BizNews Radio

In today's BizNews Daybreak, we examine South Africa’s legislative shift toward a merit-based public service to combat state capture and political patronage.

Globally, we cover Tesla’s massive $25 billion AI investment and the escalating naval conflict between the US and Iran in the Strait of Hormuz.

Finally, we analyse Capitec’s impressive resilience as it transitions to a new leadership team, Remgro’s multibillion-rand exit from FirstRand and Chubb’s record-breaking quarterly earnings.

In this Boardroom Talk, BizNews editor Alec Hogg takes a second-level look at three heavyweight shares in the BizNews Ricardo portfolios — Capitec, Chubb and Remgro. He unpacks Capitec’s strong growth and rising credit risk, Chubb’s underwriting discipline, and Remgro’s FirstRand exit as a capital-allocation play, highlighting what each says about management quality and long-term shareholder value.

Engage with the BizNews Portfolios here: https://www.biznews.com/investment-webinar/2025/04/09/biznews-portfolios

In today's BizNews Daybreak episode, President Trump indefinitely extends the US-Iran ceasefire at Pakistan's request while maintaining a naval blockade. We cover the security breach of Anthropic’s "Mythos" AI model and Kevin Warsh’s pledge of independence during his Federal Reserve confirmation hearing.

Plus, an investing masterclass with Sean Peche explores contrarian market strategies, and we analyse Apple’s leadership transition as John Ternus prepares to succeed Tim Cook.

BizNews editor Alec Hogg sits down with Ranmore Fund Management founder and chief investment officer Sean Peche for an investing masterclass on navigating volatile markets. Using a vivid analogy about buck grazing where the lions lurk, Peche explains why investors should avoid the herd, focus on value, and stay disciplined when fear and greed drive market swings. It’s a timely conversation packed with practical lessons for both new and seasoned investors.

Eurasia Group President and Founder Ian Bremmer joined Bloomberg Open Interest to break down the fragile reality behind the US-Iran talks. He warns that a peace deal may be more political theater than real progress. Bremmer talks about how higher gas prices could impact the midterm elections.