BizNews Radio

South Africa's favourite market commentator David Shapiro joins the BizNews team hours after his return to South Africa after a month-long trip to the US. David shares his experiences of the US, having visited the cities of Boston and New York. On a more investment focused front, David delves into the goldilocks era of the technology, at a time where brick and mortar businesses have simply fallen by the wayside. Other talking points are JSE heavyweights Naspers and Prosus as well as its big brother Tencent and Cashbuild, who announced sublime financials on the local bourse today.

South Africa's favourite market commentator David Shapiro joins the BizNews team hours after his return to South Africa after a month-long trip to the US. David shares his experiences of the US, having visited the cities of Boston and New York. On a more investment focused front, David delves into the goldilocks era of the technology, at a time where brick and mortar businesses have simply fallen by the wayside. Other talking points are JSE heavyweights Naspers and Prosus as well as its big brother Tencent and Cashbuild, who announced sublime financials on the local bourse today.

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In this episode of the BizNews Power Hour, David Shapiro joins as our Wednesday co-host, discussing Naspers, Prosus Tencent and other tech-centric related businesses all over the world. Chris Bateman chats to Henru Kruger about the Certificate of Need - and whether this will lead to the expropriation of private medical practices. Anthony Clarke shares his insights on Advtech and Stadio. Also, listen in on an interview with Linda van Tilburg and a young engineering student who started his own business, growing hops on a Joburg rooftop and the BizNews team.

In this episode of the BizNews Power Hour, David Shapiro joins as our Wednesday co-host, discussing Naspers, Prosus Tencent and other tech-centric related businesses all over the world. Chris Bateman chats to Henru Kruger about the Certificate of Need - and whether this will lead to the expropriation of private medical practices. Anthony Clarke shares his insights on Advtech and Stadio. Also, listen in on an interview with Linda van Tilburg and a young engineering student who started his own business, growing hops on a Joburg rooftop and the BizNews team.

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Small and mid-cap JSE analyst Anthony Clark joins the BizNews team on a day when two private education providers, Advtech and Stadio, released upbeat financials. Advtech and Stadio both operate predominately in the tertiary education space which has seen a boost in profitability as the shift to a more blended, online form of learning has been accelerated due to the onset of the coronavirus pandemic. This has improved margins to the burdensome nature of a brick and mortar type business in the modern world. Although Clark is a big fan of Advtech, his preferred pick in the education sector is Stadio.

Small and mid-cap JSE analyst Anthony Clark joins the BizNews team on a day when two private education providers, Advtech and Stadio, released upbeat financials. Advtech and Stadio both operate predominately in the tertiary education space which has seen a boost in profitability as the shift to a more blended, online form of learning has been accelerated due to the onset of the coronavirus pandemic. This has improved margins to the burdensome nature of a brick and mortar type business in the modern world. Although Clark is a big fan of Advtech, his preferred pick in the education sector is Stadio.

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As is customary for a Tuesday, 10X Investments founder Steven Nathan talks all things company related on a busy day for JSE-listed counters. Heavyweights Naspers and Prosus announced the acquisition of Indian payments Gateway firm BillDesk for R70bn. To put the acquisition into perspective, a company of that size would waltz into the JSE Top40. Bob Van Dijk and the rest of his management team have been on a spending spree, although due to the sheer size of Tencent, the investments seem to get lost within the stable. Other talking points include results from a variety of JSE companies, namely - Harmony Gold, ADvTECH and Old Mutual.

As is customary for a Tuesday, 10X Investments founder Steven Nathan talks all things company related on a busy day for JSE-listed counters. Heavyweights Naspers and Prosus announced the acquisition of Indian payments Gateway firm BillDesk for R70bn. To put the acquisition into perspective, a company of that size would waltz into the JSE Top40. Bob Van Dijk and the rest of his management team have been on a spending spree, although due to the sheer size of Tencent, the investments seem to get lost within the stable. Other talking points include results from a variety of JSE companies, namely - Harmony Gold, ADvTECH and Old Mutual.

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The social unrest in South Africa in July caused extensive damage to 161 malls and shopping centres, as well as 11 warehouses, eight factories, and 161 liquor outlets and distributors. Clothing retailer Mr Price Group Ltd. saw 109 stores entirely cleaned out and hundreds more closed. As Bloomberg reported, while some claims would be assessed by Old Mutual Group and Santam, the bulk of the burden fell to state-owned Sasria Insurance. "We are well capitalised and have adequate reinsurance in place that gives us the comfort that we can facilitate these claims," Sasria’s executive manager for insurance operations, Fareedah Benjamin, said in an interview. Sasria also claimed that it had centralised all applications so "its most experienced handlers are able to process them quickly". However, Stuart Pringle, risk transfer consultant at Royal Union, is concerned that, due to the sheer number of business claims, Sasria won't be able to pay out in time. "Nobody's saying Sasria doesn't know how to do its job. Nobody's saying that they're not trying and they're not really looking at the situation. But the capacity and the numbers don't add up so let's get together and sort it out as an industry. The big insurance companies are there to help," he says. He joined BizNews to spread more light on the issue.

The social unrest in South Africa in July caused extensive damage to 161 malls and shopping centres, as well as 11 warehouses, eight factories, and 161 liquor outlets and distributors. Clothing retailer Mr Price Group Ltd. saw 109 stores entirely cleaned out and hundreds more closed. As Bloomberg reported, while some claims would be assessed by Old Mutual Group and Santam, the bulk of the burden fell to state-owned Sasria Insurance. "We are well capitalised and have adequate reinsurance in place that gives us the comfort that we can facilitate these claims," Sasria’s executive manager for insurance operations, Fareedah Benjamin, said in an interview. Sasria also claimed that it had centralised all applications so "its most experienced handlers are able to process them quickly". However, Stuart Pringle, risk transfer consultant at Royal Union, is concerned that, due to the sheer number of business claims, Sasria won't be able to pay out in time. "Nobody's saying Sasria doesn't know how to do its job. Nobody's saying that they're not trying and they're not really looking at the situation. But the capacity and the numbers don't add up so let's get together and sort it out as an industry. The big insurance companies are there to help," he says. He joined BizNews to spread more light on the issue.

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