BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Inside August’s CompCom raid on life offices - Sanlam’s bemused CEO Paul Hanratty still none the wiser why it happened
This interview was ostensibly to unpack Sanlam's recently released interim results - and look at the way ahead for the company whose vision is to the the most admired financial services company in Africa. Both subjects were covered in some depth, but before getting there, Sanlam CEO Paul Hanratty shared…
‘You can only flog a dead horse so many times’ – Dr David Wiseman on Covid-19 boosters
On 31 August, the FDA (United States Food and Drug Administration) announced that they had issued EUAs for BA4/5 bivalent Covid-19 quasi-vaccines. The EUA (emergency use authorisation) of these boosters signalled great cause for concern as it indicated that the FDA had once again undergone a further relaxing of their…
CrypTalk ep 7 - What will happen to Ethereum after the merge, and ISIS NFTs
In this episode of CrypTalk, BizNews’ Ross Sinclair speak to Gaurav Nair of Jaltech about the coming Ethereum merge, its economic implications and the likelihood of success, as well as the recent scandal surrounding an ISIS sympathiser creating an NFT to potentially fund the terrorist organisation. For more information about Jaltech: https://www.biznews.com/jaltech-cryptocurrency-notes…
“South Africa is at a turning point” words by RW Johnson
In this impassioned speech from the fourth Biznews conference, RW Johnson explores the turbulent history of post 1994 South Africa and some of the decisions taken by the ANC government at the time, which led to the tragic predicament the country now finds itself in. Learn more about your ad…
Neal Froneman - Hersov is right; SA Govt can take leaf out of Sibanye book, urgently address Good, Bad and Ugly.
A cracking interview with Sibanye Stillwater's founding and still current CEO Neal Froneman, who believes political correctness is for the insincere - especially in the South African context. In this fascinating half hour he explains why the solution to SA's fraught labour relations lies in "share value" and "stakeholder capitalism"…
Introducing smart farming in Alexandra with Hydro Coop – CEO of LFP Agri, Louis Pulzone
Many people in Alexandra township are battling to make a living and feed their own families. The CEO of LFP Agri, Louis Pulzone, says it’s the result of decades of underinvestment in agriculture, increasing competition for land and water, rising fuel and fertilizer costs and climate change. There have been…
'I wasn't bribed' - Colleen Makhubele claims Joburg coalition in tatters
Joburg councillor Colleen Makhubele says no one bribed her to vote against her coalition partners in the city's multi-party government. She says she's done it before and would do it again. In an expansive interview with BizNews, Makhubele - who ran as COPE's mayoral candidate for the city in 2021 -…
"ANC, voetsek!" - advice from Rob Hersov
In this controversial speech from the fourth BizNews Conference, Rob Hersov discusses his ideas on governance in South Africa, calls out current Cabinet Ministers and reprimands Cyril Ramaphosa - as well as giving his ideas on potential solutions to fix South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices
Corion's bet on Vintcent, McLachlan, Saffy and The Stig, proving successful antidote to 'Flock Stocks'
Corion director Garreth Montano explains in this interview how an idea to tap into the best ideas of four free-thinking asset managers is working out. The Prime Concentrated Equity Fund combines between four and eight stock picks by four money managers, with Corion adding a few balancing stocks of its…
Joburg mayor confident her job 'is not in danger'
It's been a tentative few weeks in Joburg with the future of the multi-party coalition government under scrutiny - and Mayor Mpho Phalatse herself potentially in the firing line. But the mayor believes her job is safe and the coalition is "as united as we've always been". This after several…
Meet National Treasure Richard Cock - SA's conducting Maestro on having fun, playing organs, avoiding Priesthood - and music's lessons for business
Fun-loving conductor Richard Cock personifies classical music in South Africa. The 73-year-old Maestro this year is celebrating a quarter century of his hugely successful creation Starlight Classics. A musician who dedicated his life to expanding the appreciation of classical music in his homeland shares a fascinating journey - one which…
John Biccard advises a return to JSE's 'Lucky Sevens', says structural change means Nasdaq darlings can drop by half
In more than three decades of managing assets, John Biccard of Ninety One has consistently acquired co-ownership in out of favour businesses. His style, called value investing, faced stiff headwinds over the past decade. But he believes the tide has turned and it's now time to fill up your portfolio…
New route to UK residency and citizenship thanks to a British granny – Sable International's Mishal Patel
In February this year, the UK government took the decision to shut the Tier 1 investors visa route into the country, more commonly known as the ‘golden visa’, citing security concerns. It was effectively closing the stable after the horse had bolted, however, as the visa that allowed wealthy foreign…
State of play in Joburg Council: DA heads to court to block special sitting
A political tussle is playing out in the City of Johannesburg, following the recent booting out of the DA's speaker Vasco da Gama in a motion of no confidence, with mayor Mpho Phalatse ultimately the next target. Da Gama's ousting was made possible by certain councillors from smaller parties breaking…
Auditor General names SA government’s ‘consistent delinquents’
The Auditor General of South Africa has released a report naming and shaming 15 government departments who consistently incurred fruitless and wasteful expenditure over five years amounting to R1.5bn. AG CFO Bongi Ngoma also briefed Parliament's Standing Committee on Appropriations about the financial health of government departments, agencies, and state-owned…
Right of Reply: Coronation responds, in detail, to Sean Peche's allegations on the alleged Performance Fee rip-off
For the past three weeks South Africa's largest asset managers - and particularly Coronation, Allan Gray and Ninety One - have been accused of profiteering at the expense of retail investors. This came in the wake of detailed analysis by Ranmore Funds founder Sean Peche, who holds both CA and…
"SA stocks are on a fire sale.." - Andrew Vintcent, Corion's favourite fund manager, explains why he's invested big time into JSE listings
David Bacher of Corion Capital engages with many of SA's fund managers. When asked to name his favourite, he recommended we have a chat with ClucasGray's Andrew Vintcent. So we did. Here's the resulting interview with a portfolio manager who believes many unappreciated SA stocks are so cheap they're discounting far…
About 80% of voters believe coalitions are SA's future
While ANC leadership clings to the notion of winning an outright majority in 2024's national elections, even their own voters believe coalitions are the way of the future. BizNews correspondent Michael Appel unpacks the Social Research Foundation's latest report. Learn more about your ad choices. Visit megaphone.fm/adchoices
Chris Logan: Coronation's shares tanking on Peche's "explosive" disclosures - company urgently needs to respond
One of the SA money management industry's ultimate insiders, veteran investor Chris Logan, has entered the debate over 'performance fees' charged to small investors via big companies' self-created benchmarks. Logan was a star manager at Old Mutual, BOE Asset Management and HSBC before starting his own company, Opportune, two decades…
Karyn Maughan prosecution branded ‘intimidation’ and ‘attack on media freedom’
Former President Jacob Zuma’s private prosecution of state Adv Billy Downer and News24 journalist Karyn Maughan has been labelled vindictive and an attack on media freedom. In this podcast, BizNews correspondent Michael Appel breaks down the charges laid against Downer and Maughan. The summons - served on Tuesday - instructs…