BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Peche’s Ranmore fund excels in 2022-2023 – even though “big picture” predictions off beam.
The performance of the Ranmore Global Equity Fund in 2022-2023, run by London-based South African portfolio manager Sean Peche, ranked in the top 1% of a basket of 3,000 European/Asian/African global equity funds categorised by Morningstar. As Sean is keen to stress: past performance in no guarantee of future performance,…
Corion’s Bacher decodes 2023 - why the predicted “terrible” year for investors wasn’t
With few exceptions, high-profile investment pundits called 2023 wrongly by predicting a tough year for US equities (especially big tech); a rough ride for Bitcoin; and outperformance by SA share prices. Corion Capital’s David Bacher explains what happened in the “annus horribilis” that wasn’t, and sticks out his neck for…
Loadshedding worse than stated, actually hit ‘Stage 8’ admits Mantashe
Energy Minister Gwede Mantashe has admitted ESKOM lied to South Africans about load-shedding stages it was implementing. In this interview Samantha Graham-Maré, the Democratic Alliance’s (DA’s) Shadow Minister of Electricity.notes: “…in a couple of questions in the last week, Gwede Mantashe has admitted that last year January we went into…
Paul Hoffman - South Africa is looking like the 'useful idiot' for Hamas, Iran
Paul Hoffman of Accountability Now speaks to BizNews about South Africa’s International Court of Justice (ICJ) litigation which some see as a principled effort to prevent alleged genocide while other say it is an ideologically-based ploy to isolate Israel and bring down constitutionalism under the rule of law sponsored by…
De Beer: How Zuma-Ace pact will hurt ANC, boost Multi-Party Charter
With only months before the national elections, some political figures are making big moves. Neil de Beer - who spent 32 years in the African National Congress (ANC), but left in disgust to form the United Independent Movement (UIM), a party that has joined the multi-party charter to oust the…
Glynnis Breytenbach: How Scorpions 2.0 can go after the ANC’s big looters…
Ninety-seven (97) African National Congress (ANC) bigwigs identified as looters by the Zondo Commission still have to be successfully prosecuted. The Democratic Alliance (DA) wants an Anti-Corruption Commission (a Scorpions 2.0) to do so. The African National Congress (ANC) wants the Independent Directorate Against Corruption (IDAC) to do it. In…
SA’s Manganese refining pioneer set to electrify West’s quest to diversify from China – CEO Louis Nel
A manganese refinery near the Kruger National Park, known as the Manganese Metal Co (MMC), is poised to benefit from the West’s desire to detach itself from China’s supply. Located in the rural town of Mbombela, MMC is one of just a handful of refiners of battery-grade manganese outside China…
Steenhuisen on the latest ANC scandals - and SA’s “cowardly” President…
The ruling African National Congress (ANC) has had a very bad start to the election year. It has been one scandal and controversy after another. BizNews speaks to John Steenhuisen, the leader of the opposition Democratic Alliance (DA) about the big four: ANC Secretary General Fikile Mbalula’s apparent admission that…
South Africa’s chances of winning case against Israel seem unlikely – Prof Theo Venter
The South African Government has enlisted top legal experts for its case against Israel at the International Court of Justice. Their 84-page application argues that they only need to prove some of their accusations against Israel fall under the Genocide Convention to effectively halt its military operations in Gaza. Oral…
Zuma’s role in the upcoming Election: A Spoiler, not a Kingmaker
This year is a significant one for South Africa as it gears up for the elections, and a key factor that has emerged is the ‘Zuma factor’. This follows the decision of former ANC president Jacob Zuma to support the newly formed Umkhonto we Sizwe party for the 2024 election,…
OUTA lays bare the rot in higher education - and hails the “brave souls” who blew the whistle…T
The dreams of thousands of students have been shattered by corruption in the higher education sector. Much of that has been exposed by the Organisation Undoing Tax Abuse (OUTA). In this interview with BizNews, OUTA's Investigations Manager, Rudie Heyneke speaks about the corruption reports it has issued since 2018; the…
Smoking Gun: Tobacco tycoon's tussle with tax authority unravels
The year ended badly for Julius Malema funder - and alleged cigarette smuggling kingpin - Adriano Mazzotti. His Carnilinx was among a group of tobacco manufacturers that failed in their urgent bid to interdict SARS against installing CCTV cameras at their warehouses. In his reaction, Tax Justice South Africa’s Yusuf Abramjee calls…
MAGNUS HEYSTEK on the JSE, the ANC, and 2023 - 2024 investment & disinvestment trends
In this interview with BizNews, investment strategist Magnus Heystek of Brenthurst Wealth Management speaks about: The poor performance of the Johannesburg Stock Exchange’s (JSE); how the African National Congress (ANC) government is scaring away foreign investment; the likely fall-out from South Africa taking Israel to the International Criminal Court (ICC)…
Cape Winelands Airport's big plans: Premier diversion hub, doubling tourist numbers - Nick Ferguson
There is a buzz in Cape Town about the development of the new Cape Winelands Airport near Durbanville with the City Council throwing its weight behind the development. The site for the new Cape Winelands Airport t near Durbanville in the Cape has an interesting history as it was chosen…
Mavuso Msimang on his ANC resignation that wasn’t, Zuma and 2024 Election
Among many wise phrases attributed to Winston Churchill is one where he responded to a critic: “When the facts change, I change my mind. What do you do madam?” ANC veteran and iconic anti-corruption campaigner Mavuso Msimang may have drawn on that advice after being widely criticised for withdrawing a…
DA’s Mileham spewed political propaganda - nuclear power is cheaper, safer, faster.
Nuclear physicist Dr Kelvin Kemm was so incensed with DA shadow minister Kevin Mileham’s “political propaganda” on BizNews TV last week, he insisted on setting the record straight. This the globally respected engineer does in forceful fashion in this interview where he addresses popular (mis)perceptions about nuclear power being corrupt,…
Gift of the Givers, a beacon of hope for the hungry children of Eastern Cape amidst government failure – Corene Conradie
"Tis the season to be jolly" as the Xmas song goes, but while we stock our fridges to the brim and buy mountains of gifts, there are children in the Eastern Cape of South Africa, who don’t have food. Corene Conradie, the Eastern Cape Coordinator of Gift of the Givers…
Graeme Smith the businessman: Betway SA20 surges in IPL jet stream
One of South Africa’s most successful cricketers, long-time Proteas captain Graeme Smith, has transformed into one of his sport’s leading businessmen. Smith is the League Commissioner of Betway SA20, whose second season kicks off on January 10, after a successful debut at the beginning of 2023. Smith is looking forward…
Unravelling confusion over SA exchange control rule change and non-resident status – Graham Barratt
In 2023, the South African Treasury responded to the outflow of private capital from the country with a regulation change just before the long weekend in May that some commentators labelled as ‘sneaky.’ This raised questions about what this means for South Africans wishing to move money out of the…
Bankrupt ANC tapping Russian cash via Mossgas, Nuclear deals - Mileham
The past week’s announcements on Russian wins for the Mossgas plant refurbishment and a proposed 2 500MW nuclear plant follow the template applied by the ANC in the disastrous Kusile and Medupi contracts, where tender documents were massaged to favour Luthuli House’s preferred partner. In this episode of UNDICTATED, shadow…