BizNews Radio

They've been dubbed 'the Three Amigos', and a year on from their first appearance as a trio at BNIC#2 in Hermanus, Dr Corné Mulder, Dr Theo de Jager and Gerhard Papenfus are back with an inside account of the Washington meeting that could reshape South Africa's relationship with the United States. They reveal the exact conditions US officials say must be met before trade relations are restored, explain how a foot and mouth disease crisis quietly cost a government minister his party leadership, and don't hold back on why they think transformation policy is strangling the businesses that could otherwise be creating jobs right now. Blunt, funny and occasionally uncomfortable, this is three men who've chosen to stay outside government making the case for why that's exactly where they can do the most good.

With The Hawks investigating corruption at Knysna Municipality amid a failing intervention, Ron Weissenberg of The Accountability Group (TAG) tells Chris Steyn why interventions and money are not the solution. “They tend to paper over the problems and they address… emergencies on a short-term basis. However, when the money ends and the resources are withdrawn, we are left with exactly the same staff complement, the same management, the same issues around leadership and it's effectively taking almost an infant to just before walking stage and as a toddler and then leaving them alone thereafter.” As for the failure of “King Maker” Coalitions, Weissenberg says: “Voters appear...to like the concept of coalitions. But toxic coalitions don't like voters. And what happens is that great intentions, great speeches and a great playbook often results in quite the opposite. And you have the unfortunate situation where human nature, self-interest comes into play and...very quickly these coalitions move into managing the coalition rather than managing the municipality or the local authority. And that exacerbates service delivery…” While voters across the country hope for better municipal governance after the LGEs in November, Weissenberg advises residents how to use current legislation to pressurise political parties or individual independents into more appropriate action.

South Africa has budgeted a trillion rand for infrastructure over the next three years. It's spending less than it did twelve months ago. Public Works and Infrastructure Minister Dean Macpherson lays out why: a tender system that awards roughly one in six bids, a construction mafia that until recently shut down sites almost daily, and a state entity that was bankrupt and whose boss allegedly tried to bribe a journalist. He also explains what's actually working, from Cape Town's record infrastructure spend to a national crackdown that's already produced 241 arrests. Not a comfortable watch for anyone hoping this is just how things are.

Back from BNC#9 in the Drakensberg, Daybreak opens with Safe Citizen's Jonathan Deal on the Madlanga Commission, where WhatsApp chats allegedly link Julius Malema to Major-General Feroz Khan and tobacco businessman Mohammadh Sayed. Malema calls it ordinary parliamentary oversight. At the conference, FF+ leader Corné Mulder warns GNU parties risk being co-opted, while Gerhard Papenfus says BEE and employment equity are still strangling business. Public Works Minister Dean Macpherson counters with good news: 241 arrests, 176 convictions and KZN construction mafia disruptions down from 60 a month to under 10.

In the latest edition of the NdB Sunday Show, Chris Steyn and Safe Citizen Founder Jonathan Deal take a deep dive into the latest testimony at the Madlanga Commission of Inquiry after 159 days of testimony. “I think that we could say that this week the Madlanga Commission stopped being about one scandal and started looking like a stress test of the entire institution of the South African Police Services… because we have five threats all moving at once: Credibility collapse for the woman who ran IDAC, a classified report that moved through the system with nobody able to say under what authority, an EFF leader the commission still has not called, a shooting victim the public doesn't fully believe was shot, and two witnesses - one sealed and one postponed still to come.” Deal also outlines why Special Leave Police Minister Senzo Mchunu can now be safely referred to as former Police Minister: “...this stuff sounds like it's out of a spy novel, quite frankly…. the Inspector General of Intelligence is refusing to hand over a report on an open investigation. All of a sudden, the report is in the hands of the Minister of Police and that gets flown - literally like we see on the movies with spies moving documents around - to the Eastern Cape…and forwarded on WhatsApp…Absolutely mind boggling.”

Reza Shah of Iran died in exile in a house in Johannesburg in 1944. Eighty-two years later, an Iranian-born South African economist stood up at BNC#9 to explain why that strange, half-forgotten history still shapes how Pretoria thinks about Tehran, and why the war now raging between Iran, Israel and the United States might be the moment historians look back on as the start of America's retreat from the Middle East. Dr Iraj Abedian takes you from a British-orchestrated abdication and a CIA-backed coup, through Sasol's Iranian shareholder and Mandela's visits to Tehran, to a chessboard being redrawn "literally hourly." His verdict on Washington's war plan: a swamp, not a surrender.

Today on BizNews Daybreak, Wall Street celebrates record highs while OpenAI and Anthropic eyes a massive IPO. Locally, Dawie Roodt blames ANC ideology for South Africa's economic woes, and Ian Cameron exposes severe dysfunction and backlogs within SAPS. On the global front, Dr. Iraj Abedian analyses America's retreat from the Middle East, and Javier Blas details the high-risk, "dark" oil tanker trade navigating the Strait of Hormuz.

Dawie Roodt says South Africa's taxpayers are being squeezed harder than ever, and he has the fresh numbers to prove it. In this BNC#9 keynote, the Efficient Group chief economist walks from 300,000 years of human history to the latest Reserve Bank bulletin to make one argument: the state is spending and taxing more than it ever has, while a shrinking pool of taxpayers carries the load. He explains why he backs a controversial BEE fund idea that a fellow speaker slammed at breakfast that same morning, why he's telling people to legally pay as little tax as possible, and what a Middle East ceasefire could mean for the rand, interest rates and South Africa's growth outlook. He also delivers his sharpest line yet on the ANC.

Half of South Africa's police stations don't answer their own phones. There's a DNA backlog running past 300,000 cases, sitting behind rapists who are still walking free. And SAPS spends R102-billion a year on salaries for a leadership structure of 722 generals and brigadiers. Ian Cameron, chair of Parliament's Portfolio Committee on Police, lays out exactly where SAPS is broken, names the generals he says accountability keeps missing, and sets out five foundations he believes could turn it around, if anyone on the inside actually wants to.

Rob Hersov became a household name in South African business circles for one speech and two words. Four years on, he's back on the BizNews stage with a harder, more complicated message: the country is not fixed, the ANC is not gone, and the crisis is deeper than most people admit. But he's also putting his own money down, on the West Coast, on a Cape Town-area development, and on a young entrepreneur building South Africa's first prediction market. Between the warnings about gangsters, hijacked buildings and a R1.8 trillion corporate cash pile sitting idle, Hersov makes the case that South Africa's real danger isn't collapse. It's getting used to it. Watch to hear why he thinks the municipal elections could be the turning point, and where he's actually putting his own capital.

In today's BizNews Daybreak, Prince Mashele predicts the ANC's terminal decline by 2034, while Rob Hersov warns South Africa is uninvestable due to a massive illicit economy. Globally, subdued US inflation eases Fed pressure, and Nvidia unveils a $500 billion AI infrastructure plan. Plus, we hear Bernard Mostert's inside story on Steinhoff's red flags, Cisco's AI-driven earnings, and further updates on geopolitical tensions in the Strait of Hormuz.

Prince Mashele doesn't do polite predictions. At BNC#9 in the Drakensberg, the political analyst and author of The Fall of the ANC lays out exactly how he believes South Africa's governing party ends: not with a bang, but a slow bleed to zero seats within two elections. He explains why Johannesburg matters more than any other contest on the ballot, why he expects Cyril Ramaphosa's own comrades to turn on him the moment the results land, and why he believes KwaZulu-Natal's unity has one heartbeat left in it. Then he does something rarer: he sets out the plan he and a growing group of South Africans are building to replace the ANC altogether, and tells the country's wealthy exactly what he thinks of their commitment to it.

Four months after taking over as DA federal leader, Geordin Hill-Lewis used his first BNC address to lay out exactly how he plans to close the gap on the ANC, why Cape Town's gun conviction numbers should worry everyone, and what one ANC mayor told him in private that he says has stayed with him. With the DA and ANC now separated by just seven points nationally, and Johannesburg's local election turning into a real contest, Hill-Lewis makes the case for why he thinks South African politics is about to change shape, whether the ANC likes it or not.

In today's episode, Christo Wiese discusses Markus Jooste's betrayal and his fight for restitution. We also cover the DA's optimistic vision to reverse South Africa's decline and Duduzane Zuma's call for big business cooperation. Globally, signs emerge of a potential US-Iran arrangement over the Strait of Hormuz, while the US faces munitions shortages. Finally, AI stocks soar as CoreWeave and Supermicro beat estimates.

He once said he wouldn't join his father's party. Now he's its second-in-command. Barely a week into the job, Duduzane Zuma used the BNC#9 stage to tell South Africa's business leaders exactly what he thinks they've got wrong, about land, about the Reserve Bank, and about the "masses" he says the boardroom keeps ignoring. He splits the economy into three, calls out white monopoly capital by name, and makes one direct ask of business: meet MK halfway. Whether that's a real olive branch or a warning shot is for the viewer to decide.

Today's BizNews Daybreak covers Donald Trump's stance on Iran and rising oil prices driving Brent crude past $87. Tech highlights include Anthropic's $9.1 billion data center deal with Riot Platforms, Intel raising $20 billion through share sales, and security risks of rogue AI models. Plus, Berkshire Hathaway accelerates share buybacks to $4.5 billion.

Nearly a year after Neil de Beer's death, the NdB Sunday Show looks back at the moments that made him impossible to ignore. From tearing into the NHI Bill to naming his own "ten most wanted" list of state capture figures, de Beer never softened a line for anybody. What most of his audience didn't know while he was saying it: he was fighting cancer, quietly, the whole time. Chris Steyn revisits the utterances that built the show, and the man behind them.

Today's episode covers South Africa's immigration debate as Solly Moeng addresses local employment realities. We examine global tensions, including Iran's Strait of Hormuz deal and oil market impacts. Plus, updates on Federal Reserve Chair Kevin Warsh's inflation strategy, OpenAI's upcoming 2027 smart device, Elon Musk's massive SpaceX and Starlink V3 expansion plans, and Alphabet's struggles with delayed Gemini models and AI talent loss.

Today's episode covers Google's AI leadership shakeup, vishing cyberattacks targeting major Wall Street hedge funds and Meta's AI testing breach. Locally, Jacob Zuma appoints his son Duduzane as MKP deputy president while Ramaphosa holds back an interim commission report. Plus, SRF polling reveals the ANC collapsing in Johannesburg, Kallie Kriel dives into property rights warnings over expropriation, SanDisk's revenue forecast, and Uber's latest consumer update.

Alex Karp just proved that conviction moves markets. Palantir's overnight 29% jump has Wall Street rethinking what it thought it knew about the company, and Karp isn't shy about telling you why. Elon Musk lays out exactly how far ahead SpaceX and Starlink already are, and how much further they're going, while South Africa keeps arguing with itself about letting Starlink in at all. Add a fresh Johannesburg poll that's bad news for the ANC, a Sasol result the market punished despite strong numbers, and Glencore handing billions back to shareholders, and you've got a day where markets and voters were settling the same argument.

In their latest weekly chat, Chris Steyn and political commentator Solly Moeng talk about the headline-grabbing actions of former President Jacob Zuma and the headline grabbing non-action of current President Cyril Ramaphosa: Zuma appointing his son, Duduzane, as MKP's Deputy President while Ramaphosa has been sitting on the second interim report of the Madlanga Commission for over two months. They also discuss News24's turn-around on former IDAC chief Andrea Johnson, as well as DIRCO's release of a photograph of US Ambassador Leo Brent Bozell and International Relations Minister Roland Lamola posing with big smiles after meeting. “I think it's a good thing that the outside world is watching South Africa because we can be fooled into a false sense of patriotism that works against us. Because these politicians in South Africa are smart. You know, we're all going…yeah, let's protect South Africa, but we're actually protecting the stuff that is working against us here at home. …We need politicians here to know that they cannot just do anything and tell us yeah, let's protect the country when we're actually protecting them.”

In todays Daybreak, AfriForum's CEO reveals an upcoming contempt of court case against Julius Malema for land grab calls. Paramount Group's founder warns of a potential uprising in South Africa. Locally, Nedbank report strong interim results, while a scam victim shares his R450,000 loss. Globally, SpaceX and AMD release earnings, and South Africa pitches a $180 billion energy plan to China.

Another BizNews tribe member has suffered a huge online trading platform loss. In this interview with Chris Steyn, Tommy Salem describes how he ended up on the FXSI platform after clicking on a clip showing AfriForum's Kallie Kriel before losing R450 000 in two months. It was money Tommy could ill afford to lose: “I had a stroke. So I was at home for a year and I was busy with the therapy and that didn't work out and the company then decided to put me on permanent incapacity leave. ..That was money I received from my insurance and my incapacity benefit…it's painful to lose so much money…” In its response to BizNews, FXSI stated: “The complaint was received on 28 July 2026, acknowledged, and remains under formal investigation…As the matter is ongoing, it would be inappropriate to comment publicly on the allegations or speculate on the outcome.”

Ivor Ichikowitz turns sixty this year, and by his own account he's never felt more energised. As founder of Paramount, the defence and aerospace group he built into a business operating in twenty countries, he's used to controversy. But in this conversation with Alec Hogg, he's not talking weapons. He's talking about what his foundation's African Youth Survey reveals about a generation that trusts China more than America, doesn't believe in the ballot box, and might just take to the streets instead. He also has a stark warning for South Africa: Denel, the state defence company he helped build his own career alongside, may only have months, not years, left to save.

Thirteen votes vanish, a city manager gets his job back, and Tshwane's bondholders are left wondering what happens to every tender signed while he was out. Kallie Kriel tells Chris Steyn that AfriForum is coming for Julius Malema again, and this time the government's in the crosshairs too. Then Ivor Ichikowitz, the famously private founder of Paramount, breaks his silence on the defence empire he built out of South Africa, and on a fresh survey showing Africa's youth quietly picking sides between Washington and Beijing. Plus: Nedbank's numbers hide a bigger story, the JSE reports on itself, Old Mutual's frozen Zimbabwe shares get a lifeline, and Palantir hands Wall Street another reason to pay attention.

In this interview with Chris Steyn, Kallie Kriel, the CEO of AfriForum, describes the legal battle being fought against the Expropriation Act in the Cape High Court this week. Detailing the implications of the act in current form, Kriel warns that after the Local Government Elections in November, municipalities under MK control could use a section of the act to expropriate without compensation. “They can use a reason that is not valid and they can go ahead…And that is why we will use the resources we have to fight this till the bitter end.” As for unlawful occupation, Kriel reveals that Economic Freedom Fighter (EFF) CIC Julius Malema is facing legal action over his latest land grab call. “A few years back we got a court order successfully against him that he is not allowed to do that. He had to pay our costs. But you will see that during the last week he did it again. We have not announced that publicly; so you hear it the first time. But our legal team is drawing up a case at the moment because his behaviour is contempt of court. So we believe we have a strong case there.”

In today's episode, we cover South Africa's crowning as Africa's ransomware capital and the FSCA's record R2.8 billion in fines, including action against the Banxso deepfake scam. We also discuss the appointment of seasoned provincial police commissioners and new anti-corruption progress. Globally, we unpack President Trump's tariff lawsuits, OpenAI's security briefing following the Hugging Face breach, Palantir's soaring sales, and Alibaba's massive new AI model.

In his latest interview with Chris Steyn, former Western Cape Provincial Police Commissioner, Dr. Lennit Max hails the appointments of four new provincial commissioners. “This time around I am very pleased that the Acting National Commissioner in her wisdom decided that there's merit among people of colour.” He points out that all four appear seasoned as well. “Lieutenant General Sizakhele Dyanti in the Western Cape, got 34 years of service. Lieutenant General Arthur Adams, Northwest, 34 years of service as well. Lieutenant General Jan Scheepers, Limpopo, 38 years of service. And Lieutenant General Apapia Modise of Mpumalanga, 37 years of service. They are not people who are parachuted into those ranks.” As for the latest "heartbreaking "testimony at the Madlanga Commission, Dr Max says it is “damaging not only for Andrea Johnson, but to IDAC as a whole, the NPA, but most importantly, to government because government put these systems in place to ensure that they address the corruption in this country and we as citizens got hope that government is doing the right thing to put these systems in place and also to appoint people they believe got the necessary skill and commitment to serve our country without fear or favour. And it is totally unacceptable, and I think there must be consequences to that effect.” Lastly, Dr Max shares highlights from his autobiography which is being launched this month: “A Life That Refused to Bow”.

Two prosecution bosses down, and counting. The Madlanga Commission has just claimed its second casualty, and a leaked recording shows exactly how bad it got. Meanwhile fresh polling suggests the ANC is about to lose over 500 council seats, Interpol has crowned South Africa the ransomware capital of the continent, and the FSCA has landed a R2.8 billion fine on the company behind those Elon Musk deepfake ads, the same scam BizNews first exposed. On the markets side, Nedbank, Telkom and Stor-Age all moved today, Lewis Group looks like a Buffett-style bargain hiding in plain sight, and Amazon just delivered one of the biggest single day gains in its history. Andy Jassy explains, in his own words, exactly why.

Today's BizNews Daybreak examines Japan's US-coordinated currency intervention, OPEC+ production increases, and energy lobby opposition to US biofuels legislation. South Africa's corruption commission delivers unprecedented accountability, while Donald Trump pauses planned Iran strikes pending rapid talks. Meanwhile, the S&P 500 opens at 7,489 and SpaceX prepares for a high-stakes earnings call this Wednesday. Finally, FIFA President Gianni Infantino faces severe UEFA backlash following a collapsed World Cup investment deal.

In this edition of the NdB Sunday Show, Chris Steyn and Jonathan Deal, the founder of Safe Citizen, talk about the fall of Investigations Directorate Against Organised Crime (IDAC) Chief Andrea Johnson - whom Economic Freedom (EFF) Fighter CIC Julius Malema likened to the late Winnie Mandela - and who was tipped to be a future National Director of Public Prosecutions; as well as the fall of three other tipped for the highest law enforcement and political control positions in South Africa: former Police Minister Senzo Mchunu as a possible future African National Congress (ANC) President; suspended General Shadrack Sibiya as possibly the next National Police Commissioner, and suspended General Feroz Khan with his eye on the top job at Crime Intelligence (CI). Deal hails the Madlanga Commissioners who ask questions “in a way that actually leads deceitful people into their own traps”. Meanwhile, Deal warns that township economies have been hard hit by the flight of foreigners at a time when the hungriest section of the population is awash with illegal guns. “...we are sitting with an enormous number of unemployed young men with no money, no job, and literally no hope for the future. And it could still take just one spark to see the equivalent of an Arab Spring in this country.” He describes just how vulnerable South Africans have become while the “police itself, on a national and often a provincial level, is powerless and directionless”.

Today's BizNews Daybreak covers Apple's quarterly results, Rivian's SUV success, and Anthropic's AI breach, alongside a semiconductor rally driven by Microsoft and Oracle. Football federations oppose FIFA selling World Cup stakes, while Donald Trump claims a Gaza disarmament agreement. Meanwhile, Alec Hogg discusses Anglo American's South Africa exit, RMB launches a R1bn housing program, Geraint Anderson tackles psychopathic corporate culture, and Amazon's AWS delivers strong AI-driven growth.

A former top-ranked City of London stockbroker has written a manual for winning at business, politics and life. There's just one catch: to follow it, you'd have to think like a psychopath. Geraint Anderson, the man behind the legendary "Cityboy" column, tells BizNews editor Alec Hogg why he built his new book around Trump, Musk and the 'manosphere', how a near-fatal motorbike crash changed his mind about the game he was winning, and why the book is now selling harder in South Africa than almost anywhere else. He also explains, only half-joking, why he's booked in to be clinically assessed for psychopathy himself.

In this interview with Chris Steyn, Alessandro Scalco of RMB Sustainable Finance shares the details of a R1 billion Blended Finance Programme to formalise and scale South Africa's burgeoning affordable rental market. Rand Merchant Bank (RMB) has partnered with INDLU, a property financial technology company that empowers landowners to build, manage, and earn from high-quality rental housing. The programme aims to bridge the national housing gap—currently estimated at 2.3 million units—by providing sustainable, affordable credit to micro-developers who have historically been excluded from traditional banking sectors due to a perceived lack of formal collateral. Scalco says the programme represents a blueprint for how South African capital markets can drive large-scale, powerful social impact without compromising financial performance. Already delivered are over 2 200 high-quality rental units in areas such as Tembisa, Mamelodi, and Cosmo City. “From a pure sort of job creation perspective, there's quite a few local contractors that have built up teams and businesses. One of the success stories is one of the local contractors actually now does work across Sandton, Four Ways. So they've actually kind of branched out of just focusing on working with the INDLU team to build those units to building across South Africa, or building across Gauteng - and that's actually such a great story. It just shows you the power of getting an opportunity.”

Anglo American's interims dazzled - earnings up 35%, free cash flow up nearly 150%, the dividend all but tripled. But BizNews editor Alec Hogg looks past the headline to what Anglo's walking away from: steelmaking coal sold, De Beers going for a tenth of what it paid, and a Teck merger that moves the head office to Vancouver. A 109-year-old Johannesburg company is quietly leaving. He pairs that with Old Mutual's finding that half of working South Africans now gamble - the sharp end of a two-speed nation. Plus ArcelorMittal, Reinet, Woolworths, a post-Fed bond rout, and the great Microsoft-Meta AI tension.

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging against the rand, and the mixed reality behind Zelensky's meeting with Trump.

Treasury switched off the taps to 69 municipalities for doing nothing about corruption and mismanagement. Today it switched them back on anyway, days before its own deadline. Alec Hogg asks the obvious question nobody in government wants to answer. Plus: why last week's Reserve Bank rate hold is already punishing the rand, a foundation funded by an arms dealer just published a survey putting China ahead of America in young Africans' eyes, and on the JSE it's a tale of two extremes: Valterra Platinum showering shareholders in cash while ArcelorMittal's losses widen by the day. And the machine that prints the world's most advanced chips just found out China isn't waiting around.

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to cover up wrongdoings at high level; and the assassination of another corruption whistleblower, Emfuleni accountant Martha Rantsofu. “...everything that we see is really just the tip of a huge, massive iceberg. I'm sure there are other bodies, dead bodies all over the place, of people who said: ‘I cannot support this, or I'm going to report this, or this is not the right way to do things'… There's a whole industry that has been set up where you get given two thousand, ten thousand depending on where you're at, to go and pop somebody.” Moeng also comments on the corruption trial of former Defence Minister Nosisive Mapisa-Nqakula; the expose of former IDAC Chief Andrea Johnson's agenda; the management mayhem at the Public Investment Corporation (PIC); and former President Jacob Zuma's latest antics.

In today's BizNews Daybreak, SK Hynix posts profit gains while Nvidia's CEO defends open-weight AI amid safety warnings and new hacking reports. Ford raises its outlook and Visa cuts 2,600 jobs. In South Africa, SAPS data reveals over 99% of gun murders involve unlicensed firearms, while the Phala Phala impeachment battle reaches the Constitutional Court. Plus, analysts preview the US Fed interest rate decision and weigh oil market scenarios from $75 to $150 per barrel.

In his latest interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, talks about the revelation that - in the last four financial years - over 41,000 murders were committed with unlicensed firearms, but fewer than 400 murders with licensed firearms whilst the government is pushing for stricter self defence laws. “There's no doubt that there's some kind of a political ideological push to disarm and to centralise power…if they should ever succeed with this draconian and absolutely ridiculous piece of legislation, it would result in tyranny.” Commenting on the resignation of IDAC Chief Andrea Johnson, Cameron notes that a “specific faction of people…seemed to be dead set on securing control of certain leadership positions…if you had gained control of especially Crime Intelligence and obviously the office of the National Commissioner, you would have relatively easy access to the Secret Service funds, which obviously is massive amount of money that very often ends up in a political tug-of-war because if you control that and you know how to seemingly use it in the wrong way you would be able to get a lot of money for your campaigning and political work.” He warns: “...we mustn't underestimate how in-depth and detailed a lot of the planning goes to perform some of these bigger, broader strategies. I think it was, is, possibly, might still be, a massive risk to the stability of the criminal justice system.”

Two judges signed the same court order and can't agree on what it actually stops. Now Ramaphosa's impeachment fight is headed to the Constitutional Court, with the ANC's own GNU partner pushing Parliament to keep working in the background regardless. Meanwhile South Africa's bookmakers want prediction markets like Polymarket treated as illegal, three JSE-listed companies posted results pulling in three different directions this morning, and overnight a sell-off in AI and chip stocks wiped billions off names like Nvidia and SK Hynix. Alec Hogg unpacks what's actually driving each story, and what it means for your money.

In today's episode, we cover the US-Iran diplomatic talks and escalating tech wars with China's new DUV lithography machines. Locally, Jabulani Khumalo warns of Jacob Zuma's alleged plot to seize MK Party finances. We also examine a warrantless SAPS and Home Affairs raid on a Western Cape estate. Finally, Alec Hogg unpacks the Reserve Bank's shock rate hold that battered the rand, while analysts debate mega-cap tech's market leadership.

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, comes out in support of The African Renaissance Unity Party (ARU) founded to lobby for the interests of traditional chiefs and their communities. With Khumalo's battle to reclaim control of the party - “hijacked” by former President Jacob Zuma - still winding through the courts, he calls on MKP members to vote for ARU in the upcoming Local Government Elections. He fumes at Zuma's latest shock move to take over personal control of MKP's finances and warns: “people must know that Zuma doesn't like MK. Zuma is the ANC - and he will die as the ANC. So he's in the MK just to loot money”. Khumalo describes how the “craziness of Zuma” and the games he plays have created mayhem in MKP. As for the enduring relationship of the former president with the fugitive Guptas of State Capture, Khumalo charges that Zuma's aim was to use them to move money out of the country for him. He also reveals what is behind Zuma's shock move to kick his daughter, Duduzile, out of MK.

An anti-immigration raid on a private housing estate in the Western Cape is causing a furore. In this interview with Chris Steyn, Eva Crouwel, a property owner on High Riding Estate, describes how police in a fleet of about six vans - accompanied by Home Affairs officials - descended on the estate last week, gained entry without a warrant, “stopped their vehicles at multiple properties, were knocking on doors, were hooting their cars, effectively in an effort seemingly to gain access to the properties” until they were escorted off the estate by several residents and security. Crouwel, a trained lawyer, says: “I have done some investigation into the various applicable legislations and have not been able to ascertain that there is in fact a permission for access to private residential properties without producing a warrant…And if we allow the Police Force of South Africa to enter those premises without due cause or warrant, then that becomes a very slippery road that we are going to find ourselves on.” While the matter is now under further legal advisement, Crouwel has this advice for other estates: “Unless somebody has a warrant against you or something on your property in a very well described matter, on duly documented legal documents, you are not under any responsibility to let them onto your property.”

Elon Musk tells The Economist that AI will out-think the whole of humanity within five years, and he sounds strangely at peace with that. Back home, the Reserve Bank blindsided everyone with a shock rate hold, the Rand took its worst knock in months, and Citigroup walked away from a bet it had believed in for weeks. Add a dramatic exit at the top of South Africa's anti-corruption unit, big numbers from Vodacom and Impala Platinum, and a fond farewell to RW Johnson, and that's a full day of news in about twenty minutes. Have a listen.

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia's potential $250B OpenAI data center deal, tech mega-cap earnings scrutiny on AI CapEx, and US economic growth.

In the latest NdB Sunday Show, Chris Steyn spoke to Mark Regev, the former senior advisor to Israeli Prime Minister Benjamin Netanyahu. On the bilateral relationship between South Africa and Israel, he says: “... it's clear we're going through a difficult period. South Africa says it wants to promote peace and justice in the Middle East. But you can't do that by only speaking to one side. You can't do that by ignoring one side.” He contrasts that to a visit to Israel by the late President Nelson Mandela during which he stated that Israel had a right to live behind secure borders. Asked what Israel would do if US President Donald Trump exited the Iran war under pressure, Regev was adamant that Israel would protect itself.. “Now, if that can be done diplomatically through an agreement, of course we would support that. If unfortunately the regime isn't willing on its own devices…to stop its quest for a nuclear weapon, then Israel…reserves the right to act.” He deems Israel to be in a better place now than before the October 7 Hamas massacre: “we have bounced back and we have shown that we can defend ourselves, and those who will try to murder our people, those who will try to butcher our children, will pay a price.” As for the elimination of Hamas operatives involved in the attack, he stresses that “longstanding Israeli policy is that you will be brought to justice one way or another”. Regev explains why “no one in Israel is going to be talking about a Palestinian state for the foreseeable future”. And describes how Israel has also “decimated” Hezbollah, whose “ferocious military machine” was “much stronger” than that of Hamas and the Lebanese State. Regev is also a former Ambassador to the UK, the co-host of the "Israel Undiplomatic" podcast, and lecturer in International Relations at Reichman University.

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Lance Dickson kept having the same conversation. A failing council. A price hike nobody could explain. Everyone complained. Nothing changed. So he built Ryze instead, a self-funded civic action platform designed to convert that outrage into organised economic consequence. In his latest interview with Irakli, the founder unpacks the six-agent AI cluster running underneath it, from a news-scanning watchdog named Argus to a legal gatekeeper named Shield, built so nothing goes live without clearing a legal check first. The mechanism isn't new. Pamphlets and word of mouth forced PUTCO to reverse a bus fare hike in 1957. Dickson just wants to run it at national scale. The urgency comes from the street, not the boardroom. "I literally got told yesterday from a petrol attendant that he doesn't know who to vote for," he says. He traces the instinct back to the country itself. South Africa, he says, is "known as one of the countries that have put boycotting on the map."

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against rampant speculation within the current AI boom. Plus, overnight global updates on US tariffs, Intel, and SpaceX.

Sean Peche has spent 2026 doing the opposite of the crowd. While the market piles into AI, memory chips and Elon Musk's every pivot, the Ranmore founder has been selling Tesla, walking away from SpaceX and quietly buying into Adobe and Tencent instead. In this conversation with Alec Hogg, the South African-born, UK-based fund manager breaks down why Alphabet's capex bill worries him, why Britain's new Prime Minister just handed him a trade, and why getting rich slowly beats chasing the next shiny thing.