150 episodes

Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.

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    • Business

Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.

    Set aside political crony’s R21-billion gas tender-Kevin Mileham

    Set aside political crony’s R21-billion gas tender-Kevin Mileham

    A controversial gas tender awarded to a man who was named 176 times in the Mpati Commission report into malfeasance at the Public Investment Corporation (PIC) should be terminated with immediate effect. That is the call from Kevin Mileham, the Democratic Alliance's (DA’s) Shadow Minister of Mineral Resources and Energy following earlier warnings by his party that Equator Holdings “run, owned, and managed” by Lawrence Mulaudzi does not have the money and technical skills to fulfil the tender requirement of rebuilding PetroSA’s critical gas infrastructure - and is now “shopping around” for potential funders and technical partners for the project. “PetroSA is a failing State-owned entity. And you don't fix that by giving tenders to cronies,” Mileham says. Meanwhile Energy Minister Gwede Mantashe “is very, very quiet about this whole issue” - and is “more interested in campaigning right now than in dealing with the issues in the entities that are under his control”.

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    • 7 min
    De Beer: Daggers flying in MK, Gayton’s good battle strategy, Political enemies on coffee dates…

    De Beer: Daggers flying in MK, Gayton’s good battle strategy, Political enemies on coffee dates…

    In a wide-ranging, pre-election preview, United Independent Movement (UIM) President Neil de Beer torpedoes rumours of a Multi-Party Charter (MPC) collapse; gives his take on the daggers flying in former President Jacob Zuma’s MK party; and hails Patriotic Alliance (PA) President Gayton McKenzie’s combat strategy, saying the “Green Machine” is moving down to the Cape like an “oil slick” and has left the Democratic Alliance (DA) overwhelmed by the Brown Child Revolution. He discusses a post-election three-faction scenario comprising the MPC, the RET (Radical Economic Transformation), and the African National Congress (ANC). “And the question is, whom of those three are going to have coffee with whom, except I know they already having coffee.” However, De Beer vows that his UIM party would never form a government with the ANC or the Economic Freedom Fighters (EFF). “Then we go it alone. We cannot sit with this country's fiscal, economical enemy.”

    Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

    • 28 min
    Gayton declares all-out war on the DA…

    Gayton declares all-out war on the DA…

    Patriotic Alliance (PA) President Gayton McKenzie has declared all-out war on the Democratic Alliance (DA) after his recent olive branch to the opposition party “expired”. Speaking to BizNews after another two by-election victories, he says:  “It's war. It's full-out war. We are not playing. I extended the olive branch because I do think that the Western Cape will not be best served with the ANC (African National Congress) coming back…And they then answered that by insulting me…” McKenzie says the PA has been winning 80% of the by-elections it has fought, and he doesn’t think the DA will get 35 per cent of the vote in the Western Cape. Meanwhile, he says Economic Freedom Fighter (EFF) leader Julius Malema understands that the upcoming election is a match between the EFF and the PA. “So I'm saying that if you are a white person, it's no longer time to vote for your normal parties… Let's keep Malema out. I'm the only guy that can stand up to that fool. I'm the only one that can stand up to that mafia. South Africa doesn't deserve a guy like Malema.”

    • 24 min
    Peter Major to Cyril, Gwede: Don’t let Aussies steal Anglo. Give mining a chance to grow SA.

    Peter Major to Cyril, Gwede: Don’t let Aussies steal Anglo. Give mining a chance to grow SA.

    South Africa’s mining investment guru Peter Major has come out all guns blazing against Australian BHP’s “opportunistic” bid for Anglo American. In this powerful interview with BizNews editor Alec Hogg, Major calls on SA’s president and mining minister to step in quickly and promise to reverse legislative mistakes which chased away global investors. Doing so, he says, will save Anglo from BHP’s clutches and turbo-charge the country’s moribund mining sector. Major believes it’s easy to fix - but requires humility and realism from Pretoria. Starting with appeals to an alienated global investment community to stop Wall Street desk jockeys killing SA’s 107 year-old Golden Goose.

    • 21 min
    Wonderbag: Blending Traditional Cooking, Community Empowerment, and Modern Carbon Markets - Sarah Collins

    Wonderbag: Blending Traditional Cooking, Community Empowerment, and Modern Carbon Markets - Sarah Collins

    Wonderbag was a company established in 2008 methods as a solution to South Africa’s energy crisis providing families with a means to continue cooking daily meals during power outages. Resembling a colourful bag reminiscent of a pumpkin, Wonderbag employs ancient heat retention cooking technology, providing employment and income opportunities to entrepreneurs across the developing world. In South Africa, manufacturing is outsourced to 2000 entrepreneurs, primarily women, providing them with vital income. Founder of Wonderbag, Sarah Collins told Biznews in an interview about the business model she pioneered, her high-profile carbon clients including Sasol, Anglo American and Nandos. She also highlighted South Africa’s role in crafting legislation to bolster carbon credit projects.

    • 18 min
    CR doesn’t even know where the Guptas are… — Glynnis Breytenbach

    CR doesn’t even know where the Guptas are… — Glynnis Breytenbach

    President Cyril Ramaphosa does not even know where the Guptas are. That is the riposte from  Glynnis Breytenbach, the Democratic Alliance's Shadow Minister of Justice, to the National Prosecuting Authority (NP) calling in the help of the President to try and fast track the extradition from the United Arab Emirates (UAE) of the Guptas. As for the few billion of State Capture loot recovered so far by the NPA, Breytenbach says “it's not even a drop in the ocean of the trillions and trillions and trillions of rands that we were robbed of - and that government officials and cabinet members assisted crooks to steal from us”.  She calls the close to 700 government officials thus far convicted of corruption “petty thieves” - and says “we need to see people at the top of the scale who stole at a breathtaking pace, held to account”. She also gives an update on the proposed establishment of DA-driven Anti Corruption Commission where prosecutors will have “no fear that their work will be undone by a bunch of politicians who don't like being held accountable”.

    • 12 min

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