BizNews Radio

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan talking Chinese tech stocks; Hameed Hakimi, an Afghan national and Research Associate at Ruhr-University Bochum Germany on the Taliban’s victory in Afghanistan; Gerhard Papenfus takes on Arcelor Mittal SA; Standard Banks' PowerPulse and the BizNews Power Hour team.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan talking Chinese tech stocks; Hameed Hakimi, an Afghan national and Research Associate at Ruhr-University Bochum Germany on the Taliban’s victory in Afghanistan; Gerhard Papenfus takes on Arcelor Mittal SA; Standard Banks' PowerPulse and the BizNews Power Hour team.

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News headlines:

*South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by Bloomberg.

*The Director of Public Prosecutions (DPP) in Gauteng will prosecute former social development minister Bathabile Dlamini in connection with the social grants payments fiasco in 2017.

*Cilo Cybin Pharmaceutical is considering an initial public offering (IPO) in the next 12 months after becoming the first SA company to win the right to grow, process and package cannabis products.

News headlines:

*South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by Bloomberg.

*The Director of Public Prosecutions (DPP) in Gauteng will prosecute former social development minister Bathabile Dlamini in connection with the social grants payments fiasco in 2017.

*Cilo Cybin Pharmaceutical is considering an initial public offering (IPO) in the next 12 months after becoming the first SA company to win the right to grow, process and package cannabis products.

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ArcelorMittal South Africa announced recently that the second half of 2021 may be even better than the profit record of nearly R2.5 billion that the company achieved in the first half of the year. NEASA chief executive Gerhard Papenfus joined the BizNews Power Hour to discuss why he says that “government’s continued protection of AMSA is just another ideological blunder.”

ArcelorMittal South Africa announced recently that the second half of 2021 may be even better than the profit record of nearly R2.5 billion that the company achieved in the first half of the year. NEASA chief executive Gerhard Papenfus joined the BizNews Power Hour to discuss why he says that “government’s continued protection of AMSA is just another ideological blunder.”

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The Chinese regulators' crackdown on Big Tech - which has been intensifying since November 2020 - as well as the drastic measures taken by the country to move back towards a communist state has serious implications for the rest of the world, South Africa included. BizNews contributor Charl Botha spoke to Paul Whitburn, a Director and Portfolio Manager at Rozendal Partners, to get his perspective on the ways in which these developments in China - which is currently the world’s second largest economy - will affect the South African economy. Whitburn provided interesting insights, particularly with reference to the parallels that can be drawn between patterns in US history in comparison with China’s current communist moves.

The Chinese regulators' crackdown on Big Tech - which has been intensifying since November 2020 - as well as the drastic measures taken by the country to move back towards a communist state has serious implications for the rest of the world, South Africa included. BizNews contributor Charl Botha spoke to Paul Whitburn, a Director and Portfolio Manager at Rozendal Partners, to get his perspective on the ways in which these developments in China - which is currently the world’s second largest economy - will affect the South African economy. Whitburn provided interesting insights, particularly with reference to the parallels that can be drawn between patterns in US history in comparison with China’s current communist moves.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The Taliban’s victory in Afghanistan, soon after the withdrawal of the US and NATO forces, could bolster other Islamist terror groups like ISIS in Mozambique. This is according to Hameed Hakimi, an Afghan national and Research Associate at Ruhr-University Bochum, Germany. Hakimi says he has family in Kabul who have not been able to leave their home since the Taliban took over. Afghans with any ties to the US are being shot and women's movements are completely restricted. Hakimi calls on Western powers to impose sanctions on the Taliban government before it's too late.

The Taliban’s victory in Afghanistan, soon after the withdrawal of the US and NATO forces, could bolster other Islamist terror groups like ISIS in Mozambique. This is according to Hameed Hakimi, an Afghan national and Research Associate at Ruhr-University Bochum, Germany. Hakimi says he has family in Kabul who have not been able to leave their home since the Taliban took over. Afghans with any ties to the US are being shot and women's movements are completely restricted. Hakimi calls on Western powers to impose sanctions on the Taliban government before it's too late.

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