BizNews Radio

Roubini Macro Associates Chairman & CEO Nouriel Roubini talks about ending the Iran war through escalation and regime change, why he doesn't predict a US and global recession and the "tug-of-war" between stagflationary events and growth from the global tech boom. He speaks to Bloomberg's David Ingles at the Greenwich Economic Forum in Hong Kong.

In this Boardroom Talk, BizNews editor Alec Hogg details how President Cyril Ramaphosa’s appointment of Roelf Meyer as South Africa’s envoy to Washington is one of the smartest decisions of his presidency. Hogg says Meyer’s credibility, history and stature could help thaw a badly damaged US-SA relationship, ease pressure around AGOA, and signal a long-overdue return to pragmatic, economically minded diplomacy.

In today's BizNews Daybreak, we dive into the US naval blockade of the Strait of Hormuz and the looming threat of renewed trade tariffs. We explore massive tech moves, from Meta’s multi-billion-dollar AI chip partnership with Broadcom to Amazon’s $11.6 billion acquisition of Globalstar. Locally, we hear from DA leader Geordin Hill-Lewis on ANC succession risks, while economist Nouriel Roubini warns that escalating Middle East tensions could trigger 1970s-style stagflation.

Newly-elected DA leader Geordin Hill-Lewis has warned that the ANC’s looming leadership battle could destabilise both South Africa and the Government of National Unity. In an interview with Bloomberg’s Joumanna Bercetche, he argues that bitter factional infighting inside the ruling party poses a major threat to reform, while also outlining the DA’s stance on Iran, fuel-price pressure and its plan to grow support ahead of the local elections.

A new political party has entered the electoral landscape. In this interview with Chris Steyn, co-founder Khulu Radebe describes how The Service Movement for Metsimaholo (SMM) emerged from years of grassroots civic work carried out under the banner of the Metsimaholo Stakeholders Forum (MSF), a non-profit organisation founded in 201&, that tackled environmental, food security, and community welfare challenges in partnership with Sasol and Eskom and Seriti Mines. Radebe says the SMM's unifying civic theme is the “New Animal” because it represents the collective power of residents who refuse to accept broken promises and empty politics. SMM steps into a big political opening in Metsimaholo where no party has commanded the loyalty of voters for over a decade - and where the African National Congress’ (ANC's) dominance has steadily eroded over three elections.