BizNews Radio

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host David Shapiro; TreasuryOne's Andre Cilliers talls investor confidence as protests spread across South Africa; we get an on the ground protest report from KZN business man Donovan Carter, who is is Mooi River; Connie Mulder of The Solidarity Fund tells us why some citizens don't want to take the vaccine and the BizNews Power Hour Team.

News headlines:

*Protests triggered by last week’s jailing of former South African President Jacob Zuma have claimed six lives, seen scores of businesses looted and weakened the currency, with the police struggling to contain escalating violence.

*The World Bank has sent a warning to South Africa, saying the country can bolster hiring by temporarily extending tax incentives, suspending rules that increase labour costs and introducing measures to support entrepreneurship and self-employment.

*Eskom has urged the public to reduce electricity usage as the South African Weather Service forecasts extremely cold weather this week.

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News headlines:

*Protests triggered by last week’s jailing of former South African President Jacob Zuma have claimed six lives, seen scores of businesses looted and weakened the currency, with the police struggling to contain escalating violence.

*The World Bank has sent a warning to South Africa, saying the country can bolster hiring by temporarily extending tax incentives, suspending rules that increase labour costs and introducing measures to support entrepreneurship and self-employment.

*Eskom has urged the public to reduce electricity usage as the South African Weather Service forecasts extremely cold weather this week.

A comprehensive report published by the Solidarity Research Institute found that vaccines are an effective and safe way to end the Covid-19 pandemic, however, the report also supports South Africans' freedom to decide for themselves. Strong criticism is levelled at the government’s central control of the vaccine programme and as Connie Mulder, head of Solidarity's Research Institute, told BizNews, "mistrust in the government has created a situation where mistrust in the vaccination can foster as well. Hopefully, we can get good information to people because people do not trust government information at the moment, and I can understand why. Get them good information so that they can make the best possible choice for themselves regarding their health situation and their risk management of Covid-19." Mulder joined BizNews to discuss the report and its findings.

A comprehensive report published by the Solidarity Research Institute found that vaccines are an effective and safe way to end the Covid-19 pandemic, however, the report also supports South Africans' freedom to decide for themselves. Strong criticism is levelled at the government’s central control of the vaccine programme and as Connie Mulder, head of Solidarity's Research Institute, told BizNews, "mistrust in the government has created a situation where mistrust in the vaccination can foster as well. Hopefully, we can get good information to people because people do not trust government information at the moment, and I can understand why. Get them good information so that they can make the best possible choice for themselves regarding their health situation and their risk management of Covid-19." Mulder joined BizNews to discuss the report and its findings.

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On a day when chaos reigns - with many South African’s wondering how they’re going to protect themselves - the ongoing debate on the proposed ban on firearms for self-defence is particularly important. Joining the BizNews Power Hour to discuss this is Gideon Joubert, a firearms activist who has spoken out against the proposed bill, and Nicholas Lorimer of the IRR. Lorimer recently wrote a piece (published on BizNews) about the reality of firearms ownership - and whether civilian ownership is a contributor to crime.

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On a day when chaos reigns - with many South African’s wondering how they’re going to protect themselves - the ongoing debate on the proposed ban on firearms for self-defence is particularly important. Joining the BizNews Power Hour to discuss this is Gideon Joubert, a firearms activist who has spoken out against the proposed bill, and Nicholas Lorimer of the IRR. Lorimer recently wrote a piece (published on BizNews) about the reality of firearms ownership - and whether civilian ownership is a contributor to crime.

South Africa's favourite market commentator and Monday's regular co-host David Shapiro talks about the chaos unravelling throughout parts of the country. No matter which way you slice it, the scenes are horrific and reminds David of the 70s. David unpacks the factors at play, including the high unemployment rate which has been aggravated as a result of the coronavirus pandemic. One can understand the anger and frustrating felt by many across the country, however, acts of violence and looting seen today cannot be tolerated. Surprisingly, the JSE All Share Index ended the day up more than 1%, mainly as a result of the rand-hedge heavyweights.

South Africa's favourite market commentator and Monday's regular co-host David Shapiro talks about the chaos unravelling throughout parts of the country. No matter which way you slice it, the scenes are horrific and reminds David of the 70s. David unpacks the factors at play, including the high unemployment rate which has been aggravated as a result of the coronavirus pandemic. One can understand the anger and frustrating felt by many across the country, however, acts of violence and looting seen today cannot be tolerated. Surprisingly, the JSE All Share Index ended the day up more than 1%, mainly as a result of the rand-hedge heavyweights.

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The widespread looting and plundering in KZN since Friday night is hitting global headlines. Among the worst hit areas is Mooi River, site of the busiest toll road on South Africa's arterial N3 highway between one of the continent's most active ports, Durban, and SA's commercial heartland of Gauteng. Donovan Carter, who has been operating businesses in Mooi River for three decades, has a front row view of the chaos which has erupted in the town. He shared what is happening with BizNews.com's Alec Hogg - a former resident.

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