BizNews Radio

For six years, a couple of entrepreneurially seasoned CAs trading have been delivering Alternative Investment goods for clients. Their firm, Innovate Alternative Investments and Assets, uses its independence effectively by spreading clients’ funds among the most appealing private equity, venture capital, 12J and other alternative investment classes. In this interview, co-founder Anil Govind explains how Innovate outperforms - and why the tax-incentive 12B funds are so appealing right now. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices

Asia's economic success stories have been extensively documented in numerous books, attracting a steady stream of visitors to countries like China, Singapore, Vietnam, and South Korea who seek to witness their remarkable growth. Naturally, this prompts the question: What lessons can Africa learn from these experiences, and who should serve as an inspiration? In an interview with Biznews, political analyst, Moeletsi, presents a fresh perspective, suggesting that South Africa should redirect its focus away from the East and instead look to the New World, particularly the United States that we should emulate. In an interview with Biznews, Mbeki draws parallels between the American experience and South Africa's emphasising the need for South Africa to break free from its neo-colonial economic structure imposed by the British, which heavily relies on the export of raw materials. He says that the big mining companies show little interest in beneficiation, instead focusing on excavation and calls for a revolutionary shift to proper industrialisation which includes a fundamental overhaul of South Africa’s education system. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises, Mr Ghaleb Cachalia, shares the details of a conversation he had with former ESKOM COO Mr Jan Oberholzer following his sudden departure from the beleaguered power utility. And he gives his very frank verdict on the move. He also hails the government’s first step towards privatisation at Transnet, another struggling SOE - and says public-private partnerships are needed to fix the State’s non-delivery at all SOEs. He is very upbeat about the outcome of next year’s national elections, and says that while the African National Congress (ANC) is “scrambling” to hold onto votes, the coalition is “looking stronger by the day”. Learn more about your ad choices. Visit megaphone.fm/adchoices

Judging by the vociferous comments on social media after my interview with Dr Nicholas Crisp, middle-class South Africans are almost universally camped against the concept of national health insurance. But most South Africans DO agree the status quo is disastrous. While corruption, cadre deployment and incompetence are blamed, deep structural issues inherited from pre-1994 were never addressed. South Africa’s solution surely lies outside those provided in often-referenced First World countries like the UK and France. Among the global success stories is Indonesia, a developing country with an efficient universal healthcare system serving a widely dispersed population four times SA’s. The President of Indonesia’s national health insurance body is Dr Ali Ghufron Mukti. He is a university professor and serves as the director general of Indonesia’s Ministry of Research Technology and Higher Education. We met during his visit to SA last week. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices

The South African Police Service’s (SAPS) Crime Intelligence section is “sleeping” while transnational organised crime syndicates loot billions - and rampant lawlessness sabotages the economy. This has emerged from a BizNews interview with veteran crime fighter Yusuf Abramjee, who is also the founder of Tax Justice South Africa (TJSA). Every day, an estimated R250 million is looted from South Africa by the illicit economy - often with the help of corrupt officials - with “very little action” from government to counter it. Abramjee says South Africans should be “very, very worried” about the corruption in the ranks of government, civil servants, and politicians - and urges civil society to fight back and put pressure on the government to act. He warns that the new Tobacco Products and Electronic Delivery Systems Control Bill will help illicit cigarette barons loot even more. He calls the recent spate of torching of trucks “economic sabotage” and asks: “Where was Crime Intelligence in the first place - before the first truck was set alight? Perhaps they're still snoring. We know Crime Intelligence has been sleeping for years…” Learn more about your ad choices. Visit megaphone.fm/adchoices

Dive into an insightful discussion with Andrew Vintcent of ClucasGray about the current volatile landscape of South African stocks. Andrew defies the bearish outlook by advocating for JSE-listed stocks, offering an intriguing take on investing in a South African-only balanced fund. The conversation delves deep into key issues like load shedding, inflation, and the cyclical versus structural nature of current financial difficulties, all framed within an overarching optimism for the future of South African investing. This candid conversation is not to be missed by any investor. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices

Francois Nortje, director of NT55 Investments and developer of the Port of Gauteng, unpacks the watershed public-private partnership deal announced yesterday by Transnet. Nortje, the parastatal’s most vocal critic, is full of enthusiasm lauding Transnet’s selection of ICTSI, a reputable Filipino company which is one of the world’s leaders in this field - and valued at R135bn on the Manila Stock Exchange. He is not as excited about the second leg in the process, a similar partnership opportunity on rail connectivity, but reckons improving South Africa’s port infrastructure is a positive step towards levelling out the downward economic spiral of recent years. He spoke to Alec Hogg of BizNews . Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2024 national and provincial elections are seen as a realistic opportunity for opposition parties to wrest power away from the ruling ANC. With every single vote making a difference, the DA is gearing up to woo overseas voters who have in the past overwhelmingly voted for the party. The DA Abroad’s Global Chair, Ludré Stevens, told BizNews that voting overseas is much easier for this election, as the IEC has agreed to allow online registration for overseas voters. Stevens said this is a huge game changer and the party is also pushing for more voting stations in locations where South Africans are based, rather than just capital cities, and for the use of only one form of identification. He said the DA has started a process of mobilising South Africans abroad as this is the election where a single seat can make a difference. Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP.---Timestamps00:00 - Introductions00:28 - Ludré Steven discusses the DA's drive to secure overseas voting for the 2024 national election 01:00 - Steven gives the ins and outs of overseas voting04:50 - On the number of overseas voters the DA aims to secure06:56 - On the need to get votes away from the ANC10:57 - On difficulties with securing passports for overseas voters12:07 - On the importance of the 2024 national election Learn more about your ad choices. Visit megaphone.fm/adchoices

What would crime fighter Ian Cameron do if he were the Minister of Police? Cameron would start by fixing the top structure of the South African Police Service (SAPS): a national commissioner who understands that he is a CEO of an entity that is providing a service to 60 million clients; a skills audit of the “Top 10” to get rid of political appointments and incompetents; a polygraph process to weed out the corrupt; the recruitment of officers with integrity who can service with transparency; as well as better training, more detectives - and the return of reservists. He also gives BizNews an update on the latest developments around the recent assault by members of Deputy President Paul Mashatile's VIP Protection Unit detail on unarmed civilians forced off the N1 highway. - Chris SteynYour early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP.---Timestamps00:00 - Introductions00:22 - Ian Cameron gives an update on the N1 VIP Police scandal08:14 - Cameron on how would fix policing in South Africa11:39 - Ian Cameron provides words of hope for South Africans Learn more about your ad choices. Visit megaphone.fm/adchoices

Dylan Bradfield, portfolio manager at Sharenet, provides some excellent investment pointers, basing his view on the strong potential for a rotation of investment from US assets to Emerging Markets - including South Africa. Bradfield highlights the recent popularity of the JSE, driven by the weakening dollar and increased interest in retailers, insurers, and banks. He believes that South African stocks are highly attractive value propositions, with cheap fundamentals and the potential for a significant upward move as global markets allocate more capital to the country. Bradfield also provides the case for buying Telkom and Blue Label. He spoke to Alec Hogg of BizNews from the Latitude Aparthotel studio in Cape Town. - Alec HoggYour early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP.---Timestamps00:00 - Introductions00:39 - Dylan Bradfield on Fantasy Fund Manager01:57 - Bradfield gives his overall view of the South African market04:18 - On cheap SA stocks and the trajectory of the market04:49 - On Telkom07:50 - On Openserve10:02 - On Blue Label12:45 - On his approach to investing14:01 - On the US inflation rate and its impact on US stocks16:28 - How the US economy may affect the SA market17:52 - On being patient with your investments Learn more about your ad choices. Visit megaphone.fm/adchoices