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BizNews Radio

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BizNews Radio
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  • BizNews Radio

    SpaceX at $1.75tn: Musk’s Wall Street moonshot — or science-fiction risk for investors? | FT Unhedged

    2026/06/01 | 24 mins.
    At $1.75 trillion, SpaceX is set to be the largest listing ever. Unhedged's Katie Martin and Rob Armstrong are joined by Lex editor John Foley to discuss Elon Musk's latest headline maker. The boy from Pretoria keeps remaking financial history.
  • BizNews Radio

    Andrew Morphew - Steenhuisen’s “stockpile of vaccines sitting” in State fridges

    2026/06/01 | 11 mins.
    Livestock farmers across South Africa remain desperate for the Foot and Mouth Disease outbreak to be contained. In his latest interview with Chris Steyn, Andrew Morphew, the spokesperson for FMD Response SA, says: “The Industry Coordinating Council says that 1,3 million doses have been distributed to the province (KZN), whereas just over 600 000 doses have been administered. So there are a lot of vaccines which are sitting in fridges.” As for the whole country, Morphew says while there is a reported 13,5 million doses in the country currently, the Portfolio Committee has reported 3,8 million doses administered. “So there's a massive discrepancy…The department is obviously sitting on a very large stockpile of vaccines now. Make some of that available to the private sector so that people that want to vaccinate their animals can. Let us use the route that has been given to us by the court in order to get those vaccines into animals as fast as we possibly can.” Morphew reiterated that over 90% of commercial beef farmers in KZN had not had access to State vaccines, but “they say they've started vaccinating beef herds now”. Agriculture Minister John Steenhuisen will give his update at a Press briefing today.
  • BizNews Radio

    BN Daybreak - Mon 1 June 2026: Oil Climbs; SpaceX IPO frenzy; BEE critiques; Chelsea Flower show Gold

    2026/06/01 | 15 mins.
    In today's BizNews Daybreak: Global energy markets watch closely as Brent crude climbs back past $93 a barrel amid a tense US-Iran stalemate over the Strait of Hormuz. Meanwhile, global investors rush into funds ahead of a massive, AI-linked SpaceX IPO.

    Businessman Sam Montši critiques BEE implementation, calling for unity over forced division.

    Finally, designer Leon Kluge overcomes severe weather to secure gold at the Chelsea Flower Show.
  • BizNews Radio

    Cyril’s FBI trouble, Mashatile’s Flats move, Mkhwanazi’s award and the Woolies bombs| The NdB Sunday Show

    2026/05/31 | 27 mins.
    In the latest edition of the NdB Sunday Show, Chris Steyn talks to Lauren Evanthia, the Founder of the Organic Humanity Movement (OHM), about the “walls closing in” on President Cyril Ramaphosa with a former Public Protector submitting a formal whistleblower’s report to FBI and the US Department of Justice on Phala Phala; the anti-Ramaphosa voices on this Impeachment Committee due to meet for the first time tomorrow; former President Jacob Zuma’s attack on the President for turning to the courts to try and stop the inquiry; as well as "President-in-waiting" Paul Mashatile’s Cape Flats “oversight visit”. They also talk about KZN Provincial Police Commissioner Lt.-Genl. Nhlanhla Mkhwanazi’s response to being named Newsmaker of the Year, and the bomb explosions in Woolworths in two of South Africa’s capitals, Bloemfontein and Tshwane. As for the new tax proposed for Vehicle Licence renewals to support the beleaguered Road Accident Fund (RAF), Evanthia says: “So every time there's government failure, the answer is like, let's try tax the people more…There has to be a point where we as South Africans say, no, do your job as a government. We want to see our return on investment, or we're not going to pay up.”
  • BizNews Radio

    "BEE pits black against white": The trailblazer who says empowerment got it wrong — Sam Montši

    2026/05/29 | 17 mins.
    Defying Barriers is the memoir of a man told by his own government to vanish — and who turned the threat into a business empire spanning two countries. In this interview with Irakli, businessman and author Sam Montši recounts how a 1987 order to "disappear" from military-ruled Lesotho drove him into apartheid South Africa, where he joined the mighty South African Breweries. There, he says, "I was the first Black general manager in the SAB Group at the time. And white people, sadly, were not used to having a Black person overseeing them. So some of them behaved in an unfortunate fashion, and I had to get rid of one of them." Montši explains the operating instinct behind a portfolio that broke barriers from fishing to shipbuilding — "a business needs to move, and move fast" — and reflects candidly on succession, recalling how his son Arif joined him: "Dad, I'm coming to work with you. I'm not coming to work for you. I'm not going to carry your briefcase." He reveres Nelson Mandela as a nation builder — "we were lucky to have him when we had him" — but delivers a stinging critique of Black Economic Empowerment, charging that it "has pitted the Black man against the white person, rather than getting them to work together," and that requiring white firms to take on Black partners is "in a sense, suggesting that Black people cannot create these things themselves." Montši also shares the leadership philosophy that carried him from a Soweto childhood to West African boardrooms: "for you to shine, you must make the people that work directly under you shine." He outlines in detail the journey of crossing boundaries others said could not be crossed — and what it means to now hand the family business to the next generation.
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About BizNews Radio
Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
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