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Western Cape farmers are calling for a state of disaster to be declared - after unprecedented flood waters ravaged crops, washed away roads, swept away shacks, and destroyed infrastructure. One of those farmers is Justin Mudge, the owner of Chiltern Farms, who says they “desperately require intervention”. He speaks to BizNews of the destruction, displacement, devastation, and desperation in the area. Mudge describes how generators have run non-stop since Sunday to keep cool half a billion rands worth of fruit in cold storage that still needs to be packed for export. He describes how workers from the informal settlement had all their possessions swept away by the raging storm waters. And warns that some farmers will find it very hard to recover from the significant damage.

Speaking to BizNews' Alec Hogg, Kanyane Matlou - Senior Portfolio Manager for Listed Property at Terebrinth Capital - shares his views on the current state of the property investment market in South Africa. Matlou draws on his economics and asset management background to shed light on the challenges and opportunities in the property sector. Motlau offers valuable insight into the potential for growth in specific segments of the market, which stocks to watch, and how to navigate the complexities of property investments in a changing economic landscape.

For more information on Terebinth:
https://bit.ly/3PEzICn

More than 400 000 rugby enthusiasts worldwide are currently competing against each other in predicting results and player performances at the Rugby World Cup - courtesy of the Superbru platform, a global sports score prediction app born in a London ‘digs’ shared by a group of UCT-schooled South Africans. In this interview, founder Andy Wood shares the journey of an online operation which, 17 years on, now offers games on all major sporting events, from soccer to golf, cricket to motor racing. It’s an entrepreneurial story of globally-minded Capetonians who turned their passion for sport and knowledge of tech into a serious business providing fun and excitement to its community of millions across the globe. They’ve managed to resist the overtures of corporate acquisitors, and by retaining private ownership continued following an evolving dream. - Alec Hogg

In the dynamic realm of finance, keeping one's finger on the pulse of the markets is paramount. In episode 22 of the Fantasy Fund Manager podcast, financial experts David Bacher and Grant Morris joined Stuart Lowman to dissect the intricate web of market uncertainties. From the surprising resilience of the South African Rand to strategies for navigating rising bond yields, their insights offer a compass for investors in turbulent times. Join us as we delve into their astute observations and strategies for success in an ever-evolving financial landscape. Remember, each dawn of Monday is your chance to pitch your winning stocks. With enticing prizes awaiting, the game is on. Rally your comrades and head to www.fantasyfundmanager.co.za to register—big thanks to our platinum sponsors, Sharenet, Terebinth Capital, ClucasGray Asset Management, and MoneyBetter. And mark your calendars: Subscribe now to our podcast to keep up with every episode.

Organised crime syndicates are bleeding South Africa’s national economy of R155 billion a year - and that number is “significantly understated”. That is according to Democratic Alliance (DA) Shadow Minister of Finance, Dr Dion George. He gives this breakdown: Construction mafia - R17 billion; Infrastructure vandalism and arson - R47 billion; ESKOM’s organised crime networks R12 billion; Kidnapping and extortion syndicates - R146 million; Illicit economy, specifically drugs and guns - R13.6 billion; Wildlife syndicates - R1.2 billion; Illegal mining networks (Zama Zamas) - R14 billion; Tender corruption - R30 billion; and the Tobacco and cigarettes Mafia - R20 billion.” He calls on Government to make organised crime a priority - and to stop wasting resources on “never-ending bailouts to basically bankrupt entities”.  Dr George says South Africa is only on its knees because the government has chosen the wrong economic policies.

Hundreds of volunteers of the National Sea Rescue Institute (NSRI) have worked day and night over the past two weeks to save lives and bring people and animals to safety in the worst storm surges and flash floods for decades. Craig Lambinon - who has been with the NSRI for 30 years - reveals the massive efforts involved in the recent rescue operations. The NSRI is a free publicly-funded 24-hour rescue service that has saved at least 1 000 lives over the past year. Lambinon shares with BizNews the “success story” of the NSRI; reveals details of its most dramatic rescue operations; and speaks about its “world-class resources” - and the funding from the public and corporations that makes it possible to save so many lives. “…we always say to the people who donate money to NSRI or people who fund NSRI through corporate sponsorships, even though they're not physically with us on rescue operations, we still regard them as being strapped to our back when we launch a rescue operation because without them, we don't have the world-class resources and assets that we have to respond to these emergencies.”