In this episode of P&L with Paul Sweeney and Lisa Abramowicz, Terence Kawaja, founder and CEO of Luma Partners Investment Banking on how the streaming wars are set to peak in 2020. Plus John John Chachas, managing partner at Methuselah Advisors talks about the destruction of the newspaper industry by the digital economy.

In today's business news headlines: * A judge is set to have former president Jacob Zuma arrested for failing to show up in court on grounds of illness; his lawyer will have to prove he is really sick; * The Steinhoff share price skyrocketed, gaining nearly 50%, on news a buyer is interested in picking up European assets; * Troubled retail group Edcon is to sell about 170 CNA stores; * In an "encouraging for the consolidation of democracy on the continent”, Malawi became just the second African nation to annul election results on the grounds that they were rigged after Kenya’s High Court overturned the outcome of a 2017 vote; * Nigeria has upped the ante with South Africa, its rival for investment funds, by relaxing visa rules to make it easier to do business.

Brendan Ahern, chief investment officer at KraneShares, on China shares sinking and whether it's a buying opportunity. Plus a look at how luxury goods are impacted by counterfeiting at Amazon and other online retailers.

In today's business news headlines: * Finance minister Tito Mboweni is convinced that dagga can be used to generate billions in tax to plug a hole in government finances; * Miners tell how world's investors are shunning 'dirty' stocks for green-focused companies, cannabis stocks and cryptocurrency bets; * Miners warn that President Cyril Ramaphosa may be running out of time to make SA more attractive for business; * Tongaat Hulett plunged on the stock market after its suspension was lifted. It has been hit by a financial scandal of epic proportions.

The word port is usually associated with the coast and the sea, but developer Francois Nortjé has chosen the name port for his new ‘Distribution Junxion’, which according to his website, will become a ground breaking inland port that sits on the entry and exit points for imports into and exports out of Gauteng.” Up to now, Transnet has controlled the railways, ports and pipelines in the country and the Department of Public Enterprises is the sole shareholder on behalf of the Government. But in his turnaround plan for the economy, Finance Minister Tito Mboweni indicated in August this year that he wants to introduce competition in ports and rail and encourage private sector participation. Third-party access would be granted to the rail network. Nortjé wants to capitalise on this and has found just the right piece of land to build his inland Port of Gauteng. He told Alec Hogg that his company plans to cut the current turnaround for transport containers which take four days at City Deep/Kaserne’s inland terminal to an hour. - Linda van Tilburg

Just when South Africans think Eskom-induced irritation can't get any worse, it emerges that Eskom bosses want citizens to pay up now for bad management mistakes in the past. The plan is to increase Eskom bills by at least 15%. Helping BizNews editor-in-chief Alec Hogg unpack the details is Lydia Petersen, an environmental activist who joined demonstrators in Cape Town where the National Energy Regulator of SA is considering arguments from Eskom to get consumers of electricity to foot the bill for shortfalls. State-owned entity Eskom has been the site of rampant corruption, with former president Jacob Zuma's friends spotting easy opportunities to raid taxpayers' funds through Eskom's back door. International ratings agencies say Eskom is such a drag on the economy that it is one of the major problems that needs to be fixed before funds will flow into South Africa, boosting growth and employment. - Jackie Cameron

In a jovial manner Finance Minister Tito Mboweni tweeted over the weekend that 'legalising this thing (cannabis) = more tax revenue. I need more tax (money) urgently!! Radical Economic Transformation!. On the serious front Mboweni has to deliver a budget plan at the end of the month and needs to fill what is expected to be a monthly R25bn tax hole. And when one deals with finances there are two options, cut spending or raise income. Pierre van der Hoven, familiar with the cannabis industry, supports the urgent call to legalise the industry, as South Africa loses out to less favourable locations such as Canada. It's a discussion with Biznews editor-in-chief Alec Hogg that'll hopefully get those involved off their butts. - Stuart Lowman

The government has found itself in a corner with the energy crisis that Eskom has created. With billions of rand of Eskom debt it has to shoulder and with loadshedding reaching Stage 6 that even lead to mines shutting down; it finally relinquished its grip on power generation in the country and announced that the mines will be allowed to generate their own electricity without a license. But in the true spirit of that’ Boer maak ‘n plan’ spirit that South Africans are known for; Johannesburg has come up with its own solution to loadshedding and while other citizens were counting the minutes until they could charge their devices, the city has announced it would not have the same loadshedding schedule as the rest of the country. In an interview with Alec Hogg, Chris Yelland sheds light on how the city managed that and gives his opinion of Eskom’s new CEO and his challenges ahead. - Linda van Tilburg

A fascinating interview. This fresh take on China's debilitating coronavirus came to us from two South African schoolteachers who are working deep inside the Middle Kingdom. Durbanites Gary and Andy Cronje share on-the-ground experiences of endless scanning, empty streets, closed shops and threat of arrest if you venture outdoors without a mask. It reflects how seriously Chinese authorities are taking a plague that has now killed almost 500 with a critical list having expanded to over 10% of the 20,000 confirmed infections. Like most Saffers in China, the duo aren't coming home - at least not yet. - Alec Hogg

South Africa's favourite market commentator was in a feisty mood during this week's episode of Rational Radio where he laid into Brait, Tiger Brands and executive pay in general. Never one to shirk from controversial subjects, David Shapiro celebrated 48 years on the market (and 15 years with Sasfin) by delivering a vintage performance. And still found time to offer his view on the investment appeal of Biznews Share portfolio stalwarts Amazon, Apple and Netflix after their release of strong quarterly results. - Alec Hogg

In today's business headlines: - The rapid spread of the coronavirus pandemic will loom large in the minds of economists in the coming days as the number of global cases soar and the impact on commerce spreads. More than two-thirds of China’s economy will remain closed as the virus and disruption could spread further; - The Rand tumbled to a new 12-week low on Friday as the coronavirus and power cuts continue to weigh on the currency. The Rand fell to R15 for a US dollar and R19.82 to British sterling on Friday; - Cosatu will present its proposals to rescue Eskom to senior members of government and the business community today. Meanwhile stage 2 load shedding will continue this morning; - Gold mine gangs toting Ak-47s are becoming a problem for mining companies with Bloomberg reporting that they are outgunning the South African Police. There were 19 attacks on gold facilities last year, almost double the number of 2018; and - The Mayor of Tshwane municipality Stevens Mokgalapa said he will resign this month to end political wrangling over his continued presence in office.

Apple – along with other tech companies like Amazon – has been a key driver of the sustained outperformance of our Biznews global portfolio. Last week, Apple reported its best-ever quarter on the back of rebounding iPhone sales. Some analysts worry that the rebound is a dead cat bounce and that phone sales will continue to fall. Others point to the strong growth in Apple’s wearables and services divisions as signs of hope for the future. In this episode, featuring content from the WSJ Tech News Briefing podcast, learn more about what Apple is doing right, and what it’s doing wrong.

Eskom's new Group Chief Executive Officer, André de Ruyter has outlined his plans to stabilise the power utility but warned that loadshedding could increase as urgent maintenance of the system is undertaken. He announced that boards for its generation, transmission and distribution divisions could be finalised by next week. It followed after President Cyril Ramaphosa announced the plan to split Eskom into three units in his State of the Nation address last year. - Linda van Tilburg

Microsoft became the third US company to pass a market cap of $1trn last year. and in this episode of P&L, Paul Sweeney and Lisa Abramowicz discuss the software giant with Dan Ives equity analyst at Wedbush Securities. They also tap into Tesla and Facebook.

The US economy grew at a 2.1 percent rate in the fourth quarter, and grew 2.3 percent for 2019. That's a steady pace, and the Wall Street Journal's Harriet Torry says economists are optimistic about this year. Plus, there's a big ride share battle going on in Mexico, and it's fuelled by Softbank. Robbie Whelan fills us in.

In today's business headlines: - The International Monetary Fund has urged the South African government to speed up reforms to revive the economy and says the country's "lacklustre growth" is due to weakness in public enterprises; - The Rand was on the backfoot yesterday dropping to the lowest level this year; - Embattled South African Airways will cancel local and international flights in the coming period to cut cost and conserve cash; - Eskom CEO André de Ruyter is revealing his 'state of the system' today as amid another round of load shedding 2 that could continue into the weekend; and - MTN has mended its rift with the Nigerian Government and has pledge $1.6bn to expand its operations in the country. The company also relaunched its mobile money service in South Africa.

The Apple share price has almost doubled over the past 12 months, breaching the trillion dollar market cap level in the process. And thankfully for those who follow the Biznews Global portfolio it’s one of the key ingredients. Bloomberg’s P&L show hosted by Lisa Abramowicz and Paul Sweeney sat down with David Garrity, Chief Market Strategist for Laidlaw & Co, and Partner at BTblock, to discuss Apple’s December quarter numbers. It’s a fascinating tale of iPhone envy and billion dollar cash piles. - Stuart Lowman

In today's business headlines: - Cosatu wants the government to consider making it mandatory for private pension funds to invest part of the money they control in infrastructure; - The South African government will tell the Trump Administration that its review of a preferential trade agreement that could put as much as $2.4bn in exports at risk, is premature and potentially damaging for both economies; - De Beers Diamond Sales have jumped after a terrible year for gems; - Quilter beat expectations after the end of 2019 saw it return to net inflows with shares rising on the JSE; and - The Chief Executive Officer of Tiger Brands, Lawrence MacDougall will retire this week leaving Africa’s biggest packaged-food company that is still battling the fallout of a deadly outbreak of listeriosis linked to one of its factories.

In today's business news headlines: * South African Airways’s business-rescue team said it’s been given access to R3.5bn from the state-owned Development Bank of Southern Africa to avert the airline’s collapse and has immediately taken R2bn; * Credit ratings agency Moody's will give South Africa more time before reassessing its outlook on the country; * Patrice Motsepe has apologised for being nice to US President Donald Trump, but warns that negativity towards the US could be hindering job creation in South Africa; * Anglo American Platinum shareholders can look forward to fabulous financial results in February, thanks to the price of metals; * Apple and other big tech giants listed on global stock markets are expecting their supply chains to take a knock as the coronavirus continues to spread in China, which manufactures much of the world's goods.

The all-powerful tobacco industry has been implicated in underhand tactics that led to the destruction of a revenue service that was working in the interests of the common good. The mess left behind at the South African Revenue Service (Sars) has meant that it has been more difficult to collect taxes, which in turn has undermined the country’s economy. As ace corruption-buster Johann van Loggerenberg, a former policeman and Sars investigator who was among the victims of these dirty tricks, says: companies like British American Tobacco (BAT) and others owe South Africa an explanation. But, instead of being accountable or transparent and responding to allegations in the public domain, big tobacco has quietly closed - and effectively "shut up" - its industry organisation. In this podcast, Tobacco Wars author Van Loggerenberg chats to BizNews founder Alec Hogg about how the big boys of tobacco have swept skullduggery under the carpet. - Jackie Cameron

In today's business news headlines: * On a grim day for global equities, South African stocks have been hit harder than most of their emerging-market peers, says Bloomberg; * Offshore investors were net buyers of South African equities; * Gold strengthens on global volatility; * Zimbabwe makes businesses pay tax in forex, but earn money in Zim currency; and * South African scientists and researchers are likely to find it easy to get a job, and residency, in the UK when Britain divorces from the EU.

In this interview on Rational Radio, founder and CEO of Bright Light Solar, Kevin Shames, unpacks how the company's Prospectus is able to project a 21% effective return for high end taxpayers. It's a three pronged support: the immediate write-off against taxable income; the twice yearly dividends; and a guaranteed repurchase after the initial investment period expires on five years. - Alec Hogg

When David Shapiro was a lot younger, South Africa's asset management sector were forced to invest 53% of the funds entrusted with them into "prescribed assets" - interest bearing bonds issued by the Government and its enterprises like Eskom. That law, together with strict exchange control regulations, played a huge role in keeping the wheels of the Apartheid system turning. Now a similarly beleaguered South African State is again considering forcing citizens to fund misdirected ideological objectives - with powerful forces within the ANC demanding a return of prescribed asset requirements that no longer exist in any modern state. Shapiro is horrified that the idea is even being considered and explain why in this Rational Radio interview.

The leading critic of 127 year old sugar group Tongaat Hulett, has been transformed into a fan after the company has onboarded suggestions he's been making for the best part of a decade. Opportune SA's Chris Logan is also impressed at the way new Tongaat chairman Louis von Zeuner and his CEO Gavin Hudson are determined to make those responsible for Tongaat's R11bn write-offs face the consequences. Not just former executives - who have been reported to the National Prosecuting Authority - but also auditors Deloitte. - Alec Hogg

In this Rational Radio interview, top lawyer Rudolph du Plessis explains how the previously marginal measure of a company's Environmental, Societal and Governance impact has gone mainstream. The partner in leading global law firm Herbert Smith Freehills says that buyers (and sellers) are taking ESG into account not just in price determination - but even when deciding to do the transaction at all.