Ted Black - an independent thinker and author of "Who Moved My Share Price?" - joined the BizNews Power Hour for a discussion with BizNews founder Alec Hogg. Black, who is regularly published on BizNews, discussed his latest article which tackled the relationship between Prosus, Naspers and Tencent.

Corion Capital (ex-Brait multi-management) releases a monthly report which includes asset class and fund performance returns. The detailed report is a great high-level summary of performance. David Bacher, the CIO of Corion Capital, formed part of last night's BizNews Power Hour to discuss the winners and the losers for the month of May.

Purple Group founder Mark Barnes is selling his 17.5% share in the company. Barnes unpacks the deal for the BizNews Power Hour, telling host Alec Hogg that he will remain a significant investor in Purple Group.

Local and offshore market movements and recap for the day.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Magnus Heystek, Purple Group major shareholder Mark Barnes, David Bacher chief investment officer of Corion Capital and Ted Black, as he discusses the value destruction in PPC and the poor capital allocation decisions of the Naspers management.

* The South African National Roads Agency, Sanral, has spent an estimated R5.3 billion on trying to recover e-tolls from motorists who are unwilling and unlikely to pay, reports MyBroadband.co.za. * Cash-strapped power utility Eskom declared a dispute with three unions on Wednesday after wage talks reached an impasse. * Gold Fields’ plans to build a solar power plant at its South Deep gold mine southwest of Johannesburg will reduce exposure to national utility Eskom, improve reliability and lower costs, Martin Preece, executive vice president for South Africa, told The Africa Report. * Shoprite Holdings, Africa’s largest food retailer, has sold its Nigerian operations to local investors 16 years after it opened its first outlet in the continent’s most populous country.

Capitec’s chief executive Gerrie Fourie formed part of last night’s BizNews Power Hour, outlining the reasoning behind shareholder backlash over the implementation of the remuneration policy, which was voted down by shareholders at the company’s annual general meeting last week. Executive remuneration is always a touchy subject. It becomes extra-touchy when many of the country, including the lion’s share of Capitec’s customer base, are experiencing financial hardships. For most, the issue is that of principle. However, Capitec has been the best performing business in this country over the past 20 years, creating significant value for shareholders since the start of the millennium.

The first needs-matched life insurer - BrightRock - celebrated a 10 year milestone and joined Alec Hogg for last night's BizNews Power Hour. The founders; Schalk Malan, Sean Hanlon and Suzanne Stevens came into the studio to look back at their beautiful journey. "We have a clear mission, which is about enabling people to navigate big changes in their lives" - Suzanne Stevens.

WeBuyCars is the biggest car-buying service in South Africa. In September, Transaction Capital bought 49.9% of the business from the van der Walt brothers. Faan van der Walt joined the BizNews Power Hour to chat about the deal and told host Alec Hogg about the beginnings of the company.

Professor Piet Naudê, die voormalige hoof van die Universiteit van Stellenbosch se besigheid skool, gesels oor verskillende maniere om die etiese waarde van politieke en besigheid praktyke te evalueer. Ons gesels oor China, oor “stake-holder versus shareholder capitalism”, en of die mens meer eties word.

Local and offshore market recap for the day.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan, BrightRock founders Schalk Malan, Suzanne Stevens and Sean Hanlon, and Capitec CEO Gerrie Fourie.

“Gold is heading for its biggest monthly gain since July as inflation remains the key focus,” Ole Hansen, head of commodity strategy at Saxo Bank A/S, said in a note. Mining veteran Peter Major and David Melville joined Alec Hogg on last night's BizNews Power Hour to share their expertise on gold and its behaviour in the market.

Neal Froneman, CEO of Sibanye-Stillwater, says a failure to move to greener energy could see South Africa’s mining products shunned globally. In this clip Froneman explains exactly what he means by this, he was on the BizNews Power Hour and said "soon, if platinum-group metals, iron ore or gold are produced by carbon-intensive electricity, we’re not going to be able to sell our products because the world has gone green and is going greener every day”.

* South Africa’s official unemployment rate rose to a new high in the first quarter as the construction and trade industries shed jobs, says Statistics SA. * The World Health Organisation has changed the way it names Covid-19 variants in an effort to de-stigmatise some countries. * South African miner Sibanye-Stillwater says it will buy back up to 5% of its shares in the market. * Median pay reached $13.4m for chief executives of the biggest US. companies in 2020, setting a fifth straight annual record/ in a year when businesses and their leaders battled a global pandemic, says The Wall Street Journal.

Top disruptors in their respective industries, Neal Froneman and Faan Van Der Walt joined the BizNews Power Hour to share on their entrepreneurial drive, passion for business and determination to succeed. Froneman, who is the CEO of mining giant Sibanye-Stillwater, started from the ground-up. " "I put myself through university buying and selling used cars", remarked the CEO.

Cape Town properties that combine the space and privacy of apartments with the conveniences and luxuries associated with upmarket hotels are attracting a lot of interest from real estate investors and business and holiday travellers. In this podcast, Hugo Venter of 12Cape shares the details of a 12J investment opportunity that takes advantage of the demand for sectional title properties that boast sea and mountain views. Time is running out to use the tax deduction associated with 12J schemes, with the tax incentive ending in June. Register your interest at BizNews.com.

Jaco Gerber of Futureneers Capital, experts in 12J investment opportunities, shares the details of a fund that generates returns through income-generating solar power schemes. He says the first step is to choose your asset; step two is to identify the best funding method. Futureneers facilitates funding, including through offshore investments.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host David Shapiro, Sibanye Stillwater CEO Neal Froneman, We Buy Cars founder and CEO Faan Van Der Walt, and Peter Major and David Melville on the gold price and how to take advantage of it.

* South Africa has tightened up measures aimed at curbing the spread of Covid-19. * South Africa, forecast to have one of the slowest economic recoveries in the world, is unlikely to recover before 2025, according to the to the Organisation for Economic Co-operation and Development. * In markets from South Africa to Mexico and South Korea, traders are penciling in a faster pace of interest-rate hikes than what economists say is currently warranted based on the inflation outlook. * South Africa’s central bank governor has entered the fray over pupil diversity at schools.

We are indeed living in unprecedented times. The abrupt advent of Covid-19 was, however, only the beginning. What followed was an anomalous sequence of events that have irrevocably changed the way we live. Dr Nathi Mdladla, does a deep dive into the relentless vaccine race – despite the numerous setbacks which have been encountered in relation to the vaccines. Dr Nathi Mdladla raises those tough but salient questions that have been sidelined. Dr Mdladla joined the BizNews Power Hour on Friday to chat more on our new norm and said ‘Irrespective of what happens, the sad ongoing problem is where science gets ignored for political expediency, which will be the real failure that most governments will be judged for in time in this pandemic’

Standard Bank, a South African headquartered multinational, said this week that a stronger rand drove its revenue down in the first four months of this year. Why is it blaming 'currency effects' for its four-month revenue hit? Joining Jackie Cameron, for BizNews, to discuss a question that shareholders should be asking, as well as factors influencing the value of the rand, is Andre Cilliers, currency strategist at TreasuryONE. *This podcast is proudly brought to you by TreasuryONE.

The MEC of transport in Gauteng announced that e-tolls are a thing of the past last week. Wayne Llewellen Duvenage is the CEO of the South African corruption-fighting civil action organisation,(OUTA ), which has been very outspoken on the corruption surrounding e-tolls. He joined the festive Friday episode of the BizNews Power Hour to unpack what this means for OUTA. Wayne said they welcome the announcement by the MEC but will not celebrate until the Transport Minister speaks.

Festive Friday BizNews Power Hour features a review of the big stories of the week - Covid-19 vaccines, Gauteng e-tolls with OUTA CEO Wayne Duvenage - and in Carrie's Corner the inimitable Carrie Adams talks to Michael Fridjhon and Nicky van der Walt.

Minister Ncube was appointed Finance Minister of Zimbabwe on Friday 7 September 2018 under President Emmerson Mnangagwa's government. With his expertise and guidance - there is renewed hope for a new economy for Zimbabwe. Minister Ncube joined the BizNews Power Hour to share his new role and plans for the Zimbabwean economy, stating that 'Zim's new economy will attract foreign investors as the old law of indigenisation by former Zim president Mugabe has been amended to be more inclusive'.