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In the second part of his contribution to the BizNews@10 event, former Eskom COO Jan Oberholzer answered questions from delegates, focusing on the electricity utility's future, emphasising the necessity for organisational transformation. He advocated for a diversified approach, including a coalition with private sector energy suppliers. Oberholzer believes older power stations can be opened to independent power producers, also that the system requires substantial investment in transmission infrastructure. He also pointed to the critical role of storage solutions and addressed concerns about Eskom's ageing assets and the potential increase in electricity tariffs. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices

Women face more challenges than men in wealth creation, particularly in South Africa, where the gender pay gap ranges between 23 and 35%, exceeding the global average of 20%. Alongside women taking breaks from the workforce for childcare, this results in lower lifetime earnings and significantly less wealth upon retirement than men. Furthermore, women often invest in low-return vehicles such as savings accounts or money market funds. However, studies, including a comprehensive investigation by Fidelity, reveal that women's investments tend to outperform men's, with a 0.4% annual advantage. In an interview with BizNews, Julie Anderson, a wealth manager at Overberg Asset Management, attributed women's investments' success to behavioural characteristics unique to them. Despite being less risk-tolerant, women are responsive to facts and make considered decisions. In contrast, men tend to be overconfident regarding investments and tend to overtrade. Moreover, Anderson noted that contrary to prevailing beliefs, women are far less emotional than men in making investment decisions. Learn more about your ad choices. Visit megaphone.fm/adchoices

There seems to be a real prospect that coalitions will become a new reality at all levels of government in South Africa. It is not just the polls indicating that the ANC could receive less than 50% of the vote; a flurry of activity on both the government and opposition sides of the political spectrum is currently unfolding. An all-party workshop was convened by Deputy President Paul Mashatile to discuss national coalitions and opposition leaders - the Economic Freedom Fighters have not been invited - are holding a national convention this week to try to find agreement on a coalition that could shift the power balance in the country.In an interview with Biznews, TK Pooe, a senior lecturer, called for the establishment of a Kenyan-style coalition mechanism or vehicle with an all-star cabinet predetermined before the 2024 elections. Pooe says that South Africans are cynical; they want to know what a coalition would entail before casting their votes. Regarding the matter of who within the ANC would decide on potential coalitions, Pooe says that President Ramaphosa holds the cards and is in the camp that does not favour governing with the EFF. However, the ANC in Gauteng seems to be operating on a different planet and would do anything to survive. If the ANC receives less than 50% of the vote in 2024, Pooe believes that it would mark the end of Ramaphosa's presidency and pave the way for Deputy President Paul Mashatile, who is not opposed to collaborating with the EFF. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Patriotic Alliance (PA) Leader says “we know they have a deal…everything has been agreed, they are just working out the lobola…” He warns, “Both of them are gonna pay dearly because it will be the end of the DA - and it will be the near-end of the ANC." McKenzie also predicts an imminent three-way split in the ANC between the faction of President Cyril Ramaphosa, ousted Secretary General Ace Magashule and former President Jacob Zuma, saying: “I just think that they've pushed Jacob Zuma too far…I think he's going to teach them a lesson.” He reveals that there’s a “Black Pact” rising amongst political parties to form one party. McKenzie calls the Economic Freedom Fighters (EFF), McKenzie “the wild card” of the coalition of 2024 - and calls for a ban of the song “Kill the Boer, Kill the Farmer”. He also gives the low-down on his close friendship with billionaire businessman Rob Hersov, and divulges what they agree on - and what they don’t agree on. And he shares the details of his recent visit to Israel. - Chris Steyn Learn more about your ad choices. Visit megaphone.fm/adchoices

Missing bodies, missing body parts, bodies piling up, bodies being handled by unqualified personnel, bribes to view bodies…These are just come of the ways in which the rights of deceased people and their families have been violated in South Africa’s State mortuaries. BizNews speaks to Professor David Mc Cuoid-Mason, a lecturer in Medical Practice at the University of KwaZulu-Natal. He has been fighting for the control of Forensic Mortuary Services to be removed from the Department of Health and placed under the control of an independent body to ensure that the rights of both the deceased and their relatives are respected. Learn more about your ad choices. Visit megaphone.fm/adchoices

The pandemic has accelerated the shift towards digital healthcare. However, digital healthcare is still in its infancy in South Africa, with fewer than 100,000 patients using digital services. There is huge potential for expansion, and one of the companies aspiring to revolutionise healthcare in South Africa through technology-driven solutions is HealthDart. HealthDart has been selected to be part of the Google for Start-ups Black Founders Fund 2023 cohort. In an interview with Biznews, HealthDart CEO Njabulo Skhosana said that the company wants to use technology to streamline the patient journey to primary healthcare which is characterised by inefficiency and fragmentation. He said that they would be working with Google to improve their products and were interested in establishing partnerships with medical aid organisations within the country to make healthcare cheaper and more accessible. Learn more about your ad choices. Visit megaphone.fm/adchoices

In a recent interview with Rish Tandapany, Chief Operating Officer of the Purple Group, Alec Hogg delved into the intriguing story of Purple Group's expansion into the Philippines and its partnership with GCash. The conversation shed light on the motivations behind this strategic move, the synergies between the two entities, and the potential impact on the Filipino and global investment landscape.*EasyEquities and GCash make investing Easy with the innovative platform “GStocks Global".*For more information visit - https://bit.ly/3CkBJNz Learn more about your ad choices. Visit megaphone.fm/adchoices

Four weeks after Alec Hogg’s fascinating interview with then Eskom consultant and former COO Jan Oberholzer, the electrical engineer returned to the same venue to provide an update at the 10th BizNews birthday celebration. Having only recently departed Eskom, well ahead of the expiry of his contract, Oberholzer explained the reason for the sudden departure and shared his views on how long South Africa will be plagued by scarce electricity - extensive power cuts which the nation knows by a more polite title of ‘load-shedding’. This is the first part of his contribution, an interview with the BizNews founder. Learn more about your ad choices. Visit megaphone.fm/adchoices

Attorney Christopher Bean, who specialises in the recovery of stolen monies and assets, says: “We want to have it frozen in terms of local freezing orders which apply in those different countries. And then we want to bring the money back. It's that simple. However, says Bean, “there are people who don't want us to do that because it will expose who are the beneficiaries” of that money. And without a mandate, either from the National Prosecuting Authority (NPA) or a State Owned Enterprise (SOE), Bean can’t go after State Capture loot stashed across the world. He is now challenging CEOs of Public Enterprises to “have the cojones to stand up and have a conversation with us and see if we can help recover the money that belongs to this country so that we can all benefit”. Civil Attachment Orders a.k.a Freezing Orders, Mareva Injunctions and Magnitsky Attachment Orders are currently being used very successfully to attach millions of US$ in Putin Oligarch funds all over the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

The pandemic uprooted the majority of office workers from their 9-to-5 workdays. Work from home (WFH) became the new normal for millions of people around the world and some took the opportunity to move to other cities or the countryside. However, there has been a slow march back to the office, with even Zoom, the video conferencing company that became synonymous with WFH, joining a parade of companies requiring employees to show up in person. In an interview with Biznews, Anne Rutledge, the Executive Director of Talent Solutions at Resourgenix, said that the workforce is asking for flexibility and that companies need to embrace hybrid work, as it is here to stay. Rutledge said companies need to have conversations with their workforce and put measures in place to address issues particular to South Africa like loadshedding. The world has changed from the 9-to-5 model, she says, and talent will look for opportunities that embrace that change.Sponsored by Resourgenix Learn more about your ad choices. Visit megaphone.fm/adchoices