In episode ten of the Inside Investing podcast, a breakthrough for SA savers as the Reserve Bank abolishes the 30% cap on the foreign component of retirement annuities; we hear from the CEO of overlooked JSE-listed small cap 4Sight Holdings; also from Anchor Group founder Peter Armitage, who explains the rationale why the group’s shares are being delisted from the JSE; and then Hermann Pretorius of the explains why the independent brains trust is raining on Cyril Ramaphosa’s international investment parade.

* In a massive victory for the thousands of smaller hospitality and tourism businesses forced to shutdown in the Covid-19 lockdowns, the Western Cape High Court judgment has ordered insurance giant Santam to pay a hotel group’s claims in full plus legal costs * President Cyril Ramaphosa has had a call with US President-Elect Joe Biden on Tuesday evening, 17 November 2020, during which the leaders discussed ways to strengthen US-Africa relations and overcome the COVID-19 pandemic. * An offshore cap has been lifted for Exchange Traded Funds, removing one of the biggest drivers of financial emigration. * South Africa-born tech giant Elon Musk's net worth jumped more than $15 billion after it was announced that Tesla would join the S&P 500, which would push him past Mark Zuckerberg to become the world’s third-richest person.

In a precedent-setting judgement heard earlier this week, the Western Cape High Court ruled in favour of Ma-Afrika Hotels and Stellenbosch Kitchen against insurance beast Santam. It's a victory worth celebrating, but Insurance Claims Africa CEO Ryan Woolley warns that the fight isn't over yet.

Women in South Africa bear a disproportionate burden of the HIV pandemic. According to UNAids figures, of the more than 7.7 million adults living with HIV in South Africa, 62.7% are women and new HIV infections among young women aged 15-24 were more than double than those among young men. It’s for this reason that a group of Southern African young women were chosen for a study, known as the HPTN084 trial, headed by a research professor at the University of the Witwatersrand, Dr Sinead Delany-Moretlwe, to trial an injection called cabotegravir that is manufactured by Viiv Healthcare. The jab administered every eight weeks was found to be more effective than a daily pill to prevent HIV infection. Dr Delany-Moretlwe told BizNews that this breakthrough was a very important additional HIV-prevention option for women, and it could potentially cut the cost of the HIV burden for the country. According to UNAids data from 2019, South Africa, the largest consumer of generic anti-retroviral drugs in the world, is spending $1.54 billion (R24 billion) annually to run its HIV-programmes.- Linda van Tilburg Well, we're very excited about this result because I think it's a really good news story for women. What we were able to show, is that an injection every eight weeks is nine times better than a daily oral pill in preventing HIV infection in women. We think the reason for this is that the injections have overcome a lot of the barriers that women experience to taking a pill a day. There's the obvious sort of habit issue, but in addition to that, I think women in particular experience a lot of social pressures. There have been lots of reports of women experiencing stigma because they're presumed to be HIV- positive and maybe people who make judgments about their sexual activity. I think they get pressure from partners who think they may be bei

'It's this weird paradox trying to attract investment, while promising investors that their investment won't be safe.' Head of Strategic Initiatives at the IRR Hermann Pretorius speaks to BizNews founder Alec Hogg about the latest annual investment conference, hosted by President Cyril Ramaphosa. Pretorius outlines why South Africa is 'not an investment friendly environment.'

In the mid-term Budget Finance Minister Tito Mboweni dropped a silent but violent bombshell. The 30% cap on the foreign component of retirement funding has effectively been lifted - if they wish South Africans can now effectively invest 100% of their savings in foreign assets. In the light of continued poor returns from SA investment markets, the change removes one of the key drivers of financial emigration by those with the means to do so. In this podcast, financial heavyweights Magda Wierzycka of Sygnia and Magnus Heystek of Brenthurst explain the implications - and why they regard this as a major breakthrough for savers.

*The BLA has settled its spat with Malema over his choice of lawyer. *The University of Witwatersrand study says Covid-19 deaths are under reported. *SA's fibre network has received an investment boost. *Telkom's Sipho Maseko speaks candidly about the SOE's past. *President Cyril Ramaphosa emphasises the importance of investing in science and technology for SA and its BRICS partners.

The nationwide lockdown, which brought several industries to a standstill, forced three South African women to leave their comfort zones in order to make ends meet. BizNews journalist Claire Badenhorst spoke to Clare Tennant, Jana Aspeling and Claire King to find out how they launched successful businesses in a poor economic climate.

Paul O’Sullivan is an Irish-born crime fighter with the corrupt and the captured in his line of sight, refusing to rest until he sees them behind bars. Recently, he released an open letter to former SAA chairperson Dudu Myeni – who has featured prominently at the Zondo commission into state capture, warning her of his intentions, with one line of the statement reading ‘prison awaits you!’ The country has been looted, with corrupt government officials and business people leaving little behind. In a positive development, a spate of arrests has been made showing, hopefully, that the country is heading in the right direction. One example is the arrest of ANC secretary-general Ace Magashule. Still, O’Sullivan reckons we have a long way to go. Listen to the full interview with BizNews founder Alec Hogg, from the Rational Radio webinar this week.

* Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ can’t celebrate. * Vodacom reinstated growth targets based on an expected economic recovery from the Covid-19 crisis in 2022. * The Ahmed Kathrada Foundation says Jacob Zuma is grasping at straws in an effort to play the victim as he applies for Zondo to recuse himself. * First-time buyers continue to snap up properties, with a high percentage buying property for the first time in the Free State. * US stock futures rose on positive study results from another potential Covid-19 vaccine.

In a recent episode of Inside Investing, BizNews founder Alec Hogg spoke with Robert Paddock, chief executive of the Valenture Institute. Paddock told BizNews about the newly formed partnership with St Stithians, the prestigious school situated in Johannesburg. This new alliance will allow students to enjoy the benefits of a St Stithians education remotely, along with many other advantages. Listen to the full interview below. – Jarryd Neves

- The court appearance of ANC secretary general Ace Magashule, the highest profile politician arrested in connection with state capture on Friday has been viewed favourably overseas. - Former President Jacob Zuma last ditch effort to avoid re-appearing before the Zondo Commision of inquiry into state capture will be heard on Monday. - Budget supermarket chain Choppies is back on the Johannesburg Stock Exchange. - Eskom is working on a plan aimed at net zero greenhouse gas emissions by 2050. It marks a dramatic shift for the utility that uses fossil fuel for roughly 90% of power production.

Discovery Health's head of Clinical Policy, Dr Noluthando Nematswerani tells BizNews how Discovery is helping it's members prepare for the arrival of the Covid-19 vaccine in South Africa. Nematswerani says experts expect the vaccine to arrive by at least mid 2021.

In today's business headlines: • South Africa’s official unemployment rate has risen to 30.8% returning to a 17-year high in the third quarter. • European businesses have indicated that they are delaying investment in South Africa because of poor power and water supply and the costs of complying with Black economic empowerment legislation. - The Democratic Alliance has suffered losses in this week’s nationwide local elections losing 7 wards to the ANC, Patriotic Alliance, Al Jama-ah and the Good party. It includes three seats that were taken in the City of Johannesburg, and Patricia de Lille’s Good party took a seat in George from the DA. - Former President Jacob Zuma has filed an application for Judge Raymond Zondo’s recusal in another attempt to avoid appearing before the commission investigating state capture.

In episode nine of the Inside Investing podcast, an assessment of what the new US president will mean for South African investors; we hear from Gerrie Fourie, CEO of SA banking’s success story called Capitec; get the back story to news that Johannesburg’s famous St Stithians is to partner with SA's online high school disruptor Valenture Institute; hear what the market-boom-causing Pfizer vaccine really means; and understanding the appeal of the direct listings, the new challenger to IPOs which have become the in-thing on the NYSE.

In this episode of inside Covid-19, we have special interviews for you with medical experts of global standing. First up, we speak to Dr Jay Bhattacharya, a professor of medicine at Stanford University. Dr Bhattacharya is one of the driving forces behind the Great Barrington Declaration, which calls for a rethink on lockdowns and an ‘intelligent’ approach to protecting the vulnerable. He has taken a lot of flak from government advisors and others, but is pursuing his commitment to Focused Protection because his conscience won’t allow him to do otherwise. Dr Battacharya’s message resonates with South Africa’s business leaders. B4SA this week urged President Cyril Ramaphosa to resist the temptation to tighten up lockdown restrictions to save SA from further economic destruction - which ultimately will lead to more hardship. And, BizNews spoke to Professor Shabir Madhi, a highly respected Vaccinology expert, at the Witwatersrand University on the latest developments in the race to vaccinate SA against Covid-19. We also hear from Dr Noluthando Nematswerani, Discovery Health’s head of Clinical Policy, about how the company is helping its members prepare for vaccine delivery - expected in South Africa next year.

President Cyril Ramaphosa has outlined a sharp rise in Covid-19 cases in the Eastern Cape and pockets of the Western Cape. He hinted that tougher restrictions would have to be implemented if we don't start wearing masks and encourage employees and friends to download the tracing app. But, he eased restrictions to help businesses dependent on alcohol, fun and travel. Listen to his full statement.

* The ANC is making an exception for its secretary general Ace Magashule - who does not have to step down even though a warrant has been issued for his arrest in connection with corruption. * The Pfizer vaccine will get to rich people in the urban areas of rich countries first. * The United Nations called on Mozambique to investigate reports that militants linked to Islamic State have massacred villagers and beheaded women and children, says Reuters. * Holders of Zambia’s dollar-denominated bonds must accept steep write-downs to allow the copper producer, which is set to see Africa’s first pandemic-era sovereign default, regain its footing, a leading debt relief campaigner said on Wednesday

An arrest warrant has been issued for former Free State Premier and current ANC secretary-general Ace Magashule. Arrests surrounding the R255-million asbestos scandal were made just last month, with corruption-accused businessman Edwin Sodi arrested for his alleged involvement in the procurement of government funds. Since 2015, DA representative Leona Kleynhans has been chasing justice, after a whistleblower handed her documents containing information that 'didn't make any sense at all.' BizNews founder Alec Hogg spoke to Kleynhans, whose initial investigation has ultimately led to the arrest warrant that was issued for Magashule today.

* An arrest warrant has been issued for Ace Magashule, one of the ANC’s top-ranking officials. * Magashule’s arrest comes as evidence at the Zondo commission of inquiry continues to highlight industrial scale corruption at state entities, with the son of Jacob Zuma, Duduzane, and the Gupta family in the spotlight as well as individuals who had their snouts in the feeding trough before Zuma became president. * In other news about corruption crackdowns in Africa, Mozambique ex-Finance Minister Manuel Chang has been charged for his involvement in the country’s $2 billion hidden-debts scandal that has already seen three former Credit Suisse Group AG bankers plead guilty to crimes in the US. * SA business leaders are urging against stricter lockdown, pointing to the devastating consequences of earlier lockdowns to the economy and also the health of many who went without medical care to make way for Covid-19 patients. B4SA paints a grim picture of what’s likely to happen to businesses and jobs if there is a return to rules imposed earlier this year.  It warns that at least another 200,000 jobs will be lost as the economy contracts in double-digit figures. For more on that, see BizNews.com

* US markets rallied after a vaccine developed by Pfizer Inc. and partner BioNTech SE proved better than expected at protecting people from Covid-19. * South African government is considering reimposing several curbs aimed at containing the coronavirus pandemic as fears mount about a second wave of infections. * The pandemic’s resurgence is posing a challenge for the country’s Independent Electoral Commission, which is holding by-elections this week in 95 municipal wards where councilors have died or resigned. * Joe Biden, president elect of the United States has been accused of lying about South Africa and Nelson Mandela by US media outlets.

* New airline Lift is set to open its website for bookings this week, as Kulula switches on its ticket sales again as it emerges from Comair's business rescue and Discovery Vitality takes steps to boost the sector and reward its members. * Regular BizNews stock market commentator David Shapiro says a Biden victory is good for Africa. * China - SA's major trading partner - has bounced back to positive growth after contracting more than 20% between February and April. * South Africa’s northern neighbours Zimbabwe and Mozambique are on a list of UN hot spots identified as likely to experience famine. * South African scientists monitoring wastewater in the Western Cape province detected spikes of the coronavirus in the last three weeks as concerns grow in government that a lack of compliance with health guidelines may trigger a second wave. * Johnson & Johnson will imminently start clinical trials of its Covid-19 vaccine in South Africa after getting regulatory approval, according to the co-chair of the study in the country. * Johannesburg's best performer at the close of trade on Friday was Swiss luxury group Richemont, which is investing in U.-listed fashion platform Farfetch alongside Alibaba - China’s Amazon equivalent. For more on that, ready the full story from Wall Street Journal, our BizPremium partners.

On a December night in Midrand, months before the Coronavirus pandemic would disrupt the lives of every living human being on the planet, Jerusalema was created by Master KG and gospel singer, Nomcebo Zikode. Little did they know that the song and the dance moves created with it, would bring fortune in the form of a brand new Ferrari for Master KG and fame to both of them. In September this year, it became the most Shazamed song in history.

In this episode of Inside Covid-19, we have exciting news from our sponsors at Discovery, with the Discovery Vitality programme announcing measures that will provide a much-needed boost to the tourism, travel and hospitality sectors - and will also lift the spirits of people who have been looking forward to exploring the world, enjoying nature and generally getting out to have fun. Also coming up: Cape Town based aerospace entrepreneur Robert Miller has been working with two South African medical experts on an interesting hypothesis about why South Africa’s deaths from Covid-19 haven’t been as bad as initially feared. The work has been published in a British medical journal and international scientists have been testing their ideas on mice. In a nutshell, the three believe that Vitamin B and Zinc could hold the clue to staving off the worst of the Covid-19 symptoms.

In today's business headlines: - Emerging-market stocks climbed to the highest level in more than two years and most other currencies have strengthened as Democrat Joe Biden is moving closer to victory in the US presidential election. “Trump’s defeat is good for emerging markets." - The Rand has made major gains on the dollar remaining below R16 to the greenback, a level it has not seen since March this year. The currency was trading around R15.80 cents to the dollar for most of Thursday and even dipped to R15.77. - The Government wants to enforce a 30% local content quota for Internet streaming services and is also proposing a crackdown on tech giants, Netflix and YouTube. That is according to My Broadband. The Minister of Communication and Digital Technologies, Stella Ndabeni-Abrahams has confirmed this in a response to written questions in parliament, and said it would be a requirement as part of changes proposed in a draft White Paper. - A drive to shift South Africa’s electricity production to renewable energy is threatening as many as 120,000 jobs at coal mines and power plants that use the fuel. That is according to Muhammed Patel, an economist at Trade & Industrial Policy Strategies and - AstraZeneca Plc’s coronavirus shot could be ready for large-scale vaccinations as early as this year, Chief Executive Officer Pascal Soriot said, dismissing reports of delays and production snags.