At the beginning of June, Michael Appel was appointed editor of BizNews, only the second person to hold this post in the almost nine year history of the company. In this interview with BizNews founder Alec Hogg we get to hear the story of how the much-travelled son of a…
Tongaat is looking to raise R5bn in a rights issue that is 12 times its current market value of R400m. The Rudland Family through Magister Investments will partially underwrite R2bn of the rights offer provided that a waiver is approved by regulators. Related parties to Magister were found to have…
She's a writer, a columnist, an author, a lawyer, political analyst, former sports administrator, trustee at the Nelson Mandela Foundation, as well as the new executive officer at Freedom Under Law (FUL). Judith February has more titles than Rafa Nadal. She's a veritable 'Jill of all trades' (I don't know…
Two of the Guptas on Interpol's Red Notice list have been arrested in the United Arab Emirates with the focus now shifting to their extradition back to SA amid an inevitable fight back. Late on Monday evening South Africa’s Ministry of Justice and Correctional Services released a veritable bombshell. It…
Former spy boss Arthur Fraser, who’s also the man who freed former President Jacob Zuma on medical parole when he was Correctional Services head, this week laid a criminal complaint against President Cyril Ramaphosa. Fraser claims he has the evidence to prove that Ramaphosa concealed the February 2020 theft of…
In this expansive interview world leading medical and nutritional scientist Dr Tim Noakes explains why relates to UKZN professor Colleen Aldous, whose independent stance on the use of Ivermectin has made her a lightning rod for criticism from officialdom. Noakes, who is on the verge of releasing findings from fresh…
Independent financial advisor Magnus Heystek has been scouting around the ‘Boere Monaco’ in Mauritius and has found a property development he’s endorsing. Heystek and the developers of the Black River project will be meeting prospective investors in the coming week. Pricing is in line with seaside properties in Hermanus, a…
It took 55-year-old Pierre Carter just 20 minutes to fly from a point near the summit of Mount Everest before he landed near the Nepalese settlement of Gorakshep high in the Himalayan mountains. With this jump, he has opened the door, or more accurately, the skies above the peak for…
BizNews A-Plus Show duo Alec Hogg and Michael Appel are back with episode 6 of their weekly round-up of business, investments, news and politics banter you need to know. In focus this episode, Gold Field's share price dropped over 20% after its $6.7bn acquisition of Yamana Gold; Corion Capital's report…
The Corion Report, released monthly, highlights the whip-sawing given to investors who decided this year listened to the old adage to 'sell in May and go away'. In this podcast, Corion's David Bacher looks back at the critical numbers of the highly volatile month and tells BizNews founder Alec Hogg…
Shareholders were unimpressed by the proposed $6.7bn price which SA's Gold Fields Limited has agreed on to buy Canadian peer Yamana Gold. The acquiring company's share price dropped 22% on the news and shows little signs of recovering, But Gold Fields CEO Chris Griffith believes Mr Market has this one…
Until now, the medical prospects for persons suffering from long Covid have been very bleak. As recently as three weeks ago, BizNews republished an article by our partners at The Wall Street Journal covering long Covid. The central message and, essentially, advice to patients struggling with long Covid symptoms was…
The NPA’s Investigating Directorate (ID) announces it is striking back against those allegedly involved with state capture. There were a string of recent Transnet-related arrests, all tied to dealings with the infamous Gupta family. The country’s collective patience has worn thin and there has been little in the way of…
The government has decided to extend the fuel levy relief for two months. It meant that a predicted R4 per litre hike did not materialise. But the measure could not prevent increases in petrol, diesel and illuminating paraffin, with petrol rising by R2.43 a litre for 93 octane unleaded fuel…
Last year June, BizNews published an article by Marc Girardot, a member of PANDA and one critical thinker, the likes of which have been in woefully short supply since the introduction of Covid-19 to our lives. His article did a deep-dive into natural immunity vs vaccine-induced immunity; it was impeccably…
The Organisation Undoing Tax Abuse (OUTA) believes South Africans can take heart from the recent arrest of several former Transnet and Gupta loyalists. Just in the last week, the National Prosecuting Authority's Investigating Directorate, together with the Hawks, effected the arrests of five high-profile individuals linked to allegations of state…
Stand by for a masterclass in cryptocurrency - and stablecoins - from industry veteran Paolo Ardoino, chief technology officer and spokesman of Tether, the world's largest stablecoin. BizNews Editor Alec Hogg caught up with Ardoino in Davos to unpack the collapse of competitor Terra; the brief breaking of Tether's link…
The first manufactured beef steaks are set to hit restaurants next year. Israeli company Aleph Farms, funded by the sovereign wealth fund of Isreal, UAE and Singapore; venture capitalists and private investors, has successfully created meaty steaks - the real thing, not plant based - 'growing' them through cells drawn…
South African Minister of Human Settlements Mmamoloko Kubayi is leading the SA delegation in Davos. Minister Kubayi has personally been navigating the KZN destruction caused by the devastating floods in the South African Province so the conversations on the impact of Climate Change have been right at the top of…
Investment Banker turned Art Entrepreneur Karabo Morule, founder of Capital Art and a Young Global Leader at the World Economic Forum, goes into detail about her involvement as a panellist and discusses other topics on the agenda at Davos. From climate change and de-globalisation to the creative arts, Karabo is…
27 May 2022 1AM
5 min
2300 – 2320
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