BizNews Radio

After being postponed last year, the Tokyo Olympic Games is going ahead in July, under the cloud of the Covid-19 pandemic. Locals in Japan are wary and athletes are anxious - but for the rest of us, this the event we need to lift our spirits after a dreadful year. One team that will be followed with bated breath is the 4 x 100 metre relay team. SA sprinters Gift Leotela, Thando Dlodlo, Clarence Munyai and Akani Simbine - all from the Tuks Athletics Club - managed to clinch a gold medal at the World Athletics Relay Championship in May. BizNews caught up with team coach Paul Gorries, to find out how they are preparing and ask him what he thinks the team's chances are.  He also reveals what one of our biggest hopes for medals in the Olympics, superstar Wayde van Niekerk, has been up to.

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After being postponed last year, the Tokyo Olympic Games is going ahead in July, under the cloud of the Covid-19 pandemic. Locals in Japan are wary and athletes are anxious - but for the rest of us, this the event we need to lift our spirits after a dreadful year. One team that will be followed with bated breath is the 4 x 100 metre relay team. SA sprinters Gift Leotela, Thando Dlodlo, Clarence Munyai and Akani Simbine - all from the Tuks Athletics Club - managed to clinch a gold medal at the World Athletics Relay Championship in May. BizNews caught up with team coach Paul Gorries, to find out how they are preparing and ask him what he thinks the team's chances are.  He also reveals what one of our biggest hopes for medals in the Olympics, superstar Wayde van Niekerk, has been up to.

A number of South Africa’s top asset managers have 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. In the email below, addressed to Koos Bekker and Hendrik Du Toit (Naspers non-executive director and chief executive of NinetyOne), the investors outline their concerns, many of which they say have only got worse since Van Dijk’s appointment. Unsurprisingly, South Africa’s three largest asset managers – Allan Gray, Coronation and NinetyOne were not part of the collective engagement. Shareholder activism is alive and well. Alec Hogg chatted to four of the investors: Anthony Sedgwick - Director at Abax Investments, Shane Watkins - CIO of All Weather Capital, Asief Mohammed - CIO Aeon Investment Managers and Delphine Govender - CEO of Perpetua Investment Managers.

A number of South Africa’s top asset managers have 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. In the email below, addressed to Koos Bekker and Hendrik Du Toit (Naspers non-executive director and chief executive of NinetyOne), the investors outline their concerns, many of which they say have only got worse since Van Dijk’s appointment. Unsurprisingly, South Africa’s three largest asset managers – Allan Gray, Coronation and NinetyOne were not part of the collective engagement. Shareholder activism is alive and well. Alec Hogg chatted to four of the investors: Anthony Sedgwick - Director at Abax Investments, Shane Watkins - CIO of All Weather Capital, Asief Mohammed - CIO Aeon Investment Managers and Delphine Govender - CEO of Perpetua Investment Managers.

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Chief executive of Sibanye-Stillwater and renowned deal-maker Neal Froneman was the flagship speaker on the BizNews Power Hour, as the veteran mining executive struggled to contain his excitement regarding the easing of regulations on independent power producers. With many international institutions and foreign investors labelling Eskom as the single biggest threat to South Africa's financial wellbeing, the news is welcomed with open arms. Given the dependence of electricity generation for consumer and business confidence, the president's decision is some much needed good news to corporate South Africa.

Chief executive of Sibanye-Stillwater and renowned deal-maker Neal Froneman was the flagship speaker on the BizNews Power Hour, as the veteran mining executive struggled to contain his excitement regarding the easing of regulations on independent power producers. With many international institutions and foreign investors labelling Eskom as the single biggest threat to South Africa's financial wellbeing, the news is welcomed with open arms. Given the dependence of electricity generation for consumer and business confidence, the president's decision is some much needed good news to corporate South Africa.

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In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen, Neal Froneman on Ramaphosa giving private power plants a go ahead, the chief executive of Discovery Health, Ryann Noach 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, Neal Froneman on Ramaphosa giving private power plants a go ahead, the chief executive of Discovery Health, Ryann Noach and the BizNews Power Hour team.

Counterpoint value fund manager Piet Viljoen joined BizNews founder for a discussion on the markets. His insight, once again, proved invaluable as he drew from both his rational perspective and wealth of knowledge. Of particular interest in the discussion were Foschini’s financial results, released today - and Sasol’s announcement on its hedging strategy. When it comes to hedging, Viljoen believes that one should ‘rather not do it or do it all of the time and just take the guesswork out of it.’  

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Counterpoint value fund manager Piet Viljoen joined BizNews founder for a discussion on the markets. His insight, once again, proved invaluable as he drew from both his rational perspective and wealth of knowledge. Of particular interest in the discussion were Foschini’s financial results, released today - and Sasol’s announcement on its hedging strategy. When it comes to hedging, Viljoen believes that one should ‘rather not do it or do it all of the time and just take the guesswork out of it.’