Category: News
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March and March’s June 30 ultimatum creates humanitarian disaster as Malawi runs out of bus money
Outside a Durban mosque, roughly 10,000 migrants — mostly Malawians — huddle in makeshift shelters as South Africa’s anti-foreigner movement, March and March, presses its June 30 deadline for all foreign nationals to leave. Malawi’s repatriation effort has stalled: its government ran out of bus money. South African Home Affairs is processing deportations at 60…
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From pariah to winner: SA emerges as surprise beneficiary as Trump rebuilds his tariff wall on sounder legal footing
President Donald Trump is rolling out new tools with the same protectionist goals after the Supreme Court ruled his sweeping global tariffs to be illegal. His administration wants the rebuilt wall of import taxes to mirror those Trump put on every major trading partner at the beginning of his second term. By Alicia Diaz But not…
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Ramaphosa’s “finish and klaar” moment — and why the DA holds a nuclear option he can’t afford to ignore
This article was first published by The Common Sense South Africa’s Government of National Unity faces simultaneous pressure on three fronts. The DA has requested a cabinet reshuffle — with John Steenhuisen removed for poor performance, not right-wing pressure as falsely reported. A smear campaign against Public Enterprises Minister Dean MacPherson, apparently closing in on corrupt…
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Black X dumps 2GB of ANC membership data online — Ramaphosa, Mashatile and Mantashe among 2.3 million records exposed
Hacker group Black X has published nearly 2GB of alleged ANC membership data on the deep web — including the personal details of President Ramaphosa, Deputy President Mashatile, Gwede Mantashe and other senior officials. Some 2.3 million records reportedly contain full names, ID numbers, phone numbers, and physical and email addresses. The breach allegedly dates…
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GNU’s fault lines crack open: ANC statement signals the honeymoon is firmly, officially over
The ANC has hit back hard at the DA’s cabinet reshuffle announcement, accusing the official opposition of selective constitutionalism — championing presidential prerogative only when convenient, while routinely undermining Ramaphosa’s authority. The statement takes particular aim at the DA’s deployment of a replacement to the Department of Trade, Industry and Competition, suggesting the DTIC is…
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BN Daybreak – Mon 22 June 2026: US-Iran pact; Tech IPOs; Fed inflation; Amazon Prime; Oil deficit
Listen here This episode of BizNews Daybreak covers the US-Iran preliminary nuclear agreement, an FDA panel’s approval of Moderna’s new mRNA flu vaccine, and upcoming Fed inflation data threatening further interest rate hikes. Domestically, Lauren Evanthia discusses a proposed South African cabinet reshuffle and John Steenhuisen’s political demotion. Finally, we analyze the massive capital drain…
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Why ‘safe’ decisions lose women money
By Roné van der Merwe* Not all women consider themselves ‘investors’. A ‘saver’, yes. Responsible with money, definitely. But investor? That word brings to mind people who check the markets obsessively, take risks you’d rather avoid, or have a financial confidence you don’t quite have. Here’s where I’d push back. You’re already an investor. You…
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Duarte da Silva: South Africa’s gold is still there. The architecture to unlock it isn’t — yet
1.THE CASE FOR A NEW ARCHITECTURE Papers One and Two made the diagnosis. This paper is the remedy. Paper One showed the gold-price move is structural, not cyclical, and that anchoring to old price assumptions misprices gold worldwide — in South Africa with a multiplier. Paper Two named the failure: two decades ofmining and investment…
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Super El Niño heading into 2027: The investor’s sector-by-sector guide to what gets hurt and what gets a tailwind
As concerns over the Iran war recede, stock investors are confronting another threat: climate risk, which is prompting a reassessment of bets across sectors from agriculture to insurance. By Bloomberg News A high probability of a “Super El Niño” heading into 2027 may drive up temperatures in some parts of the world, sending power demand surging, hurting crop yields…
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Dean Macpherson’s R148bn property play: The government’s biggest untapped asset is about to get a manager
South Africa is close to hiring a manager for its 148-billion-rand ($9 billion) property portfolio as it advances plans to establish a state-owned company to house its assets. By Bonolo Mokonoto “We are finalizing the appointment of a project manager or a program director,” Public Works and Infrastructure Minister Dean Macpherson said at a Foreign Correspondents’…
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Vance told Israel it can’t kill its way to security. He’s right — but his Iran deal may have made the alternative impossible
Israel, according to JD Vance, is having a “freakout” over his Memorandum of Understanding with Iran. Of course it is, and that isn’t even remotely “odd,” as he suggests. Israelis are dismayed because the deal he negotiated over their heads feels like a betrayal and has forced them to confront a brutal dilemma: Should they abandon what they perceive…
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Ten years of Brexit: The Economist’s brutal verdict — Britain lost a continent, found no role, and is still searching for silver bullets
Ten years and six prime ministers after voting to quit the European Union, Britain has, to paraphrase Dean Acheson, lost a continent but not yet found a role. The referendum on June 23rd 2016, in which Britons voted for Brexit by 52% to 48%, has left them more divided, less influential and poorer than they…
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Comrades finisher David Ansara: Why Elon Musk deserves his trillion dollars just as much as Gerda Steyn deserves her gold medal
This article was first published by The Common Sense Inequality is not such a bad thing. In fact, it is an inevitable feature of life. People have different talents, capabilities and appetites for work. Why do we celebrate differential outcomes in some domains while lamenting it in others? By David Ansara for The Common Sense Last…
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What if every child in Soweto had the world’s best teacher — in their home language, at their own pace?
Several times before I have made the point that black advancement, and economic growth in general, requires an increase in the stock of cognitive skills of our population. By Garth Zietsman* I say “requires” because no other strategy works when that does not happen. We know full well that no-one can perform certain tasks well,…
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The NdB Sunday Show: Lauren Evanthia – Zuma fires Duduzile, Cyril ponders DA wish list, Mashatile in China, & councillor & activist gunned down…
Listen here “..We need to reach a point where the people as individuals and as a population are stronger than governing systems, and those governing systems can’t be in a position to control; they need to simply govern, build infrastructure, fix roads – not have control and power over people.” That is the call from…
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Cathy Buckle: Zimbabwe buries democracy in plain sight
By Cathy Buckle Dear Family and Friends, Driving behind a commuter kombi (minibus) on a road littered with potholes and humps, the kombi kept cutting in front of me, stopping to pick up more passengers, overtaking me and then cutting me off again. The kombi’s back window was completely covered with a poster supporting Zimbabwe’s…
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Chris Hattingh: South Africa does not have the luxury to make mistakes
South Africa appears to have avoided the worst-case shock, but the path ahead is narrowing. Beneath the headline growth numbers lies a more fragile reality: weaker investment, mounting cost pressures, and limited room for policy mistakes. As oil markets, global trade routes, and domestic decisions collide, businesses face a new operating environment where resilience matters…
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The Economist: America didn’t just win AI. It owns the keys.
The news is full of how an ignominious peace deal with Iran exemplifies a decline in American power. That conclusion could hardly be more wrong. On June 12th the Trump administration ordered Anthropic to block foreigners from Fable and Mythos, its latest and most capable frontier AI models. In an instant, everyone learned that the…
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The DA doesn’t fear the ANC. It should fear what comes next
This article as first published by The Common Sense New DA leader Geordin Hill-Lewis has written to President Ramaphosa requesting a Cabinet reshuffle that would demote predecessor John Steenhuisen and redeploy several ministers into higher-stakes portfolios. The moves come after a bruising first term in the Government of National Unity in which key DA ministers…
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Who’s watching the watchmen of SAs $218bn pension pot, the PIC
Africa’s biggest fund manager is again tangled up in a governance and management crisis, while its unlisted investments continue to underperform. By Loni Prinsloo South Africa’s Finance Minister Enoch Godongwana and the Public Investment Corp.’s board met on Thursday as a public rift over the management of parts of the 3.6 trillion rand ($218 billion) fund…