BizNews Radio

In today's BizNews Daybreak, President Trump discusses China's role in Iran negotiations and a major Boeing deal, while Secretary of State Marco Rubio addresses Taiwan tensions. The S&P 500 hits record highs fueled by Cerebras Systems' massive IPO and Nvidia's growth, contrasting with a strained partnership between Apple and OpenAI. Locally, Wayne Sussman examines the complexity of South Africa's upcoming municipal elections and Gary Power urges the need for personal accountability to combat institutional corruption.

In the latest edition of the Electoral Road Show with Chris Steyn, Elections Analyst Wayne Sussman dissects this week's by-election results: The Patriotic Alliance (PA) makes history by winning its first ever ward in the Upington area. It took the ward off the Democratic Alliance, and grew its support from a paltry 1% to an “astonishing” 37% of the vote, while the DA fell from 47% to 29%. The African National Congress (ANC) did not have a bad night either: it won a ward off a local party in the Siyathemba Municipality with its support growing from 39% to 51%. The ANC also had a big night in another by-election, this one in North West. “There are people who write off the ANC. There are people who say that the ANC is done. But here in a key township… in a gold mining town in the Northwest, the ANC's vote share is climbing from 72% to 81%.” Sussman notes that the Economic Freedom Fighters (EFF) were not able to capitalise on their Phala Phala victory over President Cyril Ramaphosa. He also 9comments on the engagement of the Independent Electoral Commission's (IEC) with former President Jacob Zuma's MKP in Nkandla as part of its preparations for the Local Government Elections in November.

Another victim has come forward to share her experience of allegedly being scammed by FXSI, a company accused of using sophisticated online tactics and deepfake-style advertising to lure victims into fraudulent investments. In this follow-up interview with BizNews, the victim explains how she first encountered the scheme through social media adverts that appeared credible and professionally produced, creating the impression of a legitimate investment opportunity. The victim shares details how scammers built trust over time through persistent communication and promises of significant returns, before allegedly pressuring them into depositing more money. The interview also explores the emotional toll of the ordeal, the difficulties victims face after realising they have been deceived, and the steps she has taken to report the matter to authorities, including the South African Police Service. As AI-generated scams and impersonation fraud become increasingly sophisticated, this interview highlights the growing risks facing ordinary South Africans online. The victim's decision to speak publicly adds to mounting concerns around deepfake financial scams exploiting trusted public figures, media brands, and the credibility of online investment advertising.

Gary Power lifts the lid on corruption, ethical collapse, and the fight to rebuild South Africa from the ground up. In this powerful conversation, the CEO of Unashamedly Ethical shares how his father transformed a major construction business, why integrity is a survival strategy, and how collective action, faith, and courageous leadership can change communities, businesses, and nations.

In today's BizNews Daybreak, we feature President Trump's high-stakes Beijing summit alongside tech titans Elon Musk and Jensen Huang. We show also analyses a sharp spike in US wholesale inflation and Cisco's major AI-driven restructuring. Piet Viljoen and Magnus Heystek discusses their million-rand investment challenge and South Africa's surprising market outperformance. Finally, another pensioner shares a sobering cautionary tale about falling victim to FXSI's sophisticated AI deepfake scam.

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.

In his latest interview with Chris Steyn, US intelligence analyst, retired Colonel Chris Wyatt comments on the latest developments in the trouble-hit presidencies of South Africa's Cyril Ramaphosa and US President Donald Trump. With African National Congress (ANC) officials in crisis meetings this weekend over the possibility that he could be impeached for Phala Phala, Col Wyatt charges: “... somebody should be in prison for this. This is bigger than Watergate in America. This is money laundering by a sitting president, potentially.” As for Trump stuck in a war he started: “Col Wyatt says: “...the answer here now is…rendition. It's Delta Force. Seal teams…grabbing these guys and rendered…that's the only way this is going to end, I think. They're not going to come to the table…this ceasefire has become a farce.” Col Wyatt also shares what he believes will be on the agenda for private discussions when Trump visits China soon. Lastly, he reveals that some South African refugees have suffered racist abuse which he vows to expose.

In this edition of the NdB Sunday Show, Chris Steyn hosts the iconic whistleblower, Cynthia Stimple who, as Group Treasurer, blew the whistle at SAA. Now the director of Courage Hub, a new group to support whistleblowers, Stimpel recalls her own traumatic experiences as a whistleblower, and outlines all the ways in which her group offers support to past, present, and future whistleblowers. With the extreme risks involved, Stimpel gives potential whistleblowers detailed advice on how to protect themselves. “We will give you guidance on how to report, who to go to, which mechanisms to use….You don't want to lose your livelihood. You don't want to put your life at risk.” Stimpel also recalls the epic walk she did in remembrance of 40 whistleblowers over 40 days over 700 kilometers along the Cape Camino.. Meanwhile, shel calls on South Africans to become part of the solution. “And although we've had the Zondo Commission, we've had many commissions already, but with the Madlanga Commission, we are seeing how deep and entrenched and embedded the corruption is....my own mantra is that if it is to be, it is up to me.” Courage Hub will also be doing ethics training in schools “to coach them in a way that they stay on the moral pathway and cannot be easily swayed to do the wrong thing”.

In this interview with BizNews, Ryan Passmore – Durban-based fintech founder of ZenFund Connect – unpacks why he believes South Africa's student funding system is broken, and how he proposes to fix it. Passmore points to the "missing middle": households earning between R350,000 and R600,000 a year, who are too well-off to qualify for NSFAS but cannot afford the R19,000 a month the University of Pretoria says it costs to put a child through an undergraduate degree. He cites stark 2026 figures – NSFAS received over 900,000 first-time applications, with more than 100,000 rejected outright, while of 500,000 continuing students assessed, only 100,000 were approved. Passmore says: "I believe the missing middle is South Africa's policy blind spot." He outlines how ZenFund Connect – a nonprofit student life ecosystem associated with the Chad le Clos Foundation, spanning South Africa's 26 public universities – aims to plug the gap through three integrated modules: finance, DHET-verified student accommodation, and career placement. Passmore argues that bursaries and loans alone will not solve graduate unemployment; only an end-to-end ecosystem that walks with the student from matric through to a job placement can shift the trajectory of the working-class families he calls the country's invisible backbone – the nurses, teachers, civil servants and small business owners whose children South Africa cannot afford to lose.

In today's BizNews Daybreak we cover a volatile morning as crude oil prices climb following a military exchange between the US and Iranian forces in the Strait of Hormuz. While a federal court strikes down President Trump's global tariffs, South African attention turns to a "rogue polling" warning and Johannesburg's financial collapse. With a 25 billion rand debt and failing services like water and infrastructure, the city faces a potential national government takeover that could reshape the upcoming local elections.

In the latest edition of The Electoral Roadshow with Chris Steyn and analyst Wayne Sussman, he warns of “rogue” polling that could give voters false indicators. He takes viewers through some of the recent by-election result shocks. He further analyses the mayoral contests in the big Metros, including the bankrupt Jo'burg. Sussman gives an overview of the prospects of the major parties in the November 4 Local Goverment Elections. He also comments on the execution-style murder of an African National Congress (ANC) in the Eastern Cape, as well as the poor state of infrastructure at polling stations in that province.

In today's BizNews Daybreak: Global markets soared to record highs as the US and Iran move closer to a deal to reopen the Strait of Hormuz. Domestically, South African industry experts warn that a shift to modular firearm training could quintuple costs and leave security personnel "supply prohibitive" due to increased classroom hours. Financial Mail Editor-in-Chief Rob Rose unpacks the "total arrogance" behind PepsiCo's ProNutro rebranding, which sparked a massive consumer backlash after the company admitted their new machinery simply cannot produce the original formula. Meanwhile, local SA ports struggle to capture rerouted shipping traffic amid ongoing operational and weather-related constraints.

Civil rights group, Safe Citizen, has launched an urgent campaign to interrupt plans for drastic changes to South Africa's firearms training system that could make obtaining a competency certificate so expensive and time-consuming that people are likely to resort to buying fake certificates. In this interview, Nikki Pretorius, the spokesperson for the Lead Service Provider Forum, says: “... previously… training would take place over a day, day and a half at maximum and would cost the person about 1800 to 2000 Rand… now…. for the purposes of competency…a five day minimum period in a classroom and on a shooting range…and you're looking at four thousand, six thousand rand... And over and above the expense, you're looking at five days away from work…And even worse for the security officers…before they could get their competencies done within three, four, five days, they're now looking at three weeks.” Pretorius warns that it could lead to otherwise law-abiding citizens turning to corruption: “... it's simply going to drive that need (for firearms licences) underground. And then we have a situation where the proliferation of illegal firearms expands, whereas proper law abiding citizen firearm usage and ownership declines.”

President Trump has paused "Project Freedom" in the Strait of Hormuz to evaluate a potential agreement with Iran, causing oil prices to retreat as US equities reach record highs. Meanwhile, the SEC proposes shifting to semiannual earnings reports, and AMD reports surging revenue driven by AI demand. Locally, BizNews editor Alec Hogg defiantly rejects legal threats from a deepfake scam syndicate, and intelligence analyst Chris Wyatt discusses the "painful" reality of South African fuel price hikes.

In this episode of Boardroom Talk, BizNews editor Alec Hogg exposes the AI-powered FXSI scam that used deepfake footage of him and President Cyril Ramaphosa on a fake Carte Blanche set to lure unsuspecting South Africans into a fraudulent trading scheme. After BizNews interviewed an anonymous victim who lost more than R24,000, lawyers claiming to act for FXSI demanded the article and podcast be removed. Hogg's response: no.

In today's BizNews Daybreak, US-Iran clashes in the Strait of Hormuz, driving crude oil prices upward and sparking global supply chain concerns. Financial Mail Editor-in-Chief Rob Rose joins the program to discuss why South African brands are misreading their customers, citing a "degree of arrogance" and a failure to learn from the "New Coke" era. Additionally, intelligence analyst Chris Wyatt provides a provocative outlook for South Africa's upcoming local elections, predicting the ANC could suffer a major blow and potentially drop below 30% support. Plus, we explore the limits of US power in the Middle East and the White House's potential move to vet AI models before release.

Are multinational giants and massive local retailers losing touch with the South African market?. In this episode, Alec Hogg sit down with Rob Rose, Editor-in-Chief of the FM Group, to explore the harsh realities of corporate bullying and executive arrogance. They dissect the recent ProNutro public relations disaster, the devastating consequences of the Woolworths supplier squeeze that killed a local chocolatier, and the ongoing danger of foreign executives ignoring local consumer wisdom.

In his latest interview with Chris Steyn, US intelligence analyst Retired Colonel Chris Wyatt responds to breaking news developments in the Iran war, with claims that a US ship has been hit by missiles for approaching the Straits of Hormuz to escort out trapped ships while ground battles are breaking out between Hezbollah and Israeli Defence Force troops in Lebanon, as well as Iran's difficulties in reviewing the “excessive” demands in US President Donald Trump's peace plan. Col Wyatt comments on the war heralding yet another steep fuel price hike in SA. He also assesses the likely fates of major political parties in the recently announced Local Government Elections. Col Wyatt analyses China's car manufacturing plans and marketing strategy for SA. Lastly, he hails the bravery of the South Africa policeman involved in that dramatic crocodile mission over the Komati River.

For the first time in six decades, Warren Buffett is no longer leading the charge at the "Woodstock for Capitalists". Alec Hogg reflects on Greg Abel's first AGM as CEO, exploring Berkshire Hathaway's impressive $11.3 billion in operating earnings and their staunch refusal to deploy capital into sub-par opportunities. This is essential listening for rational investors who understand the power of extreme patience in a hyped-up market.

In today's BizNews Daybreak: A sobering first-hand account of a deepfake investment scam that cost a BizNews community member over R24 000. We also analyse the latest earnings from Google, Meta, and Amazon, where artificial intelligence is driving both massive revenue growth and a historic surge in infrastructure spending. Finally, we cover President Trump's "Project Freedom" initiative to guide neutral ships through the Strait of Hormuz amid rising tensions in the Persian Gulf.

This interview tells the cautionary story of a South African victim who lost over R24,000 after being drawn into a sophisticated online trading scam run through a platform called FXSI. What began with a convincing video advert and seemingly professional “account managers” quickly turned into a high-pressure scheme, with the victim encouraged to make larger deposits and then pressured to pay more to recover losses. The interview highlights how manipulative and believable online investment scams can be, the emotional toll they take on victims, and the importance of verifying any platform before committing money.

In this episode of Boardroom Talk, BizNews editor Alec Hogg unpacks a blockbuster night for global tech investors, with Alphabet, Meta and Amazon all reporting quarterly results. Held in the BizNews Ricardo US dollar portfolio, the three tech titans reveal how artificial intelligence has shifted from promise to hard infrastructure — and hard spending. Hogg explains what booming cloud revenues, massive AI capex, inflated paper gains and resilient core businesses mean for South African investors with offshore exposure.

In today's BizNews Daybreak, we look at the "Magnificent Seven's" earnings, where Amazon's cloud growth shines despite heavy AI spending. Anthropic weighs a massive valuation leap to $90 billion, while Fed Chair Jay Powell commits to his term amid a controversial building investigation. Economist Iraj Abedian provides a harrowing look inside a sanctioned Iran, describing a nation facing public executions, food shortages, and a total "net blockade" designed to cut off all global connectivity for 90 million people. Additionally, the UAE's exit from OPEC signals a major shift in oil market influence, while experts highlight the accessibility of UK property mortgages for South African investors.

Economist Iraj Abedian delivers a stark, insider view of Iran's deepening crisis - economic collapse, internal power struggles, and rising global tensions. As conflict reshapes alliances, he warns of unpredictable fallout and missed opportunities. With sharp insight, Abedian connects the dots to South Africa, urging urgent policy reset to navigate risk, seize investment potential, and stay grounded in national interest.

In today's edition of BizNews Daybreak, we dive into President Trump's strategic move to sustain an economic blockade on Iran over military alternatives. The global market faces further upheaval as the UAE announces its departure from OPEC following decades of membership. Meanwhile, King Charles III delivers a historic address to the US Congress, emphasizing the critical importance of the Atlantic partnership and unyielding support for Ukraine. In local news, environmental activists challenge Eskom's nuclear expansion in the Eastern Cape, citing threats to unique biodiversity and water security. Plus, Alec Hogg analyzes Tesla's $25 billion gamble on the "Optimus" robotic future and unpacks the latest quarterly tech earnings.

Is South Africa about to repeat its most expensive infrastructure mistakes? Ten years after a corruption-laden Russia/Zuma initiative was shelved, the controversial proposal for a nuclear power plant at Thyspunt near St Francis is back on the table. Communities in the Eastern Cape are sounding the alarm at a siting decision rooted in a 'homeland-distant' priority of a fearful Apartheid Regime. In this interview, Alec Hogg speaks with Trudi Malan, a passionate local activist and leader of the Thyspunt Alliance. She exposes Eskom's flawed scoping reports, the deadly lack of evacuation routes for residents, and the devastating threat to a global heritage site recognised as the cradle of modern humankind. Capping it all was the shocking arrogance displayed by officials at the required 'town halls' required as part of the public participation process. This is a must-listen for anyone concerned about South Africa's energy future and the protection of its heritage.

The United Kingdom remains a stable and attractive property investment destination for South Africans, says Mikayla Morkel-Brink from immigration specialists Sable International. She explained to Biznews in an interview that rental demand is driven by a chronic undersupply of housing and consistently high tenant demand. For South Africans, the appeal is reinforced by realistic net yields of 7–8% and mortgage rates of around 4–5%, far lower than in South Africa. Asked whether the upcoming Renters' Rights Act will affect landlords, MorkelBrink says the shift toward more openended leases, rather than fixed 12month contracts, is unlikely to have a significant impact in the regional university university cities such as Leeds and Birmingham where Sable operates. The company is also highlighting new opportunities in Reading, a regeneration hotspot on the Thames within easy reach of London. – Linda van Tilburg

In today's BizNews Daybreak we break down a morning of seismic shifts, starting with the federal court appearance of Thomas Allen, the man charged with the attempted assassination of President Trump. We examine a high-stakes standoff in the Strait of Hormuz as Iran proposes a nuclear trade-off to end the naval blockade. Plus, Goldman Sachs gives an analysis on oil, and a massive industry shakeup as Microsoft and OpenAI end their exclusive partnership.

Stellenbosch student‑turned‑founder Veer Gosai built an edtech platform serving millions of school pupils with free past exam papers – and he's not only a tech entrepreneur. A stolen ID led him to uncover fraud in the SASSA grant system. In this BizNews interview, Gosai talks about how his exam‑prep platform Taptic has expanded to seven African countries, with another eight in his sights; why he believes AI is detrimental to the youth in a country where more than 80% of Grade 4s cannot read for meaning; and, in an interesting titbit, how his data shows that Grade 9s are the “laziest” learners in South Africa. – Linda van Tilburg

Download and read the BNC#8 post-conference PDF here: https://bit.ly/4eB6uCi In a candid address to the Hermanus Rotary Club, BizNews editor Alec Hogg reflects on the key takeaways from BizNews Conference 8, unpacking South Africa's economic stagnation, governance failures, and the growing realisation that “Pretoria will not provide.” Drawing on insights from global and local thought leaders, he highlights both the risks of a “parasitic state” and the opportunities for renewal through civic action, investment discipline, and self-reliance—offering a sober yet ultimately hopeful outlook for the country's future.

Jock of the Bushveld, the classic story of how the runt of the litter became the trusted, gutsy companion of Sir Percy FitzPatrick during South Africa's goldmining era, is one of the country's most enduring stories. The book once outsold the Bible locally and was adapted into a feature film by producer Duncan MacNeillie, released in 1986. Now, a new generation will be able to see the film, which is being upscaled in 4K with the help of AI. In an interview with BizNews, MacNeillie said his original master copy of the film was destroyed and that, for years, he tried unsuccessfully to upgrade the film, which enjoyed one of the longest theatrical runs in SterKinekor's history. Financially, the theme song, Spirit of the Great Heart, became Johnny Clegg's most successful song. With recent advances in AI, MacNeillie is now able to restore and rerelease the film for a new generation. While Disney showed interest at the time, the film was blocked internationally because of apartheid. This beloved story will now be available first to South African audiences and then worldwide. – Linda van Tilburg

DA finance spokesperson Mark Burke slams the ANC's procurement reforms as costly, restrictive and ripe for corruption. He warns taxpayers will pay more for fewer services as competition shrinks and politically connected elites benefit. With legal challenges looming and public frustration rising, the battle over state spending could shape South Africa's economic future and upcoming election outcomes.

In today's BizNews Daybreak: Global energy markets are on edge as Iranian minelaying in the Strait of Hormuz and a fragile Israel-Lebanon ceasefire extension drive crude oil prices above $105. While the South African Reserve Bank warns of fuel and food inflation, Sasol's stock has tripled by securing domestic supply amidst these geopolitical shocks. In tech, Intel and Tesla shares rallied on massive AI and production forecasts, contrasting with significant job cuts at Meta and Microsoft. Meanwhile, Alec Hogg reflected at the Rotary Club on the success of the eighth BizNews Conference, emphasizing that "Pretoria will not provide" and urging citizens to drive South Africa's turnaround.

In this Boardroom Talk, BizNews editor Alec Hogg unpacks Tesla's shift into AI and robotics, Sasol's resilience amid oil shocks, and Teledyne's disciplined growth — highlighting how each plays a role in a rational, diversified portfolio.

In today's BizNews Daybreak, we examine South Africa's legislative shift toward a merit-based public service to combat state capture and political patronage. Globally, we cover Tesla's massive $25 billion AI investment and the escalating naval conflict between the US and Iran in the Strait of Hormuz. Finally, we analyse Capitec's impressive resilience as it transitions to a new leadership team, Remgro's multibillion-rand exit from FirstRand and Chubb's record-breaking quarterly earnings.

In this Boardroom Talk, BizNews editor Alec Hogg takes a second-level look at three heavyweight shares in the BizNews Ricardo portfolios — Capitec, Chubb and Remgro. He unpacks Capitec's strong growth and rising credit risk, Chubb's underwriting discipline, and Remgro's FirstRand exit as a capital-allocation play, highlighting what each says about management quality and long-term shareholder value. Engage with the BizNews Portfolios here: https://www.biznews.com/investment-webinar/2025/04/09/biznews-portfolios

In today's BizNews Daybreak episode, President Trump indefinitely extends the US-Iran ceasefire at Pakistan's request while maintaining a naval blockade. We cover the security breach of Anthropic's "Mythos" AI model and Kevin Warsh's pledge of independence during his Federal Reserve confirmation hearing. Plus, an investing masterclass with Sean Peche explores contrarian market strategies, and we analyse Apple's leadership transition as John Ternus prepares to succeed Tim Cook.

BizNews editor Alec Hogg sits down with Ranmore Fund Management founder and chief investment officer Sean Peche for an investing masterclass on navigating volatile markets. Using a vivid analogy about buck grazing where the lions lurk, Peche explains why investors should avoid the herd, focus on value, and stay disciplined when fear and greed drive market swings. It's a timely conversation packed with practical lessons for both new and seasoned investors.

Eurasia Group President and Founder Ian Bremmer joined Bloomberg Open Interest to break down the fragile reality behind the US-Iran talks. He warns that a peace deal may be more political theater than real progress. Bremmer talks about how higher gas prices could impact the midterm elections.

In today's BizNews Daybreak episode, Apple names John Ternus as CEO while Tim Cook moves to Executive Chairman. Political tensions rise as President Trump threatens to end the Iran ceasefire, impacting crude oil prices and global markets. Meanwhile, Jeff Bezos secures billions for "Project Prometheus" and Amazon ramps up its Anthropic investment. Plus, we expose a sophisticated South African AI scam and marvel at autonomous robots shattering human records in Beijing.

In this Boardroom Talk, BizNews Editor Alec Hogg exposes a sophisticated online scam using AI-generated images, fake SABC branding and a fabricated “Carte Blanche” showdown with President Cyril Ramaphosa to lure victims into handing over personal details and money. He explains how the con works, why it is so dangerous, and the red flags every South African should watch for.

In today's BizNews Daybreak, tensions reach a breaking point as the US Navy seizes an Iranian vessel, threatening a fragile ceasefire set to expire Tuesday. While global markets remain resilient with the S&P 500 hitting record highs, the UAE is seeking a financial backstop to prevent economic contagion. Plus, Solidarity's Dirk Hermann discusses the "perfect storm" facing South Africa's BEE policy, and architect Wandile Mthiyane argues that decentralized strategies are the key to solving the nation's 2.5 million home backlog.

South Africa's housing backlog exceeds 2.5 million units, with more than 4,000 informal settlements straining municipalities for serviced land. KwaMashu-born architect Wandile Mthiyane, who grew up in a mud-brick shack, is developing Ubuntu Home – an AI platform designed to provide people with land, services and AI tools so they can design and build their own homes. In a Biznews interview, Mthiyane recalls his aunt receiving a Mandela-era housing list number but recently dying still in the same shack. He says the crisis needs decentralised solutions, not more top-down contractors. The Obama fellow and future Harvard student launched the Walk for Home to raise R3 million to develop and scale the platform. He reports receiving many offers of accommodation, financial assistance, and support within days. – Linda van Tilburg

South Africa doesn't hear enough from politicians who do the unglamorous work of fixing the state. Jan de Villiers is one of them. The DA MP and chair of Parliament's Portfolio Committee on Public Service and Administration just drove through a landmark law that tightens the firewall between party politics and the civil service. You can't fix unemployment, crime, or service delivery with a compromised bureaucracy.

From Elon Musk's Pretoria beginnings to global dominance, this conversation dives into power, policy, and South Africa's economic crossroads. Solidarity's Dirk Hermann unpacks the growing backlash against BEE, arguing it stifles jobs, fuels elite enrichment, and deters investment. With pressure mounting from markets, citizens, and international players, is reform inevitable? A sharp, thought-provoking look at race, economics, and the battle over South Africa's future direction.

This Bloomberg Originals documentary explores the explosive rise of prediction markets like Kalshi and Polymarket — and the legal, ethical and political backlash that's followed. As these platforms go mainstream, questions are growing over insider trading, sports betting, and whether turning almost any real-world event into a wager comes at a cost.

In today's BizNews Daybreak, we dive into President Trump's announcement of a ten-day ceasefire between Israel and Lebanon, alongside hints of a potential deal with Iran during upcoming talks in Pakistan. We analyze the grim reality of illegal mining, where heavily armed syndicates are causing massive environmental damage and poisoning water systems with mercury and cyanide. We also examine Netflix's 8% share slide following disappointing earnings, the US government's rollout of Anthropic's "Mythos" AI model for federal agencies, and the looming economic threat of a "second China shock" driven by massive state subsidies. Finally, South Africa's Infrastructure Minister Dean Macpherson outlines a radical shift toward managing the state's vast property portfolio as a commercial asset management business.