The Money Show Podcast

The Money Show

Radio 702
An archive of each full weekday episode of the award-winning program presented by Bruce Whitfield.
2% GDP growth in SA if Eskom keeps up its current pace
Joining host Ray White to talk about Bank of America's prediction that South Africa's GDP may increase by 2% provided Eskom continues to make progress and maintain a steady power supply is Siobhan Redford, economist at RMB. Redford emphasizes the significance of dependable electricity for economic growth. Four of the six companies that the US added to its list of companies facing trade restrictions on Tuesday had ties to China's military training, according to a government announcement. According to the posting, their links to the South African Test Flying Academy and their use of Western and North Atlantic Treaty Organization (NATO) sources for training China's military forces made the addition of Grace Air (Pty) Ltd and Livingston Aerospace Limited of the United Kingdom, as well as Global Training Solutions Limited and Smartech Future Limited of China, possible. In order to explore the subtleties of this topic, host Ray White is joined by Erika Gibson, Senior Specialist Reporter from Media24. Shawn Marshall is reinventing the wardrobe for the contemporary consumer by fusing classic tailoring with a simple, casual look to produce hybrid items that work for any setting. Founder: Shawn Marshall Tsoka is a youthful, determined businessman who attended the University of Pretoria to study investment management. He never received a professional degree in fashion, but he has always studied the business, keeping an eye on trends and developing an own, chic sense of style. See omnystudio.com/listener for privacy information.
Jul 5, 2024
38 min
Global giants are abandoning SA's enormous gas discovery due to dissatisfaction with the government, insiders claim.
Insiders allege that global megacorporation are abandoning South Africa's massive gas discoveries due to unhappiness with its administration. There is rising speculation that TotalEnergies will withdraw from its offshore gas finds in South Africa. The project's major partner, the Canadian business CNR International, has already stated its desire to depart. Although other parties have 30 days to make a choice, African Energy Corp has announced that it will move forward. Lumkile Mondi, Senior Lecturer at Wits Business School, speaks with host Ray White about the catastrophe.  Markets Commentary Grant Nader, Portfolio Manager of Benguela Global Fund Managers, joins host Ray White to discuss the day's market changes and the most recent events in business and finance. The future of SAA as it rebuilds South African Airways plans to quadruple the number of destinations served from its Johannesburg base by the end of April as it restructures its operations to focus on domestic and international travel following the failure of an investor deal. Guy Leitch, Editor of SA Flyer Magazine, joins presenter Ray White to examine the nuances of this topic. Gauteng citizens should not expect any substantial change after the premier 'recycled failed leaders'. With seven key positions in Premier Panyaza Lesufi's provincial cabinet, the Gauteng African National Alliance (ANC), which received 36.4% of the vote in May 29 polls, raised worries about the viability of the government of provincial unity. Ray White, host, discusses with Wayne Duvenage, CEO of Organization Undoing Tax Abuse (Outa), about the complexities of this story. The impact of the DTIC's recent leadership appointments on the business sector Given that industrial policy is once again popular in many economies, business and policy experts anticipate that Parks Tau, the newly appointed Minister of Trade, Industry, and Competition, will prioritize initiatives that support important industries, particularly those connected to the growing green economy. Nadia Rawjee, director of Uzenzele Holdings, discusses how the new leadership role will affect numerous company's operations. Small Business Focus: Understanding Your Business Purpose and Why It Matters A brief sentence (or two) that encapsulates the reasons you started your company is your business objective. It could be narrowly focused on a particular industry or sufficiently broad to cover additional and future company operations. You must distinguish the business purpose from your organization's vision or goal in order to understand it. In an interview with host Ray White, Aurik Business Accelerator CEO Pavlo Phitidis expands on this. Investment School: Is the Rand a Significant Factor in Offshore Investing? Investors understand that there are good reasons to invest abroad, such as the preservation of "hard" currency spending power, lower risk associated with emerging markets and South Africa, access to asset classes, industries, and companies not available in South Africa, and diversification benefits. Nonetheless, they frequently expend a remarkable amount of effort attempting to forecast the direction of the currency. Ray White and Chantal Marx, the head of stock research at FNB Wealth and Investments, will talk about offshore investing and whether or not the rand matters. See omnystudio.com/listener for privacy information.
Jul 4, 2024
1 hr 21 min
Bidvest offers to sell its bank. Old Mutual gears up for a new bank. How the banking sector in SA is changing
Bidvest offers to sell its bank. Old Mutual gears up for a new bank. How the banking sector in SA is changing  Old Mutual's plan to rename its new lender OM Bank—which completed building its digital platform and infrastructure at the end of last year—and Bidvest Group's intention to find a buyer for its banking asset before the end of 2024 Kokkie Kooyman, Director and Portfolio Manager of Denker Capital, discuss how the banking landscape is changing with host Ray White. Bloated cabinet and Finance minister’s plans contain it with fugazi funds  The finance minister and the bloated cabinet's plans involve fugazi funds. Host Ray White speaks with Ndumiso Kubheka, Chief Economist at KH Research Equity Partners, and JP Landman, Political and Trend Analyst, on the implementation. Markets Commentary   Viv Govender, Portfolio Manager at Rand Swiss, speaks to host Ray White to discuss the day's market movements and the latest developments in business and finance. Status of the mining sector: retrenchments and illegal strikes  Among the many challenges confronting the mining industry, layoffs and unlawful strikes have had a significant influence in recent years. As a result, there has been volatility in the mining business. Furthermore, there are losses from taxes, royalties, employment, output, and investment. Host Ray White is joined by Andrew Levy, Labour Analyst of Andrew Levy & Associates, to provide us with an in-depth account of the nuances of the mining business. Shoprite provides online purchasing and bulk delivery for small businesses and spaza stores. Major obstacles that smaller retailers and spaza stores usually have to deal with include high fuel and transportation costs and difficulties meeting demand in the unofficial retail sector. Furthermore, overstocking can result in expensive carrying costs, an increased risk of theft, and cash flow issues. The wholesaler Shoprite has entered the e-commerce space by launching a cutting-edge digital solution for its Cash & Carry stores. In this segment, host Ray White is joined by Mark Cotton, Head of B2B eCommerce of the Shoprite Group, to offer more details. Business Unusual Richard Mulholland, the founder of Missing Link Social, speaks with host Ray White on how social norms conflict with market norms. Additionally, he clarifies why we ought to exercise caution while asking for discounts and freebies, even from friends. Consumer Ninja- The FAIS Ombud can now handle claims up to R3.5 million, as opposed to the previous cap of R800,000 Consumer Ninja Wendy Knowler joins Ray White to talk about the FAIS Ombud and how they can now process claims up to R3.5 million instead of the R800,000 cap that has been in place for more than 20 years. Shapeshifter - Evan Jones ,  CEO of The Collective X  As CEO and board member of The Collective X, Evan Jones is the driving force behind the organization. In addition to enhancing young digital skills, boosting employment, and injecting a substantial R300 billion into the South African economy, the project seeks to treble the nation's output of in-demand digital jobs in the next three years. Host Ray White chats with Evan Jones, CEO of The Collective X, in today's shapeshifter feature. Evans offers further background.  See omnystudio.com/listener for privacy information.
Jul 3, 2024
1 hr 23 min
Standard Bank's major breach issues
Standard Bank's major breach issues Customers who believed their bank accounts had been compromised filed many complaints on the Standard Bank X handle (@StandardBankZA) on Tuesday morning. Many of them said that they were unable to restrict their cards or accounts due to the lengthy wait in the bank's contact center queue. In an interview with host Ray White, Steven Ambrose, MD of Atvance Intellect, addresses possible causes of the disruption. The JSE and bonds are benefiting from the election results. The South African stock market has risen by 2% since the May election, which yielded positive results for the market. Following the unveiling of the government of national unity (GNU) cabinet on Monday, the JSE closed higher. Along with host Ray White, Dawie Roodt, founder, director, and chief economist of the Efficient Group, adds more context. Market Commentary  Norman Mackechnie, an independent investor, joins host Ray White to discuss the current status of the world markets in today's market commentary. Caxton brings out the grave worry about Media24. Caxton and CTP Publishers have expressed concern about the closure of certain Media24 news properties once again, claiming that the latter had offered options but chose not to accept them. In order to offer more context to this topic, host Ray White chats with William Bird from Media Monitoring Africa. 702 Walk the Talk: Hospitality packages and how corporates may purchase them This year's 702 Walk the Talk, presented by the City of Tshwane, commemorates 30 years of democracy as we walk together through our capital, beginning in Freedom Park, past important historical sites along the way, and ending on the magnificent lawns of the Union Building. Dany Blumberg joins host Ray White to explain how organizations and businesses can obtain hospitality packages and how corporations can acquire them. Signals: What the fall of the Roman Empire can teach us about the current decline of the US Hywel George, director of investments at Old Mutual Investment Group, talks about how the fall of the Roman Empire can teach us about the current status of the United States in a conversation with host Ray White. Africa Business Report Author of Rumble in the Jungle Reloaded and founding director of Tribe Africa consulting, Dr. Rutendo Hwindingwi, examines the most important business stories from around the continent in conversation with host Ray White. Personal Finance: Building a silent path to financial independence Co-founder of Galileo Capital Warren Ingram speaks with host Ray White on many ways to subtly compound one's way to financial freedom. See omnystudio.com/listener for privacy information.
Jul 2, 2024
1 hr 20 min
GNU cabinet receives mixed reaction
The CEO of Business Unity SA, Cas Coovadia, the chancellor of the University of the Free State and a former president of Business Unity South Africa, and managing director of Krutham, Peter Attard Montalto, discuss the recently announced cabinet and the Government of National Unity (GNU) with host Ray White. JSE lists Rainbow Chicken Rainbow Chicken Limited satisfies all JSE requirement. Commencing on June 26, 2024, its shares will be listed on the Main Board of the JSE.  Business Book feature -   Optimal by  Daniel Goleman Daniel Goleman, the author of Optimal, discusses how to maintain organizational and personal excellence on a daily basis in his most recent book. Which, in this timely and helpful book, emphasizes the importance of emotional intelligence (EI) and how it impacts both personal and professional life. Ian Mann, an MD at Gateways Business Consultants and a frequent book critic, is interviewed by host Ray White. How I Make Money - with Executive Headhunter  Verushka Singh Verushka Singh is a Principal Consultant at Amrop Woodburn Mann in South Africa, with over 15 years of expertise in the recruiting market. She speaks with host Ray White on what she looks for as a headhunter. See omnystudio.com/listener for privacy information.
Jul 1, 2024
1 hr 19 min
Disputes over cabinet posts leave GNU on shaky ground. What’s next for SA ?
•    Controversies about cabinet posts threaten GNU. What comes next in SA? Independent political analyst Khaya Sithole and senior lecturer Lumkile Mondi of Wits Business School give more background on the reforms in a conversation with broadcaster Ray White.The case of the wobbly GNU and wobbly currency •    The host, Ray White, discusses South Africa's precarious GNU and currency position with Andre Cilliers, Director and Currency Strategist at TreasuryONE.Friday File -Mmakuba Lodge- Where nature touches your soul. •    Under the warm rays of the South African sun, the intriguing Mmakuba Private Game Lodge is only a two-hour drive from Johannesburg's busy city center. Director of Mmakuba Private Game Lodge, Refiloe Mufamadi speaks to host Ray White to tell us more.See omnystudio.com/listener for privacy information.
Jun 28, 2024
38 min
ONE THING - that might radically change the nation's course toward a more prosperous future and have a knock-on effect on society and the economy.
•    Presenter Bruce Whitfield moderates a conversation about "ONE THING" with Dr. Imtiaaz Sooliman, founder of Gift of the Givers; Alan Knott-Craig Jr., former CEO of iBurst and Mxit and current chairman at Isizwe.com; and Judy Dlamini, Chancellor of the University of the Witwatersrand and founding chairman of Mbekani Group. This one thing might fundamentally lead the country toward a more affluent future by having a knock-on effect on society and the economy.  •    "The ONE Thing," a lecture by GIBS professor Adrian Saville, has the ability to significantly affect the country's economy and society and bring about future success. Host Bruce Whitfield receives a vote of gratitude from Alastair Teeling-Smith of 702 Programming and Tessa Van Staden of 567 Cape Talk Programming for their friendship and 20 years of business updates.  •    Bruce Whitfield discusses "The ONE THING" that would make South Africa investable with Tito Mboweni, a former governor and minister of finance; Hendrik Du Toit, CEO of Ninety-One; Mark Barnes, executive chairman and CEO of Purple Group and the former CEO of the SA Post Office and Dr. Richard Friedland, CEO of Netcare.See omnystudio.com/listener for privacy information.
Jun 27, 2024
1 hr 23 min
The economy and ONE THING
•    Bruce Whitfield, the host, speaks with Governor Lesetja Kganyago of the South African Reserve Bank on the "one thing" he thinks can hasten the country's economic development. •    Host Bruce Whitfield and Katlego Maphai, CEO of Yoco, explore the "one thing" that could further strengthen South Africa's start-up and small business sectors. •    Adrian Gore, the founder and group chief executive officer of Discovery Limited; Sim Tshabalala, the CEO of Standard Bank Group; and Cumesh Moodliar, the CEO of Investec Bank, join Bruce Whitfield to talk about the "one thing" that, in their individual perspectives, would improve South Africa's banking, investment, and economic sectors. See omnystudio.com/listener for privacy information.
Jun 26, 2024
1 hr 19 min
Personal Finance: ONE thing that can change household personal finances.
•    The hosts, Bruce Whitfield, Maya Fischer-French, Personal Finance Journalist at Maya on Money, Gugu Sidaki, Director and Wealth Manager at Wealth Creed, and Warren Ingram, Co-Founder of Galileo Capital, discuss their 'one-thing' that can improve a household's personal finances. •    In an interview with Bruce Whitfield, Dr. Frank Magwegwe, Head of Financial Wellness and Advisory at Nedbank and GIBS faculty member, Nicky Newton-King, Former CEO of the Johannesburg Stock Exchange and Chairman of the Stellenbosch University Council NED, and Mike Abel, Chief Executive Partner and Co-Founder of M&C SAATCHI ABEL discussed how the economy and society are impacted by a butterfly effect and how it has the potential to drastically alter the trajectory of events in the country toward greater prosperity. •    Bruce Whitfield, host, speaks with Dr. Rutendo Hwindingwi, the founding director of Tribe Africa consultancy and author of Rumble in the Jungle Reloaded, and Dianna Games, the CEO of Africa At Work, about 'ONE THING' that South Africa can do to further the continent.See omnystudio.com/listener for privacy information.
Jun 25, 2024
1 hr 21 min
Prosus swings its e-commerce business into first-ever profit. How I Make Money
 Ervin Tu, interim CEO of Naspers &  Prosus takes Bruce Whitfield through the company’s financial results and also discusses management changes of the group as it welcomes a new chief executive.  Futurologist and Independent Scenario Planner Clem Sunter and  Co-Founder at Retroviral Mike Sharman speak to Host Bruce Whitfield about one thing they would implement that would have a multiplier effect through the economy and what that would practically look like in this day and age  Ghaleb Cachalia, a Former DA MP and Public Enterprise Spokesperson, speaks candidly with Host Bruce Whitfield about how GDP isn't an accurate measure of the improvement of the plight of the disadvantaged and impoverished and to share more of his thoughts. Worldwide supplier of cutting-edge customised development and selection solutions for people, groups, and organisations. Based on their comprehensive suite of digital psychometric resources, they develop and provide state-of-the-art products that certify and assist a global community of Practitioners with an emphasis on organisational transformation. Nicole Sorrell, co-founder and global director of Lumina Learning, speaks with host Bruce Whitfield to provide further context.  See omnystudio.com/listener for privacy information.
Jun 24, 2024
1 hr 22 min
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