Alec Hogg

Johannesburg, South Africa

Alec Hogg

Johannesburg, South Africa

Alec Hogg (53) is a South African financial journalist and media entrepreneur.

His career kicked off in 1980 when he was employed as a trainee financial journalist. Hogg started his first business, a financial news agency, in 1988.

He entered broadcasting in 1992 as Economics Editor and subsequently head of News Input at SABC Television News. A two and a half year spell in executive management at ABSA Bank was followed by the launch of his second business, the Internet publishing company Moneyweb Holdings. Started as a one-man show above his garage at home, Moneyweb developed rapidly and its shares were listed on the Johannesburg Stock Exchange in July 1999 at the height of the Internet boom.

Hogg ran the business for most of the next decade and a half, building it into his country’s leading independent online publisher with a global presence through Mineweb.com. The sustainability of Moneyweb was achieved through Hogg’s introduction of business radio to South Africa; a field Moneyweb has dominated since 1997.

He took a semi-sabbatical to follow his family tradition of farming in 2010 and 2011, returning as Moneyweb’s CEO in April 2012. Hogg resigned seven months later following a misalignment of values with the controlling shareholder, Caxton. When he left the business, Moneyweb was the only survivor of more than a dozen initial Internet listings, was profitable, debt free and had R25m in cash resources.

A one-year restraint of trade on Hogg’s re-entry into financial journalism was terminated by mutual agreement in July 2013. CNBC Africa immediately recruited him back into television to co-host its Power Lunch programme.

Also in July 2013, Alec Hogg’s contribution to his industry was honoured by the Sanlam Financial Journalism competition presenting him with a Lifetime Achievement Award. This came 30 years after then 23 year old Hogg became the youngest overall winner of the Financial Journalist of the Year Award.

Hogg is a board member of South African Scouting, the governing body for the country’s hundreds of thousands of boy and girls scouts and part of a global movement of 32 million. As a schoolboy, he represented his country at the World Scout Jamboree in Norway in 1975.

He is married to Jeanette, a life coach and well-known sculptor. They met at school in Newcastle. He has two daughters, Caitlin and Kendyll, who are studying in Ireland.

  • Work
    • Publisher of Biznewz.biz