Flash Briefing: Sibanye: New value in gold; Sum...
Sibanye says it is finding new value in gold. Further afield, Former US Treasury Secretary Lawrence Summers sounds a warning against inflation. SA companies release mixed results.
3 min
2102
Carrie’s Corner: Gerard Holden of Holden Manz -...
Gerard Holden joins Carrie Adams in her wine corner. Together with his partner, Migo, the couple searched for something with ‘amazing, beautiful landscapes’ and settled in Franschhoek. Together they founded Holden Manz, an award-winning winery. He tells Carrie about the decade-long journey of the gorgeous winery and the battles the industry faced with Covid-19 restrictions.
26 min
2103
'In the end, we’ve got comfort that the right t...
Jacques Celliers, CEO of First National Bank, spoke to Jackie Cameron of BizNews about FNB's performance after releasing results. Normalised profits were down, but return on equity was up 30%. Celliers also gives insights into FNB's outlook on the looming land expropriation bill and what that could mean for property owners.
11 min
2104
If I were in Jooste's shoes, I'd fly to Germany...
Paul O'Sullivan, the corruption-busting entrepreneur and founder of Forensics for Justice, joined the BizNews Power Hour to weigh in on Markus Jooste, the former Steinhoff CEO who has been charged with fraud in Germany. O'Sullivan will be speaking about State Capture at the annual BizNews Investment Conference, on 17 March 2021.
Wine Expert Carrie Adams chats with Nora Thiel, daughter of the legendary Michael Hans 'Spatz' Sperling, about her pioneering father and his amazing story in the SA wine industry.
22 min
2106
BPH: O'Sullivan on Jooste; Trellidor CEO; Ken F...
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by Forensics for Justice founder Paul O'Sullivan on Markus Jooste, Trellidor CEO Terry Dennison, wine guru Ken Forrester and the BizNews team.
59 min
2107
Inside Covid-19: Deep insights on pandemic, wit...
South Africa was the first country to roll out the Johnson & Johnson vaccines. Earlier this week, President Cyril Ramaphosa said 80,000 J&J vaccines have arrived as the mass vaccination programme gets underway. The single-dose vaccine has shown to be effective in preventing moderate and severe disease from South Africa's dominant coronavirus variant with an efficacy of 57% in trials conducted in South Africa. We hear from Johnson & Johnson CEO Alex Gorsky about the J&J vaccine which has been cleared by regulators in the US and is working on ramping up production to boost global supplies. Also coming up, we hear fascinating insights on the pandemic from the inside of Discovery Life, with CEO Riaan van Reenen. He shares what Discovery's data on claims tells us about the real rate of Covid-19 and what the Life assurer's actuaries have forecast if there is a third wave at Easter. MUST LISTEN!
41 min
2108
Flash Briefing: SA misses vaccination target; N...
South Africa's government expects up to 7 million Covid-19 vaccines before June, but it is falling short of its current vaccination target. EOH has cancelled its AGM and asset manager Ninety One has sold its stake in Tongaat Hulett
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by the CEO of the Huge Group James Herbst, Sable International director Andrew Rissik, CEO of First National Bank Jacques Celliers, Professor Eli Schwartz on Ivermectin and the BizNews team.
58 min
2110
Flash Briefing: Jooste charged in Germany; Firs...
Markus Jooste has been charged with accounting violations in Germany. FirstRand has declared the first dividend since the SARB lifted its suspension on payouts and scientists are using SA Covid-19 strain data to improve vaccine efficacy.
2 min
2111
'There is proof of stage 4 cancer patients bein...
Known for his involvement in South African rugby, the CEO of Labat Africa, Brian Van Rooyen is moving into the ever-growing cannabis industry. He told BizNews Power Hour anchor Jackie Cameron about plans to launch CBD-infused energy drinks. Speaking about the debated medicinal effects of cannabis, Van Rooyen told BizNews about studies done by BioData that have proven the efficacy of cannabis on cancer patients. 'There is proof that [they] have run studies on stage 4 cancer patients that have been healed'.
7 min
2112
Emerging tech stocks - which ones are "frothy"?...
CEO of the Foundation for the Study of Cycles, Dr Richard Smith, joined the BizNews Power Hour to discuss emerging tech stocks. Investment guru Ray Dalio has warned that some stocks are in ‘extreme bubbles – particularly emerging technology companies’. Dr Smith says 'I think Dalio is talking about smaller stocks.' Smith also gives his thoughts on cryptocurrency. 'For somebody who has been in bitcoin for a while, it's a good time to be taking some profits.'
13 min
2113
BPH: Tech bubble; SA hospitality industry; Cann...
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by the Chairman of the Foundation of Cycles Dr Robert Smith, Ocean Basket CEO Grace Harding, independent analyst Chris Gilmour; CEO of Labat Africa Brian Van Rooyen, CEO of Hyprop Investments Morne Wilken and the BizNews team.
60 min
2114
Flash Briefing: ARM earnings at record high; ci...
South African civil servants want increases of more than double the inflation rate while Kuben Naidoo says policy paralysis put SA in its longest slump since WWII. African Rainbow Minerals hits an earnings record.
2 min
2115
Bullish on bitcoin? Financial advisor Dawn Ridl...
Dawn Ridler, of Kerenga Wealth Ecology, joined OVEX CEO Jon Ovadia to discuss the controversial cryptocurrency, bitcoin. Ridler notes that the cryptocurrency is to be regulated in South Africa, which means that financial advisors will be able to advise on bitcoin.
Re:CM founder, deep value investor Piet Viljoen will be delivering a keynote address at the inaugural Biznews Investment Conference on March 16 to 19. In this podcast he provides perspective on Warren Buffett's latest letter to shareholders - and explains how he uses his insights to uncover undiscovered gems on the JSE, including the four he will be sharing at the Conference.
7 min
2117
'We understand the need for expropriation and l...
DA MP Samantha Graham joined the BizNews Power Hour to discuss expropriation without compensation. She told editor at large Jackie Cameron that the expropriation bill is being sold 'as a panacea to deal with the ill's of land reform - which is not the case' Graham also added that 'they are sneaking in clauses around expropriation without compensation that are really going to impinge on private property rights'. Also weighing in on the subject is Dawn Ridler, who is concerned about foreign direct investment. 'A lot of our trade deals have embedded property rights and if we start eroding those rights some of those trade deals could go away.'
11 min
2118
Flash Briefing: WBHO turns a profit; Spur strug...
Company results reveal mixed fortunes for SA firms while Steinhoff works to settle lawsuits and Fissantekraal airport has new owners and a new name.
2 min
2119
BPH: Crypto currencies; Reg 28; Covid-19 and lo...
In this episode of the BizNews Power Hour, host Jackie Cameron is joined by independent financial advisor Dawn Ridler; Crypto currency executive Jon Ovadia; Samantha Graham of the DA; and author Brian Pottinger with contributions from Bill Gates, Nick Hudson, Anthea Jeffrey and the BizNews team.
59 min
2120
BizNews Conference: PANDA's Nick Hudson - unapo...
PANDA co-founder Nick Hudson is a keynote speaker at the 2021 Biznews Investment Conference from March 16th to 19th at Champagne Sports resort in the Central Drakensberg (more details here: https://www.biznews.com/biznews-investment-conference). He has also been in the news after an attack on him personally and PANDA as an organisation, published by the Daily Maverick website - which he says refused him a right of reply. In this hard hitting response, Hudson offers his side of the story and shares what he intends sharing with delegates at the BizNews Conference.
23 min
2121
'We want to build the Lanseria Airport of Cape ...
Joining the BizNews Power Hour was Rob Hersov, the South African businessman who is widely known for his outspoken views on South African politics. He spoke with Jackie Cameron and Alec Hogg, detailing his exciting SPAC that has been listed in the NYSE. In a BizNews exclusive, Hersov also revealed that he has purchased Fisantekraal Airport that he hopes to transform into 'the Lanseria of Cape Town'.
2 min
2122
Gerrie Fourie, trailblazer of SA banking, celeb...
Founded 20 years ago, the rate at which Capitec has grown beggars belief. The 1st of March saw the retail bank celebrate its 20th anniversary, and joining BizNews for an interview on this phenomenal achievement was Gerrie Fourie, CEO of the banking giant.
11 min
2123
BPH: Heystek on Reg 28; Hersov on his SPAC; Cap...
In this, the inaugural episode of the Biznews Power Hour, anchor Jackie Cameron updates the day's business news with guests Magnus Heystek, Gerrie Fourie, Rob Hersov, Piet Viljoen, Kokkie Kooyman and the Biznews team.
61 min
2124
Flash Briefing: Sarkozy convicted of corruption...
Former French President, Nicolas Sarkozy has been convicted of corruption for bribing a magistrate. Bidvest releases strong numbers and SA PMI shows an uptick. President Ramaphosa announces policy plans to tackle corruption in public service.
3 min
2125
Turning the lights on in Africa - Mike Heyink, ...
Doing business in the countries north of our borders can sometimes be challenging. Unstable politics, a lack of infrastructure, skilled workers, and a low-income consumer base being just a few. These are some of the challenges that Cape Town online energy start-up platform faced when they tried to enter the solar energy market in rural Malawi. There was clearly a huge problem to be solved with just more than 10% of the population with access to electricity and households earning only $2 -3 dollar a day. But after initial hiccups, with a local partner they have grown their customer base to 50 000 people, set up a network of agents, attracted grant funding and a subsequent Series A equity investment of U$3.3 million. Now, they are eyeing expansion into other African countries. The CEO and Founder of Yellow, Mike Heyink told BizNews that there are upsides into tapping into Africa’s young and growing populations and enabling entrepreneurs to flourish.