The Renergen share price has been hit by a variety of factors lately, most recently by social media attacks and the poor trading statement last week. But the real story remains intact - a $1bn Helium plant in the Free State that has the funding and requisite licences. In this…
There are measures in place to ensure that South Africa’s national election next year is not marred by the controversies that resulted in the recent election in Zimbabwe being declared not free and that fair. That assurance comes from Mawethu Mosery, the Deputy Chief Electoral Officer of the Independent Electoral…
Critical facts are emerging on the R3bn Ponzi scheme operated since 1999 by St Stithians old boy Craig Warriner. When the fraudster needed fresh funds to keep the scam rolling, he expanded out of the original well-heeled Sandton private school base into a broader middle-class group of retirees who depended…
Christian Ashcroft, the St Stithians old boy once blinded by admiration for SA’s version of Bernie Madoff, became trapped in a devastating Ponzi scheme orchestrated by his one-time hero, fellow school alumnus Craig Warriner. Entrusting Warriner with his entire inheritance, Ashcroft was left grappling with betrayal when the truth was…
The billions gambled away by self-confessed Ponzi operator Craig Warriner were sourced through high-profile financial companies, whose endorsement provided the credibility the St Stithians old boy’s criminal enterprise needed. In this fascinating interview, Pretoria attorney Werner Cawood the only victim present when Warriner appeared in a small Katlehong municipal court…
Tashas, a beloved brand in South Africa, grew from a single restaurant in Atholl, established with money from a loan shark, to 15 locations across the country. In 2019, Natasha Sideris and her brother Savva bought back Tashas from Famous Brands, establishing Tashas Group. This international hospitality company would soon…
In a captivating episode of Fantasy Fund Manager, BizNews’ Stuart Lowman speaks with Garreth Montana of Corion Capital and Kanyane Matlou from Terebinth Capital. The duo discuss the intriguing trend of company delistings, highlighting the reasons behind firms opting to delist. Matlou provides a detailed insight into his day-to-day tasks…
Ranmore funds founder Sean Peche shares a financial insider’s perspective of the massive scams that hit this week - with practical advice to guarantee you never get caught up in these fraudulent schemes. Peche, who has spent his career in the sector, also analyses quarterly results released this week by…
South Africa’s disruptive life assurer BrightRock appears to be confirming the wisdom of a ‘two horses in the race’ approach by holding company Sanlam, which acquired 100% of the business in February after six years its the majority shareholder. In this interview, Brightrock CEO Schalk Malan talks about the former…
Adapting to a Changing Work Environment: Flexible Staffing Strategies for the Workforce and Companies The landscape of employment is evolving beyond the conventional 9-5 jobs, offering different models of work that include flexible working arrangements and staffing. These arrangements allow employees to work remotely for certain periods, while flexible staffing…
Former Scopa (Standing Committee on Public Accounts) chairperson and African People's Convention leader Themba Godi has lamented the lack of justice in the case of disgraced former Steinhoff CEO Markus Jooste and the lack of accountability for President Cyril Ramaphosa. These are some of the talking points in this interview…
1995 World Cup winning Springbok Hannes Strydom was portrayed as a drug-dealing psychopath by an alleged criminal syndicate to cover up their theft of at least R50m from his pharmacy business. After discovering the loss, Strydom called in forensic investigator Paul O’Sullivan who has uncovered a crude fraud masterminded by…
The South African Police Service (SAPS) is becoming an “iron fist” for the African National Congress (ANC) in certain parts of South Africa. Crime fighter Ian Cameron of Action Society speaks to BizNews about the latest abuses of power and lack of accountability in SAPS. He describes how Police Minister…
South African governments have in the past supported the Palestinian people and their struggle for their own homeland, but have managed to balance that with cordial relations with Israel. There has however been a noticeable shift from this policy during the Presidency of Cyril Ramaphosa. President Ramaphosa remained silent on…
After 15 years of running a Ponzi scheme, financial advisor Craig Warriner confessed, handed himself over, pleaded guilty to any and all charges and is seeking the safety of a single cell in prison. An old boy of the prestigious Johannesburg school St Stithians, Warriner, who appears to be the…
Western Cape municipalities are getting electricity wheeling toolkits to help fast-track the implementation of third-party electricity wheeling. It will allow private sector entities to transport power over the grid to other businesses, organisations, or facilities. In this interview with BizNews, the Provincial Minister of Infrastructure, Tertius Simmers, speaks about the…
With polls showing the ANC continuing to lose ground, the DA steady, and EFF gaining, we asked the country’s leading political scientist how he would advise the three parties. Long-time Oxford Don RW Johnson offers suggestions for the party leaders. Given the narrow gap between the two most significant groupings…
Despite shifting dynamics in European immigration policies in response to global challenges, resistance to immigration, and upcoming elections, there are still plenty of opportunities for South Africans seeking to immigrate or explore alternative plans. In an interview with BizNews, Andrew Rissik, the Group International Director of Sable International, said that…
Relations between the ruling African National Congress (ANC) and the State of Israel are at a new low after the ruling party’s deputy secretary-general Nomvula Mokonyane called for the Israeli embassy in South Africa to shut its doors; the ambassador to leave his diplomatic station; and a boycott of all…
OMBA's Sean Ashton, a stock-picker of some repute who was formerly with Anchor Capital, is back on BizNews after a break of almost a decade. In this interview, he reminds us the ten stocks which have delivered all of Wall Street's 2023 performance have still not recovered from 2022's losses…
20 Oct 2023 7AM
21 min
1320 – 1340
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