BizNews Radio

Nic Borain - an independent political and financial analyst on Ace Magashule discarded. Nic pulled an all-nighter putting together an article of the national executive meeting of the ANC, straight after President Cyril Ramaphosa's announcement late Monday night. ANC Secretary-General Ace Magashule has been given 30 days to step aside from his role - or face suspension and disciplinary action by the party.

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

Schalk Malan, CEO of BrightRock, told the BIzNews Pour Hour that they now have 25 distribution hubs and 2 administration offices around SA, making a real different in the life insurance industry. He shared his thoughts on the highs and lows of being in the insurance space during a global pandemic.

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

Schalk Malan, CEO of BrightRock, told the BIzNews Pour Hour that they now have 25 distribution hubs and 2 administration offices around SA, making a real different in the life insurance industry. He shared his thoughts on the highs and lows of being in the insurance space during a global pandemic.

It's been a stressful period for the Aspen Pharmacare team as it moved at speed to deliver J&J vaccines for South Africa and the rest of Africa,knowing that every delay 'costs a life', says Stephen Saad, CEO of the only manufacturer in the southern hemisphere. 'People might dream of being the only player in the market but it's very stressful,' with the knowledge that so many lives are at stake. But this is also a watershed moment for the company. Saad spoke to BizNews editor-in-chief Jackie Cameron about what's been going on behind-the-scenes. JSE-listed Aspen Pharmacare has also provided dexamethasone and anaesthetics used in the fight against Covid-19, yet its share price hasn't risen as much as many might expect. Saad speaks about the big risk that J&J wouldn't pass clinical trials and why the company - which doesn't receive any funding from governments - isn't only focused on maximising profit. He shares details about the manufacturing process and why SA will catch up with vaccination roll-out. Aspen is providing 30m jabs of the one-dose shot to SA and expects to produce annual boosters; the SA government is also negotiating to buy vaccines from China, Russia and elsewhere. Aspen Pharmacare is the only producer in the southern hemisphere. #COVID19

It's been a stressful period for the Aspen Pharmacare team as it moved at speed to deliver J&J vaccines for South Africa and the rest of Africa,knowing that every delay 'costs a life', says Stephen Saad, CEO of the only manufacturer in the southern hemisphere. 'People might dream of being the only player in the market but it's very stressful,' with the knowledge that so many lives are at stake. But this is also a watershed moment for the company. Saad spoke to BizNews editor-in-chief Jackie Cameron about what's been going on behind-the-scenes. JSE-listed Aspen Pharmacare has also provided dexamethasone and anaesthetics used in the fight against Covid-19, yet its share price hasn't risen as much as many might expect. Saad speaks about the big risk that J&J wouldn't pass clinical trials and why the company - which doesn't receive any funding from governments - isn't only focused on maximising profit. He shares details about the manufacturing process and why SA will catch up with vaccination roll-out. Aspen is providing 30m jabs of the one-dose shot to SA and expects to produce annual boosters; the SA government is also negotiating to buy vaccines from China, Russia and elsewhere. Aspen Pharmacare is the only producer in the southern hemisphere. #COVID19

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

In a televised address, SA President Cyril Ramaphosa announced measures to speed up vaccine roll-out, including buying more vaccines - and fast - and setting up 2,000 vaccination sites at public and private facilities. There will be an electronic system to register and direct individuals to vaccination appointments and undocumented individuals will also be brought into the system. President Ramaphosa said the government had decided to keep the restrictions at level one - because of the low rate of transmission - but there will be some tweaks with a view to containing the spread of the disease over the Easter weekend. These restrictions include a ban on alcohol sales at liquor stores. But restaurants and shebeens will be allowed to serve liquor. Listen to the full announcement here.

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

In a televised address, SA President Cyril Ramaphosa announced measures to speed up vaccine roll-out, including buying more vaccines - and fast - and setting up 2,000 vaccination sites at public and private facilities. There will be an electronic system to register and direct individuals to vaccination appointments and undocumented individuals will also be brought into the system. President Ramaphosa said the government had decided to keep the restrictions at level one - because of the low rate of transmission - but there will be some tweaks with a view to containing the spread of the disease over the Easter weekend. These restrictions include a ban on alcohol sales at liquor stores. But restaurants and shebeens will be allowed to serve liquor. Listen to the full announcement here.

In this episode of the BizNews Power Hour, Alec Hogg is joined CEO of BrightRock Schalk Malan, CEO of Aspen Stephen Saad, CEO of Transaction Capital David Hurwitz, political analyst Nic Borain and the BizNews team.

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

In this episode of the BizNews Power Hour, Alec Hogg is joined CEO of BrightRock Schalk Malan, CEO of Aspen Stephen Saad, CEO of Transaction Capital David Hurwitz, political analyst Nic Borain and the BizNews team.

* ANC Secretary-General Ace Magashule has been given 30 days to step aside from his role or face suspension and disciplinary action by the party.  

* Africa’s biggest fund manager and a key investor in South African gold companies said any consolidation in the sector must benefit the country as well as shareholders.

* South Africa recorded foreign direct investment (FDI) inflows of 16.0 billion rand ($1.07 billion) in the fourth quarter from outflows of 12.2 billion rand in the third, the central bank said on Tuesday.

* More than 500,000 people lost full-time jobs in 2020 in South Africa, but Xmas bonus pay was up significantly among those who kept their roles.

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