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Stand Up! Business
Daily Maverick
113 episodes
3 months ago
Investment banker Mark Barnes and Business Maverick editor Tim Cohen unwrap the news. A new edition of StandUp!Business midweek, every week.
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Business
News,
Business News
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All content for Stand Up! Business is the property of Daily Maverick and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Investment banker Mark Barnes and Business Maverick editor Tim Cohen unwrap the news. A new edition of StandUp!Business midweek, every week.
Show more...
Business
News,
Business News
Episodes (20/113)
Stand Up! Business
Donald Trump and the problem of having a BEE in your bonnet
The world and its distant relatives have had their say about the theatrical meeting between South African President Cyril Ramaphosa and US President Donald Trump. Is there anything more to say? The answer is, well, yes. Particularly, it turns out about golf, and the process of telling fibs not only about contentious local and international events, but more importantly, about your handicap. Entrepreneur Mark Barnes and Daily Maverick Editor at Large Tim Cohen discuss these and other important matters, including the utility and problems of “equity equivalents” when it comes to Black Economic Empowerment. Take a listen.
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3 months ago
20 minutes 52 seconds

Stand Up! Business
The inconvenience of knowing the whole truth
For philosophers, the truth is indivisible. But sometimes, there are those among us who think that the truth should not be divided, as such, but … why use it all? Particularly when it's really only necessary to use part of it - for reasons of convenience and utility, you understand. You just use the part that makes them look good. In this podcast, Entrepreneur Mark Barnes and Daily Maverick Editor-at-Large Tim Cohen discuss politicians and businesses using the convenient segmental approach to the truth over the past week. And speaking of US President Donald Trump, what is going to happen when he meets President Cyril Ramaphosa later this week? The best guess is that the partial truth will be plain to see.
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3 months ago
19 minutes 6 seconds

Stand Up! Business
SA winning international team events, losing local common purpose.
What a day. The first Afrikaner “refugees” leave for the USA. On the same day, SA topped the tables in the World Athletics Relays in Guangzhou, China, winning two and coming third in another, breaking a national record. The 4x100 victory came against the mighty US team, which has won 15 Olympic gold medals in the event over the years, and the Canadian team, which won the most recent Olympic medal. As this was all going down, 50-odd Afrikaners arrived in Washington on route to Texas, where they will take up their refugee status. What is the difference between these two events? Why is SA so successful in sporting integration and so bad at political integration? Listen in.
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4 months ago
19 minutes

Stand Up! Business
Feasting at the Buffett
When hunger strikes, the fiscally responsible glutton knows what to do: scout around until you find a hotel with a buffet and pile your plate like it’s a game of edible Jenga. Essentially, that is what investors have achieved over the years by backing Warren Buffett, who retired at 94 over the weekend; investment Jenga. The Economist calculates that from 1965, when Buffett made his first investment, to the end of last year, Berkshire’s value rose by more than 5.5 million percent, on average 20% annually. The S&P 500 gained 39,000% over that time. Buffett is now worth $162 billion, and he is now going to devote himself to giving most of it away. Entrepreneur Mark Barnes and Daily Maverick Editor at Large Tim Cohen unnecessarily add to the superlatives, and conclude that SA could do with some of that investment nous. Enjoy.
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4 months ago
21 minutes 43 seconds

Stand Up! Business
Is freedom just another word for nothing left to lose?
Most arguments in favour of freedom are positive: the correlation between freedom and human development goals is, generally speaking, pretty strong. But actually, the most powerful arguments in favour of freedom are negative: if you live in a place where freedom is limited and autocrats, your chances of ending up dead are pretty high. South Africa celebrated Freedom Day this week, and in this podcast, entrepreneur Mark Barnes and journalist Tim Cohen discuss the famous - and famously cryptic - line in Kris Kristofferson’s song Me and Bobby McGee, “freedom is just another word for nothing left to lose”. And we conclude, actually, it isn’t.
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4 months ago
20 minutes 32 seconds

Stand Up! Business
The popes legacy and the future of the budget
Pope Francis, not for nothing the namesake of St Francis of Assisi, died on Easter weekend, a wonderful coda to a remarkable career. Francis was a compassionate reformer who tried to modernise the church, and it was a mark of his humility that he appeared in public to deliver Easter blessings less than 24 hours before his death. In this podcast, entrepreneur Mark Barnes and Daily Maverick Editor-at-Large Tim Cohen discuss his legacy, lessons for those outside the church, and, would you believe, the significance of his passing at the age of 88. Barnes also has an idea that could obviate the VAT increase: a new office in government - the office of fair market value. Enjoy!
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4 months ago
19 minutes 42 seconds

Stand Up! Business
Tariffs have two "f"s
The stock markets around the world are in a funk following the decision by US President Donald Trump to impose "reciprocal tariffs" on more or less all the US's trading partners - except they weren't reciprocal, they were punitive. Then, there was a rumour that the tariffs would be put on pause. The markets went up. But that was denied. The markets went down. Then, they were put on pause. The markets went up. This is why, according to entrepreneur Mark Barnes and Daily Maverick Editor at Large Tim Cohen, the word "tariffs" ends in the letters FFS.
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5 months ago
19 minutes 47 seconds

Stand Up! Business
My f** Marelize!
A while ago now, a Twitter post called “My f** Marelize!” went viral. The pathos, the humor, and the undercurrent of frustration were all captured in an 18-second video of a mother trying to teach her hapless daughter (we assume) how to ride a bicycle and avoid the only obstacle in miles: the goal posts. That short video is oddly a great representation of our current moment as a country, faced as we are with both internal and external calamities. In this podcast, entrepreneur Mark Barnes and Business Maverick editor at large Tim Cohen discuss the Trump Tariff Tantrum and the possible end of the Government of National Unity. The conclusion? We need to learn how to ride the bike, but properly this time.
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5 months ago
20 minutes 57 seconds

Stand Up! Business
The nappy law of politicians and the futility of tariff wars
Government is always looking for money to take rather than money to make, says entrepreneur Mark Barnes in this discussion over the news of the week with Daily Maverick editor at large Tim Cohen. Which leads us to the delicate issue of the Nappy Law of Politics - and business, as it happens. With the GNU on the brink (again!) over the budget, we discuss its successes and failures, and the futility of tariffs. But why, then, are they so popular? See nappies above.
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5 months ago
20 minutes 56 seconds

Stand Up! Business
What is the (diplomatic) state of brand SA?
In this episode entrepreneur Mark Barnes and Daily Maverick editor at large Tim Cohen discuss branding - and that's not the kind you do to the cow. How important are brands (very), how do you work out what a brand is worth (complicated), and most importantly, how is Brand South Africa doing? (Even more complicated). Conclusion: SA’s brand has taken a knock, but it's holding up, and potentially could be a lot better. How? Listen up.
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5 months ago
20 minutes 29 seconds

Stand Up! Business
SA sources of capital are (expletive deleted)
Let's get some things straight. There are only three (expletive deleted) sources of capital; debt, tax, and foreign investment. Well, actually there are more, but as entrepreneur Mark Barnes and Daily Maverick Editor at Larger Tim Cohen discuss, these are the main three, and SA needs to focus on the third because SA’s debt is too high and its taxes too onerous. We also discuss diplomacy and swearing; you might not think the two go together, but they do.
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6 months ago
22 minutes 14 seconds

Stand Up! Business
We are 100 podcasts old, but let's have a budget for the youth
SA’s Government of National Unity is trying to get its budget passed for the second time this week, but there is something missing in the mix: growth. Entrepreneur Mark Barnes and Maverick Editor at Large Tim Cohen discuss the lack of transformative projects and - since our podcast is now over a century old - how age plays into the process of a growth mentality. Also, Johannesburg.
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6 months ago
20 minutes 45 seconds

Stand Up! Business
The new world (dis)order: is that an iceberg we see?
Like much of the world, entrepreneur Mark Barnes and journalist Tim Cohen were mesmerised by the Oval Office showdown between US president Donald Trump and Ukraine's President Volodymyr Zelenskyy which ended in name-calling, finger pointing, and no deal. It's tempting to extrapolate too far, but it's clear a rift has developed between the post-war diplomatic reality. In this podcast we discuss this issue and how it affects South Africa, particularly our delayed budget discussions. TL;DR - self-sufficiency is the new global watchword.
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6 months ago
19 minutes 53 seconds

Stand Up! Business
What’s brewing in that VAT?
What was that phrase, “Vat hom!”? Well, I think we can all agree that suggesting a two percentage point increase in VAT, was really going for it. The budget and the proposed VAT increase was, somewhat inevitably, the main topic of conversation between entrepreneur Mark Barnes and Daily Maverick editor at large Tim Cohen. One question remains: what about looking at a few savings here and there? Just asking. We also cover other issues of national and global importance, like investments, sovereign wealth funds and smelly feet.
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6 months ago
20 minutes 11 seconds

Stand Up! Business
Everybody’s war and nobody's budget.
It's budget week, which means it's a period of festivity and celebration as we all look forward to higher taxes. Not necessarily. We will see on Wednesday. In the meantime, entrepreneur Mark Barnes and Daily Maverick Editor at Large Tim Cohen discuss the budget this week among many other topics, somewhat in trepidation. And we reach the conclusion that the country needs to confront its weaknesses head-on and not keep looking for incremental improvements. Will that happen? Not sure. And will there be peace in Ukraine? And who drilled a hole in the Gautrain tunnel? These are things we need to know.
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6 months ago
19 minutes 49 seconds

Stand Up! Business
Legalise artisanal mining, leave for the USA, and stealing without a conscience
When you turn your friends into your enemies, don’t all your enemies suddenly become friends - with each other? There is an intrinsic design flaw when it comes to alienating your friends, but US President Donald Trump doesn’t seem to care. But hey, he’s not totally friendless - Trump has reached out to Afrikaners and initiated a new great trek. It sticks in the craw that it takes someone like Trump to point out weaknesses in local legislation like the Expropriate Act, but that’s what entrepreneur Mark Barnes and Daily Maverick editor at large discuss. “When you apply force to achieve an objective, and not persuasion, you end up with a fight and not a result,” says Barns. Listen up.
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7 months ago
21 minutes 7 seconds

Stand Up! Business
Exciting Deep Seek, middling mining, boring repairs and maintenance
There are few things more fun than buying a new car, and few things more boring than taking it in for regular and expensive services. But the utility of making regular repairs can extend the life of everything, including as it happens, your own life. In South Africa, repair culture is in urgent need of repair. Entrepreneur Mark Barnes and journalist Tim Cohen try to keep their sagacity in repair by talking through the latest Trump Tantrum, the state of mining in South Africa and the news of the week. By all means, join us.
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7 months ago
18 minutes 34 seconds

Stand Up! Business
Is there enough common ground in GNU in the year of the snake?
Slightly inevitably, the GNU is going through a bout of indigestion. How serious is it? Should we be buying gold, selling the rand and stocking up on loo paper? Entrepreneur Mark Barnes and financial journalist Tim Cohen discuss why it is that political parties seem to be more interested in their internal battles than they are in the problems of the SA population at large. Somewhat appropriately, we are about to go into the year of the snake according to the Chinese lunar system. And while we are on the subject of slithering, how was US President Donald Trump’s first week in office? Busy, it turns out.
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7 months ago
19 minutes 8 seconds

Stand Up! Business
Playing the Trump card - again. And the matric results ... degrees of success.
There is no escape. This week's news is going to be dominated by the inauguration of The Donald. Entrepreneur Mark Barnes and journalist Tim Cohen discuss how the world will change from this week - and how it won't. All of a sudden, the world itself seems to be a different place, and we will all need to look to our laurels - if we have them. And SA's 2024 crop of matriculants seems to have laurels in huge quantities with pass rates increasing impressively. That means applications at SA's universities are now overwhelming. But is a university degree the be-all and end-all of education and training? This and other stuff; take a listen.
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7 months ago
20 minutes 33 seconds

Stand Up! Business
The morality of yachts and the ANC's January 8th statement
What is the difference between being adaptable and actually adapting? Entrepreneur Mark Barnes and journalist Tim Cohen discuss this and other important Darwinian questions, including the relationship between humans and yachts. And that raises the question, is Africa adapting or is it just adaptable? Are names of oceans adapting, like the African Ocean for example, formally known (somewhat unfairly) as the Indian Ocean. Its a wild start to Januworry, and we are only half way through!
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8 months ago
19 minutes 2 seconds

Stand Up! Business
Investment banker Mark Barnes and Business Maverick editor Tim Cohen unwrap the news. A new edition of StandUp!Business midweek, every week.