BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Singing an alternative tune in volatile markets – Overberg Asset Management's Nick Downing
When markets are volatile, where would you normally invest if you are seeking lower volatility and higher income yields than equity markets? The traditional answer to that is government bonds. Founder and CEO of Overberg Asset Management, Nick Downing, says bonds are however no longer fulfilling their traditional role as…
BBB Episode 42 - Heystek on Peche Performance Fee bombshell; Elon gets a trump card vs Twitter; Richemont ties up with Portugal's Steve Jobs; Oil back..
Straight-speaking independent financial advisor Magnus Heystek joins as a special guest in this episode of the Briefing where much of the focus is on Sean Peche's bombshell expose' on the billions fleeced from SA savers through dubious unit trust Performance Fees. Heystek also weighs in on the possible knockout blow…
“It's not just carbon, it's climate and behavioural change” – Kevin Whitfield on Nedbank CIB’s carbon journey
Nedbank Corporate and Investment Banking (Nedbank CIB) has been diligently working on ambitious and rigorous goals towards a just energy transition, as evidenced by the Nedbank carbon journey series published on BizNews.com over the past couple of months. In this interview, Bronwyn Nielsen speaks to Kevin Whitfield, head of Africa…
Sean Peche drops nuclear bomb on SA Performance Fee rip-off, names Allan Gray, Coronation, Ninety-One.
After his recent expose’ on the massively underperforming, but big fee charging Balanced Fund unit trusts, Ranmore Funds founder Sean Peche has taken his attack on money management ripoffs to a new level. The highly qualified asset management insider (CA, CFA) describes results of a lengthy and thorough investigation into…
Meet inspirational Lisa Raleigh - SA's rebounding entrepreneur who is conquering her homeland, soon the UK and USA
Lisa Raleigh, whose ancestor introduced tobacco and potatoes to Western Europe, is breaking fresh ground of her own. The Wellness Guru who is half of an SA Power Couple, has taken her successful local rebounding-based business into the UK - with plans to soon follow Sir Walter's path to the…
BBB Ep 41 - Sasol CEO defends using Bain & Co; Oil surges as OPEC relooks production; Rand slumps, JSE's Resi stocks rise; Sceptics return to Wall Str..
This episode of the Briefing features Sasol's results - and its CEO's defence of a contract with Bain & Co (with Biznews's Michael Appel's response); a surge to just below $100 in the oil price; excellent day for resources shares on the JSE and reasons why sceptics are returning to…
Sasol’s comeback confirmed in FY22's numbers - 20-bagger does a Lazarus since despair of March 2020
Two years ago SA’s fuel-from-coal and chemicals champion Sasol was selling off assets to urgently raise cash - and preparing to ask shareholders for a $2bn bailout. Today the business is released financial results for the year to end June which reveal a business back in rude health, one that…
Arthur Fraser: A 'Zuma man' for all seasons
Arthur Fraser is in the headlines a lot these days - for two reasons specifically - he’s the former spy boss who granted former President Jacob Zuma his medical parole, and also the man who laid charges against Cyril Ramaphosa over the February 2020 Phala Phala theft saga. The fifth instalment of…
BBB Ep 40 - Oil price falls sharply; Purple's blockbuster Asian deal; Charlie Robertson on W Cape Independence; Seratonin and depression; Remote work ..
An adjustment to the normal format in this episode of the BizNews Business Briefing where Alec Hogg and Lucy Ferreira are joined by colleagues Stuart Lowman and Nadya Swart to provide context on the day's major business news; including Purple Group's big Asian deal that was announced on Friday; the…
Back home with an Asian partnership in his pocket, Purple CEO Charles Savage tells us about the next big leap in the Easy Equities adventure
Purple Group's share price jumped 10% on Friday, swimming strongly against the sliding market. Reason was a rather cryptic SENS announcement about a major partnership secured in Asia. Although details were deliberately sparse to ensure the partner's Big Bang launch won't be compromised, Purple CEO Charles Savage visited our virtual…
Why SA's economy underperforms the whole world - shocking data laid bare by 'Time Travelling' economic analysis.
South Africa features in Charlie Robertson's recently released book, The Time Travelling Economist: Why Education, Electricity and Fertility are the key to escaping poverty. Not in a flattering way. So we asked the author, whose day job is chief economist of the world's leading emerging markets specialists Renaissance Capital, to…
BBB EP 39 - Market's four week rally runs out of steam; Rand and Crypto take a bath; Will China go to war over Taiwan
In this episode of the BizNews Business Briefing we take a look at last week's market movers and provide the investment news you need to know. In focus is the end of a four week rally for stock markets and the impact of investors switching away from higher risk assets…
The infantalisation of a generation – Prof Frank Furedi on safety culture and the cultural devaluation of freedom
When the emergence of Covid-19 and resultant restrictive measures were imposed across the globe in early 2020, the world witnessed submission of an unprecedented and surprising nature. One motivator, fear, is fairly obvious and understandable but it in no way explains the collective psychology in play. BizNews spoke to Professor…
Standard Bank CEO Sim Tshabalala on record profits; ICBC; Absa's rejuvenation; Kokkie's concerns; 2025 commitments and more
After running hard since mid-July, Standard Bank's share price dropped on the release of half year results to end June, reflecting Mr Market's inclination to buy on rumour, sell on fact. But with a 33% surge in headline earning to a fresh half year record, CEO Sim Tshabalala's description of…
CEO's inside track on Afrimat - SA-focused high quality mining stock which traded 50% higher in April
At BizNews, we keep a close eye on share prices of high quality companies, waiting to flag the opportunity when they temporarily fall out of favour with Mr Market. South African-focused iron ore, coal and bulk materials miner Afrimat fits this bill. Its share price it now at around R50,…
BBB Ep 38 - Oil creeps back towards $100; Markets bets 'bluffing' Fed's Put alive and well; Grindrod's big day on JSE; Bitcoin falls
A forgotten term, The Fed Put, has re-entered Wall Street's vocabulary. Stock and bond participants are betting the US Federal Reserve Bank is bluffing and will stop raising interest rates when economic damage becomes obvious. Fed officials have been doing their best in public statements to say the opposite. Also…
Mesh.trade enters SA market offering speed and lower costs in decentralised Financial Markets platform – Connie Bloem
It was not long ago that bankers and traders were turning up their noses at fintech and the phrase, “Normal people should not be trading,” was common in the City of London and other financial markets. That was until several players like Robinhood joined the party and technology democratised investing…
In-depth with Mike Brown, SA's longest serving bank CEO: Nedbank, its R10bn digital investment, renewables, fintechs, greylisting and crypto
In this in-depth podcast, Nedbank CEO Mike Brown tries (unsuccessfully) to hide irritation at the slow pace of SA's economic reform, but brightens up on the demand that's building for renewable energy investments. The country's longest-serving banking boss occupies a unique vantage point from which to share his insights on…
BBB Ep 37 - Market holding above 200 day MA (just); Fed Minutes; Bad Chinese news for Naspers on Tencent, Food Delivery; Sibanye smacked despite Rand ..
Stock market technical analysts are fixated with the 200-day Moving Average which they say provides either support (in a Bull Market) or resistance (Bear) for share prices going forward. After the major US indices broke above this critical tend last week, declines in the past two days have brought the…
Joint opposition press briefing on holding Ramaphosa to account
Several opposition parties gathered in Johannesburg on Wednesday to outline their plans to hold President Cyril Ramaphosa to account for the allegations surrounding the Phala Phala theft matter. Reading the joint statement on behalf of opposition parties - excluding the Democratic Alliance, among others - EFF leader Julius Malema says…