BizNews Radio

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen talking vaccine producing company stocks; Advocate Paul Hoffman unpacks judge Hlophe's impeachment; Italtile CEO Jan Potgieter on the group's year-end results; Paul Whitburn, director and portfolio manager at Rozendal Partners, on China’s current communist moves and the BizNews Power Hour Team.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen talking vaccine producing company stocks; Advocate Paul Hoffman unpacks judge Hlophe's impeachment; Italtile CEO Jan Potgieter on the group's year-end results; Paul Whitburn, director and portfolio manager at Rozendal Partners, on China’s current communist moves and the BizNews Power Hour Team.

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News headlines:

*A substantial majority of the Judicial Service Commission (JSC) voted to uphold a gross misconduct finding against Western Cape judge president John Hlophe, paving the way for an impeachment process by parliament.

*State-owned airline company South African Airways (SAA) has announced it will resume flights on 23 September 2021.

*SA’s greenhouse gas emissions increased 10% in the 17 years since 2000, according to the latest Greenhouse Gas Inventory Report, which was published by the department of environment, forestry and fisheries this week.

News headlines:

*A substantial majority of the Judicial Service Commission (JSC) voted to uphold a gross misconduct finding against Western Cape judge president John Hlophe, paving the way for an impeachment process by parliament.

*State-owned airline company South African Airways (SAA) has announced it will resume flights on 23 September 2021.

*SA’s greenhouse gas emissions increased 10% in the 17 years since 2000, according to the latest Greenhouse Gas Inventory Report, which was published by the department of environment, forestry and fisheries this week.

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Italtile's outgoing chief executive Jan Potgieter joined the BizNews Power Hour on a day that the retailer announced record financial results. Italtile has been one of the best performing companies on the JSE for the better part of a decade with management's decision making and capital allocation at the centre of its success. The home improvement trend has been a tailwind for the industry but Jan remains confident that its disciplined investment in organic growth will continue to lead the business to new heights. Jan's tenure ends in December, another unfortunate case of 'brain drain' in South Africa, although he outlines his successor Lance Foxcroft is a more than able replacement to lead one of the darlings of the local bourse.

Italtile's outgoing chief executive Jan Potgieter joined the BizNews Power Hour on a day that the retailer announced record financial results. Italtile has been one of the best performing companies on the JSE for the better part of a decade with management's decision making and capital allocation at the centre of its success. The home improvement trend has been a tailwind for the industry but Jan remains confident that its disciplined investment in organic growth will continue to lead the business to new heights. Jan's tenure ends in December, another unfortunate case of 'brain drain' in South Africa, although he outlines his successor Lance Foxcroft is a more than able replacement to lead one of the darlings of the local bourse.

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GG Alcock joined the BizNews Power Hour, on the day after the unemployment data for South Africa were released. The figures showed horrific numbers, but Alcock provides some context on the numbers - and the way they’re put together. The author of “Kasinomics: African Informal Economies and the People Who Inhabit Them” weighs in on the world-leading unemployment figures, noting that “we have to define how we measure unemployment. One of the big problems with the numbers that we see is that it says unemployment, not formal unemployment.”

GG Alcock joined the BizNews Power Hour, on the day after the unemployment data for South Africa were released. The figures showed horrific numbers, but Alcock provides some context on the numbers - and the way they’re put together. The author of “Kasinomics: African Informal Economies and the People Who Inhabit Them” weighs in on the world-leading unemployment figures, noting that “we have to define how we measure unemployment. One of the big problems with the numbers that we see is that it says unemployment, not formal unemployment.”

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"A mandatory vaccine policy is absolutely critical," says Professor Keymanthri Moodley, a bioethicist and director of the Centre for Medical Ethics and Law at Stellenbosch University. Professor Moodley joined BizNews to explain exactly why she believes that a mandatory vaccine policy is necessary for 'high-risk environments'. She says that healthcare workers are exhausted and will soon develop compassion fatigue, a dangerous prospect for anyone who needs urgent medical attention. She also says it's the only way to ensure an increase in economic activity and prevent further lockdowns. "It's in the best interest of the government and the country to have a good mandatory policy in place and to ensure that people are healthy and safe and can return to employment and other activities as soon as possible," she says.

"A mandatory vaccine policy is absolutely critical," says Professor Keymanthri Moodley, a bioethicist and director of the Centre for Medical Ethics and Law at Stellenbosch University. Professor Moodley joined BizNews to explain exactly why she believes that a mandatory vaccine policy is necessary for 'high-risk environments'. She says that healthcare workers are exhausted and will soon develop compassion fatigue, a dangerous prospect for anyone who needs urgent medical attention. She also says it's the only way to ensure an increase in economic activity and prevent further lockdowns. "It's in the best interest of the government and the country to have a good mandatory policy in place and to ensure that people are healthy and safe and can return to employment and other activities as soon as possible," she says.

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