BizNews Radio

As fuel prices surge, DA finance spokesperson Dr Mark Burke argues government should cushion the shock by cutting the general fuel levy and Road Accident Fund levy. We then track a busy corporate update: Standard Bank sets ambitious growth targets built around AI, payments and fintech, while Woolworths ties its incoming CEO’s big share award to demanding performance hurdles. Bloomberg reports a landmark jury verdict finding Meta and Google liable in a social-media addiction case, and we close with a Good Hope story on hearX — the South African health-tech firm pushing newborn screening and teacher training via mobile tools.

In the latest edition of the Electoral Roadshow with Chris Steyn, Elections Analyst Wayne Sussman dissects last night’s by-election results. It was another good night for the Patriotic Alliance (PA). It took the ward in Oudtshoorn with 44 percent of the vote - up from 12 percent. “Now that's a stunning rise. And this is the PA's second consecutive ward pick up over the ANC in two weeks…So the PA are continuing to hurt the ANC.” In another blow to the African National Congress (ANC), the party managed to win only 47% of the vote in Dunoon, Cape Town. “That's a stunning drop of 18 percentage points. It means that in this stronghold, the ANC fell below the 50% mark. That is a very worrying number for the second largest party in the City of Cape Town.” Reviewing the party’s overall by-election performance in recent months, Sussman adds: “...what we saw towards the end of last year and the beginning of this year in township areas in Gauteng, the ANC losing votes in its strongholds in all directions…”

In a hard-hitting keynote at BNC#8 Parlianentary Committe on Police chairperson, Ian Cameron, warns that South Africa’s crime crisis is not a failure of people - but a system deliberately weakened by political interference and corruption. From a hollowed-out police service to organised crime thriving within state structures, he argues the country is facing a breakdown in security at every level.

Speaking at BNC#8 in Hermanus, Cilliers Brink - DA mayoral candidate for Tshwane - delivered a sharp warning on the growing threat of collapsing municipalities in South Africa. He argues that failing local governments undermine personal liberty by wasting taxpayer money and neglecting critical infrastructure. Drawing on his experience in office, Brink highlights mismanagement, political instability, and shrinking capital budgets as key issues. He proposes increased private sector involvement and long-term partnerships to restore service delivery, rebuild infrastructure, and prevent further economic and institutional decline.

In this edition of BizNews Daybreak, Alec Hogg explores the DA's radical proposal to cut the fuel levy by 50%. Finance spokesperson Dr. Mark Burke details how to cover the resulting R6.5 billion shortfall without raising taxes or increasing debt. Plus, we cover the surprising developments surrounding the Craig Warriner saga, unrest over the proposed lifetime presidency in Zimbabwe, and Wall Street's unexpected resilience.