194 episodes
- In Today’s Roundup:
The JSE is having a bumper year as South Africans pile into the market, with profits jumping nearly 17% as trading activity surges. Meanwhile, the financial regulator is investigating a strange scheme where tiny trades in barely-traded shares can allegedly be used to make much bigger profits elsewhere. Plus, eNCA could retrench more than half its newsroom, one JSE-listed company expects its earnings to more than double, and SARS has made one of its new tax deals available to far more companies.
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South Africa’s biggest hospital group wants to use AI to spot when patients are in trouble hours before doctors can, while Spur has been hit with a R130 million charge over a dispute involving - of all things - ribs. Warren Buffett’s company is finally putting some of its enormous cash pile to work, as a Saudi ports giant takes a closer look at Cape Town’s struggling harbour. Plus, OpenAI reportedly wants its first-ever gadget to be a $300 metal doughnut, and Zimbabwe has big plans for its US-dollar stock exchange.
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South Africa’s biggest political story didn’t end with a sentence - it kicked off a legal battle that could decide whether Julius Malema keeps his seat in Parliament. At the same time, Ramaphosa has turned to a familiar negotiator to steady relations with the US, while whispers of a cabinet reshuffle grow louder behind the scenes. In business, a brief wave of petrol relief came and went just as quickly, with global tensions snapping oil prices back into focus. On the stranger side, people are now betting on the weather - yes, really - and we take a look at the largest meteor impact site on Earth, sitting quietly in our own backyard.
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South Africa is moving toward a stricter definition of who gets to live and work in the country, as government backs a sweeping overhaul of immigration rules. At the same time, diplomatic signals suggest tensions with the US may be easing - quietly reopening a relationship that’s already shown cracks through trade pressure. Closer to home, election season is getting tighter and more controlled, with new rules reshaping how political messages reach voters, while a High Court challenge is forcing the country to confront one of its most difficult questions yet: should people have the right to choose how they die?
Jordan’s BackaBuddy: https://www.backabuddy.co.za/campaign/supporting-the-veiga-family
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Government has deployed more than 2,200 soldiers into gang hotspots across five provinces as shootings spike in parts of Cape Town - a heavy intervention that’s worked before, but never for long.
At the same time, an unauthorised prison interview has triggered a separate investigation after an inmate used the call to make allegations involving a Gayton McKenzie raising bigger questions about how the system was breached in the first place. Ramaphosa is also doubling down on a R2 trillion investment push, shifting the pressure from big promises to whether those projects actually turn into jobs and growth. Consumers are feeling it too, with fuel prices jumping sharply - softened for now by a temporary tax cut that expires in May, potentially setting up another squeeze.
And in a more familiar South African twist, a DIY pothole fix is gaining traction - faster, cheaper, and quietly stepping into a gap the state hasn’t managed to close.
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About Business Bagel
Welcome to South Africa’s favourite business news channel. We break down the biggest South African business stories, market moves, money trends and major developments shaping the country - keeping you informed and entertained with the most important news out there. Subscribe and follow us on Instagram, TikTok, WhatsApp and Facebook to stay ahead of the news and never miss a story.
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