BizNews Radio

As is customary for a Monday, David Shapiro talks all things civil unrest and its effects on the JSE, which has held up relatively well during these trying times in South Africa. Shapiro notes that what's happening around us and what's happening in the markets are two different animals altogether.

Tekkie Town's Bernard Mostert discusses the Steinhoff settlement saga with BizNews founder Alec Hogg and veteran analyst David Shapiro. Mostert and his partner Braam Van Huyssteen are fighting tooth and nail to recover their business which was exchanged for Steinhoff shares in 2016. The business was valued at over R3bn at the time of acquisition by Steinhoff.

Tekkie Town's Bernard Mostert discusses the Steinhoff settlement saga with BizNews founder Alec Hogg and veteran analyst David Shapiro. Mostert and his partner Braam Van Huyssteen are fighting tooth and nail to recover their business which was exchanged for Steinhoff shares in 2016. The business was valued at over R3bn at the time of acquisition by Steinhoff.

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In hierdie potgooi het ek met Schalk Louw van PSG Old Oak gesels oor edelmetale. Om die waarde van edelmetale in ons portefeuljes te verduidelik deel hy 'n baie interessante storie uit die ekonomiese geskiedenis.

In hierdie potgooi het ek met Schalk Louw van PSG Old Oak gesels oor edelmetale. Om die waarde van edelmetale in ons portefeuljes te verduidelik deel hy 'n baie interessante storie uit die ekonomiese geskiedenis.

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Counterpoint's Piet Viljoen, who BizNews founder Alec Hogg often refers to as ‘the most rational person he knows’, joined the BizNews Power Hour today - with his first comment being that it is super hard to to stay rational in times like these. Viljoen believes that the civil unrest that has been raging in parts of South Africa over the last few days may be a watershed for this country and that ‘things could either change for the positive or for the negative, but things will have to change.’ Viljoen says that the thing that struck him most was the complete absence of government, and that it is this continuation of this incapable government that has led to the massive inequality. The crux of the issue, Viljoen states, is that the disempowered portion of the population has just become bigger as a result of lockdowns and other associated measures to fight the pandemic. Viljoen also provides an alternative perspective on communities pulling together to fend for themselves. While he admits that it is a positive thing for communities, he notes that it will lead to large parts of the infrastructure falling away if it starts to replace the state.

Counterpoint's Piet Viljoen, who BizNews founder Alec Hogg often refers to as ‘the most rational person he knows’, joined the BizNews Power Hour today - with his first comment being that it is super hard to to stay rational in times like these. Viljoen believes that the civil unrest that has been raging in parts of South Africa over the last few days may be a watershed for this country and that ‘things could either change for the positive or for the negative, but things will have to change.’ Viljoen says that the thing that struck him most was the complete absence of government, and that it is this continuation of this incapable government that has led to the massive inequality. The crux of the issue, Viljoen states, is that the disempowered portion of the population has just become bigger as a result of lockdowns and other associated measures to fight the pandemic. Viljoen also provides an alternative perspective on communities pulling together to fend for themselves. While he admits that it is a positive thing for communities, he notes that it will lead to large parts of the infrastructure falling away if it starts to replace the state.

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In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen; founder of Gift Of The Givers Dr Imtiaz Sooliman on SA's looting locusts; OUTA CEO Wayne Duvenage on SA communities uniting; Action SA leader Herman Mashaba unpacks his reasons for suing the government; township mall owner Jason McCormick on the grave details of violent looters and the BizNews Power Hour Team.

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In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen; founder of Gift Of The Givers Dr Imtiaz Sooliman on SA's looting locusts; OUTA CEO Wayne Duvenage on SA communities uniting; Action SA leader Herman Mashaba unpacks his reasons for suing the government; township mall owner Jason McCormick on the grave details of violent looters and the BizNews Power Hour Team.

ActionSA has announced that it will be seeking a lawsuit against the ANC, President Cyril Ramaphosa and the Police Minister, following looting and violent rioting that has gripped KZN and Gauteng over the past week. Party founder Herman Mashaba said that Ramaphosa, Cele and other government ministers have a legal duty to maintain law and order in South Africa. “In so doing, they ensure the protection of our constitutional order and the rights of every South African.” Mashaba also said that the country now finds itself in this state because government failed to act swiftly, “wilfully failing” to coordinate law enforcement at an early stage. The party founder has invited South Africans who have been impacted by the looting and civil unrest to join the lawsuit against “the ineffectual and incompetent Ramaphosa and his government.” Mashaba speaks to BizNews about the class action lawsuit that ActionSA plans on pursuing.

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