BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
Sam Houlie diving back into equities - spoiled for choice but a no-go on Sasol
Financial markets all over the world have been battered by the economic fallout of the coronavirus with double digit falls recorded on a daily basis. When stocks fell lower and lower; there were a few bulls ready to pick over the bones of depleted stocks, but it was only for…
QE boosts SA banks, bond market; no booze, no travelling, no socialising as SA shuts down; SAA grounded; Shoprite
In today's news headlines: * South Africa’s central bank on Wednesday launched a bond-buying programme, as it followed other countries in quantitative easing measures to drum up demand in credit markets and support banks; * Resources and Energy Minister Gwede Mantashe says the possibility of load shedding during the 21-day…
Inside Covid-19: Best way to use next 21 days; infections pass 450,000; $2trn cash injection for USA - Ep 4
In this episode, stock markets surge to their best session since 1933 after the US throws trillions of dollars at its economy. The South African Reserve Bank has started to follow suit, and we’ll hear from a respected economist why this is a very good idea. On the other hand,…
SARB needs to follow US example and create money. Lots of it - top economist
The US has adopted a "whatever it takes" approach by throwing trillions of dollars at its economy to offset the deflationary impact of Covid-19. Independent economist Rian le Roux believes South Africa needs to follow the American example and commit to injecting more than has this far been set aside…
David Shapiro on stock market's 10% surge celebrating US Govt's "much needed" $2trn injection
For vastly experienced stock market watcher David Shapiro, the $2trn US Government stimulus package is to be applauded. He has little doubt this was the right call - even though it came on top of the promise of even more support from the Federal Reserve. In times of war, he…
Bernard Swanepoel, Alec Hogg: How to help small business SURVIVE Covid-19 war
Small Business Institute executive director Bernard Swanepoel, perhaps best known for his former role as CEO of Harmony Gold - which he built up from a small gold producer to one of the world's largest - is on the boards of a number of South African mining companies, including Impala…
Panic-buying as strict lockdown looms; SA growth to shrink by 5%; platinum soars; US mortgage market in crisis
In today's news headlines: * Supermarkets have been inundated by shoppers and businesses are preparing to shut down operations as the country braces for a three-week lockdown aimed at curbing the spread of the coronavirus; * Economists say South Africa is in a basket of countries that will be in…
Inside Covid-19: SA Govt praised for following China Way as its entrepreneurs adjust - Ep 3
Episode three of Biznews's Inside Covid-19 podcast is twice as long as usual as we look back on the momentous lockdown announcement. Jonny Broomberg paints the global picture, highlighting why South African president Cyril Ramaphosa is receiving so many plaudits for Monday night’s announcement of a complete lockdown – and…
21-day lockdown, SA army to fight Covid-19; global economy in crisis; Old Mutual-Moyo; rand on ropes; Redefine
In today's news headlines: * South Africa is going into a 21-day national lockdown from midnight on Thursday. This was the announcement from President Cyril Ramaphosa, who said pharmacies, banks, petrol stations and grocers will remain open; * Finance ministers and central bank governors from the Group of 20 nations…
Inside Covid-19: Ramaphosa takes SA into lockdown; hope springs in Asia - Ep 2
In episode two of our daily podcast on the Covid-19 pandemic, we examine where South Africa is in the cycle in the wake of President Cyril Ramaphosa's announcement of a three week lockdown where citizens are being confined to their home barracks until April 16. Also in this episode, a…
Learning from others: President Cyril Ramaphosa announces 21-day lockdown to flatten Covid-19 curve
President Cyril Ramaphosa has announced a 21-day lockdown starting at midnight on Thursday to contain the spreading of Covid-19 and 'flatten the curve' in South Africa. It comes as cases in the country increased six-fold in the last 8 days. His announcement also includes the establishment of the Solidarity Fund…
SA tech entrepreneur opening maths teaching vaults to help stay-at-home students
Online education specialists Advantagelearn.com has opened its 2 000 maths-teaching videos, covering Grades 8 to 12, to all South African learners. In this podcast, founder James Lees explains that this is part of the company's contribution to helping in the fight against Covid-19, enabling students who have been forced to…
Delphine Govender: A cool head will always beat Mr Market's insanity. Especially now.
It's half a dozen years since star asset manager Delphine Govender left her cushy home at Allan Gray to co-found Perpetua Investment Managers. In this insightful discussion drawn from the latest episode of Rational Radio, she offers some perspective on the current stock market turbulence. Delphine shares some of the…
Ian Douglas shares Sol Kerzner's secret: Vision while sweating the small stuff
In one of those MUST LISTEN podcasts, Ian Douglas provides us with a very human perspective on his long-time friend Sol Kerzner, the legendary South African entrepreneur who passed away on Saturday evening. Douglas separates the fake from the real in sharing Kerzner's story - from growing up in a…
Ocean Basket CEO Grace Harding: Dealing with a 58% Covid-19 collapse in sales
In this interview drawn from the latest episode of Rational Radio, Ocean Basket's CEO Grace Harding says the company's owners are in it for the long-term. She likens the current situation to one where you go wake up in the morning to a whole new world, with customers having disappeared…
David Shapiro: Investing in shares today is like looking at future beyond a 90 day war
SA's favourite market commentator David Shapiro applies half a century of experience to interpreting the current stock market turbulence. And in this podcast, drawn from the latest episode of Rational Radio, he likens the fight against Covid-19 to a 90 day war: surmising that the market has absorbed the shock…
Rational Radio - Investing in world at war with germs; Sol Kerzner; Ocean Basket; maths for all.
In this week's episode of Rational Radio, David Shapiro and Delphine Govender help us keep cools head while Mr Market is losing his. Plus a MUST LISTEN interview about SA's late Sun King with Ian Douglas who shares the person behind the image - his long-time friend of Sol Kerzner's…
Our new podcast - Inside Covid-19: Global infections pass 300 000, deaths over 13 000 - Ep 1
Welcome to Episode One of Biznews.com's new daily podcast that will keep you updated on the Covid-19 latest developments. In addition to the latest news, in this episode Discovery Health CEO Ryan Noach helps us better understand the virus and how SA's leading health insurer is responding; there's heartening news…
Moody's downgrade fears; MTN slashes prices; Ramaphosa, business brainstorm Covid-19; Capitec; SAA; Kerzner
In today's news headlines: * South Africa could lose its last investment-grade credit rating. Moody’s Investor Service is scheduled to release an assessment of the country on Friday. The loss of an investment-grade credit rating could lead to heavy fund outflows, battering the rand even further, warns Bloomberg. * Tributes…
Business organisations pledge support to government on tackling Covid-19
President Cyril Ramaphosa held a number of consultations in Pretoria today with smaller political parties and the representatives of business organisations to discuss a joint approach to tackling the effects of Covid-19 on South Africa. There was agreement that steps should be taken to look after the vulnerable, the needs…