transport sector when rail operations improved. Mr Cachalia says that instead of focusing on fixing what is wrong with Transnet's freight rail system, Ms Derby is focusing on shoring up the trucking industry, which is not part of her mandate. He calls her “seemingly incompetent” and accuses her of moving the focus away from the much-touted Road-to-Rail Strategy, “which has never been properly implemented, which has resulted in huge failures…which has affected our economy massively…” - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/21/202311 minutes, 50 seconds
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Zim to the polls:…despair, disinterest, determination to defend their votes…

Zimbabwe is going to the polls again this week in a mixed atmosphere of despair, apathy, hope, disappointment in the lack of service delivery by the opposition in urban areas, and talk of reform and transformation from the long-ruling ZANU PF government. This has emerged from an interview with Ringisai Chikohomero, a political analyst with The Institute for Security Studies (ISS). He speaks to BizNews from Bulawayo. He lists the reasons for the shift in support towards the ruling ZANU PF government in urban centres that have traditionally been “the backbone and the strongholds” of the opposition. He says the central business districts of Harare and Bulawayo have an “awful sense of dilapidation” - and does not in itself show the potential of the opposition in terms of managing and governing. “So this is what the citizens who are more perceptive could be looking at going into this round of elections.” Although there are also fears of election manipulation, people do feel they are better prepared to counter it, with “the young ones” saying: “But this time we're going to defend our vote; this time I'm not leaving the polling station until all the votes have been counted.” Meanwhile, there has been some “recognition and realisation” in the ruling party that for the country to move forward, it needs to reengage with the international community. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/21/202319 minutes, 3 seconds
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IEC launches first probe into unreported foreign political funding - Deputy Chief Electoral Officer Mawethu Mosery

There’s no doubt that the Independent Electoral Commission will be under more pressure than ever in the run-up to the 2024 elections. Expectations are high with the opposition hoping to unseat the ANC and the ruling party hoping it can cling to power. It could be a watershed moment for South Africa. The IEC is grappling with legislative changes and three ballot papers, which is a first for South Africa. There are a mind-boggling 540 political parties registered with the IEC in the country with 340 parties eligible to contest nationally which is an indication of how fragmented politics in South Africa is. In this interview with Biznews, Deputy Electoral Officer Mawethu Mosery said the IEC has made substantial progress in preparation for the election next year and was making more use of online registration. Mr Mosery said the commission was creating a platform for businesses and citizens to support political parties financially. He also revealed that the IEC has initiated an investigation in the first case of undisclosed foreign funding to a political party. He said it was brought to the IEC’s attention by a whistleblower. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/18/202321 minutes, 15 seconds
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BN@10: The Lorimer interview - a rare ‘good news story’ as we dig deeper into SA’s oil and gas bonanza

During the second part of James Lorimer’s keynote address at BizNews@10, he is quizzed on the scale of and challenges to SA’s impending oil and gas boom. Lorimer admits it’s the first ‘good news’ story he’s probably been able to tell during almost a decade and a half as a Member of Parliament - but it’s one he says desperately needs to be exposed to a discouraged nation. Hard to disagree. Investors, too, will be taking note. For instance, real estate on the Cape’s Western and Southern coasts - and in the Karoo around Beaufort West - require more than a cursory glance. JSE-listed HCI too. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8/18/202321 minutes, 45 seconds
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BN@10: SA's imminent oil and gas boom - Lorimer shares latest facts on nation's untapped treasure

The most astonishing part about this hugely bullish keynote to the BizNews@10 event, is that it was delivered by a politician who has no inventive to talk up the country's immediate economic potential. James Lorimer is the official opposition's shadow minister of Mineral Resources, and hot favourite to land the portfolio's cabinet position should the Multiparty Charter for SA prevail in the 2024 national election. Yet here he is, telling the BizNews tribe that a massive oil and gas resource is about to be unlocked, catapulting the country's economic prospects. I guess his journalistic background kicked in - news as good as this simply cannot be kept under wraps. - Alec Hogg   Learn more about your ad choices. Visit megaphone.fm/adchoices
8/18/202321 minutes, 56 seconds
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SAPS Whistleblower shackled in leg irons

South African Police Services (SAPS) Whistleblower Patricia Morgan-Mashale was taken into court in leg irons today (Thursday, 17 August 2023). This after she came out of hiding after 17 months to appear in the Bloemfontein Regional Court in the hope of having the warrant of arrest issued against her on 3 March 2023 cancelled. That warrant was withdrawn, but not until she had been arrested, taken to the cells - and into court shackled. In her reaction, Morgan-Mashale told BizNews: “My children were at court today to support me and they saw me in the leg irons. And I didn't want them to see that…I wouldn't have allowed them to go to court if I knew that I was going to be shackled.” Despite yet another harrowing experience, she remains defiant: “They can still open cases against me. I don't regret anything. I will do it over and over again. I don't regret speaking out about corruption.” Veteran police- and violence monitor, Mary de Haas, called the shackling of Morgan-Mashale "barbaric" - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/17/202310 minutes, 34 seconds
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FFM podcast ep16: Big swings; Shaftesbury; yes platinum, no gold; ABSA

The choppy nature of markets is playing itself out in the Fantasy Fund Manager game, with this week seeing a 23% difference between the best-performing stock Shaftesbury (7.14%) and worst-performing Impala Platinum (-15.24%). In this week's podcast, BizNews' Stuart Lowman was joined by Corion Capital's David Bacher and Ann Sebastian, head of equities at Terebinth Capital. Fantasy Fund is built on six specific sectors, and Ann looked at which sectors may offer value. She also offered some tips on which stocks may offer value in the financial services, resources and tech space, spoiler alert; it's not gold. Ann's investment tip for the week was ‘try not to be emotional when making your selections’. David also reveals a market tip after picking Shaftesbury as his Rand hedge this week. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Stock prices were correct at the time of the podcast recording. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/17/202317 minutes, 14 seconds
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Cape Town's mayor urges devolution of rail, unionising taxi drivers or risk repeat of violence and chaos

The star of Cape Town’s young executive mayor Geordin Hill-Lewis continues to rise - with his leadership abilities seen to good effect during the adept handling of the city’s potentially debilitating taxi crisis earlier this month. Like the city’s water crisis between 2015 and 2018, lessons appear to have been learnt from the challenge. Hill-Lewis reckons these include the need for Pretoria to devolve decision-making power on rail services; and find ways to address the working conditions under which taxi drivers operate - an arrangement which incentivises them to break the law. In this interview, the 36-year-old mayor also provides an update on the city’s progress towards fulfilling his campaign promise of ending loadshedding. He celebrates the role of an innovative power supply agreement to secure for Cape Town the first AWS Skills Centre outside of the USA, launched today. It brings Amazon’s seven-year investment commitment of a further R40bn on top of the R16bn already injected by the multinational. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8/17/202323 minutes, 22 seconds
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BN@10: GG Alcock - Informal sector myths anchors SA growth; delicacies for an expat’s palate

In the final part of his keynote address to the BizNews 10th celebration, author and informal economy expert GG Alcock engages with delegates, answering their questions and enlightening the audience about massive advances in Sa’s informal sector. He also attacks the army of myths that is anchoring South Africa’s economic potential. Don’t miss his missive at the end where he reminds us of what he could - and could not - get across to fix the homesickness of a then London-based expat. - Alec Hogg. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/17/202321 minutes, 8 seconds
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BN@10: GG Alcock - SA has become a nation of capitalists, not socialist revolutionaries, ANC is out of touch

In one of the most powerful interactions of the BizNews@10 conference, ’Kasinomics expert GG Alcock unpacks South Africa’s informal economy, booming entrepreneurship and out-of-touch government policies. He says this illustrates the massive disconnect between the ANC’s socialist beliefs and the capitalist reality evident everywhere in the country’s townships. It’s a wake-up call for the ANC leadership, its Blue Light Brigade whose distance from voters has caused them to act and legislate as though the country were still in the pre-1994 era. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8/17/202315 minutes, 40 seconds
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BN@10: GG Alcock - SA's economy in far better shape than believed, growing too, just not where you think

South Africa’s globally respected futurist Clem Sunter rates GG Alcock as one of the most important of all South African voices. Like Sunter, this White Boy raised Zulu in a Msinga mud hut is a champion of entrepreneurship. We have seen on numerous occasions that whenever GG Alcock gets the opportunity to engage with local audiences, he leaves them thinking differently about their country, uplifted and inspired. It happened again at the BizNews@10 conference. Can’t wait for BNC#6 in March 2024 where both GG and Clem have agreed to deliver keynotes. – Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8/16/202324 minutes, 32 seconds
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Evil monsters are hunting our children - Ian Cameron…

The civil rights campaigner is calling for a ban on bail for the perpetrators of violence against children - after Action Society attended five “harrowing” cases last week involving the rapes and murders of children - and “in the last 24 hours, we’ve got five violent cases of which two out of the five involve children”. Cameron reveals how many victims were killed by the same perpetrator that was previously charged with hurting them. He speaks of how criminals are granted many second chances, while “victims never get a second chance” , and says: “I honestly believe we've got monsters that literally hunt children and we need to treat them in the same way.” Learn more about your ad choices. Visit megaphone.fm/adchoices
8/15/202313 minutes, 50 seconds
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BN@10: Jan Oberholzer delivers a masterclass on how to get Eskom - and the SA economy - back on track

In the second part of his contribution to the BizNews@10 event, former Eskom COO Jan Oberholzer answered questions from delegates, focusing on the electricity utility's future, emphasising the necessity for organisational transformation. He advocated for a diversified approach, including a coalition with private sector energy suppliers. Oberholzer believes older power stations can be opened to independent power producers, also that the system requires substantial investment in transmission infrastructure. He also pointed to the critical role of storage solutions and addressed concerns about Eskom's ageing assets and the potential increase in electricity tariffs. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
8/15/202322 minutes, 50 seconds
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Women outperform men in investing: Here's Why and How more women can take the leap

Women face more challenges than men in wealth creation, particularly in South Africa, where the gender pay gap ranges between 23 and 35%, exceeding the global average of 20%. Alongside women taking breaks from the workforce for childcare, this results in lower lifetime earnings and significantly less wealth upon retirement than men. Furthermore, women often invest in low-return vehicles such as savings accounts or money market funds. However, studies, including a comprehensive investigation by Fidelity, reveal that women's investments tend to outperform men's, with a 0.4% annual advantage. In an interview with BizNews, Julie Anderson, a wealth manager at Overberg Asset Management, attributed women's investments' success to behavioural characteristics unique to them. Despite being less risk-tolerant, women are responsive to facts and make considered decisions. In contrast, men tend to be overconfident regarding investments and tend to overtrade. Moreover, Anderson noted that contrary to prevailing beliefs, women are far less emotional than men in making investment decisions. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/15/202326 minutes, 16 seconds
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Call for Kenyan Style Coalition, All-Star Cabinet before 2024 – TK Pooe

There seems to be a real prospect that coalitions will become a new reality at all levels of government in South Africa. It is not just the polls indicating that the ANC could receive less than 50% of the vote; a flurry of activity on both the government and opposition sides of the political spectrum is currently unfolding. An all-party workshop was convened by Deputy President Paul Mashatile to discuss national coalitions and opposition leaders - the Economic Freedom Fighters have not been invited - are holding a national convention this week to try to find agreement on a coalition that could shift the power balance in the country.In an interview with Biznews, TK Pooe, a senior lecturer, called for the establishment of a Kenyan-style coalition mechanism or vehicle with an all-star cabinet predetermined before the 2024 elections. Pooe says that South Africans are cynical; they want to know what a coalition would entail before casting their votes. Regarding the matter of who within the ANC would decide on potential coalitions, Pooe says that President Ramaphosa holds the cards and is in the camp that does not favour governing with the EFF. However, the ANC in Gauteng seems to be operating on a different planet and would do anything to survive. If the ANC receives less than 50% of the vote in 2024, Pooe believes that it would mark the end of Ramaphosa's presidency and pave the way for Deputy President Paul Mashatile, who is not opposed to collaborating with the EFF. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/14/202323 minutes, 5 seconds
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Gayton McKenzie on the DA and ANC’s “Vegas” wedding plans

The Patriotic Alliance (PA) Leader says “we know they have a deal…everything has been agreed, they are just working out the lobola…” He warns, “Both of them are gonna pay dearly because it will be the end of the DA - and it will be the near-end of the ANC." McKenzie also predicts an imminent three-way split in the ANC between the faction of President Cyril Ramaphosa, ousted Secretary General Ace Magashule and former President Jacob Zuma, saying: “I just think that they've pushed Jacob Zuma too far…I think he's going to teach them a lesson.” He reveals that there’s a “Black Pact” rising amongst political parties to form one party. McKenzie calls the Economic Freedom Fighters (EFF), McKenzie “the wild card” of the coalition of 2024 - and calls for a ban of the song “Kill the Boer, Kill the Farmer”. He also gives the low-down on his close friendship with billionaire businessman Rob Hersov, and divulges what they agree on - and what they don’t agree on. And he shares the details of his recent visit to Israel. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/14/202328 minutes, 33 seconds
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No Ubuntu for the Dead…Mayhem in SA’s State Mortuaries

Missing bodies, missing body parts, bodies piling up, bodies being handled by unqualified personnel, bribes to view bodies…These are just come of the ways in which the rights of deceased people and their families have been violated in South Africa’s State mortuaries. BizNews speaks to Professor David Mc Cuoid-Mason, a lecturer in Medical Practice at the University of KwaZulu-Natal. He has been fighting for the control of Forensic Mortuary Services to be removed from the Department of Health and placed under the control of an independent body to ensure that the rights of both the deceased and their relatives are respected. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/14/202318 minutes, 17 seconds
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How Google-backed HealthDart is Bringing Tech-enabled Efficiency to South Africa’s Ailing Health Care System - Njabulo Skhosana

The pandemic has accelerated the shift towards digital healthcare. However, digital healthcare is still in its infancy in South Africa, with fewer than 100,000 patients using digital services. There is huge potential for expansion, and one of the companies aspiring to revolutionise healthcare in South Africa through technology-driven solutions is HealthDart. HealthDart has been selected to be part of the Google for Start-ups Black Founders Fund 2023 cohort. In an interview with Biznews, HealthDart CEO Njabulo Skhosana said that the company wants to use technology to streamline the patient journey to primary healthcare which is characterised by inefficiency and fragmentation. He said that they would be working with Google to improve their products and were interested in establishing partnerships with medical aid organisations within the country to make healthcare cheaper and more accessible. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/14/202319 minutes, 43 seconds
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Purple Group and GCash team up to redefine Filipino investing with EE and innovative gamification

In a recent interview with Rish Tandapany, Chief Operating Officer of the Purple Group, Alec Hogg delved into the intriguing story of Purple Group's expansion into the Philippines and its partnership with GCash. The conversation shed light on the motivations behind this strategic move, the synergies between the two entities, and the potential impact on the Filipino and global investment landscape. *EasyEquities and GCash make investing Easy with the innovative platform “GStocks Global". *For more information visit - https://bit.ly/3CkBJNz Learn more about your ad choices. Visit megaphone.fm/adchoices
8/14/202324 minutes, 9 seconds
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BN@10: Eskomite no more, Jan Oberholzer shines a light on the future of load-shedding

Four weeks after Alec Hogg’s fascinating interview with then Eskom consultant and former COO Jan Oberholzer, the electrical engineer returned to the same venue to provide an update at the 10th BizNews birthday celebration. Having only recently departed Eskom, well ahead of the expiry of his contract, Oberholzer explained the reason for the sudden departure and shared his views on how long South Africa will be plagued by scarce electricity - extensive power cuts which the nation knows by a more polite title of ‘load-shedding’. This is the first part of his contribution, an interview with the BizNews founder. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/11/202324 minutes, 16 seconds
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Trillions of state capture loot can be recovered with civil freezing orders - If the state allowed it...

Attorney Christopher Bean, who specialises in the recovery of stolen monies and assets, says: “We want to have it frozen in terms of local freezing orders which apply in those different countries. And then we want to bring the money back. It's that simple. However, says Bean, “there are people who don't want us to do that because it will expose who are the beneficiaries” of that money. And without a mandate, either from the National Prosecuting Authority (NPA) or a State Owned Enterprise (SOE), Bean can’t go after State Capture loot stashed across the world. He is now challenging CEOs of Public Enterprises to “have the cojones to stand up and have a conversation with us and see if we can help recover the money that belongs to this country so that we can all benefit”. Civil Attachment Orders a.k.a Freezing Orders, Mareva Injunctions and Magnitsky Attachment Orders are currently being used very successfully to attach millions of US$ in Putin Oligarch funds all over the world. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/11/202322 minutes, 4 seconds
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Slow march back to the office, but office workers want flexibility - Anne Rutledge, Resourgenix

The pandemic uprooted the majority of office workers from their 9-to-5 workdays. Work from home (WFH) became the new normal for millions of people around the world and some took the opportunity to move to other cities or the countryside. However, there has been a slow march back to the office, with even Zoom, the video conferencing company that became synonymous with WFH, joining a parade of companies requiring employees to show up in person. In an interview with Biznews, Anne Rutledge, the Executive Director of Talent Solutions at Resourgenix, said that the workforce is asking for flexibility and that companies need to embrace hybrid work, as it is here to stay. Rutledge said companies need to have conversations with their workforce and put measures in place to address issues particular to South Africa like loadshedding. The world has changed from the 9-to-5 model, she says, and talent will look for opportunities that embrace that change. Sponsored by Resourgenix Learn more about your ad choices. Visit megaphone.fm/adchoices
8/11/202321 minutes, 10 seconds
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Providing access to music education for underprivileged children through recorders

The recorder was a popular instrument 400 years ago inspiring renowned composers like Monteverdi, Vivaldi, and Bach to write concertos for these small whistle-like instruments. Over time, it has become synonymous with primary and elementary schools worldwide. In South Africa, it is something that is also taken for granted in many private schools but underprivileged children do not have access to recorders. Roland Moses, a musician, and senior lecturer at Tshwane University of Technology wants to change that and introduce recorders and formal music teaching into underprivileged schools. He has just launched a pilot programme to introduce recorders into the Love Trust’s Nokuphila School in Tembisa on the East Rand. Moses told BizNews about the recorder craze at the school and the benefits of music training in early childhood development. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
8/11/202315 minutes, 40 seconds
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BN@10: Herman Mashaba probed on Gayton, God, Jobs, Leadership + Action SA’s preparations for 2024

In Part Three of Herman Mashaba’s keynote to the BizNews 10th birthday celebration, the leader of Action SA engaged with the 200 delegates, answering questions about his political views, leadership, and his concerns for South Africa. He expresses trust in Gayton McKenzie over the DA, discusses the integration of spirituality into governance, outlines plans for his party’s structure, and shares strategies to tackle unemployment. He also highlights his fight for justice, concern for the country’s future, and the challenges and threats he faces. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/11/202320 minutes, 52 seconds
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Sharenet’s Martin Strauss reveals strategies to navigate global competition in South African retail

In a recent interview on BizNewsTV, Martin Strauss, a wealth manager at Sharenet, discussed the emerging challenges in the South African retail sector posed by international digital retailers, particularly Shein and Temu, along with the potential impact of Amazon’s entry into the market. The interview shed light on the profound changes occurring in the industry, the structural threats to local retailers, and the need for strategic responses. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/11/202321 minutes, 16 seconds
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FFM podcast ep15: Pre-market pow-wows; the long game; Quilter; Thungela

Quilter and Thungela Resources jumped more than 10 percent this week (at the recording time) to shake up the Fantasy Fund Manager standings. But the big moves highlight that a week is a short investment time. In this podcast, BizNews' Stuart Lowman was joined by Corion Capital's David Bacher and Rene Zietsman from Portfolio Metrix. Rene is leading the overall Fantasy Fund Manager game; she gave us insights into what's working for her, including a weekly Monday morning meeting with a fellow Fantasy Manager to discuss the week ahead's strategy. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/10/202318 minutes, 28 seconds
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SA's "hinge-of-history" moment - DA Leader John Steenhuisen

Democratic Alliance (DA) Leader John Steenhuisen on why 2024 could be the year of change…Many people see South Africa’s national election next year as a “hinge-of-history moment”. That is the belief of Democratic Alliance (DA) leader John Steenhuisen who speaks to BizNews from Clarens in the Free State where has been engaging with local communities. Steenhuisen hopes that the upcoming historic National Convention of Opposition Party leaders will result in the setting aside of petty differences; egos being left at the door - and a blueprint for building a new majority. As for the recent National Dialogue on Coalition Governments lead by Deputy President Paul Mashatile, Steenhuisen says: “I think it's a startling admission from the ANC that they are going to lose the majority next year.” However, he says there is consensus that coalitions have to be stabilised so that large parts of government are not paralysed because of poorly crafted or messy coalitions that are standing in the way of service delivery. Highly motivated by his journey through the Free State, he says: “…as heartbreaking as it has been, it's also been absolutely inspiring to see how communities are stepping in where government has retreated”. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/10/20238 minutes, 41 seconds
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BN@10: Mashaba interview - Unholy pact between Big Business and ANC

During his interview with Alec Hogg at BizNews@10, ActionSA leader Herman Mashaba laid into the cosy relationship between Big Business and the ANC - accusing corporate South Africa of feathering its own nest at the cost of society. Never one to shrink from controversy, Mashaba believes this unholy alliance is based on a determination of many executives to retain the status quo and keep disadvantaging small and medium-sized companies. Mashaba says he is also driving an agenda to bring spirituality back into South African life, attacking atheist-by-conviction SACP, which he says has, through its ANC partner, created a situation where a tiny fraction of non-believers (Mashaba puts it as 2%) dictates to the vast majority who profess to be Christian, Hindu, Moslem or Jewish. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/10/202322 minutes, 18 seconds
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BN@10: Herman Mashaba – Count me out of any coalition that includes the criminal ANC

Self-made entrepreneur and Action SA founder and president Herman Mashaba delivered a stirring keynote at the BizNews@10 conference, re-iterating a consistent message – his young political party was created to eject the ‘criminal’ ANC from power, and he will never serve in any coalition that includes them. Mashaba’s lessons from his entrepreneurship journey and running the country’s biggest city shaped his approach to life and politics. In short: work hard, trust God and fight evil – and you will win. As Mashaba believes Action SA will do in next year’s watershed national election. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/10/202322 minutes, 15 seconds
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BN@10: Hersov engages on Jeffery’s book; CR; BRICS; Russia; ANC after losing power

The third and final section of global entrepreneur and Harvard MBA Rob Hersov’s keynote address at the conference to mark the BizNews 10th anniversary. Hersov answers questions from assembled members of the BizNews tribe, including pointed issues raised by famous podcaster Penuel ‘The Black Pen’ Mlotshwa. This section covers issues from socialism and Cyril Ramaphosa’s leadership through to BRICS, Russia’s involvement in SA and how the ANC is likely to react after losing its majority in the South African Parliament next year. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/9/202312 minutes, 22 seconds
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BN@10: The Hersov interview - Coalitions, Gayton and SA post '24

During the interview section of his BizNews@10 keynote, Rob Hersov applied his mind to the likely political coalitions after the 2024 National Election. His preference - and that of the international investing community - is clearly for a Moonshot Pact victory, but with other permutations possible, Hersov offers his best ideas on their consequences. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/8/202317 minutes, 4 seconds
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BN@10: Rob Hersov 'reserves a special place in Hell' for SA's appeasing business execs

When handed a microphone and offered a podium, global entrepreneur turned business activist Rob Hersov rarely disappoints. Some deliveries, however, are better than others and his ad-libbed opening address at the conference to celebrate the 10th BizNews anniversary was a tour de force. Hersov took no prisoners, castigating SA business leaders whom he believes are colluding with the ANC government – and sharing his dream of a country fulfilling its undeniable potential after the 2024 National Election. Potent. Inspirational. Visionary. If this doesn’t fill you with hope, nothing will. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/8/202322 minutes, 45 seconds
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SA "softening" towards the West in difficult balancing act

Ronan Wordsworth of Geopolitical Futures - based in Prague in the Czech Republic - tells BizNews that while there's “this idea that perhaps South Africa had shifted quite far towards the Russian camp”, the African National Congress (ANC) has recently actually been “softening” towards the West, and is possibly bringing their stance back “more towards the middle ground”. He says if the ANC needs a coalition partner after next year’s general election, it would have to pick parties that would promote the growth of the South African economy, “which is desperately needed at the moment”. He explains why Kenya - as an African country - and India - despite being in BRICS - have managed to find a workable middle ground between East and West. And he points out that too much focus on Russia at the upcoming BRICS Summit in South Africa “will really upset the balance of South Africa's economy and trade and foreign policy interests compared to the other BRICS partners”. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/8/202317 minutes, 52 seconds
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Putin’s long game, Prigozhin’s appetite for Africa, and provocation on the Polish border…

BizNews has received a photograph of a soldier with a Wagner Group badge taunting Poland with his arrival on its border. Another photograph shows a Wagner badge being held up next to the “Polenska” sign. BizNews has also received Flight Tracker maps showing a private plane, believed to belong to Wagner’s Yevgeny Prigozhin flying from St. Petersburg to Belarus and departing again a day later. We ask Andrei Kebkalo, the founder of the Omega Consulting Group (OCG) in Ukraine, for his take of these developments. He speaks about Russian President Vladimir Putin’s long-term goal of building a Russian Empire, Wagner’s big appetite for Africa, and Ukraine’s lack of manpower in a long war which he sees as only the beginning. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/7/202323 minutes, 37 seconds
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Malema’s Cuban Dream for SA: A Basket Case Nobody Would Want to Live in

Economic Freedom Fighters leader, Julius Malema, has consistently voiced his support for a socialist form of government, often citing Cuba as an example of the direction he envisions for South Africa if his party were to gain a majority. Malema’s tweets have described Cuba as a successful socialist state, and he seems drawn to the idea of enduring leadership akin to the Cuban communist leaders who have held power since the 1959 revolution. To gain insight into Malema’s vision of a South Africa modelled after Cuba, we sought the expertise of Dr. Christopher Sabatini, a senior Research Fellow for Latin America and the Americas program at Chatham House. In an interview with Biznews, dr. Sabatini refutes the notion of Cuba’s success as a socialist state, describing it as an economic basket case that primarily relies on tourism and the export of doctors for survival. He reveals that a significant number of Cubans, 100,000, have fled the country this year alone due to poverty and malnutrition, and that the perception of good Cuban health care is false. Cubans have to bring their own bed sheets to hospital and there is no medicine. Just this week, a Cuban legislator named Carlos Miguel Pérez, who is the only businessman in the country to sit in the communist National Assembly, highlighted the Cuban economy’s inability to provide enough food for all. Pérez said that even a basic item like Gouda cheese costs more than what a state worker is paid in a month, roughly 4,000 Cuban pesos or $20.  Learn more about your ad choices. Visit megaphone.fm/adchoices
8/7/202319 minutes, 54 seconds
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The ghost of unfulfilled promises

A ghost Container Park and empty sites where others should have been erected for Small, Medium, and Micro-sized Enterprises (SMMEs) are symbols of the mismanagement of Local Economic Development (LED) funds in some Free State towns. BizNews speaks to Irene Rügheimer, a PR Councillor for the Democratic Alliance (DA) in Dihlabeng in the Free State. She reveals the reasons for this, the challenges faced by the municipality - and the profound impact on the local communities. It is a tale of unscrupulous tactics to abscond with funds; unfinished projects; lack of accountability; the urgent need for reforms; and a glimmer of hope amongst all these challenges. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/3/202314 minutes, 35 seconds
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ANC Veteran's League president Zikalala: Coalition with DA - sure. With EFF - absolutely no way.

South Africa will need all the cool heads it can access over the few months as the country moves towards the watershed 2024 National Election, where its long-time rulers are likely to lose their Parliamentary majority. One-time Robben Islander and former MD of News at the national broadcaster Dr Snuki Zikalala, weighs in with a hopeful message to counter those predicting chaos. Zikalala was this week re-elected president of the ANC Veteran’s League, which he explains is the most important of the movement’s three fundamental structures. In this powerful interview, Zikalala argues that popular opinion and even pundits like RW Johnson are wrong about the far-left EFF being the ANC’s “natural partner” - explaining why, post-2024, it would be impossible for the two parties to enter into a governing coalition. On the other hand, provided pre-conditions are met, he is confident a coalition between the ANC and the Democratic Alliance, the official opposition, would work in the national interest. Controversial within some quarters, but Zikalala has never been afraid of rocking the boat. His message offers an inside track into thinking within the ANC, and is sure to be welcomed by moderates hoping for a post-2024 turnaround in the country’s flagging fortunes. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/3/202322 minutes, 33 seconds
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FFM podcast ep14: The Naspers gravy train; Banyana-inspired women's month; R5,000 extra for August's winning woman

The Naspers share price moved from a low of around R1450 in May last year to R3465 at the time of recording the podcast. This is as the group looks to close the door on its complex cross-holding structure at the AGM later this month. In this week's podcast, BizNews' Stuart Lowman was joined by DMA One's quantitative analyst Charlotte van Tiddens and Sharenet’s director of operations, Fran Blom. Charlotte tackled the Naspers question, expecting more growth in the Naspers' share price run. At the same time, Fran picked up where Banyana Banyana left, announcing an extra R5000 Fantasy Fund Manager prize for August’s winning woman, and gave us the stats behind women in finance. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/2/202317 minutes, 29 seconds
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Corruption fuels coups… - Prof Asamoah on the causes of coups

“Unbridled” corruption, poverty - and poor governance are fuelling coups in Africa. BizNews speaks to Professor Humphrey Asamoah Agyekum of the University of Copenhagen in Denmark following the most recent coup, this time in Niger. He lists some of the main reasons behind the many coups - specifically in West Africa. He also discussed the link between coups in West Africa and coup leaders trained in the West. Commenting on one of the coups whose leader was US-trained, Professor Asamoah says: “So that, of course, also led to lots of discussions about what exactly was he trained in. Was he trained to overthrow the government or was he trained in something else, right? - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/2/202319 minutes, 38 seconds
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David Bacher recaps choppy July - tags SA financial sector’s winners and losers

In our monthly recap of the markets, David Bacher of Corion looks back at a month when the Rand outperformed, helping South African shares post a rare performance victory over their global counterparts. Bacher highlights the importance of a long-term perspective and diversification in investment strategies, offering examples of the fruits this delivers. The interview also touches on the significance of Women’s Month and promoting greater female participation in financial markets. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/2/202326 minutes, 4 seconds
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Cyber mercenaries: Inside the shadowy world of the silent warriors

The activities of Cyber Mercenaries are becoming an increasing threat to peace and security in South Africa and the rest of the African Continent. They are willing to fight a Cyber War for anyone who is prepared to pay for their highly specialised services, including: Denial of Service Attacks, Surveillance, Espionage, Malware ‘kits’, Hacking, Social Engineering, Information Gathering, Spam/Scam Distribution, Social Media Bots, The Sale of Stolen Information; and the Generation of Deep-Fakes. BizNews gets taken into their world by Noelle Van der Waag-Cowling, the Cyber Programme Lead at the Security Institute for Governance and Leadership in Africa (SIGLA) at Stellenbosch University. She talks about their capabilities, their clients, their motives, their modus operandi - and shares details of some of the damage they have inflicted already. "Any type of cyber activity that you'd like to execute can be at your fingertips if your money is right,” she says. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
8/2/202326 minutes, 51 seconds
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How corruption kills - Jack Bloom on almost 30 years of looting in Gauteng

The Gauteng government has been rocked by corruption scandal after corruption scandal for nearly three decades. Veteran Democratic Alliance (DA) politician Jack Bloom, who has served in the Gauteng government since 1994, has witnessed it first hand. He gives BizNews the details of case after case in a province where three of the “Top Seven” in the ruling African National Congress (ANC) came up through the ranks. He describes how some corrupt officials simply got re-elected while others have never been held accountable because of never-ending investigations. “It's quite clear there's an utter lack of shame and utter lack of accountability…And I'd like to see some justice and accountability finally. These cases need to come to court, you know, and people need to be found guilty.” Learn more about your ad choices. Visit megaphone.fm/adchoices
8/1/202331 minutes, 46 seconds
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Neal Froneman on why he's working with organised business, attacking criminal syndicates: ‘It’s like the country’s in business rescue.’

Not long ago, global mining entrepreneur Neal Froneman’s was the only name worth mentioning when asked about SA business leaders calling out its incompetent, corrupt government. Of late others have joined the Sibanye-Stillwater CEO, with the common view among SA business leaders is the country has fallen so far that it’s in a place where there is no longer any downside for those speaking truth to power. In this interview, Froneman explains why, for the first time in his long entrepreneurial career, he has joined into an organised business initiative with the government. He shares the progress so far and what he expects to achieve alongside Remgro’s CEO Jannie Durand in the Crime and Corruption workstream - and leaves us with a message of hope. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/1/202325 minutes, 27 seconds
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WSM: ‘President’ Mbalula? Self-styled Mr Fixit eyes corner office in Union Buildings

William Saunderson-Meyer, author of SA’s longest-running political column, revisits a kite he first flew six months ago - the potential national presidency of 52-year-old Freestater Fikile Mbalula. In recent weeks. Mbalula has been calling out his ANC colleagues from the councillors at Umsunduzi and supposedly powerful cabinet incumbents through to president Cyril Ramaphosa. WSM applies his mind to the question of whether self-proclaimed ‘Mr Fixit’ will ascend from ANC secretary general to the corner office in the Union after the 2024 election. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/1/202321 minutes, 16 seconds
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Peregrine Capital 25th Birthday - How SA’s oldest hedge fund pioneer generates those 100x returns

This interview explores the 25-year success story of Peregrine Capital with its co-founder and executive chairman, David Fraser, and CEO, Jacques Conradie. They share insights into their investment philosophy and strategies, emphasising the importance of backing strong franchises and conducting thorough fundamental research. They also highlight the need for disciplined selling and avoiding emotional attachments to investments. There's also valuable advice to aspiring investors, encouraging lifelong learning and the importance of understanding management teams as it can lead to rewarding opportunities to buy - or short-selling prospects. Learn more about your ad choices. Visit megaphone.fm/adchoices
8/1/202329 minutes, 4 seconds
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2024 Election about "numbers, not politics"

A former Security Branch (SB) informer who defected to the African National Congress’ armed wing uMkhonto we Sizwe (MK) as an intelligence operative - and who left the ANC after 32 years to form his own party - is one of the opposition leaders who will be at the upcoming national convention of “pact” members. He is Neil De Beer of the United Independent Movement (UIM). He speaks to BizNews about what he fought for in the past and what future he is fighting for now. De Beer gives his reasons for joining the “Moonshot Pact Coalition”, and says the 2024 election is about “numbers” and “logistics” - not politics. De Beer also speaks about what drives him, his epic cancer battle, and his relationship with God. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/31/202323 minutes, 35 seconds
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African leaders show little enthusiasm for Putin’s charm offensive - Peter Fabricius

President Cyril Ramaphosa and other African leaders have gathered in St. Petersburg for the second Russia-Africa summit. The previous summit took place in Sochi in 2019. Amid Russia's deepening isolation from the West due to the invasion of Ukraine, President Vladimir Putin has increasingly turned to Africa. However, Independent Journalist and Foreign Policy Analyst Peter Fabricius told BizNews that only 17 out of the 43 African leaders who attended the 2019 Sochi summit indicated their willingness to participate this time. Fabricius emphasised that Putin's hosting of the African leaders is an attempt to demonstrate that he is not as isolated as the West perceives him to be following the invasion. African leaders, he said, are hoping to reinstate the export of Ukrainian grain. Fabricius also shared that despite being accredited as a member of the press for the summit, his accreditation was unexpectedly withdrawn at the last minute—a move he suspects may have been initiated by the Russian embassy in Pretoria - Linda van Tilburg Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. --- Timestamps 00:09 - Introductions 00:47 - Peter Fabricius on being withdrawn accreditation to attend the summit 02:29 - If any of the pledges from the last summit materialised 03:08 - On the drop of African attendees 04:01 - On what Putin is trying to get from the summit 04:53 - What the African leaders are hoping to gain 06:06 - On the Russian's bumper crop of grain from Ukraine 07:36 - On if African leaders will mention the influence of the Wagner group in Africa 08:35 - On if the peace initiative that Ramaphosa and some African leaders initiated might be on the table 10:14 - How the West sees this 11:34 - On the human rights violations in Ukraine and if they will be discussed 14:35 - On if Jacob Zuma will attend the summit 15:40 - Any new developments on the BRICS Summit 16:41 - Conclusions Learn more about your ad choices. Visit megaphone.fm/adchoices
7/31/202317 minutes, 2 seconds
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Exclusive Martin Wolf: Insights on SA’s path to success and wake-up call for Democratic Capitalism

Martin Wolf, the esteemed chief economic commentator at the Financial Times, requires little introduction. Regarded as the gold standard of financial and economics journalism, Wolf’s latest book, The Crisis of Democratic Capitalism, serves as a wake-up call for democratic nations. In it, he highlights the faltering marriage between democracy and the market economy, exposing democratic nations to the perils of profoundly anti-democratic forces. In an exclusive interview with Biznews, Wolf delves into his background and how it has shaped his perspectives, illuminating the concerning backsliding of democracy and proposes remedies to reverse this decline ‘before it is too late’. Reflecting on South Africa, a country for which he penned his “saddest but perhaps best column” in the early 2000s, Wolf laments the predatory and non-productive elite that is not creating new wealth. The leadership’s unbelievably difficult task, he says, has deteriorated. He emphasises that South Africa’s path to success necessitates the economy to grow at 5% a year and the incomes of the poorest should grow at 7 or 8%. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/28/202328 minutes, 50 seconds
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How to hedge against volatility with overseas investments – Julian Adshade from Sable International

Amid the mounting political uncertainty in the lead-up to the 2024 elections, coupled with the persistent volatility of the Rand and unsettling discussions on the term 'failed state,' South African investors are increasingly turning their gaze towards foreign shores in pursuit of financial security. Julian Adshade from Sable International says that the depreciation of the Rand stands out as the primary impetus driving South Africans to contemplate offshore investments. The Rand, he said, has depreciated 6.5% per annum against the dollar since 1994. Furthermore, the looming political risks associated with the upcoming elections and the notion of securing assets abroad for the benefit of future generations contribute to the growing discourse on safeguarding funds by investing them overseas. During this interview with BizNews, Julian Adshade delves into the advantages of offshore investments for South Africans, explores the various investment vehicles worth considering, and provides insights into the potential tax implications of overseas investments. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/28/202319 minutes, 35 seconds
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Putin's "Shadow army" - Wagner - On the move again...

There is rising concern in Europe as soldiers of the Wagner Group are on the move again. BizNews gets news of the latest developments from the Omega Consulting Group's (OCG's) Andrei Kebkalo, who describes the Wagner Group as “Putin's Shadow Army". He counted 13 Wagner columns crossing the border with Belarus, with the last one arriving this morning (Friday, 28 July). There are also 3,000 to 4,000 personnel and 800 vehicles in the Wagner field camp 200 kilometres from the Ukrainian border. Another 10,000 personnel is expected to arrive. As for fears that they could soon be heading to Poland, Kebkalo says it is a “possibility” as the Russians are trying to drag NATO countries into the war. He also gives an update on the “very difficult counter-offensive" and reveals that the military is in a “terrible state” while corrupt Government officials are crossing the border with suitcases full of US dollars, and people are buying golden chairs, golden tables, and “everything made of gold”. Kebkalo says: “It's very embarrassing because for some people, a war in Ukraine is a tragedy. And on the other hand, for other people, it's like a free ticket to a dream life.” Learn more about your ad choices. Visit megaphone.fm/adchoices
7/28/202325 minutes, 11 seconds
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SA fire-fighting giants extinguishing the World's wildfires – Trevor Abrahams

South Africa has emerged as a formidable force in fighting wildfires all over the world, with firefighters from the job-creation program "Working on Fire" gaining international recognition. In June, a team was dispatched to Edmonton, Canada, to bolster firefighting efforts against raging blazes that had consumed homes for over a month. What sets the South African team apart from others is their tradition of singing, which has gone viral. Trevor Abrahams, Managing Director of "Working on Fire," told Biznews that the program is providing employment and fostering cohesive teams that are sought after overseas. He said with climate change predicting worsening wildfires, their services are increasingly in demand and their "business is going to boom." Commenting on the wildfires in Europe and parts of Northern Africa, Abrahams said the increased exposure of some countries to wildfires necessitates preventative work, governments should be shifting more resources to forestall wildfires. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/28/202318 minutes, 49 seconds
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Altvest Mk II: Stafford, GG join Wheatley’s dream - repositioned, now watch it fly

It’s been two years since Altvest burst onto the South African investment scene, promising to democratise private equity by offering a way into private companies for small investors. The challenge, however, was more daunting than anticipated and only two listings have been concluded to date - far from the ‘one a month’ that had been anticipated. But founder and CEO Warren Wheatley says lessons have been absorbed - and this week Altvest announced the appointment of a new chairman and three fresh directors which is likely to give the visionary concept fresh impetus. In this interview, Wheatley, new chairman Stafford Masie and one of the new non-executive directors GG Alcock share their excitement. They spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/28/202328 minutes, 38 seconds
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FFM podcast ep13: Playing the Rand; Trust the fundamentals; Beating the benchmark

The South African Rand hit a record level of 19.92 against the United States Dollar in June. And despite returning to the mid-17s this week, the longer-term trend is weaker. But what does this mean for Fantasy Fund Managers? In this week's podcast, BizNews' Stuart Lowman was joined by Corion Capital's David Bacher and Simon du Plooy. Simon, the head of asset allocation at the fund manager, broke down internal and external events that drive the local currency but, more importantly, how these movements impact the shares in the game. Stock rotation has been spoken about on the podcast before, and the currency trend, whether up or down, is at the heart of this rotation. David also pulled out the benchmark return of the 60 shares and explained how 64% of managers are currently beating the index. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/27/202319 minutes, 19 seconds
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Time to Rein in 'Unthinkable' Lack of Oversight on Presidency's Budget" – FFP Plus Chief Whip Corné Mulder

The Presidency budget, known as Budget Vote 1, stands at R625 million but notably lacks a Parliamentary oversight committee—a matter of ongoing concern for several political parties advocating for increased scrutiny of the Presidency. Judge Zondo's state capture report has also underscored the need for an accountability-focused committee. While the ANC has been dragging its feet on appointing an oversight committee, they agreed to examine similar committees established in the United Kingdom Parliament to oversee the British Prime Minister. Members of Parliament’s Rules Committee, including Chief Whip of the Freedom Front Plus, Corné Mulder, have just returned from this visit. Mulder told Biznews that he would like to see the robust interaction with the head of government in the UK replicated in South Africa’s Parliament with the opposition chairing committees, and told Biznews that it was "unthinkable" that the President was spending taxpayers' money without adequate legal oversight, especially as President Ramaphosa is consolidating power in his office. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/27/202313 minutes, 54 seconds
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THE BRICS SUMMIT - GREAT EXPECTATIONS, GREAT CHALLENGES

After months of diplomatic and legal drama over the attendance and then the non-attendance of Russian President Vladimir Putin, the focus is now on the agenda at the BRICS Summit in South Africa next month. There is much hype over speculation that this BRICS Summit could open the door to a new world order with a move towards “de-dollarisation” and the induction of powerful new members like oil-rich Iran and the UAE. BizNews asks Sanusha Naidu, Senior Research Fellow at the Institute for Global Dialogue, what outcomes can realistically be expected. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/27/202325 minutes, 1 second
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Creating collaborative civic coalitions: The Makana Circle of Unity

In this final episode of the Kagiso Trust campaign, we explore the inspiring story of the Makana Circle of Unity, a collaborative civic coalition. In this interview, Paul Smith, the Local Government Support Head for Kagiso Trust, and Sisesakhe Ntlabezo, the Programme Manager at Makana Circle of Unity, share their experiences in fostering radical collaboration to improve service delivery and governance at local level. Discover how they navigate challenges, build trust, and bring together stakeholders to work towards a common purpose, providing valuable insights into replicable models of community-driven development. Join us for this 6-part series with Kagiso Trust as we explore ways of being a part of the solution and not part of the problem. Sponsored by: Kagiso Trust - https://bit.ly/3N4FZ9e In case you missed it: Epi 1: https://youtu.be/k7NlmMGUzXY Epi 2: https://youtu.be/P3Xrn_VfBgY Epi 3: https://youtu.be/ppMCtp5KanE Epi 4: https://youtu.be/C5dQy6U0M-Q Epi 5: https://youtu.be/XD6p8CFlP5U Learn more about your ad choices. Visit megaphone.fm/adchoices
7/27/202329 minutes, 33 seconds
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Composition of coalition "pact" government on the agenda at historic national convention

Opposition party leaders gathering at next month's national convention will aim to agree how the coalition would constitute a “pact” government. This emerges from an interview with Dr Leon Schreiber, the Democratic Alliance’s (DA’s) Shadow Minister of Public Service and Administration. Also on the agenda will be a minimum programme that, should a government be constituted out of this pact, it would be looking to implement. That would be a set of policy solutions to the five or ten biggest problems in South Africa. Meanwhile, one or two more parties may still join the six already involved: those being the DA, the Inkatha Freedom Party (IFP), the Freedom Front Plus (FF+), Action SA, the United Independent Movement (UIM), and the Spectrum National Party. Parties that are not part of the pact process include GOOD, the Patriotic Alliance (PA), and Al Jama-Ah. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/26/202318 minutes, 42 seconds
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RW Johnson: Why ANC-SACP persists with disastrous economic policy; Joburg's unfixable water crisis

RW Johnson, the most popular columnist on BizNews Premium, exhibits his trademark ‘take-no-prisoners’ approach in this powerful interview where he explains the ANC-SACP’s seemingly illogical pursuit of long discredited economic policies. He says the ruling party’s policy blueprint, the National Democratic Revolution, has even been disavowed by the Soviet Union bureaucrats who created the destructive template in the 1950s. Persistence with this failed plan speaks of a political leadership bereft of ideas and out of touch with the destruction their decisions have wrought. Such an approach is sure to deliver the sticky end that always follows extended periods of low economic growth with continued accumulation of national debt. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/26/202321 minutes, 32 seconds
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Frans Cronje: Voters say DA’s W Cape template is shining ever brighter; Great AGOA news

In this in-depth interview, Dr. Frans Cronje of the Social Research Foundation offers detailed insights into political dynamics across South Africa's provinces with particular emphasis on the Western Cape where the SRF has just concluded in-depth research. Cronje examines shifting voter sentiments in the DA-run province, concluding that newcomers Action SA and the Patriotic Alliance are attacking the wrong target - they would do better by focusing on former ANC voters whose support in the Western Cape is down from a recent 30% to just 10%. Cronje, currently engaging with movers and shakers in Washington also shares excellent news on AGOA and the US's renewed interest in Africa after realising the gains made on the continent by Russia and China. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/25/202326 minutes, 56 seconds
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Putin's BRICS dream, Ramaphosa's nuke nightmare, Wagner's new leader and the long war...

Russian President Vladimir Putin “really wanted to show up” at the BRICS Summit in South Africa next month - “and he really wanted to show the world that the rules imposed by the international community, as he perceives it, don't apply to him because that's what he does; he always gets away with things that are somewhere written or deemed undoable”. These are the words of the Czech Deputy Minister of Defence, Dr. Tomáš Kopečný, who is also the Governmental Envoy for the Reconstruction of Ukraine. He speaks to BizNews following the decision by Putin not to attend the summit next month to avoid getting arrested in terms of an International Criminal Court (ICC) warrant for war crimes in Ukraine. Dr. Kopečný says there was absolutely no chance that Russia would have gone to war with South Africa if Putin were arrested - as was argued by President Cyril Ramaphosa - because 96% of all its troops are in Ukraine, and they even use equipment that countries from Africa sent to Russia for maintenance overhauls. Dr. Kopečný also speaks to BizNews about the Wagner Group’s renewed focus on Africa under a new commander who “comes from the structures that are much more closely linked with the faithful”. And he gives BizNews the inside track on the Ukrainian counter offensive. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/25/202328 minutes, 17 seconds
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Why the ANC wants spooks to vet churches, security companies and NGOs

There’s alarm about a new intelligence bill that targets religious institutions, private security companies and non-governmental organisations for vetting in a way that could possibly be unconstitutional. If the bill became law, those wishing to establish and operate a new non-governmental or religious organisation, or establish a private security company, would have to undergo a vetting investigation in order to determine their security competence for clearance. Such vetting would give intelligence officers access to one’s most sensitive personal information. BizNews finds out more from a member of the 2018 High-Level Presidential Review Panel (HLRP) that investigated the State Security Agency (SSA). He is Anthoni van Nieuwkerk, Professor of International & Diplomacy Studies at Thabo Mbeki African School of Public and International Affairs at the University of South Africa. (UNISA). Learn more about your ad choices. Visit megaphone.fm/adchoices
7/24/202329 minutes, 8 seconds
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Anthea Jeffery: ANC’s blind pursuit of the Soviet-era NDR pushes SA into death spiral

In her new book “Countdown to Socialism”, Anthea Jeffery removes scales from the eyes of those who have ignored the ANC’s pursuit of a blueprint for SA economic disaster - the National Democratic Revolution plan devised by Soviet Union bureaucrats in the 1950s. Jeffrey, head of policy research at the Institute of Race Relations, explains how the NDR originated from Soviet ideologies aimed at shifting newly independent African and Asian, primarily capitalist countries, to socialism. Despite the Soviet Union’s dissolution three decades after the economic collapse, Jeffery asserts that the ANC and its supporters remain in an obsessive pursuit of the NDR, despite its now well-exposed pitfalls and record of economic destruction and creating misery. She also warns those in the private sector rallying to the government’s call to support the failing SA economy that they are being misled and will be dispensed with as soon as it suits Pretoria’s socialist agenda. She spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/24/202323 minutes, 33 seconds
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Decaying Infrastructure and Failing Service Delivery: A Grave Threat to Local Businesses

In this insightful discussion, three business leaders share their perspectives on the critical need for radical collaboration to address the challenges of local government infrastructure in South Africa. Alan Mukoki, CEO of the South African Chamber of Commerce and Industry, Richard Gayba, Chair of the Makana Business Forum, and Ken Clark, CEO of Twizza Beverages Eastern Cape, shed light on the urgent requirements for quick turnaround times, proper maintenance, and efficient service delivery. Despite the discouraging state of many municipalities, these leaders discuss their efforts to bring about positive change through initiatives like radical collaboration and the circle of unity. Join us for this 6-part series with Kagiso Trust as we explore ways of being a part of the solution and not part of the problem. Sponsored by: Kagiso Trust - https://bit.ly/3N4FZ9e Learn more about your ad choices. Visit megaphone.fm/adchoices
7/24/202335 minutes, 51 seconds
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How bad cops go after good cops

Crooked South African Police Service (SAPS) members are “filling up” court rooms with malicious prosecutions to silence their competent colleagues who are investigating politically sensitive cases - as well as the honest ones who are trying to expose corruption. Long-time violence- and police monitor Mary De Haas - who has fought tirelessly for decades to hold the police accountable for abuses of power - gives BizNews the inside story of a force “riddled with criminality”. She describes how one officer is being maliciously prosecuted with no evidence at all, but simply to take him off a case that is a “political bombshell”. She recalls how the Nationalists still had a sense of shame when exposed, but says the current government has “no sense of shame”. De Haas lists the urgents police reforms that could be implemented immediately if there were political will - and she calls on big business to do read the Riot Act to the Presidency. Meanwhile, she is fighting all the way to Parliament on behalf of SAPS whistleblower Patricia Morgan-Mashale who is still in hiding. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/21/202339 minutes, 28 seconds
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SA startup Excel@Uni is solving the problem of alarming student dropout rates

Less than half of South African university students complete their degrees, a stark contrast to the 30% rate seen in OECD countries. However, Excel@Uni, a pioneering South African startup, is determined to change this trend. Focused on keeping students on track throughout their academic journey and preparing them for the workplace, the company has recently received recognition from Google as a recipient of the 2023 Google for Startups Black Founders Fund. Co-founder, Lungelo Gumede, told Biznews that Excel@Uni has achieved remarkable results, boasting an impressive success rate of 90% for their students in a pilot programme, with certain years recording zero drop-outs. Gumede said that black founders often found it difficult to secure investors, but Excel@Uni adapted their business model and managed to make it more attractive for their preferred investor. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/21/202319 minutes, 1 second
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Downing: Reaping rewards from LSE-listed Investment Trusts - offshore assets at big discounts

Veteran money manager Nick Downing specialises in a highly profitable niche - carefully selected global investment trusts from hundreds whose equity is listed on London Stock Exchange. In this fascinating interview, the co-founder of Overberg Asset Management explains his process, and how he can regularly acquire offshore assets at significant discounts. He spoke to Alec Hogg of BizNews. Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. --- Timestamps 00:00 - Introductions 00:48 - Nick Downing on starting his own business 03:18 - Why he chose the town of Greyton to start his business 04:42 - On moving to South Africa after graduating from Cambridge 06:25 - On Overberg's unique approach to investing and the London Stock Exchange 10:03 - Why investment trusts are not popular in South Africa 13:17 - On the ins and outs of investment trusts 14:29 - On the success of Overberg Asset Management 17:13 - How Downing and Overberg approach investment 19:58 - On Overberg's biggest holdings in the LSE 22:49 - Concludes Learn more about your ad choices. Visit megaphone.fm/adchoices
7/21/202325 minutes, 36 seconds
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When Eskom wobbles, demand for Gosolr surges - and SA’s home-solar leader gets a new convert

BizNews founder Alec Hogg put Gosolr to the ultimate test - and says SA’s leading provider of residential renewable energy solutions passed with distinction. In this interview, Gosolr CEO Andrew Middleton, a qualified actuary, explains how the mushrooming company's business model is built on a discipline of a simply month-by-month commitment from clients - and installations completed within a single day. He also unpacks the direct correlation between demand for Gosolr's services and Eskom's load-shedding schedule and explains how the company is engaging with rural municipalities to assist them in overcoming seemingly intractable problems with supplying electricity to their ratepayers. - Alec Hogg Sponsored by: GoSolr: https://bit.ly/3q0jk6n Learn more about your ad choices. Visit megaphone.fm/adchoices
7/21/202320 minutes, 52 seconds
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FFM podcast ep12: SA inc rotation; Share buybacks; Watch those insurers

Volatility is still the name of the Fantasy Fund Manager game, as Richemont and Pick n Pay are down more than 10 percent for the week. But what is this signalling? On the Fantasy Fund Manager podcast, BizNews' Stuart Lowman was joined by Corion Capital's Garreth Montano and Dylan Bradfield, a portfolio manager at Sharenet, to dissect the current rotation happening in the local market. But where does the opportunity lie, Dylan points to a potential rotation into insurers. The pros and cons of company share buybacks were also discussed, with both leaning towards the former, potentially better use of capital than dividends. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/20/202315 minutes, 17 seconds
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The Eskom roots of the construction mafia

The roots of South Africa’s Construction Mafia reach all the way back to the extensive site disruptions around payment issues at the Medupi and Kusile projects for ESKOM. This emerges from an interview with Construction lawyer Euan Massey who says regulations released in 2017 opened up a door for illicit organisations to use what had happened previously in terms of site disruption to demand payment from contractors and from developers and subcontractors in the construction industry on the premise that it was a government requirement that they be paid 30% of the contract value. Their modus operandi involve extortion, violence, and even murder. Meanwhile details about the alleged involvement of government officials and crooked cops in the Construction Mafia emerged at a webinar this week with the Minister of Public Works and Infrastructure Sihle Zikalala and industry experts. The Minister says a special task force to  deal with the Construction Mafia is being established - and at least 605 suspects have been arrested. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/20/202312 minutes, 46 seconds
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Not so fast, Dr Crisp - FMF’s Michael Settas takes on bureaucrat who is driving SA’s proposed NHI project

Michael Settas, chairman of the Free Market Foundation’s Health Policy Unit, sheds more light on the National Health Insurance (NHI) project in South Africa raising widely held concerns. Settas says universal health coverage already exists in the country, emphasizing the need to address issues of cost and quality rather than completely overhauling the system. He is concerned about the lack of pre-implementation feasibility studies and engagement, potential disinvestment in the private sector, and the tax implications of the proposed reforms. Settas argues collaboration with non-State stakeholders, ignored thus far, is crucial for NHI to stand any chance of success. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/20/202325 minutes, 12 seconds
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DA celebrates two by-election wins - reports PA’s vote-buying dirty tricks

A two seat gain by the Democratic Alliance in yesterday’s by-elections has given the party an outright majority in the George municipality, which is currently runs in coalition with Moonshot Pact partner, FF+. But there celebrations had a hard edge as the DA Western Cape leader Tertius Simmers explains in this interview, alleging that Gayton McKenzie’s Patriotic Alliance used booze and food parcels to buy the votes that secured the PA the other seat. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/20/202323 minutes, 21 seconds
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Anil Govind: Innovate, Opportunity, Outperform - the story of SA’s leading Alternative Investment firm

For six years, a couple of entrepreneurially seasoned CAs trading have been delivering Alternative Investment goods for clients. Their firm, Innovate Alternative Investments and Assets, uses its independence effectively by spreading clients’ funds among the most appealing private equity, venture capital, 12J and other alternative investment classes. In this interview, co-founder Anil Govind explains how Innovate outperforms - and why the tax-incentive 12B funds are so appealing right now. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/19/202323 minutes, 1 second
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South Africa’s Economic Growth Strategy Needs a U.S. Makeover, not an Asian One – Moeletsi Mbeki

Asia's economic success stories have been extensively documented in numerous books, attracting a steady stream of visitors to countries like China, Singapore, Vietnam, and South Korea who seek to witness their remarkable growth. Naturally, this prompts the question: What lessons can Africa learn from these experiences, and who should serve as an inspiration? In an interview with Biznews, political analyst, Moeletsi, presents a fresh perspective, suggesting that South Africa should redirect its focus away from the East and instead look to the New World, particularly the United States that we should emulate. In an interview with Biznews, Mbeki draws parallels between the American experience and South Africa's emphasising the need for South Africa to break free from its neo-colonial economic structure imposed by the British, which heavily relies on the export of raw materials. He says that the big mining companies show little interest in beneficiation, instead focusing on excavation and calls for a revolutionary shift to proper industrialisation which includes a fundamental overhaul of South Africa’s education system. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/19/202325 minutes, 43 seconds
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What Oberholzer told Cachalia about Eskom exit

The Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises, Mr Ghaleb Cachalia, shares the details of a conversation he had with former ESKOM COO Mr Jan Oberholzer following his sudden departure from the beleaguered power utility. And he gives his very frank verdict on the move. He also hails the government’s first step towards privatisation at Transnet, another struggling SOE - and says public-private partnerships are needed to fix the State’s non-delivery at all SOEs. He is very upbeat about the outcome of next year’s national elections, and says that while the African National Congress (ANC) is “scrambling” to hold onto votes, the coalition is “looking stronger by the day”. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/19/202311 minutes, 16 seconds
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NHI debate: PPP model that works for 250m Indonesians - template for SA?

Judging by the vociferous comments on social media after my interview with Dr Nicholas Crisp, middle-class South Africans are almost universally camped against the concept of national health insurance. But most South Africans DO agree the status quo is disastrous. While corruption, cadre deployment and incompetence are blamed, deep structural issues inherited from pre-1994 were never addressed. South Africa’s solution surely lies outside those provided in often-referenced First World countries like the UK and France. Among the global success stories is Indonesia, a developing country with an efficient universal healthcare system serving a widely dispersed population four times SA’s. The President of Indonesia’s national health insurance body is Dr Ali Ghufron Mukti. He is a university professor and serves as the director general of Indonesia’s Ministry of Research Technology and Higher Education. We met during his visit to SA last week. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
7/19/202322 minutes, 22 seconds
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Crime Intelligence “Sleeping”…Crime barons looting…

The South African Police Service’s (SAPS) Crime Intelligence section is “sleeping” while transnational organised crime syndicates loot billions - and rampant lawlessness sabotages the economy. This has emerged from a BizNews interview with veteran crime fighter Yusuf Abramjee, who is also the founder of Tax Justice South Africa (TJSA). Every day, an estimated R250 million is looted from South Africa by the illicit economy - often with the help of corrupt officials - with “very little action” from government to counter it. Abramjee says South Africans should be “very, very worried” about the corruption in the ranks of government, civil servants, and politicians - and urges civil society to fight back and put pressure on the government to act. He warns that the new Tobacco Products and Electronic Delivery Systems Control Bill will help illicit cigarette barons loot even more. He calls the recent spate of torching of trucks “economic sabotage” and asks: “Where was Crime Intelligence in the first place - before the first truck was set alight? Perhaps they're still snoring. We know Crime Intelligence has been sleeping for years…” Learn more about your ad choices. Visit megaphone.fm/adchoices
7/18/202315 minutes, 7 seconds
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As load-shedding escalates, some SA investors panic - but not JSE-bull Andrew Vintcent. Here’s why.

Dive into an insightful discussion with Andrew Vintcent of ClucasGray about the current volatile landscape of South African stocks. Andrew defies the bearish outlook by advocating for JSE-listed stocks, offering an intriguing take on investing in a South African-only balanced fund. The conversation delves deep into key issues like load shedding, inflation, and the cyclical versus structural nature of current financial difficulties, all framed within an overarching optimism for the future of South African investing. This candid conversation is not to be missed by any investor. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/18/202324 minutes, 29 seconds
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Transnet’s arch critic heralds its Durban Port’s Filipino partner as “best in world”

Francois Nortje, director of NT55 Investments and developer of the Port of Gauteng, unpacks the watershed public-private partnership deal announced yesterday by Transnet. Nortje, the parastatal’s most vocal critic, is full of enthusiasm lauding Transnet’s selection of ICTSI, a reputable Filipino company which is one of the world’s leaders in this field - and valued at R135bn on the Manila Stock Exchange. He is not as excited about the second leg in the process, a similar partnership opportunity on rail connectivity, but reckons improving South Africa’s port infrastructure is a positive step towards levelling out the downward economic spiral of recent years. He spoke to Alec Hogg of BizNews . Learn more about your ad choices. Visit megaphone.fm/adchoices
7/18/202320 minutes, 37 seconds
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DA’s drive to secure extra parliamentary seats from South Africans overseas - Ludré Steven

The 2024 national and provincial elections are seen as a realistic opportunity for opposition parties to wrest power away from the ruling ANC. With every single vote making a difference, the DA is gearing up to woo overseas voters who have in the past overwhelmingly voted for the party. The DA Abroad’s Global Chair, Ludré Stevens, told BizNews that voting overseas is much easier for this election, as the IEC has agreed to allow online registration for overseas voters. Stevens said this is a huge game changer and the party is also pushing for more voting stations in locations where South Africans are based, rather than just capital cities, and for the use of only one form of identification. He said the DA has started a process of mobilising South Africans abroad as this is the election where a single seat can make a difference. Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. --- Timestamps 00:00 - Introductions 00:28 - Ludré Steven discusses the DA's drive to secure overseas voting for the 2024 national election 01:00 - Steven gives the ins and outs of overseas voting 04:50 - On the number of overseas voters the DA aims to secure 06:56 - On the need to get votes away from the ANC 10:57 - On difficulties with securing passports for overseas voters 12:07 - On the importance of the 2024 national election Learn more about your ad choices. Visit megaphone.fm/adchoices
7/18/202315 minutes, 50 seconds
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If Ian Cameron were Minister of Police...

What would crime fighter Ian Cameron do if he were the Minister of Police? Cameron would start by fixing the top structure of the South African Police Service (SAPS): a national commissioner who understands that he is a CEO of an entity that is providing a service to 60 million clients; a skills audit of the “Top 10” to get rid of political appointments and incompetents; a polygraph process to weed out the corrupt; the recruitment of officers with integrity who can service with transparency; as well as better training, more detectives - and the return of reservists. He also gives BizNews an update on the latest developments around the recent assault by members of Deputy President Paul Mashatile's VIP Protection Unit detail on unarmed civilians forced off the N1 highway. - Chris Steyn Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. --- Timestamps 00:00 - Introductions 00:22 - Ian Cameron gives an update on the N1 VIP Police scandal 08:14 - Cameron on how would fix policing in South Africa 11:39 - Ian Cameron provides words of hope for South Africans Learn more about your ad choices. Visit megaphone.fm/adchoices
7/17/202315 minutes, 51 seconds
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Bradfield: Case for Telkom, Blue Label and tailwind for JSE via rotation to EM

Dylan Bradfield, portfolio manager at Sharenet, provides some excellent investment pointers, basing his view on the strong potential for a rotation of investment from US assets to Emerging Markets - including South Africa. Bradfield highlights the recent popularity of the JSE, driven by the weakening dollar and increased interest in retailers, insurers, and banks. He believes that South African stocks are highly attractive value propositions, with cheap fundamentals and the potential for a significant upward move as global markets allocate more capital to the country. Bradfield also provides the case for buying Telkom and Blue Label. He spoke to Alec Hogg of BizNews from the Latitude Aparthotel studio in Cape Town. - Alec Hogg Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. --- Timestamps 00:00 - Introductions 00:39 - Dylan Bradfield on Fantasy Fund Manager 01:57 - Bradfield gives his overall view of the South African market 04:18 - On cheap SA stocks and the trajectory of the market 04:49 - On Telkom 07:50 - On Openserve 10:02 - On Blue Label 12:45 - On his approach to investing 14:01 - On the US inflation rate and its impact on US stocks 16:28 - How the US economy may affect the SA market 17:52 - On being patient with your investments Learn more about your ad choices. Visit megaphone.fm/adchoices
7/17/202320 minutes, 32 seconds
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If Glynnis Breytenbach were Minister of Justice...

What would Glynnis Breytenbach do if she were the Minister of Justice? In a face-to-face interview from the Latitude Aparthotel studio in Cape Town, BizNews asks her for solutions. Breytenbach, the Democratic Alliance’s (DA’s) Shadow Minister of Justice, says that her first priority would be to ensure that the functionality of the criminal justice system was restored. “The entire system needs a serious overhaul, and that includes the police, the prosecution, the judiciary and correctional services.” Currently, Breytenbach is working hard towards the establishment of an Anti-Corruption Commission that would relieve the overburdened National Prosecuting Authority (NPA) of the task of prosecuting very high-level corruption- and organised crime cases. She is optimistic that the bill will sail through Parliament - with the expected support from the African National Congress (ANC) - and that the Commission could be set up within about a year - and that this completely independent Chapter 9 institution could start prosecuting these complex cases within 18 months so that South Africans can start seeing accountability and consequences. - Chris Steyn Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. --- Timestamps: 00:00 - Introductions 00:28 - Glynnis Breytenbach on the state of the Justice Deparment in SA and what changes she would make if she were Justice Minister 06:35 - On if the dire state of the Justice Department can be turned around timeously 07:22 - On the National Prosecuting Authority 11:20 - On the public scepticism toward the Justice Department and NPA 12:49 - On the safety and protection of whistleblowers in SA 15:59 - On the Anti-Corruption Commission Bill 18:40 - On the endemic corruption in South Africa 20:27 - On the timeline for the Anti-Corruption Commission Bill 21:16 - On what drives her passion for justice 22:51 - On her relationships with the Ministers of Police and Justice and the Thabo Bester debacle 24:11 - On President Cyril Ramaphosa 24:42 - On the state of justice in South Africa 25:52 - Concludes Learn more about your ad choices. Visit megaphone.fm/adchoices
7/14/202327 minutes, 45 seconds
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Veteran climate scientist and IPCC report author schools those in the climate alarmism sceptic camp

Dr Kevin Trenberth, a highly regarded climate scientist whose work on several IPCC reports has made him a leading voice in the field, sat down with BizNews to discuss the current state of climate change. Dr Trenberth did an exemplary job of explaining how, while climate change is primarily caused by greenhouse gases, it also amplifies natural weather patterns like El Niño. Both those on the climate change alarmist and sceptic sides of this critical debate are sure to follow the interview keenly as Trenberth provided detailed explanations of complex climate science concepts and responded to statements made by climate scientists in the opposing camp. Dr Trenberth was forthcoming and informative with his beliefs and arguments – a fresh and very welcome level of professionalism. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/13/202350 minutes, 57 seconds
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FFM podcast ep11: SA a bobbing cork in a weaker dollar environment; Absa to watch; Dividend explained

United States inflation fell to 3% in June, the lowest in three years, as increased interest rates started to bite. This easing in CPI has lifted hopes that the current trend of rising interest rates will be cooled. But what does all this mean for a South African investor? This week on the Fantasy Fund Manager podcast BizNews' Stuart Lowman was joined by Corion Capital's Garreth Montano and Grant Morris, a portfolio manager at CluclasGray Asset Management, to try to answer this ever-changing scenario. With a big scope on which sectors and stocks may benefit from a dovish interest rate environment and a stronger Rand. Education is one of the cornerstones of Fantasy Fund Manager and this week dividend ratio was explained, and how it is used in investment decision-making. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/13/202322 minutes, 29 seconds
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Exclusive Martin Wolf: Insights on South Africa’s path to success and wake-up call for Democratic Capitalism

Martin Wolf, the esteemed chief economic commentator at the Financial Times, requires little introduction. Regarded as the gold standard of financial and economics journalism, Wolf’s latest book, The Crisis of Democratic Capitalism serves as a wake-up call for democratic nations. In it, he highlights the faltering marriage between democracy and the market economy, exposing democratic nations to the perils of profoundly anti-democratic forces. In an exclusive interview with BizNews, Wolf delves into his background and how it has shaped his perspectives, illuminating the concerning backsliding of democracy and proposes remedies to reverse this decline ‘before it is too late’. Reflecting on South Africa, a country for which he penned his “saddest but perhaps best column” in the early 2000s, Wolf laments the predatory and non-productive elite that is not creating new wealth. The leadership’s unbelievably difficult task, he says, has deteriorated. He emphasises that South Africa’s path to success necessitates the economy to grow at 5% a year and the incomes of the poorest should grow at 7or 8%. - Linda van Tilburg Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/12/202330 minutes, 10 seconds
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I will not die silent - SAPS whistleblower in hiding

Many whistleblowers in South Africa end up on the run. Some even end up dead. Others have to live in hiding in fear of their lives. One of those is South African Police Service (SAPS) whistleblower Patricia Morgan-Mashale, a former Senior Administration Clerk in the Firearm Registry in the Free State. Patricia has been in hiding since February last year (2022) after repeatedly trying to expose “massive” corruption in SAPS. She tells BizNews of threats to her life and liberty; how Police Minister Bheki Cele tried to get her to meet him alone; and how President’s Cyril Ramaphosa has ignored her pleas for protection. Still, she says: “…my children have told me they’d rather have a mother who died because of a truth than a mother who's still alive because she was afraid to speak out and tell the truth.” This is her story… - Chris Steyn 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. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/12/202338 minutes, 41 seconds
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The Western Capes good news: Jobs, schools, safety, investment...

The Western Cape government's “Growth for Jobs Strategy” is being launched later this month (July 2022). Western Cape Premier Alan Winde gives a sneak preview - and details a raft of positive developments in the province. He discusses the latest plans to counter the “biggest blockage” to the economy - electricity and energy. And he tells BizNews how the province’s residents are being made safer with “boots on the ground” in murder- and crime hotspots. Meanwhile, new schools are being built fast, with one for 500 learners completed in just 65 days. Premier Winde also gives optimistic feedback on his recent trip to the United States (US) where talks were held with big investors, as well as the US Government on AGOA, amongst other matters of bilateral interest. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/11/202319 minutes, 36 seconds
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Clem Sunter: SA at economic crossroads - Election'24 parallels pre-94 watershed

South Africa is home to one of the world’s foremost scenario planners - an Oxford PPE and erstwhile top business executive who played a huge role in the late 1980s in steering the nation towards the High Road of negotiation, rather than a widely anticipated civil war. Now in his late 70s, futurist Clem Sunter’s passion for the country is undimmed. But he fears that today’s political and business leaders are not appreciating the arrival of the second watershed that was highlighted in the original High Road Low Road scenarios three decades back. In this absorbing interview he explains to BizNews’s Alec Hogg what’s really at stake in Election 2024. In short, that it’s “the economy, stupid...” and without a 1980s-type refocus, this time to promote entrepreneurship, all of the Young Democracy’s gains since 1994 will be lost Learn more about your ad choices. Visit megaphone.fm/adchoices
7/11/202324 minutes, 14 seconds
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Corruption and Social Justice: The Struggle for Service Delivery

In this latest episode of the Radical Collaboration series with Kagiso Trust, experts discuss the pressing issues of social justice and corruption in South Africa. The conversation centers around the concept of social justice as enshrined in the country’s Constitution, emphasizing equal access to basic necessities such as clean water, which is a fundamental right. However, the reality on the ground tells a different story, with disparities in the quality of services between different communities. The guests, Zukiswa Kota from the Public Service Accountability Monitor (PSAM) and Wayne Duvenage, CEO of the Organisation Undoing Tax Abuse (OUTA), shed light on the detrimental effects of corruption and the challenges faced in achieving social justice and equitable service delivery. Join us for this 6-part series with Kagiso Trust, as we explore ways of being a part of the solution and not part of the problem. Sponsored by: Kagiso Trust - https://bit.ly/3N4FZ9e Learn more about your ad choices. Visit megaphone.fm/adchoices
7/11/202328 minutes, 12 seconds
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Lings: Decoded Eskom data, unleashed private sector brings SA hope for loadshedding’s end

Kevin Lings, Chief Economist at Stanlib, has added a lot of Eskom-related data to the weekly pack of graphs he distributes to the company’s clients - and in this interview, unpacks the key information, cutting through the complexity and technical jargon that often makes it inaccessible for many. Lings presents the information digestibly, allowing for a clearer understanding of the energy sector’s overall situation. His conclusions point to there being hope - thanks to the successful renewables programme and the huge and growing role now being played by the private sector, which was only recently allowed to enter the sector. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/10/202331 minutes, 49 seconds
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Internal ANC politics: Ramaphosa's refusal to get rid of Cele

The Democratic Alliance’s (DA’s) Shadow Minister of Police Andrew Whitfield says President Cyril Ramaphosa should take responsibility for the state of safety and security in South Africa because he has refused to get rid of Police Minister Bheki Cele. He speaks to BizNews as Cele seems to have gone “underground” while the furore over VIP Protection Unit members assaulting unarmed civilians, rages on. The exposure of that has now resulted in an apparent death threat to an ex-cop in the security industry for sharing footage of the ”Blue Light Mafia” assault last week. That threat read: “Goodday we don't take kind (sic) to the footage that you supplied to the media. You made a lot of enemies in specialized units, we will deal with you…” Meanwhile, President Ramaphosa “unfortunately appears dead set on keeping Minister Cele in this position”. But Whitfield warns that as long as Cele stays in his job, the country’s safety and security environment will deteriorate. He also slams SAPS’ use of spy grabber technology to illegally intercept communications from ordinary South Africans. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/10/202313 minutes, 52 seconds
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Heystek: What needs to happen for me to change my mind about investing in SA

Magnus Heystek, a fiercely independent financial advisor and founder of Brenthurst Wealth, wrote a piece for BizNews this week where he argues why South Africa has reached the “suddenly” stage of a financial crisis. In this interview Heystek went into greater detail on his article, discussing various alarming trends, including the collapse of the residential property market, the depreciation of the currency, poor stock market performance, and declining consumer confidence. So what would it take for SA’s arch bear to switch sides? Quite a bit, as you might imagine - but it’s not impossible. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/10/202324 minutes, 3 seconds
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Dr Nicholas Crisp - The case for NHI (and why vested interests are pursuing Operation Fear)

Chief protagonist for universal healthcare in South Africa, Dr Nicholas Crisp, has been taking plenty of punishment from private sector commentators. He believes this public debate has been missing the point because SA’s healthcare system is uneven, broken and needs massive restructuring. While criticism of NHI comes mostly from those in companies serving the middle class, Crisp says the bulk of the NHI Bill targets complete reform of the public sector, on which 80% of citizens rely. The Deputy DG at the Department of Health put his case to Alec Hogg of BizNews.  Learn more about your ad choices. Visit megaphone.fm/adchoices
7/7/202330 minutes
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Wagner in SA: "Extremely likely" to meddle in election

It is “extremely likely” that the tentacles of the Wagner Group reach all the way to South Africa - and that its propaganda division has already been meddling in the country’s politics with a view to influence the outcome of national elections next year. This has emerged from an interview with Dr Bohumil Doboš of Charles University, Prague, Czech Republic. “It is extremely likely that they are (in South Africa) and they are doing this for quite some time right now. The Internet Research Agency (IRA) of Yevgeny Prigozhin, which is based mainly in St. Petersburg, is operating worldwide…it is quite obvious that the Russian elites have their interest in the outcome of the upcoming general election… If African National Congress remains to be the unchallenged leader in South Africa, this is definitely something that Moscow can make use of.” Dr Doboš also speaks about Yevgeny Prigozhin’s IRA operations elsewhere in Africa; the difference between its modus operandi on the African continent and in the West; how their propaganda operations have shaped the views of African countries on the East-West conflict; as well as Wagner’s origins, its funding, and its military operations. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/7/202325 minutes, 2 seconds
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FFM podcast ep10: The winning formula; the near Naspers miss; PE explained

In the studio this week BizNews' Stuart Lowman was joined by Corion Capital's David Bacher and Anthony Hall. Hall, a portfolio manager at Corion, won the competition for June with a 13.26% return, this against the worst performance of -5.81%. Hall unpacked the strategy that got him to the top of the podium, but how not having Naspers in his picks almost caught up with him in the final week of June. He also stressed the important difference between how the game is played and how he manages portfolios. A big focus of Fantasy Fund Manager is education, and this week David explained what a PE ratio is and how it can be used in decision-making. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/6/202317 minutes, 49 seconds
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WANTED: Ian Cameron puts out an APB on Mashatile’s blue light thugs

The civil rights group Action Society has issued WANTED posters for six of the VIP Protection Unit members who assaulted unarmed civilians - and repeatedly kicked an unconscious man at the side of a highway in full glare of the public. Action Society’s Ian Cameron is outraged that the officers involved in the unprovoked attack have not been arrested and charged, but have just been put on administrative duty. “I mean, if you and I pointed a gun at someone, then kick them, beat them until they're unconscious, carried on beating them after they had lost consciousness, then we'd be behind bars. You and I would be begging for bail.” Cameron also describes the ordeal suffered by the victim, Lvaughn Fisher, who thought it was a hijacking. - Chris Steyn Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/6/202313 minutes, 11 seconds
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Madiba’s SAPS bodyguard: Fielding key questions about brutal Mashatile detail

South Africans have reacted strongly to the video of a SAPS VIP policy protection unit dragging and gang-beating a motorist on the side of a major highway. Rory Steyn, who was the co-head of the Presidential Protection Unit (PPU) that looked after Nelson Mandela, answers the key questions and shares how PPU alumni view the actions of deputy president Paul Mashatile’s security detail. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/6/202321 minutes, 53 seconds
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The heart of SA's economy is in ICU...And the spine is broken

The dysfunction of ESKOM and Transnet has sent South Africa’s economy into the emergency ward. That has emerged from an interview with Ghaleb Cachalia, the Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises. “ESKOM, if you like, is the heart of our economy. Transnet is the spine of our economy. We have destroyed the heart of the economy. It's in ICU. Our spine needs to be looked at by every possible surgeon, to continue that metaphor, in sight, because of course it's broken.” Cachalia also shares his views on the state of other SOEs including SAA which he says is flying on a “shoestring”, and DENEL which was once the “darling of the investor community and now is the skunk of the investor community”. He singles out SAFCOL as the “only” SOE that's “holding its head vaguely above water”. However, he warns that there are “huge land claims about to derail SAFCOL over time”. - Chris Steyn Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. Timestamps 00:33 - Ghaleb Gachalia on what's fixable and unfixable regarding Eskom 05:50 - On the lack of skills 11:45 - The ticking time bomb that is Eskom is far from being diffused 13:30 - On if the gaps between what should be done, what can be done and will be done are reachable at this point 14:44 - On How much time we have for these issues to be fixed 15:58 - On the Transnet disaster 16:37 - The broken spine that is Transnet 24:08 - Ending with words of hope  25:23 - Conclusion Learn more about your ad choices. Visit megaphone.fm/adchoices
7/5/202326 minutes, 54 seconds
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Paul Mashatile: The internal player

Vice President Paul Mashatile has been in the crosshairs of late - not least of all because his VIP Protection officers assaulted unarmed civilians. BizNews now takes a look at his ascendency to power. Veteran Gauteng Democratic Alliance (DA) politician Jack Bloom gives his take on Mashatile’s talent as an “internal” politician, his lack of “external” political achievement, his ambitious climb of the rungs of power, as well as the persistent allegations about his lavish lifestyle, his “fishy” associates, and the ‘Alex Mafia’. Bloom says that everything that's been alleged about Mashatile is true, he was a pioneer of State Capture. - Chris Steyn Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/5/202313 minutes, 51 seconds
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Mashaba passes the leadership test - Dr Albert Wort, Leadership Diagnostician

There is a crisis of leadership amongst South Africa’s ego-driven politicians who are not serving the people with “character, caring, competence, commitment, and connectedness”. This has emerged from an interview with Leadership Diagnostician Dr. Albert Wort of the University of Johannesburg (UJ). He gives BizNews his take on the leadership abilities of some of the country’s past and current politicians. He describes ActionSA’s Herman Mashaba as a “very, very good leader”; expresses disappointment in President Cyril Ramaphosa who has “lost authenticity”; questions whether EFF leader Julius Malema’s authenticity is adding value; and says SA was at the pinnacle of leadership when Madiba was president, but then the “wannabes” stepped in… - Chris Steyn Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/5/202329 minutes, 5 seconds
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Professionalising local government: fostering accountability

Once hailed as the beacon of democracy in Africa, South Africa's municipalities are grappling with significant challenges related to governance lapses and accountability. Part 3 of the 6-part series with Kagiso Trust, Professor Sam Koma from the University of Limpopo and Mankodi Moitse, CEO of Kagiso Trust, shed light on the pressing need to professionalize local government in South Africa and address critical issues such as corruption, service delivery, and improved governance. The discussion delves into the importance of promoting high professional standards and ethics in the public sector, the challenges faced in recruitment and appointment processes, and the alarming accountability regressions highlighted by the Auditor General's report. These expert voices advocate for radical collaboration between local government and communities for a better future. Join us for this 6-part series with Kagiso Trust, as we explore ways of being a part of the solution and not part of the problem. Sponsored by: Kagiso Trust - https://bit.ly/3N4FZ9e Learn more about your ad choices. Visit megaphone.fm/adchoices
7/5/202331 minutes
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Ban the blue light mafia - Ian Cameron

Civil rights group Action Society’s Ian Cameron has launched a petition for a ban on the South African Police’s “Blue Light Mafia”. This after a video went viral on Twitter showing SAPS VIP Protection officers violently assaulting unarmed civilians on the N1 highway. Deputy President Paul Mashatile has now confirmed that those officers are attached to his detail. “Paul Mashatile criticising an incident like this is the same as (Colombian drug lord) Pablo Escobar condemning drug trafficking. It makes no sense,” Cameron says. He says the incident is part of a culture that has been engraved in the very being of VIP Protection Services - and that has been a problem for years on end. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices
7/4/202312 minutes, 15 seconds
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June’s perfect inversion for investors as May’s disasters become winners - Corion Report

The Corion Report, now in its sixth year, is a superb reference tool for the past month’s performance of asset classes. Compiler David Bacher, Corion’s CEO, explains why the big losers in May turned into the hardest runners in June, unpacks the unit trust sector’s winners and losers and shares his thoughts on what lies ahead. He spoke to Alec Hogg of BizNews.   Learn more about your ad choices. Visit megaphone.fm/adchoices
7/4/202322 minutes, 14 seconds
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Hlabisa: ANC food parcel bribery behind shock IFP by-election reverse

 The IFP steamroller appeared to be gathering irresistible momentum since SA’s November 2021 Local Elections. In one by-election after the other, the IFP posted huge increases in the share of the vote and won an unprecedented eight wards off the ANC in the ruling party’s strongholds. So last week’s loss to the ANC in Estcourt’s Ward 14 was a shock, causing commentators to predict a rejuvenation for Ramaphosa’s beleaguered organisation. Not so, says IFP president Velinkosini Hlabani who puts the reverse down to ANC dirty tricks, not a sudden surge in popularity. Hlabani, tipped by the Freedom Front + as SA’s most likely next president, shares details with Alec Hogg of BizNews. He also looks ahead to the opposition party codesa next month - and explains why any IFP post-2024 election coalition with the ANC would be “very, very difficult for us”. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/4/202326 minutes, 15 seconds
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Ex-Eskom COO Jan Oberholzer shares inside story of loadshedding, transformation, CR’s plan

Eskomite Jan Oberholzer, an electrical engineer who retired as the utility’s COO at the end of April, spent Friday evening in Hermanus answering nothing’s-off-limit questions from BizNews’s Alec Hogg. Here are the highlights of that lengthy interview, providing the inside track on burning issues like why loadshedding has improved lately and when will it end. Plus the inside track on Oberholzer’s two year consulting job; his lengthy one-on-one meeting with the SA president; SA’s desperate need for a ‘crystal ball’ - and how to turn currently destructive transformation policies into a positive. The interview was in a large hall and in parts the recording is not good. But given the content, it's is worth persevering with. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/4/202338 minutes, 8 seconds
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Understanding Tax Emigration for South Africans leaving or living abroad

If you belong to the group of South Africans that Finance Minister Enoch Godongwana has referred to as "mobile higher-income earners" and you're contemplating leaving the country or are already part of the large pool of South Africa's emigrants, it's crucial to take into account the tax implications of emigration. The finance minister and the South African Receiver of Revenue are eager to retain as many South African residents as possible within their tax net. Therefore, they expanded tax laws in 2021 to include South African citizens' worldwide income and assets. In an interview with BizNews, Sable International's William Louw suggests that prospective and current emigrants carefully consider the concept of tax emigration, which involves altering their residency status. Louw outlined the necessary steps for tax emigration to BizNews and provided insights on assets that may trigger capital gains tax. He also highlights the rules for individuals who may wish to return to the country.- Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
7/4/202316 minutes, 24 seconds
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Terebinth’s Ann Sebastian: Applying maths to reverse archaic investing models - to very good effect

Head of equities at Terebinth Capital, Ann Sebastian, is having lots of fun participating in its co-sponsored Fantasy Fund Management game. But her day-to-day work is to select the right stocks to invest in. She does so through a model that applies mathematical formulae to bring together many disparate factors, creating a “wholistic” selection process that turns the old ones on their heads. She explained this - and the excellent returns from Naspers - to Alec Hogg of BizNews. Interview sponsored by: Terebinth Capital: www.terebinthcapital.com Proud sponsor of: Fantasy Fund Manager: https://bit.ly/43pn8fM Timestamps: 00:00 - Introductions 01:01 - Ann Sebastian on Fantasy Fund Manager 01:35 - Sebastian on her passion for Mathematics and numbers 02:15 - On her transition into investment and finance 03:34 - How Terebinth looks at investment 05:34 - On using AI and machine learning 07:09 - On where the South African market finds itself 08:59 - On how to approach investing in the current market 11:32 - On Naspers 14:09 - On her move from Stanlib to Terebinth 16:06 - On Terebinth's woman-dominant business environment 17:11 - On what Terebinth stands for 17:45 - On Terebinth sponsoring FFM 18:38 - On her FFM portfolio Learn more about your ad choices. Visit megaphone.fm/adchoices
7/4/202319 minutes, 32 seconds
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Survivor’s resilience: 101-year-old Ella Blumenthal shares her holocaust journey from Auschwitz to Africa

In a world where encounters with Holocaust survivors are few, and most have surpassed their 90s or 100s, Ella Blumenthal stands out as an extraordinary individual. Her journey that she penned in her book, “I am Ella” with author Joanne Jowell, goes beyond mere survival, for she carries within her a remarkable absence of hatred and refusal to be defined by her suffering. At 101 years old, Ella, who lives in Cape Town, exudes a fiery, gracious, and humorous spirit, at times even taking on the role of the interviewer. In an exclusive Biznews interview with Ella, her daughter Evelyn Kaplan and Jowell, her captivating presence makes this a must-listen, hosted by Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
7/4/202333 minutes, 26 seconds
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Wagner stays, UN peacekeepers have to go...

The growing power of Russia’s Wagner Group in Africa is believed to be behind the sudden termination of the UN peacekeeping mission in Mali. BizNews speaks to Dr. Robert Zuber, director of the UN-based Global Action to Prevent War and Conflict. He was at the UN Security Council meeting on Friday last week to ratify a plan for the drawdown. He feels the Wagner Group was “partially responsible” as they were able and are able to promise - if not deliver - security to Mali without the pressure that the UN is putting on Mali to return to democratic government, to hold elections, and to fully honour the peace agreement. US Secretary of State Antony J. Blinken has accused Wagner of using its operations in Mali both to obtain revenue for the group and its leader, Yevgeniy Prigozhin, as well as to procure weapons and equipment to further its involvement in the war in Ukraine. The US has now sanctioned Wagner’s Mali “facilitator” Andrey Nikolayevich Ivanov who has worked “closely” with Prigozhin’s entity Africa Politology and senior Malian government officials on weapons deals, mining concerns, and other activities. Learn more about your ad choices. Visit megaphone.fm/adchoices
7/3/202328 minutes, 41 seconds
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Breadline Africa to Tackle South Africa's Pit Latrine Crisis, Help 120,000 Children - Johan Nel

In the rural regions of South Africa, an astonishing number of schools continue to rely on pit toilets or latrines, which essentially consist of 3-metre-deep holes in the ground. Pit toilets not only strip pupils of their dignity and compromise hygiene, but they also pose significant risks to their safety. Tragically, there have been cases of young children losing their lives after falling into these treacherous latrines including a four-year-old Eastern Cape girl, Langalam Viki that was found in a pit toilet in June this year. Seeking to address this pressing issue, Breadline Africa, a non-profit organisation, has taken up the mission to install 4000 flush toilets in schools across South Africa. Johan Nel, Marketing Manager from Breadline Africa told Biznews that they wanted to place 4000 toilets in rural South Africa helping 120 000 children. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
6/30/202311 minutes, 54 seconds
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FFM podcast ep9: A battle royale for June; the psychology behind value and growth investors; Richemont’s runway

The value versus growth debate has been a common theme across the Fantasy Fund Manager podcast, hosted by BizNews’ Stuart Lowman. Corion Capital’s Garreth Montani and Cuan Sauter from Moneybetter look behind the lens at the psychology and personality traits driving a value or growth investor. And on the subject of growth, Richemont is put under the microscope, a share that recently went through consolidation but continues to shine despite the cost-of-living crisis. There's also a tough match-up for June’s top spot, as 0.27% separates the top two (at the time of the podcast recording). Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs, be sure to have those picks in to take part in July's competition. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/29/202316 minutes, 55 seconds
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PA’s Cilliers on Joburg by-election win, thrashing ANC, sending message to DA

Despite a recent ratcheting up of “negative campaigning” by its detractors, the Patriotic Alliance is shaping up as a potent force in South African politics - evidenced by yesterday’s comfortable victory over the ANC incumbent in a well contested by-election in Johannesburg. Co-founder Charles Cilliers explains how the victory was crafted, and how it will send a message to the other free enterprise-supporting political parties. Especially the Official opposition, the Democratic Alliance, which also performed well in yesterday’s by-elections, retaining four wards, growing its share of the vote by well into double figures in two of them. Voters are pointing towards a clear path to victory in 2024 for opposition parties - but only if they start behaving in a manner that reflects the enormity of what is at stake for the country. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/29/202321 minutes, 30 seconds
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New voters can be kingmakers

South Africa’s estimated 13 million unregistered voters hold the power to change South Africa's future as the kingmakers in next year’s watershed national elections. This emerges from an interview with Werner Horn, the Democratic Alliance’s (DA’s) member on the Party Liaison Committee of the Independent Electoral Commission (IEC). He tells BizNews why the votes of new voters are needed by “coalition” parties to surge past an estimated 40% of the vote to build a strong post-election pact for an “alternative” government. Horn also speaks about the “massive instability” that has been created by coalitions-gone-wrong in big Metros - and says the DA and the ANC are in agreement that strict coalition, management, legislation and institutions are needed. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/29/202326 minutes, 11 seconds
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Impact on SA (and Putin's local fans) of ructions in Russia - Prof Irina Filatova

Irina Filatova is a Russian history and political science professor who moved to SA in 1992 to take up a post at the University of KZN - but remains closely in touch with her homeland and fellow Moscow University faculty and students. Author of half a dozen books, including acclaimed The Hidden Thread: Russia and SA in the Soviet Era (with Apollon Davidson), she is our go-to expert on all things Russian. Once again she delivers a rivetting interview here, providing superb context on the ructions in Russia and what impact the weakening of Putin will have on his South African acolytes in the ANC, EFF and SACP. After the interview, the Prof noted that had she said any of this in her former motherland, she'd have broken many laws and probably been jailed. She spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/28/202325 minutes, 17 seconds
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Cyril! Clarens is calling....

President Cyril Ramaphosa has been challenged to visit Clarens in the Eastern Free State to be given advice on the implementation of poverty-relief programmes. The invitation comes from Garth Brook - an implementing agent for the past 16 years - who says: “And what we'll do is we'll explain very carefully to Mr. Ramaphosa what it is we need in order for his poverty relief projects to work. It's not difficult and it's very easy work.” Brook’s public appeal to the President comes after threats to blacklist him if he spoke out about his latest battles with officialdom. “They have told me that if I talk to you and I report this to you on your programme, I will be blacklisted.” According to Brook, the poorest of the poor are left even poorer by non-payment for projects; interference by municipal officials in projects funded by national government; and exploitation of workers by greedy implementers. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/28/202323 minutes, 1 second
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ANC's damaging foreign policy: Ideology without moral authority

South Africa needs a professional diplomatic service to mitigate the damage caused by its foreign policy based on the ideological world view of the ruling African National Congress (ANC). That is the view of Terence Corrigan of the South African Institute of Race Relations (SAIRR) who speaks to BizNews about the ANC’s pro-Russia stance; the diplomatic debacle in Poland; President Cyril Ramaphosa’s “pathetic” performance in Paris; and the lingering questions over allegations that arms and ammunition were supplied to Russia in defiance of sanctions; as well as the “self-delusion” of BRICS. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/27/202326 minutes, 36 seconds
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John Steenhuisen: How the DA will beat EFF and the fragmenting ANC and win in 2024

 In a rational world, the Democratic Alliance would be a shoo-in at South Africa’s National election next year. The only province where it has a majority, the Western Cape, proves the benefits of clean and efficient governance: crime is lower, property prices much higher, 98% of SA’s new jobs are created there - and public structures work in a country where big chunks are increasingly taking on the look of a failed state. But unseating SA’s Party of Liberation is no easy task. In this interview, DA leader John Steenhuisen explains how the DA expects to prevail. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/27/202323 minutes, 36 seconds
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Breast cancer: the scary truth about mammograms, birth control pills, more – Dr Susan Wadia-Ells

BizNews spoke to Dr Susan Wadia-Ells, author of Busting Breast Cancer, Five Simple Steps to Keep Breast Cancer Out of Your Body to discuss various factors contributing to breast cancer and shed light on the controversial practices and regulations surrounding its prevention and treatment. A fascinating discussion on mammograms, metabolic therapies and other critical issues related to the cancer industry. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/27/202356 minutes, 38 seconds
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Exploring the impact of electoral reform on every South African citizen

Electoral reform is crucial in transforming South Africa’s democracy. Former member of the Independent Electoral Commission, Terry Tselane, and Senior lecturer at University of Pretoria, Dr. Sithembile Mbete participated in a panel discussion focused on the recent electoral reforms and their implications, specifically the inclusion of independent candidates in the closed list proportional representation system. Tselane emphasized the long-standing efforts to establish a fair electoral system, while Mbete expressed concerns about the Electoral Amendment Act potentially benefiting political parties. Despite the complexity of the reform process, Tselane and Dr. Mbete remained hopeful for broader electoral reforms in the future elections. Part 2 of the 6-part series with Kagiso Trust. Sponsored by: Kagiso Trust - https://bit.ly/3N4FZ9e Learn more about your ad choices. Visit megaphone.fm/adchoices
6/27/202326 minutes, 14 seconds
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SA-Russia relationship: South Africa is handcuffed to a losing horse - Dr Colin P. Clarke

South Africa is betting on a losing horse with its backing of Russia - and will face consequences for a foreign policy that “accommodates Moscow and other rogue regimes”. This warning comes from Dr. Colin P. Clarke, the Director of Research at the Soufan Group, a global intelligence and security consultancy based in New York. He speaks to BizNews about the likely consequences of a continued SA-Russia “alliance”; the African National Congress (ANC) government’s failure to combat terror financing on its soil; a possible threat of misinformation leading to violence around next year’s national elections; and the “commercial and monetary” advantages of repairing its relationship with the US. Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/26/202319 minutes, 11 seconds
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Russian war games: Putin wounded by Prigozhin’s failed rebellion - Professor Abel Esterhuyse

A weekend of war games in Russia. A coup that wasn’t. A failed armed rebellion. A violent clash of egos between Russian President Vladimir Putin and his warlord Yevgeny Viktorovich Prigozhin. BizNews speaks to Professor Abel Esterhuyse from the Faculty of Military Science at Stellenbosch University who says the failed rebellion nevertheless spells the beginning of the “unmaking” of the Putin regime in Russia. He thinks the “March for Justice” was for military-, not political justice and that it could have been sparked by a move to integrate Prigozhin’s Wagner Group fully into the Russian military because it was increasingly getting out of hand - and taking the credit for battlefield successes. Professor Esterhuyse says the failed rebellion has also put the loyalty of the Russian military in question. He believes the Ukraine should now just use time as a strategic commodity and wait for Putin’s position to be eroded to the point that a change of leadership becomes inevitable. Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/26/202320 minutes, 22 seconds
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RW Johnson: Implications for SA of a suddenly fragile Putin; Ramaphosa bombing in Paris

Political scientist RW Johnson reckons there are significant implications here in South Africa after the weekend's aborted coup in Russia by Prigozihn's Wagner forces. The ANC and local Communist Party's support for a suddenly fragile Putin exposes them - and there are implications, too, for the country's watershed election in 2024. Johnson also sheds light on the parlous state of South Africa's international relations efforts and the need for a vast improvement in its expertise. Plus, he is scathing about SA president Cyril Ramaphosa's performance at the Paris summit which raises serious questions about his grasp of geopolitics and economics. Hi spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/26/202321 minutes, 21 seconds
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Piet Viljoen lays into Naspers management for “feeding” at shareholder expense

Veteran money manager Piet Viljoen has been on the warpath against Naspers management in the runup to Tuesday’s release of the group’s financial results. He ripped into them in a social media post (see below), which sparked an interview with Alec Hogg where the manager of the Merchant West Value Fund elaborated on his views. Viljoen is not alone. A couple years back, a group of South African money managers issued an unprecedented public statement attacking management’s approach. Given the impairments that will be disclosed with the results on Tuesday, those critical voices are likely to be heard again in the week ahead. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/23/202322 minutes, 34 seconds
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South African Startup Omnisient Using AI and Alternative Data to Help Millions Access Credit - Jon Jacobson

Two billion people in the world, most of whom live in emerging markets, do not have access to credit. They are excluded from financial systems because they have limited or no credit history. South African startup, Omnisient, which specialises in secure data sharing for businesses, wants to bring this section of the population into the economy by leveraging AI and alternative data like retailers' rewards programs. A Financial Inclusion study by TransUnion showed that 20 million South African consumers were credit unserved and a further 7 million underserved. Omnisient was recently named one of the World Economic Forum's 2023 Tech Pioneers. Co-founder and CEO Jon Jacobson of Omnisient told Biznews that with alternative data, banks can predict the likelihood of defaults and increase sales by 30%. He said this is a win-win situation for everyone involved: the retailer, the person who could never get credit, and the credit economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/23/202318 minutes, 24 seconds
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How the world sees SA: Eskom's "slow motion car crash" gets a global spotlight

In this edited version of a lengthy Bloomberg podcast that uses South Africa as a template for "what happens when the lights go out", we are treated to how the international market sees the country's 15 years of electricity blackouts - what caused them and whether the problem is now being addressed. Bloomberg Opinion senior executive editor Tim O'Brien visited South Africa to see for himself what he describes as a "slow motion car crash". The host of Bloomberg's Crash Course podcast shares the microphone with his Cape Town-based Bloomberg colleague, energy reporter Paul Burkhardt and Olga Constantatos, head of credit at FutureGrowth Asset Management. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/22/202333 minutes, 39 seconds
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Coalition Government: DA the favourite, EFF the feared

The Democratic Alliance (DA) is in the strongest position to enter into a coalition government with the African National Congress (ANC) after next year’s general election. But a coalition with the Economic Freedom Fighters (EFF) would be a feared outcome. That is the view of Professor Stig Jensen from the Centre of African Studies at the University of Copenhagen in Denmark. He speaks to BizNews about governance crises in Africa; how resistance movement-based governments are being increasingly challenged; how liberation movements fail to successfully transition to government; and how some governments became more authoritarian in the time of COVID. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/22/202321 minutes, 51 seconds
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FFM podcast ep8: Volatility for starters; SA Inc for mains; and Life for dessert

It's a volatile environment investment professionals find themselves in, summed up succinctly by this week's guests, Corion Capital's Garreth Montano and Grant Morris from CluclasGray Asset Management, hosted by BizNews' Stuart Lowman. One of the building blocks behind Fantasy Fund Manager was education, and the first eight weeks have certainly given users that and more, highlighting how difficult it can be to manage money. But despite the macro and micro headwinds SA incorporated is facing, that's where both see certain companies offering value. While Grant laid out a few sector plays with a particular focus on Life Healthcare, set your diaries for ⅞ July. We've also opened up a questions section, which you can write in by going to our Twitter handle @Fantasy_Fund, emailing [email protected], or visiting www.speakpipe.com/ffm and voicing a question. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/22/202317 minutes, 17 seconds
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Eugene Brink: New government needed to save SOEs; after de Ruyter's Eskom nightmare

A change of Government is needed to save South Africa’s State-owned Enterprises (SOEs). This after the horror management experience of former Eskom CEO André de Ruyter who tried “every which way to rectify the troubles and the travails that Eskom had and still has”, but did not have the necessary political backing - and failed in the end. That is the opinion of independent political analyst Eugene Brink who guides BizNews viewers through the contents of De Ruyter’s explosive exposé of his time at Eskom. He says, apart from a change in Government, only some form of privatisation would be able to save many of the country's SOEs. - Chris Steyn 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 - https://bit.ly/3lfVRYP Learn more about your ad choices. Visit megaphone.fm/adchoices
6/21/202325 minutes, 51 seconds
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Perchtold on market surge: Here’s how we’re locking in profit, finding pockets of value

In this interview, Mark Perchtold, founding director of OMBA, delves into the stock market’s Bull v Bear debate, shedding light on the current dynamics. He highlights that while last year was clearly a bear market, this year has seen the ascendancy of the bull, which holds significant implications for investors. Perchtold emphasizes the need for a more defensive approach, particularly after the impressive performance of certain stocks, notably Big Tech, which he accurately predicted six months ago were likely to enjoy a recovery. Furthermore, he discusses the recent surge in Artificial Intelligence stocks, drawing parallels to the dot-com boom and subsequent bust of 25 years ago. Perchtold provides valuable insights into OMBA’s current portfolio structure, highlighting its diversification and areas of overweight positioning. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/21/202322 minutes, 46 seconds
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SA Assassin's linked to Swedish PM's murder

Shadowy agents from South Africa’s Apartheid era are believed to have been involved in the assassination 37 years ago of Swedish Prime Minister Olaf Palme. That is the conclusion of former Swedish diplomat and businessman Jan Stocklassa whose investigation was sparked by the discovery of research done by Stieg Larsson, the late author of The Girl with the Dragon Tattoo. Stocklassa’s findings are being aired in a documentary based on his book The Man Who Played with Fire - Stieg Larsson's Lost Files and The Hunt for an Assassin. BizNews interviewed both Stocklassa and veteran Swedish Police Authority officer Jan-Äke Kjellberg, who was seconded to the South African Truth and Reconciliation Commission (TRC). Learn more about your ad choices. Visit megaphone.fm/adchoices
6/20/202329 minutes, 54 seconds
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Mulder skewers ANC’s political ploy to grab healthcare: “Just fix what we have, dammit”.

South Africans owe much to the efforts of its flotilla of activist non-profit organisations. Especially those like Solidarity’s Research Unit, which invests great effort in challenging seemingly endless irrational legislative proposals from the ANC- as it is doing once again after the ruinous National Health Insurance bill passed through Parliament last week. In this powerful assessment, the unit’s head Dr Connie Mulder puts the ANC’s unaffordable, irrational and un-implementable proposal to the sword, sharing some of the arguments that Solidarity will make in court. The true mystery is why the ANC persists with ideas that are certain to be blocked in the courts, which remain the primary power in any Constitutional Democracy. Perhaps it’s time for taxpayers to demand that political parties, and those driving them, are held personally responsible when they waste the country’s scarce financial resources in such obvious vote-pulling ploys? - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
6/20/202322 minutes, 43 seconds
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Moeletsi Mbeki’s Rallying Cry for Business to Become Active in Politics to Save SA

Political analyst and Chairperson of the South African Institute of International Affairs (SAIIA), Moeletsi Mbeki says it’s evident from high employment, collapsing infrastructure, a deteriorating healthcare system and ailing security apparatus that the ANC government is not coping with its responsibilities and that the global status of South Africa has declined enormously, In an interview with Biznews, he also criticised the negative impact of black economic empowerment on the economy and on social cohesion. Change would be possible through the 2024 elections, he said, by a coalition of opposition parties. Mbeki called for the private sector to play an active role in politics, urging individual business leaders to intervene rather than simply advising the government. However, he dismissed the notion of a messiah-like figure driving this process. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
6/19/202321 minutes, 24 seconds
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McKenzie: Opposition parties, incl PA, may be giving ANC a "free pass" of 5 more years

In a potentially watershed interview, Patriotic Alliance president Gayton McKenzie acknowledges his own mistakes and says South Africa's opposition parties, including the Democratic Alliance (DA) and the PA, need to mature fast or they'll hand the African National Congress (ANC) another five years after the national election in May 2024. McKenzie says his leadership team is heading off on a learning visit to Israel, a country which has had a coalition government ever since its founding 75 years ago - and is hopeful this will teach his party the importance of maturity and unity among opposition parties, as their infighting undermines their credibility. In this wide-ranging discussion, McKenzie also touches on how the Moonshot Pact could work, but predicts that if the opposition doesn't sort themselves out, the ANC will be able to retain power in 2024 by choosing between his PA and the Economic Freedom Fighters (EFF) as potential coalition partners. If this doesn't energise the opposition parties, you have to wonder what will. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/19/202332 minutes, 24 seconds
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Exploring Elon Musk’s skinny jab: A potential solution for obesity in South Africa?

Semaglutide, a drug marketed as Wegovy or Ozempic that was initially designed for diabetic patients to control blood sugar levels, has garnered attention for its potential weight loss effects. Notably, technology entrepreneur Elon Musk, hailing from South Africa, attributed his transformed physique, lauded by a fan as “ripped,” to fasting and the use of Wegovy. Muhammed Vally, Head of the Division of Clinical Pharmacy and Lecturer at Wits University, highlighted that clinical trials demonstrated that non-diabetic individuals who took Semaglutide experienced an average weight loss of 14.9%, in contrast to 2.4% in the placebo group. In an interview with Biznews Vally, however, stresses that the medication should not be considered a standalone solution and must be complemented with a proper diet and exercise regimen to maximise its benefits. It is important to note that Semaglutide may cause side effects such as nausea and diarrhoea. Despite these considerations, Vally believes that exploring the potential of this medication to address obesity is worth considering. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/15/202317 minutes, 19 seconds
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Mzansi Youth Choir strikes a melodious chord in American hearts, harmonising for victory

South Africa’s Mzansi Youth Choir has etched their names in history with a groundbreaking performance on America’s Got Talent. Securing the show’s first-ever group golden buzzer in its 18th season, they have set their sights on the next level. With harmonious determination, they aim to advance to the semi-finals and bring even greater pride to their nation by winning the renowned global talent competition. In an interview with BizNews, Artistic Director and choreographer Alfred Phakathi expresses hope that this international exposure will finally grant his choir the well-deserved recognition that South African artists often struggle to attain. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/15/202313 minutes, 24 seconds
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‘We can do it - we’ve done it before’: Kevin Lings says path to SA economic rebound lies in using past lessons

Once in a while, somebody produces truly superb work on a complex subject that demands the widest possible audience. Stanlib chief economist Kevin Lings delivers one of those rarities in this interview where he takes a look back at the past three decades and correlates foreign purchases on the South African share market with critical criteria like economic growth, unemployment and government debt. The result is a compelling argument and encouragement that SA’s desperate current situation is not pre-ordained; the road to success is no mystery - SA achieved it for more than a decade between 1996 and 2009. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/15/202325 minutes, 21 seconds
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FFM podcast ep7: Meet the CIO; where macro and micro collide; the oil play

Off the back of the US federal reserve interest rate pause, after ten consecutive hikes, it was fascinating to have Terebinth chief investment officer Erik Nel in the studio. Nel chatting with BizNews' Stuart Lowman and Corion Capital's Garreth Montano, gave insights into everything macro, from interest rate cycles to business cycles, plus a good case for an oil play. Garreth brought in some of the micro challenges SA inc has to deal with on top of the macro challenges, with a keen eye on banks and some of the beaten-down SA Inc. On the data front, players have moved away from SA inc, with Sanlam, Truworths, and MultiChoice making up three of the five least-owned shares. While Sasol was the most bought in stock in week seven, potentially supporting the oil play. We've also opened up a questions section, which you can write in by going to our Twitter handle @Fantasy_Fund, emailing [email protected], or visiting www.speakpipe.com/ffm and voicing a question. Remember to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/15/202324 minutes, 1 second
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Meet Roelf Meyer - how co-architect of New SA sees things today

Roelf Meyer, known for his role in successfully negotiating South Africa’s Constitution alongside the ANC, joined Biznews for an exclusive interview. Meyer provided insights into his relationship with Cyril Ramaphosa and shed light on the President’s challenges in executing his plans. He highlighted the ANC and DA as the only parties with governing experience, cautioning against premature predictions on coalitions. Meyer discusses South Africa’s peace efforts in Ukraine, addresses criticism of the 1990s settlement, and advocates for a revised model of Black Economic Empowerment. He reveals that the Transformation Initiative (ITI), consisting of him and four other transition veterans, has been requested by the US to share their experiences in dealing with factionalism. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/14/202336 minutes, 22 seconds
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Mashaba on Moonshot Pact’s dealbreaker, “that book” and enlisting new voters for 2024

Action SA leader Herman Mashaba has bounced back after being savaged over paying R12m for the production of a biography - and hits the campaign trail again this week with a mass voter registration drive in the party’s fortress of Soweto. In this interview Mashaba offers his side of the book story - and explains why members of the Moonshot Pact will need to agree to a “deal-breaking” clause to prevent its abortion. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/14/202327 minutes, 44 seconds
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Survivor’s Resilience: 101-Year-Old Ella Blumenthal Shares Her Holocaust Journey from Auschwitz to Africa

In a world where encounters with Holocaust survivors are few, and most have surpassed their 90s or 100s, Ella Blumenthal stands out as an extraordinary individual. Her journey that she penned in her book, “I am Ella” with author Joanne Jowell, goes beyond mere survival, for she carries within her a remarkable absence of hatred and refusal to be defined by her suffering. At 101 years old, Ella, who lives in Cape Town, exudes a fiery, gracious, and humorous spirit, at times even taking on the role of the interviewer. In an exclusive Biznews interview with Ella, her daughter Evelyn Kaplan and Jowell, her captivating presence makes this a must-listen, hosted by Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
6/14/202333 minutes, 26 seconds
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Civil society needs to get organised

Civil society plays a crucial role in shaping societies and holding those in power accountable. However, with many municipalities in South Africa facing significant challenges, it is imperative for civil society to actively participate in addressing these issues. By organising themselves, holding those in power accountable, and engaging in collaborative efforts, civil society can transition from being part of the problem to becoming a powerful force for positive change. Active participation at both the individual and collective levels is essential to ensure that the needs and aspirations of communities are met. Join us for this 6-part series with Kagiso Trust, as we explore ways of being a part of the solution and not part of the problem. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/14/202333 minutes, 23 seconds
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BOSA’s Mmusi Maimane - “In 2024, I’ll be one of four options for SA president

Former DA leader Mmusi Maimane's disruptive new political party Build One South Africa (BOSA) now has more than 20 000 members and will be whittling down already identified independent candidates to 200 ahead of the 2024 National Election. Maimane is confident that once the ballot papers have been counted he will be one of four options for SA's presidency alongside Ramaphosa, Malema and Steenhuisen. Far fetched? Not when you consider his popularity among political leaders - and what happened recently in Zambia and Lesotho. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/14/202324 minutes, 39 seconds
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Democratising solar power - Gosolr’s R1740pm solution, no capital upfront

The private sector has jumped into the opportunity presented by load-shedding and the SA government’s belated opening up of electricity supply. Marker-leading Gosolr is installing thousands of no-upfront-capital solar solutions into middle-income and upwards households, currently adding 10MW monthly. CEO Andrew Middleton, a trained actuary and former investment banker, says Gosolr’s target is injecting 500MW into the grid within three years - a number which would remove half a load shedding stage. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/14/202319 minutes, 7 seconds
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SANSA Lift-off: Collaboration with NASA to Reunite Humans with the Moon - Raoul Hodges

The South African National Space Agency (SANSA) is going to play an important role in collaborating with NASA, the National Aeronautics and Space Administration, in their quest to reintroduce humans to the lunar surface. Construction is about to commence on a communication facility in Matjiesfontein. SANSA’s Managing Director, Raoul Hodges, from the Astronomy Observatory, delved into the details of this collaboration in an interview with Biznews. He said it marked an exciting milestone for South Africa's contribution to space exploration. NASA recognised the technology, skills, and reputation of the country in providing and operating a ground station to support its Artemis program. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/13/202312 minutes, 54 seconds
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Will SA's 2024 Election be Free and Fair? Far from guaranteed - OUTA's Duvenage

In this compelling interview with OUTA founder and CEO Wayne Duvenage, he raises serious concerns about the fairness and transparency of 2024's national and provincial elections in South Africa - and the ability of the Independent Electoral Commission (IEC) to fulfil its role. OUTA has been scratching in some dark places in the national accounts where it uncovered a switch in funding away from the IEC towards political parties, which now receive well over R1.5bn a year from tax revenues. This interview highlights the importance of upholding democratic principles and ensuring transparency in the electoral process - something far from guaranteed in what is shaping up to be a watershed election for the young democracy.  Learn more about your ad choices. Visit megaphone.fm/adchoices
6/13/202322 minutes, 30 seconds
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Dr Anthony Turton: SA water crisis is "existential threat" to national security and economy

South Africa is in the grip of a serious national security crisis on the water front. This is according to Dr Anthony Turton, who is a specialist in water as a national security risk. He says: “We have a profound, profound problem in water in South Africa. We are deep in a water crisis. And the very foundation of this water crisis is an existential threat to the security and well being of the national economy in terms of job creation, in terms of its ability to raise capital, to grow the economy in the future and of course the ability to trigger social unrest.” He shares with BizNews the measures that Government should implement to make South Africa an investment prospect again. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/13/202320 minutes, 26 seconds
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Cry the soiled country: SA swamped by sewage

The growing number of raw sewage spills and cases of contaminated water across South Africa is becoming a critical threat to lives, livelihoods - and even the future of small towns. Sonja Boshoff of the National Council of Provinces has fought an epic - 15-year-long - battle in just one of the affected areas in Mpumalanga. The Democratic Alliance (DA) MP warns that a “very big health issue” will “explode” in South Africa if the African National Congress (ANC) government continues to allow municipalities to get away with it. She also guides BizNews through the Government’s recently released interim Blue and Green Drop Watch reports. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/12/202328 minutes, 55 seconds
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FF Plus Leader Pieter Groenewald: IFP Leader is a Good Opposition Candidate for South African President, Rejecting "Baas" Mentality

Recent experiences with coalitions in South African metros indicate that opposition parties are facing challenges in interpreting their mandate, raising concerns for the upcoming national and provincial elections. However, in an interview with Biznews, Freedom Front Plus leader, Dr Pieter Groenewald expresses his belief that both political parties and voters are in a learning process. Groenewald also addresses concerns about trust and potential coalition partners, particularly highlighting the need for the DA to clarify its position on forming a coalition with the ANC. He also touches on the potential challenges of a white opposition leader becoming the President of South Africa and suggests the leader of the Inkatha Freedom Party, Velenkosini Hlabisa as a potential candidate for the presidency- Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
6/12/202316 minutes, 1 second
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SA oil and gas: Prepare to meet thy boom - Mosa Mabuza, State's chief geologist

More than 75 000 people have read last month's BizNews article based on our interview last month with James Lorimer, DA Shadow Mineral Resources Minister, where he likened the country's oil and gas potential to the Diamond and Gold booms that transformed the country. At last count, the recording of that interview on YouTube has been watched by almost 140 000 people. Here's the obvious follow-up - the "official" view from the South African State's chief geologist, Mosa Mabuza. His message, based on the science, is equally upbeat. In effect: Prepare to Meet Thy Boom. Good news at a time when the country needs it. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/12/202321 minutes, 54 seconds
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Alec Hogg at Fynarts: Fake News - how to be part of the solution (and stop being part of the problem)

Here's a recording of the booked-out breakfast talk BizNews founder Alec Hogg gave this morning at the Hermanus Golf Course as part of the town's annual FynArts Festival. In it, Hogg shares how Fake News is nothing new, explaining how, through the ages, the innovations that expanded media access always attracted those with agendas far removed from the purist's approach to publishing the truth. He also suggests practical ways to become part of the solution to the Fake News scourge. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/11/202326 minutes, 34 seconds
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New JSE rules opens way for 9.9% yielding, low risk ETF from CORE shares.

In this interview with Michelle North and Chris Eddy from COREshares by 10X, we learn how a JSE rule change has enabled the introduction of actively managed ETFs into the South African market. Currently delivering 9.9%, the COREshares actively managed Income ETF is a winner for those seeking high yields without having their money tied up for long periods - or being forced into risky paper. They spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/9/202321 minutes, 56 seconds
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Cyril Ramaphosa: The Emperor is naked and afraid

Six months into his second term, Cyril Ramaphosa has been labelled an “awful” president - who accumulated his huge personal wealth like a Russian oligarch on the back of a regime change. This devastating take down on his performance was delivered by independent political analyst Eugene Brink who likened Ramaphosa to a fearful Emperor with no clothes: a man who has disappointed citizens and investors alike; “who is afraid of his party, who's enthralled to his party” - and who has filled his Cabinet “with people he favours and some people he has to have there for the sake for political expediency”. Brink says Ramaphosa has “failed dismally” to deliver on his promises - but is “sadly” still the best the ANC has to offer right now. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/8/202332 minutes, 20 seconds
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SA’s Copper Theft Crisis Costs the Economy R47 Billion Annually - FF Plus Leader Pieter Groenewald

The illicit trade in copper has unleashed a staggering burden on South Africa’s economy. With global demand for copper reaching new heights, the prospect of criminal gangs relinquishing their activities seems increasingly unlikely. Despite a previous six-month moratorium on copper exports imposed by the government, no new regulations have emerged since its expiration. The Leader of the Freedom Front Plus, who sits on the Parliamentary Portfolio Committee on Police, highlights corruption and alarmingly low conviction rates as the primary stumbling blocks impeding South Africa’s resolve to combat the rampant copper theft problem. Groenewald says the disheartening truth is that criminals in South Africa currently enjoy an 80% chance of evading punishment for their crimes. Groenewald also reflects on the recent passing of Tina Joemat-Petersson, the chairperson of the police portfolio committee who was being investigated for extortion. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/8/202315 minutes, 29 seconds
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EasyProp, BlackBrick join forces in SA property's commercial-to-home boom

The extraordinary tale of two visionary property entrepreneurs, EasyProperty’s Rupert Finnemore and BlackBrick’s Jonathan Liebman, is covered in this interview, exploring their latest partnership and the profound impact they are having on the real estate industry. Their collaboration is now into its fifth project, the new BlackBrick Gardens development in Cape Town, which is already 65% subscribed with 15 days to go. The previous development in the Mother City delivered a net yield of 12% a year for Easy Property investors - with zero entry barriers to a market previously restricted to institutional investors. They spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/8/202323 minutes, 37 seconds
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FFM podcast ep6: Insights from May’s top of the pop; Naspers as a banker; send those questions

Fantasy Fund Manager of the month of May Angela Walton joined BizNews’ Stuart Lowman and Corion Capital’s Garreth Montano in studio. She gave away all her secrets that got her to the top of the investment pile, which have held for decades prior. Naspers as a holding also came under scrutiny as it’s still the most held stock in the game; 1 in 5 do so. We also opened up a questions section, which you can write in by going to our Twitter handle @Fantasy_Fund, email [email protected] or visit www.speakpipe.com/ffm and voice a question. Don’t forget to make your picks each week by the market open on Monday to have a chance to win any of the prizes up for grabs. And invite your friends. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/7/202316 minutes, 53 seconds
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State Capture's Free State origins: Corruption, devastation & poverty

In this gripping interview, the Democratic Alliance's provincial leader, Roy Jankielsohn, exposes how state capture was “perfected” in the Free State under former premier Ace Magashule. He says the textbook for state capture was written in the province. “And Jacob Zuma was merely a student who read that textbook and implemented it at a national level, obviously using companies and individuals, including the Gupta brothers. But they started their empire in the Free State,” Jankielsohn says. Don't miss this eye-opening account of corruption, mismanagement, and its lasting consequences in the Free State. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/7/202326 minutes, 56 seconds
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RW Johnson: Perplexing ANC decisions are threatening economy, SA reputation

Renowned political analyst RW Johnson’s explosive interview delves into two critical topics plaguing South Africa: the controversial arms-to-Russia scandal and perplexing recent African National Congress (ANC) decisions. Johnson uncovers a disturbing lack of transparency as the government conceals the inquiry’s findings, fuelling suspicions of guilt. The consequences loom large, including potential sanctions and detrimental effects on South Africa’s reputation and economy. Moreover, Johnson dissects the ANC’s puzzling move to grant immunity to Russian President Vladimir Putin, inviting criticism and muddying the fate of the upcoming BRICS summit. With sharp insights into South Africa’s National Health Insurance and public dissatisfaction, this thought-provoking conversation unveils a nation teetering on the brink. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/7/202325 minutes, 59 seconds
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ANC Government risks a “Flash Revolution” - Emeritus Professor Francois Vreÿ

Emeritus Professor Francois Vreÿ of the Faculty of Military Science at Stellenbosch University warns that the African National Congress (ANC) government risks a “flash revolution” if it does not improve the provision of “human security”. He says the failure to effectively deliver quality services is evident in the “little red flashes” of dissatisfaction across the country. He also stresses the importance of a strong security governance platform to maintain stability. However, he does not believe that there will be a deep revolution that topples the government. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/6/202324 minutes, 1 second
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Losses on Joburg-Durban freight corridor bigger than state capture - Francois Nortjé

Transnet has sent an SOS to the government about the freight chaos on the Jo'burg-Durban corridor, urgently calling for action to combat sabotage and cable theft. Francois Nortjé, Director of Distribution Junxion at the Port of Gauteng and a prominent advocate for rail issues, emphasizsd that this chaos has persisted for 22 months He told Biznews that the recent problems are not unprecedented, and there remains a lack of effective legislation to address the prohibition of copper exports. In an interview with Linda van Tilburg of Biznews, Nortjé estimated that Transnet's losses due to these issues amounted to R30-35 billion, surpassing the impact of state capture. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/6/202316 minutes, 53 seconds
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South Africans Urged to Rise in Outrage over State Failure - William Gumede

Load shedding, crime, decaying infrastructure, corruption, and now, the concerning ties with Russia have South Africans boiling with anger. However, according to Professor William Gumede from Wits School of Government, our collective fury falls short. In a BizNews interview, Prof. Gumede revealed that acceptance of state failure, weak leadership, and corruption has seeped into our national psyche. What we require is a resounding uproar. Encouragingly, at the local government level, signs of hope emerge as people harness their voting power for change, as shared by Prof. Gumede in conversation with Linda van Tilburg of Biznews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/6/202319 minutes, 56 seconds
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The secret war behind enemy lines in Russia - Andrei Kabkalo

There have been an increasing number of daring - and devastating - attacks behind Russian lines in its war with the Ukraine: audacious drone attacks on Moscow and the Kremlin itself; oil- and fuel depots and bridges blown up; air bases attacked; assassinations carried out. No one has publicly claimed responsibility for these clandestine operations. However, BizNews has been given a glimpse into the war zone by Andrei Kebkalo of Omega Consulting Group (OCG) that has trained at least 2 000 "extraordinary" operators. He answered reporter Chris Steyn's questions from his HQ in the northern Ukraine near the border with Belarus. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/5/202328 minutes, 15 seconds
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Local v Offshore Challenge: Gap closes but both Magnus and Piet say SA shares now super cheap

A collapse in the Rand and a sharp fall in local asset prices brought the contestants in the R1m Local v Offshore Challenge much closer together. But 18 months into the five-year competition, Piet Viljoen’s portfolio still has a handy lead (R550 000 v R450 000), and he says the JSE’s selloff has made high-quality SA shares very attractive. They are so cheap that even Magnus Heystek, his rival, reckons it’s worth buying them. They spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/5/202325 minutes, 14 seconds
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Moneybetter’s investment secrets for FFM - and why Naspers is a “banker”

Discover the secrets of successful investing in this captivating interview with Moneybetter, one of the major sponsors of the Fantasy Fund Manager game. Chris Clarke and Charlotte van Tiddens reveal the game’s educational benefits and Moneybetter’s mission to revolutionise savings in South Africa. They uncover the factors behind discounts on investment holding companies like Naspers and provide valuable insights into their top stock picks for the game. Dive into finance as they discuss long-term investing, healthy cash flow, and the urgent need to promote a more robust savings culture in South Africa. They spoke to Alec Hogg of BizNews Learn more about your ad choices. Visit megaphone.fm/adchoices
6/5/202324 minutes, 9 seconds
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Hanekom: Profitable SAA restarting intercontinental routes, Brazil first

Derek Hanekom, a veteran ANC member known for his vocal criticism of the party, who chairs the interim board of SAA has expressed confidence in concluding the airline’s acquisition by the Takatso consortium by year-end. He said that SAA had returned to profitability and unveiled plans to expand its route network to 20 destinations, with the first intercontinental route set to reconnect Sao Paulo. Hanekom also emphasised the importance of clean, renewable energy for South Africa, highlighting its potential to be implemented more swiftly than nuclear energy. Furthermore, he voiced his support for the Defend Our Democracy Campaign, a counter-mobilisation aimed at safeguarding South Africa’s democracy. He spoke to Linda van Tilburg of Biznews Learn more about your ad choices. Visit megaphone.fm/adchoices
6/4/202328 minutes, 22 seconds
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David Bacher assesses Crash of Rand, SA shares in May - storm warning or great opportunity?

The quiet in March and April proved to be the calm before May's storm with all hell breaking lose on investment markets - and any Rand-related asset taking a hammering. David Bacher of Corion shares the hard numbers and offers insights into whether May's wipeout is a warning of worse to come for JSE-listed shares, or a juicy buying opportunity. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/2/202322 minutes, 25 seconds
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Paul O'Sullivan: Wolves guarding sheep at new SAPS Kidnapping Unit; and 'it's personal' vendetta against State Capture law firm

Ace forensic investigator Paul O'Sullivan says South Africa's new specialist unit to counter a surge in kidnapping has all the signs of an inside job. The founder of Forensics for Justice says the leadership of the SAPS unit is compromised (the operational head is himself on trial on kidnapping charges), while family of unit members are acting as couriers of the cash to kidnappers—a case of wolves appointed to guard sheeple. Also, in this interview, the no-nonsense crime fighter admits his mission to destroy legal firm Lawsons (ex Hogan Lovell SA; previously Routledge Modise) is personal. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/2/202322 minutes, 27 seconds
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Cross-border cattle raiders meet their nemesis in Bees van Blerk

After loosing 37 cattle at about R10 000 a head and 178 pregnant sheep, Bees goes sleepless for nights on end to scare off rustlers when motion sensors on his cattle are set off - sometimes three times a night. He also does not hesitate to shoot cattle smuggled across the border to mate with his bulls or cows. He says he has had no support from the police in 20 years - and implicates soldiers and cops in stock thefts. Meanwhile, even wealthy Basothos farming in the Free State are targeting by the stock thieves. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/1/202319 minutes, 21 seconds
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FFM podcast ep5: The FA’C up plays itself on markets as the Blue of Telkom tackles the volatile Red

We reflect on the first month of Fantasy Fund Manager this week and hope to entice the winner into the studio next week. The varied insights of players make the game what it is, a hotbed of learning. It also highlights how difficult it can be to manage money. We had Corion Capital's Gareth Montano and Dylan Bradfield from Sharenet in the studio. Dylan penned a Telkom article on BizNews, which opened up the telecom discussion, while volatility was evident throughout, with six companies falling more than 20% in the month. The following month's competition kicks off on Monday, 5 June, so be sure to get your picks in before the market opens at 9am, and invite your friends as prizes are up for grabs. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/1/202316 minutes, 26 seconds
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Prof Piet Croukamp: ANC’s illogical Russian obsession - follow the money, honey

The ANC’s stubborn insistence on retaining its close friendship with Russia, which broke promises and the UN agreements by invading its democratic neighbour Ukraine, defies reason.The costs are rising.There has been a spat with the US’s Ambassador to the country; warnings from SA’s business community of doors closing; and a red flag from the SA Reserve Bank about the ruinous impact of capital outflows and potential sanctions. Despite this, the ANC refuses to change its irrational stance, defaulting to a claim that the country is ‘non-aligned’. Why? In an interview with Biznews, Professor Piet Croukamp from North-West University’s Business School prods us to ‘follow the money’ suggesting the answer may lie in Russia’s (potentially illegal) funding of the ANC. He spoke to Linda van Tilburg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/1/202314 minutes, 14 seconds
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CSIR's Monique le Roux: SA's loadshedding solution in abundant gas, renewables - execution required

Monique Le Roux, a senior researcher at the CSIR who specialises in energy and electricity, applies her mind to the challenges and potential solutions for SA’s energy crisis. She also touches on recent revelations of corruption in the country’s public utility, as well as the delays in the renewables program. Le Roux emphasises the importance of gas as a low-hanging fruit, but the government’s lack of leadership and policy direction is a big obstacle. Also covered in the interview are the potential of fracking in the Karoo and its impact on the country’s energy supply. She spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/1/202321 minutes, 9 seconds
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How Ukraine views SA's arms-to-Russia scandal, offering Putin immunity, claimed "non aligned" status

Ukraine’s ambassador to South Africa has been waiting six months for an audience with the country’s Defence Minister to hear what happened with the Russian vessel Lady R, the alleged recipient of SA arms to Russia. Ambassador Luibov Abravitova remains hopeful on that, as she does about SA’s ability to recognise it’s impossible to be “non-aligned” on the UN Charter - or on granting immunity to international war criminals. It’s a fascinating interview by the Ukrainian diplomat charged with one of her country’s most challenging assignments. She reminds us that Ukraine and South Africa have a long history of cooperation and both are young democracies (Ukraine in 1991; SA in 1994) which sacrificed much for their freedom. Also, they both voluntarily gave up their nuclear arsenal, which, in Ukraine’s instance, the world's third largest, which was and in return for supposedly rock-solid sovereign nation protection guarantees from the US, UK and Russia. She spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/1/202331 minutes, 33 seconds
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Redefining cancer as a metabolic disease: Dr Thomas Seyfried makes stunning revelations about new therapies that could transform cancer treatment

Despite astonishing advances in science and technology over the last several decades, cancer remains one of the leading causes of death worldwide, with an estimated 9.96 million people dying from cancer in 2020. Dr Thomas Seyfried, a professor at Boston College and a prominent researcher and professor in the field of cancer biology and metabolic therapy, believes this is a result of a misunderstanding as to what cancer is. Over a decade ago, Seyfried, a trailblazer in the arena of conquering cancer, published his groundbreaking book Cancer as a Metabolic Disease: On the Origin, Management, and Prevention of Cancer, which provided extensive information showing that cancer can be best defined as a mitochondrial metabolic disease rather than as a genetic disease. This theory has incredible implications for the development of new non-toxic cancer therapies. In an interview with Dr Seyfried, he explained the virtues of this concept, the dogmatic ideology that is suppressing its development in mainstream medicine, and how the current cancer treatment is killing patients. A stunning interview with thought-provoking revelations. Learn more about your ad choices. Visit megaphone.fm/adchoices
6/1/202350 minutes, 45 seconds
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Ian Cameron on "General" Cele's crime stats fantasy - and encouraging data from Western Cape

There is much to admire about activist Ian Cameron. Smart, brave and articulate, he is best known for standing up to grandstanding police minister Bheki Cele at a public meeting in July last year. Cameron works at NGO Action Society and is focused on getting justice for the most vulnerable in South African society - primarily abused women and children living in poverty. This week, Cameron was in court again, fighting for the family of Siphokazi Booi, a woman whose horrific murder, he believes, would have been avoided but for police indifference. Cameron points to the deep malaise in the SA Police Service, which pays R1.2bn a year in taxpayer money to an astonishing 600 brigadiers and 200 generals - most of whom are political appointments. But there is a ray of hope from the Western Cape. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/31/202323 minutes, 28 seconds
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Washington buzzing in hope of SA coalition government

Democratic Alliance (DA) Shadow Minister Dr Dion George says South Africa is already being punished with “silent sanctions” for the pro-Russia stance of the ruling African National Congress (ANC). Dr George - who was part of a recent DA delegation that engaged with “players” in the US State Department, the Senate and the House - tells BizNews that DA officials implored Washington to renew its special trade agreement (AGOA) with South Africa in 2025 - despite its unhappiness with the ANC alignment with Russia. He provides a list a solutions to protect the economy from disastrous consequences - and also assures South Africa that it is not all “doom and gloom” - and that there is still time to turn the economy around. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/31/202333 minutes, 46 seconds
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Don’t put your finger in the eye of the American Eagle – Jean-Jacques Cornish

The allegations of arms shipments to Russia have raised doubts about South Africa’s neutral stance on the Ukraine conflict. These accusations have strained relations with the West, risking the loss of South Africa’s duty-free access to the US market. The South African Reserve Bank has also expressed concerns about potential censure due to perceived closeness to Russia. In an interview with BizNews, a veteran writer on foreign affairs and diplomacy, Jean Jacques Cornish warned the South African Government not to underestimate the significance of the US government. People, he said, often say, “Don’t poke the Russian Bear, but he would say, “Don’t put your finger in the eye of the American Eagle, because it is going to cause you a lot of trouble.” Learn more about your ad choices. Visit megaphone.fm/adchoices
5/31/202328 minutes, 39 seconds
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Frans Cronje: Load-shedding fixed in 12 months - even with embedded corruption, incompetence

After decades as South Africa's arch bear, political scientist Dr Frans Cronje has of late been a surprising outlier in the gloomy norm. In this interview, the chairman of the Social Research Foundation shares upbeat conclusions after detailed research into how to fix load-shedding. The solutions, he explains, are relatively simple and already being enacted. And from the ANC's perspective, should be perfectly timed to provide a welcome boost to flagging voter support just ahead of next year's critical National Election. He spoke to Alec Hogg of Biznews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/31/202325 minutes, 14 seconds
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DA goes to court to compel Putin Arrest - Glynnis Breytenbach

The Democratic Alliance has launched a court application to force the South African Government to arrest Russian President Vladimir Putin should he set foot in South Africa for the BRICS summit in August. In an interview with BizNews, DA Shadow Minister of Justice and Constitutional Development Glynnis Breytenbach said that the DA is taking pre-emptive action to avoid a repeat of the Al-Bashir saga. She said the South African government is playing a dangerous game. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/30/202310 minutes, 4 seconds
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Paranoid Putin packing for Pretoria, but Russia has little to offer SA - Ronan Wordsworth

The eyes of the international world are once again turning to South Africa after Russian President Vladimir Putin has been given diplomatic immunity to attend the upcoming BRICS summit. BizNews talks to Prague-based analyst and host of The Geopolitical Pickle podcast, Ronan Wordsworth, about the logistics and implications of such a visit: an advance party of Russian security agents to keep the paranoid Putin safe from assassination - and maybe even a body double or two. Wordsworth says South Africa is sending a strong message to the West, but warns that Russia may not have much to offer South Africa in return for its support. He also speaks about the return to Cold War dynamics on the Continent - and tots up what Russia, China and the US are bringing to the table. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/30/202322 minutes, 46 seconds
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Altvest one year on - why private equity revolution slower than expected (and a BizNews listing sales pitch)

As we're one of its business partners, the AltVest story has been closely followed by BizNews. So one year after going public, it is disappointing that CEO Warren Wheatley's dream of delivering one private company listing a month has not been fulfilled. He says in this interview that a severely constrained South African consumer and realities of engineering a private equity revolution worked against AltVest - but with two underlying assets on its boards, there has been progress. Wheatley explains how the economic realities of an energy-starved South Africa forced the business to pivot. He also delivers a compelling Altvest listing sales pitch to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/30/202324 minutes, 17 seconds
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R100-million Dinosaur centre as dead as a Dodo? MP Sonja Boshoff

The establishment of the R100-million Dinosaur Interpretive Centre in the Golden Gate Highlands National Park in Clarens in the Free State has been hit by long delays. This has resulted in a huge loss of potential income from visitors, students and researchers from across the world. The Centre was commissioned by the SA National Parks back in 2019 - and the building should have been completed in early 2020 already. MP Sonja Boshoff of the National Council of Provinces has spoken to BizNews about the devastating impact of the delays. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/29/202321 minutes, 47 seconds
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Blooming Success at Chelsea: South African Agapanthus Experts Andy and Quinton

It takes more than hard work and sweat in the African sun to blow the petals off exhibitors at the world-renowned Chelsea flower show. For Andy de Wet and Quinton Bean, two South African plant breeders, it took 18 years of diligent cultivation, 12,000 hand-pollinated seedlings, and perfect timing to emerge victorious. De Wet Plant Breeders have claimed the prestigious Royal Horticulture Plant of the Year award for their native Agapanthus creation, Black Jack Andy de Wet and Quinton Bean from De Wet Plant Breeders have just won the Royal Horticultural Society’s Plant of the Year award with a native Agapanthus that they named Black Jack. In an interview with BizNews, the duo from Hartebeespoortdam discussed their previous Chelsea accolades and the soaring demand that followed their latest win. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/29/202312 minutes, 58 seconds
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Unpacking Easy Equities deal with Telkom - a product that could take SA by storm

Sibusiso Ngwenya, the highly qualified head of Fintech at Telkom, explains the telecoms company’s partnership with Easy Equities. It’s a leap in the democratisation of share market investing for the bottom end of society’s pyramid. It offers the incentive of a free R50 investment when the Telkom Digital Wallet client opens their Easy account. Given Telkom’s massive reach and the low cost of buying into equities, it’s a product with vast potential. Ngwenya spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/29/202322 minutes, 44 seconds
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Extradition of Ex-Mozambican Minister Marks Southern Africa’s Anti-Corruption Triumph

Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in a $2 billion so-called “tuna bond” scandal, after South Africa’s top court dismissed an appeal by his home country for him to be tried there. It marks the end of a long-running litigation that challenged successive decisions by South Africa to extradite Mr Chang to Mozambique. Chang has been detained in a South African prison since his arrest in 2018. The Executive Director of the Helen Suzman Foundation, Nicole Fritz told BizNews that it was a significant moment in civil society’s effort to combat corruption in Southern Africa Learn more about your ad choices. Visit megaphone.fm/adchoices
5/26/202310 minutes, 41 seconds
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Male suicide crisis – how gender equality, feminism, and policy engendered this obscure issue – Richard Reeves

It's a well-known fact that the global suicide rate is alarming, with an average of over 700,000 people taking their own lives each year. What isn't remotely well-known, however, is that the suicide rate among males is three to four times higher than that among women. Richard V. Reeves, a senior fellow at the highly respected think tank Brookings Institution, where he directs the Future of the Middle-Class Initiative and co-directs the Center on Children and Families, has extensively researched this dark disparity between genders. Despite strong warnings not to, the father of three boys documented his findings in Of Boys and Men: Why the Modern Male Is Struggling, Why It Matters, and What to Do about It in 2022, a critical but bold undertaking in light of our social landscape which dismisses the plight of men by virtue of its (perceived) infinite inferiority to the history of injustices suffered by women. Reeves sets out the structural and social shifts over recent decades, which have effectively left a vacuum previously occupied by permitted and biologically informed masculinity – now tainted as toxic. In an interview with Reeves, the maligned issue of male malaise and the social, cultural and ideological reasons driving this are discussed – highlighting just how crucial addressing the crisis faced by boys and men is to the well-being and flourishing of BOTH genders. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/26/202353 minutes, 35 seconds
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Saldanha Bay Blue Print: How to Run a Successful Municipality – Mayor André Truter

Many municipalities in South Africa face substantial financial challenges, rendering them unable to fulfil their obligation of delivering essential services to their communities. A prevailing culture of non-payment further jeopardises the long-term viability of numerous councils. But there are beacons of light and councils that are well run that could serve as examples to the ones that are struggling and are in danger of collapsing. Two councils have been singled out by Ratings Africa as the most financially sustainable municipalities in the country. In its latest Municipal Financial Stability Index Midvaal and Saldanha Bay came out as the two best-run municipalities in South Africa. The DA’ Executive Mayor of Saldanha Bay, André Truter told BizNews what his secrets for success were and said he was more than willing to share best practices with ANC-run municipalities. At the core lies zero tolerance of corruption and theft, and the appointment of qualified individuals. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/26/202318 minutes, 14 seconds
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PWC rocked as 53 Australian partners exposed for using Canberra-sourced secrets to benefit foreign clients

In this era of state nationalism, reputational crime doesn't get much worse than PWC in Australia which sold its foreigners inside information sourced during consulting to the National Treasury on multinational tax avoidance. A once trusted advisor in Canberra, PWC's head of International Tax Peter Collins, is accused of having passed on secrets to many colleagues, with 53 PWC partners exposed in emails made public earlier this month. Among the major beneficiaries were US Big Tech companies which have been in running battles with Canberra for some years. The Australian Government has now banned anyone involved in the scandal from working on State business - a tall order as Canberra is PWC Australia's biggest client. There is no disclosure of involvement by any South African partners or companies, but sharing of the information has been confirmed in some other English speaking countries, including the US and the UK. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/25/202311 minutes, 34 seconds
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The House of Whistleblowers - explained by whistleblower Cynthia Stimpel

One of South Africa’s bravest whistle-blowers, Cynthia Stimpel, speaks to BizNews about the huge personal sacrifices being made by the country’s whistleblowers; the terrible losses some have suffered - and the extreme vilification that is used to discredit those who dare speak truth to power. She is now dedicating herself to help other whistle-blowers through her work at The Whistleblower House that has supported at least 160 whistle-blowers over the past year. She also gives important advice on blowing the whistle in the safest possible way. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/25/202327 minutes, 24 seconds
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FFM podcast ep4: The Naspers heavyweight as Tinder inspires active against hold

Time flies as we enter week four of Fantasy Fund Manager. This week Corion Capital's David Bacher and Andrew Vintcent from ClucasGray Asset Management joined us in the studio. A Tinder-inspired article in the Financial Mail got the juices flowing around which approach might be better suited; buy-to-hold or active management. The most brought-in stock for the week was Naspers, which is now held by 1 in 4 players, while the big ownership move into Lewis Group was at the expense of Woolworths and Clicks. Also look out for Andrew Vintcent’s pro tip.If you still want to play the game, register at www.fantasyfundmanager.co.za and compete in the weekly and monthly prizes—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/24/202315 minutes, 25 seconds
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Police sued over lives taken with cop-smuggled guns: Major-General Jeremy Vearey

A class action law suit has been launched by families of those killed and maimed by guns smuggled to gangsters by cops. Former top cop Major-General Jeremy Vearey has given BizNews the inside story of the investigation codenamed Project Impi, which was eventually disbanded after interference from top brass. About 1 700 people were killed with those firearms over a seven-year period. General Vearey has given an affadavit to the law firm acting pro bono for the families of the victims. He had long warned that the police would be liable for “victim death by death, murder by murder with those guns”. He calls for the Central Firearm Registry to be removed from the authority of the police. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/24/202349 minutes, 42 seconds
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“If big and scary’ Gayton did the same, I would have strangled him” – Charles Cilliers on Mashaba book furore

ActionSA leader Herman Mashaba’s book, written by political commentator Prince Mashele, has sparked controversy following the revelation that Mashaba contributed to its funding, despite being advertised as an unauthorised biography, Jonathan Ball Publishers withdrew the book from the market, citing a breach of trust, as Mashele failed to disclose the source of the funding. The source of the funding was disclosed by Brutus Malada, a senior researcher on the book who is married to former Democratic Alliance mayor Mpho Phalatse. Charles Cilliers, author and Co-Founder of the Patriotic Alliance, expressed astonishment at the reported payment of R12.5 million to Mashele, deeming it an “unfathomable amount”. Cilliers further commented that this controversy could have negative repercussions for Mashaba and ActionSA, adding that if his “big and scary” leader, Gayton McKenzie, had done the same, he would have strangled him. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
5/24/202318 minutes, 37 seconds
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Karpowership deal could cost South Africa R200 billion and do little to solve load shedding - Kevin Milehame

The National Transport Department’s decision to grant Karpowership, a Turkish power ship operator, 20-year access to three South African ports has been met with criticism from environmental groups and opposition parties. Kevin Milehame, the DA’s shadow minister of Energy, has warned that the deal could cost South African taxpayers a staggering R200 billion, while only generating 1200 MW of power, equivalent to a single stage of load shedding. Milehame told BizNews that he was concerned about what appearedto be the bending of rules to favour Karpowership and that it presented another opportunity for corruption. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/23/202314 minutes, 4 seconds
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SA's ultimate whistleblower Andre de Ruyter on his bestseller documenting ANC's Eskom plundering

Former Eskom CEO Andre de Ruyter is taking no chances after publishing his instant bestseller Truth To Power, which exposes the ANC's plundering of South Africa's national electricity utility. De Ruyter has refused any in-person engagement - but did agree to an "email interview" with Alec Hogg of BizNews. In it, the filter-free executive answers the big questions about load-shedding, criminality and what's next for Eskom. Also, what he learned from his three years of running SA's "largest organised crime syndicate". Eskom has required R500bn in direct bailouts from SA taxpayers. Still, its inability to deliver a steady electricity supply has cost the country even more through lost economic growth, lower investment, and destroyed jobs. So the book is a must. This interview, too. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/23/202333 minutes, 5 seconds
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Political analyst Eugene Brink: The toxic break up between De Ruyter and the ANC over Eskom

Political scientist and independent commentator Eugene Brink guides BizNews through the doomed relationship between departed Eskom boss André de Ruyter and the African National Congress (ANC), a relationship that started with big expectations on both sides, but ended in bitter recriminations. Brink predicts that De Ruyter speaking out could have an impact on the outcome of next year’s national elections. He also warns that large-scale sabotage has made Eskom largely unmanageable. He says there are people who have vested interests in power stations breaking down, technical faults occurring, coal not being delivered on time or in the exact quantities or the exact makeup. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/23/202320 minutes, 4 seconds
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The mysteries of the SA-Russia Arms "Deal" - Unpacked by global arms trade expert Andrew Feinstein

Global arms trade expert Andrew Feinstein shares his perspective on a charge by the United States that South Africa supplied arms to Russia in a time of war and sanctions. The former African National Congress (ANC) MP, who resigned in protest from Parliament at the ANC's refusal to allow an independent inquiry into a multi-million rand arms deal, also shares his frustration at being left on"standby" for many years to give evidence in the fraud and corruption trial of former President Jacob Zuma and Thales, the French arms company that allegedly bribed him. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/23/202326 minutes, 33 seconds
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Artificial Intelligence 101 - Stafford Masie’s user’s guide to our very different future

There have been so many warnings about Artificial intelligence including a call from 1000 tech leaders and researchers, and Elon Musk calling for a pause on AI and they point to the potential risk of AI to humanity. Governments are playing catch-up looking for what UK Prime Minister, Rishi Sunak has called ‘guard rails’ at the G7 summit in Hiroshima to limit the dangers of AI. In this interview with Linda van Tilburg, South African tech entrepreneur, Stafford Maisie described AI as a superpower and said that he was leaning more into the idea that you could do more with less. For Africa, he said it could either be a dystopian future or a massive opportunity. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/22/202333 minutes, 39 seconds
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Forex in SA - Ignorance is expensive, certainly not bliss

Arno von Helden is the driver of Standard Bank’s revolutionary in-house fintech called Shyft, a business that’s democratising the foreign exchange market for retail investors. In this interview with Alec Hogg of BizNews, Arno explains how Shyft clients can transact at a fraction of the fee charged traditionally - and shares the next moves for the innovative platform, including offering shares listed in Europe, the UK and South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/22/202322 minutes, 47 seconds
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SARS Whistleblower JvL: De Ruyter's 'naive' investigation; Pravin Gordhan; being mugged

Johann van Loggerenberg entered the public consciousness during the Gupta era of State Capture when fighting the defanging of an investigative unit he headed at SA Revenue Services. SARS's best-known whistleblower chronicled his story in the co-authored 2016 bestseller "Rogue: The Inside Story of SARS's Elite Crime Busting Unit". In this interview, Van Loggerenberg discusses parallels with former Eskom CEO turned whistleblower Andre de Ruyter's blockbuster new book; his experience of working for De Ruyter's ex-boss DPE Minister Pravin Gordhan - and reflects on being jumped and beaten over the weekend by "four angry people". Learn more about your ad choices. Visit megaphone.fm/adchoices
5/22/202322 minutes, 3 seconds
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Zimbabwe's gold mafia puts spotlight on Southern Africa’s organised crime problem – Piers Pigou ISS

A recent investigative report by Al Jazeera has brought to light a web of gold smugglers allegedly aiding the Zimbabwean government in evading sanctions. The exposé has implicated high-ranking individuals, including diplomats, the President's niece, and President Emmerson Mnangagwa himself. Piers Pigou, the Head of the Southern African programme at the Institute for Security Studies, told Biznews that this revelation sheds light on the Southern African region's struggles in dealing with organised crime. Pigou also questioned why South Africa and Mozambique are on the FATF grey list while Zimbabwe has been removed. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
5/19/202319 minutes, 54 seconds
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Treasury DG to Moti CEO: Dondo Mogajane on Moti Group's challenges, successes, new projects and more

Learn more about your ad choices. Visit megaphone.fm/adchoices
5/19/202329 minutes, 43 seconds
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Hipster Flies Help SA Biotech Company Take Flight

Maltento, a pioneering biotech company based in Cape Town, has successfully concluded a capital raise of £3.3 million (R63.78 million) from Sand River Venture Capital. The funding injection will enable Maltento to significantly scale up its business, which centers around farming black soldier flies for animal feed. Operating from their factory located in Epping, Cape Town, Maltento is currently shipping more than 15 tonnes of processed black soldier fly larvae to the United States every month. Dominic Malan, the Commercial Director and Co-founder of Maltento told Biznews that highlighting the gut health and hypoallergenic benefits of insect protein rather than focusing solely on the origin and the insects could shift the narrative and encourage the adoption of insect-based products among humans- Linda van Tilburg  Learn more about your ad choices. Visit megaphone.fm/adchoices
5/18/202313 minutes, 26 seconds
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SA's reading crises will create more unemployables - Nic Spaull

81% of Gr4 learners in South Africa could not read for meaning in any language in 2021 - and South Africa experienced the largest decline in reading outcomes (-31 points) of all 33 countries/regions with data in 2016 and 2021. Professor Nic Spaull of the Economics Department at Stellenbosch University shares these and other findings in the latest “Progress in International Reading Literacy Study”. He discusses the causes and the long-term implications with BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/18/202319 minutes, 4 seconds
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FORSA's Ellerbeck: ANC's proposed censorship law not about 'Hate Speech', but to criminalise 'Speech' elites 'Hate'

After years of a slow and tortuous process, the ANC's Hate Speech Bill is now within a few weeks of being promulgated. The Democratic Alliance has fought the proposal all the way because it says it is an attempt to criminalise dissent, rather than address something already well covered by existing laws. South Africans who agree with this the Official Opposition's view have until Monday 22nd May to officially object, an action strongly recommended by Daniela Ellerbeck, legal advisor at Freedom of Religion South Africa. In this interview with Alec Hogg of BizNews, Ellerbeck urges citizens to comment of they will end up with a law which is a dressed up Trojan Horse which will remove important freedoms most citizens currently take for granted. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/18/202322 minutes, 3 seconds
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"We have no reason to be against nuclear energy other than prejudice & stupidity" – Dr Patrick Moore.

In Part Two of the BizNews interview with Dr Patrick Moore, one of the co-founders of Greenpeace and the most prominent figures in the field of environmentalism, Moore makes a compelling case for nuclear energy. Moore shares why he was silenced on the topic of nuclear energy during his years at Greenpeace and provides excellent insight into both the misconceptions around the risks of nuclear energy and why nuclear energy is not inherently evil in any way. Moore argues that we should conserve the most precious fuels we have, which are fossil fuels, by replacing them with nuclear energy where feasible. A brilliant perspective on the world's current energy dilemma and the best way forward. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/17/202326 minutes, 56 seconds
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Ian Cameron: No justice without political connections

Action Society SA is being swamped with unsolved murder cases, including the killing of Pastor Liezel de Jager. The NPO’s Ian Cameron shares details of some of the worst cases of police incompetence their investigators are trying to deal with. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/17/202325 minutes, 53 seconds
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FFM podcast ep3: A Richemont bonanza while My History joins the tab

Into the third week of Fantasy Fund Manager, the interest is still growing as over 3500 users have joined the fun with a critical education driver behind the initiative. Corion Capital's Garreth Montano and Chris Clarke from Money Better joined BizNews' Stuart Lowman. The most brought-in stock for the week was Richemont, which also made it the most-owned share in the game. Gareth put this down to the weakening rand, which might have also played the antithetical part in Capitec being the most sold-off share. The developers have also worked hard with the My History tab launched in-app. This addition allows users to keep track of any weekly trades and performance. If you still want to play the game, register at www.fantasyfundmanager.co.za and compete in the weekly and monthly prizes—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/17/202313 minutes, 47 seconds
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Last Chance Saloon for Steinhoff shareholders - Liebscher says vote now against management or lose €1 500m

Steinhoff shareholders are staring down the barrel after the company's management is approaching the Dutch courts to force through a decision voted down at the annual general meeting. But all is not yet lost, says German Shareholder Association lawyer Dr Marc Liebscher, whose organisation is fighting for Steinhoff's small shareholders. He is urging them to once again vote against the management proposal - and says this will ensure they capture the R30bn (€1.5bn) that they own in the business, in his opinion the true net asset value of the company. The WHOA vote closes on May 24, and should the majority of shareholders go against the management's proposal, Liebscher says his organisation will give its Wall Street-commissioned research to help the Dutch judge rule in shareholders' favour. Liebscher also spoke to Alec Hogg of BizNews about former CEO Markus Jooste's no-show in the German Court a month ago. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/17/202327 minutes, 58 seconds
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FFM insight: Sharenet’s Dylan Bradfield - why TKG, BLU better bets than VDC, MTN

Sharenet portfolio manager Dylan Bradfield has taken a deep dive into the telecoms options in our inaugural Fantasy Fund Manager game and offers some canny advice. Bradfield, a value investor at heart, explains in some detail why the shares of Telkom and Blue Label have explosive upside potential - while rivals Vodacom and MTN are fragile. He spoke to Alec Hogg of BizNews Learn more about your ad choices. Visit megaphone.fm/adchoices
5/17/202320 minutes, 52 seconds
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Australia opens doors to 400,000 migrants, creating best opportunity in a decade – Sam Hopwood Sable International

The COVID-19 pandemic triggered a net outflow of overseas migration from Australia for the first time since World War II, resulting in a critical skills shortage and numerous unfilled vacancies. To address this, Australia welcomed 400,000 migrants in 2022 but found the need for even more people "to do the stuff that needs to get done." As a result, Australia is now offering another opportunity for 400,000 migrants, making it the best period in the past ten years to choose Australian migration, according to Sam Hopwood from Sable International. Hopwood told BizNews about the profession that are in high demand in Australia and how far less business and investment visas are available . Learn more about your ad choices. Visit megaphone.fm/adchoices
5/17/202318 minutes, 25 seconds
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Conservation in Africa: At the mercy of armed groups - Kurt Steiner

Kurt Steiner, the first head of Law Enforcement for African Parks, now an independent consultant, reveals how at least 24 armed groups have settled in conservation areas in Africa; how militias in one area alone are netting $ 70 million a year from the charcoal trade; and how over 1000 rangers have lost their lives trying to protect the Continent’s wildlife and its natural heritage. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/17/202320 minutes, 53 seconds
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I seek justice for my daughter - A father's plea from Henk van Zyl

One morning in October 2021, Pastor Liezel de Jager went for a jog. She returned to her home only to be murdered. Her killer left her body at the back door. He is still free. Seeking justice for his daughter is Henk van Zyl, a former police colonel, a former Commander of the Police Academy in Graaff Reinet, and a former United Nations (UN) Project Manager in Police Reform. The bereaved father speaks to BizNews about the police investigation that has been dragging on for 581 days. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/16/202324 minutes, 30 seconds
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“Lifeless” Cyril lacks petrol for second term - Sam Mkokeli

So, what do you call a President of a country who appears to have lost interest in his job and with every crisis that comes across his desk, he kicks the proverbial can down the road by appointing a retired judge to investigate. The term ‘dead man walking’ comes up often in news articles on President Cyril Ramaphpsa. One commentator went further by calling South African President, Cyril Ramaphosa a skeleton walking. Sam Mkokeli, a political researcher, and journalist told BizNews that the President, who is the country’s commander-in-chief, could not even give a simple answer to the question of whether South Africa would sell arms to Russia as a matter of principle. Mkokeli said the President appears 'lifeless" and overburdened by the sheer weight of his responsibilities and didn’t have it in him to last a second term. He also said it was not a done deal that Paul Mashatile would be Ramaphosa’s successor. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/16/202317 minutes, 13 seconds
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SA arms-to-Russia claims - more questions than answers with Prof Abel Esterhuyse

BizNews speaks to Professor Abel Esterhuyse from the Faculty of Military Science at Stellenbosch University. He calls President Cyril Ramaphosa’s handling of the issue “bizarre”, and says if SA did supply Russia with weapons in contravention of sanctions, there would be a paper trail. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/15/202323 minutes, 52 seconds
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Sean Peche on power of executive culture: Japan's corporate advantage, SA Govt's obvious deficiency

Leading global fund manager Sean Peche has a rational perspective on why the Rand has tanked in the past week - it lies primarily with the deficiency in the SA Government's executive culture, laid bare through the arms-to-Russia scandal. Peche explains that to use an investment analogy, the "share price" of a country is its currency; and "management" the political leadership. He contrasts the disastrous performance of South Africa's government (and hence the Rand) with the inherent potential of investing into Japanese corporates (and Tokyo-listed shares). He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/15/202323 minutes, 4 seconds
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Harry Oppenheimer's biography - Michael Cardo's world class book on a globally revelevant South African

In this interview we meet Michael Cardo, an MP for the Democratic Alliance, and a quite superb biographer. His first book was about the far-sighted politician Peter Brown, whose Liberal Party called for a universal franchise in Apartheid South Africa in the 1960s - and was banned for its trouble. This one, on Harry Oppenheimer, focuses on another inspirational South African whose in addition to being a global mogul also spent a decade on the green benches of the country's Parliament. Born into a mining dynasty, Harry Oppenheimer lived a full life - massively expanding the family business, breaking break with the world's rich and powerful, and for decades serving as the most effective counter to the Apartheid regime. Cardo's superb writing skills, access to Oppenheimer's private documents (including an unfinished memoir) and the six years he invested into the project combine to make this into a world-class production. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/15/202331 minutes, 45 seconds
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"Trust the science" = "Trust the psychopath" – Part 2 of the BNC#5 COVID panel discussion

In March, at the fifth BizNews Conference, a COVID panel discussion was held between consultant cardiologist and public health advocate Dr Aseem Malhotra, world-renowned sports scientist Professor Tim Noakes and PANDA (Pandemics ~ Data & Analysis) Chairman and co-founder Nick Hudson. The discussion that followed explored science and its desecration, media censorship and persecution of those who have dared to stand for solid science instead of bowing down to the narrative propagated by mainstream media and how this is in sharp contrast to the majority of professionals either freely volunteering or nefariously coerced into spreading the notorious COVID tagline, "Trust the science". In Part 2 of the COVID panel discussion, Malhotra, Noakes, and Hudson continued to discuss the atrocities and deviations from rationale and science as the objective knowledge system it entailed not so long ago. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/15/202332 minutes, 23 seconds
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Dawie Roodt on SA arms-to-Russia impact - Higher interest rates, inflation, no GDP growth

The recent dispute between the South Africa and the United States over claims from the U.S. Ambassador to South Africa that South Africa had supplied weapons and ammunition to Russia would have a negative impact on South Africa’s economy. That’s according to Sufficient Group Economist Dawie Roodt who anticipated some recovery in the Rand’s value, but he told Biznews that the currency would remain weak, resulting in inflationary pressure. Roodt told Biznews that a fifty base point hike in interest rates in response to the situation is likely and that he expects that the South African economy is not going to grow this year. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/12/202314 minutes, 37 seconds
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SA a failing state on the cusp, stirring analysis from Dr Edward Mienie

BizNews speaks to Dr Edward Mienie, the Executive Director and Professor of Strategic & Security Studies and External Relations at the University of North Georgia in Atlanta about South Africa’s rapid slide towards a Failed State. He warns that drastic measures are needed to ensure effective governance because a Failed State could descend into a Collapsed State which would leave every man fending for himself. The former diplomat - for both the NP and ANC governments - remains hopeful, however, that it is not too late to turn the ship around. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/12/202323 minutes, 46 seconds
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Solve air link issue to unlock Africa tourism potential – Richard Quest CNNå

CNN editor-at-large Richard Quest is back in South Africa where he chaired sessions at the 2023 African Indaba in Durban and ended up befriending Tourism Minister Patricia de Lille. During a visit to Cape Town in February this year he told Alec Hogg that his big takeaway was the “unimaginable” power outages. In this interview with Linda van Tilburg the CNN anchor said that until Africa gets to grips with its air links issue, it will continue to “hobble with one hand behind its back, a patch on one eye and a shot in one foot. Quest also commented on South African Airways and on demands from some South Africans that the Cullinan diamonds that were prominent in King Charles III’s sceptre and Queen Camilla’s crown during the King’s coronation should be given back. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/12/202319 minutes, 26 seconds
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RW Johnson on SA arms to Russia: Pretoria's torpedo for motor industry, AGOA, ARV supplies - for starters

South Africa's foremost political scientist RW Johnson provides context on the US's accusation that South Africa has been supplying arms to Russia. It's reminiscent of PW Botha's "Rubicon" blunder in August 1985, which sparked massive disinvestment, demand for immediate repayment of foreign debt, an economic collapse and rocketing interest rates. Johnson says Pretoria's actions threaten hundreds of thousands of South African jobs - and lives. Most apparent are SA motor manufacturers whose lifeblood is selling into the USA and Europe. Equally at risk is the country's membership of AGOA which gives SA exporters duty-free access to the US market "as a favour" because, strictly speaking, SA shouldn't qualify. Johnson also points out that millions of South Africans living with HIV/Aids receive antiretrovirals purely through the generosity of US donors - another critical source of goodwill threatened by Pretoria's actions. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/12/202327 minutes, 17 seconds
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Plenty of jobs on the Isle of Man for South Africans – John Dunn Sable International

Official figures of South Africans living in the United Kingdom are that there were 298,000 in 2020/21, but for expats living in the south or near London, it appears to be many more. You can hardly 'skinder in Afrikaans' on the street or on the London Underground without somebody understanding you. John Dunn, Citizenship and Immigration specialist at Sable International says the UK has historically been a destination of choice for a lot of South Africans and it still is. Dunn told BizNews about the range of visas South Africans can apply for and said that there were job opportunities for skilled and unskilled workers on the Isle of Man, a UK Crown Dependency that wants to grow the island's population from 85,000 to 100,000 by 2035. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
5/12/202315 minutes, 50 seconds
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FFM podcast ep2: All zero on Karoooo as Shoprite, Capitec get dropped, plus a CPD explainer

Into the second week of Fantasy Fund Manager and over 3200 have joined the fun. The game is built with education at its core to grow the South African investor base. Corion Capital's Garreth Montano and Richard Bray from Terebinth joined BizNews' Stuart Lowman. And as the data starts to stream in around picks and trades, the focus was on which shares were most traded in, most owned and the converse for the week. Richard was also the driving force behind the introduction of CPD points, so we shine a brighter light on that side of the game. And if you still want to play the game, register at www.fantasyfundmanager.co.za and compete in the weekly and monthly prizes—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/11/202316 minutes, 12 seconds
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Explainer: Section 12B solar investment webinar

Webinar hosted by BizNews focused on unpacking current trends, opportunities, and challenges within the booming solar market as well as key information about Jaltech’s Section 12B Solar Tax Deductible investment. Patrick Bennett, the CEO of Magneto Renewable Energy, and Jaltech's Jonty Sacks joined the panel. If you are looking to invest, visit https://www.biznews.com/jaltech-fund-.... Learn more about your ad choices. Visit megaphone.fm/adchoices
5/11/20231 hour, 3 minutes, 6 seconds
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View from London: OMBA's Perchtold on investing in Japan, SA, banks, AI and "Sell in May..."

Mark Perchtold is one of the South Africans establishing a considerable reputation in the world's financial centre. In this interview, the London-based founding director of OMBA shares his perspective on the boom in valuations of artificial intelligence-related stocks and the investment appeal of banks and shares in Japanese and South African companies. He also offers some thoughts on other emerging investment opportunities that excite him. Perchtold spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/11/202323 minutes, 35 seconds
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Meet SA’s newest superstar Kirsten Neuschafer, world sailing’s sensation

South African sailor, Kirsten Neuschäfer emerged victorious in the prestigious Golden Globe round-the-world race, renowned as the sailing world’s ultimate test of endurance. Notably, this extraordinary race forbids the use of modern technology for navigation, demanding participants to rely solely on paper charts and sextants. In an impressive display of skill and determination, Neuschäfer not only clinched the coveted victory, but she also crossed the finish line a full day ahead of her closest rival and undertook a rescue mission to save fellow competitor Tapio Lehtinen when his boat sank. Pretoria-born Neuschäfer’s talents extends beyond her sailing prowess. Previously she traversed Africa on a bicycle and she devoted her leasure time on the vessel learning the Xhosa language and reading books by Dalene Mathee and Dostoevsky. Hailing from Pretoria, Neuschäfer fittingly embodies the qualities of an “Outlier” as described in Malcolm Gladwell’s insightful book. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
5/10/202324 minutes, 48 seconds
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Putin, Ukraine, Wokeness, and Boris Johnson: A delightfully disruptive analysis by SLR

Simon Lincoln Reader, a popular columnist for BizNews, is one of those individuals that people either love or hate. Finding someone whose feelings about Reader fall between these extremes is as unlikely as Reader developing a filter. At the fifth BizNews Conference in March, the London-based technology investor returned to South Africa to sit down with BizNews founder Alec Hogg for a frank fireside chat. Any first-time conference delegates who, on the eve of Day 1 of keynote presentations, were under the impression that they were attending a mild-mannered event found out that this was profoundly untrue during the first five minutes of Reader's appearance on stage. It's just as well, considering the brilliant but loaded BNC#5 presentations that followed his delightfully disruptive perspectives. The host of topics explored, ranging from wokeness to the Russia-Ukraine war, and, in particular, Reader's unique delivery of his opinions, was, if anything, a fantastic testament to the South African sense of humour – and the apparent failure to rob a true Saffa thereof. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/10/202348 minutes, 15 seconds
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Cape Town's plan to become the most business-friendly city in Africa - Mayor Geordin Hill-Lewis

South Africa has been slipping on rankings of the world 'Ease of Doing Business rankings' occupying 84th place out of 190 economies according to a 2022 World Bank report. This report has since been replaced by a new "Business Ready" ranking and the city that plans to stand out and become the easiest place to do business in Africa, is Cape Town. Cape Town Mayor Geordin Hill-Lewis has launched an ease of doing business index that will track ten critical indicators for ease of doing business. Hill-Lewis told BizNews the index will have a special focus on enabling greater infrastructure investment. He also said that he is still confident that Cape Town will be the first city in South Africa that stop the first four stages of load-shedding Learn more about your ad choices. Visit megaphone.fm/adchoices
5/9/202311 minutes, 51 seconds
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Meet PA co-founder Charles Cilliers - be prepared to change your perceptions

The Patriotic Alliance is synonymous with its charismatic president Gayton MacKenzie, a larger than life man’s man who possesses no diplomacy filters and takes no prisoners. Critics of the fast growing political party write it off as a one-man show. But as you’ll discover in this interview with PA co-founder Charles Cilliers, that superficial judgement is done at your peril. Cilliers, a journalist and prolific book author who wrote MacKenzie’s life story in 2007, is urbane, mature and articulate. Apart from disputing much of the narrative surrounding last week’s drama in the Joburg Metro, he offers insights into reasons for the party’s stance - based, he says, on fierce independence. This interview is certain to change perceptions. Cilliers spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/9/202331 minutes, 12 seconds
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How to make money with no money - the secrets of wealth creation with Daniel Strauss

What are the secrets of wealth creation? These are some of the questions BizNews put to Daniel Strauss, the best-selling author of “The Billionaire Mindset” and “The Billionaire Career”. He shares his trick for making a successful pitch to an investor; describes the characteristics of a successful entrepreneur; and reveals how he used business strategy to help his then girlfriend, now wife, Roelien Strauss, win the Miss World title. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/9/202320 minutes, 35 seconds
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WSM nails SA's crime: Natural result of criminal justice system plagued by incompetence, no consequences

SA's longest-serving political columnist, William Saunderson-Meyer, expands on his recent op-ed where he argued that Eskom-related power cuts are a sideshow compared with his homeland's ever-escalating crime rate. The reason for surging malfeasance, he believes, is obvious: the criminal justice system - from policing to the courts through to prisons - is an ocean of incompetence with zero consequences. Fixing it will be a long-term project, and a lot more difficult than simply replicating the Western Cape LEAP system (as Gauteng has been discovering of late....). WSM spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/9/202323 minutes, 9 seconds
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Easy Equities' Charles Savage on R150m capital raise; Cy Jacobs; the Philippines; and more.

Purple Capital, the JSE listed 70% owner of East Equities, reported a R50m bottom line reverse in the half year to end February - and also dropped the surprise of a R150m capital raising exercise. However, the news was absorbed well enough by an already cautious investment market - the shares are down by half in the past year - offset perhaps by the excitement of the group's venture into the Philippines. CEO Charles Savage shares the latest on SA's exponentially growing company (830k active clients, +24%) with Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/9/202320 minutes, 43 seconds
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Terror on SA soil - A trifecta of an issue with Hussein Solomon

Muslim academic Professor Hussein Solomon reveals the extent of terrorist financing, training, and activity on South African soil. He describes the relationship between the extortion of big businesses, kidnappings, and terror financing. He states that the Government does not have the ability, the capacity, or the political will to deal with the growing threat. And he warns that the country is not immune to a big terror attack. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/8/202322 minutes, 49 seconds
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Helen Zille on Joburg chaos: Gayton "played" DA's Moonshot partners, always defaults to supporting ANC

Chair of the Democratic Alliance's federal executive, Helen Zille, has been publicly blamed for torpedoing an anti-ANC alliance's opportunity on Friday to take back governance of SA's richest metro. But just like at the BizNews Conference in March, Zille answers her critics with a powerful comeback - arguing that this was the third time Gayton MacKenzie's 'kingmaking' Patriotic Alliance let down Moonshot Pact partners. Zille points to the MacKenzie party's support of the ANC in Friday's crucial vote as evidence that her fellow opposition partners were once again "played". Nevertheless, she reckons the Moonshot Pact is alive and well - and its existence will prevent a similar disappointment in SA's watershed 2024 National Election. Zille spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/8/202326 minutes, 25 seconds
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Meet Dr Patrick Moore: a true environmentalist, climate change realist, and co-founder of Greenpeace who walked away after its hijacking by the political left

Dr Patrick Moore, the co-founder of Greenpeace, shares how he came to join the fledgling group that founded Greenpeace, the bold endeavours and significant victories obtained by the young organisation during its early years, and the details behind his decision to walk away from the organisation after 15 years of devoted involvement. Moore's comprehensive understanding of the geologic time scale – the "calendar" for events in Earth's history – is extraordinary, allowing him to contextualise climate change, CO2 concentrations in the atmosphere and extreme weather events, among others, in a way that is brilliant yet simple enough for the layman to understand. A true environmentalist, Moore is a rare example of someone who placed his principles above all else. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/8/202350 minutes, 9 seconds
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Coalition talks collapse in Johannesburg as Action SA blames DA for shattering Moonshot Pact – Herman Mashaba

After intense behind-the-scenes negotiations to find an agreement between coalition parties in the Johannesburg metro on the following executive mayor for Johannesburg, talks have collapsed, leaving the door open for the ANC/EFF, who have patched up their differences to take control of the council. Action SA issued a statement on Twitter stating that all former coalition members, ActionSA, the IFP Plus, ACDP, UIM, and the Patriotic Alliance, confirmed their willingness to support Funzi Ngobeni from Action SA for Mayor, but the Democratic Alliance refused. An incensed Action SA President Herman Mashaba told BizNews that the coalition group initially offered the DA the mayorship of Johannesburg but tanked the possibility of an agreement by insisting that the PA withdraws all support for the ANC in all the municipalities throughout the country. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
5/5/202314 minutes, 45 seconds
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Joburg's collapse of anti-ANC Moonshot Pact - "dit loop kak", but insider Cronje provides context, offers hope

A month after DA leader John Steenhuisen proclaimed a Moonshot Pact to sweep the ANC from power next year, the coalition has collapsed at a relatively low first hurdle. Although they had the numbers to eject the ANC alliance from power in the Johannesburg Metro, opposition politicians could not agree on some key issues. Steenhuisen is "unavailable," but an official DA statement's reference to "former" coalition partners speaks volumes. Political scientist Dr Frans Cronje, who has been closely involved in the negotiation process, admits things "loop kak" - i.e. discussions are going very badly. But the head of the Social Research Foundation says the turbulence is not unexpected when seen in perspective. He says not all participants appreciate the "epochal change" occurring in SA politics. So mindsets will require time before adjusting to a very different future, which contrasts starkly with an effective one-party state for virtually all of South Africa's past four centuries. Cronje spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/5/202323 minutes, 2 seconds
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Stellenbosch aerospace co is blazing a satellite trail for SA in space - Dragonfly Aerospace CEO Bryan Dean

South Africa is known for exporting raw minerals, fruit and wine, but what is probably not that well-known is that it has a thriving space industry that supplies satellite components and services globally. South African space products are incorporated into a multitude of international satellites. Exports generated by the country’s space industry amounted to around R200 million in 2022. Stellenbosch space technology solutions provider, Dragonfly Aerospace is building on that history and has provided ‘eyes in the sky’ for several missions in space. CEO and Founder of Dragonfly Aerospace, Bryan Dean told BizNews that the company’s technology has been built on the technology that has been developed in Stellenbosch since the 90s. Dragonfly Aerospace has a camera that has been flown to an asteroid and in January 2023 they launched the first of a seven-satellite constellation in low earth, called the EOS SAT-1 from Cape Canaveral on a Space X rocket to monitor agriculture.  Learn more about your ad choices. Visit megaphone.fm/adchoices
5/5/202320 minutes, 3 seconds
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SA's third big Jackpot: First Diamonds, then Gold, now it's Oil from West Coast, Karoo - Lorimer

The DA's James Lorimer believes South Africa is on the cusp of hitting a natural resources jackpot transformative as the discovery of diamonds in 1867 and the Witwatersrand gold basin twenty years later. In this uplifting interview, the Shadow Minister of Minerals and Energy explains how the offshore Orange Basin, which extends from southern Namibia to beyond Cape Town, has 10x the oil and gas potential of Total's vaunted gas discovery off the southern Cape. Lorimer adds that after a tortuous process, revised legislation before Parliament will, finally, be aligned with global norms and thus acceptable to multinational oil majors. He reckons that given the prospective nature of the geography and this year's rich strikes in Namibia, once the legislation is passed, the oil majors are likely to invest heavily in exploration. With each well costing around R500m and the nation pocketing roughly 60% of all revenue generated from oil and gas produced, Lorimer advocates making it possible to adopt an approach of "drill, baby, drill" by Shell, Total and their peers - not just off SA's West Coast but also to exploit the Karoo's shale gas potential. Lorimer shared the excellent news with Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/4/202322 minutes, 15 seconds
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SA Treasury's shock Exchange Control tightening - Magnus Heystek on why, and how citizens will react

SA Treasury has reacted to the flood of private capital legally leaving the country with a sneaky regulation change announced immediately before the May long weekend. Restrictive new compliance criteria for financial emigration and the R10m per taxpayer that can be invested offshore annually takes these options off the table. In future, South Africans wanting to invest offshore will essentially be restricted to the R1m a year no-questions-asked allowance. In this interview, Brenthurst Wealth founder Magnus Heystek explains how he picked up the shock changes and how, among other consequences, this is likely to accelerate the exporting of well-educated young South Africans - sent abroad on the urging of their families before they become registered taxpayers. He spoke to Alec Hogg of Biznews. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/4/202322 minutes, 4 seconds
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Everybody has a price in South Africa’s booming kidnapping-for-ransom market

Herman Bosman, the Kidnapping and Crisis Incident Manager at TSU International, spoke to BizNews about the steep increase in kidnappings, particularly of high-net-worth individuals. This has already led to companies abruptly closing their doors and leaving the country. In this interview, Bosman warns that the damaging effect on the economy is being underestimated and calls for drastic measures to stop the situation from getting completely out of control. Meanwhile, he shared some tips people can use to better prevent themselves from becoming kidnap victims. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/3/202322 minutes, 34 seconds
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A coalition of the ‘good people’ will prevail in Johannesburg City Council – Freedom Front Plus Chief Whipp Corné Mulder

There has been a flurry of negotiation behind the scenes to get opposition parties to agree on who should be the next Mayor of Johannesburg and keep the ANC/EFF’s candidate out. This follows after ActionSA leader Herman Mashaba accused the Democratic Alliance of not being serious about removing the ANC and EFF. Freedom Front Plus Member of Parliament and Chief Whip of the party, Corné Mulder, told BizNews that he had discussions with other political parties and was confident that ‘good people’ would succeed on Friday when the council reconvened and that either Mpho Phalatse of the DA or Funzi Ngobeni from ActionSA would become Johannesburg’s new mayor. He also told BizNews that the FF+ is not interested in coalitions with the ANC as he believed they had nothing to contribute. The ANC brought its A-team at the time of Nelson Mandela, Mulder said, but they left and “we are now busy with the G or H-team.” Learn more about your ad choices. Visit megaphone.fm/adchoices
5/3/202318 minutes, 12 seconds
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Corion's David Bacher on "no news is good news" April - and runs a line through Alec Hogg's FFM picks

An unusually quiet April provided welcome relief to investors after the turbulence of recent months, and Corion's David Bacher explains why the long-neglected property sector shot to the top of the JSE's leaderboard. In this monthly recap, the author of the Corion report also looks at Alec Hogg's selections in the Fantasy Fund Manager competition, explaining why he avoided some of those the BizNews editor likes - and offers (better performing) alternatives. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/3/202321 minutes, 45 seconds
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FFM podcast ep1: Ultimate starter's guide, and beating those ex-dividend blues

Fantasy Fund Manager kicked off this week with over 2800 users battling it out for the inaugural investor's crown. It's a game built with education at its core to grow the South African investor base. Corion Capital's David Bacher and Garreth Montano, the brains behind the idea, joined BizNews' Stuart Lowman in the first episode of the Fantasy Fund Manager podcast. A weekly podcast aimed at keeping all players informed with some much-needed tips and tricks from industry experts and the players themselves. If you still want to join the fun, register at www.fantasyfundmanager.co.za and compete in the weekly and monthly prizes—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Subscribe to the podcast so you don't miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/3/202315 minutes, 4 seconds
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Cancer, Alzheimer’s, ageing: Dr Valter Longo on his pioneered fasting-mimicking diet and its infinite potential

Humans have attempted to understand ageing and reverse its effects for thousands of years. In modern times, the study of ageing and attempts to reverse its effects have become more scientific and rigorous. The field of gerontology, which focuses on the study of ageing, emerged in the early 20th century, and scientists have made significant progress in understanding the biological mechanisms underlying ageing. Dr Valter Longo, Professor of Gerontology and Biological Sciences at the University of Southern California and the director of the USC Longevity Institute, understands this all too well. In an interview with Dr Longo, he explains how he came to develop his fasting-mimicking diet, the material differences between this and other versions of fasting, and how the fasting-mimicking diet has had success or is showing promise in the treatment of cancer, diabetes and Alzheimer's. The possibilities are seemingly infinite. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/2/202335 minutes, 43 seconds
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South Africa is playing with fire and putting relations with Western nations at risk – Centre for Risk Analysis Chris Hattingh

National Security Adviser in the Presidency, Sydney Mufamadi headed a South African delegation in Washington last week to lobby the U.S. Congress and Biden Administration amid concerns that South Africa’s drift into the Russia-China camp could jeopardise its relationship with the US and other Western trading partners. The Head of Policy Analysis Chris Hattingh told BizNews that South Africa was playing with fire and says buzzwords like non-alignment and neutrality might not be enough for Western nations to continue giving South Africa access to their markets through agreements like the Africa Growth and Opportunity Act (AGOA). Learn more about your ad choices. Visit megaphone.fm/adchoices
5/2/202315 minutes, 7 seconds
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Herman Mashaba - Opposition pact's 'Elephant in the Room' exposed in Joburg Mayoral Drama

Action SA leader Herman Mashaba exposes the Elephant in the Rainbow Alliance room for all to see - and urges that unless the anti-ANC alliance gets past this, the DA’s proposed Moonshot Pact is a dead duck. Mashaba shares the events leading up to the contentious vote for a new Mayor of Johannesburg, explaining how the obvious lessons must be absorbed by opposition parties if they are to have any hope of governing South Africa in a successful coalition after the 2024 National Election. Learn more about your ad choices. Visit megaphone.fm/adchoices
5/2/202323 minutes, 24 seconds
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Zuma Jnr enters 2024 election as an independent - Duduzane predicts “cataclysmic shift” for SA

The famous, highly articulate son of former SA President Jacob Zuma has decided to fight the country’s potentially watershed 2024 National election outside the ANC because he “wants to be part of the solution”. Duduzane Zuma warns those in power will be held accountable for “dropping the ball”. In this cracking interview with Chris Steyn of BizNews, he calls for less politicking, less political rhetoric - and more action. He lists SA’s three significant threats as racism, tribalism and xenophobia - and will stand on a tolerance and inclusivity platform. Zuma Jnr says he lives for “safety, security, peace and prosperity” and wants people to work together so that SA can attract the foreign investment needed to create job opportunities.  Learn more about your ad choices. Visit megaphone.fm/adchoices
5/1/202320 minutes, 10 seconds
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Elon Musk won't pay bribes to ANC cronies - so SA to miss out on Starlink's cheap, fast internet broadband from space

Elon Musk's Starlink, the high-speed, low-cost internet access offering from space, won't be coming to South Africa. The reason, says tenacious SA opposition politician Dianne Kohler-Barnard, is the ANC demands that to be licenced, Starlink must first give 30% of the local company to politically connected cronies under the guise of Black Economic Empowerment. That's a demand that Musk, who was born and raised in Pretoria and still has family in the country, refuses to countenance. This was admitted by the ANC in Parliament, prompted by Kohler-Barnard, the DA's Shadow Minister of Communications. So while the rest of Africa stands to leapfrog into the digital age through Starlink's cheap, fast, universally accessible bandwidth from space, ANC policy will stop South Africa from participating. Kohler-Barnard spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/26/202320 minutes, 58 seconds
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Andre Crawford-Brunt: From global banker to taking 7m tourist targets on daily SA game-drives

Every month virtual game drive broadcaster WildEarth takes seven million viewers on safari in the South African bush - entertaining and de-stressing them while simultaneously planting seeds for future tourists. In this interview, UK-based Saffer and co-owner Andre Crawford-Brunt shares his journey from global banker to co-owner of an international media company that exposes the excitement of Big Five spotting. The trader turned entrepreneur, who partners Magda Wierzycka in the very successful private equity fund OSE/Braavos, has big plans for WildEarth, which already hosts millions of people at its live-streamed sunrise and sunset game drives. He spoke to Alec Hogg of BizNews.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/26/202323 minutes, 31 seconds
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BNC#5 - Stafford Masie Q&A: Booming AI, BTC, quantum-computing, Starlink and SA’s untapped potential

Tech entrepreneur and former Google Executive Stafford Masie answers questions on the rapid rise of cryptocurrency, the integration of Artificial Intelligence in business and the growing concern surrounding South Africa’s economic future. Masie highlights the overlooked value of Bitcoin as both an asset and an international currency, emphasizes the threat of economic irrelevancy for South Africa if they fail to catch up to their technologically pioneering peers such as Rwanda and Nigeria, and discusses the nuances surrounding the inevitable integration of AI into commerce. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/25/202334 minutes, 48 seconds
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The South African who loves to tackle for the Chicago Bears – Dieter Eiselen

Dieter Eiselen was born in Pretoria and attended school in Stellenbosch at the Paul Roos Gymnasium and he has just been signed for a fourth season of the Chicago Bears, a professional American football team. Even though he loves rugby and would love to see his former class mate, Herschel Jantjies back in the Bok team, Eiselen swapped rugby for weight-lifting at school and only started playing American football when he arrived in the US. Eiselen told BizNews how he came to love American football, about his selfless role in the offensive line of the Bears, how he loved to tackle and his 100% chance of picking up injuries in gridiron. Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
4/25/202318 minutes, 12 seconds
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BNC#5: Advice from the investing panel - be sensible and place your bets wisely

In this insightful BNC#5 investment panel discussion 36One’s Cy Jacobs, Ranmore Fund's Sean Peche, and Merchant West’s Piet Viljoen offer their insights as they weigh in on pressing investing questions covering growth vs. value, the problems with technology and the volatile future of the stock market. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/24/202329 minutes, 12 seconds
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BNC#5 - Cy Jacobs Q&A: Our stock market is not a reflection of SA - massive opportunity out there

In this BNC#5 Q&A, Cy Jacobs highlights the massive opportunity in the renewable energy sector and the trillions of dollars that will be spent globally. Jacobs discusses the involvement of various companies in the industry, cautioning against the slow turnaround time for fixing coal-fired power stations and the challenges facing manufacturing businesses in adopting renewable energy. The discussion also touches on the impact of loadshedding on the market and the potential for investment in Transnet assets. Despite the challenges, there is hope for increased investment in renewables across various sectors of the economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/21/202324 minutes, 55 seconds
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BNC#5: Cy Jacobs - Better to protect capital on the 10 worst days than miss the 10 best days

In this BNC#5 presentation, Cy Jacobs focuses on hedge fund investment strategies, highlighting forensic research into businesses that are believed to be unsustainable. Jacobs discusses the ability to assess the current environment and choose between value, growth, or quality investments. Highlighting the importance of protecting capital during down markets and the benefits of shorting assets. Jacobs also delves into current market challenges, such as geopolitical tensions, COVID, zero carbon emissions, and political issues, but highlights the opportunities that exist, particularly in renewable energy investments. Jacobs concludes with a discussion on the importance of finding opportunities within a crisis. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/21/202318 minutes, 56 seconds
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Lessons from Finland: The world's happiest country – Senior Director Visit Finland, Kristiina Hietasaari

Finland has topped the list of the world's happiest countries for the past six years. That is according to the World Happiness Report. This always surprises countries like South Africa, where we consider plenty of sunshine and our friendly people to be the key ingredients of happiness. In contrast, Finland has long dark winters. In Lapland, daylight is restricted to a few hours in winter, and temperatures can drop to -50C. So, apart from their love of the outdoors, which we share - what is their secret ingredient for happiness? Kristiina Hietsaari, Senior Director at Visit Finland told BizNews why the Finns are so content, how happiness is becoming an export product, and why they don't mind paying tax. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
4/21/202313 minutes, 35 seconds
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Dr Richard Lindzen exposes the climate change movement as a fabricated, politicised power play motivated by malice and profit.

Veteran climate expert Dr Richard Lindzen made a name for himself before the term "climate scientist" had even been invented. In an interview with the pioneering atmospheric physicist and former emeritus professor of meteorology at MIT, he recounted how, between 1989 and 1996, funding for climate science in the US increased by a factor of 15, giving birth to the field of climate science and its absurdly stretched list of climate impacts. Having begun his research on climate change in the mid-70s motivated by a sincere interest in understanding the Earth's climate regimes, Lindzen's assessment of the various elements paraded as scientific evidence of an impending climate catastrophe is remarkably sensible, revealing the complicity of the media and politicians in forcing the disastrous climate change narrative upon an unsuspecting and trusting public from the very beginning. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/21/202336 minutes, 27 seconds
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New political party, RISE Mzansi Songezo Zibi wants to rebuild a non-racial democracy in South Africa

Songezo Zibi is a former newspaper editor and political commentator who was the chairperson of the Rivonia Circle, a platform that drew inspiration and courage from the Rivonia Trialists. He will need courage in the robust and sometimes even violent political world he is entering. Zibi comes from a tiny rural village called Mqanduli in the Eastern Cape that he calls one of the unseen communities of the country, where people have never had piped water or flush toilets and who live in fear of crime in the dark. He told BizNews that RISE Mzansi would soon register as a political party but that it wants to be more than that. South Africa's newest political leader envisages a non-racial movement, and the RISE Mzansi's national leadership Collective will soon embark on a series of town hall meetings nationwide to shape a People's Manifesto. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/20/202319 minutes, 19 seconds
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BNC #5 Piet Viljoen part 2 - “Assets will fly in this country if Rainbow coalition assumes power in 2024

In the follow-up to his BNC#5 presentation Piet Viljoen delves into what he thinks will happen in 2024 if either an ANC/EFF coalition or the Rainbow coalition assumes power and what it could mean for investment performance. He also offers his thoughts on Bitcoin and its place in today’s turbulent society. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/19/202317 minutes, 17 seconds
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BNC#5 - Piet Viljoen: You are not Chuck Norris, take advantage of valuations and don’t put all your money in SA

In this BNC#5 presentation, portfolio manager, Piet Viljoen, delves into his portfolio of undervalued securities and warns that each security is like a brittle twig that can easily break. He clarifies that the job is not to pick individual stocks, but to manage the portfolio using a sensible investment process. Viljoen also expands on low-risk investment opportunities in South Africa that have generated strong returns in recent years, emphasising the importance of considering valuations when investing in Africa. Viljoen notes that while South Africa may be perceived as a tough place to invest, valuation is the only reason to invest in the country, he encourages investors to take advantage of valuations but to also be mindful of the risks associated with investing in South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/18/202323 minutes, 57 seconds
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South Africa could lose privileged access to US markets – Foreign Policy Analyst Peter Fabricius

Pressure is growing from the West on the South African government, because of its close relationship with Russia. President Cyril Ramaphosa is said to be sending an envoy to the US to discuss its relationship with Russia. Foreign Policy Analyst Peter Fabricius told BizNews that the South African government is concerned about losing the benefits of its inclusion in the African Growth and Opportunity Act (AGOA). AGOA allows Sub-Saharan countries to export products to the United States without tariffs. South Africa contributes the majority of AGOA exports at 56%. Fabricius says South Africa and the Russian leader are likely to wriggle out of the sticky situation of being forced to arrest Putin if he sets foot on South African soil for the BRICS summit. The International Criminal Court has issued an arrest warrant for the Russian President for war crimes in Ukraine. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/17/202319 minutes, 1 second
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Play the share market, win prizes, with SA's hottest new game - Fantasy Fund Manager

Always wanted to play the share market but never known how to? Fantasy Fund Manager a new game which borrows from its wildly popular Sports equivalents, is a fun and free introduction to investing in equities - and easy as pie to participate. In this interview Corion's Garreth Montano tells Alec Hogg of BizNews what the game is about, where the idea came from, how it works and the prizes on offer. Sign up now, challenge your pals and have fun while you get to learn about the share market, the greatest game on earth. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/17/202321 minutes, 43 seconds
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BNC#5 – Essential Stafford Masie: is SA getting left behind? The future of ChatGPT, BTC, and AGI

Stafford Masie, technology entrepreneur, former Google Africa Chief and advocate for emerging technologies, discusses the rapid growth of ChatGPT and its potential to transform businesses and society, stressing the implications of AI and the necessity for businesses to be focused on these areas for future planning. Masie also shares his concern for South Africa’s lack of focus on artificial intelligence compared to other countries, which could lead to irrelevance in the tech industry. Finally advocating for Bitcoin as an undervalued asset class, which he believes will predictably grow over the next 20-30 years, comparing it to gold. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/14/202336 minutes, 56 seconds
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Cows are coming home for Makhoba Farms and unemployed KZN youth – Nyosi Empowerment CEO Evan Jones

One of the success stories of land that was transferred back to the community is Makhoba Farms, a 10,000-hectare farm at the foothills of the Maluti Mountains. Makhoba Farms, assisted by Nestlé, is currently producing four and a half million litres of milk for the country every year. To equip the young people in the area with agricultural skills, Nyosi Empowerment has been offering training to 100 youths every year. The training spans agripreneurship tasks including alien clearing, feed production, vegetable production, fencing, security, construction, ICT, and first aid. Nyosi CEO Evan Jones told BizNews that 400 Youth Employment Services (YES) interns have so far successfully graduated from the course. Jones said 24% of the interns in 2022 were employed by Makhoba farms and the majority of the remaining graduates found jobs elsewhere due to their enhanced skills training and experience. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/14/202315 minutes, 11 seconds
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BNC#5 COVID panel discussion with Dr Aseem Malhotra, Professor Tim Noakes and PANDA’s Nick Hudson

At the fifth BizNews Conference in March, BizNews founder Alec Hoff facilitated a COVID panel discussion between consultant cardiologist and public health advocate Dr Aseem Malhotra, world-renowned sports scientist Professor Tim Noakes and PANDA (Pandemics ~ Data & Analysis) Chairman and co-founder Nick Hudson. Neither of these prolific individuals is a stranger to the near-aggressive condemnation they've been subjected to for standing up and fighting against the establishment and the frightening list of false narratives it has deployed at the expense of human health. In Part 1 of their panel discussion on COVID, and the pervading censorship, cancellation, and propaganda ushered in during the COVID era, they relay their respective backgrounds and how these armed them to bravely go head to head with governments and corrupt institutions in the unprecedented and distorted reality imposed upon the public during COVID. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/13/202349 minutes, 28 seconds
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Message of hope as 10-party coalition governing SA's #5 Metro beating the odds, delivering turnaround

Nelson Mandela Bay's 10-party coalition is now seven months old and, according to executive mayor Retief Odendaal, has already notched up some remarkable wins. Apart from keeping all partners onside in reputably the largest governing coalition on earth; focused maintenance and fast-tracking of existing projects has removed the very real threat of the city's taps running dry. Although the Democratic Alliance, with 48 seats, dwarves the next most prominent coalition member's three seats, Odendaal says a partnership approach was adopted from the get-go and is reaping dividends. This is a template which may be applied to address instability elsewhere, especially Gauteng, where smaller members of coalitions complain about not being adequately respected. Odendaal spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/13/202324 minutes, 24 seconds
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Prof Filatova’s icy Siberian shower on Opposition hopes that 2024 will end ANC rule

SA/Russia expert Prof Irina Filatova sees many parallels in the way people in the two countries are disconnected from economic reality by outdated ideology. The Russian-born and educated historian, academic and author says this fact, along with possible support from Moscow, will ensure the ANC retains political power after SA’s 2024 National Election. In her sobering interview with Alec Hogg of BizNews, she also throws a proverbial bucket of icy Siberian water on hopes for Western Cape independence, warning that Pretoria’s support of the supposed multi-polar world is a fantasy - the future is unipolar and SA is taking a huge economic risk by aligning with China against the West. Brilliant analysis of the dark and too often ignored consequences of South Africa's alignment with the Putin Regime. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/12/202334 minutes, 28 seconds
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Gayton McKenzie (Part 2) - By-election results, Rob Hersov, and the major political change coming to SA

In Part Two of today's early morning interview, Patriotic Alliance leader Gayton McKenzie offers his insights on critical by-election results in South Africa, including the key message from the Swellendam vote where the PA/DA split vote opened the door for an unlikely ANC win, despite a 20% drop in its support compared with 2021. He also shares insights about his friendship with Rob Hersov, the outspoken businessman/activist who has been standing up for him through all the recent controversy generated by what McKenzie brands as disinformation. The PA leader spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/12/202322 minutes, 7 seconds
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Gayton McKenzie’s reckoning - PA Leader explains why he’s back in the anti-ANC fold (Part One)

In Part One of an extended early morning interview with the leader of the Patriotic Front, Gayton McKenzie explains why his kingmaking party is set to switch sides (again) in Gauteng - and why this time it’s likely to be for keeps. A central personality in South Africa’s edge-of-the-seat political arena, McKenzie ’fesses up to mistakes, especially in the Johannesburg Metro. And explains how this has helped the top team in his party conclude that DA leader John Steenhuisen’s Moonshot Pact is worth a full shot. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/12/202323 minutes, 5 seconds
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"The evidence is so clear" – Dr Aseem Malhotra on COVID vaccine harms.

Consultant cardiologist Dr Aseem Malhotra made waves in September 2022 when he published a two-part paper titled 'Curing the pandemic of misinformation on COVID-19 mRNA vaccines through real evidence-based medicine' in the Journal of Insulin Resistance. Although Malhotra had been a public health advocate for a decade before the publication of his groundbreaking paper, it's unlikely that it would have sufficiently prepared him, or anyone, for the character assassination and condemnation that would follow his courageous and outspoken campaign against the mRNA COVID vaccines. Following his BNC#5 presentation, which astutely contextualised COVID as the by-product of a complete healthcare system failure, institutional corruption and gross overreach by the pharmaceutical industry, Malhotra sat down for a Q&A with BizNews founder Alec Hogg and delegates at the BizNews Conference. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/11/202334 minutes, 58 seconds
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Mashaba rolls dice to bring PA into a rejuvenated Rainbow Coalition - and take back Jhb Metro

Action South Africa, a member of the anti-ANC/EFF Rainbow Coalition, today threw down the gauntlet for other members to bring the Patriotic Alliance back into the fold - and immediately take back control of the Johannesburg Metro. ASA's leader Herman Mashaba served notice of a vote-by-raised-hands motion of no confidence on April 25 in office bearing puppets appointed by the ANC/EFF councillors, setting April 25. In this interview with Alec Hogg of BizNews, the entrepreneur turned political disruptor says the content in social media messages postings by PA leader Gayton McKenzie encouraged him to take this gamble. He expects it to spark a new maturity by Rainbow Coalition members - with destructive bickering replaced by mutual respect among its members. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/11/202324 minutes, 52 seconds
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Cape Independence about to take a big step with imminent Bill tabled in WC Provincial Parliament

In the past three years, the Cape Independence Advocacy Group has firmly put the topic of Western Cape secession onto the agenda in the SA province that's succeeding where the rest are failing. According to the CIAG's Phil Craig, the separation process is about to be another huge step forward with the tabling of a self-determination Bill in the provincial parliament. In this fascinating interview, Craig explains why he is 100% certain this landmark Bill will be presented and passed - and how it promises to transform the South African political and geographical landscape. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/11/202323 minutes, 45 seconds
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BNC#5: COVID: the collapse of scientific integrity after decades of pharmaceutical collusion and public health system failures – Dr Aseem Malhotra

COVID saw an influx of irrational and baseless lockdown restrictions and public health regulations, the devastating effects of which will be felt for decades to come. The unprecedented nature of these measures also signified a radical departure from health guidelines established prior to COVID's arrival. The trap, however, is to believe that COVID occurred in a vacuum. In Dr Aseem Malhotra's presentation at the BizNews Conference in March, the world-renowned consultant cardiologist chronicled the decay of the value and reliability of public health institutions and modern medicine. Malhotra’s meticulous delivery astutely contextualised COVID as the by-product of a complete healthcare system failure, institutional corruption and gross overreach by the pharmaceutical industry, and abandonment of evidence-based medicine. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/9/202336 minutes, 12 seconds
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Wendy Addison on bringing down Leisurenet, two-faced Richard Branson, life after whistleblowing

It's just over two decades since accountant Wendy Addison tipped off SA's Exchange Control authorities that something smelly was happening at Leisurenet, owner of 87 gyms and a darling of the JSE. As a result of her whistleblowing, Addison, a CA (SA), was forced to flee to the UK, accompanied by hard evidence of the massive fraud. But her dream job with high-profile entrepreneur Richard Branson ended when the Virgin chief opted to do a deal with the fraudsters and marched his recently appointed group treasurer out of the building - and literally into the begging lane. SA's first high-profile commercial whistleblower reflects on life-changing years when her testimony and subsequent pressure eventually put the company's joint MDs Rod Mitchell and Peter Gardiner behind bars, explaining how she applied those experiences to shape a different life. She spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/6/202332 minutes, 45 seconds
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It's Parly v Concourt on reforming how SA MPs get elected - politicians, incl CR, applying ‘Stalingrad’

It’s three years since the Constitutional Court instructed Parliament to approve a new Electoral Act that will transform SA’s polity and encourage its best citizens to become MPs. Political parties, including president Cyril Ramaphosa, want none of it, and have applied ‘Stalingrad’ tactics to delay the end of a system which prevents independents from standing for election to Parliament. Dr Michael Louis’s One SA Movement is leading a group of 77 civic society bodies working to replace what was always supposed to be a temporary system. They are determined to overcome the stalling and change the system before the 2024 National Election. Dr Louis explains how to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/6/202321 minutes, 30 seconds
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Premier Winde on why Western Cape outperformance on growth, jobs, security set to continue

The Democratic Alliance's 'Governance Prospectus' is flourishing. The Western Cape province, the only one of nine run by South Africa's official opposition, is already well established as an economic growth and security outlier. Of the 169 000 net new South African jobs created in 2022, 167 000 were in the Western Cape. Those with the means are 'semigrating' in growing numbers, with a net 129 000 people moving into the province last year. But how sustainable is this oasis of prosperity in a sea of stagnation? Provincial Premier Alan Winde makes a solid case for the Western Cape experiment continuing and being adopted elsewhere, during this in-depth interview with Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/5/202333 minutes, 11 seconds
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Meet Gcobani Ndzongana, LAND Party leader, EFF co-founder, who wants a broad Left Front and ANC out

The prosperous and peaceful Western Cape resort town of Hermanus was rocked by violent protests in 2018, led by Gcobani Ndzongana, a political activist who helped to create the Economic Freedom Fighters. His LAND Party has grown in the five years since then, a highlight being the victory in a by-election over the ANC. Ndzongana has had a turbulent time since then, experiencing a home invasion and narrowly missing assassination when the bullet meant for him killed his driver. His determination is unbowed as is apparent in this interview with Hermanus-based investigative journalist and author Chris Steyn, he shares the party's intentions and explains how he sees the 2024 Election panning out. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/4/202321 minutes, 47 seconds
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Local is lekker again: March's pullback in SA stocks in March makes them a 'buy' - Bacher

It was a bumpy March for investment markets, especially on the JSE, where share prices followed the rest of the world lower - but did not participate in the late bounce. However, Corion's David Bacher reckons that divergence opens up a buying opportunity for active investors, and his house has gone overweight SA stocks to take advantage. In this monthly recap, Bacher also shares which money managers are hot (and not) by performance and flow of funds. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/4/202319 minutes, 14 seconds
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Five years on, five times cleared, Mahloele wants punitive damages from “liar” Holomisa

In 2018, parliamentarian Bantu Holomisa went public with a slew of allegations against Harith founder Tshepo Mahloele - accusing him of being the kingpin in a network of corruption and worse than the Guptas. After being cleared by a fifth successive investigation, this time by the PIC and GEPF, Mahloele is moving onto the offensive, launching a campaign for South Africa to introduce US-style punitive damages - starting with the politician. Mahloele says the cost to his businesses of these baseless allegations runs into hundreds of millions of rand, including the aborting of numerous business opportunities caused by what has now been proved to be Holomisa’s lies. He says a proper deterrent is needed to force appropriate consequences onto those who destroy through propagating falsehoods. Mahloele spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/3/202322 minutes, 26 seconds
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Meet Dr Marc Liebscher, the German White Knight riding to rescue of Steinhoff's retail shareholders

Steinhoff's management and board were given a bloody nose at December's Annual General Meeting when all the important proposals were voted down because of the opposition of Germany's leading Shareholder Protection association SDK. The investment activist body, established in the 1950s, boasts numerous coups including imploded multinational Wirecard. It speaks for shareholders representing 23% of Steinhoff's equity - and board member Dr Marc Liebscher says it wants to add South Africans to the 1800 German shareholders who have already proved to be the Nemesis of Steinhoff's managers. By voting against the proposals, SDK says it stopped a board proposal that would have seen already in-the-money financial speculators profiting further while shareholders would lose virtually everything. Berlin-based lawyer Liebscher says SDK is well-funded and up for a fight. Among its options is calling a meeting to replace the Steinhoff board and its well-paid (R50m a year) managers who, he believes, appear to be acting for hedge funds and other creditors rather than in the interests of shareholders. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/3/202321 minutes, 52 seconds
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BNC#5: "By evolution or creation, humans were designed to eat fat and protein" – Prof. Tim Noakes

Professor Tim Noakes' presentation at the BizNews Conference in March detailed the failures of medical science and the imitation scientists who fervently serve at the behest of "The Science". Noakes' grasp of the complexities of the ongoing yet unseen pandemics of diabetes and obesity exemplified a perfect marriage between incontrovertible comprehension and the kind of simplicity only critical thought and accuracy could inform. Noakes also shared his unfiltered and uniquely qualified views on the parallels between the false COVID narrative and mainstream media's rejection and suppression of evidence refuting previously untouchable dictums. The combination of higher-order thinking questions posed by delegates and Noakes' discerning and informative responses prompted a profoundly valuable discussion. Learn more about your ad choices. Visit megaphone.fm/adchoices
4/2/202338 minutes, 51 seconds
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Outliers: Jay Naidoo's story continues - A lifelong fighter for our right to question anything and everything

There’s much to digest from this interview with Jay Naidoo, a now 68-year-old who grew up as the last-born of eight children - and whose life was overturned when Apartheid’s Group Areas Act collided with the location of a modest family home. The social engineering system switched him from medical student to trade unionist; but it was intellect and passion that propelled the iconic activist into the top rank of anti-Apartheid warriors. In this moving, reflective discussion, Naidoo explains why he still refuses to accept the obvious, and continues to publicly pose thorny questions in a personal quest to leave the world a better place. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/31/202330 minutes, 27 seconds
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On a quest to give mobility to every African amputee and become a bobsleigh Paralympian – Mike Stevens

Mike Steven’s life changed drastically at the age of 12 when he became a double amputee after being electrocuted at the Vaaldam. After years in hospital, he could return to school, but it was in a wheelchair. Prosthetics changed his life and by the time he finished high school Stevens told BizNews he was “fully adapted, mobile and wanted to do things.” A period when Stevens could not afford his own prosthetics made him realise what other amputees, especially children go through, and he joined Jumping Kids, a non-profit organisation that provides access to prosthetic equipment for children. Stevens always enjoyed sport and being able to participate at a competitive level, he rowed, sailed and kite-surfed but the tricky Paralympic categories prevented him from following in the footsteps of his father, Geoff Stevens who was an Olympian sailor in the 1992 Barcelona Olympic. A chance meeting with another para athlete led to a path down an icy track at speeds of over 120km/h and Stevens became one of the few para bobsledders in Africa. Stevens told BizNews of his hope to include bobsleigh as a Paralympic event, where his ‘vasbyt’ comes from and how he wants to turn Jumping Kids into a social enterprise. South Africa, he said, could be a leader in Africa in providing prosthetics for the growing number of amputees. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/30/202320 minutes, 58 seconds
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Meet Tshwane's new mayor Cilliers Brink: Another quick-learning DA Young Lion determined to make impact

At 35, it's tempting to make parallels between Tshwane's new executive mayor Cilliers Brink and his counterparts in Cape Town and uMngeni, better exposed Young Lions of the Democratic Alliance. If anything, though, the legally-trained Pretoria lad faces an even more formidable challenge than counterparts Geordin Hill-Lewis and Chris Pappas. While they run local governments where the DA enjoys an outright majority, Brink leads a fragile political coalition recently embarrassed by a handful of members who secretly voted with the ANC/EFF rivals. But Brink sees his glass as half full. In this interview, he explains what is being done to overcome recent setbacks, including a missed opportunity to tackle load-shedding and an appalling audit report. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/30/202321 minutes, 14 seconds
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RW Johnson on CR's myopia; Russian interference in 2024; alternatives to ANC/EFF (IFP anyone?)

Another sublime contribution from South Africa's foremost political scientist RW Johnson. The historian, author and former Oxford Don expands on a BizNews Premium column where he called out SA presidential myopia with the looming "nightmare" scenario of an ANC/EFF coalition running the country after the 2024 Election. Johnson looks at Rob Hersov's efforts to get the Rainbow Coalition back on track - and explains in some detail why South Africans should be prepared for interference by Moscow. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/29/202321 minutes, 59 seconds
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BNC#5: Tim Noakes uncovers medical scams, shatters misconceptions around diabetes, statins, COVID & more

After many years deliberately spent out of the public eye, Professor Tim Noakes returned to the public platform as a keynote speaker at the fifth BizNews Conference in March 2023. His presentation exceeded all expectations as he delivered hard truths about medical science failures he termed "crime scenes". In a manner only someone capable of publicly admitting that the beliefs upon which they had built their entire careers had, in fact, been completely wrong, Noakes proceeded to fundamentally shatter longstanding and dangerously widespread misconceptions about critical topics like cholesterol, statin drugs, diabetes and nutrition. This presentation is truly a MUST-LISTEN. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/28/202327 minutes, 26 seconds
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High inflation in the UK is beneficial for overseas property investors – Megan Copley Sable International

Financial advisor Magnus Heystek has described investment into property in South Africa, as a destroyer of wealth. Heystek told BizNews at the beginning of 2023 that his advisors at Brenthurst “have been actively reducing direct exposure to listed property since 2017, where possible”. In contrast, he said, “offshore listed property over the same time had soared by more than 60%.” But, with rising interest rates and inflation over 10% in the United Kingdom, are overseas property markets still a good investment for South Africans? The Director: Offshore Real Estate Investment at Sable International says inflation has actually been good for property investments in the UK as it drove up rents by 20-30% and ”your annual yield can far exceed interest rates.” She said muted property growth takes pressure off buyers in a market that is often characterised by bidding wars Learn more about your ad choices. Visit megaphone.fm/adchoices
3/28/202314 minutes, 53 seconds
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Peche's money manager brain proposes solutions to two crises - European Banking and SA’s Rainbow Coalition

UK-based global money manager Sean Peche returned to his homeland last week to offer his thoughts on the European Banking panic (which isn't a crisis) and the stalling of support for SA's Rainbow Coalition (which is). Peche, whose fund is currently among the top 1% performers in its category, applies his rational mind to both challenges. The proposed solutions appear to be both rational and workable. He spoke to Alec Hogg in the BizNews Cape Town studio at the Latitude Aparthotel in Sea Point. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/27/202322 minutes, 56 seconds
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BNC#5: Q&A with Sean Peche - How to stay among the world’s 1% performers

During BNC#5, Ranmore founder Sean Peche was quizzed on a variety of topics, starting off with how he intends keeping his fund among the top 1% performers globally. He was in conversation with Alec Hogg and members of the BizNews tribe. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/27/202324 minutes, 38 seconds
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BNC#5: Size anchoring growth - Sean Peche on whether investments do better in speedboats or tankers.

In this recording of his keynote to the 5th BizNews Conference, a global investment specialist poses a question that's quickly answered but rarely acted upon. With a few notable exceptions, financial advisors tend to steer their clients towards the 'safety' of portfolios managed by big management houses - but as Peche argues here, that security is primarily for the advisor themselves. As the world's most quoted investor Warren Buffett continuously reminds us, the size of a portfolio is an anchor to its growth. In this excellent presentation, Peche uses rationality and data to argue why Buffett is right, explaining why better returns will flow from re-assessing. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/27/202326 minutes, 18 seconds
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'Mafia State' fits; Judge Kriegler says whistleblowers are left standing naked after Murray murders

Freedom under law has expressed deep concern about the killing of well-known insolvency practitioner Cloete Murray and his son Thomas. Board member, Judge Johann Krieger said the apparent assassination of the Bosasa liquidator poses a threat to the rule of law and to South Africa’s constitutional democracy. The former Constitutional Court Judge weighs in on whether South Africa has become a mafia state and he does not mince his words for the Legal Practice Council that he calls "feckless" for failing to act against Adv Dali Mpofu. Judge Kriegler also offers solutions to the Stalingrad delaying tactics employed in the defences of former President Jacob Zuma, Judge John Hlope and suspended Public Protector, Busisiwe Mkhwebane which is costing the taxpayer millions. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/24/202318 minutes, 51 seconds
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Rob Hersov on ‘dam-busting’; rejuvenating SA’s Rainbow Coalition; and Capexit post-2024.

Since global entrepreneur Rob Hersov spoke out at BNC#2 in September 2021, only a trickle of business leaders have joined him in openly questioning the ANC misrule of South Africa. The public, however, has been overwhelmingly supportive - taking a lead from someone who had the courage to call out SA’s naked emperors. In this typically candid interview with BizNews founder Alec Hogg, Hersov addresses how to break the logjam that’s stalled the Rainbow Coalition - and why he’ll be fully behind Cape Independence should an ANC/EFF alliance rule SA after the 2024 election. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/24/202324 minutes, 29 seconds
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Miles vd Molen of Cemair, SA’s #3, shares insight on BP divesting, pricing tips and managing during turbulence

In the past four years, 21-year-old independent airline Cemair has trebled in size to now sit snugly in SA’s number three spot behind Safair and Airlink - a position that is comfortable for founder and CEO Miles vd Molen. In this update on the SA aviation sector, vd Molen shares his insights into the best (and worst) days for price-conscious flyers; retaining the culture in a fast-growing business; and how Cemair is coping in SA’s turbulent sector where global players Swissport and Air BP are in the process of divesting. Message editorial Shift + Return to add a new line Profile Nadya Swart Active 2:53 PM local time Message Huddle Contact information Email Address [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices
3/23/202320 minutes, 40 seconds
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The SA Data Science whizz who wants to solve Africa’s ‘tough problems’ with AI – Vukosi Marivate

University of Pretoria's Vukosi Marivate, the holder of the ABSA Chair of Data Science, has been chosen for the 2023 World Economic Forum's Young Global Leaders Programme. Prof Maravati wears many hats, including heading a Data Science for Social Impact research group focusing on Artificial Intelligence and languages, especially African languages. He is the Chief Technology Officer at Lelapa.ai, a start-up with Big Tech investors. Prof Marivate also helped launch the Deep Learning Indaba that brings the African AI community together. He has received recognition for his Covid-19 ZA Dashboard, which is still the only source of aggregated data on Covid-19 in South Africa. He told BizNews why he moved back to South Africa from the US and how he wants to solve some of the African continent's significant challenges with machine learning.  Learn more about your ad choices. Visit megaphone.fm/adchoices
3/23/202324 minutes, 2 seconds
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Frans Cronje: SA’s opposition parties blew opportunity; ANC decline arrested, now stable above 50%

The latest polling data from the Social Research Foundation, shared here by chair Dr Frans Cronje, shows that SA’s opposition political parties wasted a golden opportunity to punish the ruling ANC when it was most vulnerable. With the notable exception of the IFP (especially in KZN) Cronje says the ANC’s other competitors dropped the ball when the tryline beckoned. Biggest loser, research shows, is the radical EFF whose share of the vote has almost halved to a modest 6% in recent months. Cronje believes the ANC’s fortunes will be further boosted ahead of the 2024 National Election by a virtual end to loadshedding as long-term plans start to have an impact. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/23/202333 minutes, 20 seconds
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Transaction Capital's 'shitshow' - CEO David Hurwitz on his share sale, SA Taxi and the way ahead

Transaction Capital's position as South Africa's second-best wealth creator for shareholders (behind Capitec) over the past decade fell in a heap this month as the share price collapsed from R30 to under R10. A pre-results profit warning last Monday (13 March) triggered selling that accelerated as rumours took hold, resulting in the shares falling precipitously to a low of R8 on Thursday. The fact that CEO David Hurwitz sold a large chunk of his shareholding in December fuelled Mr Market's righteous indignation. In this candid interview with BizNews founder Alec Hogg, the embattled company's bruised CEO cuts to the chase, providing context and explaining why the company has aborted a significant stock issue (to buy more of WeBuyCars) because it believes the shares have fallen too far. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/22/202334 minutes, 14 seconds
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BNC#5: Magnus Heystek on the record - Western Cape; best offshore geographies; Greylisting; and much more

Half an hour of Magnus Heystek being quizzed at BNC#5 by members of the BizNews community. Here’s his response to the curveballs, penetrating and tough questions on the hot financial topics of the moment. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/20/202328 minutes, 14 seconds
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BNC#5: Action Society's Ian Cameron gets up-close and personal in Q&A with BizNews tribe

In this recording, Ian Cameron of Action Society engages with BizNews Community members who attended the conference at Drakensberg Sports Resort in March 2023. The crimefighting activist is typically forthright in his responses, sharing an untold story which explains so much about the country's decline into a nation where criminals fear no consequences. BizNews founder Alec Hogg hosted him. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/20/202318 minutes, 30 seconds
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BNC#5: Crimefighter Ian Cameron on how SA Police captured by criminals, but hope for the future

Here is the recording of crimefighting activist Ian Cameron's keynote, the most powerful of all presentations at the fifth BizNews Conference. That's saying something, given the impressive lineup. Cameron, who is at the NGO Action Society, uses official data and personal experience to detail how leadership at South Africa's police service was hijacked by criminal elements, resulting in a mere 15% conviction rate for murder and 3% for reported rapes. He details how the law enforcement agency was systematically captured, but concludes there is hope - highlighting early but significant successes achieved through often abrogated devolution of responsibility by provincial structures. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/20/202335 minutes, 39 seconds
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BNC#5: Brutally honest Magnus Heystek's: Fresh reasons why you MUST move your money away from South Africa

Over the past decade, independent financial advisor Magnus Heystek has very publicly delivered a consistent message - Move your money outside of South Africa. He has been spot on. As a result, clients at the company he started, Brenthurst Wealth, have profited as misgovernance hammered the Rand and rising global investment markets also far outperformed the JSE. In this powerful keynote to the 5th BizNews Conference at the Drakensberg Sports Resort, Heystek re-iterated his message, providing fresh evidence to support his argument that it's unlikely there will be a reversal of the trend anytime soon. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/15/202321 minutes, 40 seconds
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KZN’s quiet democratic revolution - IFP president Velenkosini Hlabisa explains why party is hitting ANC for six

A democratic revolution is underway in South Africa's most populous province of KwaZulu-Natal. In recent by-elections, the IFP has won five previously safe ANC wards, and in those where it fell short, posted massive double-digit gains in its share of the vote and turned the ruling party's majority from comfortable to marginal. The party, founded by Prince Mangosuthu Buthelezi in 1975, is a staunch member of the anti-ANC/EFF Rainbow Coalition. It governed KZN between 1994 and 2004, a project which is regarded as unfinished business. The IFP's newfound momentum is perfectly timed ahead of the watershed 2024 Election, where the IFP expects to regain the right to govern the province - and to share power nationally. Its president Velenkosini Hlabisa, who succeeded Buthelezi in August 2019, explains how the recent surge is part of a long-term plan embarked upon almost ten years ago. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/15/202330 minutes, 33 seconds
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Kokkie Kooyman: Why SVB collapse hit banking stocks so hard; plus back story on Absa, TransCap

The collapse of Silicon Valley Bank, the US's 16th largest, sent shock waves through global markets, knocking banking shares worldwide. In unrelated developments in SA, results from Absa and Transaction Capital disappointed, triggering intense selling pressure on the stocks, both of which are held in the BizNews model portfolio. Our go-to man on financial services, Denker Capital's Kokkie Kooyman, broke into his 'bucket list' holiday in Greenland to explain the relevance of these developments. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/15/202321 minutes, 43 seconds
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Creating a platform for street artists and adding to Cape Town's many world-renowned attractions - Alex Tilman Baz-Art

Cape Town is one of the world’s top tourist destinations famous for its magnificent Table Mountain, white sandy beaches, Waterfront, and its vibrant, cosmopolitan atmosphere. In recent years, street art has emerged as a new attraction, adding to the appeal of the city. To support the artists behind the city's growing street art scene, Baz-Art was established as a platform to provide a livelihood for their work and regulate the industry. Founder Alex Tilmans told BizNews that Baz-Art hosts an annual international public art conference (IPAC) to select the best street artists to feature on their platform. He said that since its inception, the company has expanded its reach beyond Cape Town to other African cities and even as far as Glasgow for COP26. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/15/202314 minutes, 20 seconds
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BNC#5: Helen Zille Part Two - Back stories on why ANC cut De Ruyter loose; what PA wanted in Joburg; and more

In Part Two of her Nightcap conversation at the 5th BizNews Conference at Champagne Sports Resort, Democratic Alliance chair Helen Zille shares some Second Level thinking on various topics. Starting with why the Patriotic Alliance demanded Joburg's Economic Development portfolio (and why the DA refused), the real reason why the ANC top brass let Eskom CEO Andre' de Ruyter get hung out to dry, and more riveting insights from this veteran of SA politics as she freewheels on a range of topics. She spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/14/202336 minutes, 40 seconds
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Alec Hogg's talk at Rotary Hermanus on BNC, SA's 2024 Election, Zille, McKenzie, investing on the JSE and more

After a fortnight that included a 6am start in Parliament's 'lockup' for the National Budget and hosting the four-day BizNews Conference in the Drakensberg, BizNews founder Alec Hogg was invited to provide insights at the Rotary Club of Hermanus. Here is a recording of his informal address to members of the non-profit, where he shared context and the back story to those two events - and offered perspective on the major issues South Africa faces in the lead-up to its watershed 2024 National Election. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/14/202346 minutes, 41 seconds
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Master classes in creating co-operation in shambolic SA political coalitions – Prof Erwin Schwella

Political coalitions are clearly not working in South Africa. Tshwane had a mayor from a tiny minority party for about six seconds when COPEs’ Murunwa Makwarela was disqualified because of an insolvency issue. Municipal governments have changed hands regularly in other large cities of the country as well, including Johannesburg. It is expected that the ANC, that has been in power since 1994 might not get more than 50% of the vote in the election in mid-2024 – they are currently polling at around 37% - and our history with coalitions on local government level does not bode well for coalition government on national government level. Recognising our inexperience in coalitions, a group of South Africa lawmakers are undertaking a tour to Europe to study how countries have managed to make coalition governments work. Local government specialist Prof Erwin Schwella who is also professor emeritus at the Law School at Tilburg University in the Netherlands and now runs the Hugenote Kollege on Leadership in Wellington has been given the mandate by the Konrad Adenauer Stiftung to design and design a leadership masterclass in coalition. Prof Schwella told Biznews that he is hoping for a“healthy rush to colleges doors instead of a rush to the court doors." Learn more about your ad choices. Visit megaphone.fm/adchoices
3/13/202317 minutes, 41 seconds
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RW Johnson: Why ANC/EFF government most likely post-2024 - and likely consequences, including provincial secession pressure

In this sobering but enlightening interview, SA's foremost political scientist RW Johnson shares insights from his latest column which is on BizNews Premium - and delves deeper into the reasons why he believes SA is likely to have an ANC/EFF government after the 2024 election. He doesn't fancy its longevity, however, and explains how this coalition could trigger irresistible pressure for provincial secession, particularly by the Western Cape. He was interviewed by Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/13/202321 minutes, 28 seconds
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BNC#5: Helen Zille exacts revenge on detractors; shares inside story on coalitions; and more (Part 1)

After quietly absorbing verbal abuse from Gayton McKenzie during a torrid first morning at BNC#5; DA Federal Chair Helen Zille had her opportunity to respond during the Nightcap session. In this, Part 1 of that discussion with BizNews founder Alec Hogg, Zille exacts her revenge. Brilliantly. We witness a master of her craft at her very best displaying trademark courage, superb storytelling skills and political nous. Zille also shared the back story of what is happening within SA’s newfound political coalitions; and unpacked the DA’s way ahead as the country approaches the watershed 2024 National Elections. Compelling, captivating and enlightening. A must-listen. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/13/202352 minutes, 4 seconds
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BNC#5: Mashaba's Q&A where he addressed Coalition politics; McKenzie's assertions; Ejecting the ANC in 2024 and more

Herman Mashaba is at his best when cruising off-piste, fielding difficult questions. He had quite a few to navigate during the interview and audience engagement section of his keynote at the 5th BizNews Conference in the Drakensberg, held in March 2023. Mashaba began with a glowing endorsement of political rival Gayton McKenzie's 'true and riveting' keynote address before on to a wide range of topics including how his creation, Action SA, intends playing a significant role in South Africa's future - as either its biggest or #2 political party. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/10/202348 minutes, 39 seconds
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BNC#5: Herman Mashaba shares his strategy: How ActionSA will unseat the 'criminal enterprise' ANC next year

The Herman Mashaba who returned to the Drakensberg to address the fifth BizNews Conference came from a different place to the one whose opening keynote thrilled delegates to the first such event. Mashaba was then planning the creation of a new political entity. Now he heads the country's fastest-growing political party - one that has come from nowhere to poll double figures wherever it contests by-elections. Mashaba explained to BNC#5 attendees why, by size and seats in Parliament, ActionSA is set to be the biggest or a close second of all political parties after the 2024 National Election. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/9/202322 minutes, 49 seconds
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BNC#5: Gayton McKenzie Q&A - Zille is Rainbow Coalition's problem, if she goes, kingmaking PA back in fold

Patriotic Alliance leader, the 'uncancellable' Gayton McKenzie, answers questions in the Drakensberg in conversation with Alec Hogg and the BizNews community. He takes us into the back rooms of coalition negotiations and why his 'kingmaking' Patriotic Alliance will vote with the ANC for as long as Helen Zille remains chair of the DA. The conversation also covers topics ranging from McKenzie's relationship with global entrepreneur Rob Hersov; the popularity of former president Jacob Zuma; the need for a Rwanda-style benevolent dictatorship in SA; and how personal experiences shape his argument to re-introduce the Death Penalty. Fascinating. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/9/202339 minutes, 40 seconds
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SA’s wanna-be dictator Gayton McKenzie rants about Zille, illegals, death penalty - and more

In his powerful keynote to the 5th BizNews conference earlier this month, Patriotic Alliance leader Gayton McKenzie provided a filter-free delivery. He shared his ambition to become South Africa's 'benevolent dictator' before ranting against Democratic Alliance chair Helen Zille, illegal foreigners, and anyone who opposes the Death Penalty. The former gangster who was sentenced to 12 years in jail, shared his story and provided details of the populist policies of the political party which started as a focal point for the Coloured voters, but now has ambitions to attract supporters from all racial groups. Love him or hate him, McKenzie is a colourful addition to SA's political landscape. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/8/202325 minutes, 23 seconds
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Lord Peter Hain to SA: Find your inner Neil Aggett - Rise Up and say Enough is Enough

Peter Hain has joined a growing list of struggle icons to urge South Africans to 'Rise Up' against the culture of corruption and misgovernance. The SA-born British Peer, a career politician who served in a Labour Party cabinet, made the call during his his memorial lecture at Kingswood School for its old boy Neil Aggett, murdered by the Apartheid police in 1982. Hain says South Africans must realise the only way to stop the country's slide to disaster is by saying 'No' to everyday corruption, exercising the hard-fought right to vote, and calling 'enough'. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/8/202324 minutes, 5 seconds
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Tech alone can not create successful townships - Philippi village CEO Bushra Razack

Kayamundi in the Western Cape is set to become the country’s first smart township. Ultimately, it is hoped that Kayamundi would be an innovation lab for townships and rural areas across South Africa and the rest of the continent. Closer to Cape Town lies Philippi, one of the country’s neglected townships where technology has been rolled out to create a community and business hub to empower the local residents. CEO, Bushra Razack told Biznews that a multi-purpose business hub like Philippi Village allowed the smart township concept to be accelerated. But, what she had learnt in the process was that technology was not a silver bullet to create a successful smart township, it needs engagement with the broader community. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/8/202315 minutes, 50 seconds
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Understanding RISE - lowest cost retirement fund alternative from SA's great democratisers of financial services

Low-cost, low-entry barrier stockbroker Easy Equities is trying to democratise financial services in South Africa. Including retirement funding, a space dominated by massive institutions whose cost base makes it expensive for retail investors to participate. Easy's subsidiary RISE (Retirement Investment and Savings for Everyone) has been building a presence through offering ultra-low-costs and market-leading transparency - and in this interview, chief investment officer Duane Gilbert explains how it works and why Easy's young client base (average: early 30s) is joining in growing numbers. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/8/202321 minutes, 35 seconds
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Westbrooke’s private debt product: Now retail investors can earn 9% in Sterling; 14% in Rands.

Westbrooke, an SA/UK financial services company part-owned by the Enthoven family (of Nando's and Hollard fame), is extending its high-yield, low-risk private debt offering into the retail market. In this interview, Westbrooke's UK MD Richard Asherson and SA-based Jonti Osher explain how the product works - and how it delivers a consistent 9% in Sterling for UK investors; and 14% for those investing in Rand. They spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/7/202324 minutes, 47 seconds
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Corion’s David Bacher unpacks Feb’s Resources Rout - points us to fresh investment opportunities

In this summary of the latest Corion Report, the company's co-founder David Bacher explains why resources shares took such a paddling in February - and warns that the worst may not yet be over. He also guides the savvy investor toward areas with exciting prospects and offers some insights into the new Fantasy Fund Manager game that will launch next month. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/6/202316 minutes, 3 seconds
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Anyone for padel, the world’s fastest-growing mashup sport? – Padel Africa’s James Baber and Craig Ireland

Padel, a sport that blends elements of tennis and squash, has taken the world by storm, particularly in Spain, Sweden, and Portugal, where it has gained more players than traditional tennis. Some have likened the sport that originated in Mexico in the 1960s to "squash in the sun," while others call it "tennis with training wheels." Despite only a few years of development, padel has already amassed a big following, leading to significant demand for equipment such as rackets, balls, and accessories. Footballers, high-profile tennis champions like Serena Williams and Andy Murray, along with celebrities like Leonardo DiCaprio, have become fans of the game. Around 25 million people worldwide play padel, with Spain boasting six million players. In South Africa, the sport is also rapidly taking off. James Baber and Craig Ireland from Africa Padel told Biznews that the sport was virtually unknown in South Africa until 2020 when the first court arrived and now corporates are starting to organise padel days instead of golf days. Learn more about your ad choices. Visit megaphone.fm/adchoices
3/2/202313 minutes, 23 seconds
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Prof Jonathan Jansen - A journey of passion, opportunity and lessons learnt

In this series on South Africans who have massively outperformed and done great things, South African Professor Jonathan Jansen delves into his background, passion for his profession and the power of education in our nation - all of which have charted his path to becoming an Outlier. This is a story of a man who serves our country as an academic, a teacher, a leader, and an inspiration to many. Jansen spoke to Alec Hogg of BizNews in an interview that Alec has dubbed as ‘one of the best interviews of his career to date.’ Learn more about your ad choices. Visit megaphone.fm/adchoices
3/1/202338 minutes, 34 seconds
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Brexit opened doors to South Africans to work in the United Kingdom – Saskia Johnston Sable International

Business in the United Kingdom have been experiencing a shortage of workers with 1.19 million vacancies in the country. This is according to statistics released in November 2022 by the UK Parliament and a business survey by the country’s Office for National Statistics indicate that 13.3% of British businesses experienced a shortage of workers. The shortages are a result of the country’s decision to leave the European Union. While the door has closed for Europeans; it has opened more opportunities for South Africans to live and work in the UK, which could lead to settlement. Saskia Johnston from Immigration specialists Sable International told BizNews the new post-Brexit rules has opened up the door for more labour-intensive roles such as plumbers and bricklayers and there are many positions open for workers in the healthcare sector. Johnston has however warned that half-truths are circulating about the self-sponsorship route for business owners and mistakes could be costly. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/27/202313 minutes, 39 seconds
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Neither an energy transition nor climate crisis exists – Alex Epstein on the pro-human benefits of fossil fuels and renewable energy misconceptions

The world is in the grip of a global energy crisis. This much is true. However, the real reason for this is shrouded by our fundamentally flawed thinking of fossil fuels and the mass of deeply ingrained misconceptions about renewable energy sources as remotely capable of replacing the energy output generated by fossil fuels. In a superbly eye-opening interview with energy expert Alex Epstein, author of the New York Times bestseller The Moral Case for Fossil Fuels and Fossil Future, Epstein astutely summarises the undeniable benefits of fossil fuels, the timeline of their demonisation and the moral monopoly that exists on the case for eliminating fossil fuels. Epstein's unique understanding of energy and arguments advocating in favour of energy freedom and human flourishing, both balanced and compelling, are sure to give pause to critical thinkers about their own misconceptions in what has become one of the most contentious topics of our time. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/26/202346 minutes, 4 seconds
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Magnus Heystek: Rand at R18.40 to $ may still prove bargain for offshore investors - think Blackouts; De Ruyter; ANC; Despondency; Capital Flight; etc

In this wide-ranging interview with Brenthurst Wealth founder Magnus Heystek, he shares some history that shaped his forthright approach - and explains why the near record Rand weakness of R18:50 to the US Dollar may be far from the end. Heystek takes a closer look at some of shocking news items for SA investors that have emerged recently and concludes that this supports his long-term bearish view of South Africa. Heystek will be elaborating on his perspectives at BNC#5 next week. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/24/202323 minutes, 32 seconds
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Banks prepared for greylisting, extra scrutiny for third parties, more hurdles for investors – Kokkie Kooyman

South Africa has been placed on a global financial watchdog’s so-called grey list denoting nations with shortcomings in tackling illicit financial flows, a move that will, according to Bloomberg, scar the country’s international reputation and may raise costs for banks and asset managers. The decision was announced by the Financial Action Task Force. Nigeria was also added to the list. It places South Africa in the same category as Mozambique, the Democratic Republic of the Congo, Haiti, and Syria. Denker Capital co-founder, Kokkie Kooyman, said it would not affect the man in the street, and even the banks would hardly notice it, but there would be more scrutiny on other avenues by which money left or entered the country. Reacting to the 2023 budget, Kooyman said there had been a government mind shift on the privatisation of electricity. The increase in South Africa's debt-to-GDP ratio meant the country was slowly moving towards Ghana, Zambia, or Egypt. He also weighed in on the sudden exit of André de Ruyter. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/24/202326 minutes, 3 seconds
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Dr Aseem Malhotra: From vaccine proponent to crusader for the truth about mRNA shots

After the publication of his peer-reviewed two-part research paper calling for the suspension of all COVID-19 mRNA vaccines in September 2021, Dr Aseem Malhotra became a household name among vaccine sceptics. Malhotra's COVID-19 journey has been particularly transformative. As one of the UK's most eminent cardiologists and a fierce public health advocate, he was among the first to get the double-dose Pfizer COVID-19 mRNA vaccine in January 2021 – not thinking or even comprehending the possibility of a vaccine doing any harm. The premature death of his father in July 2021, six months after he had received the second Pfizer shot, was the catalyst which precipitated Malhotra's examination of the mRNA vaccines and subsequent exposure of unprecedented and horrific harm. In anticipation of his keynote address at the upcoming BizNews Conference, Malhotra sat down with BizNews in Cape Town to discuss his findings and insight into Big Pharma, public health and his campaign to cure the pandemic of misinformation. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/23/202343 minutes, 2 seconds
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Eskom's slow political death, SA probably in recession and graylisting a fait accompli - Economist Dawie Roodt

South Africa’s stricken power utility will get debt relief to the tune of R254 billion over the next three years year, but economist Dawie Roodt says the indication by Finance Minister Enoch Godongwana and President Ramaphosa that municipalities debt may be written off and that the power utiity should not implement Nersa increases meant that the Eskom problem would not be solved. Reacting to the Minister's 2023 budget, Roodt said he did not think that the Minister’s economic growth estimate will be achievable; judging from the South African Reserve Bank’s leading indicator that predicts what economic growth is likely to look like over the next couple of quarters, South Africa is probably in a recession. He also believes the Minister had inside-info that South Africa will be gray listed. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/22/202314 minutes, 50 seconds
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What investors are watching in Budget 2023: Eskom, budget deficit, water supply, fuel costs – Nezo Sobekwa

In a week that has seen another round of Stage 6 loadshedding with whispers of a dreaded Stage 8, Finance Minister Godongwana faces the task of incorporating a credible debt-relief plan for Eskom, while stabilising government finances in his annual budget, to be presented on Wednesday, 22nd February. Nezo Sobekwa from S&P Global told Biznews that investors would be looking at how the finance minister would be spending more money on Eskom debt, how he dealt with the public sector wage bill and what the country's GDP growth prospects were. Sobekwa said there were positives in terms of revenue collection and the number of jobs that had been created but said that the budget deficit would have to be revised. Eskom was not the minister's only headache, he said, problems with water supply and fuel costs were expected to impact growth. He expected the minister to say that he would not dish out more money to SOEs or salary increase, but that resolve could disappear down the road. And while the timing of a naval exercise with Russia and China was unfortunate while Ukraine marked a year since the Russian invasion, Sobekwa did not expect it to damage relations with the West. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
2/22/202318 minutes, 27 seconds
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Farmers need decisive measures to ensure food security s - Agri SA's Kulani Siweya

Agri Sa has urged Finance Minister Enoch Godongwana to announce measures for farmers in his budget speech to help them to protect the country’s food security. An agricultural economist at Agri SA, Kulani Siweya told Biznews that loadshedding is the most urgent threat to the nation’s farmers and they should be allocated resources to buttress them against its wors effects. Siweya said Agri SA is deeply concerned about the confluence of challenges that have come together to make food production in South African especially difficult at this time and although he did not want to create panic about food security, loadshedding is causing significant disruption. KFC and chicken farmers are an example of the effect it has had. He called on the government not to increase sin taxes as it has a dire effect on farmers and to assist farmers with funding to enable the agricultural sector to be one of the solutions to the energy crisis.  Learn more about your ad choices. Visit megaphone.fm/adchoices
2/21/202312 minutes, 12 seconds
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Sean Peche calls timeout on Big Tech stocks - plenty better investments. Here's where to find them.

After the January Jump, fans of US Big Tech stocks have been calling the end of their slump. However, Ranmore Funds founder Sean Peche is having none of it, and in this interview with Alec Hogg of BizNews, he explains why in detail. He also offers some specific examples of where investors can buy stocks at a significant discount - demonstrating why this is preferable to following the crowd into FAANGS, which he reckons have run out of growth so are now cannibalizing each other's markets. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/20/202322 minutes, 36 seconds
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Creating a worldwide community where twitchers can flock together – Birda’s John and Natalie White

Many South Africans take our abundant bird species for granted. Driving through Kruger looking for animals and ticking off the Big Five while our parents are more excited about the featured beauties in the trees is likely to be something familiar to most of us. As we get a bit older and travel elsewhere, we often start appreciating the avian treasures South Africa has been blessed with. In fact, South Africa boasts almost 900 of the world's 10,906 bird species, as recorded by Cornell University Lab of Ornithology. Armed with this knowledge and the realisation that there are millions of very keen birdwatchers across the world, one estimate puts the number at 45 million in the USA, John White, originally from Kwazulu-Natal, and his wife, Natalie, launched an app called Birda to bring the birdwatching or “twitchers'' as they are commonly known together in a shared community. White told BizNews that he drew inspiration from apps like Strava, which caters to the cycling community, and Fishbrain, a platform that connects avid fishermen and his team are building an online space where bird enthusiasts from around the world can connect with one another, share their sightings, and explore the best birdwatching spots. – Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
2/20/202312 minutes, 8 seconds
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GHL: Cape Town on track to end electricity power cuts by 2025 - confirms 500MW fresh grid injection imminent

Ahead of the November 2021 Local Government elections, Geordin Hill-Lewis, the DA's mayoral candidate for Cape Town, campaigned to end electricity outages within three years. Now installed as mayor, the energetic 36-year-old says he is about to unveil the most significant step in achieving that goal for a city that consumes 2 200MW during peak demand. In this wide-ranging interview with Alec Hogg of BizNews, GHL says, "we're crossing the t's and dotting the i's" on an agreement that will bring an additional 500MW supply into the city's power grid. He anticipates making a formal announcement before the end of March. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/20/202324 minutes, 58 seconds
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Kevin Lings previews Budget 2023: Investment markets will punish SA if FinMin spends R80bn windfall on a permanent cost

South Africa's annual Budget, to be presented on Wednesday, comes at a crucial time in the electoral cycle for the ruling ANC. A watershed National election is penciled in for May 2024, at which the ANC looks sure to lose its control of Parliament. Adding to the pressure to dispense vote-catching gifts by an embattled political party is an unexpected income overrun of between R80bn and R90bn in mining sector taxes via a commodities price boom. Stanlib chief economist Kevin Lings outlines the significant issues facing SA finance minister Enoch Godongwana, warning that investment markets will punish any short-term profligacy, especially given the fragile nature of the income windfalls. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/20/202323 minutes, 59 seconds
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Herman Mashaba: Published polls are a joke - Action SA will be #1 or #2 in 2024, helped by thousands of newly registered voters

The founder and leader of Action SA is confident his party will benefit hugely from a silent revolution among 'gatvol' South Africans who had previously never bothered to become registered voters. Herman Mashaba says his party's army of volunteers is helping thousands of previously apathetic citizens sign up - a factor he says is ignored in recent polls which rates the party's national support in low single digits. As evidence, he cites the 10% ActionSA polled in a recent by-election in rural Limpopo despite only entering the contest two months before the vote. The successful entrepreneur turned politician says the party has spread nationwide by drawing on the distribution strategy used to build his hugely successful BlackLikeMe business. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/17/202324 minutes, 45 seconds
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Mark Perchtold: Do your ETF homework - names of funds don't always agree what's in the tin

ETF specialist Mark Perchtold shines a spotlight on often startling differences between the nameplate of an Exchange Traded Fund and what’s actually under the hood - i.e., the shares it invests in. He offers some thoughts on the ETFs held in the BizNews portfolios (spoiler alert - he doesn’t agree with all of them) and shares how OMBA is positioning its investments for clients as we move deeper into 2023. Perchtold, who is a chartered accountant and CFA, spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/16/202322 minutes, 7 seconds
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Kokkie Kooyman: Bank lending data reflects SA's "privatisation by stealth" - businesses investing as State services fail

South Africa is a fresh example of how the invisible hand of free enterprise steps in when socialist fantasies collapse. Denker Capital co-founder Kokkie Kooyman uses the latest bank lending data to illustrate the point - SA businesses and, to some extent, citizens have been investing in new infrastructure to replace collapsing infrastructure previously provided by State monopolies. Kooyman also shares expert insights into the investment case for the listed shares of local and European banks - and insurers - offering some specific examples. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/15/202321 minutes, 55 seconds
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Forget 10 baggers; here's how Peregrine Capital's pioneering hedge fund delivered 100x for investors

The fairytale story of Peregrine Capital's pioneering hedge funds translated into unicorn-type returns for early investors, delivering a return of more than 100 times their capital. In this interview, the company's CEO and portfolio manager Jacques Conradie lifted the veil (a little) and even shared some specific examples. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
2/14/202324 minutes, 33 seconds
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ANC's 2024 election trump cards - BIG and Russia. But WSM reckons both will come at a price.

Jaundiced Eye by William Saunderson-Meyer has been dissecting SA politics for three decades, making it the longest-running column of its kind. WSM's insights are applied to good use in this interview, where he picks up on his friend RW Johnson's warning about Russian influence in SA's watershed 2024 election and shares thoughts on the Eskom disaster; the