BizNews Radio

* 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.

The Biznews Share portfolio, launched in December 2014, has delivered spectacular returns for South African investors. Every month, Biznews founder Alec Hogg updates the latest developments at the companies whose stocks are held in the portfolio. Although the strategy has been to buy and hold, the portfolio has seen some adjustments over the five and a half years since its creation. Today roughly two thirds of the assets are invested in US exponential growth stocks and the balance in carefully selected JSE-listings.

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

The Biznews Share portfolio, launched in December 2014, has delivered spectacular returns for South African investors. Every month, Biznews founder Alec Hogg updates the latest developments at the companies whose stocks are held in the portfolio. Although the strategy has been to buy and hold, the portfolio has seen some adjustments over the five and a half years since its creation. Today roughly two thirds of the assets are invested in US exponential growth stocks and the balance in carefully selected JSE-listings.

Executive chairman of the Kisby Fund and Purple Group, Mark Barnes, told the BizNews Power Hour that "There is nothing more stupid than introducing cleverness to credit". He is joined by market commentator David Shapiro to discuss the ongoing SA banks lending furore.

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

Executive chairman of the Kisby Fund and Purple Group, Mark Barnes, told the BizNews Power Hour that "There is nothing more stupid than introducing cleverness to credit". He is joined by market commentator David Shapiro to discuss the ongoing SA banks lending furore.

To follow in the footsteps of Elon Musk and his successful venture into the electric vehicle (EV) market is not going to be easy for any entrepreneur with a passion to take a load off the planet. While he admits it's no easy task, young entrepreneur Nhlanhla Mazibuko is trying to do just that. Mazibuko is developing an electric bakkie, which caught the interest of social media when he delivered a virtual presentation of the concept car at the e-Mobility Congress earlier this year. Mazibuko told BizNews that as a firm believer in sustainable energy, he was frustrated by the fact that South Africa was behind Europe and the US - so he decided to do something about it.

To follow in the footsteps of Elon Musk and his successful venture into the electric vehicle (EV) market is not going to be easy for any entrepreneur with a passion to take a load off the planet. While he admits it's no easy task, young entrepreneur Nhlanhla Mazibuko is trying to do just that. Mazibuko is developing an electric bakkie, which caught the interest of social media when he delivered a virtual presentation of the concept car at the e-Mobility Congress earlier this year. Mazibuko told BizNews that as a firm believer in sustainable energy, he was frustrated by the fact that South Africa was behind Europe and the US - so he decided to do something about it.

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

In this episode of the BizNews Power Hour, Alec Hogg is joined by ex-investment banker and former SA Post Office CEO Mark Barnes, market commentator David Shapiro, Co-founder of 360NE Cy Jacobs and the BizNews team.

In this episode of the BizNews Power Hour, Alec Hogg is joined by ex-investment banker and former SA Post Office CEO Mark Barnes, market commentator David Shapiro, Co-founder of 360NE Cy Jacobs and the BizNews team.

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

SA must send in troops to bring to an end the reign of terror by Islamic militants in Mozambique, say the DA, ActionSA and analysts. The risks are high for SA and range from a humanitarian and refugee crisis and the possibility Islamic cells are training in South Africa. In this in-depth interview with BizNews editor at large Jackie Cameron, Martin Ewi of the Institute of Security Studies sets out what's really been going on in Mozambique and elsewhere in South Africa - and why Isis is a significant threat to stability and investments in the region.