BizNews Radio

With uncertainty in equity markets, rising interest rates and inflation, investors are looking to diversify their portfolios. Wealth Migrate’s Scott Picken and Riaan van der Vyfer, and their US partner Judd Dunning, who is the president of DWG Capital Partners, believe that investing in industrial property is a good hedge against the economic cycle. Those buildings on the way to the airport might be labelled as the not-sexy sector of the property market but they say industrial property could provide a very good, predictable income for investors in volatile times, especially if they are situated in the “radically powerful” free market of the United States. – Linda van Tilburg

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The organic improvement of human health as a priority has been sidelined, with the predominant focus having shifted to, more often than not, medical interventions that treat symptoms but not core issues. However, there are still a handful of organisations working tirelessly to shift the paradigm around human health. BizNews spoke to Jayne Bullen, the COO of The Noakes Foundation, MD of the Nutrition Network and Co-Founder of Eat Better South Africa – three organisations aiming to fix the future outlook of human health, by changing the way people eat and the food policies to enable this. Bullen’s genuine belief in the work that these organisations are doing was a breath of fresh air and a real sign of hope that the obstacle of dietary disease facing both national and international populations can be overcome.

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Motorists in Gauteng will be breathing a collective sigh of relief after Gauteng Premier Panyaza Lesufi confirmed "we are now ready to start a new life without e-tolls in Gauteng". This clarity comes in the wake of pronouncements made by Finance Minister Enoch Godongwana in his mid-term budget policy statement. Godongwana announced National Treasury will on board 70% of SANRAL's debt while the Gauteng provincial government will cover the remaining 30%. Godongwana said "...the costs of maintaining the 201 kilometres and associated interchanges of the roads and any additional investment in road will be funded through either the existing electronic toll infrastructure or new toll plazas, or any other revenue source within their area of responsibility." But any confusion over whether future funding models would include e-tolling has been put to bed by Lesufi. BizNews correspondent Michael Appel spoke to Automobile Association spokesperson Layton Beard in the wake of the announcement. Meanwhile, Wayne Duvenage from the Organisation Undoing Tax Abuse - OUTA - says this is the culmination of the biggest civil disobedience campaign in the country's democratic history.

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Do pronouncements by Finance Minister Enoch Godongwana in his mid-term budget policy speech spell the end of e-tolls in Gauteng? The honest answer is it depends. Godongwana has announced National Treasury will on board 70% of SANRAL's debt while the Gauteng provincial government will cover the remaining 30%. But importantly, Godongwana says: "...the costs of maintaining the 201 kilometres and associated interchanges of the roads and any additional investment in road will be funded through either the existing electronic toll infrastructure or new toll plazas, or any other revenue source within their area of responsibility." BizNews correspondent Michael Appel spoke to Automobile Association spokesperson Layton Beard to try and decipher what exactly it all means. Meanwhile, Wayne Duvenage from the Organisation Undoing Tax Abuse - OUTA - is confident it's the end of e-tolls.

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Excerpts from the Mid Term Budget Speech presser in which SARB Governor Lesetja Kganyago and (DG) of the National Treasury, Ismail Momoniat answer questions related to the possibility of greylisting, SANRAL and the wage bill

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More and more South Africans of all ages see no future for themselves in the country, according to Andrew Rissik from Sable International, the immigration specialists. However, he warns that the grass isn’t always greener on the other side – inflation, and high energy and living costs are a problem everywhere. So what should people who want a Plan B take into account to make sure they hedge their bets for an overseas move? Rissik told BizNews about the importance of having a strategy and choosing a destination where your skills are needed. He also highlighted that a Caribbean passport allows for business travel across the Schengen region, China and Russia and where the over 60s can move after retirement. Sable International is holding a Global Citizenship and Emigration Expo from October 27 to November 9 where those looking for an offshore strategy can discuss options with Sable migration specialists. – Linda van Tilburg

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The One South Africa (OSA) Movement believes there is no way President Cyril Ramaphosa can sign the Electoral Amendment Bill into law in its current form. Dr Michael Louis, director of OSA, as well as founder of the Independent Candidates Association, told BizNews correspondent Michael Appel that there's ardent opposition to the recently-passed Bill, with stinging criticism even coming from none other than former president's Thabo Mbeki and Kgalema Motlanthe. In June 2020, the Constitutional Court ruled that our Electoral Act was unconstitutional. The Bill of Rights - which gives any individual the right to stand for public office - is at odds with current legislation stating anyone contesting elections must belong to a political party. The ConCourt ordered parliament to remedy the situation within 24 months, but that deadline expired in June 2022. An extension until 10 December this year was granted. Louis predicts that due to the flawed and defective process by which the Bill, in its current form was crafted, it simply won't pass constitutional muster. Ramaphosa is likely, he believes, going to have to approach the ConCourt with yet another condonation application in order to make changes to the Bill so that it equals out the skewed playing field currently working in favour of political parties.

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Bernard Mostert shines his searchlight on the furore around the R75.4m mortgage loan on Markus Jooste’s property assets registered in the name of his mentor and business partner Braam van Huyssteen’s trust. He explains how the mortgage came into the trust’s possession - and implications of last week’s preservation order on Jooste’s assets, including his Hermanus home, by the SA Reserve Bank. Mostert also voices concerns over media sensationalism and offers his thoughts on the blockbuster documentary Steinheist in which he featured prominently. He spoke to Alec Hogg of BizNews.

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Our president has laid out his implementation plan to “forever bring an end to state capture in our country”. Cyril Ramaphosa calls the caboodle of corruption perpetrated in South Africa over many years a crime against its people. He addressed the nation on Sunday evening just a day after former head of state Jacob Zuma launched a pre-emptive and rather conveniently timed attack on the embattled Ramaphosa calling him corrupt and guilty of treason. Strong words from Zuma, a convicted criminal who faces a host of corruption charges in a trial, which has been almost two decades in the making. A trial he has thrown everything – including the Nkandla sink at – to make sure it never gets off the ground. BizNews correspondent Michael Appel takes a look at some of the measures contained in Ramaphosa's implementation plan to battle state capture.

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Veteran VAERS (the US’s Vaccine Adverse Event Reporting System) analyst Dr Jessica Rose, who has been rigorously following the data since week one of VAERS, is uniquely privy to harmful effects of Covid-19 vaccines. Rose, a computational biologist who specialises in biomathematics and molecular research, is also part of the international team of SA VAERS. In an attempt to get a better understanding of the findings gathered from VAERS data and the harmful effects of the vaccines on pregnancy, the coverage of which is contemptibly absent, BizNews spoke to Rose, whose insights were valuable and indicative of an insidious trend, given that the available data is, due to underreporting and missing data, only a fraction of the realistic statistics. The discussion of data revealed by VAERS in respect of pregnancy prompted Rose to highlight that, “the regulatory bodies that serve as the stopgap between a product developed by a pharmaceutical industry, whose methodologies are questionable at best, and whose business model is to profit, and the people are not functioning anymore.”

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