エピソード
-
A 21% jump in Special Votes and near trebling of the out-of-country votes provides clear evidence of a surge in interest around Election’24. In this special broadcast, we hear from two Smart Alecs - the Financial Times’s foreign editor Alec Russell and his namesake, BizNews editor Alec Hogg. The FT looks at the global relevance while BizNews looks at the math via data drawn from the 2019 and 2021 election to conclude that surprises aplenty are in store when the results are counted.
-
We have passed 50 days without load shedding in South Africa, even as the cold of winter begins to bite when electricity demand normally increases. The CEO of the Energy Council, James McKay, told BizNews in an interview that the lack of load shedding is due to a partnership that the government formed with the business sector. While business “is not lifting the spanners” at Eskom, their involvement in capacity mobilisation, strategic planning, and accountability discussions has been instrumental, he said. McKay highlighted a significant shift from previous political resistance to private sector involvement in state-owned enterprises. This collaboration, he said, extends beyond the energy sector, encompassing transport, logistics, crime, and corruption. Progress is being made on a new transport master plan, which is advancing through Cabinet, and efforts are underway to modernise crime monitoring capabilities in South Africa, according to McKay. - Linda van Tilburg
-
エピソードを見逃しましたか?
-
At the halfway mark in the Local v Offshore investment challenge, Magnus Heystek’s foreign holdings have recovered from an appalling start to move into positive territory. Piet Viljoen’s SA-focused portfolio, however, still has a handy lead although is enjoying “a breather” ahead of a potential surge on the Election’24 results. They spoke to BizNews editor Alec Hogg.
-
After recording just 6 660 votes in the 2019 National election, Patriotic Alliance leader Gayton McKenzie forecasts a massive breakthough in Election’24. The PA leader predicts his party will receive around 1m votes and secure 25 Members of Parliament in the National Assembly. McKenzie believes this will be a watershed with South Africans rejecting the status quo of dominant ANC and DA political parties, punishing both at the polls. He spoke to BizNews editor Alec Hogg.
-
One of the toughest battles in Election’24 is the Democratic Alliance’s bid to schieve more than 50% of the Western Cape votes - the only province where it currently governs. South Africa’s longest serving member of Paliament, FF+ Chief Whip Dr Corne’ Mulder, believes with his party, the Patriotic Alliance and Action SA poised for good showings on May 29, after the election a coalition will be required to govern the Western Cape. He explains to BizNews editor Alec Hogg why this is a good thing.
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. -
“…there are people that are rising and there are people that are falling…the dirty games are coming out...It's a nasty campaign, it's a dark campaign, and I predict in the next three days it's going to get worse.” These are the words of Neil de Beer, the President of the United Independent Movement (UIM). In this interview with BizNews, he dissects the current “climb” in popularity of the African National Congress (ANC), the disintegration of the top structure of former President Jacob Zuma’s MK and his daughter Duduzile’s move to secure a “dictatorship”; the secret and not-so-secret coalition talks; and the many parties that are “promising and writing checks in their name that their bodies can't cash”. De Beer warns of the impact of “international influence” on the outcome of the election, saying the party that “carries the most influence from outside will win and will then govern for the next five years with a huge sentiment of 60% influence globally, but 40% from the world masters”.
-
While Jacob Zuma’s recently launched MK Party has drawn a lot of airtime, at the coalface the IFP is confident of continuing a resurgence reflected in its 15-1 winning record against the ANC in post November 2021 by-elections. Leader Velenkosini Hlabisa says another pointer to a superior performance in Election’24 is comparing crowds drawn in election launches at Durban’s Moses Mabhida stadium where his party “took the trophy” with a significantly larger turnout than the other parties. Having planned thoroughly for the 2024 election over many years, and for the first time running campaigns in all nine provinces, the IFP leader is sure that his party is will be the big surprise when the votes are counted. He spoke to BizNews editor Alec Hogg.
-
Over the past few weeks we’ve highlighted how South Africa is poised for a massive upgrade in the talent occupying its Parliamentary benches. As political competition intensifies with the imminent loss of the ANC’s majority, new faces and new parties are being drawn in. Among them are ActionSA’s Athol Trollip and Pieter Scribante who share insights with 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. -
In a Q&A session at the BizNews London Conference, Alec Hogg and Sean Peche discussed investment strategies, focusing on the potential risks and benefits of current tech stocks and the importance of value investing. Peche emphasised the necessity of evaluating a company's intrinsic worth before investing and highlighted opportunities outside the U.S., particularly in undervalued European and emerging market stocks. He also addressed the challenges in forecasting long-term growth, the impact of geopolitical factors on investments, and the importance of avoiding speculative narratives.
-
In a discussion led by Alec Hogg, GG Alcock and Warren Wheatley addressed South Africa's economic transformation, comparing it to historical periods of rapid wealth creation. They highlighted the burgeoning entrepreneurial spirit within townships, the shift towards digital transactions, and the resilience of informal economies. Challenges such as limited access to capital and formal financial markets were noted, alongside the potential for innovative solutions and structured investments to stimulate growth. The discussion emphasised the untapped potential of informal businesses and the need for supportive infrastructure and financial inclusion to drive substantial economic change.
-
After a four-year hiatus, South Africa has returned to the prestigious Chelsea Flower Show in London this year. Their exhibition, which showcased the Cape Mountains and South Africa’s biodiversity, featuring proteas and fynbos, won a Gold Medal, ‘Best Exhibit in the Pavilion,’ and ‘Best New Design’ awards. South Africa has participated in the show since 1976, earning 37 gold awards over the years. However, the country’s florists were absent for the past four years due to the COVID-19 pandemic and a decision by the South African National Biodiversity Institute to withdraw from the show. Keith Kirsten, a renowned horticulturist, spoke to BizNews from Chelsea about how head designer Leon Kluge and artist Tristan Woudberg led a group of volunteers to create this year’s spectacular display using 22,000 proteas and fynbos. The project came together with the crucial support of major donors, including the Rupert Nature Foundation and the Grootbos Private Nature Reserve, leading to South Africa’s most significant success ever at the show.
-
Andrew Middleton, GoSolr CEO, discussed the significant investments from Standard Bank, an international climate-focused investor, and African Rainbow Capital in his solar energy company. He highlighted South Africa's energy crisis, emphasising the potential for solar solutions despite current challenges. Middleton advocates for local investment, community involvement, and improving infrastructure to address the country’s power supply issues. He explained GoSolr's flexible subscription model and its impact on the residential market, stressing the importance of confidence and innovative solutions for sustainable energy and economic growth in South Africa.
-
During a Q&A session at the BizNews conference in London, Alec Hogg spoke to forensic investigator Paul O’Sullivan on crime in South Africa. O’Sullivan highlighted the dire state of the SAPS police force, unable to handle the crime volume due to poor resource allocation. He shared cases of rampant white-collar crime and emphasized the need for improved police leadership and judicial efficiency to combat the overwhelming criminal activities. Despite the challenges, O’Sullivan remains optimistic about potential improvements in the justice system.
-
*This content is brought to you by Jaltech
On 23 May, Alec Hogg and Jonty Sacks hosted a highly informative webinar aimed at helping investors significantly reduce their tax bills. The session focused on strategies for individuals, companies, and trusts with capital gains tax or income tax obligations, providing insights on how to lower taxable income by up to 187% of their investment value within the current financial year.
For more information, click here. -
Eskom chairman Mteto Nyati says cynics are wrong to claim it will be back to loadshedding hell after Election’24 on May 29. He reckons SA’s longest loadshedding-free run in years is based on a solid foundation. The mechanical engineer with an impeccable business pedigree explains how SA’s much improved electricity supply is the result of applying sensible management practices, including performance-related incentives for Eskom staff and productive engagement with its shareholder. He confidently predicts the worst of loadshedding is over, with sufficient capacity coming on stream to support future economic growth. Nyati spoke to BizNews editor Alec Hogg.
-
‘China is very much on our radar,’ US economy shows unexpected resilience - Mark Perchtold (OMBA)
Mark Perchtold, the founding director of OMBA, a company specialising in using Exchange Traded Funds (ETFs), maintains a positive outlook on China despite geopolitical challenges. In an interview with BizNews, Perchtold attributes his outlook on China to various stimulatory measures, including significant reforms by the Chinese governments to boost China's property market. He believes that geopolitical risks are mitigated by China's extensive bilateral agreements with other regions. Perchtold also emphasised the importance of closely monitoring inflation and the Federal Reserve's response, as easier monetary policies and lower interest rates are crucial for boosting the US economy. He noted that the US economy has shown surprising resilience, with robust employment data despite rising interest rates. Regarding AI investments, Perchtold advises maintaining some exposure but warns against overcommitting -
While media and polling narratives might suggest otherwise, South African elections are won or lost on logistics - the practicality of actually getting voters to the polls and having party faithful there to welcome them. Former DA Leader Mmusi Maimane reminds us of reality in a pre-election interview where the Presidential candidate discloses BOSA’s targets for 2024 - and beyond. 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. -
In "How to Fix (Unfxck) a Country," economist Dr. Roy Havemann unveils a roadmap to reboot South Africa post-State Capture. Through his exploration of the six fundamental "E's" – Eskom, Education, Environment, Exports, Equality, and Ethics – Havemann offers practical strategies gleaned from global experiences. Drawing from consultations with esteemed entities, he illustrates how nations rebounded from crises, advocating for swift governmental action. This insightful interview with BizNews charts a path for South Africa's transformation into a powerhouse.
-
In a dynamic Q&A between Alec Hogg and James Lorimer, the shadow minister of Mineral Resources, the discussion spans from Namibia's significant oil finds to South Africa's energy landscape. Lorimer highlights potential job creation and revenue influx from oil and gas, while acknowledging policy hurdles. With insights into fracking, renewable energy, and electoral prospects, the dialogue offers a comprehensive view of energy and politics.
-
At the BizNews Conference in London, Frans Cronje discussed the ANC's electoral prospects, the influence of Jacob Zuma, and the dynamics between the ANC and EFF. He analysed the ANC's strategic behavior and potential alliances, emphasizing the pragmatic and cautious approach the party often takes. Cronje highlighted the complexities within the ANC and its resistance to extreme leftist policies, suggesting that despite internal and external challenges, a complete collapse of the ANC or South African governance is unlikely. He also addressed the implications for smaller parties and the potential for future political and economic recovery in South Africa.
- もっと表示する