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150

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Oct 2026

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Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.

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October 16, 202634 min

BN Edge | Sygnia’s founder Magda Wierzycka says it’s time for the firm to reinvent or vanish

A week before Sygnia shareholders vote on an expanded share incentive scheme, Magda Wierzycka was not playing defence. Responding to a Financial Mail report that cast the plan as an enrichment scheme, she told Alec Hogg it was about holding on to a long-serving executive team and being able to hire a CFO, or a successor CEO, at today's market rates. Then she went further. With 30 days' notice and no restraint of trade, she said a weak vote would leave her asking whether she still wants to work for other shareholders, at a time when she believes stakes in private giants like Anthropic, OpenAI and SpaceX can make her more than Sygnia has in 20 years. She also said the dispute with former partner Andre Crawford-Brunt was settled, previewed a fund giving South African investors access to those companies, and warned that every division at Sygnia would have to be rebuilt for the AI era.

October 16, 202618 min

From 185km/h on gravel roads to the ice of Sweden, Max Smart carves a new path in world rallying

South African rally driver Max Smart won Africa’s place in the FIA Rally Star Programme, where he raced for three years, and went on to the Junior World Rally Championship. Now competing in Spain, he leads the Spanish Gravel Rally Championship for PCR Sport by a single point going into the final round in Granada. In an interview with BizNews, Smart talks about winning a stage on ice in Sweden having never seen snow, and how he has come up with a way to finance the R600,000 a rally cost of competing, which includes his 20 Club sponsorship programme and learning the skills of a mechanic in his team’s workshop. And where did it all start? With a video game, and a momager who helps him keep it going. As a young driver going it alone, he is still building the partnerships that will keep his Ford Fiesta Rally2, “an absolute monster” of a car, on the road. - Linda van Tilburg

October 16, 202635 min

BN Edge | Michael Marchant: how a Zimbabwean tycoon parked his fortune in SA

Wicknell Chivayo handed out Rolls-Royces, posed with piles of cash and bought a R160 million home in Clifton. Then, days after Open Secrets asked the Hawks to investigate how R800 million from a Zimbabwean election contract landed in his South African accounts, his helicopter came down outside Harare. Michael Marchant, head of investigations at Open Secrets, traced how a man with a fraud conviction and a decade of damaging headlines moved money through South African banks, estate agents and luxury car dealers, and why the presidents who praised him at his funeral may have their own reasons to keep the myth alive. He argued this was never only Zimbabwe's problem: with his estate now up for grabs and a fresh FATF review looming, the Chivayo case had become a test of whether South Africa can stop being a parking lot for the continent's dirty money.

October 16, 202613 min

BN Daybreak: Saunderson-Meyer on MK after Zuma; PA's Cilliers hits back at DA; Chivayo's R800m trail

William Saunderson-Meyer tells Alec Hogg that MK will outlast Jacob Zuma: dead or alive, Zuma has shaped South African politics, and any ANC recovery has to run through a party he expects to grow and to take control of Durban's council. Patriotic Alliance co-founder Charles Cilliers hits back after the DA's Tertuis Simmers called the PA a criminal enterprise, accusing him of insulting poor voters. Open Secrets' Michael Marchant traces how the late Wicknell Chivayo's inflated R1 billion Zimbabwean election contract pushed R800 million into South African accounts. Plus the latest from Wall Street.

October 15, 202624 min

Jaundiced Eye: WSM on MKP, the Zuma factor, and the KZN battleground

Is Jacob Zuma the glue holding MK together, or has the party already outgrown him? In the first of his weekly conversations with Alec Hogg on BizNews, William Saunderson-Meyer, whose Jaundiced Eye column has run every week since 1993, said he didn't buy the common wisdom. He argued that MK had tapped a deep well of grievance against the ANC, that it stood to grow in the local elections, and that the ANC's road back to power may run through MK. He sized up Duduzane Zuma as heir apparent, compared the family's split to Romulus and Remus, and described Gayton McKenzie as a hyena of the political wilderness. Then he laid out one set of numbers he keeps coming back to, and why it should worry anyone counting on a weaker ANC.

October 15, 202649 min

BN Edge | Zille, Simmers and the DA's coalition problem: with the PA's Charles Cilliers

Earlier in the week, the DA's Tertuis Simmers sat in the same BizNews studio and called the Patriotic Alliance a criminal enterprise dressed up as a party. Charles Cilliers, the PA co-founder and former newspaper editor who wrote Gayton McKenzie's life story, came back with his reply. He told Alec Hogg what he made of the vote-buying claims in George, why he believes the DA cannot lead a coalition, and his version of the Joburg deal that collapsed over a single mayoral committee post. He took on the Beaufort West fundraising questions and the "coloured nationalist" label, and explained why the PA would still hold its nose and work with a party it finds nauseating. He would not say what the PA's first demand will be if it holds the balance of power after 4 November.

October 15, 202644 min

BN Edge | Can Lesaka do to SA's big banks what fintech did in Brazil?

The company once known as Net1 has just posted its first full-year profit and is telling the market to expect adjusted earnings to compound at more than 40% a year. Executive chairman Ali Mazanderani, who says he has helped build seven multibillion-dollar fintechs from Brazil to Europe, told Alec Hogg why he believes South Africa's big banks are structurally unable to win the township economy, and why local capital has been too cautious to back the challengers. He also set out what the pending Bank Zero deal would do to Lesaka's debt, why nine in ten South African merchants still don't take card payments, and why he accepted a pay deal that only works if the share price does.

October 15, 202617 min

BN Daybreak: DA to win NMB outright?; Ndletyana on Zuma, MK; Lesaka's growth; Wall Street latest

Nelson Mandela Bay has been through nine coalitions in ten years by Retief Odendaal's count, and the DA's mayoral candidate said he would not try to run a ten-party government again. Political scientist Professor Mcebisi Ndletyana, co-author of The Zuma Effect, explained why Jacob Zuma's comeback came as no surprise to him, and why he believes MK is as chaotic as the man who founded it. Lesaka executive chairman Ali Mazanderani argued that the market was already waking up to the fintech's story, and that cash was not coming back. Reuters rounded off the show with the latest from Wall Street.

October 14, 20261 hr 6 min

The Zuma Effect: the plots and the power plays

Jaco Zuma’s ambition to become president of South Africa was rooted in personal interests: to evade the law and assuage his dire financial circumstances - and his faction used chilling tools to get and keep him in power for as long as possible. So says political scientist Professor Mcebisi Ndletyana, the co-author of the “The Zuma Effect”, a five hundred-page work regarded as the definitive work on the Zuma era. In this interview with Chris Steyn, he describes what happened behind the scenes with the making of a personality cult, the remaking of the African National Congress (ANC), the disbandment of The Scorpions, the manipulation of the National Prosecuting Authority (NPA) and other law enforcement institutions, as well as Zuma’s “intelligence project” Public Protector Busisiwe Mkhewebane. “So you have these series of undeserving people who don't expect to have these positions on their own merit. They're shocked that they're even appointed. So they spend most of their time paying back this debt to the president for doing something that they never thought they would ever achieve in their lives.” As for Zuma’s “revenge” MKP, Professor Ndletyana says: “MKP couldn't escape Zuma's personality because JZ believes in personalised rule. So he's formed the party in his own image. When Zuma dies, the party dies.”

October 14, 202634 min

BN Edge | Dry taps, broken services, no management: can Nelson Mandela Bay be saved?

Retief Odendaal ran Nelson Mandela Bay for eight and a half months before a no-confidence vote removed him in 2023. Three weeks out from the 4 November local elections, with a new poll putting the DA and ANC almost level in the metro, the DA's mayoral candidate told Alec Hogg why his party has gone to court to make mayor Babalwa Lobishe personally liable for leasing a R25m municipal transformer to a private company. He laid out how a metro with cash in the bank keeps handing infrastructure money back unspent, why he says its top management posts sit empty, and why he will not sign up for another ten-party coalition. He also explained why, despite all of it, he still calls Nelson Mandela Bay the country's most fixable metro.