BizNews Radio

Mayor Mpho Moerane has been in office since the beginning of October after the deaths of his predecessors Geoff Makhubo and Jolidee Matongo. The newly appointed mayor has been open about his wishes for the city of Johannesburg and as local government elections draw closer and closer, Moerane remains dedicated to fulfilling his duty. In a recent interview, he outlined multiple initiatives and plans that he has or will implement despite the short time before local government elections. From bolstering the electrical supply in Johannesburg to improving law enforcement, Mayor Moerane has promised to do as much as he can for the city. Despite the litany of issues that plague Johannesburg, Moerane remains optimistic these issues can be remedied.

*Image published courtesy of joburg.org.za

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Mishal Patel, Sable International's British and nationality expert, joins Bronwyn Nielsen of BizNews to shed light on the intricacies of obtaining British citizenship. Patel specialises in isolating claims to British nationality for those who have connections to former British Territories, those who are resident in the UK, and those adopted by British citizens. In the discussion, he touches on the impact Brexit has had on the process, as well as the challenges faced by parents looking to secure citizenship for their adopted children.

Mishal Patel, Sable International's British and nationality expert, joins Bronwyn Nielsen of BizNews to shed light on the intricacies of obtaining British citizenship. Patel specialises in isolating claims to British nationality for those who have connections to former British Territories, those who are resident in the UK, and those adopted by British citizens. In the discussion, he touches on the impact Brexit has had on the process, as well as the challenges faced by parents looking to secure citizenship for their adopted children.

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Brenthurst Wealth founder Magnus Heystek comes to us from Mauritius, a destination he believes provides an opportunity from an investment perspective. Much like South Africa, Mauritius is dependent on tourism and, as a result, the economy has suffered during the coronavirus pandemic. However, Heystek paints a picture of an economic revival, with the island slowly coming out of the pandemic stronger. Heystek also touches on the contradictory statements of JSE CEO Leila Fourie, who told the investment community about the data coming out of the bond market. Heystek believes this is of serious concern because of its importance as an investment indicator.

Brenthurst Wealth founder Magnus Heystek comes to us from Mauritius, a destination he believes provides an opportunity from an investment perspective. Much like South Africa, Mauritius is dependent on tourism and, as a result, the economy has suffered during the coronavirus pandemic. However, Heystek paints a picture of an economic revival, with the island slowly coming out of the pandemic stronger. Heystek also touches on the contradictory statements of JSE CEO Leila Fourie, who told the investment community about the data coming out of the bond market. Heystek believes this is of serious concern because of its importance as an investment indicator. 

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Dr Frans Cronje, who recently retired after 18 years at the Institute for Race Relations, visited KZN last week to get a first hand look at what remains in the aftermath of July's riots. It confirmed his thesis that South Africa is breaking into smaller units. In the best cases, communities which stood togewther during the anarchy are stepping into the vacuum left by Pretoria. In others, the riots have literally destroyed what were once thriving towns. Cronje also shares his interpretation of the latest polls ahead of the November 1 elections, projecting continued losses for the ANC and DA, little change for the EFF and significant increases in the share of the vote for smaller parties like Action SA, FF+ and the IFP.

Dr Frans Cronje, who recently retired after 18 years at the Institute for Race Relations, visited KZN last week to get a first hand look at what remains in the aftermath of July's riots. It confirmed his thesis that South Africa is breaking into smaller units. In the best cases, communities which stood togewther during the anarchy are stepping into the vacuum left by Pretoria. In others, the riots have literally destroyed what were once thriving towns. Cronje also shares his interpretation of the latest polls ahead of the November 1 elections, projecting continued losses for the ANC and DA, little change for the EFF and significant increases in the share of the vote for smaller parties like Action SA, FF+ and the IFP.

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In this episode of the BizNews Power Hour, the IRR's former CEO Dr Frans Cronje reports back after a four day road trip through small town KZN which has changed drastically since the July riots; Magnus Heystek connects from Mauritius, seeing plenty of growth in his two year absence; Jaltech co-founder Gaurav Nair unpacks the innovative cryptocurrency vehicle which offers the security of being regulated; and SVI Engineering’s Nicol Louw on the boom in bullet proof vehicles, a consequence of the July riots.

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In this episode of the BizNews Power Hour, the IRR's former CEO Dr Frans Cronje reports back after a four day road trip through small town KZN which has changed drastically since the July riots; Magnus Heystek connects from Mauritius, seeing plenty of growth in his two year absence; Jaltech co-founder Gaurav Nair unpacks the innovative cryptocurrency vehicle which offers the security of being regulated; and SVI Engineering’s Nicol Louw on the boom in bullet proof vehicles, a consequence of the July riots.

News headlines:

* The University of Cape Town (UCT) council has approved in principle a proposal to make Covid-19 vaccinations mandatory for both staff and students.

* The Independent Electoral Commission (IEC) of South Africa has reiterated that voters will not be expected to provide proof of Covid-19 vaccination to cast their ballots in the upcoming municipal elections.

* Evergrande Group's deal to sell a majority stake in its property services unit has been put on hold, adding to the Chinese property developer's precarious position. The embattled firm, which faces more than $300 billion in debt, was in talks to sell 51% of its stake in Evergrande Property Services to a smaller rival for around $2.6 billion.