Kokkie Kooyman on the departure of Daniel Mminele from ABSA

Kokkie Kooyman on the departure of Daniel Mminele from ABSA

Denker Capital's executive director told the BizNews Power Hour that Mminele's departure could be linked to the Absa Money Market saga.Absa announced on Tuesday that CEO Daniel Mminele is leaving the company, over non-alignment on matters of strategy and culture transformation with top executives –

  Jarryd Neves
Piet Mouton on the SA economy and PSG stable

Piet Mouton on the SA economy and PSG stable

In this interview on the BizNews Pour Hour, CEO of the PSG Group Piet Mouton shares his thoughts on the South African economy and the underlying businesses within the PSG stable. Already out of fashion, investment holding companies have been further hampered regarding unfavourable tax legislation pe

  Justin Rowe-Roberts
Steinhoff requires creditors green light for Pepco IPO

Steinhoff requires creditors green light for Pepco IPO

Embroiled multinational retailer Steinhoff has announced plans to list its crown jewel, discount retailer Pepco in an Initial Public Offering (IPO) on the Polish exchange. Pepco, which operates in a number of jurisdictions throughout Europe, is Steinhoff’s best-performing asset and is valued at appr

  Justin Rowe-Roberts
Investigation finds Eskom contracts were given out in return for ANC funding

Investigation finds Eskom contracts were given out in return for ANC funding

Eskom has been embroiled in numerous corruption scandals over the years. A recent investigation has uncovered further dishonest and suspicious activity, involving Thandi Marah. Then the senior manager of business enablement for the SOE, Marah allegedly interfered in a tender process. This allowed fo

  Jarryd Neves
Aspen’s Stephen Saad on South Africa’s vaccination rollout

Aspen’s Stephen Saad on South Africa’s vaccination rollout

Saad shares his insights on the pharmaceutical industry, the distribution of the vaccine and threat of Covid-19 variants.In this interview, BizNews editor-at-large Jackie Cameron talks with Aspen Pharmacare’s CEO and co-founder Stephen Saad on South Africa’s vaccination rollout plans and the status

  Justin Rowe-Roberts
Mark Barnes backs banks amid failed R200bn loan scheme

Mark Barnes backs banks amid failed R200bn loan scheme

Maverick businessman Mark Barnes gives his insights into the failed R200bn loan guarantee program, of which only 10% has been utilised.Maverick businessman Mark Barnes, who’s been at the forefront of institutions such as Standard Bank, Brait, Purple Capital and the South African Post Office gives hi

  Justin Rowe-Roberts
PIC says gold merger must benefit SA and shareholders

PIC says gold merger must benefit SA and shareholders

Sibanye-Stillwater CEO Neal Froneman made headlines a fortnight ago when he said that a merger of South African gold companies is in the best interest of the country. He told BizNews editor at large Jackie Cameron, “we’re all going to either get consolidated internationally or we can do the consolid

  Jarryd Neves
Covid-19 restrictions may tighten over Easter say insiders

Covid-19 restrictions may tighten over Easter say insiders

Government may tighten restrictions on gatherings and alcohol consumption to limit Covid-19 infections over Easter, according to insiders.As the Easter weekend approaches, many South Africans are preparing to travel for the long weekend. After a second wave of Covid-19 infections kept many at home o

  Melani Nathan
Sygnia’s Magda Wierzycka opens up on departure as CEO

Sygnia’s Magda Wierzycka opens up on departure as CEO

Magda Wierzycka talks about stepping down as CEO of Sygnia but still being involved, and drops some pearls of wisdom for entrepreneurs.Magda Wierzycka, founder of Sygnia Asset Management has stepped down from her position as co-CEO and leaves David Hufton at the helm. Her voice will still be heard i

  Melani Nathan
PIC holds Smile Telecoms cards

PIC holds Smile Telecoms cards

Smile Telecoms, a South African and Pan-African telecoms provider, is in dire financial straits. With an agreeable PIC, hundreds of jobs and millions of dollars could be saved. However, at this late stage in proceedings, the PIC no longer wants to play ball. The plan to keep the company afloat invol

  Charl Botha
Grand Parade Investments: Burger or King?

Grand Parade Investments: Burger or King?

Grand Parade Investments, a small cap investment holding company with a market capitalisation of a shade over R1.2bn, released its interim results for its half-year to 31 December 2020. Since listing on the Johannesburg Stock Exchange in August 2008, the company has struggled to take-off and a combi

  Justin Rowe-Roberts
Remgro: A play on the South African economy?

Remgro: A play on the South African economy?

Remgro, which holds a variety of different investments, released its interim results which underscore a strained South African economy.Remgro, an investment holding company which holds a variety of investments over a number of different industries, released its half-year results which underscore a s

  Justin Rowe-Roberts
Sabvest: Buy, Hold, or Sell?

Sabvest: Buy, Hold, or Sell?

Sabvest is a small-capitalisation investment holding company. It is listed on the JSE under the stock market ticker SBP. It’s essentially a smaller version of a Remgro, PSG, or HCI. As the name suggests, investment holding companies invest in a portfolio of assets/businesses, both listed and unliste

  Charl Botha
Mulling over private education companies with Ari Katz and David Shapiro

Mulling over private education companies with Ari Katz and David Shapiro

Following the release of ADvTECH results, Boston City Campus CEO Ari Katz and David Shapiro joined BizNews to talk listed education companies.Ari Katz, CEO of Boston City Campus, joined BizNews Power Hour host Alec Hogg to look at the situation listed education companies find themselves in. With ADv

  Jarryd Neves
The Lewis Group: JSE bargain hunting

The Lewis Group: JSE bargain hunting

Value investor Piet Viljoen singled out a few hidden gems on the JSE, one of which is the Lewis Group, an unloved and overlooked company.At the BizNews Investment conference last week held at Champagne Sports Resort nestled in the midst of the beautiful Drakensburg mountains, value investor Piet Vil

  Justin Rowe-Roberts
Longing the shorts with Jean Pierre Verster

Longing the shorts with Jean Pierre Verster

In this interview with BizNews editor-at-large Jackie Cameron, Protea Capital Management Founder and CEO Jean Pierre Verster talks about the intricacies of the hedge fund industry. Jean Pierre, best known for his successful shorts of African Bank and Steinhoff, gives his insights on the local and of

  Justin Rowe-Roberts
Piet Viljoen: Finding the hidden gems on the JSE

Piet Viljoen: Finding the hidden gems on the JSE

One of the speakers at the BizNews Investment Conference, Counterpoint value fund manager Piet Viljoen explains the concept of value investing and where pockets of opportunity can be found on the Johannesburg Stock Exchange.Piet Viljoen on hidden gems and what not to look for:To define what we’re lo

  Jarryd Neves
Prudential CEO Bernard Fick outlines ownership changes

Prudential CEO Bernard Fick outlines ownership changes

Prudential CEO Bernard Fick joined the BizNews Power Hour, speaking to the team about changes to one of the country’s largest investment managers. The company recently issued an announcement, outlining ownership changes and even the possibility of a name change. Fick summarised the details and also

  Jarryd Neves
Tax-free savings – the only ‘free lunch’ in the world of investing

Tax-free savings – the only ‘free lunch’ in the world of investing

Candice Paine of PR Financial Services evaluates the benefits of tax-free savings. The longer you save, the bigger the tax saving', says Paine.Candice Paine, of PR Financial Services, explains the benefits of tax-free investments. ‘The longer you save, the bigger the tax saving’, says Paine. An indi

  Jarryd Neves