BizNews Radio

In today's BizNews Daybreak: The US and Iran are seeking a fresh round of face-to-face negotiations in Islamabad to secure a long-term ceasefire before current agreements expire. In tech, Amazon is in advanced talks to acquire Globalstar, potentially accelerating its satellite network competition with SpaceX. Internationally, Peter Magyar’s landslide victory in Hungary signals a dramatic pivot toward the European Union. Locally, DA leader Geordin Hill-Lewis emphasizes law and order as the foundation for economic growth while Alec Hogg warn South Africa is fumbling a massive gas opportunity.

At its 2026 Federal Congress at Gallagher Estate, the DA elected Cape Town mayor Geordin Hill-Lewis as its new federal leader, marking the party’s first major congress since entering the Government of National Unity. The weekend also brought a wider leadership reshuffle, with Solly Msimanga among those elected to senior roles, as the DA sought to present an orderly transition and a clearer sense of its ambitions for the years ahead.

Knysna Municipality has had 19 changes of Municipal Manager in four years. It has 111 critical positions unfilled. In this interview with Chris Steyn, The Accountability Group’s (TAG’s) Robert Winn and Eric de Jager share the alarming details revealed by a review of Knysna Municipality's January 2026 Section 71 report and the February 2026 Final Adjustment Budget: A surplus that vanished overnight; liquidity that is overstated; suppliers being paid late; repairs and maintenance below sustainable levels; staff costs signalling structural distress; outsourcing replacing capacity at escalating cost; and grants being returned unused. TAG will now use legal frameworks “to bring… accountability and make sure that we can get the answers that the residents deserve”.

In this Boardroom Talk podcast, BizNews editor Alec Hogg details how South Africa is sitting on extraordinary oil and gas potential just as the world searches for safer energy sources beyond the volatile Middle East. Using fresh discoveries in the Republic of Congo and Namibia as examples, he makes the case that regulatory paralysis, ideological resistance and government indecision are stopping South Africa from unlocking investment, jobs and badly needed growth.

In this episode, we examine the global fallout of a US naval blockade on the Strait of Hormuz and its impact on oil prices and growth. Locally, Magnus Heystek discusses the "invisible" collapse of South African middle-class wealth through property devaluation. We also explore the disconnect in municipal rates, the effects of employment equity on police recruitment, and a controversial new perspective on the Chris Hani assassination.