BizNews Radio

Steven Nathan, founder of 10X Investments, joined the BizNEws Power Hour today where a discussion ensued with BizNews founder Alec Hogg on consequences finally being seen in South Africa - the ‘Republic of no consequences.’ Former President Jacob Zum’s sentencing to 15 months in prison earlier today was something that many of us had resigned ourselves to believing would never happen. While it is only for his contempt of court - a mere tip of the iceberg which makes up his mountainous volume of transgressions - Nathan hopes that this will facilitate further investigations. With corrupt individuals being held to account in the private sector as well - perhaps this is the beginning of a turning tide in South Africa

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan; Perpetua's Delphine Govender on larger firms now questioning the Naspers/Prosus share swap; Western Cape minister David Maynier on fixing SA ports; Karam Singh on Jacob Zuma's sentencing; EOH CEO Stephen van Coller on corruption fight back and the BizNews Power Hour Team.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Steven Nathan; Perpetua's Delphine Govender on larger firms now questioning the Naspers/Prosus share swap; Western Cape minister David Maynier on fixing SA ports; Karam Singh on Jacob Zuma's sentencing; EOH CEO Stephen van Coller on corruption fight back and the BizNews Power Hour Team.

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More than 10 years ago, many felt that former president Jacob Zuma should go to prison. Well, he might be going - or at least, that's the court's findings. Helping us unpack the legal side of this ruling is Karam Singh, Head of Legal and Investigations at Corruption Watch. Singh gives his thoughts on the ruling.

More than 10 years ago, many felt that former president Jacob Zuma should go to prison. Well, he might be going - or at least, that's the court's findings. Helping us unpack the legal side of this ruling is Karam Singh, Head of Legal and Investigations at Corruption Watch. Singh gives his thoughts on the ruling.

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Plastic waste is everywhere. Even at the bottom of the Mariana Trench - the deepest oceanic trench -  the dreaded waste has been found. It is choking our cities, rivers and beaches - even being dubbed the white flower of South Africa. But there's a company turning useless plastic waste into something useful. The Centre for Regenerative Design (CDRC) turns plastic waste into a granular product called CDRC - which can be used as a building material. BizNews spoke to Deon Robbertze, the Business Development Director of CDRC, who said they saw an opportunity in the piles of waste.

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Plastic waste is everywhere. Even at the bottom of the Mariana Trench - the deepest oceanic trench -  the dreaded waste has been found. It is choking our cities, rivers and beaches - even being dubbed the white flower of South Africa. But there's a company turning useless plastic waste into something useful. The Centre for Regenerative Design (CDRC) turns plastic waste into a granular product called CDRC - which can be used as a building material. BizNews spoke to Deon Robbertze, the Business Development Director of CDRC, who said they saw an opportunity in the piles of waste.

Former South African president Jacob Zuma has been sentenced to 15 months in jail for contempt of court.

* The severity of the third wave of coronavirus infections in Johannesburg and the rest of South Africa’s commercial hub of Gauteng may be due to a comparatively low rate of previous infections, according to a blood survey.

* South Africa’s foreign direct investment (FDI) inflows narrowed to R6.1bn ($426m) in the first quarter of this year from R16bn in the fourth quarter of 2020, says Reuters.

* EOH Holdings is suing its co-founder and former CEO, Asher Bohbot, and its former chief financial officer, John King, for R1.7bn in damages each, reports TechCentral.

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Former South African president Jacob Zuma has been sentenced to 15 months in jail for contempt of court.

* The severity of the third wave of coronavirus infections in Johannesburg and the rest of South Africa’s commercial hub of Gauteng may be due to a comparatively low rate of previous infections, according to a blood survey.

* South Africa’s foreign direct investment (FDI) inflows narrowed to R6.1bn ($426m) in the first quarter of this year from R16bn in the fourth quarter of 2020, says Reuters.

* EOH Holdings is suing its co-founder and former CEO, Asher Bohbot, and its former chief financial officer, John King, for R1.7bn in damages each, reports TechCentral.

Currency strategist and director at TreasuryONE, Andre Cilliers dissects exactly what is happening in the foreign exchange markets with specific focus on the ever volatile rand. The rand has benefitted from an extended commodity bull run which has seem to have run its race with commodity prices having moved steadily lower over the prior weeks. This saw a sharp pullback in the rand against all the major currencies, however, the rand has still managed to outperform everyone's wildest expectations during the Covid era. Andre says the rand is in a good place and assures one that there is not too much to be concerned about.