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In April he told the country he was done, headed for the private sector. By July he'd changed his mind. Chris Pappas, the DA's rising star and mayor of the party's only municipality in KwaZulu-Natal, explains to Alec Hogg why nobody in his own caucus would take the job, what that says about the DA's succession problem, and why he thinks a 25 to 30% national showing is realistic for the party come November. Plus: Gayton McKenzie's R31 million World Cup bill, South32's big bet on copper, and the helium squeeze putting an obscure Free State gas field on the world's radar.
The PIC's governance crisis has reached the regulator. Hours after suspending CEO Patrick Dlamini and acting CIO August Uys, the board now faces a formal FSCA Section 135 investigation into governance, leadership and transparency at the R3.5 trillion asset manager. DA federal finance chairperson Dr Mark Burke tells Alec Hogg why this is the fifth executive suspension in two years, how a murky Lanseria Airport shareholding sits behind Dlamini's fall, and why two ANC factions inside the GNU are pulling in opposite directions on the PIC's unlisted investments. Also on today's Edge: Amazon's quiet regulatory win over Starlink, a rescue deal taking shape for ArcelorMittal's Newcastle Works, and a tidy payday for Prosus in Uber's swoop on Delivery Hero.
South Africa House in Trafalgar Square, a fixture of SA's diplomatic presence in London since 1933, has closed its doors, with the DA's Ryan Smith blaming decades of Dirco neglect and Dirco insisting it's a planned upgrade. Alec Hogg unpacks the row, plus three stories reshaping money and power: the PIC's suspension of chief executive Patrick Dlamini has drawn a formal FSCA probe, chipmaking giant ASML posted a decisive earnings beat, and IBM suffered its worst single-day share drop in history after admitting AI spending is gutting its legacy software business. Four institutions, one lesson: neglect gets found out.
South Africa's weight loss jab boom has a dark underside. A Pretoria pharmacy, iDexis, was producing roughly 84,500 units of semaglutide a month — more than Novo Nordisk's entire local sales of Ozempic and Wegovy — under the guise of a one-off "compounding" exemption meant for individual patients. Regulators only inspected the premises this year, more than two years after Novo Nordisk first complained, and found no sterile ventilation, no batch records, and no adverse-event tracking. Elsewhere, the Public Investment Corporation has suspended CEO Patrick Dlamini over an alleged Lanseria Airport conflict of interest, its fifth executive suspension in two years.
John Endres, CEO of the Institute for Race Relations, tells BizNews that the elite consensus defending BEE is cracking, even as its beneficiaries defend it loudest. He points to the Starlink saga - blocked partly over empowerment shareholding while a pricier, slower rival wins state favour - as proof the policy is running out of road. Endres also unpacks why so many of South Africa's estimated one million skilled emigrants stay away, and delivers an unexpected verdict: he's more optimistic about South Africa's prospects than Britain's, arguing the UK has traded freedom for safety and lost its economic nerve in the process.
In this Director's Cut of BizNews editor Alec Hogg's conversation with IRR CEO John Endres, the full, unedited exchange goes well beyond BEE and the diaspora. Endres unpacks why R1.8 trillion in corporate reserves and R1.5 trillion parked offshore still isn't flowing home, why Washington's frustration with Pretoria is bipartisan and deepening, and why Treasury's decision to freeze equitable-share payments to Johannesburg and 68 other municipalities is a warning shot that could escalate. He also weighs in on the DA's internal turmoil following Steenhuisen's public break with new leader Geordin Hill-Lewis, and why he still won't drop his "conditional optimism" on South Africa.
In this BizNews interview, Irakli Rekhviashvili sits down with the three people behind FirstRand's R2.5 billion Cape Water Performance-Based Bond, the first time a commercial bank anywhere in the world has tied a bond's payout to nature. The Nature Conservancy's Louise Stafford traces it to 2018, when Cape Town's dams were weeks from "Day Zero" and the catchments were choked with thirsty invasive trees. Her teams have since cleared 40,000 hectares and reclaimed more than 36 billion litres of water. "If we clear that we can reclaim about two months' water supply for Cape Town at a fraction of the cost of grey infrastructure," she says. RMB's Martin Potgieter explains the twist: investors earn a performance-based success payment on top of their coupon, paid only when the trees actually come down and independent verifiers confirm it. The aim, he says, is to "get the investors to start thinking about nature as an asset class," and tellingly, "75% of the outcomes-based funding came from entities that had never before funded nature." Peace Parks Foundation's Colin Porteous frames the deeper problem: "Historically, conservation has been a cash-negative product," and philanthropy alone cannot carry a $700 million, 10-year funding need. Potgieter's parting warning is blunt: ecosystems are "the infrastructure behind the infrastructure," and the money flowing into nature must multiply "by 40, 50, maybe 100 times."
DA insider and Basic Education Minister Siviwe Gwarube responds to claims that DA ministers haven't delivered, days after John Steenhuisen's bombshell interview shook the party. She explains why the DA's current turmoil could actually be its best opportunity yet, and why she says 2029 is now the party's election to win or lose. Also today: Pretoria's risky new carbon regulations, a Russian oligarch turning on Putin, and why Nvidia's trillion dollar selloff might be a buying signal.
Dr Frans Cronje joins Alec Hogg for a wide-ranging catch-up that reframes the week's political noise into something more useful: a structural theory of why the DA is stuck and what it actually has to do next. His regime change argument is sharp — South Africans have lost confidence in the ANC, but they haven't yet gained confidence in the DA as a replacement. Until they do, the country sits in no-man's land. His defense of Tony Leon is equally direct: what Steenhuisen has alleged is lobbying, not state capture, and conflating the two is both factually wrong and damaging to the economy. Also today: Prosus raises $1.65 billion in investment-grade AI-era debt; Hyprop's oversubscribed JSE capital raise proves the exchange is working exactly as it should; and Rob Hersov makes the case for flagpole neutrality at Bishops.
William Sanderson-Meyer has been watching South African politicians for more than three decades. His verdict on John Steenhuisen's News24 interview is unsparing: it was a ransom note. Not a whistleblower's disclosure, not a principled stand — a threat, published in the open, by a man who cannot accept his own demotion and needs the DA to find him a way out. WSM traces the damage: a personal financial hit of half a million rand a year, severed relationships, a tainted brand, and a party now forced to choose between quietly paying him off or risking a public war three months before a local government election. Either outcome, WSM argues, tells you exactly who is really running the DA. Also today: National Treasury pulls funding from 65 municipalities including Johannesburg, Shell sells its South African forecourts to Abu Dhabi's ADNOC, and 91's founders buy their own shares.
Chery just took over Nissan's old Eastern Cape plant, plugging straight into a subsidy scheme that costs South Africans over R40 billion a year, split between just seven manufacturers. Trade expert Donald MacKay tells Alec Hogg why this isn't a normal acquisition, and how the deal appears to sidestep a contribution other big players like Vodacom and Coca-Cola had to make. With a parliamentary review looming in September, is this subsidy model built to last?
Six months ago, KwaZulu-Natal farmer Pete Keene came to BizNews with a warning nobody wanted to hear. His herd was a hundred percent infected with foot and mouth disease, the government's response had a zero percent chance of working, and the law wouldn't even let him reach for a needle and syringe. Today, a lot has changed on paper — the High Court struck down that law, the minister who defended it has been removed — but Pete's message is stark: the fire is still burning, and the real cost, a calving rate that crashed from ninety to thirty percent, won't fully show up until 2032. He never asked for a bailout. He asked to be heard. Also today: Johan Rupert sits on a R100bn cash pile after the cleanest exit in Remgro's history; the DA leads the ANC in by-elections nationally for the first time, then detonates a credibility bomb in the same week; and Business Unity SA walks away from the UIF after six years of being ignored.
Forensic investigator Paul O'Sullivan spent over six hours giving sworn testimony to the Madlanga Commission on Monday — and his argument cuts straight through the mythology around General Ntlantlam Mkwanazi. O'Sullivan says the man hailed as a rare whistleblowing cop has in fact been part of the problem since 2012, when he unlawfully unsuspended Richard Mdluli on what O'Sullivan says were Jacob Zuma's instructions — then covered it up for eight years. A whistleblower, he told the commission, needs clean hands. He also argues Mkwanazi's balaclava-clad press conference of July 2025 was timed to deflect from the arrest of seven senior crime intelligence officers two days earlier. Also today: Ramaphosa's cabinet reshuffle delivers one jaw-dropping own goal — Dina Pule, found guilty of persistent dishonesty by Parliament, now controls R300bn in social grants. And South 32 shares jump 10% as Alcoa commits $5.5bn to South African industrial assets.
Freedom Front Plus leader Corné Mulder gives BizNews the clearest outside read yet on the Democratic Alliance's implosion — tracing the Steenhuisen saga back to Trump's first executive order, the Oval Office "dim the lights" meeting, and a coalition built without a negotiated platform. Mulder explains why he feels sorry for his old rival, draws a hard line between DA and FF Plus values ahead of the local government elections, and warns of "bad actors on the periphery" who want South Africa's economy to fail. Plus: ABSA shares drop 8% despite calm guidance, and Tony Leon hits back at Steenhuisen's claims that his firm pulled strings behind the scenes.
Rian Malan is the author of My Traitor's Heart — a bestseller translated into 11 languages, still in print decades after publication, and a book that drew praise from V.S. Naipaul, John le Carré and the New York Times as one of the most important works ever written about South Africa. In short, he is the real thing, one of the finest non-fiction writers our country has produced. And for me, easily the greatest living SA writer. Commissioning Malan at rates that reflect his stature is beyond what BizNews can fund from its operating budget. The economics of modern media — collapsing CPMs, platform aggregation, subscription fatigue — make it impossible. But a BizNews community member has changed that. Their donation has seeded a commissioning fund dedicated to sourcing the very best South African writing and research for our readers: work we could not otherwise afford. This is not charity. It is an investment in the journalism South Africa needs — fearless, deeply reported, written with the skill that makes it stick. If this piece moves you, consider joining the fund. Write to me via alec@biznews.com. Not to cover salaries or overheads, but to put more Rian Malans in front of more South Africans. And for the rest of the tribe, enjoy. - Alec Hogg
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 for discount and drift, has delivered full-year results that show a genuine turnaround — every regional ecosystem now profitable, Takealot breaking even for the first time, and a buyback programme outpacing Meta and Apple. And then the story Alec Hogg has been building toward for months: Malcolm King, the invisible man behind the Steinhoff fraud, found dead in a Cotswolds village — poisoned by a Romanian sex worker — before justice could reach him. The Reserve Bank reckoning rolls on. This one is worth your full attention.
African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up more than sixfold, and the very morning African Bank's loss landed, Tharisa was locking in fresh funding for its next mine. Anglo American, meanwhile, is reshaping itself around copper, selling out of coal and much of its South African portfolio while holding on to iron ore, and what that signals for local investors is the real question.
Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800% earnings swing, and the full story has not landed yet.
We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater's debt-free gold business despite solid restructuring plans. We also highlight Attacq's resilient property portfolio and Steenkamp Kraal's historic rare earth processing breakthrough. Finally, we head global to unpack Andy Burnham's sudden political rise in the UK and SpaceX's dramatic post-IPO market slide.
BizNews editor Alec Hogg leads with a political signal investors shouldn't miss: the DA is moving to replace John Steenhuisen as Agriculture Minister after three High Court cost orders — and his proposed successor is an actual farmer. Then Dr. Duarte da Silva's third paper on South Africa's gold lands with force: the Witwatersrand holds as much gold underground as it has ever produced, Australia spends 70 times more exploring its endowment, and SA's share of African exploration budgets has collapsed from 35% to 7%. On the JSE: Premier Group is the standout — net profit up nearly 30% while digesting the RFG acquisition. Vukile raises R2.8 billion for Italy, heavily oversubscribed. Stor-Age quietly accumulates institutional buyers. Powerfleet's integration pain is finally paying off. And Brikor heads for the exit. The close ties it together: the political story and the gold story are the same story.
In this Boardroom Talk, BizNews editor Alec Hogg unpacks the political and practical unravelling of John Steenhuisen's tenure as South Africa's Minister of Agriculture. From the foot-and-mouth disease crisis that exposed a fatal mismatch between parliamentary skill and executive capability, to three damning High Court cost orders, Hogg traces how one of the DA's most respected figures ended up on the wrong side of the very accountability standards his party championed. But this isn't just a post-mortem. It's also a sharp-eyed assessment of what new DA leader Jordan Hill Lewis's decisive — and graceful — cabinet reshuffle reveals about the kind of leader he intends to be. Performance over loyalty. Outcomes over comfort. Is this the beginning of something different in South African politics?
Stef and Daneel Steinmann couldn't buy the vintage Springbok jerseys they kept seeing around Stellenbosch in 2019, a Rugby World Cup year when green and gold were everywhere, so after roughly 100 emails they found a supplier and started their own brand, Old School SA. Six years on, Old School holds official partnerships and licences with the Springboks, Orlando Pirates, Kaizer Chiefs, Manchester City and the NBA, and operates branded stores across the country. With Bafana Bafana back at the Football World Cup for the first time in 16 years, Old School is now the official supporters' brand, and their Bafana kit has become so popular that, as Stef Steinmann puts it, “people are sleeping in their jerseys.” In an interview with BizNews, he reflects on their journey and the brother dynamic, how Daneel knocks on doors “making promises” while Stef makes sure those promises are kept, a balance that works. Daneel is already on the ground with Bafana Bafana in Mexico, where they played their first match, while Stef, delayed by a visa issue, is holding the fort in South Africa. What does he attribute their meteoric success to? Uniting people behind the teams they love, because people tend to remember who they were with during the big sporting moments more than the match itself. - Linda van Tilburg
BizNews editor Alec Hogg unpacks a day when geopolitics, markets and history collided. SPAR's SA operating profit collapsed 73% — yet the stock rallied on relief. Afrimat's Competition Tribunal disposal barely moved the needle. MTN laid out its Ambition 2030 strategy and the market sold the news. Then the big stories: US and Iranian forces exchanged strikes near the Strait of Hormuz, Bill Gates faced Congress over his Epstein ties, and SpaceX set a fixed IPO price of $135 — with $250bn of demand for a $75bn raise. Friday's listing could be the most consequential in a generation.
Omnia and Sygnia deliver standout half-year numbers and shareholders cheer. PPC posts 84% profit growth and the stock drops 3.5%. Alec Hogg unpacks three SENS announcements that tell you everything about how markets actually work — and why beating expectations matters more than beating last year.
To get Cape fynbos and proteas ready for the Chelsea Flower Show after wildfire one year and drenching rain the next is no small feat. But Leon Kluge, South Africa's plant guru and master designer, has done it again. This year he returned from the RHS Chelsea Flower Show in London, the world's most prestigious floral showcase, with not only a Gold medal but also the coveted Best Exhibit in the Great Pavilion for Life After Fire. The display, one of South Africa's largest ever at Chelsea, featured 20,000 stems, thousands of burnt protea branches and even blooms from the Drakensberg. In an interview with BizNews, Kluge describes the hurdles he and artist Tristan Woudberg faced, from hostile weather to the soaring cost of flights. South Africans will be able to see the exhibition in September in Stanford in the Overberg, an event dedicated to the community and the flower pickers who helped make it possible. Kluge says South Africa's natural spaces are becoming fewer and more fragile, and that he sees it as his responsibility to tell the story of an ecosystem that is both uniquely vulnerable and admired around the world. – Linda van Tilburg
A young South African filmmaker is heading to Hollywood after her one‑take student film, Ongeluk, rose above more than 8,400 global entries to secure a place in the 2026 Sony Future Filmmaker Awards. Centurion's Talita Brits, 24, will join four other finalists in Los Angeles for a week of masterclasses at Sony Pictures Studios ahead of the gala ceremony on 11 June. Brits told BizNews about the chaos of shooting a high‑stakes, low‑budget film in a single take and why she gravitates toward stories that push audiences to confront uncomfortable ethical choices. Her next project, part of her honours research at the Open Window Institute, explores one of filmmaking's most sensitive challenges: how to portray suicide responsibly. She hopes her work will help young people speak more openly about mental health, depression, anxiety and cyberbullying.
BizNews editor Alec Hogg sits down with THIRSTI founder and CEO Rob Hoatson at the company's Tulbagh bottling plant for a wide-ranging discussion on state overreach, private-sector investment, Woolworths, counterfeit bottled water, the informal market and South Africa's looming water infrastructure challenge. Hoatson explains why his family business continues to invest heavily in SA, why standing up to abuse matters, and how THIRSTI has built a differentiated brand in a fast-growing market.
Five years after his explosive Voetsek ANC speech, global entrepreneur Rob Hersov returns to BizNews with a wide-ranging update on South Africa's political and investment landscape. Speaking to BizNews editor Alec Hogg, Hersov weighs in on Cyril Ramaphosa's Phala Phala troubles, the ANC's decline, the GNU's coming reckoning, Prince Mashele's political ambitions, Gayton McKenzie's rise, the 2026 municipal elections, and the global impact of the Ukraine and Middle East wars.
In this interview with Irakli of BizNews, Currency co-founder Giulietta Talevi unpacks the April 23 letter from Finance Minister Enoch Godongwana to Joburg Mayor Dada Morero, which laid bare the city's "shocking" financial picture: just R3.9bn in cash against R25bn owed to creditors. "Technically, you would say that it's bankrupt now, and cannot afford an excessively expensive wage deal," Talevi says of the R10.3bn SAMWU agreement at the heart of the dispute. She explains why Moody's downgrade watch is really about governance — not just numbers — pointing out that the city's failure to produce its audited financial statements "indicates serious deterioration in governance, and not just Joburg's financial health." Two deadlines loom: audited financials owed to the JSE by May 31, and a R1.4bn bond repayment due June 22. Talevi explains that because the debt is unsecured, all creditors "are treated equally" — meaning a single default event could trigger every lender to call in their loans simultaneously. She also raises the spectre of moral hazard, citing Chartis Asset Management's Ian Scott on what he calls a "treasury-funded put" — the idea that bailing out Joburg signals to leadership that they "can mess up, you can collapse the financial situation of the country's biggest Metro… and we'll bail you out because you're too big to fail." When Irakli draws a parallel to the e-toll saga, Talevi agrees taxpayers are "on the hook again" — paying their taxes only to face additional costs for the basic services those taxes were meant to fund.
Egoli Youth Empowerment started with squash courts in Soweto and grew into a holistic youth development programme spanning sport, academic support, life skills, leadership, entrepreneurship and urban farming. Director Glenn Lazarus and Programme Director Sharon Sibanda tell BizNews how EYE is creating safe spaces, developing young talent, and helping vulnerable youth in Soweto and Johannesburg's inner city build confidence, resilience and opportunity.
Another victim has come forward to share her experience of allegedly being scammed by FXSI, a company accused of using sophisticated online tactics and deepfake-style advertising to lure victims into fraudulent investments. In this follow-up interview with BizNews, the victim explains how she first encountered the scheme through social media adverts that appeared credible and professionally produced, creating the impression of a legitimate investment opportunity. The victim shares details how scammers built trust over time through persistent communication and promises of significant returns, before allegedly pressuring them into depositing more money. The interview also explores the emotional toll of the ordeal, the difficulties victims face after realising they have been deceived, and the steps she has taken to report the matter to authorities, including the South African Police Service. As AI-generated scams and impersonation fraud become increasingly sophisticated, this interview highlights the growing risks facing ordinary South Africans online. The victim's decision to speak publicly adds to mounting concerns around deepfake financial scams exploiting trusted public figures, media brands, and the credibility of online investment advertising.
Discount retailer Boxer is accelerating its expansion strategy with 50 new stores added over the past year and a growing focus on liquor outlets attached to supermarkets. In an interview with BizNews, Marek Masojada says the retailer remains confident in its low-cost model despite mounting pressure from rising energy costs and intensifying competition. With a new KZN distribution centre now online, strong cash generation and plans for 60 more stores, Boxer is betting big on value-conscious South African consumers.
In this interview with BizNews, Ryan Passmore – Durban-based fintech founder of ZenFund Connect – unpacks why he believes South Africa's student funding system is broken, and how he proposes to fix it. Passmore points to the "missing middle": households earning between R350,000 and R600,000 a year, who are too well-off to qualify for NSFAS but cannot afford the R19,000 a month the University of Pretoria says it costs to put a child through an undergraduate degree. He cites stark 2026 figures – NSFAS received over 900,000 first-time applications, with more than 100,000 rejected outright, while of 500,000 continuing students assessed, only 100,000 were approved. Passmore says: "I believe the missing middle is South Africa's policy blind spot." He outlines how ZenFund Connect – a nonprofit student life ecosystem associated with the Chad le Clos Foundation, spanning South Africa's 26 public universities – aims to plug the gap through three integrated modules: finance, DHET-verified student accommodation, and career placement. Passmore argues that bursaries and loans alone will not solve graduate unemployment; only an end-to-end ecosystem that walks with the student from matric through to a job placement can shift the trajectory of the working-class families he calls the country's invisible backbone – the nurses, teachers, civil servants and small business owners whose children South Africa cannot afford to lose.
President Trump has paused "Project Freedom" in the Strait of Hormuz to evaluate a potential agreement with Iran, causing oil prices to retreat as US equities reach record highs. Meanwhile, the SEC proposes shifting to semiannual earnings reports, and AMD reports surging revenue driven by AI demand. Locally, BizNews editor Alec Hogg defiantly rejects legal threats from a deepfake scam syndicate, and intelligence analyst Chris Wyatt discusses the "painful" reality of South African fuel price hikes.
In this episode of Boardroom Talk, BizNews editor Alec Hogg exposes the AI-powered FXSI scam that used deepfake footage of him and President Cyril Ramaphosa on a fake Carte Blanche set to lure unsuspecting South Africans into a fraudulent trading scheme. After BizNews interviewed an anonymous victim who lost more than R24,000, lawyers claiming to act for FXSI demanded the article and podcast be removed. Hogg's response: no.
In today's BizNews Daybreak: A sobering first-hand account of a deepfake investment scam that cost a BizNews community member over R24 000. We also analyse the latest earnings from Google, Meta, and Amazon, where artificial intelligence is driving both massive revenue growth and a historic surge in infrastructure spending. Finally, we cover President Trump's "Project Freedom" initiative to guide neutral ships through the Strait of Hormuz amid rising tensions in the Persian Gulf.
This interview tells the cautionary story of a South African victim who lost over R24,000 after being drawn into a sophisticated online trading scam run through a platform called FXSI. What began with a convincing video advert and seemingly professional “account managers” quickly turned into a high-pressure scheme, with the victim encouraged to make larger deposits and then pressured to pay more to recover losses. The interview highlights how manipulative and believable online investment scams can be, the emotional toll they take on victims, and the importance of verifying any platform before committing money.
In this episode of Boardroom Talk, BizNews editor Alec Hogg unpacks a blockbuster night for global tech investors, with Alphabet, Meta and Amazon all reporting quarterly results. Held in the BizNews Ricardo US dollar portfolio, the three tech titans reveal how artificial intelligence has shifted from promise to hard infrastructure — and hard spending. Hogg explains what booming cloud revenues, massive AI capex, inflated paper gains and resilient core businesses mean for South African investors with offshore exposure.
The United Kingdom remains a stable and attractive property investment destination for South Africans, says Mikayla Morkel-Brink from immigration specialists Sable International. She explained to Biznews in an interview that rental demand is driven by a chronic undersupply of housing and consistently high tenant demand. For South Africans, the appeal is reinforced by realistic net yields of 7–8% and mortgage rates of around 4–5%, far lower than in South Africa. Asked whether the upcoming Renters' Rights Act will affect landlords, MorkelBrink says the shift toward more openended leases, rather than fixed 12month contracts, is unlikely to have a significant impact in the regional university university cities such as Leeds and Birmingham where Sable operates. The company is also highlighting new opportunities in Reading, a regeneration hotspot on the Thames within easy reach of London. – Linda van Tilburg
Download and read the BNC#8 post-conference PDF here: https://bit.ly/4eB6uCi In a candid address to the Hermanus Rotary Club, BizNews editor Alec Hogg reflects on the key takeaways from BizNews Conference 8, unpacking South Africa's economic stagnation, governance failures, and the growing realisation that “Pretoria will not provide.” Drawing on insights from global and local thought leaders, he highlights both the risks of a “parasitic state” and the opportunities for renewal through civic action, investment discipline, and self-reliance—offering a sober yet ultimately hopeful outlook for the country's future.
Stellenbosch student‑turned‑founder Veer Gosai built an edtech platform serving millions of school pupils with free past exam papers – and he's not only a tech entrepreneur. A stolen ID led him to uncover fraud in the SASSA grant system. In this BizNews interview, Gosai talks about how his exam‑prep platform Taptic has expanded to seven African countries, with another eight in his sights; why he believes AI is detrimental to the youth in a country where more than 80% of Grade 4s cannot read for meaning; and, in an interesting titbit, how his data shows that Grade 9s are the “laziest” learners in South Africa. – Linda van Tilburg
Jock of the Bushveld, the classic story of how the runt of the litter became the trusted, gutsy companion of Sir Percy FitzPatrick during South Africa's goldmining era, is one of the country's most enduring stories. The book once outsold the Bible locally and was adapted into a feature film by producer Duncan MacNeillie, released in 1986. Now, a new generation will be able to see the film, which is being upscaled in 4K with the help of AI. In an interview with BizNews, MacNeillie said his original master copy of the film was destroyed and that, for years, he tried unsuccessfully to upgrade the film, which enjoyed one of the longest theatrical runs in SterKinekor's history. Financially, the theme song, Spirit of the Great Heart, became Johnny Clegg's most successful song. With recent advances in AI, MacNeillie is now able to restore and rerelease the film for a new generation. While Disney showed interest at the time, the film was blocked internationally because of apartheid. This beloved story will now be available first to South African audiences and then worldwide. – Linda van Tilburg
In this Boardroom Talk, BizNews editor Alec Hogg unpacks Tesla's shift into AI and robotics, Sasol's resilience amid oil shocks, and Teledyne's disciplined growth — highlighting how each plays a role in a rational, diversified portfolio.
In this Boardroom Talk, BizNews editor Alec Hogg takes a second-level look at three heavyweight shares in the BizNews Ricardo portfolios — Capitec, Chubb and Remgro. He unpacks Capitec's strong growth and rising credit risk, Chubb's underwriting discipline, and Remgro's FirstRand exit as a capital-allocation play, highlighting what each says about management quality and long-term shareholder value. Engage with the BizNews Portfolios here: https://www.biznews.com/investment-webinar/2025/04/09/biznews-portfolios
BizNews editor Alec Hogg sits down with Ranmore Fund Management founder and chief investment officer Sean Peche for an investing masterclass on navigating volatile markets. Using a vivid analogy about buck grazing where the lions lurk, Peche explains why investors should avoid the herd, focus on value, and stay disciplined when fear and greed drive market swings. It's a timely conversation packed with practical lessons for both new and seasoned investors.
South Africa's housing backlog exceeds 2.5 million units, with more than 4,000 informal settlements straining municipalities for serviced land. KwaMashu-born architect Wandile Mthiyane, who grew up in a mud-brick shack, is developing Ubuntu Home – an AI platform designed to provide people with land, services and AI tools so they can design and build their own homes. In a Biznews interview, Mthiyane recalls his aunt receiving a Mandela-era housing list number but recently dying still in the same shack. He says the crisis needs decentralised solutions, not more top-down contractors. The Obama fellow and future Harvard student launched the Walk for Home to raise R3 million to develop and scale the platform. He reports receiving many offers of accommodation, financial assistance, and support within days. – Linda van Tilburg
Heavily armed illegal mining syndicates are no longer just a problem for abandoned shafts and remote communities. In this interview, De Wet du Toit of the Blyde River Task Force tells BizNews how zama-zama operations linked to foreign criminal networks are threatening South Africa's water systems, tourism economy and wildlife heartland, while residents, farmers and activists face growing danger on the ground.
In this Boardroom Talk, BizNews editor Alec Hogg details how President Cyril Ramaphosa's appointment of Roelf Meyer as South Africa's envoy to Washington is one of the smartest decisions of his presidency. Hogg says Meyer's credibility, history and stature could help thaw a badly damaged US-SA relationship, ease pressure around AGOA, and signal a long-overdue return to pragmatic, economically minded diplomacy.
In this Boardroom Talk podcast, BizNews editor Alec Hogg details how South Africa is sitting on extraordinary oil and gas potential just as the world searches for safer energy sources beyond the volatile Middle East. Using fresh discoveries in the Republic of Congo and Namibia as examples, he makes the case that regulatory paralysis, ideological resistance and government indecision are stopping South Africa from unlocking investment, jobs and badly needed growth.
South Africa's Hartebeesthoek ground station has once again proven its strategic value in deep space exploration, delivering critical tracking support for NASA's historic Artemis II mission, the first crewed lunar flyby in over 50 years. SANSA Space Operations Executive Director Raoul Hodges told BizNews in an interview, how the station's veteran 12-metre antenna provided essential one-way data to help pinpoint the Orion spacecraft, the excitement in the control room during passes behind the Moon's far side, and why South Africa's Southern Hemisphere location remains vital for global lunar missions. Looking ahead, Hodges outlines plans for the new Matjiesfontein ground station and efforts to train the next generation of South African space professionals as the country positions itself for Artemis III, IV and the intensifying international space race. – Linda van Tilburg