Biznews - The Latest Business & Financial News in South Africa

Angry SAs speak: The alcohol ban is economic murder!

The alcohol ban may seem like a sensible way to put an end to unnecessary hospital visits, but it doesn’t come without its consequences.

21st January 2021

Alternative investments: Attainable classic cars – what to buy and look out for

Surely a car can't be an investment? Well, there are exceptions. We look at a handful of classic cars that are still attainable - for now.

23rd January 2021

How the vaccine production industry can be developed in SA

'To be in a better position to procure anti-pandemic vaccines South Africa will need to have greater vaccine manufacturing capacity'.

23rd January 2021

Property liquidity crunch as cash-strapped Redefine can’t pay dividends

Redefine, the second largest South African Reit on the JSE, has announced that it would not be paying a dividend for its 2020 year-end.

22nd January 2021

Life after Covid-19: Getting SA out of the doldrums

'The pandemic will ultimately pass, but its impact will be severe and long-lasting', warns Terence Corrigan, project manager at the IRR.

22nd January 2021

Why has the rand made a come-back?

The rand was under massive pressure and traded at R19.26 in the first week of April 2020, shortly after SA went into hard lockdown.

22nd January 2021

Flash briefing: Stinky India-SA vaccine deal; ANC stalwart Mthembu dies; interest rates; Eskom; Mozambique; Gold Fields

South Africa will pay $5.25 per dose for 1.5 million shots of AstraZeneca’s coronavirus vaccine from the Serum Institute of India.

21st January 2021

Alec Hogg: Shades of ’87 in punter arrogance

Alec Hogg shares his rational perspective on investing – ‘Do your homework and stick to companies with business models you can understand’.

22nd January 2021

Briefs

UPDATE: Johann Rupert denies jumping the vaccine queue in Switzerland

'Rupert said his physician arranged the vaccination because he is 70 and has co-morbidities as defined by Swiss law', says Bloomberg.

22nd January 2021

Mediclinic treats 2nd wave challenges with efficacy

Q3 Group revenue up 2.5%; supported by unseasonably high inpatient activity at Mediclinic Southern Africa and Mediclinic Middle East.

22nd January 2021

Ramaphosa approves legislation to regulate political party funding

'President Cyril Ramaphosa has approved legislation that will regulate public and private funding of political parties', says Bloomberg.

22nd January 2021

Mr Price delivers strong growth in tough economic environment

Mr Price recorded growth in retail sales and other income of 5.0% to R7.8bn over the corresponding period in the prior year.

22nd January 2021

Wealth Advisors

How different property classes coped with the pandemic

The property market has undergone huge changes during 2020 as a result of the Covid-19 pandemic, but not all sectors have had the same experience.

19th January 2021

Why investors in commercial real estate need a sponsor

Investing in commercial property can be a daunting prospect but knowing that you are not alone can make you feel much more comfortable.

15th January 2021

Emerging markets hold promise for investors in 2021

China and its emerging market peers are set to rebound this year, with Asian emerging markets set to lead the global recovery.

13th January 2021

Magnus Heystek: A truly horrific chart with nowhere for the JSE to hide – #2020 #BestofBizNews

In this piece, Magnus Heystek highlights how very wrong it has been to keep all your money in South African assets, in particular Johannesburg stocks.

27th December 2020

Bright Light Solar’s 2021 Prospectus published, ‘fastest fingers first’ for prospective investors

Kevin Shames talks to BizNews about an exciting 12J investment opportunity. It's 'first come, first serve' when fundraising opens on February 1.

19th January 2021

How to slash your tax bill, generate steady returns in SA’s high-growth renewable energy sector

The Bright Light Solar 12J has the added advantage of underlying investments in renewable energy roll-out in South Africa.

12th January 2021

Four ways to quit worrying about weight gain – health coach

Health coach Dr Kate Couchman shares four ways to quit worrying about weight gain over the holiday period.

31st December 2020

Getting started with blood sugar balancing – health coach

The blood sugar balancing diet is the best way of helping you lose weight and gain health because it works with your body’s natural design.

28th December 2020

Global Citizen

SLR: Corruption may have a different accent in other countries but the rot smells the same

Simon Lincoln Reader points out that corruption might be better hidden in the first world, it can be sniffed out by the same stench in any country.

21st January 2021

Joe Biden’s US: How it will change global currents of power, what it means for Africa

Theo Murphy of the European Council on Foreign Relations spoke to BizNews about what the changing international currents of power mean for Africa.

20th January 2021

Angry SAs speak: Eskom has taken us back to the dark ages!

Eskom announced that for the next three months, we can expect load shedding every week. As such, the community is up in arms once more.

19th January 2021

Flash Briefing: Alcohol ban shatters glass industry; restaurant managers – booze ban arrests; Sibanye; Truworths

The alcohol ban is hammering South Africa's glass packaging industry, which could lose a further R1.5bn in sales if the latest ban continues.

18th January 2021

Global Investing

Jack Ma is back after a conspicuous absence – With insights from The Wall Street Journal

Jack Ma has returned to the public eye after a conspicuous 3 month absence while regulators probed his business dealings.

21st January 2021

Gold’s golden run – but can it continue?

Gold is seen by market participants as a safe haven asset and a hedge against the volatility risk inherent in capital markets.

21st January 2021

Flash briefing: MTI; SA wealth tax; private equity investors hunt for deals; Islamist insurgency; Richemont

Luxury group Richemont's sales in the third quarter increased by 5% at constant exchange rates compared to the prior period, with China leading sales.

20th January 2021

Investor concern about budget hole, inflation steepens SA’s yield curve

'We may have entered a new year, but we are still grappling with issues that we were dealing with in 2020', said Michelle Wohlberg.

20th January 2021

Entrepreneur

More business owners line up to fight insurers after R2bn business interruption victory – Ryan Woolley

Fight over pay-outs for business interruption insurance gains traction after hospitality and leisure businesses win battle against insurers.

5th January 2021

Jail time for up to 6 months, stiff fines for employers who flout Covid-19 mask rules; update on restrictions – CR

Employers have been asked to make a concerted effort to ensure compliance with rules as SA gets close to hitting 1m Covid-19 positive cases.

14th December 2020

SA entrepreneurs – ‘There’s no government support for small businesses’

'The entrepreneurs were determined to overcome individual, social and structural challenges to earn a basic income for their families.'

13th December 2020

Sun International sells Carousel Casino licence

Sun International has sold Carousel Casino licence, removed centre from Most Valued Guest loyalty programme.

8th December 2020

Business Unusual

The guy who decides lockdown restrictions Down Under – Must Watch

Jimmy Rees, an Australian entertainer takes a humerous jaunt through the loopholes in many lockdown regulations.

15th January 2021

Edtech and eliminating angst: The ‘convenience’ of online school for mental health

Students who don’t fit the mould of traditional schooling are conveniently eliminating a lot of their everyday angst by sticking to online school.

12th January 2021

67% of SAs use Google Chrome but you should stop right now – with insights from The Wall Street Journal #2020 in review

Google Chrome was revolutionary with its speed and superb handling of Gmail. But nowadays it drains RAM, battery and disregards privacy.

21st December 2020

Christo Wiese: From billionaire to millionaire, as Steinhoff shatters his wealth #2020 in review

In 2014, Christo Wiese exchanged Pepkor for stock in Steinhoff, becoming its biggest shareholder. In 2017, Steinhoff’s share price collapsed.

21st December 2020

Thought Leaders

Angry SAs speak: The alcohol ban is economic murder!

Alternative investments: Attainable classic cars – what to buy and look out for

How the vaccine production industry can be developed in SA

Property liquidity crunch as cash-strapped Redefine can’t pay dividends

Life after Covid-19: Getting SA out of the doldrums

Why has the rand made a come-back?

Flash briefing: Stinky India-SA vaccine deal; ANC stalwart Mthembu dies; interest rates; Eskom; Mozambique; Gold Fields

Alec Hogg: Shades of ’87 in punter arrogance

UPDATE: Johann Rupert denies jumping the vaccine queue in Switzerland

Mediclinic treats 2nd wave challenges with efficacy

Ramaphosa approves legislation to regulate political party funding

Mr Price delivers strong growth in tough economic environment

How different property classes coped with the pandemic

Why investors in commercial real estate need a sponsor

Emerging markets hold promise for investors in 2021

Magnus Heystek: A truly horrific chart with nowhere for the JSE to hide – #2020 #BestofBizNews

Bright Light Solar’s 2021 Prospectus published, ‘fastest fingers first’ for prospective investors

How to slash your tax bill, generate steady returns in SA’s high-growth renewable energy sector

Four ways to quit worrying about weight gain – health coach

Getting started with blood sugar balancing – health coach

SLR: Corruption may have a different accent in other countries but the rot smells the same

Joe Biden’s US: How it will change global currents of power, what it means for Africa

Angry SAs speak: Eskom has taken us back to the dark ages!

Flash Briefing: Alcohol ban shatters glass industry; restaurant managers – booze ban arrests; Sibanye; Truworths

Jack Ma is back after a conspicuous absence – With insights from The Wall Street Journal

Gold’s golden run – but can it continue?

Flash briefing: MTI; SA wealth tax; private equity investors hunt for deals; Islamist insurgency; Richemont

Investor concern about budget hole, inflation steepens SA’s yield curve

More business owners line up to fight insurers after R2bn business interruption victory – Ryan Woolley

Jail time for up to 6 months, stiff fines for employers who flout Covid-19 mask rules; update on restrictions – CR

SA entrepreneurs – ‘There’s no government support for small businesses’

Sun International sells Carousel Casino licence

The guy who decides lockdown restrictions Down Under – Must Watch

Edtech and eliminating angst: The ‘convenience’ of online school for mental health

67% of SAs use Google Chrome but you should stop right now – with insights from The Wall Street Journal #2020 in review

Christo Wiese: From billionaire to millionaire, as Steinhoff shatters his wealth #2020 in review

Loadshedding: 2021 to be worst year yet for SA electricity crisis – Chris Yelland, energy expert

Pfizer-BioNTech vaccine will ‘protect against new variant’ – but SA strain still concerning

SA has ‘biggest, most brazen cigarette black market in the world’, says TJSA

Govt has ‘dropped the ball’ on Covid-19 vaccine procurement. What now?