BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Brace for downgrade shock - Mboweni; Motsepe's R1bn to fight Covid-19; Sasol
In today's news headlines: * The decision by Moody’s could not have come at a worse time, is the warning from Finance Minister Tito Mboweni. South Africa, like many other countries, is seized with containing the outbreak of the coronavirus; * SA braces for the fallout from a Moody's credit…
Alan Winde after Covid-19 deaths: Patients' sudden deterioration a shock, W Cape braces for worse
Western Cape Premier Alan Winde says the province is bracing for a surge in Covid-19 infections and has taken a cue from elsewhere by planning temporary hospitals to deal with the pandemic. Infections in the province are rising exponentially, but even so the first two deaths today came as a…
Inside Covid-19: WC Premier on SA's first deaths; Many ignore Day One of lockdown - Ep 6
In episode six of Inside Covid-19, South Africa records its first deaths, two women in the Western Cape whose Premier Alan Winde tells us what happened and how prepared the province is for the coming onslaught. We’ll also hear about concerns from Discovery’s chief clinician that too many South Africans…
Alan Whiteside, Alec Hogg: Making sense of Covid-19 data. MUST LISTEN!
Professor Alan Whiteside is an applied academic who is a specialist in development economics. In particular, he has made his mark in contributing to global understanding on the spread and containment of HIV-Aids. He has dozens of books, book chapters and journal articles under his belt. Prof Whiteside is probably…
Good Samaritans stepping forward - SA pharma donates chloroquine tablets for Covid-19 treatment
The coronavirus epidemic is exposing the greedy and highlighting the good in many societies. In countries where the virus is raging, people are stepping forward to volunteer. In the United Kingdom, where the outbreak shows no sign of abating; a call for 250,000 volunteers to help the country’s National Health…
Covid-19 cases near 1,000 as SA shuts; SA billionaires embarrass Branson; price gougers; forced Covid leave
In today's news headlines: * As the confirmed cases of Covid-19 in South Africa head towards 1,000, the country has gone into a lockdown for 21 days; * As the nation-wide lockdown took effect from midnight on Thursday, the government reminds employers they can enforce leave over this period; *…
Inside Covid-19: US Infections jump 46%; WSJ frets for Africa; how this will change us all - Ep 5
In a bumper Episode Five of this podcast series, we draw on Biznews's partner, the Wall Street Journal, for a report on a potential Covid-19 catastrophe in relatively defenceless Africa; Discovery SA’s chief Hylton Kallner explains how the reaction to this pandemic is sure to transform society; some good news…
Sam Houlie diving back into equities - spoiled for choice but a no-go on Sasol
Financial markets all over the world have been battered by the economic fallout of the coronavirus with double digit falls recorded on a daily basis. When stocks fell lower and lower; there were a few bulls ready to pick over the bones of depleted stocks, but it was only for…
QE boosts SA banks, bond market; no booze, no travelling, no socialising as SA shuts down; SAA grounded; Shoprite
In today's news headlines: * South Africa’s central bank on Wednesday launched a bond-buying programme, as it followed other countries in quantitative easing measures to drum up demand in credit markets and support banks; * Resources and Energy Minister Gwede Mantashe says the possibility of load shedding during the 21-day…
Inside Covid-19: Best way to use next 21 days; infections pass 450,000; $2trn cash injection for USA - Ep 4
In this episode, stock markets surge to their best session since 1933 after the US throws trillions of dollars at its economy. The South African Reserve Bank has started to follow suit, and we’ll hear from a respected economist why this is a very good idea. On the other hand,…
SARB needs to follow US example and create money. Lots of it - top economist
The US has adopted a "whatever it takes" approach by throwing trillions of dollars at its economy to offset the deflationary impact of Covid-19. Independent economist Rian le Roux believes South Africa needs to follow the American example and commit to injecting more than has this far been set aside…
David Shapiro on stock market's 10% surge celebrating US Govt's "much needed" $2trn injection
For vastly experienced stock market watcher David Shapiro, the $2trn US Government stimulus package is to be applauded. He has little doubt this was the right call - even though it came on top of the promise of even more support from the Federal Reserve. In times of war, he…
Bernard Swanepoel, Alec Hogg: How to help small business SURVIVE Covid-19 war
Small Business Institute executive director Bernard Swanepoel, perhaps best known for his former role as CEO of Harmony Gold - which he built up from a small gold producer to one of the world's largest - is on the boards of a number of South African mining companies, including Impala…
Panic-buying as strict lockdown looms; SA growth to shrink by 5%; platinum soars; US mortgage market in crisis
In today's news headlines: * Supermarkets have been inundated by shoppers and businesses are preparing to shut down operations as the country braces for a three-week lockdown aimed at curbing the spread of the coronavirus; * Economists say South Africa is in a basket of countries that will be in…
Inside Covid-19: SA Govt praised for following China Way as its entrepreneurs adjust - Ep 3
Episode three of Biznews's Inside Covid-19 podcast is twice as long as usual as we look back on the momentous lockdown announcement. Jonny Broomberg paints the global picture, highlighting why South African president Cyril Ramaphosa is receiving so many plaudits for Monday night’s announcement of a complete lockdown – and…
21-day lockdown, SA army to fight Covid-19; global economy in crisis; Old Mutual-Moyo; rand on ropes; Redefine
In today's news headlines: * South Africa is going into a 21-day national lockdown from midnight on Thursday. This was the announcement from President Cyril Ramaphosa, who said pharmacies, banks, petrol stations and grocers will remain open; * Finance ministers and central bank governors from the Group of 20 nations…
Inside Covid-19: Ramaphosa takes SA into lockdown; hope springs in Asia - Ep 2
In episode two of our daily podcast on the Covid-19 pandemic, we examine where South Africa is in the cycle in the wake of President Cyril Ramaphosa's announcement of a three week lockdown where citizens are being confined to their home barracks until April 16. Also in this episode, a…
Learning from others: President Cyril Ramaphosa announces 21-day lockdown to flatten Covid-19 curve
President Cyril Ramaphosa has announced a 21-day lockdown starting at midnight on Thursday to contain the spreading of Covid-19 and 'flatten the curve' in South Africa. It comes as cases in the country increased six-fold in the last 8 days. His announcement also includes the establishment of the Solidarity Fund…
SA tech entrepreneur opening maths teaching vaults to help stay-at-home students
Online education specialists Advantagelearn.com has opened its 2 000 maths-teaching videos, covering Grades 8 to 12, to all South African learners. In this podcast, founder James Lees explains that this is part of the company's contribution to helping in the fight against Covid-19, enabling students who have been forced to…
Delphine Govender: A cool head will always beat Mr Market's insanity. Especially now.
It's half a dozen years since star asset manager Delphine Govender left her cushy home at Allan Gray to co-found Perpetua Investment Managers. In this insightful discussion drawn from the latest episode of Rational Radio, she offers some perspective on the current stock market turbulence. Delphine shares some of the…