BizNews Radio

Brenthurst Wealth Management founder Magnus Heystek leads Wednesday's market insights with the investment strategist explaining his inability to promote cryptocurrencies as an asset class due to it being an unregulated market. Netflix reaching new all time highs, as a result of  the popularity of Squid Game, popular, Korean show was discussed at length with Americans seemingly consistent at being the leaders from an innovation perspective. China, executive remuneration and Sanlam taking over Absa's investment business round up the conversation.

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Warehousing and logistics focused property fund Equites has been a standout performer within the South African listed property universe since listing in 2014. Equites chief executive Andrea Taverna-Turisan unpacked the real-estate investment trusts half-year results, with most important financial line items improving on the prior period. Andrea says that although Equites is trading at a premium to its book value on the local bourse - which is very unusual for property counters - he states that like-for-like international peers are trading at far greater premiums due to the attractiveness of the asset class.

Warehousing and logistics focused property fund Equites has been a standout performer within the South African listed property universe since listing in 2014. Equites chief executive Andrea Taverna-Turisan unpacked the real-estate investment trusts half-year results, with most important financial line items improving on the prior period. Andrea says that although Equites is trading at a premium to its book value on the local bourse - which is very unusual for property counters - he states that like-for-like international peers are trading at far greater premiums due to the attractiveness of the asset class.

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News headlines:

*South Africa’s new communications minister said this week’s outage of Facebook Inc. apps and services is a reminder the government can do more to support the development of local social-media platforms.

*UPL Ltd., an Indian producer of chemicals used in agriculture, will be asked to pay for the establishment of a forum that will keep the public informed about developments relating to a spill of hazardous chemicals in the South African city of Durban.

*A new analysis shows that South Africa is one of only 13 economies producing less now than a decade ago.

News headlines:

*South Africa’s new communications minister said this week’s outage of Facebook Inc. apps and services is a reminder the government can do more to support the development of local social-media platforms.

*UPL Ltd., an Indian producer of chemicals used in agriculture, will be asked to pay for the establishment of a forum that will keep the public informed about developments relating to a spill of hazardous chemicals in the South African city of Durban.

*A new analysis shows that South Africa is one of only 13 economies producing less now than a decade ago.

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It's an exciting time in the South African hospitality industry. Paul Gardiner from the Mantis Group joined the BizNews Power Hour to discuss the potential removal of South Africa from the UK's red list. Gardiner notes that the UK is an essential part of SA's tourism market. "We would generate 2.6 million tourists internationally annually. A massive chunk - almost 450 000 - are British."

It's an exciting time in the South African hospitality industry. Paul Gardiner from the Mantis Group joined the BizNews Power Hour to discuss the potential removal of South Africa from the UK's red list. Gardiner notes that the UK is an essential part of SA's tourism market. "We would generate 2.6 million tourists internationally annually. A massive chunk - almost 450 000 - are British."

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Two sisters, originally from Sasolburg, have started a company that is manufacturing eco-bricks made from recycled plastic. They are Kekeletso and Kedibone Tsiloane. Their company, Ramtsilo Bricks, is a 100% black female-owned business that has just managed to clinch a deal with building material retailer Builders Warehouse. Kedibone told Linda van Tilburg about their path to develop the product and how they overcame some of the stereotypes associated with the building industry.

Two sisters, originally from Sasolburg, have started a company that is manufacturing eco-bricks made from recycled plastic. They are Kekeletso and Kedibone Tsiloane. Their company, Ramtsilo Bricks, is a 100% black female-owned business that has just managed to clinch a deal with building material retailer Builders Warehouse. Kedibone told Linda van Tilburg about their path to develop the product and how they overcame some of the stereotypes associated with the building industry.

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Sibanye-Stillwater made an announcement today that it had successfully concluded the on-market repurchase of its ordinary shares up to, but not exceeding, 5% of its ordinary shares in issue (“Repurchase Programme”). Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour to provide investment insights into Sibanye’s share buyback programme, as well as other topical news, including Kumba’s appointment of a female CEO. As always, Nathan’s insights are meticulous and merited.