Category: BizNews Daybreak

Listen here In today’s BizNews Daybreak: Global markets react to a historic US-Iran peace deal halting fighting for 60 days, while the Federal Reserve faces a high-stakes interest rate decision amidst rising inflation. Closer to home, President Cyril Ramaphosa scrambles to block a politically dangerous parliamentary impeachment inquiry over the Phala Phala scandal. Plus, Cape…

Listen here In today’s BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran. In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune. Finally, we highlight Adobe’s executive shakeup amid strong AI…

Listen here In today’s BizNews Daybreak: Oil spikes after the US military launched retaliatory strikes on Iran, pushing May US inflation to a three-year high of 4.2%. Meanwhile, Oracle shares dipped 6% over cloud capex fears, Bill Gates testified on Capitol Hill regarding Jeffrey Epstein, and SpaceX’s historic IPO drew $250 billion in institutional demand.…

Listen here In this episode of BizNews Daybreak, US forces strike Iran after a helicopter downing, SpaceX’s IPO sees massive demand, and IBM bets billions on quantum computing. In South Africa, the Competition Appeal Court slams egregious six-year delays crippling corporate deals, while Johannesburg’s bleak budget exposes critical cash shortages and severe utility infrastructure backlogs.…

Listen here In today’s Daybreak episode, OpenAI files for a fall IPO and SpaceX’s oversubscribed listing targets a $1.8 trillion valuation. Meanwhile, Israel and Iran ease strikes after Trump’s intervention. Locally, a new AGOA proposal allows South African firms to opt out of BEE to avoid US tariffs, PPC’s 84% profit surge triggers stock volatility,…

Listen here This morning’s Daybreak covers global market movements as oil ticks up amid Middle East tensions and tech shares slump globally. Meanwhile, Apple prepares to unveil its overhauled Siri and new AI features at WWDC. Locally, Lauren Evanthia addresses a massive R2 billion South African hospital scandal, Tara Roos breaks down Johannesburg’s R200 billion…

Listen here Today on BizNews Daybreak, global updates reveal the US passing a key Ukraine aid bill, leveling strict new sanctions against Cuba, and racing to contain a Texas screw worm outbreak. Locally, Athol Trollip warns that slow cattle vaccinations are worsening South Africa’s foot and mouth disease crisis. Plus, The Economist’s Chief Africa Correspondent,…

Listen here Amazon has officially disrupted the local market by launching its full Prime offering in South Africa. Globally, SpaceX plans a historic $75 billion IPO, Broadcom’s AI chip revenue forecasts disappoint, and a fragile Israel-Lebanon ceasefire is renewed. Additionally, experts call for urgent action against South Africa’s rampant illegal number plate trade, while UK…

Listen here Globally, the US proposes major tariffs, and US-Iran peace talks face friction over the conflict in Lebanon. Locally, a Pretoria SPAR store faces severe tax fraud allegations, a Business Day investigation exposes rampant illicit number plate sales in Johannesburg, and an expert shares crucial tips to combat digital banking fraud. Finally, economist Mariana…

Listen here In today’s BizNews Daybreak: Internationally, President Trump cuts agricultural equipment tariffs, Apple introduces an iPhone bill-splitting feature, and Nvidia debuts a $5 trillion PC AI chip. Locally, Free State’s community grid takeover triumphs, KZN lags behind in foot-and-mouth vaccinations, and analysts unpack the impeachment pressures facing President Ramaphosa. Sign up for your early…

Listen here In today’s BizNews Daybreak: Global energy markets watch closely as Brent crude climbs back past $93 a barrel amid a tense US-Iran stalemate over the Strait of Hormuz. Meanwhile, global investors rush into funds ahead of a massive, AI-linked SpaceX IPO. Businessman Sam Montši critiques BEE implementation, calling for unity over forced division.…