BizNews Radio

Transaction Capital, one of the best performing businesses on the JSE over the past ten years, continues to from strength to strength. In SA Taxi and WeBuyCars, the company has two great assets and is starting to benefit from the synergies created through vertical integration. David Hurwitz, the man at the helm of Transaction Capital, unpacked the results further on last night's BizNews Power Hour.

Mark Sardi spent his early career in corporate finance and investment banking in London and Johannesburg before making the move to CEO of Ascendis Health. He joined last night's BizNews Power hour, and told Alec Hogg that even though the balance sheet of Ascendis was bad when he started there, the underlying business was good.

Mark Sardi spent his early career in corporate finance and investment banking in London and Johannesburg before making the move to CEO of Ascendis Health. He joined last night's BizNews Power hour, and told Alec Hogg that even though the balance sheet of Ascendis was bad when he started there, the underlying business was good.

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Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour as co-host. Nathan shared insights into what Old Mutual has been going through, stating that Old Mutual lost value in SA and made disastrous deals offshore as well.

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Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour as co-host. Nathan shared insights into what Old Mutual has been going through, stating that Old Mutual lost value in SA and made disastrous deals offshore as well.

In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen as co-host, Ascendis CEO Mark Sardi and activist Harry Smit, Transaction Capital CEO David Hurwitz on its interim results and increasing its stake in WeBuyCars to c.75%, Prosus/Naspers corporate action and the BizNews team.

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In this episode of the BizNews Power Hour, Alec Hogg is joined by co-host Piet Viljoen as co-host, Ascendis CEO Mark Sardi and activist Harry Smit, Transaction Capital CEO David Hurwitz on its interim results and increasing its stake in WeBuyCars to c.75%, Prosus/Naspers corporate action and the BizNews team.

Steven Nathan, founder of index-tracking pioneer 10X Investments, joined the BizNews Power Hour as co-host with BizNews founder Alec Hogg. Nathan, an ex-investment banker, shared valuable insights into the scandal brewing around the Public Investment Commission, stating that ‘the underperformance of governance falls upon the South African taxpayer’.

Steven Nathan, founder of index-tracking pioneer 10X Investments, joined the BizNews Power Hour as co-host with BizNews founder Alec Hogg. Nathan, an ex-investment banker, shared valuable insights into the scandal brewing around the Public Investment Commission, stating that ‘the underperformance of governance falls upon the South African taxpayer’.

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* The total growth for online retail in South Africa in 2020 came to 66%, bringing the total to R30.2-billion, reports MyBroadband.co.za.

* South Africans aren't anti-vaccers. In fact, at least seven in every 10 adults surveyed in the National Income Dynamics Study – Coronavirus Rapid Mobile Survey - would get a jab if it was available.

* Dutch-listed technology investor Prosus NV plans to raise its stake in South African parent Naspers to nearly 50% in a share swap deal that will move part of their huge holding in China’s Tencent to Amsterdam from Johannesburg.

* The oil supply glut that built up after the pandemic forced producing countries to slash output has almost returned to normal levels, the International Energy Agency said Wednesday.

* US consumer inflation rose far more than expected in Apr 2021 to 4.2%y/y, with core inflation up at 3.0%. Stanlib Chief economist Kevin Lings notes that US inflation could remain uncomfortably high for an extended period, unsettling financial markets.

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