Alec Hogg on BizNews doubling down on its core offering - and also launching a fresh share portfolio
BizNews founder Alec Hogg joins Bronwyn Nielsen to reflect on the 12-year journey from startup to multimedia platform. They explore BizNews’ pivot from the political economy, the privilege of building a loyal audience, and the renewed focus on business journalism. Alec unpacks lessons learned, ownership rumours, and why Benjamin Franklin’s aphorism that “knowledge pays the best interest” remains the organisation’s guiding principle. The discussion also announces the launch of the Ricardo portfolio, set to debut at the end of the month on the EasyEquities platform, marking an exciting new chapter for the BizNews community.
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BN Briefing: Is China SA's solution to Trump?; Froneman's Sibanye send-off; Google, Apple surge
In today's BizNews Briefing, South Africa’s China ties come under The Economist’s lens, Sibanye boss Neil Froneman retires, Sim Tshabalala flags G20 headwinds, and Alphabet drives portfolio gains. Banking guru Kokkie Kooyman dissects executive reshuffles and rate prospects, while we end with a viral video of a CEO stealing a hat.
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Ian Cameron: “North Korean” police tactics an a municipal “coup d’etat”…
In his latest interview with Chris Steyn, Ian Cameron, the Chair of Parliament's Portfolio Committee on Police, slams former Police Minister Senzo Mchunu for setting the Hawks on a satirist. “..it’s just absolutely ridiculous, ludicrous to say the least - and that they would fly down a team from Johannesburg to come and waste time when there's actual real crime to fight. So proper North Korean-style operation…” Cameron calls 40 gunmen taking control of a municipal council in Northwest a “municipal coup d’etat". He says it begs the question whether we could expect “more on a provincial and even a national level” and says “this is exactly one of the reasons we should fight against the disarming of lawfully armed citizens”. Commenting on delays in the launch of the Ad Hoc committee that has to hear the Mkhwanazi allegations of Police Capture, Cameron says it is “extremely frustrating process…we continued to see the delays move forward. We just kept on hearing more excuses for things not happening. And now we're already more than a month in since when we could have started work in the beginning of August, and we still haven't finalised the programme”. Meanwhile, he laments the “bloodbath” on the Cape Flats. “…in the top 30 stations in the Western Cape, over the last month of August, we saw over 300 people being murdered. The impression is given that the police are doing what they can, but to be honest with you, they're not. They don't have the capacity even if they wanted to.”
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The Business Show: Kooyman on big banking shake-ups - ABSA, Nedbank, Capitec in the spotlight
From ABSA’s revolving-door leadership to Nedbank’s African retreat and Capitec’s bold push into Mexico, banking guru Kokkie Kooyman unpacks the seismic shifts shaping South Africa’s financial sector. With execs playing “musical chairs” across institutions and global interest rates in flux, Kooyman tells BizNews why investors should watch the banks closely — and why culture, confidence, and dividends matter more than ever
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Wayne Sussman: Municipal rule by the gun…
In his latest interview with Chris Steyn, elections analyst Wayne Sussman gives the backstory to gunmen taking control of a municipal council in Northwest where different factions of the African National Congress (ANC) are backing different mayors. “…this crazy scenario of the rival factions having gunmen in the municipality, gunmen near a council chamber, near the engine of this municipality, is greatly concerning, not just for our democracy, but also for service delivery in South Africa,” Sussman says. Furthermore, at least 148 municipal officials have been murdered since 2018 - and two by-elections in the space of seven days are because of assassinations. “… people resort to literally killing their opponents,” he says. Sussman gives an in-depth analyses of the by-election results of the last two rounds with trends showing that the Patriotic Alliance continues to “do a lot of damage” to the ANC, but that its support remains “absolutely rock solid" in Limpopo and in the Eastern Cape. Meanwhile, the Democratic Alliance had a “morale boosting" victory in the Northern Cape.
South Africa