BizNews Radio

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.

More and more shocking testimony of police and political capture is being heard at the Madlanga Commission of Inquiry and Parliament's Ad Hoc Committee. In his latest interview with Chris Steyn, policy and political expert Professor Theo Venter dissects the evidence of Witness F and other recent testimony. “I think this is an interesting spin on the investigation that's emerging over the last three or four evidences that we received that politicians would use organised crime, and let's use Cat Matlala as the example, to carry political messages to the police…or use somebody like Brown Mogotsi almost as a facilitator of the message and thereby not go directly into the police. And I think it's the Brian Mogotsi-Senzo Mchunu relationship that opened that of worms for the first time.” Professor Venter looks at the implications for suspended Deputy National Commissioner General Shadrack Sibiya and former Police Minister Senzo Mchunu who is on special leave. He also shares all the names that have crossed his desk for the next leader of the Democratic Alliance (DA).

In today’s analysis, I’ve unpacked how Anthropic’s new AI tools are dismantling the corporate software world and why the latest Epstein disclosures have the British establishment—and Peter Mandelson—under fire. I also take a look at the "derangement" in Zimbabwe, where government propaganda about bumper crops is being met with the reality of empty shops.