Altvest: Rethinking the way people invest

Altvest: Rethinking the way people invest

"Altvest is a great way for the man or woman on the street to be able to invest. This democratises investing," says Rob Hersov.Joining the BizNews Power Hour are the directors of Altvest, an exciting company that aims to transform the way people invest in companies. Warren Wheatley, Koshiek Karan an

  Jarryd Neves
‘Owning Naspers shares comes with existential risk’ – Piet Viljoen

‘Owning Naspers shares comes with existential risk’ – Piet Viljoen

Piet Viljoen weighs in on the fate of Naspers and Prosus, given that their primary driver - internet giant Tencent - has been one of the worst affected tech companies.Counterpoint’s Piet Viljoen joined the BizNews Power Hour to weight in on the fate of Naspers and Prosus, given that their primary dr

  Nadya Swart
Naspers tests positive for the China virus – Steven Nathan

Naspers tests positive for the China virus – Steven Nathan

10x Investments founder Steven Nathan joins Alec Hogg to share his rational perspective as the BizNews Power Hour’s regular Tuesday co-host. Nathan delves into the regulatory crackdown happening in the East, with Tencent having fallen as much as 40% over the past six months. This has directly affect

  Justin Rowe-Roberts
It’s Mayday for Mango airlines – SA Flyer’s Guy Leitch

It’s Mayday for Mango airlines – SA Flyer’s Guy Leitch

Aviation analyst Guy Leitch discusses what's happening with SAA subsidiary Mango as the airline enters business rescue.Aviation analyst and airline focused magazine owner Guy Leitch joins BizNews founder Alec Hogg to discuss what’s happening with South African Airways (SAA) subsidiary Mango as the a

  Justin Rowe-Roberts
Bitcoin brothers – “we were forced to flee South Africa”

Bitcoin brothers – “we were forced to flee South Africa”

Known as the ‘Bitcoin brothers’, Ameer and Raees Cajee raised eyebrows across the globe when the siblings allegedly disappeared with over $3.6bn in Bitcoin and other cryptocurrencies. However, in an affidavit, Raees has said that the narrative of he and his brother fleeing the country is simply not

  Jarryd Neves
Kumba’s remarkable run is nothing short of a fairytale story

Kumba’s remarkable run is nothing short of a fairytale story

In 2016, Kumba was trading below R30 per share with a market cap below R10bn. This morning Kumba announced an interim dividend of R72.70.Kumba Iron Ore’s performance over the past five years or so has been nothing short of remarkable. Given that resource counters are price takers, this phenomenal ri

  Justin Rowe-Roberts
Sandton City owner Liberty2Degrees limp through Covid

Sandton City owner Liberty2Degrees limp through Covid

Liberty Two Degrees announced its half-year numbers before the opening bell this morning, with the landlord showing improved performance.Sandton City mall owner Liberty Two Degrees released its half-year numbers before the opening bell this morning, with the landlord showing improved performance aga

  Justin Rowe-Roberts
South Africa: Where to from here? – Magnus Heystek, Claude Baissac weigh in

South Africa: Where to from here? – Magnus Heystek, Claude Baissac weigh in

The recent looting and civil unrest in parts of South Africa has raised a number of concerns. Listen in on this excerpt from a BizNews webinar, featuring Brenthurst Wealth Management‘s Magnus Heystek and Claude Baissac of Eunomix. Together with Alec Hogg, the group concentrate on what to do with you

  Jarryd Neves
Recent riots leave Toyota feeling “very uncertain” about future in KZN

Recent riots leave Toyota feeling “very uncertain” about future in KZN

Toyota regional officer for Africa said the recent spate of riots have a significant impact on its plans to further invest in SA, reports MyBroadband.Bloomberg recently reported on the consequences last week’s rioting and looting has had on the already weak South African economy. Over 3000 shops hav

  Jarryd Neves
Karoooo’s 100 million vehicle market – a bullish Chris Logan

Karoooo’s 100 million vehicle market – a bullish Chris Logan

Founder of Opportune Investments Chris Logan sits down with the BizNews team to unpack Karooooo, formerly Cartrack, quarter one update which was released to the market in line with more stringent Nasdaq reporting requirements. Logan is one of the few top South African analysts that cover the stock i

  Justin Rowe-Roberts
SA economy may take R50bn hit from violent riots, looting

SA economy may take R50bn hit from violent riots, looting

A week of deadly riots in SA could cost the economy about R50 bn in lost output, while 150,000 jobs have been placed at risk, the Presidency said.As the dust settles in South Africa, we’re finally able to see the extent of the damage done by looting, protesting and riots that gripped parts of the co

  Jarryd Neves
“We are all in SA to be part of the solution” – Steven Nathan

“We are all in SA to be part of the solution” – Steven Nathan

10X founder Steven Nathan is upbeat about South Africa's prospects going forward after the chaotic events that unfolded last week.10X founder Steven Nathan is the BizNews regular Tuesday co-host on the Power Hour with the ex-fund manager upbeat about South Africa’s prospects going forward after the

  Justin Rowe-Roberts
Karooooo global growth journey intact despite Mr Market being moody

Karooooo global growth journey intact despite Mr Market being moody

Cartrack, a wholly owned subsidiary of Nasdaq and JSE-listed Karooooo, released its financial results for the first quarter of its 2022 financial year. Since Karooooo is now listed on the Nasdaq in the US, the reporting requirements are more stringent, hence a first quarter update has been announced

  Justin Rowe-Roberts
All SA cities painted with same junk brush, Cape Town Dep Mayor disputes rating

All SA cities painted with same junk brush, Cape Town Dep Mayor disputes rating

“We’re able to deliver on our budget and plans. We don’t see any merit in this [Moody's] downgrade,” says Cape Town Deputy Mayor Ian Neilson.A Moody’s Investors Service report downgraded five South African cities, placing them into junk territory. Among them is Cape Town, a city that, last month, re

  Jarryd Neves