BizNews Radio

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.

In today’s BizNews Daybreak, President Trump heads to Beijing for a trade summit alongside Nvidia’s Jensen Huang and Elon Musk.

The Senate confirmed Kevin Warsh to the Fed’s Board of Governors, while analysts debate an "AI bubble" amid Anthropic’s $30 billion funding talks.

Plus, South African retailer Boxer discusses its expansion against Walmart, and we take a look at the impact of AI on global labor productivity.

On this episode of BizNews Daybreak, President Trump rejects a "garbage" peace deal from Iran as tensions escalate in the Strait of Hormuz.

Domestically, Boxer CEO Marek Masojada outlines the retailer's aggressive expansion into the liquor market despite economic pressures.

We also cover Kevin Warsh’s nomination to lead the Federal Reserve, Trump’s high-profile trade mission to Beijing, and critical safety advice for South African whistleblowers.

Discount retailer Boxer is accelerating its expansion strategy with 50 new stores added over the past year and a growing focus on liquor outlets attached to supermarkets. In an interview with BizNews, Marek Masojada says the retailer remains confident in its low-cost model despite mounting pressure from rising energy costs and intensifying competition. With a new KZN distribution centre now online, strong cash generation and plans for 60 more stores, Boxer is betting big on value-conscious South African consumers.

Fresh pressure builds for President Cyril Ramaphosa as a Constitutional Court ruling on the Phala Phala matter sparks talks of a constitutional crisis and potential impeachment.

Globally, President Trump labels Iran’s latest nuclear proposal "totally unacceptable" while the UK and France prepare a defensive naval mission in the Strait of Hormuz.

Meanwhile, whistleblower Cynthia Stimpel shares the heavy personal cost of exposing corruption at SAA, and fintech founder Ryan Passmore highlights the "missing middle" crisis in South African student funding.