1 00:00:01,480 --> 00:00:05,720 Speaker 1: And now The Money Show with Stephen credits on seven 2 00:00:05,760 --> 00:00:06,160 Speaker 1: oh two. 3 00:00:06,680 --> 00:00:07,600 Speaker 2: Let's walk little. 4 00:00:07,760 --> 00:00:09,760 Speaker 3: The Money Show with Stephen Curtis has brought to you 5 00:00:09,760 --> 00:00:13,760 Speaker 3: by Abscess CIB Proud Sole Leader Ranger and Infrastructure Finance 6 00:00:13,880 --> 00:00:17,400 Speaker 3: Structuring Agent of the South African National Treasuries eleven point 7 00:00:17,440 --> 00:00:21,200 Speaker 3: eight billion round Infrastructure and Development Finance Bond. Good evening, 8 00:00:21,200 --> 00:00:24,000 Speaker 3: Welcome to the program. I'm Stephen Curtis. Eight minutes after six. 9 00:00:24,079 --> 00:00:27,040 Speaker 3: This's Friday, the sort of last serious money Friday. I 10 00:00:27,080 --> 00:00:30,400 Speaker 3: suppose trade looking a little light on the JAZ still 11 00:00:30,400 --> 00:00:32,839 Speaker 3: interesting to watch some of the trends though, and wherever 12 00:00:32,880 --> 00:00:35,440 Speaker 3: I look at the moment, people are talking about next year. 13 00:00:35,520 --> 00:00:36,839 Speaker 2: That's fair. You would expect that. 14 00:00:37,320 --> 00:00:39,720 Speaker 3: And they're all very optimistic in some of the most 15 00:00:39,720 --> 00:00:43,000 Speaker 3: extraordinary ways. We've seen a lot of optimism for South Africa. 16 00:00:43,040 --> 00:00:46,760 Speaker 3: Reuters has a big piece today about optimism for emerging 17 00:00:46,800 --> 00:00:48,879 Speaker 3: markets through part of that, of course, and all of 18 00:00:48,920 --> 00:00:52,120 Speaker 3: that looking very very positive. I realize, of course that 19 00:00:52,159 --> 00:00:55,720 Speaker 3: one year doth not as summer make to really mangle 20 00:00:55,760 --> 00:00:58,760 Speaker 3: my metaphors, but it does sort of suggest there's a 21 00:00:58,800 --> 00:01:01,520 Speaker 3: lot of positivity around. I think it's also because we've 22 00:01:01,560 --> 00:01:04,240 Speaker 3: been waiting for so long for the wild to kind 23 00:01:04,240 --> 00:01:06,200 Speaker 3: of turn, and with a little bit of luck, it 24 00:01:06,319 --> 00:01:08,479 Speaker 3: is beginning to turn. So that's part of a talking 25 00:01:08,520 --> 00:01:10,840 Speaker 3: of which we'll speak to Chris y Ellend in a moment. 26 00:01:10,920 --> 00:01:13,360 Speaker 3: You know you hear that for that name. We're going 27 00:01:13,440 --> 00:01:16,160 Speaker 3: to talk about Eskim, but it's about virtual wheeling and 28 00:01:16,280 --> 00:01:19,280 Speaker 3: Escam's made a big move on that score. You'll have 29 00:01:19,360 --> 00:01:23,080 Speaker 3: been watching the Warner Brothers Discovery issue. Netflix wants to 30 00:01:23,160 --> 00:01:26,039 Speaker 3: merge with it, Paramount wants to buy it, but what 31 00:01:26,080 --> 00:01:29,160 Speaker 3: that means for you? And then the future of DStv. 32 00:01:29,280 --> 00:01:32,000 Speaker 3: Tinnis Ferrera, the TV critic. He'll be on your radio 33 00:01:32,040 --> 00:01:36,280 Speaker 3: in about ten minutes. We'll get some market commentary with Lukmgoni. 34 00:01:36,319 --> 00:01:39,360 Speaker 3: He's been looking forward to next year as well. And 35 00:01:39,400 --> 00:01:42,960 Speaker 3: then also we'll on Friday File just talk a little 36 00:01:43,000 --> 00:01:48,520 Speaker 3: bit about holidays, how to basically avoid common mistakes, particularly 37 00:01:48,560 --> 00:01:53,200 Speaker 3: while you're traveling. Sibisum quanazis travel right. And then don't 38 00:01:53,200 --> 00:01:56,840 Speaker 3: forget the Friday Biz Blitz as well. Before seven o'clock, 39 00:01:56,880 --> 00:01:58,720 Speaker 3: Good year from you, O double one double A three 40 00:01:58,760 --> 00:02:01,360 Speaker 3: oh seven O two and two one four four, six 41 00:02:01,480 --> 00:02:04,440 Speaker 3: of five six seven The Lney Show. 42 00:02:04,320 --> 00:02:08,080 Speaker 1: With Stephen Krudis live on ninety two point seven and 43 00:02:08,200 --> 00:02:11,440 Speaker 1: one six FM, streaming on the Prime Media Plus NAP 44 00:02:11,680 --> 00:02:14,200 Speaker 1: and DStv channel eight five six. 45 00:02:14,320 --> 00:02:16,880 Speaker 3: On the point of holidays, I've often wondered, how often 46 00:02:16,960 --> 00:02:19,320 Speaker 3: is it that you go online, you look at the rooms, 47 00:02:19,320 --> 00:02:21,960 Speaker 3: you look at the attractions, the water slides, whatever it is, 48 00:02:22,280 --> 00:02:24,480 Speaker 3: and you think, I'm going to go there? And how 49 00:02:24,520 --> 00:02:28,679 Speaker 3: often is it as good as it looks? And strangely, 50 00:02:28,720 --> 00:02:31,120 Speaker 3: because of the review system on so many websites, you 51 00:02:31,160 --> 00:02:34,640 Speaker 3: know they have good, bad, sort of ugly reviews, you 52 00:02:34,680 --> 00:02:36,799 Speaker 3: can actually get a pretty accurate picture of how good 53 00:02:36,840 --> 00:02:38,680 Speaker 3: it is. I mean, there's one place I've been to 54 00:02:38,760 --> 00:02:41,120 Speaker 3: I won't name it, which was so appalling, and from 55 00:02:41,160 --> 00:02:43,240 Speaker 3: time to time, when I'm bored or feeling miserable, I'll 56 00:02:43,240 --> 00:02:45,880 Speaker 3: go and read the reviews just to see what it's like. 57 00:02:45,960 --> 00:02:47,680 Speaker 3: And I mean, it's an art form to write a 58 00:02:47,720 --> 00:02:50,640 Speaker 3: bad review. I'm sure you've done the same. I know 59 00:02:50,720 --> 00:02:55,000 Speaker 3: there's a small literary niche genre of Amazon Amazon reviews. 60 00:02:55,000 --> 00:02:57,360 Speaker 3: People write whole stories and have soap operas in the 61 00:02:57,360 --> 00:03:01,720 Speaker 3: review section sometimes. But if I may ask, your best 62 00:03:01,880 --> 00:03:06,359 Speaker 3: and worst holiday surprise compared to what you are expecting 63 00:03:06,760 --> 00:03:09,520 Speaker 3: and what you actually got. Your best and worst please 64 00:03:09,560 --> 00:03:13,560 Speaker 3: on seven to seven O two one seven two. Maybe 65 00:03:13,600 --> 00:03:16,120 Speaker 3: don't mention the name of the place, but just the 66 00:03:16,200 --> 00:03:18,840 Speaker 3: story would be good. Your best and worst holiday surprise 67 00:03:19,639 --> 00:03:20,519 Speaker 3: The Money. 68 00:03:20,240 --> 00:03:24,960 Speaker 1: Show on seven os Monday till Friday, six to a pm, 69 00:03:25,160 --> 00:03:28,240 Speaker 1: eleven after six Well a fascinating explanation of quite an 70 00:03:28,280 --> 00:03:32,079 Speaker 1: important development by Eskim and the concept of virtual wheeling 71 00:03:32,160 --> 00:03:35,240 Speaker 1: today from the energy expert christieland He says Eskim has 72 00:03:35,280 --> 00:03:36,800 Speaker 1: started a process. 73 00:03:36,560 --> 00:03:39,280 Speaker 3: To build a platform that will manage the way power 74 00:03:39,360 --> 00:03:42,400 Speaker 3: is moved from one place to another and then sold. 75 00:03:42,440 --> 00:03:45,560 Speaker 3: In that movement of the power from producer A to 76 00:03:45,640 --> 00:03:48,480 Speaker 3: customer B is what is known as wheeling. For Chris 77 00:03:48,640 --> 00:03:51,520 Speaker 3: eland Is the is the energy analyst, and he joins us, Now, Chris, 78 00:03:51,600 --> 00:03:54,720 Speaker 3: good evening. I understand what wheeling is, but you're going 79 00:03:54,760 --> 00:03:57,800 Speaker 3: to have to start I'm afraid by explaining what virtual 80 00:03:58,080 --> 00:03:58,800 Speaker 3: wheeling is. 81 00:04:00,080 --> 00:04:05,520 Speaker 4: Now A good evening, Steven look. The traditional wheeling generally 82 00:04:05,560 --> 00:04:09,640 Speaker 4: takes place between a large generator or independent power producer 83 00:04:09,640 --> 00:04:13,360 Speaker 4: of renewal energy and a large off takeout, which could 84 00:04:13,400 --> 00:04:15,560 Speaker 4: be a mine or an industry et cetera. So it's 85 00:04:15,560 --> 00:04:19,720 Speaker 4: what we call one to one wheeling using the transmission 86 00:04:19,720 --> 00:04:24,360 Speaker 4: to the ESKIM network as the transport vehicle. Now, a 87 00:04:24,480 --> 00:04:29,720 Speaker 4: virtual wheeling takes this concept from a generator or a 88 00:04:29,800 --> 00:04:34,560 Speaker 4: number of generators to literally thousands and thousands of customers 89 00:04:35,480 --> 00:04:39,600 Speaker 4: embedded both in the ESCAM networks as well as in 90 00:04:39,839 --> 00:04:46,200 Speaker 4: municipal distribution network. And basically it enables the company, a 91 00:04:46,240 --> 00:04:50,719 Speaker 4: corporate entity or a trader contracts, whether a generator or 92 00:04:50,800 --> 00:04:57,279 Speaker 4: multiple generators, to deliver electricity through the ESKIMA municipal network 93 00:04:57,360 --> 00:05:03,919 Speaker 4: to literally thousands of And it's not actually a physical 94 00:05:04,480 --> 00:05:08,760 Speaker 4: delivery process. It's a virtual delivery process in the sense 95 00:05:08,800 --> 00:05:12,760 Speaker 4: that what one is really doing is one's allocating the 96 00:05:12,960 --> 00:05:17,080 Speaker 4: energy generated by one or more generators to literally thousands 97 00:05:17,120 --> 00:05:20,080 Speaker 4: of off takers. And one has to have an electricity 98 00:05:20,120 --> 00:05:22,760 Speaker 4: meta at these thousands of off takers. One has to 99 00:05:22,839 --> 00:05:26,839 Speaker 4: measure these the energy delivered to these off takers in 100 00:05:26,920 --> 00:05:31,320 Speaker 4: real time, and one's got to then consolidate all of 101 00:05:31,360 --> 00:05:34,360 Speaker 4: this by remote meta reading of these thousands of meters 102 00:05:34,360 --> 00:05:40,039 Speaker 4: and consolidated and allocated to that particular trader or corporate 103 00:05:40,520 --> 00:05:45,440 Speaker 4: taffic example, and the first virtual wheeling application with Votericom. 104 00:05:46,400 --> 00:05:50,400 Speaker 4: Now they've got about fifteen thousand cell phone powers throughout 105 00:05:50,400 --> 00:05:53,159 Speaker 4: South Africa and both Musical and ESCI of the networks, 106 00:05:53,360 --> 00:05:59,120 Speaker 4: and they wanted to consolidate you know, green clean energy, 107 00:05:59,200 --> 00:06:03,159 Speaker 4: low cost from a number of generators and deliver it 108 00:06:03,200 --> 00:06:07,120 Speaker 4: to their sights all over the country. Uh and ESKIM 109 00:06:07,200 --> 00:06:10,680 Speaker 4: entered into a sort of a pilot process with Votercom 110 00:06:10,839 --> 00:06:14,280 Speaker 4: and this process, the pilot process has been successful. And 111 00:06:14,400 --> 00:06:17,760 Speaker 4: now the point is that ESKIM want to roll this 112 00:06:17,920 --> 00:06:22,200 Speaker 4: concept out once the regulatory framework and the rules of 113 00:06:22,560 --> 00:06:26,680 Speaker 4: baty line place, you know, to extend this in a 114 00:06:26,720 --> 00:06:32,120 Speaker 4: big way and reach you know, not just one corporate Rootcom, 115 00:06:32,760 --> 00:06:36,560 Speaker 4: but hundreds of corporates and hundreds and maybe scores of 116 00:06:36,640 --> 00:06:41,400 Speaker 4: traders delivering energy to thousands and thousands of smaller customers. 117 00:06:41,440 --> 00:06:43,920 Speaker 4: So it's not just one to one wheeling too big, 118 00:06:44,000 --> 00:06:48,120 Speaker 4: from big to big, it's from you know, thousands of small, 119 00:06:48,480 --> 00:06:50,480 Speaker 4: smaller customers throughout the network. 120 00:06:51,080 --> 00:06:53,880 Speaker 3: What another way of looking at it be to suggest 121 00:06:53,960 --> 00:06:57,000 Speaker 3: that it is a system that allows crystal cell power 122 00:06:57,080 --> 00:07:01,359 Speaker 3: to Stephen, but there are many other fliers and buyers 123 00:07:01,400 --> 00:07:06,479 Speaker 3: in the process, and Stephen is not actually consuming the power. 124 00:07:06,200 --> 00:07:07,720 Speaker 2: That is produced by Chris. 125 00:07:08,200 --> 00:07:11,000 Speaker 3: But it is a way of making sure that you 126 00:07:11,080 --> 00:07:14,400 Speaker 3: are paid for the power that you produce, and that 127 00:07:14,600 --> 00:07:16,800 Speaker 3: I receive the power that is due to me. So, 128 00:07:16,840 --> 00:07:19,920 Speaker 3: in other words, you have billions of electrons running through 129 00:07:19,920 --> 00:07:23,440 Speaker 3: a system. It doesn't matter who generates or who consumes them, 130 00:07:23,680 --> 00:07:25,960 Speaker 3: so long as the right number are generated and the 131 00:07:26,120 --> 00:07:30,360 Speaker 3: right number are consumed and the billing system works. 132 00:07:30,440 --> 00:07:35,040 Speaker 4: Essentially, it's not a pretty flow of electrons when he's 133 00:07:35,080 --> 00:07:39,360 Speaker 4: talking about here. It's really an alloctation of generated energy 134 00:07:39,360 --> 00:07:42,000 Speaker 4: and allocated it in a correct manner, in a fair 135 00:07:42,040 --> 00:07:46,680 Speaker 4: and proper manner, accurately to thousands of off takers and 136 00:07:46,800 --> 00:07:51,160 Speaker 4: handling the billing. And essentially what it means is that 137 00:07:52,320 --> 00:07:55,880 Speaker 4: that you're let's say you're a customer embedded in a 138 00:07:55,960 --> 00:07:59,800 Speaker 4: municipal network. You're going to pay your municipal distributor as 139 00:07:59,800 --> 00:08:02,800 Speaker 4: you're you're going to get billed with your normal meter 140 00:08:03,000 --> 00:08:06,560 Speaker 4: from your municipality, and you're going to pay your pay 141 00:08:06,600 --> 00:08:09,920 Speaker 4: your monthly account to the municipality. But a couple of 142 00:08:09,920 --> 00:08:12,640 Speaker 4: months later, you're going to get effectively a check in 143 00:08:12,680 --> 00:08:16,760 Speaker 4: the post from the trader or from Escom, which gives 144 00:08:16,760 --> 00:08:21,320 Speaker 4: you a credit on your account, thus reducing the cost 145 00:08:21,360 --> 00:08:24,840 Speaker 4: of electricity because you've paid your electricity bill. The relationship 146 00:08:24,840 --> 00:08:29,920 Speaker 4: with the municipality stays absolutely unchanged. Municipalities don't lose out. 147 00:08:29,520 --> 00:08:33,960 Speaker 4: They're not losing revenue as a result of virtual reeling. 148 00:08:34,320 --> 00:08:37,560 Speaker 4: The beneficiary is the customer who gets to check in 149 00:08:37,600 --> 00:08:40,559 Speaker 4: the post for the green energy generated into the grid 150 00:08:40,600 --> 00:08:43,040 Speaker 4: by a generator at some remote geographic point. 151 00:08:43,440 --> 00:08:46,480 Speaker 3: Christiland, I really appreciate the explanation, Thank you very much. Indeed, 152 00:08:46,559 --> 00:08:50,000 Speaker 3: Christiland is the energy analyst, and as you know, and 153 00:08:50,240 --> 00:08:52,559 Speaker 3: of course the person who really is an expert on 154 00:08:52,640 --> 00:08:55,120 Speaker 3: all of these things. Chris, thank you. Seventeen minutes after 155 00:08:55,160 --> 00:08:59,679 Speaker 3: six none explain well. Over the last few days, you'll 156 00:08:59,640 --> 00:09:02,520 Speaker 3: have seen in the US the extraordinary battle for Warner 157 00:09:02,559 --> 00:09:05,560 Speaker 3: Brothers Discovery. First, they said they would do a merger 158 00:09:05,600 --> 00:09:08,760 Speaker 3: deal with Netflix in Paramount Skydine said they would buy 159 00:09:08,800 --> 00:09:11,480 Speaker 3: Warner Brothers instead. The board of Warner Brothers has gone 160 00:09:11,520 --> 00:09:15,679 Speaker 3: hostile on that Saint Paramount was misleading their shareholders. I 161 00:09:15,679 --> 00:09:17,360 Speaker 3: don't know how this is going to turn out, except 162 00:09:17,400 --> 00:09:19,840 Speaker 3: to say it's going to get nice and ugly. I 163 00:09:19,880 --> 00:09:22,320 Speaker 3: do wonder though, what it might do for the content 164 00:09:22,480 --> 00:09:25,400 Speaker 3: on different platforms. Here, Tina s Ferreira's the TV critic. 165 00:09:25,440 --> 00:09:28,199 Speaker 3: He understands this industry very well. Tina's good evening, Good 166 00:09:28,200 --> 00:09:30,400 Speaker 3: to talk again. I mean, the first obvious point to 167 00:09:30,440 --> 00:09:33,240 Speaker 3: make is that clearly people see Warner Brothers as very valuable. 168 00:09:33,280 --> 00:09:35,280 Speaker 3: They are one hundred years old, and they earn a 169 00:09:35,360 --> 00:09:37,400 Speaker 3: massive amount of quality material. 170 00:09:39,160 --> 00:09:43,840 Speaker 5: They actually have the biggest TV studio and film studio 171 00:09:43,960 --> 00:09:47,000 Speaker 5: in the US and in the world, and they are 172 00:09:47,080 --> 00:09:51,280 Speaker 5: also sort of the name that's sort of most synonymous 173 00:09:51,320 --> 00:09:55,680 Speaker 5: with the most sort of prestige or premium TV content. 174 00:09:55,800 --> 00:10:01,480 Speaker 5: They own HBO that not only make Game of Thrones 175 00:10:01,520 --> 00:10:03,679 Speaker 5: and those kinds of like spin offs, but a lot 176 00:10:03,720 --> 00:10:06,960 Speaker 5: of these legacy legacy shows that still reruns and do 177 00:10:07,200 --> 00:10:11,080 Speaker 5: very well, like Friends and Small Ball and Gossip Girl 178 00:10:11,120 --> 00:10:14,320 Speaker 5: and things like this. So it's going to be, yeah, 179 00:10:14,520 --> 00:10:17,440 Speaker 5: very interesting, and the process that kind of take at 180 00:10:17,559 --> 00:10:20,760 Speaker 5: least a year to a year and a half to 181 00:10:20,920 --> 00:10:23,760 Speaker 5: go through the regulatory process in the US to see 182 00:10:23,800 --> 00:10:28,880 Speaker 5: who's going to end up if anybody being able to 183 00:10:29,960 --> 00:10:31,040 Speaker 5: acquire Warner Bross. 184 00:10:31,320 --> 00:10:34,559 Speaker 3: I mean, I've watched my children laugh as hard at 185 00:10:34,559 --> 00:10:37,840 Speaker 3: Bugs Bunny as I did, still kind of laugh hard 186 00:10:37,840 --> 00:10:40,440 Speaker 3: at the obvious point, I suppose is that if the 187 00:10:40,520 --> 00:10:42,880 Speaker 3: Netflix merger deal goes through, there will be a lot 188 00:10:42,880 --> 00:10:44,160 Speaker 3: of bugs bunny on Netflix. 189 00:10:45,360 --> 00:10:49,160 Speaker 5: Yes, so Netflix has always been kind of like this 190 00:10:49,320 --> 00:10:55,280 Speaker 5: wanna be about a decade ago, Well, Warner thing was 191 00:10:55,640 --> 00:10:58,120 Speaker 5: part of a time Warner and they sort of said 192 00:10:58,720 --> 00:11:01,840 Speaker 5: the chance that needs would become anything is sort of 193 00:11:01,880 --> 00:11:05,040 Speaker 5: the same as the Albanian Army sort of winning the war, 194 00:11:05,200 --> 00:11:08,800 Speaker 5: and lo and behold the irony the Albanian Army has won. 195 00:11:08,920 --> 00:11:12,079 Speaker 5: Netflix is now sort of bigger, but they don't have 196 00:11:12,320 --> 00:11:16,440 Speaker 5: really the studio or the production capacity or the prestige 197 00:11:16,800 --> 00:11:19,320 Speaker 5: that a Warner Brass or Paramount or one of these 198 00:11:20,200 --> 00:11:26,000 Speaker 5: sort of institutionalized Hollywood studios have. So they want to 199 00:11:26,120 --> 00:11:28,480 Speaker 5: buy one of these because then they don't have to 200 00:11:28,679 --> 00:11:31,120 Speaker 5: sort of set up all of the netti gritty. You 201 00:11:31,280 --> 00:11:35,000 Speaker 5: just buy the studio, and then with that comes the expertise, 202 00:11:35,080 --> 00:11:39,080 Speaker 5: the skill, the filmmakers, the connections to a James Cameron 203 00:11:39,559 --> 00:11:43,120 Speaker 5: who makes Titanic and things like that. So that's really 204 00:11:43,160 --> 00:11:45,920 Speaker 5: the reason. And then a lot of that content, although 205 00:11:45,960 --> 00:11:48,400 Speaker 5: a Warner Brass will still sort of funnel content to 206 00:11:48,760 --> 00:11:51,680 Speaker 5: where they have a lot of that back cut Log 207 00:11:51,760 --> 00:11:56,920 Speaker 5: will obviously end up on Netflix because Netflix. 208 00:11:56,400 --> 00:12:00,240 Speaker 3: Will own it if it goes the other way Mount 209 00:12:00,360 --> 00:12:02,479 Speaker 3: sky Dance. I mean that's a bit more complicated. 210 00:12:02,520 --> 00:12:03,680 Speaker 2: I presume. 211 00:12:05,600 --> 00:12:10,040 Speaker 5: It's so funny because earlier this year Paramount itself was 212 00:12:10,080 --> 00:12:14,439 Speaker 5: bought by sky Dance. Paramount itself was sort of struggling. 213 00:12:14,880 --> 00:12:18,079 Speaker 5: And why Paramount is looking for Warner Brass is because 214 00:12:18,120 --> 00:12:22,360 Speaker 5: it's sort of more an existential challenge one existential threat. 215 00:12:22,400 --> 00:12:26,120 Speaker 5: They are both classic Hollywood studios and they are struggling. 216 00:12:26,280 --> 00:12:28,600 Speaker 5: It's sort of like the little ones who go we 217 00:12:28,760 --> 00:12:32,880 Speaker 5: need to band together against the bigger Netflix, Netflix. Although 218 00:12:32,920 --> 00:12:36,240 Speaker 5: it wants the prestige content once, kind of like that 219 00:12:36,480 --> 00:12:42,160 Speaker 5: HBO feel, it desperately wants to win the Oscars, which 220 00:12:42,320 --> 00:12:47,040 Speaker 5: still really hasn't. They don't really need Warner, but Paramount 221 00:12:47,080 --> 00:12:50,559 Speaker 5: really needs a Warner, or a Warner really needs Paramount. 222 00:12:50,559 --> 00:12:57,440 Speaker 5: Although now Warner is rebuffing Paramount, and if Paramount succeeds 223 00:12:57,520 --> 00:13:00,840 Speaker 5: in getting Warner, they will obviously be able to be 224 00:13:01,559 --> 00:13:04,960 Speaker 5: a bigger bird, the biggest swan in the pond. So 225 00:13:05,040 --> 00:13:07,760 Speaker 5: it's going to be in and but Warner now doesn't 226 00:13:07,760 --> 00:13:10,719 Speaker 5: want to buy it. They are more in bed with Netflix, 227 00:13:11,080 --> 00:13:14,400 Speaker 5: they see Paramount is sort of like a hostile kind 228 00:13:14,400 --> 00:13:16,720 Speaker 5: of like a bird. So it's going to be interesting 229 00:13:16,760 --> 00:13:20,360 Speaker 5: to see what happens with the regulatory environment in the 230 00:13:20,520 --> 00:13:24,360 Speaker 5: US where Paramount is sort of more aligned with the 231 00:13:24,400 --> 00:13:27,000 Speaker 5: conservative side on the Donald Trump side of things, and 232 00:13:27,120 --> 00:13:31,040 Speaker 5: Netflix is more aligned kind of like with the Democrats, 233 00:13:31,080 --> 00:13:33,719 Speaker 5: stay more friendlier with the Obamas and things like that. 234 00:13:33,720 --> 00:13:36,280 Speaker 5: So well, it's going to be interesting. Beyond just being 235 00:13:36,360 --> 00:13:39,800 Speaker 5: sort of like a media war, film studio war, it's 236 00:13:39,880 --> 00:13:41,120 Speaker 5: also a political war. 237 00:13:41,480 --> 00:13:45,080 Speaker 3: So I mean CNN sort of seen in US terms 238 00:13:45,120 --> 00:13:47,760 Speaker 3: as liberal part of Warner Brothers. I can I can 239 00:13:47,840 --> 00:13:51,440 Speaker 3: imagine them in the Netflix kind of universe. I can 240 00:13:51,480 --> 00:13:53,160 Speaker 3: imagine them. I imagine it might be a way for 241 00:13:53,240 --> 00:13:56,640 Speaker 3: Netflix to have a streaming news service finally, but a 242 00:13:56,679 --> 00:13:59,959 Speaker 3: battle to understand to see them at Paramount, I mean, 243 00:14:00,480 --> 00:14:02,400 Speaker 3: I think the newsroom would be an open revolt and 244 00:14:02,440 --> 00:14:04,080 Speaker 3: that would probably destroy CNN value. 245 00:14:06,160 --> 00:14:08,480 Speaker 5: So not to make it too complicated, but yes, another thing, 246 00:14:08,480 --> 00:14:12,320 Speaker 5: the two deals are different. If Netflix buys Warner Brass, 247 00:14:12,440 --> 00:14:15,520 Speaker 5: they won't buy the TV channels, so all of those 248 00:14:15,559 --> 00:14:19,480 Speaker 5: things like Discovery and CNN will become its own separate company, 249 00:14:19,560 --> 00:14:22,040 Speaker 5: won't belong to Netflix, so you can kind of say, 250 00:14:22,120 --> 00:14:24,600 Speaker 5: quote unquote, a CNN would be safe, a food network 251 00:14:24,640 --> 00:14:28,280 Speaker 5: would be safe. Paramount that has put in a higher 252 00:14:28,280 --> 00:14:31,880 Speaker 5: bird hundreds and eight vollion. They want the whole of Warner, 253 00:14:32,080 --> 00:14:36,240 Speaker 5: including the TV channels and now keep in mind the 254 00:14:36,640 --> 00:14:40,400 Speaker 5: more conservative leaning. And that's why that part is also 255 00:14:40,520 --> 00:14:45,040 Speaker 5: freaking out people working at CNN because they're like, what's 256 00:14:45,080 --> 00:14:47,480 Speaker 5: going to happen here. Donald Trump has been on the 257 00:14:47,560 --> 00:14:49,960 Speaker 5: record that he wants CNN to change, he wants CNE 258 00:14:50,120 --> 00:14:52,880 Speaker 5: to stop. He sort of denigrates their journalists, as he 259 00:14:52,960 --> 00:14:56,160 Speaker 5: does with all of the media reporters in America. So 260 00:14:56,600 --> 00:15:00,640 Speaker 5: with Paramount, you'll see drastic changes with CNN. With Netflix, 261 00:15:01,000 --> 00:15:03,360 Speaker 5: CNN might also still change, but at least it won't 262 00:15:03,360 --> 00:15:06,360 Speaker 5: belong to Netflix DStv. 263 00:15:06,440 --> 00:15:09,640 Speaker 3: I'm sure watching this closely, they're going through big changes themselves, 264 00:15:10,040 --> 00:15:11,080 Speaker 3: plus now owns them. 265 00:15:11,680 --> 00:15:14,080 Speaker 2: Does this affect they're offering much? Does it matter? 266 00:15:14,120 --> 00:15:16,160 Speaker 3: I mean, I presume in their long term agreements, although 267 00:15:16,160 --> 00:15:17,760 Speaker 3: one of them comes to an end in a few 268 00:15:17,800 --> 00:15:18,320 Speaker 3: days time. 269 00:15:19,280 --> 00:15:22,760 Speaker 5: You're really making people's head spins on a FIDA afternoon. 270 00:15:23,240 --> 00:15:28,320 Speaker 5: So there's yet another wrinkle in the story. Well, multi 271 00:15:28,400 --> 00:15:32,200 Speaker 5: Choice that now belongs to Canal Blues, the French company 272 00:15:32,560 --> 00:15:35,600 Speaker 5: that the contract for twelve of those channels that come 273 00:15:35,640 --> 00:15:41,160 Speaker 5: from Warner, which Netflix wouldn't buy. That carriage agreement is 274 00:15:41,240 --> 00:15:43,680 Speaker 5: running out at the end of the year. Those twelve 275 00:15:43,800 --> 00:15:49,440 Speaker 5: channels are hugely popular and hugely important to DStv. Just 276 00:15:49,520 --> 00:15:52,840 Speaker 5: Cartoon Network that you mentioned your kids watch, that one 277 00:15:52,920 --> 00:15:56,160 Speaker 5: channel has forty nine percent of the total audience share 278 00:15:56,240 --> 00:15:59,040 Speaker 5: of all kids viewing on d STV. Multi Choice wouldn't 279 00:15:59,080 --> 00:16:01,640 Speaker 5: want people to know that, neither Warner, so take that 280 00:16:01,760 --> 00:16:04,360 Speaker 5: one channel away. All of the other kids viewing is 281 00:16:04,400 --> 00:16:07,720 Speaker 5: also the other fifty percent. A channel like TNT is 282 00:16:07,800 --> 00:16:11,880 Speaker 5: the number one rated international movie channel on the whole 283 00:16:11,920 --> 00:16:15,360 Speaker 5: of the ESTV. Can you really imagine that the ESTV 284 00:16:15,560 --> 00:16:19,680 Speaker 5: without the CNN, a Discovery Channel, a cartoon network. You 285 00:16:19,720 --> 00:16:22,800 Speaker 5: can't really and both of them really need each other. 286 00:16:22,960 --> 00:16:26,960 Speaker 5: The negotiations are extremely contentious. It is still going on. 287 00:16:27,280 --> 00:16:29,640 Speaker 5: We're either got to see the channels go dark at 288 00:16:29,680 --> 00:16:32,000 Speaker 5: the end of the year, then maybe they come back 289 00:16:32,080 --> 00:16:36,840 Speaker 5: after a few weeks as they sort of play high 290 00:16:36,880 --> 00:16:40,040 Speaker 5: New Cowboys stakes, or that we might see them do 291 00:16:40,160 --> 00:16:42,640 Speaker 5: a deal, or it might go dark and we never 292 00:16:42,680 --> 00:16:45,200 Speaker 5: see a deal because some of these channels have disappeared 293 00:16:45,200 --> 00:16:48,600 Speaker 5: on some of the traditional PATV operators in New Zealand Australia, 294 00:16:48,640 --> 00:16:51,120 Speaker 5: and then they're just sort of gone forever. As we 295 00:16:51,200 --> 00:16:55,560 Speaker 5: see the traditional PATV model just sort of slowly disintegrate and. 296 00:16:55,600 --> 00:16:58,560 Speaker 3: Very quickly, you know, So, I mean DStv next year, 297 00:16:58,680 --> 00:17:01,600 Speaker 3: Canel pluss may big promises. They're talking about a sort 298 00:17:01,640 --> 00:17:04,880 Speaker 3: of single app. We've seen a few experiments already. There 299 00:17:04,920 --> 00:17:08,320 Speaker 3: was that sort of long weekend where things are much cheaper. 300 00:17:08,960 --> 00:17:10,800 Speaker 3: What are you expecting from them in the new year. 301 00:17:14,200 --> 00:17:16,199 Speaker 5: I will be honest as a journalist, I don't know. 302 00:17:17,600 --> 00:17:22,080 Speaker 5: Maxine Soda and David Muneau, the new bosses, said that 303 00:17:22,160 --> 00:17:24,720 Speaker 5: by the end of the year, and how ironic the 304 00:17:24,880 --> 00:17:28,520 Speaker 5: STV would have more content and more and better services 305 00:17:29,040 --> 00:17:32,800 Speaker 5: instead of that. We're definitely going on d STV I 306 00:17:32,960 --> 00:17:37,760 Speaker 5: at least four fewer channels, maybe up to sixteen when 307 00:17:37,880 --> 00:17:41,880 Speaker 5: we lose the other twelve of Warner Brass. And we're 308 00:17:41,920 --> 00:17:45,520 Speaker 5: also seeing the OSCARS is now jumping from twenty to 309 00:17:45,560 --> 00:17:48,720 Speaker 5: twenty nine. They signed a new deal with There's only 310 00:17:48,760 --> 00:17:52,480 Speaker 5: one thing really scaring Netflix. Everyone's scared by Netflix, but 311 00:17:53,040 --> 00:17:57,520 Speaker 5: who is Netflix skateed by by Google and YouTube. So 312 00:17:57,560 --> 00:18:02,480 Speaker 5: the OSCARS is signed a new contractor leaving a few 313 00:18:02,520 --> 00:18:05,560 Speaker 5: years from MT. So it's another local building block that's 314 00:18:05,600 --> 00:18:11,400 Speaker 5: slowly getting cracked away, stripped away. So we're seeing all 315 00:18:11,440 --> 00:18:14,920 Speaker 5: of these things that used to be premium content leave 316 00:18:15,080 --> 00:18:18,840 Speaker 5: traditional DStv, and I see it as a train and 317 00:18:18,880 --> 00:18:21,440 Speaker 5: I don't know how it will play out, but I'm 318 00:18:21,480 --> 00:18:25,520 Speaker 5: sure that DStv and Inmate will continue to lose content 319 00:18:25,640 --> 00:18:29,159 Speaker 5: in twenty twenty six, whether it was still multi choice 320 00:18:29,200 --> 00:18:33,880 Speaker 5: or whether it's Canal plus earning them. The future looks dire. 321 00:18:33,960 --> 00:18:36,000 Speaker 3: All right, Tiness Freerra, thank you very much. Indeed, well 322 00:18:36,040 --> 00:18:38,320 Speaker 3: let's see how they respond. Tins to appreciate it. Twenty 323 00:18:38,359 --> 00:18:43,200 Speaker 3: seven after six The money show Luck, I'm Guni's chief 324 00:18:43,240 --> 00:18:45,760 Speaker 3: investment officers has been Guela Global fund Managers. We lack 325 00:18:45,840 --> 00:18:48,920 Speaker 3: a good evening the great pivot of twenty twenty five. 326 00:18:48,960 --> 00:18:52,439 Speaker 3: I mean, central banks are finally blinking. We have a 327 00:18:52,480 --> 00:18:55,800 Speaker 3: lower we have a lower inflation target. 328 00:18:56,200 --> 00:18:57,680 Speaker 2: What are you protecting for next year? 329 00:18:59,200 --> 00:18:59,400 Speaker 6: Yeah? 330 00:18:59,600 --> 00:19:01,920 Speaker 7: You not. I think I would expect that we would 331 00:19:01,920 --> 00:19:06,080 Speaker 7: see a continuation of moderate inflation across the board. But 332 00:19:06,240 --> 00:19:11,040 Speaker 7: moddly because the main driver of inflation in consumption is 333 00:19:11,080 --> 00:19:14,200 Speaker 7: not so strong across the board, whether in Essay and Drouble. 334 00:19:14,320 --> 00:19:17,440 Speaker 7: But I do think that if we get some rate 335 00:19:17,480 --> 00:19:20,280 Speaker 7: support by the central banks, were likely to see that 336 00:19:20,320 --> 00:19:24,560 Speaker 7: the consumer code hold up and inflation could maybe marginally 337 00:19:24,640 --> 00:19:26,680 Speaker 7: thick up. But I think the first half would probably 338 00:19:26,720 --> 00:19:28,520 Speaker 7: be similar to what we have seeing now. In they 339 00:19:28,520 --> 00:19:30,520 Speaker 7: said in the fourth quarter, sure. 340 00:19:30,440 --> 00:19:32,960 Speaker 2: Quite optimistic Nike in the UK. 341 00:19:33,040 --> 00:19:36,320 Speaker 3: In the US, they shares are down there and this 342 00:19:36,440 --> 00:19:39,560 Speaker 3: is because China's sales are down seventeen percent. 343 00:19:40,480 --> 00:19:43,600 Speaker 2: This is I mean, that's that's huge. What's going on 344 00:19:43,640 --> 00:19:44,560 Speaker 2: with middle classes? 345 00:19:45,760 --> 00:19:48,320 Speaker 7: Yeah, I think it's not only in middle class, and 346 00:19:48,359 --> 00:19:52,520 Speaker 7: the middle classes is currently challenged, I think even in China. 347 00:19:52,560 --> 00:19:55,159 Speaker 7: But I think one of the weaknesses didn't time like 348 00:19:55,240 --> 00:19:59,680 Speaker 7: that is that Nike has failed to revamp their stores 349 00:19:59,720 --> 00:20:03,760 Speaker 7: and and invest in their own so so it has 350 00:20:03,800 --> 00:20:06,520 Speaker 7: been difficult for them to tuck the traffic into their 351 00:20:06,560 --> 00:20:09,680 Speaker 7: source and they seem to have lost the plot there. 352 00:20:09,680 --> 00:20:14,720 Speaker 7: Their competitors under Sports and Leaning are actually still the 353 00:20:14,760 --> 00:20:17,639 Speaker 7: market share from them quite aggressively. So it is a 354 00:20:18,320 --> 00:20:20,199 Speaker 7: ten a round that was promised, But I don't know 355 00:20:20,280 --> 00:20:22,199 Speaker 7: if we are seeing any progress on that. 356 00:20:23,400 --> 00:20:26,520 Speaker 3: I'm sure so ninety one saying last week, excuse me, 357 00:20:26,560 --> 00:20:29,359 Speaker 3: we spoke to John Pickard about it, great confidence about 358 00:20:29,440 --> 00:20:29,920 Speaker 3: next year. 359 00:20:30,560 --> 00:20:32,200 Speaker 2: A lot of this is about politics. 360 00:20:32,640 --> 00:20:35,880 Speaker 3: Do you think that money might move away from kind 361 00:20:35,920 --> 00:20:40,400 Speaker 3: of quite expensive AI shares into sort of starting more 362 00:20:40,440 --> 00:20:41,840 Speaker 3: boring South African shares. 363 00:20:42,960 --> 00:20:45,080 Speaker 7: I think we've already seen that trend, and I think 364 00:20:45,680 --> 00:20:48,879 Speaker 7: we're also seeing it through the pervement of trend. That 365 00:20:48,920 --> 00:20:52,800 Speaker 7: there is quite a minionful buy buy in into these 366 00:20:53,280 --> 00:20:56,840 Speaker 7: and the bond market. But I think that the next 367 00:20:56,880 --> 00:20:59,680 Speaker 7: year would probably be in better. I think there is 368 00:20:59,720 --> 00:21:02,760 Speaker 7: a high for yield on the bond side, but also 369 00:21:02,760 --> 00:21:06,520 Speaker 7: on the stock side, our stocks are relatively attractive, and 370 00:21:06,560 --> 00:21:09,439 Speaker 7: I think with a stronger rand we likely to see 371 00:21:09,520 --> 00:21:12,960 Speaker 7: our companies getting a relief, some sort of relief from 372 00:21:12,960 --> 00:21:15,920 Speaker 7: a cost input cost point of view. So are the 373 00:21:17,400 --> 00:21:19,960 Speaker 7: optimistic as well into twenty twenty. 374 00:21:19,720 --> 00:21:22,719 Speaker 3: Six, I mean the JC all share, I mean holding 375 00:21:22,760 --> 00:21:26,040 Speaker 3: at very very high levels. There does seem to be 376 00:21:26,080 --> 00:21:29,320 Speaker 3: a real change with how people are understanding our economy, 377 00:21:29,359 --> 00:21:30,520 Speaker 3: with what's going on under the hood. 378 00:21:31,760 --> 00:21:35,119 Speaker 7: Definitely think. I think despite the missteps that we are 379 00:21:35,119 --> 00:21:37,720 Speaker 7: seeing in the retail sector. I think, the banking sector, 380 00:21:38,160 --> 00:21:42,280 Speaker 7: and the insurance sector, and the retail the food retail sector. 381 00:21:42,280 --> 00:21:44,240 Speaker 7: I mean, I still think that Chapel is a good 382 00:21:44,280 --> 00:21:48,120 Speaker 7: position to be in. Into twenty twenty six, I think 383 00:21:48,119 --> 00:21:50,280 Speaker 7: someone is a good position to be in. I think 384 00:21:50,640 --> 00:21:54,119 Speaker 7: net Bank having shared of the ETI holding in Nigeria, 385 00:21:54,200 --> 00:21:56,199 Speaker 7: I think that's also a good position to be in. 386 00:21:56,280 --> 00:22:01,080 Speaker 7: So there are some opportunities, but obviously they is one 387 00:22:01,160 --> 00:22:04,520 Speaker 7: need to exercise question around some of the stocks in 388 00:22:04,560 --> 00:22:08,199 Speaker 7: the retail sector where they have been beating hard and 389 00:22:08,359 --> 00:22:11,840 Speaker 7: they look attractive, but there's also possible mistakes that they 390 00:22:11,840 --> 00:22:13,480 Speaker 7: could commit, like they supplies. 391 00:22:15,400 --> 00:22:15,960 Speaker 2: You're not a. 392 00:22:15,840 --> 00:22:18,120 Speaker 3: Fan of that. I noticed I saw your reports. I mean, 393 00:22:18,400 --> 00:22:20,960 Speaker 3: you basically suggest mister Price is making the same mistake 394 00:22:21,040 --> 00:22:22,080 Speaker 3: everybody else's made. 395 00:22:22,960 --> 00:22:25,160 Speaker 7: Indeed, I think I think they are, and I think 396 00:22:25,600 --> 00:22:30,280 Speaker 7: there is an obsession about international expansion, but also expanding 397 00:22:30,359 --> 00:22:35,960 Speaker 7: into mature markets, into industries that or at least markets 398 00:22:35,960 --> 00:22:38,080 Speaker 7: that they don't know very well, and they think they 399 00:22:38,080 --> 00:22:40,840 Speaker 7: can fix up companies there. I don't think we appreciate 400 00:22:41,359 --> 00:22:44,960 Speaker 7: some of the privileges of operating to in any current 401 00:22:45,040 --> 00:22:50,240 Speaker 7: that is semi close like ours. So they are underestimating 402 00:22:50,240 --> 00:22:53,480 Speaker 7: the level of competition and the supplies, say, going into 403 00:22:54,560 --> 00:22:58,080 Speaker 7: Germany would be a massive valuity discussion. Were already seen 404 00:22:58,400 --> 00:23:01,520 Speaker 7: Spa doing the same thing, and there's Alta shopping, So 405 00:23:02,320 --> 00:23:06,040 Speaker 7: I would be opposed to the transactionion, and I think 406 00:23:06,080 --> 00:23:09,560 Speaker 7: our teams working hard to actually put our case across 407 00:23:09,680 --> 00:23:12,640 Speaker 7: multiple forums to get this opposed. 408 00:23:12,800 --> 00:23:14,960 Speaker 3: Sure, all right, so Lo, thank you very much. Indeed, 409 00:23:15,280 --> 00:23:17,240 Speaker 3: so like I'm Gunney's the chief investment officer has been 410 00:23:17,280 --> 00:23:21,040 Speaker 3: Guello Global Fund Managers. Twenty one minute, it's just let 411 00:23:21,119 --> 00:23:23,960 Speaker 3: me start again. Twenty nine minutes now to seven o'clock. 412 00:23:26,400 --> 00:23:30,679 Speaker 2: Stephen is on x at at Stephen twenty three minutes 413 00:23:30,720 --> 00:23:32,480 Speaker 2: now to seven the time. Well, I won't lie. 414 00:23:33,200 --> 00:23:35,399 Speaker 3: I've been thinking a little bit about holidays over the 415 00:23:35,480 --> 00:23:37,879 Speaker 3: last little while, and I would really like to hear 416 00:23:37,960 --> 00:23:42,680 Speaker 3: from you on your sort of best and worst holiday surprises. 417 00:23:42,720 --> 00:23:45,480 Speaker 3: So you looked at a website it promised, I don't know, 418 00:23:45,760 --> 00:23:52,639 Speaker 3: seventeen pools, automatic waves, free surfboards, drinks and pineapples. And 419 00:23:52,760 --> 00:23:55,320 Speaker 3: you got there and there was, you know, a puddle, 420 00:23:56,560 --> 00:23:59,000 Speaker 3: or you went to a place and you thought, well 421 00:23:59,080 --> 00:24:00,399 Speaker 3: this is a bit cheap. I don't know if this 422 00:24:00,520 --> 00:24:02,440 Speaker 3: is going to be great. You get there and there's 423 00:24:02,480 --> 00:24:05,760 Speaker 3: seventeen pools and drinks and pineapples and all the rest. 424 00:24:06,400 --> 00:24:08,760 Speaker 3: Probably best if you don't include the name, because you know, 425 00:24:09,119 --> 00:24:11,600 Speaker 3: but seven two, seven oh two one, seven oh two. 426 00:24:12,440 --> 00:24:15,240 Speaker 3: What's been your best and your worst surprises? Or maybe 427 00:24:15,720 --> 00:24:17,680 Speaker 3: there was a town that you know, your mother in 428 00:24:17,800 --> 00:24:20,080 Speaker 3: law or someone dragged you to and you thought to yourself, Ah, 429 00:24:21,960 --> 00:24:24,600 Speaker 3: why do I have to go to you know, not 430 00:24:24,800 --> 00:24:28,840 Speaker 3: so cool Storp or whatever? And you get there and 431 00:24:28,960 --> 00:24:33,359 Speaker 3: it's actually party central, you know, like be really good 432 00:24:33,400 --> 00:24:35,560 Speaker 3: to hear your story. It's twenty two minutes now to. 433 00:24:35,640 --> 00:24:41,879 Speaker 2: Seven ewl Sport. Didn't you grow up and not so 434 00:24:42,040 --> 00:24:46,040 Speaker 2: cool Storp? And I'm from the east, from the east. 435 00:24:46,320 --> 00:24:49,800 Speaker 8: Dare you speaking of those vacations spots? Recently we went 436 00:24:49,880 --> 00:24:54,520 Speaker 8: to now Sprit. On the website it looked like you're 437 00:24:54,560 --> 00:24:58,159 Speaker 8: going to go to like a nice old vintage house. Yeah, no, 438 00:24:58,560 --> 00:25:02,120 Speaker 8: I think they missed took vintage for old because everything 439 00:25:02,680 --> 00:25:06,320 Speaker 8: was atrocious. I remember even when me and my friend 440 00:25:06,359 --> 00:25:08,040 Speaker 8: that I were traveling, I was like, please let me 441 00:25:08,200 --> 00:25:11,240 Speaker 8: write the email on Monday because I'm ready to read 442 00:25:11,280 --> 00:25:13,760 Speaker 8: them for fourth and then a surprising one was when 443 00:25:13,800 --> 00:25:16,119 Speaker 8: we went to Durban. All they did was show us 444 00:25:16,320 --> 00:25:18,280 Speaker 8: just like the accommodation that we were going to stay in. 445 00:25:18,400 --> 00:25:21,199 Speaker 8: I was like, oh, it's a normal apartments. What they 446 00:25:21,240 --> 00:25:23,320 Speaker 8: don't tell you that you literally wake up and see 447 00:25:23,359 --> 00:25:26,520 Speaker 8: the beach Like if you just told me that, we 448 00:25:26,560 --> 00:25:27,080 Speaker 8: wouldn't have it. 449 00:25:27,840 --> 00:25:30,080 Speaker 2: It was the most perfect accommodation. 450 00:25:30,240 --> 00:25:32,280 Speaker 8: Every time we think about going back to Durban, you 451 00:25:32,400 --> 00:25:33,800 Speaker 8: know exactly where we're going to stay. 452 00:25:34,119 --> 00:25:34,359 Speaker 2: Okay. 453 00:25:34,480 --> 00:25:36,600 Speaker 3: I was seven two seven two one seven two. Can 454 00:25:36,640 --> 00:25:39,160 Speaker 3: you beat Toler Kelley's story. You've got twenty one minutes 455 00:25:39,600 --> 00:25:40,760 Speaker 3: to do it for the. 456 00:25:40,840 --> 00:25:43,800 Speaker 2: Money show, The Friday File, The Friday. 457 00:25:43,440 --> 00:25:46,960 Speaker 3: File eighteen minutes now to seven the time. Well, I 458 00:25:47,000 --> 00:25:49,120 Speaker 3: don't know what you're doing over the first of season. 459 00:25:49,119 --> 00:25:52,040 Speaker 3: I hoping that you are going away, that you're doing something. 460 00:25:52,640 --> 00:25:54,399 Speaker 3: Maybe you're going to a new place. I'm sure you 461 00:25:54,520 --> 00:25:57,440 Speaker 3: also have stories about holidays where things have gone slightly 462 00:25:57,520 --> 00:26:00,560 Speaker 3: wrong or very right to per see from qu Nazi 463 00:26:00,680 --> 00:26:02,679 Speaker 3: is a travel writers syces. So good evening, it's been 464 00:26:02,760 --> 00:26:05,159 Speaker 3: many years. Good to talk to you again. I think 465 00:26:05,240 --> 00:26:07,440 Speaker 3: many of us just think, look, I'm gonna pack and 466 00:26:07,480 --> 00:26:10,119 Speaker 3: we're going to go. Are there things you should think 467 00:26:10,160 --> 00:26:13,639 Speaker 3: about a little more carefully before you sort of you know, 468 00:26:13,880 --> 00:26:15,919 Speaker 3: get in the car and see how fast you can 469 00:26:15,960 --> 00:26:16,359 Speaker 3: get going. 470 00:26:17,680 --> 00:26:21,400 Speaker 4: Most definitely, it's so good to talk to you against Steven. Yeah, 471 00:26:21,600 --> 00:26:23,360 Speaker 4: you know what I say to people at this time 472 00:26:23,400 --> 00:26:26,399 Speaker 4: of the year, because we all of us, actually, I'm 473 00:26:26,440 --> 00:26:28,400 Speaker 4: gonna say most of us are last minute dot com. 474 00:26:28,560 --> 00:26:32,160 Speaker 4: We're all scrambling to find the perfect holiday right today, 475 00:26:32,280 --> 00:26:34,680 Speaker 4: on the nineteenth of December, we think that we're going 476 00:26:34,720 --> 00:26:37,760 Speaker 4: to get it right. It is kind of possible if 477 00:26:37,920 --> 00:26:41,159 Speaker 4: you have a mindset change. If you are going to 478 00:26:41,359 --> 00:26:45,679 Speaker 4: go to the tourist hotspots that's Jobert, k Town, Durban, 479 00:26:45,720 --> 00:26:48,040 Speaker 4: the ones that you know Cadeja as well, you are 480 00:26:48,119 --> 00:26:50,760 Speaker 4: going to really struggle. But what you want to do 481 00:26:51,119 --> 00:26:53,200 Speaker 4: if you haven't booked just yet and you're trying to 482 00:26:53,359 --> 00:26:57,960 Speaker 4: stretch your money, go away. The tourists are not going right. So, 483 00:26:58,240 --> 00:27:01,920 Speaker 4: for example, accommodation, instead of going to the city center 484 00:27:02,000 --> 00:27:04,760 Speaker 4: or the super Bowl of Cape Town, you book about 485 00:27:05,160 --> 00:27:10,040 Speaker 4: twenty kilometers away. That's more like the Bealvo side of things. 486 00:27:10,359 --> 00:27:13,439 Speaker 4: You are going to save about twenty to thirty percent 487 00:27:13,560 --> 00:27:17,480 Speaker 4: on accommodation, and accommodation is what someth Africans spend the 488 00:27:17,640 --> 00:27:20,800 Speaker 4: most on holiday, So if you're smart about where you 489 00:27:20,880 --> 00:27:24,119 Speaker 4: are booking, you're already going to save about twenty to 490 00:27:24,200 --> 00:27:26,520 Speaker 4: thirty percent, which is huge on holiday. 491 00:27:27,000 --> 00:27:30,760 Speaker 3: I would think also, maybe you give Cape Town a skip. 492 00:27:30,920 --> 00:27:33,520 Speaker 3: I mean, we've had advice on the show going to 493 00:27:33,720 --> 00:27:35,800 Speaker 3: the interior of the country and see what you find. 494 00:27:35,960 --> 00:27:38,119 Speaker 3: I mean, I sometimes think, I mean, I get it. 495 00:27:38,520 --> 00:27:41,359 Speaker 3: I love the coast. I'm not so much a game person. 496 00:27:41,400 --> 00:27:42,800 Speaker 3: I have to tell you, I really do like to 497 00:27:42,840 --> 00:27:44,960 Speaker 3: go to the beach, and that's what I'm doing. But 498 00:27:45,080 --> 00:27:47,360 Speaker 3: I mean there must be lots of value in other 499 00:27:47,480 --> 00:27:48,159 Speaker 3: places too. 500 00:27:49,600 --> 00:27:52,359 Speaker 4: Yes, where I am right now, I'm in BLOOMPHNT day. 501 00:27:52,880 --> 00:27:56,280 Speaker 4: People don't ever think that you can go on holiday 502 00:27:56,359 --> 00:27:58,760 Speaker 4: in bloom Hunting because like you guys were joking around 503 00:27:58,840 --> 00:28:01,520 Speaker 4: just now right, you were saying, it's not so cool towns, right, 504 00:28:01,800 --> 00:28:04,800 Speaker 4: But these not so cool towns are where you need 505 00:28:04,880 --> 00:28:07,359 Speaker 4: to go to stretch your rand. You are going to 506 00:28:07,480 --> 00:28:10,800 Speaker 4: get so much more for your rand here in Blimpom 507 00:28:10,880 --> 00:28:14,080 Speaker 4: then than you are going to in Durban because everyone 508 00:28:14,200 --> 00:28:17,120 Speaker 4: is flocking to Durban, right, But I can tell you now, 509 00:28:17,240 --> 00:28:22,960 Speaker 4: the shops, the ABNBS all the institutions around travel right 510 00:28:23,040 --> 00:28:26,080 Speaker 4: here in Blimpant Day and other parts of the country. 511 00:28:26,200 --> 00:28:28,679 Speaker 4: Like you're saying, in the interior right of the country, 512 00:28:28,760 --> 00:28:31,000 Speaker 4: you are going to save so much more. We all 513 00:28:31,119 --> 00:28:34,160 Speaker 4: love the beach, especially people like us. I'm from Joelburgh 514 00:28:34,200 --> 00:28:36,760 Speaker 4: as well. Right any moment I get into the car 515 00:28:36,800 --> 00:28:39,400 Speaker 4: and I drive down to either Cape Town or Durban 516 00:28:39,480 --> 00:28:41,479 Speaker 4: or any other part of the country where I can 517 00:28:41,600 --> 00:28:44,120 Speaker 4: get to see the sea. But you don't have to 518 00:28:44,240 --> 00:28:47,080 Speaker 4: always go there, especially if you're trying to save a 519 00:28:47,120 --> 00:28:50,040 Speaker 4: bit of money. If you're off the value, go to 520 00:28:50,200 --> 00:28:52,320 Speaker 4: other parts of the country. Come to the Free States. 521 00:28:52,360 --> 00:28:55,680 Speaker 4: I'm telling you, this place is absolutely beautiful. I love 522 00:28:56,080 --> 00:28:58,720 Speaker 4: this part of the country. Go to the likes of Clarence. 523 00:28:59,000 --> 00:29:01,520 Speaker 4: It's not only by the way, there are other parts 524 00:29:01,720 --> 00:29:03,200 Speaker 4: that you can go to. Like I'm saying, I'm in 525 00:29:03,280 --> 00:29:05,240 Speaker 4: bloom from day. People think, oh my word, what are 526 00:29:05,280 --> 00:29:07,200 Speaker 4: you going to do in Blue Front Day? They have 527 00:29:07,400 --> 00:29:10,760 Speaker 4: the most amazing food here. Number one. Number two, there's 528 00:29:10,800 --> 00:29:12,760 Speaker 4: a lot of free activities, believe it or not. 529 00:29:13,040 --> 00:29:13,280 Speaker 2: Free. 530 00:29:13,680 --> 00:29:17,040 Speaker 4: So I went to the National Museum of the Arts 531 00:29:17,120 --> 00:29:19,320 Speaker 4: here and I went to a place called I think 532 00:29:19,360 --> 00:29:23,920 Speaker 4: it's the Olive and Holt Art Museum Museum of Art, 533 00:29:24,000 --> 00:29:28,000 Speaker 4: and it's absolutely beautiful and it's free, completely free. 534 00:29:29,040 --> 00:29:31,520 Speaker 3: I think many of us and I'm guilty of this too. 535 00:29:32,400 --> 00:29:34,000 Speaker 3: I have a family, So you like to go to 536 00:29:34,040 --> 00:29:36,440 Speaker 3: a place you know a little bit, You meet other 537 00:29:36,480 --> 00:29:39,640 Speaker 3: people's children, you watch them grow over the years. I 538 00:29:39,760 --> 00:29:42,160 Speaker 3: know you're a lot more adventurous than our CITIZENSU but 539 00:29:42,320 --> 00:29:46,600 Speaker 3: should we should we should we actually look at going 540 00:29:46,760 --> 00:29:49,520 Speaker 3: to new places. Yes, have a coastal holiday one year, 541 00:29:49,560 --> 00:29:51,760 Speaker 3: but next year, shake it up a little bit and 542 00:29:51,880 --> 00:29:53,560 Speaker 3: go somewhere completely different. 543 00:29:54,800 --> 00:29:58,280 Speaker 4: That is exactly my advice to all our listeners. One year, 544 00:29:58,440 --> 00:29:59,640 Speaker 4: go to where you're comfortable. 545 00:29:59,720 --> 00:29:59,840 Speaker 6: Right. 546 00:30:00,160 --> 00:30:03,120 Speaker 4: My wife is exactly like you, not as adventurous, so 547 00:30:03,240 --> 00:30:05,680 Speaker 4: I have to kind of coax her into going to 548 00:30:05,800 --> 00:30:07,000 Speaker 4: places where we've never been. 549 00:30:07,280 --> 00:30:07,440 Speaker 2: Right. 550 00:30:07,720 --> 00:30:09,880 Speaker 4: So while you go to the coast, you know what 551 00:30:10,040 --> 00:30:12,640 Speaker 4: you expect. But then the year after that do the 552 00:30:12,760 --> 00:30:15,680 Speaker 4: savings and then you say, listen, we are literally going 553 00:30:15,720 --> 00:30:17,040 Speaker 4: to told our eyes, we're going to get a map 554 00:30:17,080 --> 00:30:18,440 Speaker 4: and we're going to put a pin and we're just 555 00:30:18,560 --> 00:30:20,880 Speaker 4: going to choose that place and we are driving there. 556 00:30:21,120 --> 00:30:24,080 Speaker 4: There isn't a part of South Africa that is that 557 00:30:24,240 --> 00:30:26,920 Speaker 4: is not interesting. I have traveled quite a bit in 558 00:30:26,960 --> 00:30:30,200 Speaker 4: our country, and I promise you we have the best 559 00:30:30,280 --> 00:30:32,400 Speaker 4: country in the world. But we tend to go to 560 00:30:32,520 --> 00:30:36,120 Speaker 4: the same places over and over. But let's mix it up, right, 561 00:30:36,520 --> 00:30:40,320 Speaker 4: Get that local flavor in the middle of the Northern Cape. 562 00:30:40,440 --> 00:30:43,640 Speaker 4: Go to that Duness house. She has a beautiful B 563 00:30:43,840 --> 00:30:45,960 Speaker 4: and B. Talk to her. She will tell you what 564 00:30:46,160 --> 00:30:49,440 Speaker 4: they do to keep busy. Don't just always go and 565 00:30:49,960 --> 00:30:51,240 Speaker 4: with the tourists. 566 00:30:51,280 --> 00:30:51,600 Speaker 2: Go right. 567 00:30:51,640 --> 00:30:54,800 Speaker 4: People love to Google, but Google is from people like 568 00:30:54,880 --> 00:30:56,760 Speaker 4: Steven who are going to tell you the same thing 569 00:30:56,840 --> 00:30:59,760 Speaker 4: over and over. Go to the Northern Cape. Go and 570 00:30:59,800 --> 00:31:01,800 Speaker 4: find that what people are doing in Kinderle. That's where 571 00:31:01,840 --> 00:31:02,800 Speaker 4: I'll be in a few days. 572 00:31:04,360 --> 00:31:06,640 Speaker 2: If you are going to a place that you know, 573 00:31:06,880 --> 00:31:07,920 Speaker 2: can you still shake it up? 574 00:31:07,960 --> 00:31:10,800 Speaker 3: But by going to new places when you're there, I 575 00:31:10,880 --> 00:31:13,560 Speaker 3: mean I don't just mean sort of new restaurants, but 576 00:31:13,600 --> 00:31:16,400 Speaker 3: I mean actually get in the car and go somewhere 577 00:31:16,480 --> 00:31:20,120 Speaker 3: completely different. You know, if you're in Cape Town, go 578 00:31:20,240 --> 00:31:22,840 Speaker 3: to Belville, go somewhere else, Go and just see. 579 00:31:22,680 --> 00:31:23,120 Speaker 2: What there is. 580 00:31:24,240 --> 00:31:28,360 Speaker 4: Most definitely, I think we are creatures of habit, right. 581 00:31:28,480 --> 00:31:30,200 Speaker 4: We go to Cata, like you're saying, and we go 582 00:31:30,280 --> 00:31:32,320 Speaker 4: to the same resaurant, but there's so much that you 583 00:31:32,400 --> 00:31:35,160 Speaker 4: can do. Day trips are one of the best things 584 00:31:35,240 --> 00:31:37,160 Speaker 4: that you can do. Like you're saying you can go 585 00:31:37,280 --> 00:31:39,080 Speaker 4: to balb but a lot of people don't even think 586 00:31:39,360 --> 00:31:41,440 Speaker 4: it's worth going to Balvo. But there's so much to do, 587 00:31:41,880 --> 00:31:44,600 Speaker 4: from the wine farmers to the food. I am doing 588 00:31:44,760 --> 00:31:51,600 Speaker 4: a food tour in Balvoe. There's a huge Ethiopian heritage 589 00:31:51,720 --> 00:31:54,600 Speaker 4: there right, So I'm going to do a walking food 590 00:31:54,760 --> 00:31:57,640 Speaker 4: tour in the next two days. And I know it's brilliant. 591 00:31:57,680 --> 00:31:59,640 Speaker 4: It's been recommended by a friend of mine who's also 592 00:31:59,720 --> 00:32:03,440 Speaker 4: just as adventurous. So I think, think about stuff that 593 00:32:03,560 --> 00:32:05,920 Speaker 4: you love and do the exact opposite. That's what you 594 00:32:06,000 --> 00:32:06,320 Speaker 4: need to do. 595 00:32:06,640 --> 00:32:09,960 Speaker 3: Wow Wow, Okay, well I'm not going to go and 596 00:32:10,000 --> 00:32:11,920 Speaker 3: sit in a car for two weeks and look at animals. 597 00:32:13,680 --> 00:32:16,800 Speaker 3: I mean I should, but honestly, no, you can see 598 00:32:16,840 --> 00:32:19,000 Speaker 3: a zebra. It's a failure as an animal. The camouflage, 599 00:32:19,040 --> 00:32:23,240 Speaker 3: doesn't it. I did want to ask in a slightly 600 00:32:23,320 --> 00:32:26,280 Speaker 3: different thing, and if we look at a holiday or 601 00:32:26,400 --> 00:32:30,400 Speaker 3: travel philosophically, so so travel for the sake of travel, 602 00:32:30,400 --> 00:32:34,600 Speaker 3: which is what a holiday sort of is. It's not 603 00:32:34,920 --> 00:32:38,520 Speaker 3: really about moving your physical being. I mean, obviously it is, 604 00:32:39,120 --> 00:32:42,600 Speaker 3: but it's about something else. And is it worth sometimes 605 00:32:42,760 --> 00:32:46,200 Speaker 3: having a conversation with yourself to say, what is it 606 00:32:46,320 --> 00:32:48,760 Speaker 3: that I want to do? It's not just that, well, 607 00:32:48,840 --> 00:32:51,600 Speaker 3: my company is closing down for two weeks over Christmas, 608 00:32:51,680 --> 00:32:54,200 Speaker 3: and therefore I need to go and do something. But 609 00:32:54,960 --> 00:32:58,560 Speaker 3: do I want to go to the beach because maybe 610 00:32:58,720 --> 00:33:00,680 Speaker 3: you serve as a kidney want to pick it up again? 611 00:33:00,760 --> 00:33:04,240 Speaker 2: Fine? Is it that I want to go and rest somewhere? 612 00:33:04,360 --> 00:33:07,520 Speaker 3: Actually, probably within an hour of jobig there must be 613 00:33:07,600 --> 00:33:09,680 Speaker 3: I don't know, five hundred places you could go that 614 00:33:09,800 --> 00:33:13,120 Speaker 3: are very quiet? Is it because I want to go camping? 615 00:33:13,120 --> 00:33:14,640 Speaker 3: I'm a big fan of that. I'm going to be 616 00:33:14,760 --> 00:33:18,160 Speaker 3: very boring about it if we talk about it. Is there? 617 00:33:19,200 --> 00:33:20,520 Speaker 3: What I'm trying to get to is do you need 618 00:33:20,640 --> 00:33:22,240 Speaker 3: to stop them for a minute and think what do 619 00:33:22,360 --> 00:33:25,120 Speaker 3: I want from a holiday? Do I want to be 620 00:33:25,320 --> 00:33:27,960 Speaker 3: moved in a place I've ever been to? Do I 621 00:33:28,120 --> 00:33:30,440 Speaker 3: want peace and quiet? Do I want party? 622 00:33:30,560 --> 00:33:32,800 Speaker 2: Hearty? Is that a good place to start? 623 00:33:33,960 --> 00:33:36,840 Speaker 4: It's a brilliant and brilliant place to start. In fact, 624 00:33:36,880 --> 00:33:40,000 Speaker 4: that's where I always start. Like what do I want 625 00:33:40,160 --> 00:33:44,160 Speaker 4: from this type of holiday? For example, sometimes I want 626 00:33:44,240 --> 00:33:48,080 Speaker 4: to completely switch off in no electronics. No one must 627 00:33:48,120 --> 00:33:50,080 Speaker 4: be able to get a hold of me for two 628 00:33:50,200 --> 00:33:52,360 Speaker 4: or three days. There are places where you can go 629 00:33:52,560 --> 00:33:55,680 Speaker 4: where you won't even have phone signals. So that's the 630 00:33:55,800 --> 00:33:58,040 Speaker 4: type of holiday that you're looking for. You need to 631 00:33:58,080 --> 00:34:00,200 Speaker 4: be able to plan for that. Maybe tell you, but 632 00:34:00,320 --> 00:34:02,640 Speaker 4: you move gone for three three days, you are fine. 633 00:34:02,800 --> 00:34:04,840 Speaker 4: You are just your stitch so off. If you don't 634 00:34:04,880 --> 00:34:07,520 Speaker 4: have that objective of what you want from your holiday, 635 00:34:08,000 --> 00:34:10,319 Speaker 4: after a week or two weeks, or however long it's being, 636 00:34:10,560 --> 00:34:13,640 Speaker 4: you are going to regret that time, right, Like, oh 637 00:34:13,719 --> 00:34:15,759 Speaker 4: my goodness, I actually wanted to be to be in 638 00:34:15,840 --> 00:34:17,919 Speaker 4: a quiet spot, but I ended up in a place 639 00:34:18,000 --> 00:34:20,200 Speaker 4: that was so loud. You never want to do that 640 00:34:20,360 --> 00:34:23,000 Speaker 4: on holiday. But if you have an objective, this is 641 00:34:23,040 --> 00:34:26,240 Speaker 4: what I want. I want a party mood for two weeks. 642 00:34:26,480 --> 00:34:29,120 Speaker 4: You can do that. You can go bar hopping for 643 00:34:29,160 --> 00:34:32,080 Speaker 4: two weeks. It's absolutely comfortable. But that's horrible if you 644 00:34:32,440 --> 00:34:34,759 Speaker 4: are looking to rest, if we are, if you've had 645 00:34:34,800 --> 00:34:37,000 Speaker 4: a really tough turning in twenty five and you really 646 00:34:37,080 --> 00:34:40,000 Speaker 4: want to have a mental break, you know you don't 647 00:34:40,000 --> 00:34:44,200 Speaker 4: want anyone within a one hundred kilometers of you, right 648 00:34:44,320 --> 00:34:47,120 Speaker 4: within the upplate plenty of places with South Africa like that. 649 00:34:47,440 --> 00:34:49,880 Speaker 4: But if you don't start there and say what do 650 00:34:50,080 --> 00:34:53,320 Speaker 4: I want from this holiday, then you are actually signing 651 00:34:53,440 --> 00:34:57,000 Speaker 4: up to yourself for disaster SISO. 652 00:34:57,160 --> 00:34:58,480 Speaker 3: Is there a place, and I know you've been to 653 00:34:58,600 --> 00:35:02,080 Speaker 3: many many parts of the is there a place or 654 00:35:02,120 --> 00:35:05,959 Speaker 3: an experience that maybe stays with you more than others, 655 00:35:06,000 --> 00:35:08,520 Speaker 3: a place that maybe surprised you the most or maybe 656 00:35:08,920 --> 00:35:11,480 Speaker 3: and I think this like a valuable holiday can give 657 00:35:11,520 --> 00:35:14,200 Speaker 3: you this, It can make you think about life in 658 00:35:14,280 --> 00:35:17,120 Speaker 3: a different way. I mean, I cannot imagine the life 659 00:35:17,160 --> 00:35:19,759 Speaker 3: of someone who goes out on a boat every day 660 00:35:19,800 --> 00:35:22,440 Speaker 3: and fishes for a living, and whenever I see that, 661 00:35:22,600 --> 00:35:26,840 Speaker 3: I'm like, wow, that's so different to my life. Or 662 00:35:26,920 --> 00:35:30,520 Speaker 3: when I see people living in a small town where 663 00:35:30,560 --> 00:35:32,160 Speaker 3: everybody knows each other. 664 00:35:32,840 --> 00:35:35,320 Speaker 2: Again so different. I mean, part of me is envious 665 00:35:35,360 --> 00:35:38,160 Speaker 2: and part of me isn't. Is there a particular place 666 00:35:38,239 --> 00:35:41,520 Speaker 2: that you've sort of arrived or as you've left, you thought, actually, 667 00:35:41,600 --> 00:35:44,520 Speaker 2: this place is going to stay with me for some time. 668 00:35:44,640 --> 00:35:49,000 Speaker 2: And if there is a lot of money, it's not Johannesburg. 669 00:35:49,440 --> 00:35:52,240 Speaker 4: It's most definitely is my Joe bug I love Joeberg 670 00:35:52,280 --> 00:35:56,359 Speaker 4: by the definitely is so. I am a huge fan 671 00:35:56,680 --> 00:35:57,640 Speaker 4: of townships. 672 00:35:57,920 --> 00:35:58,080 Speaker 1: Right. 673 00:35:58,280 --> 00:36:02,000 Speaker 4: So in Danza, I don't know this up until I 674 00:36:02,080 --> 00:36:05,920 Speaker 4: think two years ago. I went river rafting in the 675 00:36:06,080 --> 00:36:09,400 Speaker 4: middle of Danzana. There is a guy who is a 676 00:36:09,520 --> 00:36:13,960 Speaker 4: guide in danzan and you do kayaking, you do river 677 00:36:14,160 --> 00:36:17,000 Speaker 4: rafting in Tanzana. I will never forget that because I've 678 00:36:17,040 --> 00:36:19,200 Speaker 4: done kayaking and river rafting in other parts of the 679 00:36:19,320 --> 00:36:21,719 Speaker 4: world and in South Africa. But when I got to 680 00:36:21,920 --> 00:36:25,640 Speaker 4: do it in Dantown, I thought, this is amazing. I'm 681 00:36:25,680 --> 00:36:27,879 Speaker 4: here in the middle of the Eastern Cape and I'm 682 00:36:27,920 --> 00:36:31,440 Speaker 4: doing kayaking. That will always always stay with me. 683 00:36:32,160 --> 00:36:35,480 Speaker 3: Sure, I mean I think of experiences like that. I 684 00:36:35,640 --> 00:36:38,000 Speaker 3: was in a place over the weekend this last weekend, 685 00:36:38,640 --> 00:36:41,279 Speaker 3: I mean less than two hours away from joe Burg. 686 00:36:41,600 --> 00:36:46,280 Speaker 3: I was on my bicycle and they were for giraffe. Surely, 687 00:36:46,400 --> 00:36:48,279 Speaker 3: at some point the rest of the world is going 688 00:36:48,320 --> 00:36:49,560 Speaker 3: to wake up to this and we're going to make 689 00:36:49,560 --> 00:36:51,320 Speaker 3: an absolute fortune when that happens. 690 00:36:52,719 --> 00:36:55,319 Speaker 4: Yeah, I hope the rest of the world really does 691 00:36:55,400 --> 00:36:58,879 Speaker 4: wake up to that. And my prayer always is let's 692 00:36:59,120 --> 00:37:02,160 Speaker 4: leave the hot spots alone. They don't need us, they 693 00:37:02,200 --> 00:37:05,239 Speaker 4: don't need our money, but the rest of the country does. 694 00:37:05,360 --> 00:37:07,680 Speaker 4: Like where you were two hours outside of Jobert, you 695 00:37:07,760 --> 00:37:10,480 Speaker 4: don't even have to drive that far outside of Joberg 696 00:37:10,760 --> 00:37:14,160 Speaker 4: to these magical places. I'm a cyclist myself. I love 697 00:37:14,280 --> 00:37:17,040 Speaker 4: my mountain bike because it allows me to be able 698 00:37:17,120 --> 00:37:20,440 Speaker 4: to soak things in. You know, the environment where I'm in, 699 00:37:21,000 --> 00:37:24,480 Speaker 4: so to be able to cycle two hours outside of 700 00:37:24,560 --> 00:37:28,440 Speaker 4: Jobert is magical. The air is clean, it's green, it's 701 00:37:28,560 --> 00:37:30,880 Speaker 4: just lush. And the rest of the world, I can 702 00:37:30,960 --> 00:37:35,160 Speaker 4: tell you now you get more foreigners coming into South 703 00:37:35,160 --> 00:37:38,720 Speaker 4: Africa to do those types of activities down South Africans 704 00:37:38,760 --> 00:37:42,360 Speaker 4: because again South Africans tend to go to these tourist hospots. 705 00:37:42,600 --> 00:37:45,600 Speaker 4: We are comfortable with delban caped on Jobert, but we 706 00:37:45,680 --> 00:37:48,560 Speaker 4: don't want to kind of get out there and say, listen, 707 00:37:49,040 --> 00:37:52,600 Speaker 4: what else can I do? This beautiful advast country of 708 00:37:52,680 --> 00:37:55,160 Speaker 4: hours where have I not been? Let me go to 709 00:37:55,280 --> 00:37:56,200 Speaker 4: that dorty. 710 00:37:57,520 --> 00:37:59,200 Speaker 3: So this is so wonderful to talk to you again, 711 00:37:59,239 --> 00:38:02,439 Speaker 3: Thank you so much. Sisum Quanazi is a travel writer. 712 00:38:02,719 --> 00:38:05,000 Speaker 3: As you can hear five minutes now to seven. 713 00:38:05,440 --> 00:38:11,040 Speaker 1: Stephen, taking your calls on oh one one three oh seven. 714 00:38:11,040 --> 00:38:14,080 Speaker 3: Two sign for the Friday biz Blitz on The Money 715 00:38:14,160 --> 00:38:15,680 Speaker 3: Show this Friday night. 716 00:38:15,760 --> 00:38:17,640 Speaker 2: You know how it works. We put out a question. 717 00:38:18,160 --> 00:38:20,040 Speaker 3: You call us on A double one double A three 718 00:38:20,120 --> 00:38:22,799 Speaker 3: oh seven O two two one four four six, five 719 00:38:22,920 --> 00:38:25,640 Speaker 3: six seven. If you get it right, we move on 720 00:38:25,760 --> 00:38:27,960 Speaker 3: to the next question. If you get it wrong, we 721 00:38:28,160 --> 00:38:32,000 Speaker 3: move on to the next caller. Okay, first question on 722 00:38:32,120 --> 00:38:36,560 Speaker 3: the Friday bis Blitz. Which Major Hollywood Studios board has 723 00:38:36,680 --> 00:38:40,160 Speaker 3: told shareholders to reject an offer because it says the 724 00:38:40,200 --> 00:38:43,880 Speaker 3: people who've made the offer are lying. Which Major Hollywood 725 00:38:43,880 --> 00:38:47,439 Speaker 3: Studios board has told shareholders to reject an offer because 726 00:38:47,480 --> 00:38:49,799 Speaker 3: it says the people who've made that offer are lying. 727 00:38:50,040 --> 00:38:52,080 Speaker 3: Oh double one double A three oh seven O two 728 00:38:52,200 --> 00:38:54,680 Speaker 3: O two one four four six, five six seven. 729 00:38:55,840 --> 00:38:58,520 Speaker 6: The Money Show, Stephen Crutez is brought to you by 730 00:38:58,640 --> 00:39:03,560 Speaker 6: ABSIR c IB Proud Sole Leader Ranger and Infrastructure Finance 731 00:39:03,600 --> 00:39:07,120 Speaker 6: Structuring Agent of the South African National Treasuries eleven point 732 00:39:07,200 --> 00:39:10,600 Speaker 6: eight billion RAD Infrastructure and Development Finance Bond. 733 00:39:12,719 --> 00:39:15,040 Speaker 5: The Money Show Frida eight bus. 734 00:39:15,000 --> 00:39:17,920 Speaker 3: List double ONEA A three oh seven two two one 735 00:39:17,960 --> 00:39:20,520 Speaker 3: four four six o five six seven. First question, which 736 00:39:20,640 --> 00:39:24,680 Speaker 3: major Hollywood studios board has told shareholders to reject an 737 00:39:24,719 --> 00:39:26,800 Speaker 3: offer because it says the people who've made the offer 738 00:39:27,480 --> 00:39:31,200 Speaker 3: are lying. Let's start with Tuble and pro Tier Glenn Tabor. Hi, 739 00:39:31,280 --> 00:39:32,000 Speaker 3: do you know the answer? 740 00:39:33,120 --> 00:39:34,160 Speaker 4: Yes, I know the answer. 741 00:39:34,920 --> 00:39:37,560 Speaker 2: What is it? Double h It's well abroad. 742 00:39:38,520 --> 00:39:41,080 Speaker 3: I'm gonna give it to you Warner Brothers Discovery. Yes 743 00:39:41,320 --> 00:39:44,919 Speaker 3: it is Okay, okay, double, you're ready for the second question? 744 00:39:45,000 --> 00:39:45,360 Speaker 2: Here we go. 745 00:39:46,200 --> 00:39:49,840 Speaker 3: What is the name of the person who has just 746 00:39:50,040 --> 00:39:55,640 Speaker 3: been confirmed as the new US ambassador to South Africa? 747 00:39:55,760 --> 00:39:58,000 Speaker 3: Do you know who the new American ambassador is who 748 00:39:58,040 --> 00:39:59,480 Speaker 3: was confirmed by the Senate this week? 749 00:40:00,360 --> 00:40:00,560 Speaker 1: Oh? 750 00:40:00,640 --> 00:40:04,200 Speaker 4: My gosh, and I saw your speech as sometimes to 751 00:40:04,280 --> 00:40:15,040 Speaker 4: their online double Oh oh oh gosh, I'm blank? 752 00:40:15,719 --> 00:40:17,440 Speaker 2: Okay, sorry, double, thank you. 753 00:40:19,000 --> 00:40:23,080 Speaker 3: Mark and Randberg has just dropped the line there, unfortunately, 754 00:40:23,960 --> 00:40:26,759 Speaker 3: but O double one double eight, three, seven, two and 755 00:40:27,120 --> 00:40:30,880 Speaker 3: two one four for six five sixty seven. Second question, 756 00:40:31,080 --> 00:40:33,840 Speaker 3: let's a second question on the Money Show tonight. What 757 00:40:33,960 --> 00:40:36,480 Speaker 3: is the name of the person who's just been confirmed 758 00:40:36,520 --> 00:40:38,880 Speaker 3: to the new US ambassador? Let's try Mark and Randberg. 759 00:40:38,960 --> 00:40:40,480 Speaker 3: There you are, Mark, do you know the answer? 760 00:40:41,520 --> 00:40:42,360 Speaker 7: That's why I hang up? 761 00:40:43,160 --> 00:40:48,600 Speaker 2: Okay, Mark, thank you. I appreciate it. Thanks Mark. The 762 00:40:48,800 --> 00:40:50,359 Speaker 2: name of the person. 763 00:40:50,880 --> 00:40:54,719 Speaker 3: Recording, he's being very generous about it. The name of 764 00:40:54,800 --> 00:40:56,919 Speaker 3: the person who's just been confirmed as the new US 765 00:40:57,000 --> 00:41:01,160 Speaker 3: ambassador to South Africa Mandler rose Bank. Mindla, I think 766 00:41:01,160 --> 00:41:06,960 Speaker 3: we've spoken before. Good evening, I blind Bonzo it is. 767 00:41:07,160 --> 00:41:10,520 Speaker 2: It's Leo Brent Bozel. The third I'm not sure where 768 00:41:10,520 --> 00:41:11,279 Speaker 2: the third comes from. 769 00:41:11,400 --> 00:41:16,840 Speaker 3: Okay, Next question, which major twenty billion rand coastal development 770 00:41:16,960 --> 00:41:20,600 Speaker 3: is being planned near Ballito? It features a marina, residential 771 00:41:20,760 --> 00:41:26,959 Speaker 3: estates and commercial space. We spoke to them last night, Mandla. Sorry, 772 00:41:27,040 --> 00:41:29,960 Speaker 3: Just to the question, what is the name of the 773 00:41:30,080 --> 00:41:33,960 Speaker 3: major twenty billion rand coastal development that's been planned near 774 00:41:34,040 --> 00:41:38,000 Speaker 3: Bellito features a marina, residential estates and commercial space. 775 00:41:38,040 --> 00:41:43,080 Speaker 2: It's gays Ada in North coast, Oh, Mandla? 776 00:41:44,600 --> 00:41:45,080 Speaker 4: Would that be? 777 00:41:46,800 --> 00:41:47,040 Speaker 7: Yeah? 778 00:41:49,400 --> 00:41:49,520 Speaker 4: Uh? 779 00:41:50,200 --> 00:41:51,120 Speaker 1: Not kid there, I know. 780 00:41:52,840 --> 00:41:53,160 Speaker 2: Not what. 781 00:41:55,760 --> 00:41:56,279 Speaker 5: Any kid? 782 00:41:57,280 --> 00:41:57,320 Speaker 6: No? 783 00:41:57,680 --> 00:42:03,239 Speaker 3: No, Mindla, sorry, Mindla. But what is the name of 784 00:42:03,320 --> 00:42:07,600 Speaker 3: that major coastal development that's been planned near Belito? Double one, 785 00:42:07,640 --> 00:42:11,480 Speaker 3: double A three seven oh two two one four four 786 00:42:11,480 --> 00:42:12,319 Speaker 3: six and fast six seven. 787 00:42:12,560 --> 00:42:14,440 Speaker 2: Mark from Ramberg you think you know this one? 788 00:42:15,400 --> 00:42:20,000 Speaker 4: I think it's a club made No. 789 00:42:21,120 --> 00:42:25,560 Speaker 2: Sorry, Mark, I'm hoping that tomorrow is kind of to you. Mark. Sorry, 790 00:42:28,320 --> 00:42:31,200 Speaker 2: no thanks though, Mark on the line from Ramberg. 791 00:42:31,680 --> 00:42:36,520 Speaker 3: The answer, I'm afraid is the Zimbali Marina and state development. 792 00:42:36,560 --> 00:42:37,439 Speaker 3: Good evening, it's seven