We call them 'the offenders' - Umhlanga restaurant owner on insurance giants

Loading player...
A deeply frustrated Duncan Heafield, owner of Bellezar Restaurant in Umhlanga, speaks to BizNews founder, Alec Hogg, about the bizarre state of affairs the hospitality industry has found itself in since the lockdown was imposed in March. Heafield has submitted claims against Santam, Old Mutual, Hollard and Guardrisk - referred to as 'the offenders'. All of these claims have been repudiated by 'the offenders' who are sticking to their guns that the lockdown was not caused by Covid-19, but rather that it was caused by the government. Having paid monthly premiums for business interruption insurance in excess of R8,500, Heafield cautions anyone considering taking up insurance to understand their policies very clearly and to ask the 'what if' questions. - Nadya Swart Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Jul 2020 6AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min