BizNews Radio

In this episode of the BizNews Daybreak, we move from South African refugee debate in the US to UK political fallout linked to the Epstein story, then to Japan’s snap-election shake-up. We also unpack the latest gold market volatility before closing with AURA’s Justin Suttner on scaling South African emergency-response tech globally.

In the latest NDB Sunday Show with Chris Steyn, US Intelligence Analyst retired Colonel Chris Wyatt assesses testimony of police and political capture following the suicide of a prime suspect in the murder of Witness D. He gives an update on the 2000 refugees now in the US, some of whom have been treated badly by their case officers. The Colonel takes a deep dive into the apparent cover-ups behind the Lady R’s real cargo (now believed to have been proximity fuses for artillery); the alleged disobeyance of a Presidential order to exclude Iran from joint Naval exercises; the supposedly unsanctioned solidarity visit to Iran by SANDF Chief, General Rudzani Maphwanya; as well as South Africa’s 27-year-long deployment to the DRC. “… there's enough smoke there after all these incidents that we need serious external look at what's going on. Or we need honest politicians come forward and tell us truth.” Col Wyatt also slams the latest “own goal” of the African National Congress (ANC) with Minister in the Presidency, Sindisiwe Chikunga, celebrating the 47th anniversary of the Islamic Revolution and reaffirming close ties between South Africa and Iran in her address at the commemoration.

South Africans looking to work or settle abroad, whether for a few years or permanently, are increasingly trapped in a bureaucratic maze created by the South African Revenue Service (SARS), the South African Reserve Bank (SARB) and National Treasury. In an interview with BizNews, immigration tax specialist William Louw of Sable International argues that these authorities operate with overlapping mandates and conflicting definitions of “residency”, leaving ordinary people confused and exposed. The result, he says, is damaging with expats severing all financial ties with South Africa, extract every cent and asset they can, and abandon any intention of returning with their skills or capital. According to Louw, the system even discriminates against South African ID holders living abroad, granting them fewer rights than foreign non‑residents, a contradiction that raises constitutional concerns. Far from protecting the economy, Louw contends, these policies accelerate capital flight, deter future investment and ultimately undermine South Africa’s long‑term economic prospects.

Bitcoin is down almost half from its peak, trading below $65k as a "crisis of faith" hits crypto. Wall Street is selling off, Amazon is tanking, and JSE miners are shedding value fast - and for the second time, Rio and Glencore are walking away from a potential merger. Alec Hogg gives you the context you need to navigate the sea of red. Also: The FT’s Chris Cook on the chaotic Epstein file release, and why SA’s generals need to get out of politics.

Tonight’s BizNews Briefing unpacks the gold and silver whipsaw, with Peter Major pointing to Chinese margin rule changes as the core trigger. It then tracks signs of US-China stabilisation, examines South Africa’s tax and exchange-control headaches for emigrants, and closes with Cathie Wood’s latest read on where global investment flows are heading in 2026.