BizNews Radio

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Magnus Heystek, Purple Group major shareholder Mark Barnes, David Bacher chief investment officer of Corion Capital and Ted Black, as he discusses the value destruction in PPC and the poor capital allocation decisions of the Naspers management.

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In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Magnus Heystek, Purple Group major shareholder Mark Barnes, David Bacher chief investment officer of Corion Capital and Ted Black, as he discusses the value destruction in PPC and the poor capital allocation decisions of the Naspers management.

* The South African National Roads Agency, Sanral, has spent an estimated R5.3 billion on trying to recover e-tolls from motorists who are unwilling and unlikely to pay, reports MyBroadband.co.za.

* Cash-strapped power utility Eskom declared a dispute with three unions on Wednesday after wage talks reached an impasse.

* Gold Fields’ plans to build a solar power plant at its South Deep gold mine southwest of Johannesburg will reduce exposure to national utility Eskom, improve reliability and lower costs, Martin Preece, executive vice president for South Africa, told The Africa Report.

* Shoprite Holdings, Africa’s largest food retailer, has sold its Nigerian operations to local investors 16 years after it opened its first outlet in the continent’s most populous country.

* The South African National Roads Agency, Sanral, has spent an estimated R5.3 billion on trying to recover e-tolls from motorists who are unwilling and unlikely to pay, reports MyBroadband.co.za.

* Cash-strapped power utility Eskom declared a dispute with three unions on Wednesday after wage talks reached an impasse.

* Gold Fields’ plans to build a solar power plant at its South Deep gold mine southwest of Johannesburg will reduce exposure to national utility Eskom, improve reliability and lower costs, Martin Preece, executive vice president for South Africa, told The Africa Report.

* Shoprite Holdings, Africa’s largest food retailer, has sold its Nigerian operations to local investors 16 years after it opened its first outlet in the continent’s most populous country.

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Capitec’s chief executive Gerrie Fourie formed part of last night’s BizNews Power Hour, outlining the reasoning behind shareholder backlash over the implementation of the remuneration policy, which was voted down by shareholders at the company’s annual general meeting last week. Executive remuneration is always a touchy subject. It becomes extra-touchy when many of the country, including the lion’s share of Capitec’s customer base, are experiencing financial hardships. For most, the issue is that of principle. However, Capitec has been the best performing business in this country over the past 20 years, creating significant value for shareholders since the start of the millennium.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Capitec’s chief executive Gerrie Fourie formed part of last night’s BizNews Power Hour, outlining the reasoning behind shareholder backlash over the implementation of the remuneration policy, which was voted down by shareholders at the company’s annual general meeting last week. Executive remuneration is always a touchy subject. It becomes extra-touchy when many of the country, including the lion’s share of Capitec’s customer base, are experiencing financial hardships. For most, the issue is that of principle. However, Capitec has been the best performing business in this country over the past 20 years, creating significant value for shareholders since the start of the millennium.

The first needs-matched life insurer - BrightRock - celebrated a 10 year milestone and joined Alec Hogg for last night's BizNews Power Hour. The founders; Schalk Malan, Sean Hanlon and Suzanne Stevens came into the studio to look back at their beautiful journey. "We have a clear mission, which is about enabling people to navigate big changes in their lives" - Suzanne Stevens.

The first needs-matched life insurer - BrightRock - celebrated a 10 year milestone and joined Alec Hogg for last night's BizNews Power Hour. The founders; Schalk Malan, Sean Hanlon and Suzanne Stevens came into the studio to look back at their beautiful journey. "We have a clear mission, which is about enabling people to navigate big changes in their lives" - Suzanne Stevens.

Learn more about your ad choices. Visit megaphone.fm/adchoices

WeBuyCars is the biggest car-buying service in South Africa. In September, Transaction Capital bought 49.9% of the business from the van der Walt brothers. Faan van der Walt joined the BizNews Power Hour to chat about the deal and told host Alec Hogg about the beginnings of the company.

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WeBuyCars is the biggest car-buying service in South Africa. In September, Transaction Capital bought 49.9% of the business from the van der Walt brothers. Faan van der Walt joined the BizNews Power Hour to chat about the deal and told host Alec Hogg about the beginnings of the company.