Author: CAP News
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FT’s Edward Luce: The world now trusts China more than America
A global trust survey has found that most countries now rate China above America, a shift FT columnist Edward Luce traces back to Biden’s support for Israel’s Gaza response and accelerated by Trump’s tariffs, his Iran war, and his rollback of green energy incentives. For South Africa, a BRICS member and major US trading partner…
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Director’s Cut – Veteran money manager James Gubb: Oracle’s shock downgrade signals the first crack in the AI bubble
Former hedge fund manager and CFA James Gubb argues the AI boom is real, but many investors are backing the wrong winners. In this interview with Alec Hogg, he explains why Oracle’s credit downgrade could signal deeper cracks, why OpenAI and hyperscalers face mounting pressure, how China’s AI advances are reshaping competition, and why energy…
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BizNews Edge: James Gubb cuts through the AI noise — how top investors are hedging the boom
Listen here Veteran investor James Gubb joins BizNews Edge to cut through the AI hype, weighing today’s data centre spending against history’s biggest capital booms and explaining why he’s backing energy and nuclear stocks over AI names themselves. Also on today’s show: Sasol’s operational turnaround continues even as its share price cools after a strong…
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Novo’s cut-price Ozempic alternative lands in SA – one day after rival clears same hurdle
Novo Nordisk has launched Extensior, South Africa’s first authorised semaglutide copy, cheaper than Ozempic and pitched as widening access to diabetes care. But the announcement came a single day after Sun Pharma’s independent generic cleared SAHPRA approval, and 18 months after a court battle against compounding pharmacy iDexis exposed just how unregulated — and lucrative…
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What fruit flies can teach us about the human brain
By Adrian Ephraim Dopamine. It’s the brain’s in-house drug of choice; a neurotransmitter that deals in feelings of pleasure and reward, sending messages that translate into warm and fuzzy emotions. For millennials, it’s that feeling they get when they discover a new notification or a mention on Instagram. That feeling derived from instant gratification, or…
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CR Impeachment would cause big fractures in the GNU: Richard Chelin
Listen here In this interview with Chris Steyn, Independent Governance Expert Richard Chelin predicts that an impeachment of President Cyril Ramaphosa would have grave consequences for the Government of National Unity (GNU) – particularly in the light of Vice President Paul Mashatile’s keenness to work with parties other than the Democratic Alliance. “I think we…
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Dr Duarte da Silva: SA gold mine owners’ windfall funded departure from Reef
Gold’s richest run ever handed South Africa’s mining majors record windfalls — AngloGold’s earnings nearly tripled to $2.7bn, Gold Fields’ to $3.57bn. In Part II of his Gold Papers series, Dr Duarte da Silva tracks where that cash actually went: Harmony spent $1.01bn on Australian copper rather than the uranium already sitting in its own…
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Priced for perfection: A retired fund manager’s warning on the AI boom
Every so often a piece of private research does the rounds that’s too good to keep private. James Gubb’s note on AI valuations, published in full below, is one of those. Gubb is a retired Chartered Financial Analyst, which means two things worth knowing upfront: he’s spent a career being paid to separate genuine value…
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Andrew ’s Epstein fallout: The royal scandal that won’t go away
Fresh revelations from the Epstein files have intensified scrutiny of former Prince Andrew, raising questions about alleged misuse of royal influence, confidential information and powerful global connections. The controversy highlights broader concerns about accountability, privilege and whether influential figures face the same standards as ordinary citizens. For South Africa, the scandal resonates amid ongoing debates…
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China’s new AI superstar: Moonshot’s Kimi K3 stuns the tech world
Moonshot’s Kimi K3 has become the breakout star of China’s AI sector, drawing comparisons to DeepSeek and challenging assumptions about America’s lead in advanced artificial intelligence. For South Africa, the development highlights how quickly global AI competition is shifting and why policymakers, universities and businesses cannot rely solely on US technology ecosystems. Chinese open-source models…
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The Economist: For all new UK PM’s big talk, hits ground strolling
Andy Burnham entered Downing Street on July 20th promising Britons “start to believe again,” but Britain’s new prime minister has offered more mood music than a plan. His cabinet purge was ruthless — sacking Rachel Reeves and Sir Keir Starmer’s economic team wholesale — yet the substance behind it is thin: a “ten-year plan” delayed…
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BN Daybreak: Police generals’ R3.6 bn salary bill; AGOA reforms; Andy Burnham; DA governance
Listen here In this episode of BizNews Daybreak, we cover global strikes in the US-Iran conflict, Red Sea shipping risks, Paramount’s blocked merger, and new UK Prime Minister Andy Burnham. Locally, Parliament’s Ian Cameron questions SAPS’s R3.6bn senior leadership salary bill, Mayor Chris Pappas highlights uMngeni’s governance model, Russell Lamberti proposes subnational AGOA trade reforms…
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Director’s Cut — Chris Pappas reverses course: the real reason he’s running for uMngeni mayor again
Listen here Chris Pappas was set to leave politics for the private sector. Instead, he’s back, seeking a second term as uMngeni mayor after talks from colleagues, community leaders and supporters. In this candid interview with Alec Hogg, Pappas explains why he changed course, reflects on the DA’s prospects ahead of the 2026 local elections,…
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Ian Cameron: 722 Generals & Brigadiers @ R3.6bn, more pressure on CR and another cloud over Mchunu…
Listen here In his latest interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament’s Portfolio Committee on Police, reveals that the South African Police Service (SAPS) has 722 brigadiers and generals that cost nearly R3.6 billion in pay and maintenance. In addition, only five of 823 senior SAPS officers underwent lifestyle audits in the…
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BizNews Edge: Chris Pappas — Why the DA’s only KZN municipality won’t lose its mayor after all
Listen here In April he told the country he was done, headed for the private sector. By July he’d changed his mind. Chris Pappas, the DA’s rising star and mayor of the party’s only municipality in KwaZulu-Natal, explains to Alec Hogg why nobody in his own caucus would take the job, what that says about…
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South Africa’s security shift: When private guards replace the State
This article was first published by The Common Sense In this analysis The Common Sense tracked three decades of South African Police Service (SAPS), South African National Defence Force (SANDF), and Private Security Industry Regulatory Authority (PSiRA) staffing data, together with 27 years of Human Sciences Research Council (HSRC) polling on trust in the police. The…
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GEM Bill promises mining revival as SA’s investment appeal fades: Terence Corrigan
South Africa’s mining sector, once the backbone of the economy, is facing a steady decline despite holding an estimated $2.5 trillion in mineral resources. The Institute of Race Relations argues that policy uncertainty, slow licensing processes, BEE requirements, and bureaucratic obstacles have driven investors away and slashed exploration spending. Its proposed GEM Bill would introduce…
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A Le Pen presidency could shatter Europe’s most powerful alliance: Lionel Laurent
A potential Marine Le Pen presidency in France could reshape Europe’s political landscape, with consequences that extend beyond the continent. As Germany worries about instability in its most important EU partnership, South Africa must watch how shifting European priorities affect trade, investment and global diplomacy. The EU remains one of South Africa’s biggest economic partners,…
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Crypto’s riskiest bet? Retail traders flock to high-leverage perpetual futures
The rise of crypto perpetual futures highlights a growing global appetite for high-risk, high-reward trading – a trend that is also gaining attention among South African investors. With platforms offering leveraged bets on bitcoin and other assets, retail traders can amplify gains but also face rapid liquidations. South Africa’s expanding crypto market, younger investor base,…
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Ian Cameron: A stronger police service cannot simply mean more power in Pretoria
South Africa’s policing crisis is being tested by a new debate over whether more power should remain with SAPS or be shared with capable local authorities. The proposed SAPS Amendment Bill promises reforms such as integrity testing and merit-based recruitment, but critics argue that centralised control has failed to address firearm tracing, DNA backlogs and…