BizNews Briefing - Rate cut joy; immature politicians; Remgro v Discovery; Exploding pagers

For the past dozen years, Brenthurst Wealth founder Magnus Heystek has (correctly) been consistently bearish on South African assets. In this interview with BizNews editor Alec Hogg he explains why things may be turning - explaining that the bullish mood among locals could spark global capital inflows.

Residents of Wilgenhof at Stellenbosch University are in “despair” following the decision to close down the residence following an investigation into two rooms used by an internal disciplinary committee. In this interview with BizNews, Nicola Theron, a spokesperson of the Association for the Advancement of Wilgenhof Residents, speaks about the…

This episode of the BizNews Briefing covers the major news events of the moment, moving from the impact of the Chinese stimulus package to surging SA commodity shares and continuing tensions over Stellenbosch University Council's decision to close the historic Wilgenhof residence. It is hosted by BizNews editor Alec Hogg.

South Africa was abuzz yesterday following reports of a meeting between South African-born billionaire Elon Musk and President Cyril Ramaphosa in New York. Footage released by the Government Communication and Information System (GCIS) captured the two engaged in discussions in Ramaphosa’s hotel room during his attendance at the United Nations…

At the BizNews Investment Conference BNIC#1, fund manager Sean Peche sounded the alarm on overvalued US stocks and revealed where smart investors like Warren Buffett are hedging their bets. Highlighting the excessive hype around companies like Nvidia and Apple, Peche emphasized the need to diversify into underappreciated sectors, from European…