BizNews Radio

Ocean Basket has been fishing in other waters since 2008 and when everybody battened down the hatches and pulled in the lines during the Covid-19 pandemic, the advice of the company’s founder was: it’s time to think about growing. The seafood restaurant, loved by South Africans, has just opened its second branch in London – a notoriously difficult market for restaurateurs. Ocean Basket CEO Grace Harding gave Linda van Tilburg the recipe for success in overseas markets, told her how Saffers in the UK are coming from far to eat at their favourite seafood restaurant, and how they are battling to find staff in London after Brexit.

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On a rugged, remote stretch of coast east of Stilbaai in the Southern Cape, palaeoscientists Charles Helm and Jan de Vynck have discovered a rock believed to contain one of the oldest examples of our human ancestors drawing symbolic expressions in the sand. This important find was about to fall into the ocean, but they set out to save it. Drs De Vynck and Helm told BizNews about the importance of this rock in humans’ cognitive growth as a species. It is also fascinating story about how a South African medical doctor who stumbled onto dinosaur footprints in Canada turned into a palaeoscientist and then discovered 326 track sites in the Southern Cape – Linda van Tilburg

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Namibia is one of the climate change vulnerability hotspots in the Southern African region. Adaptation is of primary importance to the country and high on the government's agenda to guarantee the welfare of Namibia's people while reducing risks and building resilience.

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Innovative Corion Prime Equity unit trust keeps delivering the goods with the fund, and the best ideas of its four external fund managers, comfortably beating their benchmark this year. Corion's hand-picked money managers remain bullish about South African shares, believing them to have fully discounted all of the bad news enveloping the SA economy right now. In this fascinating interview, Corion's Garreth Montano also explains why top money manager Andrew Vintcent has added Kaap Agri to his half dozen 'best ideas' shares - news sure to trigger deeper investigation by those looking to ride on this highly regarded stock picker's coattails. Montano spoke to Alec Hogg of BizNews.com.

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At this African COP for the first time since the adoption of the UN climate Convention parties have agreed to introduce loss and damage funding as an agenda item at the climate conference. The bottom line is that developing nations want to be compensated for the loss and damage inflicted upon them as a result of the climate crisis that Developed nations are responsible for causing.

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This year's climate summit in Sharm El Sheikh, Egypt sees four pavilions dedicated to food and farming. Theo de Jager former President of The World Farmers’ Organisation says every farmer knows what he or she can do better on their farms. Farmers need to produce more with less on less.

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It’s safe to assume no one consciously sets out to challenge a narrative as deeply entrenched and emotionally charged as climate change. Dr William Happer, an American physicist and Professor Emeritus in the Department of Physics at Princeton University, certainly didn’t. It was only in 1991, upon Happer’s appointment by President George W Bush as director of Energy Research in the US Department of Energy, that his interaction with climate change authorities – and their refusal to engage in customary scientific debate on climate change – piqued his interest. Thereafter, Happer was dismissed for his contrarian views and ‘head butting’ with climate change luminary Al Gore, only to be brought back to Washington by former president Donald Trump in 2018. BizNews spoke to Happer (83) about his prodigious career and discovery that the burgeoning climate change hysteria had no scientific basis. Happer meticulously detailed why and how CO2, the “demon gas”, is not a pollutant but is essential to mankind’s prosperity.

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Mosebenzi Zwane is one of 16 accused in the state’s case against a coterie of Gupta acolytes and hangers-on. It’s the state versus seven individuals and nine companies. Among them, the former MEC (also former minister) Zwane, the former head of department Peter Thabethe, the former CFO Seipati Dhlamini, and former chief director Takisi Masiteng, all from within the Free State Agriculture Department. Zwane was arrested in late September this year and released on R10,000 bail. BizNews correspondent Michael Appel takes a look at the history of the failed project and the indictment the NPA has served on the accused.

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September’s Corion Report was aptly titled ‘A Nightmare on All Streets’ after record market downturns, the report did however end on a high note, with the cheery notion that the ‘sun will come out tomorrow’ and it did exactly that in October. The Dow Jones rebounded with returns of 14%, a record not seen since 1976, and the MSCI All Countries Index saw gains of 6%. In this interview Bacher explains why ‘local is still lekker’ with strong value to be found in South African stocks, and why, despite the certainty that we will continue to see volatility within equity markets on the back of geopolitical upheaval it is important to keep a cool head and stick to your long-term investing strategy. Hedge funds also get the nod of approval as an aspect of an investment portfolio, that to date have not been fully taken advantage of in South Africa. Investors shouldn’t be too pessimistic when approaching equity markets and rather focus on first principles to derive lasting gains, it’s better to be in the game than not at all.

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An overall feeling of dismay is probably the best way to describe how transport operators are processing the latest diesel price hike on Wednesday. While petrol increased by 51c/l, it's the continuing hike in diesel - this month by R1.40/l - that will be straining the economic lifeblood of our economy. From crime and looting, to road blockages and a dysfunctional ports system, the road freight industry has been licking its wounds for some time now. Gavin Kelly, chief executive at the Road Freight Association (RFA) tells BizNews correspondent Michael Appel that operators can't keep on absorbing these increasing costs so it will, inevitably, filter down to an already overstretched consumer.

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