BizNews Radio

Tonight’s BizNews Briefing spans infrastructure, energy, markets and global tech risk. Stephen Moore argues Gauteng’s water crisis needs urgent, ring-fenced funding. Dylan Bradfield outlines why Blue Label’s non-Eskom power route into municipalities could be a breakthrough. We then track a bumper SENS day led by Glencore’s copper pivot and gold-sector windfalls, before Bloomberg explains how AI disruption fears are hitting stocks beyond tech. And we pay tribute to Clem Sunter (1944 - 2026), renowned South African scenario planner and one of the BizNews tribe's most loved contributors.

Blue Label’s long-awaited reset is underway. In this Director’s Cut, Sharenet Wealth portfolio manager Dylan Bradfield unpacks Cell C’s first post-listing results, Telkom’s resurgence through Openserve, and the potentially game-changing move: Blue Label selling independent power to municipalities. With dividend potential, fintech growth and energy optionality all in play, Bradfield explains why Blue Label remains his top pick.

In South Africa, high earners face a 45% marginal rate with limited deductions, making Section 12B of the Income Tax Act a powerful tool to ease the tax burden while investing in renewable energy. In an interview with Biznews, Mitchel Fieldgate, wealth manager and alternative investment lead at Pangea Wealth, revealed they have facilitated R1 billion in deductions over the last two years. He noted that while this provides relief for high earners, it has also mobilised billions into commercial solar projects, reducing reliance on Eskom and alleviated load shedding. Fieldgate explained who might not benefit from the tax relief, clarified that it is not a tax loophole, and stressed that the 12B opportunities are not a one-size-fits-all solution. He suggested the government introduce similar tax breaks for repairing other infrastructure, such as water systems or roads, “because it mobilises money and there’s no leakage.”

In today’s edition, Alec Hogg explores a significant demographic milestone: new data reveals that African and white households are now level-pegging in South Africa’s upper-middle-class income bracket. We delve into the implications of this shift, the migration of taxpayers from Johannesburg to Cape Town, and a critical look at Cyril Ramaphosa’s presidency—a leadership defined by well-intentioned instructions that are rarely implemented in what has become a "Republic of no consequences".

South Africa’s water crisis is becoming the new electricity crisis – with Joburg losing nearly half its supply to leaks. We unpack the DA’s urgent warning. Meanwhile, corporate SA makes bold moves: MTN announces a massive all-cash deal to control its African towers, and Blue Label Telecoms gets the green light to broker electricity. Plus, the 'fatal mistake' that sank Tongaat Hulett.