Podcasts about gidon novick

Mpumi Zikalala, CEO at Kumba Iron Ore on their half year financial results.  Gidon Novick, co-founder at Lift Airline on the minority shareholders selling their stake, so that the Takatso Consortium deal can meet the Competition Tribunal's condition to own SAA. In our investment school, Charles Savage, group CEO at Purple Group discussed the impact of AI on investing and its benefits for retail Investors.See omnystudio.com/listener for privacy information.

  Clement speaks to Co-founder of Lyft and Takatso consortium minority shareholder, Gidon Novick as he gives update on the SAA deal following the decision by minority shareholders to sell their stake.See omnystudio.com/listener for privacy information.

After a key member in South African Airways's (SAA's) chosen equity partner, the Takatso consortium, resigned over concerns around the deal, government claimed that "deliberate misinformation" was being spread by "certain elements" aimed at scuttling the transaction. On Monday, Gidon Novick, the former co-CEO of kulula.com and co-founder of LIFT, announced his resignation from the board of the consortium, telling News24 this was amid concerns around its ability to raise enough money and "a lack of information and communication". Novick represented Global Airways, an aviation leasing group which owns LIFT, on the board. The Department of Public Enterprises (DPE) said in a statement on Friday morning that the "public should be aware of the efforts of competitors, detractors, and other forces to undermine our efforts to save jobs and ensure a viable airline". "Government is awaiting the completion of the regulatory processes and thereafter will finalise Takatso's acquisition of the 51% shareholding in SAA. The deal is not at risk," DPE said. "We condemn the deliberate misinformation and casting of doubt about the transaction and regulatory processes since the resignation of Gideon Novick [sic] as a board member of the Takatso consortium." "DPE wants to thank the travelling public and loyal SAA customers for their continued support. Your support has helped to create over 800 jobs for pilots, cabin crew and other workers. "Their jobs are being endangered by the selfishness, reckless behaviour and greed of certain elements." Takatso consists of the infrastructure investment firm Harith as majority shareholder, and Global Airways, which owns airline LIFT, as minority shareholder. Public Enterprises Minister Pravin Gordhan this week dismissed Novick's resignation in Parliament, calling him a "small and relatively minor party in a transaction". However, a senior industry player told News24 that Novick was crucial to the due diligence for the SAA deal given his experience. Novick and Global Airways were supposed to contribute aviation expertise to a "new" SAA. The DPE said on Friday that it was certain "Takatso will introduce the required technical, financial, and operational expertise into the business". There has also previously been doubts about Harith's ability to raise the funding from the start. Harith CEO and Takatso chair Tshepo Mahloele told News24 on Tuesday that until government pays SAA's outstanding debt, Harith is unable to wrap up the final funding for the deal. Mahloele told News24 he also welcomed Novick's resignation, saying it resolved competition issues with LIFT.

Tshepo Mahloele, voorsitter van die Takatso-konsortium gesels oor konflik met Lift, of daar deursigtigheid was tussen die Takatso-konsortium en Novick, asook die status van die SAL ooreenkoms.

    Clement is joined by Co-Founder at Lift Airline, Gidon Novick, Chartered accountant and analyst, Khaya Sithole and Democratic Alliance member of Scopa, Alf Lees following Gidon Novick's resignation from Takatso Board.See omnystudio.com/listener for privacy information.

✈️The partnership between South African Airways (SAA) and Takatso Consortium hangs in the balance following the resignation of Gidon Novick. A devastating airshow crash in the USA, supply chain issues with Pratt and Whitney engines and we open up on plans for an entirely different additional show in the new year. Join us next week for a live collaboration with World Air News.      ✅Quick Episode Summary:     SAA in the news. Lift Airline news. SARS sheds light on the traveller declaration system

For many external observers, airline veteran Gidon Novick personified the best chance of a turnaround for teetering South African Airways and saving at least some of the billions injected by taxpayers. But the former CEO of Comair and co-founder of Lift this week announced his resignation as a director of the Takatso consortium which is negotiating to acquire 51% of SAA. Forthright as ever, Novick says his team brought airline expertise to the consortium and invested heavily over 18 months in compiling a project plan – but despite its 20% shareholding was “kept in the dark”. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices

‘One can't have the fiduciary responsibility that comes with being a director of a company if you don't have access to information:' Gidon Novick

Public Enterprises Minister Pravin Gordhan said the South African Airways (SAA) deal with government's chosen partner, the Takatso consortium, "remained alive" and dismissed a major schism in the consortium as "argy-bargy". On Monday, Gidon Novick resigned from the consortium's board, citing concerns about its ability to raise the money needed for the deal. The former co-CEO of kulula.com and co-founder of LIFT, also represented Global Airways, an aviation leasing company which owns LIFT. They are the minority shareholders in Takatso, and were supposed to contribute aviation expertise to a "new" SAA. The investment fund Harith is the majority partner in the consortium and was responsible for raising money for the deal. Takatso is supposed to take a 51% stake in SAA. In return, they would invest R3-billion in the airline over two years. For its part, Harith said Novick's resignation was "appropriate" given the potential conflicts of interest between LIFT and SAA. On Tuesday, Gordhan told Parliament's Standing Committee on Public Accounts that it was intriguing that Novick resigned from the Takatso board, but did not resign as a partner, likening such an act to "having your cake and eating it". Global Airways and Novick are retaining their stakes in Takatso. "Mr Novick was a small and relatively minor party in a transaction. Just because he happens to be somebody with experience somewhere in his past, as all of us do, doesn't discredit everybody else, nor does it mean that what he puts on the table is something that one must take seriously," Gordhan said. Gordhan said that despite concerns the deal was still moving along. "Issues have emerged in the public domain over the last 24 hours, but that is an internal matter as far as the consortium is concerned and is part of the argy-bargy of such a transaction. The transaction remains both alive and live," said Gordhan. 'Minor party' Gordhan and multiple members of the delegation, which included the Department of Public Enterprises and SAA, told Scopa that the Takatso deal was in a "sensitive" stage, which prevented them from sharing the finer details. Scopa member and Democratic Alliance MP Alf Lees insisted on the committee getting a full report of SAA's financials, saying that Scopa and the South African public must know what SAA's financial position and the process of the transaction was. "This cannot be a closed process. Who is the department talking to at Takatso if the CEO does not know the details? This is a parliamentary committee that is owned by the South African public. To say that performance is better than budget is really treating us with disdain," said Lees. In response to a question from Lees on how SAA hoped to fund the transaction if Takatso did not have the funding, Gordhan said the department had been given an assurance that the deal would not fall through over a lack of funding. SAA CEO and interim chair John Lamola said on 3 November, the Special Investigating Unit was making progress in investigating 23 contracts at SAA relating to general procurement and aircraft leases dating back to 2015-16. "Matters being investigated were indicated without providing detailed information into what they are investigating that all of them are sensitive and withheld so as not to impugn on the reputations of companies under investigation," said Lamola.

Gidon Novick, stigter van Kulula en Lift gesels oor hoekom hy bedank het, of die minderheid aandeelhouers hom sal vervang en of daar konflik van belange sal ontstaan.

 Gidon Novick has resigned as the CEO and board member of Takatso Consortium that plans to buy 51% of SAA. Novick says he was frustrated by the lack of transparency regarding the progress of the transaction.  But other consortium shareholders have accused him of a potential conflict of interest. It's been almost two years since the Department of Public Enterprises, announced Takatso as the equity partner.  As part of the deal, Takatso are meant to commit at least R3bn towards the relaunch of SAA. Sakina Kamwendo spoke  Independent analyst , Khaya Sithole

  Gidon Novick, co-founder at Lift Airline on his reasons why he left the board of Takatso consortium, which is SAA's equity partner.    Andrew Woodburn, managing director at Amrop Woodburn Mann on why faking your qualification as a senior executive is pervasive in South Africa.    Then actress and television host Lerato Mvelase spoke about her finances in Other People's Money. See omnystudio.com/listener for privacy information.

Guest: Aviation Expert Guy Leitch joins John to discuss the implications of the resignation of Gidon Novick's resignation from the board of SAA's chosen equity partner, The Takatso Consortium.See omnystudio.com/listener for privacy information.

Guest: Gidon Novick | Co-Founder at Lift AirlineSee omnystudio.com/listener for privacy information.

This morning's Briefing looks at the worst first half for shares since 1970; features excerpts from interviews with the lawyer whose business client successfully sued the ANC for R102m, andairline veteran Gidon Novick who talks about the demise of the 'family business' Comair, his successful new airline Lift, and the bid to buy SAA; plus our partners at the FT explains why the dream of China's middle class is to find somewhere else to live. Learn more about your ad choices. Visit megaphone.fm/adchoices

His family's half century of involvement with the bankrupt Comair ended 10 years ago, but as you'll hear in this podcast, former CEO Gidon Novick is still smarting at the demise of the 'family business'. The qualified chartered accountant has moved on, however, helping to cofound the successful Jhb/CT route specialist airline Lift, and a key participant in the consortium that's acquiring South African Airways. Novick updates us on the latest at these two airline, on conditions in the sector and takes a flyer at where it will be heading in this interview with Alec Hogg of BizNews.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gidon Novick – uitvoerende hoof, Takatso Consortium

Jonathan Ayache is the Chief Executive Officer and co-founder of LIFT, South Africa's newest and most innovative airline, operated by Global Aviation Operations (Pty), which launched on December 10, 2020. Together with co-founder Gidon Novick, Jonathan has shown dedication to creating an airline that is customer-obsessed; one that's super-efficient, leverages off record low input costs and is both agile and flexible. In the latest Business Unusual podcast, Ralf Fletcher, CEO of Topco Media, engages in conversation with Jonathan Ayache to chat about how to handle hyper-growth and ‘the unexpected'. Jonathan provides amazing insight on taking risky leaps in your career, fostering an ‘Ownership Mindset' in your team members, and understanding your customers' unique pain points.

Jonathan Ayache is the Chief Executive Officer and co-founder of LIFT, South Africa's newest and most innovative airline, operated by Global Aviation Operations (Pty), which launched on December 10, 2020. Together with co-founder Gidon Novick, Jonathan has shown dedication to creating an airline that is customer-obsessed; one that's super-efficient, leverages off record low input costs and is both agile and flexible. In the latest Business Unusual podcast, Ralf Fletcher, CEO of Topco Media, engages in conversation with Jonathan Ayache to chat about how to handle hyper-growth and ‘the unexpected'. Jonathan provides amazing insight on taking risky leaps in your career, fostering an ‘Ownership Mindset' in your team members, and understanding your customers' unique pain points.

Gidon Novick – uitvoerende hoof, Takatso-konsortium

Last week, our partners at Bloomberg reported that South Africa had agreed to sell a majority stake in the country's grounded national carrier to a local jet-leasing company and private-equity firm. The news was received with a collective sigh of relief, as SAA has been a drain on state finances for far too long. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General Partners will take a 51% shareholding in South African Airways. Tshepo Mahloele, the Chief Executive Officer at Harith, is one of the originators of the $630m Pan African Infrastructure Development Fund. Mahloele has partnered with Gidon Novick, the co-founder of Lift, who has stepped back into the industry he was born into nine years after stepping down as CEO of Comair. With these two at the helm, SAA may just have a fighting chance. BizNews founder Alec Hogg spoke to Tshepo Mahloele about their newest venture.

Last week, our partners at Bloomberg reported that South Africa had agreed to sell a majority stake in the country's grounded national carrier to a local jet-leasing company and private-equity firm. The news was received with a collective sigh of relief, as SAA has been a drain on state finances for far too long. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General Partners will take a 51% shareholding in South African Airways. Tshepo Mahloele, the Chief Executive Officer at Harith, is one of the originators of the $630m Pan African Infrastructure Development Fund. Mahloele has partnered with Gidon Novick, the co-founder of Lift, who has stepped back into the industry he was born into nine years after stepping down as CEO of Comair. With these two at the helm, SAA may just have a fighting chance. BizNews founder Alec Hogg spoke to Tshepo Mahloele about their newest venture.

Time is running out to take advantage of a rare tax deduction that allows you to chop your income tax bill - in exchange for investing in a South African venture capital company. In this interview, you'll hear from South African entrepreneur Gidon Novick, who started Kulula and Lift, about a 12J fund that is developing upmarket retirement homes in Johannesburg and Cape Town. He has his own money in the fund. After you've listened to the interview, go to the BizNews.com 12J section for full details and to register your interest in the investment.

Time is running out to take advantage of a rare tax deduction that allows you to chop your income tax bill - in exchange for investing in a South African venture capital company. In this interview, you'll hear from South African entrepreneur Gidon Novick, who started Kulula and Lift, about a 12J fund that is developing upmarket retirement homes in Johannesburg and Cape Town. He has his own money in the fund. After you've listened to the interview, go to the BizNews.com 12J section for full details and to register your interest in the investment.

Mango airlines has been making headlines this past week as it has been said to go into business rescue. Lift's Gidon Novick joined the BizNews Power Hour to share what he thinks about Mango's demise and to tell all about where Lift is today.

Mango airlines has been making headlines this past week as it has been said to go into business rescue. Lift's Gidon Novick joined the BizNews Power Hour to share what he thinks about Mango's demise and to tell all about where Lift is today.

Gidon Novick is the founder of Lift, South Africa's new low cost airline. He spoke to the BizNews Power Hour on Comair demise and Lift's take off. Gidon told Alec Hogg that the secret to an airlines' success is the culture, making sure that employees are happy at work and giving customers a great experience.

Gidon Novick is the founder of Lift, South Africa's new low cost airline. He spoke to the BizNews Power Hour on Comair demise and Lift's take off. Gidon told Alec Hogg that the secret to an airlines' success is the culture, making sure that employees are happy at work and giving customers a great experience.

Veteran columnist and newspaper editor Peter Bruce talks to one of South Africa's most innovative entrepreneurs in this final edition of his Podcasts From The Edge for the year. Gidon Novick, co-founder of Kulula, began carrying passengers in his new domestic airline, Lift, just last week. Believe it or not but it was the coronavirus lockdown at the start of the year that got him thinking about a new airline. Most people would have thought that crazy but he is confident about his lean and flexible business model and an optimist about South Africa and tourism. Mainly though, he just loves to fly…..

Veteran columnist and newspaper editor Peter Bruce talks to one of South Africa's most innovative entrepreneurs in this final edition of his Podcasts From The Edge for the year. Gidon Novick, co-founder of Kulula, began carrying passengers in his new domestic airline, Lift, just last week. Believe it or not but it was the coronavirus lockdown at the start of the year that got him thinking about a new airline. Most people would have thought that crazy but he is confident about his lean and flexible business model and an optimist about South Africa and tourism. Mainly though, he just loves to fly…..

Gidon Novick — Entrepreneur How to innovate in the face of disruption and unpredictability In this episode I talk to Gidon Novick about his decision to launch a new airline in the midst of a global pandemic. Gidon is a well known entrepreneur, investor and philanthropist, and in his own words, a big believer in the potential of South Africa. He is interested in creating businesses that are both profitable and impactful, and we speak about how the last year has informed his thinking in this regard. Gidon on Twitter

Gidon Novick — Entrepreneur How to innovate in the face of disruption and unpredictability In this episode I talk to Gidon Novick about his decision to launch a new airline in the midst of a global pandemic. Gidon is a well known entrepreneur, investor and philanthropist, and in his own words, a big believer in the potential of South Africa. He is interested in creating businesses that are both profitable and impactful, and we speak about how the last year has informed his thinking in this regard. Gidon on Twitter · MikeStopforth.com · Connect with Mike on LinkedIn · Follow Mike on Twitter · 48h crisis communication consultancy

Turning attitude into altitude — How to innovate in the face of disruption and unpredictability Gidon Novick (Entrepreneur) In this episode I talk to Gidon Novick about his decision to launch a new airline in the midst of a global pandemic. Gidon is a well known entrepreneur, investor and philanthropist, and in his own words, a big believer in the potential of South Africa. He is interested in creating businesses that are both profitable and impactful, and we speak about how the last year has informed his thinking in this regard. Gidon on Twitter https://twitter.com/gidonnovick?lang=en Music : Mike Morse | Perfect Teamwork Engage with Mike https://mikestopforth.com/ Connect with Mike on LinkedIn https://www.linkedin.com/in/mikestopforth/ Follow Mike on Twitter https://twitter.com/mikestopforth When you're ready to #BeHeard, contact the podcast specialists at