“Certificate of Need” - will this lead to the e...
Healthcare journalist Chris Bateman is joined by Henru Krüger, sector head of the professional guild at Solidarity. In this interview, the pair discuss the controversial subject of the “Certificate of Need” for health practitioners. Bateman notes that it will, basically, “tell doctors when they may practice.” In a press release, Solidarity expressed their disagreement, remarking that it will threaten the ownership rights of private practices. “The state only has one goal in mind and that is to centralise health care in its entirety. In its latest regulations it even goes so far as to threaten the right of ownership that vests with practices through the implementation of its certificate of need. With this the state wants to appropriate the sole right to itself to decide who may provide health care and what healthcare may be provided,” said Krüger.
34 min
1452
Charl Botha gesels met Wilhelm Hertzog van Roze...
York Timbers is 'n maatskappy wat deesdae heelwat aandag op die aandelebeurs geniet. In die potgooi verduidelik Wilhelm Hertzog van Rozendal Partners watter faktore York se waarde dryf
22 min
1453
China: Ying or Yang?
In this short and insightful interview, Paul Whitburn of Rozendal Partners argues that economic reality may finally be catching up to the Chinese economic miracle
7 min
1454
Going Nuclear: Option or Necessity?
Paul Whitburn of Rozendal Partners explains why they they think the nuclear industry is a good investment place to be, and suggests that Cameco is not a bad place to get such nuclear exposure.
28 min
1455
BizNews Power Hour -19 Aug. Piet Viljoen co-hos...
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen talking stocks; NEASA representative - Gerhard Papenfus; putting a new spin on rugby referee decisions with Dugald Macdonald, John Dludlu on SMEs and the BizNews Power Hour team.
60 min
1456
Flash Briefing: 80% of South Africans may have ...
News headlines:
*As many as four out of five South Africans may have contracted the coronavirus, indicating that the country may be one of the world’s hardest-hit nations by the disease.
*From Friday all adults in SA will be eligible to register for a Covid-19 vaccination, cabinet confirmed on Thursday.
*South Africans may be required to contribute up to 12% of their earnings to a new government-backed fund, according to a new proposal from the Department of Social Development.
Counterpoint Value Fund manager Piet Viljoen joins BizNews founder Alec Hogg with a wide variety of talking points on the agenda. BizNews portfolio constituent Wilson Bayly Holmes released an upbeat earnings guidance to the market with Viljoen confirming that the outlook for the construction counters looks more positive than it has of recent years. That's including Aveng, who Viljoen has been bullish on since the share was a mere 2 cents. Apart from unpacking Standard Bank's results and outlining the importance of the health of the financial sector to the general economy, Viljoen walks us through what an average day in the life of a fund manager is during earnings season.
13 min
1458
Following social unrest and looting, businesses...
Gerhard Papenfus is the chief executive of the National Employers' Association of South Africa (NEASA). Representing businesses of all sizes and in all industries, Papenfus says he thinks the organisation is "a good mirror of the economy," with a mix of large, medium and small businesses. He joined BizNews founder Alec Hogg to discuss how the businesses which NEASA represents feel after SA's month of shame. Papenfus also weighs in on how businesses are feeling in the wake of the looting and civil unrest.
30 min
1459
FNB CEO Jacques Celliers on avoiding brain drain
Brain drain - the emigration of skilled South Africans - has become more and more prominent over the last couple of decades. After the civil unrest in July - even more people started grappling with the uncertainty that staying in South Africa presents. FNB, along with many other businesses in the market, have reignited a call for the private and public sectors to prevent ‘brain drain’ by investing in high-quality critical skills in domestic markets. BizNews interviewed Jacques Celliers, the CEO of FNB, to find out more about the brain drain challenge that South Africa faces and the ways in which young South Africans can equip themselves with critical skills.
13 min
1460
'Governments intentions with the pension fund a...
Brenthurst Wealth Management co-founder and Wednesday's regular BizNews co-host - the hard hitting Magnus Heystek gives us the ugly truth about retirement annuities. Worse, the government have made amendments to the regulations that make it troublesome to access your pension in the event of emigration. Heystek says he rarely advises retirement annuity like products to his clients, due to its illiquidity as a financial instrument. He also lambasts the front that many of South Africa's largest financial institutions put on when it comes to the tax benefits of these products, outlining that the benefits simply do not outweigh the costs.
17 min
1461
BizNews Power Hour - 18 Aug. Heystek co-host; J...
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Magnus Heystek; Cape Independence Party bid for Independent State - Jack Miller; FNB CEO Jacques Cilliers on brain drain in SA; CEO of the A2X Kevin Brady discusses record volumes on the JSE and the BizNews Power Hour team.
59 min
1462
The JSE's mishaps highlight the need for increa...
Chief executive of South Africa's challenger exchange, the A2X, Kevin Brady joins the BizNews team on a day where trading has been suspended for more than five hours on the JSE. Yesterday's record volumes, where over R140bn was traded mainly as a result of the rebalancing taking place in the wake of the Naspers/Prosus share swap, was the reason for the significant delay. Kevin highlights this as one of the key reasons for the need for competition in the South African market, in order to avoid events like these being the catatrasophe it has turned out to be. Kevin blames the delay on the BDA systems in use at the local bourse, which were written more than 30 years ago. JSE aside, Kevin talks about the growth prospects and runway ahead for the A2X.
News headlines:
*Eskom is considering buying a fleet of electrically powered light delivery vehicles, according to its CEO Andre de Ruyter.
*National Treasury says it is working through the nuts and bolts of the planned policy changes to allow the early withdrawal of retirement savings.
*The ANC runs the risk of failing to register its candidates to contest this year’s municipal elections by the August 23 IEC deadline, as staff refuse to work overtime and at weekends due to outstanding salaries and other benefits.
2 min
1464
"It's blindly obvious to everyone living in the...
Recently, Phil Craig of the Cape Independence Advocacy Group spoke to BizNews about the growing support behind the independence movement. While it remains a hot topic, research has found that 58% of people at least want a referendum on Cape independence. Speaking to Alec Hogg, Craig said "46.2% of registered voters in the Western Cape now want Cape independence outright." Craig also noted that most people in the Western Cape are not aware of how bad things are in the rest of the country. However, the recent riots and civil unrest that rocked KZN and parts of Gauteng has opened their eyes to where South Africa may be heading. Echoing this sentiment is Jack Miller, the founder of the Cape Independence Party. Founded in 2007, the political party was started from a "complete and utter disillusionment with the country." Miller told the BizNews Power Hour that "the Cape has been largely insulated to a lot of the destruction seen in other parts of South Africa. I think that it's now becoming blindly obvious to everyone living in the Cape that there is no future for South Africa."
30 min
1465
'It shows democratic change is possible through...
In an impressive landslide victory, opposition leader Hakainde Hichilema finally overtook incumbent Edgar Lungu in Zambia's presidential election, reports Reuters. This is also the "third time that power has shifted peacefully from a ruling party to the opposition since the southern African country's independence from Britain in 1964". According to the report, celebrations will be short-lived as Hichilema - a former CEO at an accounting firm before entering politics - now faces the task of "trying to revive Zambia's fortunes". John Steenhuisen of the Democratic Alliance joins BizNews founder Alec Hogg to give his view of the election result. Like former DA member Herman Mashaba, he feels it could be a positive omen for South Africa's own political future. "We're really excited about what his victory means, not only for his country, but I think for other opposition parties on the continent."
10 min
1466
People trusted the ANC like I did - and now the...
Against all odds, Zambian opposition leader Hakainde Hichilema won the national election in Zambia in a landslide victory against incumbent President Edgar Lungu. Hichilema, known as HH, failed to win the presidency on five previous attempts. Zambia became Africa’s first pandemic-era sovereign defaulter in November when it stopped paying interest on its Eurobonds and other loans. Hichilema’s surprise victory by almost 1 million votes with nearly 60% support is a clear sign that Zambia’s citizens are in desperate need of change and prosperity - promises which secured Hichilema’s ultimate rise to power. In light of this victory, BizNews founder Alec Hogg caught up with ActionSA founder Herman Mashaba - an underdog that many South Africans hope might be this country’s saving grace. Regarding President Ramaphosa’s recent cabinet reshuffle Mashaba called a spade a spade saying that, ‘he's demonstrated beyond any reasonable doubt that his preference and his agenda is the unity of the ANC ahead of South Africans. He's demonstrated [this] with the recycling of his cabinet after the insurrection.’
12 min
1467
'You want to listen to what Michael Burry has t...
Steven Nathan is the BizNews Power Hour's regular Tuesday co-host, with the 10x founder sharing his rational opinion on topical political and investment related news. Nathan unpacks what the potential turnaround of Transnet could mean from a broad business perspective, with a number of industries relying on the ports being efficiently run. He also provides fascinating insights into the Zambian elections, which was won in a landslide by the opposition party, and what knock on effects this could have for the upcoming elections in South Africa. Lastly, Michael Burry shorting Cathie Wood's flagship Ark Innovation ETF finished off the discussion, with Nathan stating that Burry is a very respected person within the global investment fraternity. 'You want to listen to what Michael Burry has to say'.
13 min
1468
Transnet looking to the private sector is a ste...
Francois Nortje joined the BizNews Power Hour to discuss the recent statement from Transnet. CEO Portia Derby announced that the SOE will be seeking private sector partners to purchase stakes in two container terminals, Durban and Ngqura - two of the world's worst performing ports. Speaking to Bloomberg, Derby said that the plan is “really important for improving the performance of our port system." Nortje joined BizNews founder Alec Hogg to discuss what the privatisation of Transnet would mean, how much investment would be required and how it would work.
17 min
1469
BizNews Power Hour 17 Aug. Nathan co-host; DA's...
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan; DA'sJohn Steenhuisen and Action SA's Herman Mashaba speak on Zambia's new president and the future of SA inn the ruling party's hands; Francois Nortje on Transnet's move to private and the BizNews Power Hour team.
59 min
1470
Flash Briefing: vaccine hesitancy stats in SA; ...
News headlines:
*Vaccine hesitancy is most pronounced among White adults in South Africa, which is struggling to keep immunisation centers busy just three months into the rollout of its inoculation program, a survey showed.
*Defence force commander-in-chief President Cyril Ramaphosa says 10,000 soldiers will remain on SA's streets until mid-September, in the wake of recent violent civil unrest.
*The department of international relations and co-operation says contact has been made with a number of South Africans in Afghanistan, to ensure their safety after Taliban insurgents entered the country’s capital, Kabul, at the weekend.
2 min
1471
Putting a new spin on rugby referee decisions -...
This year's Lions Tour has raised concerns about referee calls and the extended time spent on TMO (Third Match Official) investigations. While other sports, like cricket and tennis, have benefitted from technology like Hawk-Eye, the oval shape of a rugby ball has made the application of this technology more difficult. But two UCT graduates, Dugald Macdonald and Peter Husemeyer, believe they can change this. They have founded a tech company called Sportable, which uses portable and scalable data collection to try and fill rugby's ball-tracking hole. Co-founder Dugald Macdonald told BizNews that they wanted to improve the flow of the game with their ball and player-tracking technology.
15 min
1472
BizNews Power Hour - 16 Aug. Shapiro co-host; M...
In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host David Shapiro; SAFCEI pleads with Gates Foundation; TreasuryOne's Andre Cilliers on the rand; Peter Major on Sasol, Northam and Impala Platinum results and earnings guidance, and the BizNews Power Hour team.
59 min
1473
'New Minister of Finance is good for SA' - Trea...
In this Currency Focus, TreasuryOne currency strategist Andre Cilliers once again gives us the lowdown on the rand's movements. He believes that a new Minister of Finance is positive news for SA. "I think Mr Mboweni had sort of lost a little bit of interest," he says. "He had always said that he does not want to be in that position anymore. Now, when somebody doesn't want to be in a position anymore, then I don't think that the position actually gets the attention that it should be getting."
12 min
1474
Flash Briefing: JZ hospitalised; stakes in Tran...
News headlines:
*Former President Jacob Zuma, currently serving a 15-month jail term for contempt of court, has undergone surgery for an unspecified condition, and is due to have further procedures carried out in coming days.
*South Africa’s state-owned ports and rail company is seeking a partner to take stakes in two container terminals to boost efficiency and strengthen ties with global trade routes.
*SARS’s Criminal and Illicit Economic Activities division has reportedly traced stolen VBS money through two front companies into EFF deputy leader Floyd Shivambu’s FNB Private Wealth bank account and is demanding R28.2 million from his brother Brian Shivambu.
2 min
1475
David Shapiro on Sasol, Naspers and the effects...
David Shapiro joins the BizNews Power Hour all the way from Boston, Massachusetts. The Chief Global Equity Strategist of Sasfin Securities touches on the mood surrounding Afghanistan in the US, and comments on how Covid-19 has affected businesses in the Big Apple. Together with Alec Hogg, Shapiro weighs in on Sasol - who’ve recently released their results - and Naspers/Prosus, who recently concluded their share swop.