BizNews Radio

In today's BizNews Daybreak, Geordin Hill-Lewis outlines the DA's ambitious push to govern six metros. MK Deputy President Duduzane Zuma confirms that land expropriation without compensation will happen as party policy. We also explore why South Africa’s anxious youth should look to Zambia's optimistic turnaround. Plus, BOSA’s Roger Solomons warns about Cape Town’s rising unaffordability, and US markets surge on Nvidia's AI revenue forecasts.

In this interview with Chris Steyn, Build One South Africa (BOSA) mayoral candidate for the City of Cape Town, Roger Solomons, describes how unaffordable it has become for ordinary citizens to live and do business in the Mother City. “I've crisscrossed the city, not just during this campaign trail, but during my public service, across all of Cape Town, all 118 wards, and the overwhelming majority of Capetonians say that life has become way harder over the last five to ten years… The people who nurse here in the city of Cape Town, police here, teach here, are finding it hard to live here. And that is an injustice…We want to build a New York and a London at the expense of ordinary Capetonians who just can't afford it.. So we have ordinary Capetonians who actually are building this beautiful city of ours; they're physically building, they're on construction sites, but they cannot afford to experience it. And that has got to stop.” Solomons vows to make affordable living and working his priority should he become mayor: “The principle that I would govern and lead the city by is not how much it costs the city, but how much it costs you and I as a resident.” His other priorities are equality in service delivery and more effective crime prevention measures.

Zambia just handed Hakainde Hichilema a landslide second term, and its youth have gone from 10% optimistic about the future to 55% in under six years. Paramount Group founder and Africa Youth Survey chair Ivor Ichikowitz explains why, and doesn't hold back on what it says about South Africa, where youth optimism is the lowest of the 16 countries the survey covers. His verdict on what Pretoria could learn from Lusaka: treat the country like a business, back the people who deliver, and stop giving investors reasons to speculate. Watch below.

Five metros are up for grabs, the ANC has slipped to third place in its own heartland, and Geordin Hill-Lewis says the party's decline can no longer be reversed. In this Q&A with Alec Hogg and the BNC#9 floor, the DA federal leader and Cape Town mayor lays out exactly how close the race in Johannesburg and Durban really is, why he will not go near an MK coalition, what the Madlanga Commission has confirmed about state capture, and how long it will actually take to fix crime, Home Affairs and the rest of a broken state. He also fields the hard questions from the floor, on cabinet size, meritocracy, failing rural municipalities and whether young South Africans should even bother staying.

Today’s episode covers South Africa’s new illegal mining bill, which introduces R100 million fines and 30-year sentences to target criminal syndicates. Niall Kramer discusses recent Constitutional Court judgments regarding offshore gas drilling and public consultation processes. We also examine nepotism allegations surrounding Gayton McKenzie and the ANC's deployment tactics. Finally, Paul Hoffman analyzes the commission investigating corruption, and Reuters wraps up US markets and Nvidia's earnings.