BizNews Radio

Veteran mining analyst Peter Major sits down to discuss Impala Platinum’s prospective takeover of mid-tier precious metals producers Royal Bafokeng Platinum (RBP). The news follows Sibanye-Stillwater’s acquisition of a nickel and copper mine in Brazil for $1bn. Today, African Rainbow Minerals issued a cautionary announcement ahead of a prospective acquisition from competitors Anglo American. There is M&A mania in the air in the commodity sector, the likes of which has not been seen since the commodity bust 15 or so years ago. Despite traders and investors generally skittish about the flurry of deals in the resources sector, Major believes Impala’s prospective takeover of RBP makes sense given the synergies. RBP market value ballooned 20% following the announcement, adding over R6bn to its market cap. RBP is trading at a touch over R110 per share (as of the close of trade on Thursday) with a market cap of R32bn. A deal around the size of R40bn could be on the cards. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

In tonight’s episode of the BizNews Power Hour, Alec Hogg on the BizNews Portfolio’s newest purchase Aveng; Resources guru Peter Major unpacks Implats' plans to buy Royal Bafokeng Platinum; Mishal Patel, Sable International's British and nationality expert sheds light on the intricacies of obtaining British citizenship; and Linda van Tilburg explores what happed to the Oppenheimer's billion during Covid.

In tonight’s episode of the BizNews Power Hour, Alec Hogg on the BizNews Portfolio’s newest purchase Aveng; Resources guru Peter Major unpacks Implats' plans to buy Royal Bafokeng Platinum; Mishal Patel, Sable International's British and nationality expert sheds light on the intricacies of obtaining British citizenship; and Linda van Tilburg explores what happed to the Oppenheimer's billion during Covid.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In tonight’s episode of the BizNews Power Hour, 10X founder and former top rated investment analyst Steven Nathan’s views on the BizNews Portfolio’s newest addition - Aveng; Resources guru Peter Major unpacks Sibanye Stillwater’s latest acquisition - mines extracting nickel and copper in South America; CEO of Spear REIT, Quintin Rossi, shares the Western Cape-focused company’s latest results; Bureau of Investigative Journalism’s international editor - James Ball let’s us in on the episode seven of Smoke Screen which has evidnece suggesting leading UK listed group British American Tobacco paid a $500k bribe to the Mugabe Regime.

In tonight’s episode of the BizNews Power Hour, 10X founder and former top rated investment analyst Steven Nathan’s views on the BizNews Portfolio’s newest addition - Aveng; Resources guru Peter Major unpacks Sibanye Stillwater’s latest acquisition - mines extracting nickel and copper in South America; CEO of Spear REIT, Quintin Rossi, shares the Western Cape-focused company’s latest results; Bureau of Investigative Journalism’s international editor - James Ball let’s us in on the episode seven of Smoke Screen which has evidnece suggesting leading UK listed group British American Tobacco paid a $500k bribe to the Mugabe Regime.

Learn more about your ad choices. Visit megaphone.fm/adchoices

News headlines:

*The DA has appealed to finance minister Enoch Godongwana and the Treasury to create a new municipal grant so that metros with the required capacity can take control over local policing.

*A former captain of South Africa’s national cricket team withdrew from a T20 World Cup match on Tuesday after the sport’s national body instructed all players to “take the knee” before every game in the tournament that’s under way in the United Arab Emirates.

*South Africa is considering buying the country’s biggest oil refinery, a joint venture between Royal Dutch Shell Plc and BP Plc, known as Sapref.

News headlines:

*The DA has appealed to finance minister Enoch Godongwana and the Treasury to create a new municipal grant so that metros with the required capacity can take control over local policing.

*A former captain of South Africa’s national cricket team withdrew from a T20 World Cup match on Tuesday after the sport’s national body instructed all players to “take the knee” before every game in the tournament that’s under way in the United Arab Emirates.

*South Africa is considering buying the country’s biggest oil refinery, a joint venture between Royal Dutch Shell Plc and BP Plc, known as Sapref.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The BizNews Investment Portfolio has been a roaring success for over seven years. Since inception, the portfolio has managed to achieve a compound annual growth rate – the primary indicator of investment performance – of over 20% in both rand and dollar terms. This is an incredible achievement with some of the world’s very best investment professionals unable to achieve this feat. BizNews founder Alec Hogg has put his faith in technology-centric businesses, predominantly the high-flying US tech large cap names, which have been outperformers for the better part of the last decade. Hogg, a disciple of Warren Buffett and Charlie Munger’s investment principles, turns his eye to local construction company Aveng. On the brink of collapse in 2018, Aveng has implemented a turnaround strategy that seems to be bearing fruit. After valuable insight from the ever-rational Piet Viljoen and decorated mining executive Bernard Swanepoel’s appointment to the board, Hogg has dived into this fallen angel in the hope it will rise again.

The BizNews Investment Portfolio has been a roaring success for over seven years. Since inception, the portfolio has managed to achieve a compound annual growth rate – the primary indicator of investment performance – of over 20% in both rand and dollar terms. This is an incredible achievement with some of the world’s very best investment professionals unable to achieve this feat. BizNews founder Alec Hogg has put his faith in technology-centric businesses, predominantly the high-flying US tech large cap names, which have been outperformers for the better part of the last decade. Hogg, a disciple of Warren Buffett and Charlie Munger’s investment principles, turns his eye to local construction company Aveng. On the brink of collapse in 2018, Aveng has implemented a turnaround strategy that seems to be bearing fruit. After valuable insight from the ever-rational Piet Viljoen and decorated mining executive Bernard Swanepoel’s appointment to the board, Hogg has dived into this fallen angel in the hope it will rise again. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Spear REIT CEO Quintin Rossi unpacks the Western Cape focused real estate company's interim numbers.