BizNews Radio

In the latest edition of the Electoral Road Show with Chris Steyn, Elections Analyst Wayne Sussman dissects this week’s by-election results: The Patriotic Alliance (PA) makes history by winning its first ever ward in the Upington area. It took the ward off the Democratic Alliance, and grew its support from a paltry 1% to an “astonishing” 37% of the vote, while the DA fell from 47% to 29%. The African National Congress (ANC) did not have a bad night either: it won a ward off a local party in the Siyathemba Municipality with its support growing from 39% to 51%. The ANC also had a big night in another by-election, this one in North West. “There are people who write off the ANC. There are people who say that the ANC is done. But here in a key township… in a gold mining town in the Northwest, the ANC's vote share is climbing from 72% to 81%.” Sussman notes that the Economic Freedom Fighters (EFF) were not able to capitalise on their Phala Phala victory over President Cyril Ramaphosa. He also 9comments on the engagement of the Independent Electoral Commission’s (IEC) with former President Jacob Zuma’s MKP in Nkandla as part of its preparations for the Local Government Elections in November.

Another victim has come forward to share her experience of allegedly being scammed by FXSI, a company accused of using sophisticated online tactics and deepfake-style advertising to lure victims into fraudulent investments. In this follow-up interview with BizNews, the victim explains how she first encountered the scheme through social media adverts that appeared credible and professionally produced, creating the impression of a legitimate investment opportunity.

The victim shares details how scammers built trust over time through persistent communication and promises of significant returns, before allegedly pressuring them into depositing more money. The interview also explores the emotional toll of the ordeal, the difficulties victims face after realising they have been deceived, and the steps she has taken to report the matter to authorities, including the South African Police Service.

As AI-generated scams and impersonation fraud become increasingly sophisticated, this interview highlights the growing risks facing ordinary South Africans online. The victim’s decision to speak publicly adds to mounting concerns around deepfake financial scams exploiting trusted public figures, media brands, and the credibility of online investment advertising.

Gary Power lifts the lid on corruption, ethical collapse, and the fight to rebuild South Africa from the ground up. In this powerful conversation, the CEO of Unashamedly Ethical shares how his father transformed a major construction business, why integrity is a survival strategy, and how collective action, faith, and courageous leadership can change communities, businesses, and nations.

In today's BizNews Daybreak, we feature President Trump’s high-stakes Beijing summit alongside tech titans Elon Musk and Jensen Huang. We show also analyses a sharp spike in US wholesale inflation and Cisco's major AI-driven restructuring.

Piet Viljoen and Magnus Heystek discusses their million-rand investment challenge and South Africa's surprising market outperformance.

Finally, another pensioner shares a sobering cautionary tale about falling victim to FXSI's sophisticated AI deepfake scam.

Offshore versus local investing goes head-to-head in this gripping real-money showdown between Magnus Heystek and Piet Viljoen. Four and a half years after the challenge began, the results are sparking fierce debate about political risk, market timing, diversification and South Africa’s undervalued stocks. With millions at stake and emotions running high, both investment heavyweights reveal the hard lessons learned, why sentiment drives markets, and whether South African equities still offer the best long-term returns despite the country’s economic and political turmoil.