BizNews Radio

* South Africa plans to begin issuing Johnson & Johnson’s coronavirus vaccine to the general public next month.

* A takeover bid by Huge Group to acquire rival Adapt IT has become ugly, with the Huge group ordered to removed videos from the public domain in which it attacks the motives of Adapt IT’s management, reports MyBroadband.co.za

* Netcare expects first-half core profit to be down 36% to 38% from a year earlier after a second wave of Covid-19 forced it to suspend elective surgery in favour of necessary and time-sensitive procedures, says Reuters.

* Nedbank will stop funding new thermal coal mines by 2025 and halt direct funding of new oil and gas exploration as it plans to phase out fossil fuel exposure over the next 24 years, says Reuters.

* The African Union’s disease control body and World Health Organization on Thursday urged African countries not to waste COVID-19 vaccines donated to them, after confusion in Malawi and South Sudan about whether doses they received had expired, says Bloomberg.

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* South Africa plans to begin issuing Johnson & Johnson’s coronavirus vaccine to the general public next month.

* A takeover bid by Huge Group to acquire rival Adapt IT has become ugly, with the Huge group ordered to removed videos from the public domain in which it attacks the motives of Adapt IT’s management, reports MyBroadband.co.za

* Netcare expects first-half core profit to be down 36% to 38% from a year earlier after a second wave of Covid-19 forced it to suspend elective surgery in favour of necessary and time-sensitive procedures, says Reuters.

* Nedbank will stop funding new thermal coal mines by 2025 and halt direct funding of new oil and gas exploration as it plans to phase out fossil fuel exposure over the next 24 years, says Reuters.

* The African Union’s disease control body and World Health Organization on Thursday urged African countries not to waste COVID-19 vaccines donated to them, after confusion in Malawi and South Sudan about whether doses they received had expired, says Bloomberg.

JSE-listed printing, publishing and packaging group Novus looks set for a shake up after boutique asset manager A2 Investment Partners snapped up the entire stake of almost a fifth of the company that was owned by Media24 investments. The Novus share price has taken a hammering over five years, with the business falling into the red as Covid-19 containment measures hit the media industry hard. Novus CEO Neil Birch speaks Jackie Cameron of BizNews, about latest developments at the company - and what it's like being at the helm of a public company in a sector that appears to be in terminal decline.

JSE-listed printing, publishing and packaging group Novus looks set for a shake up after boutique asset manager A2 Investment Partners snapped up the entire stake of almost a fifth of the company that was owned by Media24 investments. The Novus share price has taken a hammering over five years, with the business falling into the red as Covid-19 containment measures hit the media industry hard. Novus CEO Neil Birch speaks Jackie Cameron of BizNews, about latest developments at the company - and what it's like being at the helm of a public company in a sector that appears to be in terminal decline.

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In this clip the Chief Economist at Stanlib - Kevin Lings - joined the BizNews Power Hour team to discuss CPI of 3.2% in March, lower than expectations of 3.3%. He shared his view on how can CIP be the primary proxy for inflation when inflation is visibly much greater in the real economy.

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In this clip the Chief Economist at Stanlib - Kevin Lings - joined the BizNews Power Hour team to discuss CPI of 3.2% in March, lower than expectations of 3.3%. He shared his view on how can CIP be the primary proxy for inflation when inflation is visibly much greater in the real economy.

Jean-Pierre Verster joined the BizNews Power Hour team to discuss Pick 'n Pay's results, the end of Brasher's tenure and which is the best food retailer on the Johannesburg Stock Exchange. Verster roots for Woolworths as the best retailer currently on the JSE - even after a bad cycle of five years.

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

Jean-Pierre Verster joined the BizNews Power Hour team to discuss Pick 'n Pay's results, the end of Brasher's tenure and which is the best food retailer on the Johannesburg Stock Exchange. Verster roots for Woolworths as the best retailer currently on the JSE - even after a bad cycle of five years.

South Africa’s headline consumer price inflation has not risen as quickly as analysts have forecast. rose to 3.2% year-on-year in March from 2.9% in February, data from Statistics South Africa showed on Wednesday.

South Africa is home to over twice as many millionaires (HNWIs) as any other African country. Despite this, the total private wealth held in the country declined by 25% between 2010 and 2020. This is according to the Africa Wealth Report 2021, published on Tuesday by Johannesburg-based wealth intelligence firm New World Wealth together with Mauritius-based AfrAsia Bank.

The government’s decision to include three liquid natural gas powerships from Karpowership SA for emergency power is a mistake which will cost South Africa dearly in the long run, reports MyBroadband.co.za. This is the view of energy expert Chris Yelland.

Zimbabwe plans to sell the right to shoot as many as 500 elephants for as much as $70,000 (about R1m) per animal to help fund the upkeep of its national parks, reports Bloomberg.

South Africa’s headline consumer price inflation has not risen as quickly as analysts have forecast. rose to 3.2% year-on-year in March from 2.9% in February, data from Statistics South Africa showed on Wednesday.

South Africa is home to over twice as many millionaires (HNWIs) as any other African country. Despite this, the total private wealth held in the country declined by 25% between 2010 and 2020. This is according to the Africa Wealth Report 2021, published on Tuesday by Johannesburg-based wealth intelligence firm New World Wealth together with Mauritius-based AfrAsia Bank.

The government’s decision to include three liquid natural gas powerships from Karpowership SA for emergency power is a mistake which will cost South Africa dearly in the long run, reports MyBroadband.co.za. This is the view of energy expert Chris Yelland.

Zimbabwe plans to sell the right to shoot as many as 500 elephants for as much as $70,000 (about R1m) per animal to help fund the upkeep of its national parks, reports Bloomberg.

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