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32 episodes with nadya swart
BizNews founder Alec Hogg spent the first half of the day in a pre-Budget lockup presser. The anxiety felt by the recently appointed minister of finance when he presented the mini-Budget in November had been replaced by optimism, leading Hogg to pen an excellent article 'Budget 2022: “Relax SA” – amazing how an R182bn windfall can lift the mood.' Afterwards, Nadya Swart interviewed Hogg about his article and the details of the Budget Speech which gave him hope.
In mid-October, BizNews journalist Nadya Swart spoke to Ros Nealon-Cook, a psychologist & functional medicine coach based in the Blue Mountains – a region west of Sydney in Australia's New South Wales. Ros, a (former) Registered Psychologist with the Psychology Board of Australia, a licensed Medicare provider, Functional Medicine Certified Health Coach, HeartMath Certified Health Professional and founder of Integrated Kids, is a profoundly qualified individual who has observed the situation on the ground in Australia. For months, there have been innumerable videos circulating the globe that depict the horrendous reality of Australians who are standing their ground against the draconian measures which their government has imposed upon them since the emergence of Covid-19. Of even greater concern are the restrictions and severe curtailment of freedoms to which the unvaccinated Australian population has been subjected. The absence of any media coverage of the dystopian society that has enveloped Australia, exacerbated by the deliberate cancellation and censorship of dissenting voices, has effectively rendered the country's citizens powerless. As an individual based in Australia, Ros has been uniquely positioned to provide credible information in respect of these realities. In addition, her professional background in psychology has enabled her to reliably observe the psychological impact of Covid-19, lockdowns and related measures on human beings and, in particular, infants and adolescents. After publicly speaking out against lockdowns and their resultant harms on mental health, Ros joined GAIHH (www.gaihh.org) – the Global Alliance of Integrated Hearts and Health. The non-profit organisation – consisting of a group of like-minded psychologists and mental health workers – was founded in 2021, in response to the emerging mental health crisis being faced in Australia and around the world as a result of the policies implemented to manage the Covid-19 pandemic.
In this episode of the BizNews Power Hour, Nadya Swart is joined by Sean Peche with investment insights; Dr. Lawrence McCrystal - the Chairman of Cofesa - on their proposed solution unemployment submitted to President Cyril Ramaphosa; Magnus Heystek's Q&A session at the BNIC #2; Economist Mike Schussler unpacking his views on the "disastrous" shape of SA manufacturing industry and the BizNews Team.
In this episode of the BizNews Power Hour, Nadya Swart is joined by Steven Nathan with investment insights; UK red list effects on tourism with Paul Gardiner; Paul O'sullivan on the Digital Vibes scandal, SAA and the Gupta fixer; Aeon's Asief Mohamed on Sasol and the BizNews Team.
BizNews — BizNews founder Alec Hogg speaks to Mark Barnes and Sean Emery - founders of the newly established Kisby Fund who have distilled the intention of the fund into putting money to work into the M of SMEs. While the fund has generated much excitement, Emery and Barnes explain the red tape they are faced with in forging the bridge that is needed between the private equity box and the debt box. As disruptors, they believe that once they have overcome this obstacle and ‘crafted the new’ - many more funds will follow this exact approach of investing into the mid-sized space. - Nadya Swart
BizNews — BizNews founder Alec Hogg speaks to Mark Barnes and Sean Emery - founders of the newly established Kisby Fund who have distilled the intention of the fund into putting money to work into the M of SMEs. While the fund has generated much excitement, Emery and Barnes explain the red tape they are faced with in forging the bridge that is needed between the private equity box and the debt box. As disruptors, they believe that once they have overcome this obstacle and ‘crafted the new’ - many more funds will follow this exact approach of investing into the mid-sized space. - Nadya Swart
BizNews — BizNews founder Alec Hogg speaks to Volker Schütte about what Schütte had to say at the virtual Hulamin AGM regarding the company's staggering loss of approximately R2,5bn over the last 10 years. Schütte has been been in the aluminium industry in South Africa, Shanghai, Singapore, Panama and Germany since 1985. As a shareholder in Hulamin, Schütte poses critical questions to Richard Jacob, the chief executive of Hulamin - who has presided over the massive destruction of Hulamin's value over the last 10 years. Market commentator David Shapiro also joins the discussion with his insight. - Nadya Swart
BizNews — BizNews founder Alec Hogg speaks to Volker Schütte about what Schütte had to say at the virtual Hulamin AGM regarding the company's staggering loss of approximately R2,5bn over the last 10 years. Schütte has been been in the aluminium industry in South Africa, Shanghai, Singapore, Panama and Germany since 1985. As a shareholder in Hulamin, Schütte poses critical questions to Richard Jacob, the chief executive of Hulamin - who has presided over the massive destruction of Hulamin's value over the last 10 years. Market commentator David Shapiro also joins the discussion with his insight. - Nadya Swart
BizNews — In this excerpt from the Rational Radio webinar, BizNews founder Alec Hogg chats to Patrick Duff about the future of Phumelela and horse racing in South Africa. Ahead of the creditors of Phumelela voting this week between two offers: one by Mary Oppenheimer and Daughters (MOD) and the other by UK operation Betfred. Duff had been mandated by MOD with the task of advising them around restructuring the assets going forward to effectively help MOD and the South African Racing Restructuring Task Team (RTT) in a way that would be helpful for the future of the racing industry in South Africa. Phumelela’s creditors vote was overwhelmingly in favour of MOD. - Nadya Swart
BizNews — In this excerpt from the Rational Radio webinar, BizNews founder Alec Hogg chats to Patrick Duff about the future of Phumelela and horse racing in South Africa. Ahead of the creditors of Phumelela voting this week between two offers: one by Mary Oppenheimer and Daughters (MOD) and the other by UK operation Betfred. Duff had been mandated by MOD with the task of advising them around restructuring the assets going forward to effectively help MOD and the South African Racing Restructuring Task Team (RTT) in a way that would be helpful for the future of the racing industry in South Africa. Phumelela’s creditors vote was overwhelmingly in favour of MOD. - Nadya Swart
BizNews — Market commentator David Shapiro joins BizNews founder Alec Hogg for a discussion on what’s moving the markets in South Africa. In this excerpt from the Rational Radio webinar, the two stock market experts discuss Hulamin’s decline in market cap, the Nasdaq’s outperformance of the S&P 500 and gold. Also covered in this interview is Hogg’s recent purchase of Barrick shares and how tech is driving the markets. - Nadya Swart
BizNews — Market commentator David Shapiro joins BizNews founder Alec Hogg for a discussion on what’s moving the markets in South Africa. In this excerpt from the Rational Radio webinar, the two stock market experts discuss Hulamin’s decline in market cap, the Nasdaq’s outperformance of the S&P 500 and gold. Also covered in this interview is Hogg’s recent purchase of Barrick shares and how tech is driving the markets. - Nadya Swart
BizNews — Former banker turned shareholder activist Dave Woollam explains why he decided to take a deep dive into troubled Tongaat Hulett. In this excerpt from the Rational Radio webinar, Woollam tells BizNews editor-in-chief Alec Hogg that Tongaat Hulett's financial results are a textbook case of the absurdity of the International Financial Reporting Standards. - Nadya Swart
BizNews — Former banker turned shareholder activist Dave Woollam explains why he decided to take a deep dive into troubled Tongaat Hulett. In this excerpt from the Rational Radio webinar, Woollam tells BizNews editor-in-chief Alec Hogg that Tongaat Hulett's financial results are a textbook case of the absurdity of the International Financial Reporting Standards. - Nadya Swart
BizNews — Broadcaster Tim Modise puts your questions to the people leading the country’s great hope in the fight against corruption: Special Investigating Unit head Advocate Andy Mothibi; Sipho Ngwema, the spokesperson of the National Prosecuting Authority; and Advocate Selby Makgotho of the Special Tribunal. In these excerpts, the focus is on procedural red-tape and how this often makes the legal process ‘excruciatingly slow’. - Nadya Swart
BizNews — Broadcaster Tim Modise puts your questions to the people leading the country’s great hope in the fight against corruption: Special Investigating Unit head Advocate Andy Mothibi; Sipho Ngwema, the spokesperson of the National Prosecuting Authority; and Advocate Selby Makgotho of the Special Tribunal. In these excerpts, the focus is on procedural red-tape and how this often makes the legal process ‘excruciatingly slow’. - Nadya Swart
BizNews — The Covid-19 death rate is particularly high among hospital staff. The Discovery Life team says two-thirds of the life claims that they've had during Covid have been for healthcare workers. In this podcast, BizNews founder Alec Hogg speaks to Dr Adri Kok, a Covid-19 survivor who works at the Netcare Alberton Union and Clinton Hospital, about how staff are coping with their high-risk jobs. As a way to show appreciation for the nurses at her hospital, doctors and members of the community gather to show their gratitude by forming a guard of honour- Nadya Swart
BizNews — The Covid-19 death rate is particularly high among hospital staff. The Discovery Life team says two-thirds of the life claims that they've had during Covid have been for healthcare workers. In this podcast, BizNews founder Alec Hogg speaks to Dr Adri Kok, a Covid-19 survivor who works at the Netcare Alberton Union and Clinton Hospital, about how staff are coping with their high-risk jobs. As a way to show appreciation for the nurses at her hospital, doctors and members of the community gather to show their gratitude by forming a guard of honour- Nadya Swart
BizNews — Nick Hudson, the coordinator of Pandemic Data and Analytics (PANDA), a multidisciplinary initiative, has for some months now described the South African government’s mantra that the lockdown saves lives and that it is lives versus the economy to be a false dichotomy. In this fascinating excerpt from Monday’s Rational Radio webinar, Hudson shares PANDA’s latest analysis of South Africa’s lockdown with BizNews founder, Alec Hogg. Hudson maintains his conviction that - across the world - lockdowns ultimately had no effect at all and that ‘the curve just does what the curve will do’. On the topic of excess deaths recorded in South Africa recently, Hudson believes that we will soon know for sure that these are not are not coronavirus deaths and that we're actually starting to grapple with lockdown deaths. - Nadya Swart
BizNews — Nick Hudson, the coordinator of Pandemic Data and Analytics (PANDA), a multidisciplinary initiative, has for some months now described the South African government’s mantra that the lockdown saves lives and that it is lives versus the economy to be a false dichotomy. In this fascinating excerpt from Monday’s Rational Radio webinar, Hudson shares PANDA’s latest analysis of South Africa’s lockdown with BizNews founder, Alec Hogg. Hudson maintains his conviction that - across the world - lockdowns ultimately had no effect at all and that ‘the curve just does what the curve will do’. On the topic of excess deaths recorded in South Africa recently, Hudson believes that we will soon know for sure that these are not are not coronavirus deaths and that we're actually starting to grapple with lockdown deaths. - Nadya Swart
BizNews — Magnus Heystek runs a successful and burgeoning investment boutique Brenthurst Wealth Management – which just won the Boutique Wealth Manager of the Year Award at the Intellidex Annual Wealth Manager Awards, the ‘Oscars of the investment world’. In this excerpt from the BizNews Finance Friday webinar, editor Jackie Cameron discusses retirement annuities with Heystek, who stresses that there is a crisis developing for people who rely on the traditional methods to fund their retirement – because the instrument that they’re using is busy failing them. To address this crisis, Heystek recommends that, the minute you are over 55, you should seriously consider getting your money into a living annuity where you can get a 100% offshore allocation. – Nadya Swart
BizNews — Magnus Heystek runs a successful and burgeoning investment boutique Brenthurst Wealth Management – which just won the Boutique Wealth Manager of the Year Award at the Intellidex Annual Wealth Manager Awards, the ‘Oscars of the investment world’. In this excerpt from the BizNews Finance Friday webinar, editor Jackie Cameron discusses retirement annuities with Heystek, who stresses that there is a crisis developing for people who rely on the traditional methods to fund their retirement – because the instrument that they’re using is busy failing them. To address this crisis, Heystek recommends that, the minute you are over 55, you should seriously consider getting your money into a living annuity where you can get a 100% offshore allocation. – Nadya Swart
BizNews — Gareth Friedlander, deputy CEO of Discovery Life, and Dr Maritha van der Walt, Discovery Life's chief medical officer, discuss which individuals are more likely to suffer severe symptoms if infected with Covid-19 and offer helpful lifestyle advice to minimise your chances of falling into this category. - Nadya Swart
BizNews — Gareth Friedlander, deputy CEO of Discovery Life, and Dr Maritha van der Walt, Discovery Life's chief medical officer, discuss which individuals are more likely to suffer severe symptoms if infected with Covid-19 and offer helpful lifestyle advice to minimise your chances of falling into this category. - Nadya Swart
BizNews — Entrepreneur and former Mayor of Johannesburg Herman Mashaba is an independent politician. After resigning from the Democratic Alliance and his mayoral position, Mashaba launched The People’s Dialogue in December with the objective to “engage” South Africans in a conversation about the future of our country. Mashaba has even gone as far as to assure the people of South Africa that come 2021 - he is going to intensify the dismantling of the patronage network, and come 2025 - ‘we will remove the ANC’. In this excerpt from Monday’s Rational Radio webinar with BizNews founder Alec Hogg, Mashaba confirms that The People’s Dialogue will officially be launching at the end of August. - Nadya Swart
BizNews — Entrepreneur and former Mayor of Johannesburg Herman Mashaba is an independent politician. After resigning from the Democratic Alliance and his mayoral position, Mashaba launched The People’s Dialogue in December with the objective to “engage” South Africans in a conversation about the future of our country. Mashaba has even gone as far as to assure the people of South Africa that come 2021 - he is going to intensify the dismantling of the patronage network, and come 2025 - ‘we will remove the ANC’. In this excerpt from Monday’s Rational Radio webinar with BizNews founder Alec Hogg, Mashaba confirms that The People’s Dialogue will officially be launching at the end of August. - Nadya Swart
BizNews — Santam, South Africa’s largest short-term insurer, has been making headlines in recent months - for all the wrong reasons. Even after a precedent setting and significant court victory between a small Cape Town restaurant and Guardrisk, Santam has not budged on its stance that the lockdown is not covered under its policies. In this podcast, BizNews founder Alec Hogg speaks to Santam CEO Lizé Lambrechts in an effort to try to understand the thoughts behind the insurance heavyweight's decisions. Santam announced at the weekend that it is setting aside R1bn for some of its clients, with the caveat that its bosses continue to believe it is on firm legal footing in repudiating business insurance claims. RMB Attorneys – a legal firm representing over 340 business interruption claimants countrywide - have slammed this relief. - Nadya Swart
BizNews — Santam, South Africa’s largest short-term insurer, has been making headlines in recent months - for all the wrong reasons. Even after a precedent setting and significant court victory between a small Cape Town restaurant and Guardrisk, Santam has not budged on its stance that the lockdown is not covered under its policies. In this podcast, BizNews founder Alec Hogg speaks to Santam CEO Lizé Lambrechts in an effort to try to understand the thoughts behind the insurance heavyweight's decisions. Santam announced at the weekend that it is setting aside R1bn for some of its clients, with the caveat that its bosses continue to believe it is on firm legal footing in repudiating business insurance claims. RMB Attorneys – a legal firm representing over 340 business interruption claimants countrywide - have slammed this relief. - Nadya Swart
BizNews — Kenton Fine is the London-based executive chairman and founder of Servest, a R10bn turnover, 45,000 employee multinational group. Fine sold Servest for a whopping £540m in 2018 and announced last week that a group of South Africans are getting together to buy Getronics - a Dutch IT services company - for 200 million euros. Fine has teamed up with two other ‘Durban lads’ and a Pretoria boy as ‘a bunch of 'SA boikies' get stuck into this 300m euro global services business’. - Nadya Swart
BizNews — Kenton Fine is the London-based executive chairman and founder of Servest, a R10bn turnover, 45,000 employee multinational group. Fine sold Servest for a whopping £540m in 2018 and announced last week that a group of South Africans are getting together to buy Getronics - a Dutch IT services company - for 200 million euros. Fine has teamed up with two other ‘Durban lads’ and a Pretoria boy as ‘a bunch of 'SA boikies' get stuck into this 300m euro global services business’. - Nadya Swart
BizNews — 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
BizNews — 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
BizNews — Andrea Rademeyer is the chief executive and founder of Ask Afrika - a full service market research company. In this interview, Rademeyer engages in an interesting discussion with BizNews founder Alec Hogg on topical issues. Having conducted nearly 7000 interviews since the beginning of lockdown, Rademeyer shares valuable insight and statistics. These range from the decrease in ratings scored by President Ramaphosa to the quite surprising majority of 70% of South Africans who are in favour of the alcohol ban. Sobering statistics regarding food insecurity and gender based violence in our country are also explored. Ask Afrika aims to provide a voice to the citizens of our country in these turbulent times. - Nadya Swart
BizNews — Andrea Rademeyer is the chief executive and founder of Ask Afrika - a full service market research company. In this interview, Rademeyer engages in an interesting discussion with BizNews founder Alec Hogg on topical issues. Having conducted nearly 7000 interviews since the beginning of lockdown, Rademeyer shares valuable insight and statistics. These range from the decrease in ratings scored by President Ramaphosa to the quite surprising majority of 70% of South Africans who are in favour of the alcohol ban. Sobering statistics regarding food insecurity and gender based violence in our country are also explored. Ask Afrika aims to provide a voice to the citizens of our country in these turbulent times. - Nadya Swart
BizNews — Professor Ian Vlok, neuroscientist and neurosurgeon at Tygerberg Hospital, follows up with BizNews founder Alec Hogg on the management of Covid-19 infections at Tygerberg Hospital in the Western Cape. During their previous discussion in May, Prof Vlok explained how the hospital had been preparing for the anticipated tidal wave of Covid-19 infections. Now, with the Covid-19 wave upon them, he is cautiously optimistic that Cape Town and the Western Cape have plateaued, albeit in the form of a 'table mountain type' curve. Discussing the low mortality rate in South Africa, Prof Vlok suggests that perhaps it is partly because South Africans are 'just a bunch of tough guys' who have been primed for this by decades of perpetual illness which has plagued our society. - Nadya Swart
BizNews — Professor Ian Vlok, neuroscientist and neurosurgeon at Tygerberg Hospital, follows up with BizNews founder Alec Hogg on the management of Covid-19 infections at Tygerberg Hospital in the Western Cape. During their previous discussion in May, Prof Vlok explained how the hospital had been preparing for the anticipated tidal wave of Covid-19 infections. Now, with the Covid-19 wave upon them, he is cautiously optimistic that Cape Town and the Western Cape have plateaued, albeit in the form of a 'table mountain type' curve. Discussing the low mortality rate in South Africa, Prof Vlok suggests that perhaps it is partly because South Africans are 'just a bunch of tough guys' who have been primed for this by decades of perpetual illness which has plagued our society. - Nadya Swart
BizNews — Piet Viljoen of RECM, known to many as one of the last purists out there in respect of value investing, engages in an interesting discussion with Biznews editor-in-chief Alec Hogg about Tiger Brands’ decline and massive brand erosion over the last decade due to the poor acquisition strategy the company adopted when it was fashionable back in 2010. Viljoen argues that Tiger Brands is the poster child for the divorce of executive remuneration with company performance. The discussion evolves into the probability of SA going the Zimbabwe/Venezuela rout, a look at the prospects of investment in South Africa after Covid-19 and Viljoen offering advice for the South African investor, should the predictions of a potential economic tailspin not materialise. - Nadya Swart
BizNews — Piet Viljoen of RECM, known to many as one of the last purists out there in respect of value investing, engages in an interesting discussion with Biznews editor-in-chief Alec Hogg about Tiger Brands’ decline and massive brand erosion over the last decade due to the poor acquisition strategy the company adopted when it was fashionable back in 2010. Viljoen argues that Tiger Brands is the poster child for the divorce of executive remuneration with company performance. The discussion evolves into the probability of SA going the Zimbabwe/Venezuela rout, a look at the prospects of investment in South Africa after Covid-19 and Viljoen offering advice for the South African investor, should the predictions of a potential economic tailspin not materialise. - Nadya Swart
BizNews — In episode 38 of Inside Covid-19, we meet former Harvard Medical Professor William Haseltine, the HIV/Aids pioneer who has forthright suggestions on the steps SA should take to handle the pandemic; talk coronavirus with the super achieving Wits Prof Roseanne Harris who is about to become president of the International Actuarial Association; and revisit the chequered history of lockdowns which, in the West, only became official policy in 2006. (Pic by Nadya Swart)
BizNews — In episode 38 of Inside Covid-19, we meet former Harvard Medical Professor William Haseltine, the HIV/Aids pioneer who has forthright suggestions on the steps SA should take to handle the pandemic; talk coronavirus with the super achieving Wits Prof Roseanne Harris who is about to become president of the International Actuarial Association; and revisit the chequered history of lockdowns which, in the West, only became official policy in 2006. (Pic by Nadya Swart)
BizNews — The small business sector is widely seen as a life blood of the economy, and it is no different for South Africa. In an interview with Biznews editor-in-chief Alec Hogg, Chief Executive of the Small Business Institute, John Dludlu, laments the fact that when the country was moved from Stage 5 to Stage 4 in its lockdown small businesses were left behind. As Dludlu proposes a risk adjusted approach to the reopening of the economy, he sees lives and livelihoods intertwined and says as adults who have rights, so too small business owners have responsibilities to ensure their and the safety of their employees. He also discusses the steps the SBI has taken to engage with government in an attempt to develop a voice for its 3.9 million members who need to be heard and allowed to move on in order to avoid a catastrophe in the country. - Nadya Swart
BizNews — The small business sector is widely seen as a life blood of the economy, and it is no different for South Africa. In an interview with Biznews editor-in-chief Alec Hogg, Chief Executive of the Small Business Institute, John Dludlu, laments the fact that when the country was moved from Stage 5 to Stage 4 in its lockdown small businesses were left behind. As Dludlu proposes a risk adjusted approach to the reopening of the economy, he sees lives and livelihoods intertwined and says as adults who have rights, so too small business owners have responsibilities to ensure their and the safety of their employees. He also discusses the steps the SBI has taken to engage with government in an attempt to develop a voice for its 3.9 million members who need to be heard and allowed to move on in order to avoid a catastrophe in the country. - Nadya Swart
BizNews — Alec Hogg speaks to Chief Executive of Ocean Basket and spokesperson for the Restaurant Collective, Grace Harding, about South Africa's strict lockdown and the enormous strain which it has placed upon the country's restaurant industry. From banks to landlords, Harding discuses the different responses and levels of support the restaurant industry has received. She emphasises the effort that restaurants have placed into developing a Covid-safe protocol for the industry that supports up to two million people - all in the hopes that the sector won't have to wait until Level 1 to re-open. In a desperate plea she states: "With a hand on my heart... We will not make it!" - Nadya Swart
BizNews — Alec Hogg speaks to Chief Executive of Ocean Basket and spokesperson for the Restaurant Collective, Grace Harding, about South Africa's strict lockdown and the enormous strain which it has placed upon the country's restaurant industry. From banks to landlords, Harding discuses the different responses and levels of support the restaurant industry has received. She emphasises the effort that restaurants have placed into developing a Covid-safe protocol for the industry that supports up to two million people - all in the hopes that the sector won't have to wait until Level 1 to re-open. In a desperate plea she states: "With a hand on my heart... We will not make it!" - Nadya Swart
BizNews — Gavin Hudson, the Chief Executive of Tongaat Hulett, discusses the recent ‘standstill’ of the transaction between Tongaat Hulett and Barloworld due to the latter’s call of a material adverse change (MAC) event for the full year due to Covid-19. Hudson expresses his disbelief that such a MAC event is present while remaining positive that, whichever way the deal goes, Tongaat Hulett will continue. - Nadya Swart
BizNews — Gavin Hudson, the Chief Executive of Tongaat Hulett, discusses the recent ‘standstill’ of the transaction between Tongaat Hulett and Barloworld due to the latter’s call of a material adverse change (MAC) event for the full year due to Covid-19. Hudson expresses his disbelief that such a MAC event is present while remaining positive that, whichever way the deal goes, Tongaat Hulett will continue. - Nadya Swart
BizNews — Directors of the Racing Association, Mike de Kock and Charles Savage, discuss the devastating impact of Covid-19 on the horse racing industry in South Africa, the thousands of livelihoods which depend on the resuscitation of the industry, the impending demise of the sport in South Africa and the necessary steps that will have to be taken in order to steer the industry away from rock bottom. - Nadya Swart
BizNews — Directors of the Racing Association, Mike de Kock and Charles Savage, discuss the devastating impact of Covid-19 on the horse racing industry in South Africa, the thousands of livelihoods which depend on the resuscitation of the industry, the impending demise of the sport in South Africa and the necessary steps that will have to be taken in order to steer the industry away from rock bottom. - Nadya Swart
BizNews — In episode 33 of Inside Covid 19, South Africa’s leading social media lawyer explains why fake news has been surging in the coronavirus crisis; the chairman of Grindrod and Spar explains why lockdown’s Level 4 needs to be dropped – and urgently; Barloworld uses Covid-19 to try pull out of a R5.35bn potentially life-saving deal for Tongaat; worrying news from New York where previously rare coronavirus-related Kawasaki disease is hitting children; and our partners at Bloomberg argue that the world needs a probe into US president Donald Trump’s often stated theory that Covid-19 started in a Wuhan lab. (Pic of the empty building site, something seen too often in SA today, by our Biznews colleague Nadya Swart.)
BizNews — In episode 33 of Inside Covid 19, South Africa’s leading social media lawyer explains why fake news has been surging in the coronavirus crisis; the chairman of Grindrod and Spar explains why lockdown’s Level 4 needs to be dropped – and urgently; Barloworld uses Covid-19 to try pull out of a R5.35bn potentially life-saving deal for Tongaat; worrying news from New York where previously rare coronavirus-related Kawasaki disease is hitting children; and our partners at Bloomberg argue that the world needs a probe into US president Donald Trump’s often stated theory that Covid-19 started in a Wuhan lab. (Pic of the empty building site, something seen too often in SA today, by our Biznews colleague Nadya Swart.)
BizNews — In episode 32 of Inside Covid-19 we crunch some numbers with an actuary to find exercising regularly and eating healthily dramatically drops the prospect of being hospitalised for Covid-19; former finance minister Trevor Manuel joins a chorus calling for changes to some irrational lockdown regulations; we unpack organised business’s call to drop the lockdown level from 4 to 2; a Wits professor asks whether SA has indeed flattened the Covid-19 infection curve; and we catch up with the Bali-stranded SA doctor who has finally made it home to her four children. (the pic above of abandoned wheelbarrows is by our Biznews colleague Nadya Swart)
BizNews — In episode 32 of Inside Covid-19 we crunch some numbers with an actuary to find exercising regularly and eating healthily dramatically drops the prospect of being hospitalised for Covid-19; former finance minister Trevor Manuel joins a chorus calling for changes to some irrational lockdown regulations; we unpack organised business’s call to drop the lockdown level from 4 to 2; a Wits professor asks whether SA has indeed flattened the Covid-19 infection curve; and we catch up with the Bali-stranded SA doctor who has finally made it home to her four children. (the pic above of abandoned wheelbarrows is by our Biznews colleague Nadya Swart)
BizNews — Alec Hogg engages in a dynamic discussion with Professor Ian Vlok, neuroscientist and neurosurgeon at Tygerberg Hospital, who introduces us to Quintin - 'the robot' with the potential to decrease the risk for medical practitioners while increasing their virtual presence with patients during the Covid crisis. Professor Vlok furthermore believes that the lockdown has granted the medical professionals at Tygerberg Hospital with time which they have utilised in order to be as prepared as they can be for the anticipated tidal wave of Covid-19 infections to come. - Nadya Swart
BizNews — Alec Hogg engages in a dynamic discussion with Professor Ian Vlok, neuroscientist and neurosurgeon at Tygerberg Hospital, who introduces us to Quintin - 'the robot' with the potential to decrease the risk for medical practitioners while increasing their virtual presence with patients during the Covid crisis. Professor Vlok furthermore believes that the lockdown has granted the medical professionals at Tygerberg Hospital with time which they have utilised in order to be as prepared as they can be for the anticipated tidal wave of Covid-19 infections to come. - Nadya Swart
BizNews — Alec Hogg catches up with stream lead for Business for South Africa, Stavros Nicolaou, to discuss the PPE stock that has been secured, the necessity of good morale among our country’s frontline workers and the projected economic contraction of 17% - as calculated by BSA. - Nadya Swart
BizNews — Alec Hogg catches up with stream lead for Business for South Africa, Stavros Nicolaou, to discuss the PPE stock that has been secured, the necessity of good morale among our country’s frontline workers and the projected economic contraction of 17% - as calculated by BSA. - Nadya Swart
BizNews — Olympic swimming gold medalist Ryk Neethling now finds himself in the vineyards caught between Stellenbosch, Franschoek and Paarl. He's the marketing director and a shareholder of Val de Vie. In this podcast with Biznews publisher Alec Hogg, Neethling discusses a new retirement village, which is right in the heart of the upmarket estate. He describes the motivation behind Evergreens as being geared towards community and social connections - the key to longevity - and explains how the retirement village is based on the Life Right model - which is essentially a long-term lease. Partnering with Evergreen is Val de Vie and PSG, and Neethling says it promises to be ‘more than what the brochure says’. - Nadya Swart
BizNews — Olympic swimming gold medalist Ryk Neethling now finds himself in the vineyards caught between Stellenbosch, Franschoek and Paarl. He's the marketing director and a shareholder of Val de Vie. In this podcast with Biznews publisher Alec Hogg, Neethling discusses a new retirement village, which is right in the heart of the upmarket estate. He describes the motivation behind Evergreens as being geared towards community and social connections - the key to longevity - and explains how the retirement village is based on the Life Right model - which is essentially a long-term lease. Partnering with Evergreen is Val de Vie and PSG, and Neethling says it promises to be ‘more than what the brochure says’. - Nadya Swart
BizNews — In what is clearly a difficult and murky period for markets, SA's favourite market analyst David Shapiro believes that patience will be required in the next few months as the upside will take some time. - Nadya Swart
BizNews — In what is clearly a difficult and murky period for markets, SA's favourite market analyst David Shapiro believes that patience will be required in the next few months as the upside will take some time. - Nadya Swart
BizNews — The Covid-19 pandemic has taken many victims, but there are also winners, and market analyst David Shapiro is certainly upbeat about the markets at the moment. Looking among others at Sasol's performance this week Shapiro admits that you really can't explain markets, and although bouncing from very oversold positions, he is still not convinced to buy into the company. What will matter hugely going forward is how companies behaved in this Covid-19 era and Environmental, Social and Governance (ESG) issues will continue to feature strongly in forcing companies to be responsible. In this inaugural Biznews Rational Radio webinar Shapiro and editor-in-chief Alec Hogg discuss from retailers to listed property to energy, and from a listener even converging tech and health stocks. - Nadya Swart
BizNews — The Covid-19 pandemic has taken many victims, but there are also winners, and market analyst David Shapiro is certainly upbeat about the markets at the moment. Looking among others at Sasol's performance this week Shapiro admits that you really can't explain markets, and although bouncing from very oversold positions, he is still not convinced to buy into the company. What will matter hugely going forward is how companies behaved in this Covid-19 era and Environmental, Social and Governance (ESG) issues will continue to feature strongly in forcing companies to be responsible. In this inaugural Biznews Rational Radio webinar Shapiro and editor-in-chief Alec Hogg discuss from retailers to listed property to energy, and from a listener even converging tech and health stocks. - Nadya Swart
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