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Jetour De Force Jetour, a relatively new player in the global motoring market, has set its sights firmly on South Africa. Despite intense competition, the Chinese automotive brand is confident in its ability to make an impression, launching in South Africa with two stunning SUVs, a 10-year/1 000 000km warranty, and a laser-sharp focus on after-sales service & customer satisfaction. Jetour's two initial offerings for the local market, the seven-seater X70 Plus and the five-seater Dashing, both offer a combination of style, comfort and advanced technology in two variants — Momentum and Deluxe — for a 4-variant line-up from the start (following the initial launch, Jetour South Africa will reportedly also be rolling out “Pro” variants of the Dashing and X70 Plus in 2025). Priced from R439,900, the Dashing incorporates a futuristic design language, with attractively slim LED headlamps and sinuous lines down the flanks. The spacious X70 Plus (starting at R454,900) may be less daring in its appearance, however its smart cabin configuration is a stand-out feature, allowing for comfortable seating for seven people. The Dashing and X70 Plus are powered by a 1.5-litre 4-cylinder turbopetrol engine delivering 115 kW and 230 Nm of torque. Jetour offers its products exclusively with dual-clutch auto transmissions and the 4 launch derivatives are front-wheel driven, whilst being built off Jetour's unique Kunlun platform architecture. To ensure a smooth market entry, Jetour has also invested heavily in its South African operations, establishing a local parts inventory of R100m, securing a nationwide dealer network, and investing in training facilities to equip its sales and after-sales teams with the necessary skills to deliver superior customer service. It would appear that the groundwork has now been laid and it's “all systems go” for this dynamic auto brand determined to win the local market... A tour de force indeed! Radio Life & Style on Facebook · The Morning Show Sponsor: Excellerate Security
Version Eight | Digital Marketing Tips and Strategies For SME's
I'm the founder of V8 Capital (Est. 2023), we're private SME investors that invest in and grows small to medium-sized businesses with a portfolio of brands that are collectively doing R100M+ per annum. I'm also the founder of South Africa's Top 1% digital marketing agency, V8 Media that has done over a billion rand in sales for direct-to-consumer brands. On this channel I share everything I've learnt in the last decade around how to build better businesses. www.v8group.co.za
Version Eight | Digital Marketing Tips and Strategies For SME's
I'm the founder of V8 Capital (Est. 2023), we're private SME investors that invest in and grows small to medium-sized businesses with a portfolio of brands that are collectively doing R100M+ per annum. I'm also the founder of South Africa's Top 1% digital marketing agency, V8 Media that has done over a billion rand in sales for direct-to-consumer brands. On this channel I share everything I've learnt in the last decade around how to build better businesses. www.v8group.co.za
Version Eight | Digital Marketing Tips and Strategies For SME's
I'm the founder of V8 Capital (Est. 2023), we're private SME investors that invest in and grows small to medium-sized businesses with a portfolio of brands that are collectively doing R100M+ per annum. I'm also the founder of South Africa's Top 1% digital marketing agency, V8 Media that has done over a billion rand in sales for direct-to-consumer brands. On this channel I share everything I've learnt in the last decade around how to build better businesses. www.v8group.co.za
Accounts publicly available in in Ireland's Companies Office show that since 2019, SA's dominant domestic airline, Safair, has been 75% owned by European operator ASL Holdings - contravening South African regulations stipulating a 25% foreign limit. Cemair founder and CEO Miles van der Molen believes sine May last year its Irish parent has been subsidising Safair by some R100m a month. In this hard-hitting interview, Van der Molen says it's no innocent oversight by Safair, which was taken to task on the same issue in 2014. After initially complying, records show the airline quietly injected the shares into an SA shell company owned by its Irish parent. He spoke to BizNews editor Alec Hogg. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.
Kate Stubbs – Marketing Director, Interwaste SAfm Market Update - Podcasts and live stream
Altvest founder Warren Wheatley and chief investment officer Akshay Karan share the latest developments at the innovative financial disruptor, whose shares are now listed on the CTSE and A2x. They also take the wraps off the new Altvest Credit Opportunities Fund, which has R100m available for funding to SMEs and is in the process of becoming the third underlying listing in the group's stable. Wheatley surprised interviewer Alec Hogg with the offer of financing for BizNews Premium members - and that's not the only surprise in this fascinating discourse.
Grindrod Bank is facing a R100m lawsuit over its alleged failure to report fraud. Business Day TV spoke to Business Day's companies and markets editor, Kabelo Khumalo for more insight into the intricacies of the story.
Mia Kriegler from Kruger International unpacks Shoprite's stellar results as it continues to gain market share while diesel costs hurt at +R100m a month. Sea Harvest's Felix Ratheb on results as catch rates and costs hurt, but global demand for fish as a protein remains robust. Chris Harmse from Sequoia Capital Managers on the stronger-than-expected second quarter GDP data. What's driving the improvement and can it last?
My Vote Counts, which campaigns to reform South Africa's electoral system, has launched a court application in the Western Cape High Court to reform disclosure of political party financing. In papers filed this week, the group said it wants the act changed so that it makes available information on all private donations, not only those above R100 000. It also wants the annual limit of R15m a party may receive from a single donor to be reduced. The governing ANC on the other hand has been discussing amending the law to allow for the minimum amount that can be declared increased from R100,000 to R250,000 or R500,000 and the R15m disclosure to be increased to R50m or R100m. The party has blamed the current act for it's financial woes. We spoke to Robyn Pasensie, Party Funding Researcher at My Vote Counts
Die DA in Gauteng sê nuwe getuienis het aan die lig gekom wat bewys byna 100 miljoen Suid-Afrikaanse rand se kontrakte by provinsiale hospitale is aan die ANC-grootkop, Sello Sekhoko, se drie maatskappye toegeken. Volgens inligting van die LUR vir Gesondheid, Nomantu Nkomo-Ralehoko, is 225 kontrakte in die laaste drie jaar toegeken aan Kaizen Projects, Nokokhoko Medical Supplies en Bollanoto Security. Volgens Jack Bloom van die DA beloop dit sowat 84 miljoen rand:
08.11.22 Pt 1 - Shane Ngwenya - a popular South African radio personality, television host, and producer - joins as a special guest co-host. The team talks about cancel culture, Kanye West, and how not to get scammed!
Deeply rational Piet Viljoen updates us on his investment perspectives in this wide ranging interview with Alec Hogg of BizNews.com. The BNC#4 keynote speaker contrasts the fortunes of the world's three major economic blocs, but warns that while currency and share markets are priced for this to last indefinitely, nothing is forever. Viljoen also shares his thoughts on the debate over performance fees, sparked by Sean Peche's disclosures on BizNews - providing perspective on seemingly outrageous rumours that the CEO of Coronation Fund Managers is paid a staggering R100m a year. Learn more about your ad choices. Visit megaphone.fm/adchoices
Guest: Pavlo Phitidis | Founder at Aurik Business Accelerator| See omnystudio.com/listener for privacy information.
Victoria Ashwin talks to Peter Hayward-Butt, CEO of Ethos Capital, about Brait's latest reported earnings results. Ethos is contracted by Brait as an investment advisor over a 4-year period that started in March 2020. Its advisory fee is approximately R100m per annum and also has a shareholding in Brait of 12.3% which indicates that skin in the game is delivering positive results. We also discuss the value that long-term shareholder Christo Wiese brings to the table and how Virgin Active plans to grow post-COVID with a fresh capital injection of $88.4bn. Furthermore, Premier looks to be building on robust growth despite inflationary and input cost pressures whilst New Look, the UK fashion brand, has also managed to show healthier results with revenue up 58% to GBP875m.
Barbara Creecy - Minister of Environment, Forestry and Fisheries SA Weather Service allocated R100m to ensure 'state of the art' forecasts See omnystudio.com/listener for privacy information.
The troubled Enoch Mgijima Municipality in the Eastern Cape is under the scrutiny again after it allegedly issued a tender of nearly 100-million rand for the construction of a 6.7 km road. The tender was approved late last year and awarded to Makali Plant and Construction to upgrade the 6.7 km Fikile Gwadana Road in Ezibeleni, at a tender value of R98.5 million. The project is allegedly expected to be completed next year January. Sakina Kamwendo spoke to Paul Mahlasela , Chief Financial Officer (CFO) of the Enoch Mgijima Municipality
Guest: Aron Hyman, Sunday Times Journalist. See omnystudio.com/listener for privacy information.
In this episode we unpack lessons from Amanda Dambuza. She is a successful businesswoman who founded and is the CEO of the project management firm Uyandiswa. The company sets up project management offices and executes projects for South Africa's largest organisations. She is the author of Baked in Pain and A Girl Named Ayah. She also gives back her knowledge through the award-winning series Vastly Sage. Her name is Amanda Dambuza and here are some lessons we can learn from her. Your past doesn't have to equal your future“You can build a life of impact. It doesn't matter where you've come from.” “The pain I went through as a child gave me a deep sense of appreciation for my purpose.” Amanda's journey from childhood to where she now has not been a pretty one. She was rejected by her parents because she wasn't a boy, her mother didn't show up for her as she would have liked, she was physically, mentally and emotionally abused and where she grew up wasn't exactly the best place on earth. She doesn't even have a degree in it or project management. If her past was the determining factor for her future, then she would not have become the powerhouse she is today. Don't put a full stop where there should be a comma. Where you are is not as important as where you are going. There isn't a trauma you could grow from, there isn't a challenge you couldn't overcome and there isn't a class you couldn't take. Amanda used lessons from her past pain, grew, learnt and became better, not bitter. She is a loving mother, wife and business person now because she didn't let her past equal her future. Be the business“Always listen out for opportunities in everything you do.” Amanda spent many years in corporate as a project management professional and eventually became a c-suite executive in a major bank. To get to this point, she operated under the “you are the business” philosophy. This means you are the one who provides goods and services to clients who pay you - therefore you are responsible for all your economic outcomes and giving massive service to the marketplace. She treated her profession as a business and then she went and built her own project management firm that now turns over R100M annually - this was an extension of herself. She has also cultivated massive corporate relationships and sponsorships. This stems from her philosophy: be the business. When you adopt this philosophy, you take complete ownership of your work, focus on the massive value of service and are continually looking for opportunities to become and do more. Give back your knowledge“When you start to follow your purpose, you don't feel like you're giving up anything.” It is said that only a true leader can create more leaders; a true teacher can teach others. This rings true with Amanda. On her way to growing her career and business, she practised coaching and mentoring. She would have those in her corner to point out any blind spots and she would also mentor those who needed to learn. Her series, Vastly Sage has a focus on providing mentorship and guidance for those working in corporate. When you teach others you also deepen your own understanding. The more you teach, the more you learn and the more you grow. Amanda also shares her vulnerabilities in her book Baked in Pain and hope for the newer generation in A Girl Named Ayah. When you get to a point where you can share your life lessons and journey, then become a mentor and share your knowledge. Live your life for the fun“In difficult seasons, hang on to the idea that ‘someday, your season will change' Life can be difficult. There will be times when things are hard, where your prayers go no higher than your head and you feel you can't see the light at the end of the tunnel or that you can't even see the tunnel. There will also be times where you work hard and have a sense that you need to be serious most of the time. However, don't take things way too seriously. Always take time to laugh, dance,...
Guest: Pavlo Phitidis | Founder at Aurik Business Accelerator See omnystudio.com/listener for privacy information.
Guest: Pavlo Phitidis | Founder at Aurik Business Accelerator See omnystudio.com/listener for privacy information.
Listed insurance company Sanlam recently bought Alexander Forbes' life business (with an insurance premium income of R1bn) for R100m. Sanlam CEO Paul Hanratty joined the BizNews Power Hour to shed some light on the deal, on having close ties with African Rainbow Capital, and the recent string of resignations of Sanlam's top dogs.
Listed insurance company Sanlam recently bought Alexander Forbes' life business (with an insurance premium income of R1bn) for R100m. Sanlam CEO Paul Hanratty joined the BizNews Power Hour to shed some light on the deal, on having close ties with African Rainbow Capital, and the recent string of resignations of Sanlam's top dogs.
Guest: David Morobe | Spokesperson at The Sukuma Fund Qualifying independent restaurants, which are members of Fedhasa, have been given another shot in the arm with a recent partnership between Fedhasa and The Sukuma Fund in which just over R100m has been secured to provide immediate cashflow and rental relief. See omnystudio.com/listener for privacy information.
Simon Shares AdvTech* (JSE code: ADH) solid results in a tough market. Vivo Energy (JSE code: VVO) issued an update on Moroccan industry review and seems it's back to square one. Resilient (JSE code: RES) results not the horror show expected. Aveng (JSE code: AEG) wants to do another rights issue, again at 1.5c and raise R100m. Tencent solid results. Ever Given gets stuck in the Suez Canal. February local CPI at 2.9%. * I hold ungeared positions. Upcoming events; 15 April ~ Everything ETFs and tax-free investing Subscribe to our feed here Subscribe or review us in iTunes Why all the panic? A small rise in US ten-year treasury yields and a little inflation and suddenly it is the end fo the world for markets. Inflation is likely to move higher in the US as the stimulus money gets spent. This is different from the stimulus after 2008/9, which went to banks who hoarded it and stuck it into markets. This time money goes directly to consumers who'll send the money. But the Federal Reserve is happy that structural inflation is not returning and a little inflation in the system isn't the end of the world. But to listen to many experts here comes hyperinflation and the end of the world as high inflation = high rates and as such money moves into income funds rather than equity. Further if one digs into Modern Monetary Theory (MMT) government spending is not the end of the world, certainly for the US government. Here's a fun one, to deal with inflation, raise taxes? In fact have an automatic process that removes congress, if inflation heads above say 3%, taxes go up 4%. Above 5% taxes increase 8% and so on. But back to the panic, stop. Markets never go in a straight line and suddenly getting all bearish because of some selling is going to make sleeping ever again impossible. JSE – The JSE is a registered trademark of the JSE Limited. JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
TechCentral — Frans Cronje, co-founder and CEO of Cape Town-based artificial intelligence firm DataProphet joins the TechCentral podcast to unpack the big fundraising round it announced last week with Knife Capital. The investment round, which also includes funding from the Industrial Development Corp and Norican Group, came to US$6-million (about R100-million) and will be used to fund global expansion in Europe and the US, TechCentral reported on 24 August. In the podcast, Cronje explains the background to DataProphet and what it was founded to achieve, including a look at both its first commercial projects and some of the more interesting work it's been involved with around the world in that time. The firm, which is firmly cemented in what is called "Industry 4.0", has ambitions to expand globally following the latest funding round - Cronje explains which parts of the US and Europe it will focus on and why, and whether he sees opportunities in the global manufacturing hubs of China and Japan (spoiler: he does). The team plans to keep its engineering and operations base in South Africa and Cronje explains in the podcast why he believes it's easier to attract the sort of talent the company needs here than in, say, the US, where top skills are hoovered up by the big technology giants. Don't miss the discussion!
Guest: Pavlo Phitidis/ Fouder at Aurik Business Accelerator See omnystudio.com/policies/listener for privacy information.
BizNews — Chief Executive and Principal Officer Linda Mateza, describes how Eskom's Pension and Provident Fund shared R100m amongst 33,000 pensioners to help ease their financial hardships. In South Africa, many households are dependent on a pension, with many recipients sustaining their children, grandchildren and other relatives on a modest monthly income. In the midst of the Covid-19 pandemic, and the economic turmoil that comes along with it, Mateza says the idea around the bonus was to alleviate some of the stresses felt by many during this time.
BizNews — Chief Executive and Principal Officer Linda Mateza, describes how Eskom's Pension and Provident Fund shared R100m amongst 33,000 pensioners to help ease their financial hardships. In South Africa, many households are dependent on a pension, with many recipients sustaining their children, grandchildren and other relatives on a modest monthly income. In the midst of the Covid-19 pandemic, and the economic turmoil that comes along with it, Mateza says the idea around the bonus was to alleviate some of the stresses felt by many during this time.
In episode 70 of Inside Covid-19, some smart advice from Discovery's chief dietician who explains what to eat to blunt the coronavirus sting; a South African healthcare hero, Wits Professor Guy Richards, shares his own Covid-19 infection journey and explains why his team applied dexamethasone well before the lifesaving drug became popular; Eskom pension fund declares a R100m bonus to help its 33,000 members overcome the financial strain of the pandemic; the inside story behind Kodak's crazy share price surge after the White House throws $765m at the old photography icon to get it to pivot into making chemicals to help fight the pandemic; and support grows for the unusual protest action by the owner of a safari company based near the Kruger National Park. - Alec Hogg
In episode 70 of Inside Covid-19, some smart advice from Discovery's chief dietician who explains what to eat to blunt the coronavirus sting; a South African healthcare hero, Wits Professor Guy Richards, shares his own Covid-19 infection journey and explains why his team applied dexamethasone well before the lifesaving drug became popular; Eskom pension fund declares a R100m bonus to help its 33,000 members overcome the financial strain of the pandemic; the inside story behind Kodak's crazy share price surge after the White House throws $765m at the old photography icon to get it to pivot into making chemicals to help fight the pandemic; and support grows for the unusual protest action by the owner of a safari company based near the Kruger National Park. - Alec Hogg
BizNews — In episode 70 of Inside Covid-19, some smart advice from Discovery's chief dietician who explains what to eat to blunt the coronavirus sting; a South African healthcare hero, Wits Professor Guy Richards, shares his own Covid-19 infection journey and explains why his team applied dexamethasone well before the lifesaving drug became popular; Eskom pension fund declares a R100m bonus to help its 33 000 members overcome the financial strain of the pandemic; the inside story behind Kodak’s crazy share price surge after the White House throws $765m at the old photography icon to get it to pivot into making chemicals to help fight the pandemic; and support grows for the unusual protest action by the owner of a safari company based near the Kruger National Park.
BizNews — In episode 70 of Inside Covid-19, some smart advice from Discovery's chief dietician who explains what to eat to blunt the coronavirus sting; a South African healthcare hero, Wits Professor Guy Richards, shares his own Covid-19 infection journey and explains why his team applied dexamethasone well before the lifesaving drug became popular; Eskom pension fund declares a R100m bonus to help its 33 000 members overcome the financial strain of the pandemic; the inside story behind Kodak’s crazy share price surge after the White House throws $765m at the old photography icon to get it to pivot into making chemicals to help fight the pandemic; and support grows for the unusual protest action by the owner of a safari company based near the Kruger National Park.
Classic 1027 — Maryna Calow, communications manager at Wines of South Africa & Lucky Ntimane, the convener of the National Liquor Traders Council
Classic 1027 — Lumka Mlambo, investment principal at SME Fund
Moneyweb Radio — Andrew Maren - CEO and founder, ProfitShare Partners
In episode 657, Jack and Miles are joined by comedian Guy Montgomery to discuss Trump's Tulsa rally, a petition for the city of Columbus to change it's name to Flavortown, Scientology trying to use Covid-19 to recruit, and more! FOOTNOTES: How TikTok Users Targeted Trump Rally Organized TikTok campaigns jammed up Trump rally tickets by the hundreds Did TikTokers and K-pop fans foil Trump’s Tulsa rally? It’s complicated. Duval County, Florida Survey: A Survey of Duval County, FL Voters Goodbye, Columbus. Hello... Flavortown? Restaurants Have Accidentally Promoted Coronavirus Info From Scientologists Scientology volunteers spend R100m disinfecting buildings and taxis to fight Covid-19 We Asked the Church of Scientology How They’re Combatting Coronavirus. This Is Their Wild Response. WATCH: Classica Orchestra Afrobeat - Zombie Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers
Two citizen activists, two of the country's best money managers, a chartered accounting whistleblower, an entrepreneur turning an iconic SA brand into a world beater plus the best cell phone network - lots of variety and insights in this episode of Rational Radio. Guests on the show were: Oscar Phoku, CEO of Milestone Proeprty, which successfully sued the CCMA after the State organ reneged on a R100m deal to lease 1 Heerengracht in Cape town; Ace money manager Jean Pierre Verster who explains how Abil pref shareholders got screwed; what Naspers shareholders should do to avoid a big tax bill; and a sober assessment of bombed out SA property stocks; The story of citizen activist Jaun Lerena who seven years ago blew the whistle on a couple of market abusing multinationals - one has admitted liability and paid a R35m fine; Dutch group Unilever gets its day in the spotlight on Friday; The Veldskoen Story with Nick Dreyer, co-founder of the company which attracted a 49% investment from SA entrepreneurial giant Brian Joffe's vehicle Long4Life; MyBroadband editor Marius Hollenbach who explains the site's research project which concluded that the title of SA's better connection belongs once more to MTN; SA's favourite market commentator David Shapiro is back home from his adventure in New York and reckons the best move on Naspers is to take the capital gains tax burden now - and save paying more later; And we close off a cracking show with Tongaat whistleblower, chartered accountant Dave Woollam, who assesses some conspiracy theories, gives us an update on the embattled sugar company and provides insights into how the UK's Brydon Commission will change the auditing profession (and investing).
Peter Bruce and the team take a look at the election results as they start to trickle in and discuss how Regiments Capital may have scored R100m trading on Nenegate. Editing Allowed
Business Day TV — Peter Bruce and the team take a look at the election results as they start to trickle in and discuss how Regiments Capital may have scored R100m trading on Nenegate.
In April last year I did a sponsored interview with Rory O’Hagan, former private banker who switched to selling super homes for estate agency Chas Everitt. He showed me around his prized project, a R100m plus palace on Johannesburg’s Houghton Ridge called Gatsby. I made a mental note to revisit the project, and hopefully discover what kind of a person would make such a massive personal investment in South Africa’s commercial capital at such uncertain time. This week I duly caught up with Gatsby’s creator Steve Pellerade whose company of the same name is the go-to place when South Africa’s super rich are looking for new homes. He didn’t drop any names – in this business discretion is absolute – but did share enough to give us a useful insight into the lifestyle of an African billionaire, that point one percent of the one percent… We kicking off by exploring the back story to the mansion he named after the central character in F Scott Fitzgerald’s legendary novel…
It’s exactly 30 years since chartered accountant Brian Joffe created Bidvest, a multinational conglomerate which peaked at a valuation of R160bn before the unbundling of its Foodservice arm. With that done, Joffe left his creation. But soon after leaving Bidvest he embarked on a second act called Long4Life. Investors loved the story of this experienced entrepreneur returning to the fray. Especially small punters who saw it as a chance to get in on the ground floor with a partner with legendary deal-making and capital allocating talents. We are among these fans, having allocated 8% of the Biznews SA Champions portfolio to Joffe’s new creation. But it’s been a rough ride. Initially Long4Life shares traded at a generous premium to the pre-listing issue price. But as the South African economy came under increasing pressure, so too has Long4Life’s shares. This year so far the stock has lost a third of its value and now trades just above the level at which Joffe himself invested R100m, chafing the competitive nature of this one-time golf professional… Long4Life’s greatest opportunity, perhaps, could lie in its CEO’s unique insight on where its homeland South Africa heading. For the seven years, from 2005 to 2012, as Bidvest’s CEO Joffe worked closely with the company’s then chairman and now South African president Cyril Ramaphosa.
JOHANNESBURG — Sanlam's recent deal to acquire a …
Hedge fund Jean Pierre Verster became rather famous when admitting that he'd made clients R100m by going short on Abil shares ahead of the micro-lender's collapse. A few months back Verster parted ways with his long-time employer 36One Asset Management and like the EFF, is finding it pretty cosy outside his former home. In London this week to raise investment finds from major institutions, he met up with Biznews.com's Alec Hogg to share his ideas on where he's investing now, the stocks being shorted - and how he reconciles a hedge fund career with his admiration for Warren Buffett, one of the industry's greatest critics.
'The Post Office I believe is losing R100m a month. That's a lot of money' - CEO Mark Barnes. www.moneyweb.co.za
Moneyweb Radio — 'The Post Office I believe is losing R100m a month. That’s a lot of money' - CEO Mark Barnes.
In this fascinating interview, 36One's Jan Pierre…
In this fascinating interview, 36One's Jan Pierre Verster explains what made his hedge fund bold enough to "short" Abil - and bank R100m profit for clients as a result.