BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
How to fix South Africa and our broken economy - Frans Rautenbach author of Help Yourself South Africa
As South Africans are increasingly faced with loadshedding, potholes and the deterioration of so many services; the penny has dropped that it is no use waiting for the government to fix it. In his New Year’s message, Gift of the Givers, Dr Imtiaz Sooliman said he believed that fixing the…
Study finds first direct evidence connecting depression with low serotonin – study co-author Dr David Erritzoe provides novel insights
2022 was a decidedly volatile year in the field of psychiatry. In July, a study led by Dr Joanna Moncrieff found that there was no convincing evidence that depression is connected with low serotonin, let alone caused by it. In November, while the psychiatric profession and, perhaps more significantly, the…
Cautiously more optimistic about SA, but structural problems remain – S&P Global’s Nezo Sobekwa
The local currency, banking stocks and local sovereign bonds gained after the re-election of President Cyril Ramaphosa was confirmed. The outlook for South Africa, says Nezo Sobekwa, African risk analyst at S& P Global Market Intelligence, is “cautiously optimistic”, but he did not foresee that things were going to turn…
Phala Phala will slowly, but surely wither away – Prof Theo Venter
President Cyril Ramaphosa has emerged from the African National Congress’ 55th conference more confident and he has managed to tighten his grip on power. Instead of hostile members of the RET faction, that were hampering his drive to clean up corruption, the majority of members in the Top 7 of…
President Ramaphosa’s re-election brings continuity, stability, policy certainty - Mteto Nyati
The ruling ANC has elected its top 7 officials, with President Cyril Ramaphosa being given the top position again with a bigger margin than he had achieved in 2017. His appointment has been welcomed by financial markets with the local currency strengthening against the dollar, pound and euro. Mteto Nyati,…
Linebooker, SA’s Uber for freight, beats stress test after month-on-month growth accelerates to 20%
With 17 000 trucks now on its platform, Linebooker’s momentum continued to accelerate helped by its system’s smooth management during SA’s peak freight moving quarter. CEO and co-founder Naude Rademan explains to Alec Hogg of BizNews that month-on-month growth accelerating from 10% to 20%, the “Uber for trucks” has proved…
President Ramaphosa doesn’t have excuses any more – Wits School of Governance's TK Pooe
President Cyril Ramaphosa managed to secure a second term as President of the ANC beating his rival Zweli Mkhize with 579 votes. His slate did however not have a complete victory. The position of deputy-president went to Paul Mashatile. A Ramaphosa ally, Gwede Mantashe was re-election as chair of the ANC, while…
Nailbiting race between Ramaphosa and Mkhize for ANC top spot - Richard Calland
Two nominees have emerged for the top position of President of the ANC at Nasrec in Johannesburg where the party is electing its new leaders. They are President Cyril Ramaphosa and Zweli Mkhize. After a delay in balloting as the party struggled to complete the registration of more than 4,500…
The elephant in the room at ANC55 is the real possibility of losing power in 2024 – Dr Piet Croucamp
Linda van Tilburg interviewed political analyst Dr Piet Croucamp about his take on the 55th ANC elective conference and reports on an interesting angle: the party is so divided and perceived as so untrustworthy by many South Africans that it may be lucky even to garner 50% of the votes…
International Community wants to see Ramaphosa ‘the least worst option’ to accelerate reform and honour green energy transition
South Africa’s 55th national conference is being closely watched from outside our shores. Chris Vandome, a senior political analyst from Chatham House in London says President Cyril Ramaphosa is generally regarded as ‘the least worst option’ and overseas leaders are, like many South Africans frustrated with his slow pace of…
Judge Hlope's suspension took shockingly long and expect more 'law fare' - Adv Jeremy Gauntlett
Embattled Western Cape High Court Judge President John Hlophe has been suspended pending impeachment proceedings against him for gross misconduct. The suspension has been welcomed by Freedom under Law (FUL) which has previously expressed serious concern that the suspension of Judge Hlope has been delayed despite complaints that go back…
After scoring an A for 2022, Sean Peche shares his 2023 investment “Surprises”
Ranmore Funds founder Sean Peche is warning us to expect the unexpected in the New Year, offering “Surprises” that could shake up the performance of investment portfolios. Leading the pack is the warning of a 50% drop in the share prices of Apple, Amazon and Tesla - with Putin pulling…
Ramaphosa expect to get another term at ANC National conference but expect battle for No 2 - Prof Theo Venter University of Johannesburg
The ANC caucus in Parliament managed to ward off a rebellion against President Cyril Ramaphosa with only 5 of its members of parliament voting for the adoption of the Section 89 panel report on the Phala Phala theft that found that he may have violated the Constitution. Notably voting in favour…
KZN Midlands attacking loadshedding with battery-power for business hubs within a year
The uMgungunglovu District has emerged as the surprise leader among SA regions battling to engineer solutions to loadshedding. The region, which includes PMB, Howick and Mooi River, is launching massive battery plants to serve business hubs. James Martin, who heads Economic Recovery in the district says the batteries will be charged…
Progress report with uMngeni’s Mayor Pappas - symbol of hope of what SA can become
For many South Africans uMngeni’s hard-working Mayor Christopher Pappas (31) personifies what the country could become. Young, smart, multi-lingual and hard working, Pappas and his Democratic Alliance team have achieved a great lot since taking power a year ago - serving as a template for the DA’s alternative to the…
Scenarios point to binary future for SA post-2024: prosperity or penury
Scenario planner Jakkie Cilliers, founder of the ISS and author of the 2017 book Fate of the Nation, shares updated perspectives on SA’s political future. It’s a sobering message for those hoping for change, and points to a binary consequence after the 2024 Election. Two big events in the next…
How SAIPA is preparing accountants to ride an ethical digital wave – CEO Shahied Daniels
The number of students interested in accounting and auditing has been falling worldwide. A member of the Public Company Accounting Oversight Board, Christina Ho, recently called the shortage a “crisis”. This has also been the case in South Africa where the profession is facing the same challenge. The CEO of the South…
Hollard’s cashback innovation for do-good volunteers also makes business sense. Here’s why.
Any South African who has spent an extended period abroad soon realizes that relative to the First World, their country’s needs are great. Even modest “do-good” efforts which are likely to go unnoticed in the rich North, can make a significant difference in SA. Hollard picked up on this reality…
Wednesday’s big test in NW muni - will local voters send ruinous ANC packing?
Last week DA Federal Chair Helen Zille spent three days campaigning in the rural North West province ahead of a forced re-run of the 2021 Local Election for the Ditsobotla municipality. This is a major test for South Africa’s young democracy, as it is scarcely imaginable how local voters could…
Another market correction on the cards early next year - but better times to follow
Mark Perchtold of OMBA tells us that the current era of volatility is far from over, with a significant correction in equities a distinct possibility in the first half of 2023. But there are ways to protect against these drawdowns - and he explains why European stocks (and especially Autos)…