BizNews Radio

Load shedding, crime, decaying infrastructure, corruption, and now, the concerning ties with Russia have South Africans boiling with anger. However, according to Professor William Gumede from Wits School of Government, our collective fury falls short. In a BizNews interview, Prof. Gumede revealed that acceptance of state failure, weak leadership, and corruption has seeped into our national psyche. What we require is a resounding uproar. Encouragingly, at the local government level, signs of hope emerge as people harness their voting power for change, as shared by Prof. Gumede in conversation with Linda van Tilburg of Biznews.

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There have been an increasing number of daring - and devastating - attacks behind Russian lines in its war with the Ukraine: audacious drone attacks on Moscow and the Kremlin itself; oil- and fuel depots and bridges blown up; air bases attacked; assassinations carried out. No one has publicly claimed responsibility for these clandestine operations. However, BizNews has been given a glimpse into the war zone by Andrei Kebkalo of Omega Consulting Group (OCG) that has trained at least 2 000 "extraordinary" operators. He answered reporter Chris Steyn's questions from his HQ in the northern Ukraine near the border with Belarus.

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A collapse in the Rand and a sharp fall in local asset prices brought the contestants in the R1m Local v Offshore Challenge much closer together. But 18 months into the five-year competition, Piet Viljoen’s portfolio still has a handy lead (R550 000 v R450 000), and he says the JSE’s selloff has made high-quality SA shares very attractive. They are so cheap that even Magnus Heystek, his rival, reckons it’s worth buying them. They spoke to Alec Hogg of BizNews.

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Discover the secrets of successful investing in this captivating interview with Moneybetter, one of the major sponsors of the Fantasy Fund Manager game. Chris Clarke and Charlotte van Tiddens reveal the game’s educational benefits and Moneybetter’s mission to revolutionise savings in South Africa. They uncover the factors behind discounts on investment holding companies like Naspers and provide valuable insights into their top stock picks for the game. Dive into finance as they discuss long-term investing, healthy cash flow, and the urgent need to promote a more robust savings culture in South Africa. They spoke to Alec Hogg of BizNews

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Derek Hanekom, a veteran ANC member known for his vocal criticism of the party, who chairs the interim board of SAA has expressed confidence in concluding the airline’s acquisition by the Takatso consortium by year-end. He said that SAA had returned to profitability and unveiled plans to expand its route network to 20 destinations, with the first intercontinental route set to reconnect Sao Paulo. Hanekom also emphasised the importance of clean, renewable energy for South Africa, highlighting its potential to be implemented more swiftly than nuclear energy. Furthermore, he voiced his support for the Defend Our Democracy Campaign, a counter-mobilisation aimed at safeguarding South Africa’s democracy. He spoke to Linda van Tilburg of Biznews

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The quiet in March and April proved to be the calm before May's storm with all hell breaking lose on investment markets - and any Rand-related asset taking a hammering. David Bacher of Corion shares the hard numbers and offers insights into whether May's wipeout is a warning of worse to come for JSE-listed shares, or a juicy buying opportunity. He spoke to Alec Hogg of BizNews.

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Ace forensic investigator Paul O'Sullivan says South Africa's new specialist unit to counter a surge in kidnapping has all the signs of an inside job. The founder of Forensics for Justice says the leadership of the SAPS unit is compromised (the operational head is himself on trial on kidnapping charges), while family of unit members are acting as couriers of the cash to kidnappers—a case of wolves appointed to guard sheeple. Also, in this interview, the no-nonsense crime fighter admits his mission to destroy legal firm Lawsons (ex Hogan Lovell SA; previously Routledge Modise) is personal. He spoke to Alec Hogg of BizNews.

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After loosing 37 cattle at about R10 000 a head and 178 pregnant sheep, Bees goes sleepless for nights on end to scare off rustlers when motion sensors on his cattle are set off - sometimes three times a night. He also does not hesitate to shoot cattle smuggled across the border to mate with his bulls or cows. He says he has had no support from the police in 20 years - and implicates soldiers and cops in stock thefts. Meanwhile, even wealthy Basothos farming in the Free State are targeting by the stock thieves.

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We reflect on the first month of Fantasy Fund Manager this week and hope to entice the winner into the studio next week. The varied insights of players make the game what it is, a hotbed of learning. It also highlights how difficult it can be to manage money. We had Corion Capital's Gareth Montano and Dylan Bradfield from Sharenet in the studio. Dylan penned a Telkom article on BizNews, which opened up the telecom discussion, while volatility was evident throughout, with six companies falling more than 20% in the month. The following month's competition kicks off on Monday, 5 June, so be sure to get your picks in before the market opens at 9am, and invite your friends as prizes are up for grabs. Register at www.fantasyfundmanager.co.za—thanks to our platinum sponsors Sharenet, Terebinth Capital, ClucasGray Asset Management, and Money Better. Remember to subscribe to the podcast so you don't miss an episode.

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The ANC’s stubborn insistence on retaining its close friendship with Russia, which broke promises and the UN agreements by invading its democratic neighbour Ukraine, defies reason.The costs are rising.There has been a spat with the US’s Ambassador to the country; warnings from SA’s business community of doors closing; and a red flag from the SA Reserve Bank about the ruinous impact of capital outflows and potential sanctions. Despite this, the ANC refuses to change its irrational stance, defaulting to a claim that the country is ‘non-aligned’. Why? In an interview with Biznews, Professor Piet Croukamp from North-West University’s Business School prods us to ‘follow the money’ suggesting the answer may lie in Russia’s (potentially illegal) funding of the ANC. He spoke to Linda van Tilburg of BizNews.

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