BizNews Radio

Andrew Amoils, an analyst at New World Wealth, specialises in keeping a close eye on how the world's wealthiest people spend their money. He joined the BizNews Power Hour to discuss the report he's just compiled on the top 10 lifestyle estates in the world for 2021. No less than three South African properties have made the list, including Val de Vie, Steyn City, and Fancourt.

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Herman Mashaba, the former Johannesburg mayor, joined the BizNews Power Hour to discuss some of his plans for the coming elections. Mashaba is the leader of Action SA, a political party he launched in 2020.

Herman Mashaba, the former Johannesburg mayor, joined the BizNews Power Hour to discuss some of his plans for the coming elections. Mashaba is the leader of Action SA, a political party he launched in 2020.

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Listed insurance company Sanlam recently bought Alexander Forbes’ life business (with an insurance premium income of R1bn) for R100m. Sanlam CEO Paul Hanratty joined the BizNews Power Hour to shed some light on the deal, on having close ties with African Rainbow Capital, and the recent string of resignations of Sanlam's top dogs.

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Listed insurance company Sanlam recently bought Alexander Forbes’ life business (with an insurance premium income of R1bn) for R100m. Sanlam CEO Paul Hanratty joined the BizNews Power Hour to shed some light on the deal, on having close ties with African Rainbow Capital, and the recent string of resignations of Sanlam's top dogs.

A number of South Africa’s top asset managers recently teamed together against the complex shareholding structure and lack of management alignment in South Africa’s two largest businesses – Naspers and Prosus. The Naspers executive team, led by chief executive Bob van Dijk, has been under scrutiny by market participants for a number of years. The discount in its share price to its investment in Chinese tech titan Tencent has widened following a number of unsuccessful corporate actions. Star asset manager Delphine Govender joined the BizNews Power Hour to give her view of the situation as a steward of shareholder funds.

A number of South Africa’s top asset managers recently teamed together against the complex shareholding structure and lack of management alignment in South Africa’s two largest businesses – Naspers and Prosus. The Naspers executive team, led by chief executive Bob van Dijk, has been under scrutiny by market participants for a number of years. The discount in its share price to its investment in Chinese tech titan Tencent has widened following a number of unsuccessful corporate actions. Star asset manager Delphine Govender joined the BizNews Power Hour to give her view of the situation as a steward of shareholder funds.

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In this episode of the BizNews Power Hour, Jackie Cameron is joined by co-host Steven Nathan; Perpetua's Delphine Govender on the war between Naspers and its shareholders; former finance minister Trevor Manuel on a decade lost of SA economy and the BizNews Power Hour Team.

In this episode of the BizNews Power Hour, Jackie Cameron is joined by co-host Steven Nathan; Perpetua's Delphine Govender on the war between Naspers and its shareholders; former finance minister Trevor Manuel on a decade lost of SA economy and the BizNews Power Hour Team.

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In today's headlines:

*Tencent investor Prosus NV has agreed to buy a majority stake in European online employee-training platform GoodHabitz for 212 million euros ($257 million), extending the e-commerce giant’s push into education, reports Bloomberg.

*Eskom CEO Andre de Ruyter has been facing death threats and unfounded allegations after starting a clean-up operation at the power utility.

*Mauritius, which has been closed to international visitors throughout the pandemic, will reopen its borders to vaccinated tourists on 15 July. South Africans, however, are excluded from this reopening and will still be banned from entering Mauritius even if they have been fully vaccinated against Covid-19.

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