BizNews Radio

* The biggest union at South Africa’s loss-making power utility Eskom is considering demanding pay increases of as much as 10% ahead of negotiations scheduled next month.

* South Africa’s central bank held its benchmark interest rate for a fourth straight meeting, with its projection model showing it could hike after the monetary policy committee’s next deliberation in May.

* The chairman of South Africa’s Ministerial Advisory Committee on Covid-19 Professor Salim Abdool Karim has stepped down amid speculation that tighter restrictions loom over Easter - and as the government is criticised for the slow delivery of vaccine roll-out.

* South Africa's most successful female financial services entrepreneur Sygnia founder and co-CEO Magda Wierzycka is handing over the reins to joint CEO David Hufton on 1 June 2021.

* The world's economic engine room - the US - is showing signs of recovering faster-than-expected from Covid-19 containment measures. Economists surveyed by BizNews partner The Wall Street Journal this month raised their average forecast for 2021 economic growth to 5.95%, measured from the fourth quarter of last year to the same period this year, from a 4.87% projection in February’s survey.

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* The biggest union at South Africa’s loss-making power utility Eskom is considering demanding pay increases of as much as 10% ahead of negotiations scheduled next month.

* South Africa’s central bank held its benchmark interest rate for a fourth straight meeting, with its projection model showing it could hike after the monetary policy committee’s next deliberation in May.

* The chairman of South Africa’s Ministerial Advisory Committee on Covid-19 Professor Salim Abdool Karim has stepped down amid speculation that tighter restrictions loom over Easter - and as the government is criticised for the slow delivery of vaccine roll-out.

* South Africa's most successful female financial services entrepreneur Sygnia founder and co-CEO Magda Wierzycka is handing over the reins to joint CEO David Hufton on 1 June 2021.

* The world's economic engine room - the US - is showing signs of recovering faster-than-expected from Covid-19 containment measures. Economists surveyed by BizNews partner The Wall Street Journal this month raised their average forecast for 2021 economic growth to 5.95%, measured from the fourth quarter of last year to the same period this year, from a 4.87% projection in February’s survey.

In this interview with BizNews founder Alec Hogg, Nick Hudson, the co-founder of Panda, gives his thoughts on the resignation of Professor Salim Karim as government advisor and what he thinks of the AstraZeneca vaccine.

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In this interview with BizNews founder Alec Hogg, Nick Hudson, the co-founder of Panda, gives his thoughts on the resignation of Professor Salim Karim as government advisor and what he thinks of the AstraZeneca vaccine.

Once one of the richest men in South Africa, Christo Wiese lost a large chunk of his fortune following the corporate fraud at Steinhoff. The company was a hugely popular stock with investors, with thousands (including Wiese) losing out. Wiese joined the BizNews Power Hour for a special 30 minute segment, with the SA business mogul spewing nuggets of knowledge and wisdom throughout. When asked how he feels about everything that has happened he said 'I had to look myself in the mirror. I saw 50 years of my work go up in smoke and I had to ask myself how I'm going to cope with it. I decided that I don't mourn the loss of money'.

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Once one of the richest men in South Africa, Christo Wiese lost a large chunk of his fortune following the corporate fraud at Steinhoff. The company was a hugely popular stock with investors, with thousands (including Wiese) losing out. Wiese joined the BizNews Power Hour for a special 30 minute segment, with the SA business mogul spewing nuggets of knowledge and wisdom throughout. When asked how he feels about everything that has happened he said 'I had to look myself in the mirror. I saw 50 years of my work go up in smoke and I had to ask myself how I'm going to cope with it. I decided that I don't mourn the loss of money'.

* SAA business rescue has cost taxpayers about R8bn in the past year;

* The World Bank is to issue a bond to help save rhinos, with the first beneficiaries wildlife sanctuaries in the Eastern Cape;

* Botswana has issued licences to trophy hunters to kill elephants, leopards and other endangered species as it moves to re-start a vital income earner after Covid-19 brought the sector to a standstill.

* Elon Musk says US motorists will be able to buy Tesla vehicles using Bitcoin.

* SAA business rescue has cost taxpayers about R8bn in the past year;

* The World Bank is to issue a bond to help save rhinos, with the first beneficiaries wildlife sanctuaries in the Eastern Cape;

* Botswana has issued licences to trophy hunters to kill elephants, leopards and other endangered species as it moves to re-start a vital income earner after Covid-19 brought the sector to a standstill.

* Elon Musk says US motorists will be able to buy Tesla vehicles using Bitcoin.

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

In this episode of the BizNews Power Hour, host Alec Hogg is joined by ex-chairman of Steinhoff Christo Wieste, Director of Brenthurst Wealth Magnus Heystek, former Springbok Bob Skinstad, Dr Shiksha Gallow and the BizNews team.

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

In this episode of the BizNews Power Hour, host Alec Hogg is joined by ex-chairman of Steinhoff Christo Wieste, Director of Brenthurst Wealth Magnus Heystek, former Springbok Bob Skinstad, Dr Shiksha Gallow and the BizNews team.