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BizNews Radio

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  • BizNews Radio

    BN Daybreak - Fri 12 June 2026: Trump halts Iran strikes; SA's overlooked gold fortune; PA surge; World Cup fees

    2026/06/12 | 15 mins.
    In today's BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran.

    In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune.

    Finally, we highlight Adobe’s executive shakeup amid strong AI product demand and rising concerns that steep ticket prices are excluding ordinary soccer fans from the 2026 FIFA World Cup.
  • BizNews Radio

    The Daily Edge: Gold at $4,100 and SA is sitting on a fortune it can't see

    2026/06/11 | 19 mins.
    Alec Hogg opens with a thesis from Merrill Lynch veteran Dr. Duarte de Silva: South Africa's abandoned gold mines and tailings dumps — written off at $300–$800/oz — are generating margins above $3,000 per ounce at today's prices. The Witwatersrand Basin still holds as much gold as has ever been extracted from it. Yet exploration spend has collapsed 95% from its 2006 peak. On the JSE: Wesizwe Platinum surges 90% as its year-long trading suspension lifts; Pan African drifts lower despite a sound Australian acquisition; Fortress Real Estate impresses on logistics; Alexander Forbes delivers flat earnings on strong revenue; and Bell Equipment executes a textbook CEO handover. Globally: the ECB raises rates, Belfast burns, and OpenAI flags Chinese disinformation targeting US data centres.
  • BizNews Radio

    Wayne Sussman - Gayton’s PA continues “weakening” the DA & the ANC (and all the mayoral dramas)

    2026/06/11 | 13 mins.
    In the latest Electoral Road Show with Chris Steyn, Elections Analyst Wayne Sussman describes how Gayton MacKenzie’s Patriotic Alliance (PA) is continuing to march onwards and upwards “weakening” both the Democratic Alliance (DA) and the African National Congress (ANC) in the Western Cape. In the latest by-election, the PA won 53% of the vote in Malmesbury Wesbank. “This used to be the safest DA municipality in the country. And in 2024, the Patriotic Alliance burst through that wall by winning the seat off the DA.” Sussman also comments on GOOD and Rise Mzansi joining forces behind mayoral hopeful Brett Herron; the ANC’s elevation of Dada Morero to intervention convener for Gauteng’s troubled municipalities; the late President Nelson Mandela's grandson Mandla eyeing a mayoral chain in the Eastern Cape; and Buffalo City Mayor Princess Faku coming under fire for taking officials on overseas trips to China and Germany while the municipality is struggling financially. “Next week we have two Buffalo City by-elections…It'll be interesting to see whether this issue, this debacle, hurts the ANC because both of the seats are ANC seats.”
  • BizNews Radio

    BN Daybreak - Thu 11 June 2026: US-Iran clashes spurn inflation; SA Cops threatened; Spar rallies

    2026/06/11 | 15 mins.
    In today's BizNews Daybreak: Oil spikes after the US military launched retaliatory strikes on Iran, pushing May US inflation to a three-year high of 4.2%.

    Meanwhile, Oracle shares dipped 6% over cloud capex fears, Bill Gates testified on Capitol Hill regarding Jeffrey Epstein, and SpaceX's historic IPO drew $250 billion in institutional demand.

    Locally, explosive leaked chats reveal top South African cops threatening activist Yusuf Abramjee, gun owners fight the Firearms Control Amendment bill, and Spar SA shares surprisingly rose despite obliterated profits.
  • BizNews Radio

    Jonathan Deal - Fight against “disarmament” of citizens as another top cop falls…

    2026/06/10 | 13 mins.
    Fears of an agenda to disarm private citizens are growing along with jaw-dropping allegations of criminal activity by top cops. In his latest interview with Chris Steyn, Jonathan Deal, the founder of Safe Citizen, warns that the public is not properly and fully informed on public safety, and takes viewers through the implications of proposed changes to firearms ownership and training regulations for ordinary citizens, as well as for the private security industry. “...for many South Africans, a lawfully-owned firearm, either in their own hands or in the hands of the security industry, is actually their mainstay of security, particularly in the absence of the ability of the State to look after them. I can't understand why a government that itself is beleaguered on so many levels in the South African Police Service would go and meddle and fiddle with things where the public at least have some measure of protection, even if they're providing it themselves.” Meanwhile, he expresses grave concern about more and more allegations of criminal activity involving top police officers emerging at the Madlanga Commission of Inquiry. “Certainly, it appears that the government has lost control of this critical environment. Personally, my view is that…that our police service has become politicised. It is used as a political football.”
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Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
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