BizNews Radio

10x founder Steven Nathan joins the BizNews Power Hour to share his insights on the latest developments happening in global markets. China's second largest property developer, Evergrande, has been the major talking point in global markets due to potential knock-on effects of financial contagion given the real estate behemoth's $3oobn debt pile. The commodity sell-off is talked about at length, with Nathan outlining the difficulties in 'calling a bottom' when it comes to the resource counters given the inherent volatility in commodity prices. Gold as a safe-haven asset in times of turbulence, local banks and Telkom spinning-off its Swiftnet unit are all touched upon.

10x founder Steven Nathan joins the BizNews Power Hour to share his insights on the latest developments happening in global markets. China's second largest property developer, Evergrande, has been the major talking point in global markets due to potential knock-on effects of financial contagion given the real estate behemoth's $3oobn debt pile. The commodity sell-off is talked about at length, with Nathan outlining the difficulties in 'calling a bottom' when it comes to the resource counters given the inherent volatility in commodity prices. Gold as a safe-haven asset in times of turbulence, local banks and Telkom spinning-off its Swiftnet unit are all touched upon.

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In this episode of the BizNews Power Hour, Stuart Lowman is joined by Steven Nathan speaking on China; a throw back to the week of shame with Exemplar CEO Jason McCormick; Director of Distribution Junxion at Port of Gauteng Francois Nortje unpacks the flaws inherent in the freight transport section; Standard Bank's Kevin Ssemwogerere on their Power Pulse series and the BizNews Team.

In this episode of the BizNews Power Hour, Stuart Lowman is joined by Steven Nathan speaking on China; a throw back to the week of shame with Exemplar CEO Jason McCormick; Director of Distribution Junxion at Port of Gauteng Francois Nortje unpacks the flaws inherent in the freight transport section; Standard Bank's Kevin Ssemwogerere on their Power Pulse series and the BizNews Team.

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News headlines:

*A court case filed by a losing bidder in South Africa’s emergency power program threatens to delay the provision of the electricity by months as banks balk at providing funding because of the risk of an adverse judgment.

*The US will soon allow entry to most foreign air travelers as long as they’re fully vaccinated against Covid-19 - while adding a testing requirement for unvaccinated Americans and barring entry for foreigners who haven’t gotten shots.

*The number of white rhinos, the most common of the world’s five rhino species, may have fallen by about a quarter during the past decade mainly because of poaching, the International Rhino Foundation said.

News headlines:

*A court case filed by a losing bidder in South Africa’s emergency power program threatens to delay the provision of the electricity by months as banks balk at providing funding because of the risk of an adverse judgment.

*The US will soon allow entry to most foreign air travelers as long as they’re fully vaccinated against Covid-19 - while adding a testing requirement for unvaccinated Americans and barring entry for foreigners who haven’t gotten shots.

*The number of white rhinos, the most common of the world’s five rhino species, may have fallen by about a quarter during the past decade mainly because of poaching, the International Rhino Foundation said.

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Dr Caroline Lee, a Gauteng anaesthetist, joined healthcare journalist Chris Bateman of BizNews to discuss burnout and the mental health issues faced by healthcare workers in South Africa. Dr Lee is the co-founder of the Healthcare Workers Care Network, an eight-year-old burnout and mental distress support group for medical professionals. She says that there was a great need for an organisation like this even before Covid hit, but the pandemic has aggravated the situation immensely because workers are exhausted and constantly exposed to death. "When you're feeling more tired or it's just too much - sometimes you see two patients, three patients in the same ICU dying at the same time, or somebody that you've really made an effort for, or somebody [who's family you've met] and you don't want them to die, for example - those ones trigger an overflow and all of a sudden [you] just break down," she explains. As medical professionals are already mentally, emotionally, and physically exhausted, Dr Lee says they feel like giving up when they hear anti-vaccine arguments. "The healthcare workers that experience a lot of heartbreak, a lot of despair, were like, no, we need to give up now. We've been working so hard and this is what you give us. You know, after all we've done and after all the work with trying to save lives, what are you doing? Why are you causing more death, more suffering?" Her advice is to ask anti-vaxxers what they're afraid of.

Dr Caroline Lee, a Gauteng anaesthetist, joined healthcare journalist Chris Bateman of BizNews to discuss burnout and the mental health issues faced by healthcare workers in South Africa. Dr Lee is the co-founder of the Healthcare Workers Care Network, an eight-year-old burnout and mental distress support group for medical professionals. She says that there was a great need for an organisation like this even before Covid hit, but the pandemic has aggravated the situation immensely because workers are exhausted and constantly exposed to death. "When you're feeling more tired or it's just too much - sometimes you see two patients, three patients in the same ICU dying at the same time, or somebody that you've really made an effort for, or somebody [who's family you've met] and you don't want them to die, for example - those ones trigger an overflow and all of a sudden [you] just break down," she explains. As medical professionals are already mentally, emotionally, and physically exhausted, Dr Lee says they feel like giving up when they hear anti-vaccine arguments. "The healthcare workers that experience a lot of heartbreak, a lot of despair, were like, no, we need to give up now. We've been working so hard and this is what you give us. You know, after all we've done and after all the work with trying to save lives, what are you doing? Why are you causing more death, more suffering?" Her advice is to ask anti-vaxxers what they're afraid of.

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Director of Distribution Junxion at Port of Gauteng Francois Nortje joins the BizNews Power to unpack the flaws inherent in the freight transport section of the National Infrastructure Plan 2050 that was gazetted on the 10th of August. 'This plan is totally flawed, extremely arrogant, written to benefit Transnet only and removed from reality' says Nortje, who calls the backward looking plan nothing short of a disgrace.

Director of Distribution Junxion at Port of Gauteng Francois Nortje joins the BizNews Power to unpack the flaws inherent in the freight transport section of the National Infrastructure Plan 2050 that was gazetted on the 10th of August. 'This plan is totally flawed, extremely arrogant, written to benefit Transnet only and removed from reality' says Nortje, who calls the backward looking plan nothing short of a disgrace.

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