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PSG chief executive Piet Mouton has gone out on a limb, putting pen to paper on one of the more controversial issues of 2021, vaccinations. Mouton's message is simple - vaccinations are the only solution to getting the economy up and running again. He outlines that those not willing to get vaccinated are creating a burden for the rest of society. Although data can be manipulated to suit many different narratives, the overwhelming evidence is that vaccines are effective against preventing serious illness and death. There have been a few rare cases of the vaccines creating serious illness and death but Mouton argues that we can't live in fear of the isolated, low percentage scenarios. One million jobs have already been lost in South Africa as a result of this pandemic. How many more are we willing to lose?

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In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan on markets movements; Matthew Kruger unpacking the constitutionality of mandatory vaccines; PSG's Piet Mouton on his open letter on those who shun vaccinations and the BizNews Team.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan on markets movements; Matthew Kruger unpacking the constitutionality of mandatory vaccines; PSG's Piet Mouton on his open letter on those who shun vaccinations and the BizNews Team.

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News headlines:

*Businesses and insurers are appealing to the government to work faster in paying out for damages sustained during the July riots, saying that many are desperate for cash to get their operations back up and running.

*The head of South Africa’s state power utility needs to substantially reduce its R402bn of debt to realise his vision of transforming the coal-addicted behemoth into a leading green-energy producer and create as many as 300,000 jobs in the process.

*The ANC says that the elections should be run fair and square and that parties shouldn’t benefit just because they could ‘muscle out’ their opponents.

News headlines:

*Businesses and insurers are appealing to the government to work faster in paying out for damages sustained during the July riots, saying that many are desperate for cash to get their operations back up and running.

*The head of South Africa’s state power utility needs to substantially reduce its R402bn of debt to realise his vision of transforming the coal-addicted behemoth into a leading green-energy producer and create as many as 300,000 jobs in the process.

*The ANC says that the elections should be run fair and square and that parties shouldn’t benefit just because they could ‘muscle out’ their opponents.

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Matthew Kruger is a Research Fellow at the Helen Suzman Foundation. Kruger recently wrote a though-provoking piece about mandatory vaccines - a topic sparking debate across the globe. His piece, as he describes it, is concerned with what strikes him "as the framework through which we're considering this question - which I find extremely worrying for a number of respects." The Research Fellow notes that he has no issue with vaccines, but rather the constitutionality of mandatory vaccines.

Matthew Kruger is a Research Fellow at the Helen Suzman Foundation. Kruger recently wrote a though-provoking piece about mandatory vaccines - a topic sparking debate across the globe. His piece, as he describes it, is concerned with what strikes him "as the framework through which we're considering this question - which I find extremely worrying for a number of respects." The Research Fellow notes that he has no issue with vaccines, but rather the constitutionality of mandatory vaccines.

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Steven Nathan is Tuesday's BizNews Power Hour co-host, with the 10X founder sharing his rational opinion on a number of controversial issues making the headlines in South Africa today. First, Piet Mouton's open letter is discussed at length, with the PSG chief executive outlining that the burden of lockdowns should only be faced by the unvaccinated. Nathan sided with Mouton, stating that all the data is pointing towards vaccines being effective in protecting against illness and death, which is its primary role. The Steinhoff settlement saga is also discussed, with the embroiled retailer having sold R7.3bn worth of Pepkor shares in an accelerated bookbuild to qualified investors over the last 24 hours.

Steven Nathan is Tuesday's BizNews Power Hour co-host, with the 10X founder sharing his rational opinion on a number of controversial issues making the headlines in South Africa today. First, Piet Mouton's open letter is discussed at length, with the PSG chief executive outlining that the burden of lockdowns should only be faced by the unvaccinated. Nathan sided with Mouton, stating that all the data is pointing towards vaccines being effective in protecting against illness and death, which is its primary role. The Steinhoff settlement saga is also discussed, with the embroiled retailer having sold R7.3bn worth of Pepkor shares in an accelerated bookbuild to qualified investors over the last 24 hours.

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SA's tobacco industry is going to be in the global headlines over the next few weeks, says BizNews founder Alec Hogg. Joining him to discuss the developments in this sector is Johan van Loggerenberg, an expert in the field. The former SARS employee has written four books on the tobacco wars and related topics. Also part of the discussion is Victoria Hollingsworth, a journalist at the UK-based Bureau for Investigative Journalist. Hollingsworth was tasked with investigating corruption within British American Tobacco. With the help of van Loggerenberg, Hollingsworth was able to uncover what the company has been doing in South Africa - and how much the head office in the UK knew about this.