BizNews Radio

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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In July, violent riots and looting sprees ripped through South Africa - devastating KwaZulu-Natal and parts of Gauteng and further dismantling our already enfeebled economy. Our country’s week of shame came at a colossal cost of R50bn in lost output, together with the destruction of over 3,000 shops and the theft of almost R120,000 in cash from ATMs.

A number of malls in KZN, owned and managed by Exemplar REITail, were completely ravaged. Jason McCormick, the Chief Executive of Exemplar, did an hour-long presentation at the BizNews Investment Conference earlier this month titled ‘72 hours of Anarchy’. His presentation provided a riveting inside look into the sequence of events which all but desecrated several of Exemplar’s properties. Following his presentation, McCormick sat down with BizNews founder Alec Hogg to further discuss his personal experience and answer questions posed by delegates at BNIC#2 (audio below). Throughout his entire presentation and subsequent Q&A, McCormick demonstrated an exemplary degree of strength and vulnerability. Despite his tumultuous experience, McCormick stated; ‘My overarching feeling coming through all of this is that the good people outnumber the bad.’

In July, violent riots and looting sprees ripped through South Africa - devastating KwaZulu-Natal and parts of Gauteng and further dismantling our already enfeebled economy. Our country’s week of shame came at a colossal cost of R50bn in lost output, together with the destruction of over 3,000 shops and the theft of almost R120,000 in cash from ATMs.

A number of malls in KZN, owned and managed by Exemplar REITail, were completely ravaged. Jason McCormick, the Chief Executive of Exemplar, did an hour-long presentation at the BizNews Investment Conference earlier this month titled ‘72 hours of Anarchy’. His presentation provided a riveting inside look into the sequence of events which all but desecrated several of Exemplar’s properties. Following his presentation, McCormick sat down with BizNews founder Alec Hogg to further discuss his personal experience and answer questions posed by delegates at BNIC#2 (audio below). Throughout his entire presentation and subsequent Q&A, McCormick demonstrated an exemplary degree of strength and vulnerability. Despite his tumultuous experience, McCormick stated; ‘My overarching feeling coming through all of this is that the good people outnumber the bad.’

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In this episode of the PowerPulse podcast series, Kevin Ssemwogerere, Corporate Venturing Lead in Wholesale Clients Digital for the Standard Bank PowerPulse platform, joins Alec Hogg to provide more detail on how PowerPulse works. PowerPulse is a new digital platform introduced by Standard Bank that provides alternative energy solutions for large commercial clients by connecting them with appropriate power suppliers. Ssemwogerere delves into solar power as an advanced alternative energy solution and explains that while there is a great demand for and supply of power, the "necessary levers for the right participants in this industry to come together and exchange value have not been there". "The opportunity for us is to come in and be a facilitator of the exchange of value between the participants," he says. "So we've come up with a digital platform called PowerPulse, which brings together - through a matchmaking process - the entity that's looking for solar PV as an option for self-generation of electricity, but also the installer of solar. We sit in the middle of it as the facilitator that helps them to exchange value and ultimately, in a trusted environment, have solar installed, and everybody benefits through this exchange of value.

In this episode of the PowerPulse podcast series, Kevin Ssemwogerere, Corporate Venturing Lead in Wholesale Clients Digital for the Standard Bank PowerPulse platform, joins Alec Hogg to provide more detail on how PowerPulse works. PowerPulse is a new digital platform introduced by Standard Bank that provides alternative energy solutions for large commercial clients by connecting them with appropriate power suppliers. Ssemwogerere delves into solar power as an advanced alternative energy solution and explains that while there is a great demand for and supply of power, the "necessary levers for the right participants in this industry to come together and exchange value have not been there". "The opportunity for us is to come in and be a facilitator of the exchange of value between the participants," he says. "So we've come up with a digital platform called PowerPulse, which brings together - through a matchmaking process - the entity that's looking for solar PV as an option for self-generation of electricity, but also the installer of solar. We sit in the middle of it as the facilitator that helps them to exchange value and ultimately, in a trusted environment, have solar installed, and everybody benefits through this exchange of value.

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Very few people ascend to that point in life where their independence affords them unqualified freedom to speak their minds without fear of retribution or ramification. Billionaire Rob Hersov, by all accounts, is one such individual. After three decades abroad - during which he worked under the direct tutelage of media mogul Rupert Murdoch and luxury goods baron Johann Rupert - Hersov made the decision to move back to South Africa. While Hersov admits that this decision was ‘insane’, he maintains that those who leave South Africa, cut the link and then proceed to badmouth the country do so because ‘that's the only way they can justify leaving this incredible country, they miss it.’ Rob Hersov was one of the speakers at the second BizNews Investment Conference which was held in the Drakensberg earlier this month. In his presentation to the delegates, he outlined the reasons for his return to South Africa, painted a picture of the political landscape to which he returned, and explained why he believes that South Africa is ‘absolutely uninvestable’. With the degree of candor only available to very few, Hersov stated; ‘Black empowerment is theft. Expropriation without compensation is theft. Why would anyone invest in this country with those things hanging over our heads? I mean, it's uninvestable.’

Very few people ascend to that point in life where their independence affords them unqualified freedom to speak their minds without fear of retribution or ramification. Billionaire Rob Hersov, by all accounts, is one such individual. After three decades abroad - during which he worked under the direct tutelage of media mogul Rupert Murdoch and luxury goods baron Johann Rupert - Hersov made the decision to move back to South Africa. While Hersov admits that this decision was ‘insane’, he maintains that those who leave South Africa, cut the link and then proceed to badmouth the country do so because ‘that's the only way they can justify leaving this incredible country, they miss it.’ Rob Hersov was one of the speakers at the second BizNews Investment Conference which was held in the Drakensberg earlier this month. In his presentation to the delegates, he outlined the reasons for his return to South Africa, painted a picture of the political landscape to which he returned, and explained why he believes that South Africa is ‘absolutely uninvestable’. With the degree of candor only available to very few, Hersov stated; ‘Black empowerment is theft. Expropriation without compensation is theft. Why would anyone invest in this country with those things hanging over our heads? I mean, it's uninvestable.’

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In this episode of the BizNews Power Hour, Stuart Lowman is joined by an optimistic David Shapiro; excerpts from the BizNews spring investment conference as Martin Freeman talks about his business journey and Rob Hersov on SA's brain drain, and the BizNews Team.

In this episode of the BizNews Power Hour, Stuart Lowman is joined by an optimistic David Shapiro; excerpts from the BizNews spring investment conference as Martin Freeman talks about his business journey and Rob Hersov on SA's brain drain, and the BizNews Team.

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News headlines:

*South Africa’s Constitutional Court backed the electoral authority’s decision to allow political parties more time to register candidates for municipal elections.

*The ANC is riven by factionalism and “thugs and gangsters” have infiltrated the process for selecting electoral candidates, according to an internal report cited by the City Press newspaper.

*After failing to convince the Constitutional Court to rescind his 15-month prison sentence, Jacob Zuma is now heading to the African Court on Human and Peoples’ Rights in search of justice.