BizNews

Rian Malan is the author of My Traitor's Heart — a bestseller translated into 11 languages, still in print decades after publication, and a book that drew praise from V.S. Naipaul, John le Carré and the New York Times as one of the most important works ever written about South Africa. In short, he is the real thing, one of the finest non-fiction writers our country has produced. And for me, easily...

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword for discount and drift, has delivered full-year results that show a genuine turnaround...

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route is worth the risk. We also unpacks Cape Town losing its clean audit, a record Korean tech bet, and Venezuela's...

In the latest edition of the NdB Sunday Show with Chris Steyn, Lauren Evanthia, the Founder of the Organic Humanity Movement (OHM), talks about fears that the National Shutdown this week could spark unrest with African National Congress (ANC) SG Fikile Mbalula accusing former President Jacob Zuma of fuelling anti-immigrant violence: “..when we reach a point when…systems start to crumble because of...

The Zynga founder and OpenAI investor can't understand why analysts cap consumer AI at $500 billion in what he sees as a $6 trillion market - he thinks that gap is exactly where the real opportunity lies. Oil spiked as Iran struck a cargo ship in the Strait of Hormuz mid-negotiation, OpenAI stalled its IPO, and African Bank posted a near-billion-rand loss. Back home, who is behind the assassinatio...

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up more than sixfold, and the very morning African Bank’s loss landed, Tharisa was locking in fresh fundi...

In the latest edition of The Electoral Road Show, Chris Steyn and elections analyst Wayne Sussman talk about Ekurhuleni finally managing to pass a R71-billion budget thanks to the Democratic Alliance (DA) supporting the African National Congress (ANC). Sussman warns: “...we know the Freedom Front did far better in Ekurhuleni than the City of Johannesburg in 2021. And they could also say, look, the...

South Africa made World Cup history as Bafana Bafana beat South Korea to reach the knockout stages for the first time ever. Oil slides for a fourth straight session on Iran deal oversupply, and Micron surges 11% on AI chip demand. The bigger question hanging over the morning: what has President Ramaphosa still not told South Africa about the Phala Phala money - and can the truth stay hidden?

Bafana Bafana are one result away from making World Cup history — but the path to the Round of 32 is complicated. With one point from two games and South Korea standing in their way on Thursday morning (3 AM SA time), Hugo Broos' men still have multiple routes through. The question is: how likely is each one? In this video, we break down every scenario that could see South Africa advance — from th...

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800% earnings swing, and the full story has not landed yet.

Three politicians - an ANC councilor and two aspirants from rival parties - were gunned down in a single evening as South Africa's 2026 election year turns violent, and a commentator warns the worst may still be ahead. Steenkamp Kraal's rare earth processing milestone gives the West its clearest shot yet at breaking China's grip on critical minerals, while semiconductor stocks shed more than 10% o...

Election year 2026 is turning deadly and dirty. In his latest interview with Chris Steyn, political commentator Solly Moeng slams the Speaker of Parliament for not opposing President Cyril Ramaphosa's urgent bid to stave off his impeachment inquiry. “I for one should not be surprised if the Speaker would have been called into some meeting somewhere with the political party leadership that deployed...

We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater’s debt-free gold business despite solid restructuring plans. We also highlight Attacq’s resilient property portfolio and Steenkamp Kraal’s historic rare earth processing breakthrough. Finally,...

Today's BizNews Daybreak covers the US granting Iran a 60-day oil sale license following Switzerland peace talks. Tech stocks retreat as Alphabet slips 5% and Qualcomm eyes a $4 billion Modular acquisition. In the UK, Keir Starmer resigns as PM, clearing the path for Andy Burnham. Plus, the ISS warns of Mexican drug cartels in South Africa, Naspers reports surging core earnings, and Nouriel Roubin...

Following the recent R1-billion drug bust at Beitbridge, there is renewed focus on the warning by KZN Provincial Police Commissioner General Nhlanhla Mkhwanazi that South Africa could become another Mexico or El Salvador if politically- and police-connected drug cartels were not dealt with. In this interview with Chris Steyn, Willem Els of the Institute for Security Studies (ISS) shares the findin...

Good numbers, wrong catalyst. That's the Monday verdict on the JSE. Naspers flagged core earnings growth of up to 28% and still lost ground, sitting 37% off its 52-week high. Standard Bank reported resilient five-month earnings but moderated from a 12% first-quarter pace — sell-the-news into a stock already up 8% in a fortnight. Herriot acquired three Gauteng office blocks in a related-party deal...

This episode of BizNews Daybreak covers the US-Iran preliminary nuclear agreement, an FDA panel's approval of Moderna’s new mRNA flu vaccine, and upcoming Fed inflation data threatening further interest rate hikes. Domestically, Lauren Evanthia discusses a proposed South African cabinet reshuffle and John Steenhuisen's political demotion. Finally, we analyze the massive capital drain from SpaceX,...

“..We need to reach a point where the people as individuals and as a population are stronger than governing systems, and those governing systems can't be in a position to control; they need to simply govern, build infrastructure, fix roads - not have control and power over people.” That is the call from Lauren Evanthia, the founder of the Organic Humanity Movement (OHM) on the NdB Sunday Show with...

In today's BizNews Daybreak, the US-Iran interim peace deal takes effect amidst Israeli criticism, while Washington raises alarms over ASML technology shipments to China. Meanwhile, markets surge as Intel partners with Apple, and retail demand drives SpaceX’s explosive post-IPO rally. Domestically, political shockwaves hit as John Steenhuisen is removed in a DA reshuffle, Brait shares plunge follo...

Today’s BizNews Daily Edge unpacks how the US Federal Reserve’s hawkish hold is rippling through South African markets, where expensive money is forcing companies and government alike to show the strength of their balance sheets. Irakli looks at Brait’s deeply discounted R2.5bn rights offer to cut debt and support Virgin Active, BHP’s market shrug at a $2bn potash blowout, and National Treasury’s...

SpaceX’s blockbuster debut has reignited debate over whether Elon Musk is building the world’s most valuable company – or the next great market bubble. In this wide-ranging discussion, Magnus Heystek and Anthony Ginsberg unpack the investment case behind SpaceX, Starlink, Anthropic and OpenAI, weighing extraordinary growth potential against eye-watering valuations. From AI breakthroughs and satell...

In the latest Electoral Road Show with Chris Steyn and analyst Supremo Wayne Sussman, he dissects the Democratic Alliance’s big Cabinet reshuffle, particularly the ministerial demotion of former party leader by the new leader Geordin Hill-Lewis, as well as the posts now allotted to the Willie Aucamp, David Maynier, Yusuf Cassim and Gauteng veteran Jack Bloom. “I think that Hill-Lewis had no choice...

Today's Daybreak covers the landmark US-Iran peace deal and the Federal Reserve's unanimous decision to hold interest rates steady. Alec Hogg analyses DA leader Geordin Hill-Lewis's strategic cabinet demotion of Agriculture Minister John Steenhuisen. We also unpack SpaceX's massive $2.52 trillion IPO valuation, the Western Cape's expanding provincial policing powers, and South Africa's missed expl...

SpaceX has become the hottest story in global investing, soaring to a valuation above $2 trillion and captivating markets worldwide. But is it a revolutionary business success or a masterclass in financial engineering? In this candid interview, Cy Jacobs argues that Elon Musk has cracked the code of modern market structure, using limited share supply, passive index demand and options trading to fu...