BizNews

BizNews editor Alec Hogg leads with a political signal investors shouldn't miss: the DA is moving to replace John Steenhuisen as Agriculture Minister after three High Court cost orders — and his proposed successor is an actual farmer. Then Dr. Duarte da Silva's third paper on South Africa's gold lands with force: the Witwatersrand holds as much gold underground as it has ever produced, Australia s...

In this Boardroom Talk, BizNews editor Alec Hogg unpacks the political and practical unravelling of John Steenhuisen's tenure as South Africa's Minister of Agriculture. From the foot-and-mouth disease crisis that exposed a fatal mismatch between parliamentary skill and executive capability, to three damning High Court cost orders, Hogg traces how one of the DA's most respected figures ended up on...

In this interview with Chris Steyn, Political Commentator Solly Moeng gives his take on the latest developments in the impeachment drama surrounding President Cyril Ramaphosa, noting: “... he is buying time for himself, definitely for other people around him whose interests would not be aided by him leaving now and a certain Paul Mashatile is immediately coming in…” Moeng calls for the recall of A...

In this episode of Daybreak, we explore the tentative US-Iran deal and G7 skepticism surrounding the Strait of Hormuz. SpaceX's valuation surges to $2.65 trillion, overtaking Amazon, alongside its $60 billion acquisition of AI startup Cursor. Meanwhile, Washington imposes strict foreign access restrictions on Anthropic’s advanced AI models. In South Africa, the University of Fort Hare’s Vice Chanc...

Three JSE stories opened the week, and one theme cut through all of them: cash. Anglo Gold Ashanti confirmed a shareholder vote on a $2 billion share buyback, sending the stock up nearly 9%. Eskom's credit rating was upgraded by Fitch — not on its own merits, but on the back of South Africa's sovereign upgrade, with its standalone profile still deep in junk territory. Matengu flagged the sale of i...

In his latest interview with Chris Steyn, Grant Abbott the General Secretary of the National Tertiary Education Union (NTEU) shares evidence collected over years for the criminal complaint lodged against Vice-Chancellor Professor Sakhela Buhlungu who was recently placed on precautionary suspension by the Council and now faces charges of gross misconduct. Allegations in the union’s criminal complai...

In today's BizNews Daybreak: Global markets react to a historic US-Iran peace deal halting fighting for 60 days, while the Federal Reserve faces a high-stakes interest rate decision amidst rising inflation. Closer to home, President Cyril Ramaphosa scrambles to block a politically dangerous parliamentary impeachment inquiry over the Phala Phala scandal. Plus, Cape Town Mayor Geordin Hill-Lewis exp...

In today’s edition of the NdB Sunday Show with Chris Steyn and Lauren Evanthia, the founder of the Organic Humanity Movement, the hot topic is President Cyril Ramaposa’s urgent court bid to try and stop Parliament from conducting his impeachment inquiry. “And now the president is obviously scrambling. He knows what this means. If anything, this is almost an admission of guilt on his part…(and) how...

Stef and Daneel Steinmann couldn’t buy the vintage Springbok jerseys they kept seeing around Stellenbosch in 2019, a Rugby World Cup year when green and gold were everywhere, so after roughly 100 emails they found a supplier and started their own brand, Old School SA. Six years on, Old School holds official partnerships and licences with the Springboks, Orlando Pirates, Kaizer Chiefs, Manchester C...

In today's BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran. In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune. Finally, we highlight Adobe’s executive shakeup amid strong A...

Geordin Hill-Lewis says he has the best job in South African politics - and he's not giving it up. The DA leader explains why he's staying on as Cape Town mayor, tackles criticism of DA ministers, outlines bold plans to build a city detective branch, and shares his vision for expanding the party nationally. From crime and governance to coalition politics and election strategy, Hill-Lewis offers a...

Alec Hogg opens with a thesis from Merrill Lynch veteran Dr. Duarte de Silva: South Africa's abandoned gold mines and tailings dumps — written off at $300–$800/oz — are generating margins above $3,000 per ounce at today's prices. The Witwatersrand Basin still holds as much gold as has ever been extracted from it. Yet exploration spend has collapsed 95% from its 2006 peak. On the JSE: Wesizwe Plati...

In the latest Electoral Road Show with Chris Steyn, Elections Analyst Wayne Sussman describes how Gayton MacKenzie’s Patriotic Alliance (PA) is continuing to march onwards and upwards “weakening” both the Democratic Alliance (DA) and the African National Congress (ANC) in the Western Cape. In the latest by-election, the PA won 53% of the vote in Malmesbury Wesbank. “This used to be the safest DA m...

In today's BizNews Daybreak: Oil spikes after the US military launched retaliatory strikes on Iran, pushing May US inflation to a three-year high of 4.2%. Meanwhile, Oracle shares dipped 6% over cloud capex fears, Bill Gates testified on Capitol Hill regarding Jeffrey Epstein, and SpaceX's historic IPO drew $250 billion in institutional demand. Locally, explosive leaked chats reveal top South Afri...

Fears of an agenda to disarm private citizens are growing along with jaw-dropping allegations of criminal activity by top cops. In his latest interview with Chris Steyn, Jonathan Deal, the founder of Safe Citizen, warns that the public is not properly and fully informed on public safety, and takes viewers through the implications of proposed changes to firearms ownership and training regulations f...

A top South African cop, Major General Feroz Khan of Crime Intelligence, and a tobacco kingpin, Mohamed Sayed, plotted to “f….up well known anti-crime activist and Tax Justice SA Founder, Yusuf Abramjee. In this interview with Chris Steyn, Abramjee details a litany of shocking revelations in a 750-page bundle released by the Madlanga Commission. Abramjee vows not to be silenced. “General Khan has...

BizNews editor Alec Hogg unpacks a day when geopolitics, markets and history collided. SPAR's SA operating profit collapsed 73% — yet the stock rallied on relief. Afrimat's Competition Tribunal disposal barely moved the needle. MTN laid out its Ambition 2030 strategy and the market sold the news. Then the big stories: US and Iranian forces exchanged strikes near the Strait of Hormuz, Bill Gates fa...

A six-year delay, constitutional criticism, and allegations of misleading the court - Rob Rose’s investigation into South Africa’s Competition Tribunal raises serious questions about accountability and economic governance. In this hard-hitting discussion with Alec Hogg, Rose unpacks how regulatory paralysis, questionable decision-making, and a lack of consequences are undermining business confiden...

In this episode of BizNews Daybreak, US forces strike Iran after a helicopter downing, SpaceX's IPO sees massive demand, and IBM bets billions on quantum computing. In South Africa, the Competition Appeal Court slams egregious six-year delays crippling corporate deals, while Johannesburg's bleak budget exposes critical cash shortages and severe utility infrastructure backlogs. Finally, we highligh...

In his latest interview with Chris Steyn, political commentator Solly Moeng comments on President Cyril Ramaphosa’s poor handling of the immigration (and other) crisis; the mysterious social media campaign to position Freedom Front Plus Minister of Correctional Services Pieter Groenewald as a future president; questions about the R30 million “donation” to Rise Mzansi, the party that has an MP chai...

Johannesburg's new budget lays bare a city in financial distress: less than 10 days of cash reserves, a R220 billion infrastructure backlog, and revenue targets that ignore the fact that nearly half its water never gets billed. Alec Hogg dissects the numbers that every ratepayer and bondholder should see. Then: Jubilee Metals tries to win back the market with a credible operational update from Zam...

In today's Daybreak episode, OpenAI files for a fall IPO and SpaceX’s oversubscribed listing targets a $1.8 trillion valuation. Meanwhile, Israel and Iran ease strikes after Trump's intervention. Locally, a new AGOA proposal allows South African firms to opt out of BEE to avoid US tariffs, PPC's 84% profit surge triggers stock volatility, Bernard Montgomery reminisces on the old JSE floor, and the...

In June 1996, the JSE's open-outcry trading floor fell silent forever. Thirty years on, Irakli speaks to Bernie Montgomery — clerk-turned-broker — who recalls the chaos, camaraderie, and colourful lunches that defined an era before the screen took over.

Omnia and Sygnia deliver standout half-year numbers and shareholders cheer. PPC posts 84% profit growth and the stock drops 3.5%. Alec Hogg unpacks three SENS announcements that tell you everything about how markets actually work — and why beating expectations matters more than beating last year.

This morning’s Daybreak covers global market movements as oil ticks up amid Middle East tensions and tech shares slump globally. Meanwhile, Apple prepares to unveil its overhauled Siri and new AI features at WWDC. Locally, Lauren Evanthia addresses a massive R2 billion South African hospital scandal, Tara Roos breaks down Johannesburg's R200 billion infrastructure backlog and weak financial contro...