BizNews Radio

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.

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional banks while delivering robust, risk-adjusted returns. In this session, Jonty Sachs and Gaurav Nair break down the fund's initial core portfolio, examine key risk mitigation strategies, and walk through flexible investment options designed for both annual dividend income and long-term capital growth. For more information: https://bit.ly/4x3RhQr. Jaltech Income Opportunities Fund · Unlocking high-yield private debt: The Jaltech Income Opportunities Fund

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.

Joburg is bankrupt, and Helen Zille says the city did it to itself. In her director's cut interview, the DA's mayoral candidate explains why half of Johannesburg's infrastructure budget went unspent last year, how "wasted" ward votes are quietly handing the ANC an advantage, and what she really thinks about the Steenhuisen-Tony Leon lobbying row threatening to embarrass her own party. Plus, why the market just punished Alphabet, Tesla and Patrice Motsepe's ARM for spending big, while rewarding the cash hoarders at Mr Price. Ranmore's Sean Peche explains why he wouldn't touch Tesla at these numbers.

In this interview with Chris Steyn, Heindrich Wyngaard, the executive chairperson of Cape Forum, details plans for a protest outside the National Assembly next month over the long wait for appropriate legislation to enable a provincial referendum . “And we are also planning to be present at that Home Affairs Portfolio Committee meeting on the 11th of August to ensure that enough pressure is put on the committee to speed up the process.” Meanwhile, Wyngaard hails plans by the City of Cape Town to establish its own detective force as a significant step towards the devolution of policing powers. “The evidence is clear to whoever is watching the Madlanga Commission's hearings, whoever has been following the Parliamentary Ad Hoc Committee sittings that……the state of policing is rotten. The crime stats…has not convinced us or anyone in the country that the police are winning the war against criminals.” As for the SANDF being deployed to Cape Flats, Wyngaard says they are no match for the gangs. "It's deep rooted and has become what I'd like to call an established underworld economy…So it brings us back to the plan of Geordin Hill-Lewis and the Democratic Alliance …to claim detective powers for the Metro Police in order to ensure that we get to where we should get to, which is successful prosecutions of those being caught by the police.”

Helen Zille has swapped the Iron Lady tag for "DJ Gogo", but the numbers she puts on the table are dead serious. In this conversation with Alec Hogg, she says Johannesburg only spent half of an eight billion rand infrastructure budget last year, warns that DA supporters staying home on election day could hand the city to the ANC, and lays out exactly how vote-buying has turned South African coalition politics into what one commentator called "auctions". She also responds directly to the lobbying row involving John Steenhuisen and Tony Leon, explains the real mechanics behind uMngeni's 42-vote nail-biter, and says plainly why she believes this election is Joburg's last chance to turn itself around.

In today's BizNews Daybreak, we cover overnight tech earnings with mixed results from Alphabet, Tesla, IBM, and Texas Instruments. Economist Dr. Iraj Abedian weighs in on the global fallout of the Middle East conflict, while SA engineer Peli Collins discusses his new space startup, Beyond Reach Labs. Meanwhile, OpenAI admits its AI model inadvertently hacked Hugging Face, raising serious cyber concerns, and Helen Zille addresses the Joburg mayoral race, giving her take on Herman Mashaba.

Seven months into the Iran war, economist Iraj Abedian tells Alec Hogg that Donald Trump has lost more than the battle for the Strait of Hormuz: he's lost America's standing as the world's dominant power. Abedian explains why the narrow waterway carries a third of global oil, why the mullahs are more afraid of each other than of Washington, and why South Africa's tilt toward Iran through BRICS looks like a costly misjudgement. He also has a warning for the Gulf states banking on American protection, and for the rest of us watching from the sidelines.

Pele Collins went from leading the SpaceX parachute engineering team that brought American astronauts safely home to co-founding a Y Combinator-backed deep tech startup, Beyond Reach Labs. In his latest interview with Irakli, the proudly South African engineer reveals how his team is tackling the ultimate pick-and-shovel play for the next era of the space race: deployable structures that unfold from the size of a dining table to a full-sized football field in orbit. Building in space historically meant assembling structures piece-by-piece over dozens of rocket launches. Collins wants to bypass those massive costs using dynamic, folding mechanisms. While the company initially entered Y Combinator focused on simulation software, raw customer feedback forced a fast pivot to pure hardware. “...customers said this, I mean this tool's amazing, we'd love to use it, but honestly, can you just go design and build the thing for us?” Collins recalls. Collins credits his resilient problem-solving mindset to his South African roots, highlighting a culture of mutual support that even landed him his first break at SpaceX under a fellow South African manager. “South Africans also always help each other out and... open doors for each other,” he says.

South Africa's BRICS bet on Iran is about to cost you at the pump. As the Strait of Hormuz standoff drags on, economist Iraj Abedian tells Alec Hogg why a third of the world's oil is stuck behind a 33km bottleneck, why Dubai is now more exposed than Israel, and why South Africa backed the wrong side. Plus: a boardroom bloodbath at the PIC, an ugly inflation surprise, a R21 billion Pepkor fintech deal, and a tribute to the late RW Johnson.

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column that ended their working relationship, and the warmth he never stopped showing even after he stopped writing for BizNews.

In today's Daybreak, we unpack the growing impeachment momentum against President Ramaphosa and its potential threat to the government of national unity. We also dive into Sasol's operational rebound, highlighted by Secunda's best production run in five years. Globally, we explore Trump's proposed generic drug tariffs, a chipmaker-led market rally, the rise of China's Kimi K3 AI model, and how Middle East tensions are impacting local fuel prices.

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 - not AI models - could deliver the biggest long-term investment opportunity. Is this another dot-com bubble, or something even bigger?

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 run, Nedbank locks in its East Africa expansion via Kenya's NCBA Group, and Kumba Iron Ore's ugly trading update lays bare the toll of a strong rand and Transnet's rail failures. Plus, why Thursday's Reserve Bank rate decision just got more hawkish.

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 will see some great fractures coming to the fore. Because we have to remember that there are very difficult political factions, some within the ANC themselves are willing to work with other parties besides the DA. And I would say it's going to be quite a tough time.” Chelin hails the latest development in the Tembisa Hospital looting scandal with President Cyril Ramaphosa's nephew by marriage permanently forfeiting R326-million of assets. Chelin rates the overall performance of the GNU; examines the differences in effectiveness between the Zondo and the Madlanga commissions of inquiry; laments the “lack of teeth” of parliamentary committees; applauds the strong role played by civil society in enforcing proper governance through the courts; and slams political parties for clogging up the overburdened justice system. “There's quite a sad irony here because civil society goes to court to hold those in power to account. But then…political actors…weaponise the courts with their delaying tactics…”

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 to protect businesses, and a new drive aims to register South Africa's informal waste pickers.

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 the DA's succession problem, and why he thinks a 25 to 30% national showing is realistic for the party come November. Plus: Gayton McKenzie's R31 million World Cup bill, South32's big bet on copper, and the helium squeeze putting an obscure Free State gas field on the world's radar.

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, defends the party amid recent controversies, and outlines his long-term ambitions. He also argues that uMngeni's governance record offers a blueprint for the rest of KwaZulu-Natal.

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 2024-25 financial year - and all five were cleared. Describing how certain officers jump ranks, Cameron says: “It seems that you either need to be well connected, not only politically, but strategically connected in parts of the police, or you need to be up to something that you shouldn't necessarily be busy with.” Meanwhile, Cameron denies reports that Special Leave Minister Senzo Mchunu and all the others were cleared in the Ad Hoc Committee draft report. “That's totally false.” As for breaking news of an explosive affidavit by suspended Inspector General of Intelligence Imtiaz Fazel, Cameron says it “draws a bit more of a dark cloud over” Minister Mchunu. “I think it puts a lot more pressure on the President… I think there are many many missing pieces of the puzzle that could be filled in if he (Fazel) is allowed to testify (at the Madlanga Commission).”

In this episode of BizNews Daybreak, political commentator Solly Moeng examines South Africa's deepening criminal justice crisis. On the global stage, President Trump demands harsher Iran sanctions as Middle Eastern oil routes shift. Meanwhile, Chinese tech startups Moonshot AI and DeepSeek prepare for massive IPOs, investors confront AI energy bottlenecks, Netflix pivots to live content to win screen time, and Andy Burnham prepares for Downing Street.

In this edition of the NdB Sunday Show with Chris Steyn, Political Commentator Solly Moeng lays into President Cyril Ramaphosa - in particular over his desperate court battle to stave off an impeachment hearing. He also reviews a week of extraordinary dramatic scenes at the Madlanga Commission of Enquiry with more pressure building on Crime Intelligence boss General Feroz Khan and IDAC chief Andrea Johnson. “So these are the people who are heading institutions that were designed to stand between South Africa and Hell. But instead they are the ones who are being scrutinised for wrongdoing.” As for tenderpreneur Cat Matlala's fierce legal representative Advocate Annelene van den Heever buying him more time, and businessman Suliman Carrim shopping at Woollies when he was supposed to be in a medical facility, Moeng charges “these guys - including the president - seem to be lawyering up against South Africa's democracy…it's almost like we've been living in some kind of Political Ponzi Scheme. We need to bring down the Ponzi Scheme…”

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX's scrubbed Starship launch, Netflix's disappointing sales guidance, a White House teleprompter insider-trading scandal, and the sustainability of skyrocketing margins in the AI semiconductor trade.

In their latest interview with Chris Steyn, Willem Els of the Institute for Security Studies (ISS) and Richard Chelin, an independent governance expert, share details of the war on drugs and crime in South Africa. Describing the struggle of dedicated detectives, Els reveals “for the past three months at one of the units they use a private vehicle and they rotate…and they are filling it up…just to do the job. You know, that's dedication - and that's the thin blue line that we are talking about; and those are the guys that actually make a difference in South Africa and stand between us and anarchy if you look at what's going on in the police.” On top of their lack of resources across the board, they are battling huge management challenges: “...they're running out of commissioners or generals to appoint as acting because of the arrests and so on….it is very demoralising if the one that you're looking up, if the one that is supposed to give you guidance, is actually exposed as a possible criminal. And who is guiding them then? You know, so those guys have got a real challenge. Their role models are being arrested. What now?”

The PIC's governance crisis has reached the regulator. Hours after suspending CEO Patrick Dlamini and acting CIO August Uys, the board now faces a formal FSCA Section 135 investigation into governance, leadership and transparency at the R3.5 trillion asset manager. DA federal finance chairperson Dr Mark Burke tells Alec Hogg why this is the fifth executive suspension in two years, how a murky Lanseria Airport shareholding sits behind Dlamini's fall, and why two ANC factions inside the GNU are pulling in opposite directions on the PIC's unlisted investments. Also on today's Edge: Amazon's quiet regulatory win over Starlink, a rescue deal taking shape for ArcelorMittal's Newcastle Works, and a tidy payday for Prosus in Uber's swoop on Delivery Hero.

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark Burke unpacks the unfolding turmoil, the political battles behind the scenes, and why restoring trust at Africa's largest asset manager has become an urgent national priority.

In today's BizNews Daybreak, US-Iran tensions steady oil and Korean tech stocks slide. Fed Chair Kevin Warsh defends his personal trading, while South Africa's PIC faces a deepening executive exodus. We also unpack more on the DA's Tony Leon lobbying scandal, the temporary closure of London's SA House, and a blunt warning from KPMG's Diane Swonk that persistent US inflation demands two interest rate hikes.

In his latest chat with Chris Steyn, political commentator Solly Moeng dissects the widening scandal around Tony Leon's lobbying amid former Democratic Alliance (DA) leader John Steenhuisen's mission of vengeance and the damaging fall-out for the party. “...what is very clear is that the DA is no longer just walking on still waters…Geordin Hill-Lewis can't be sleeping with both eyes closed right now...” Moeng also comments on the skeletons toppling out of closets thanks to the Madlanga Commission of Inquiry, including the relationship between Crime Intelligence (CI) Chief General Feroz Khan and Economic Freedom Fighters (EFF) CIC Julius Malema. As for IDAC Chief Andrea Johnson's sudden hospitalisation ahead of her appearance, Moeng says: “...we see the growth of this so-called Madlanga Ward at some hospital out there…We've been a country of no consequences for too long. They might try…by getting hospitalised, delay processes, lie, protect one another. South Africans must not sleep until there are consequences. We're not just looking for entertainment, we're looking for people to fall because they cannot do this to South Africa and get away with it.” Meanwhile, Moeng hails the arrest of former Ekurhuleni City Manager Imogen Mashazi, one among a spate of top officials and policemen facing the law after being implicated at the inquiry into police and political capture.

South Africa House in Trafalgar Square, a fixture of SA's diplomatic presence in London since 1933, has closed its doors, with the DA's Ryan Smith blaming decades of Dirco neglect and Dirco insisting it's a planned upgrade. Alec Hogg unpacks the row, plus three stories reshaping money and power: the PIC's suspension of chief executive Patrick Dlamini has drawn a formal FSCA probe, chipmaking giant ASML posted a decisive earnings beat, and IBM suffered its worst single-day share drop in history after admitting AI spending is gutting its legacy software business. Four institutions, one lesson: neglect gets found out.

South Africa House, the country's historic diplomatic landmark in London's Trafalgar Square, has closed for major renovations, sparking fierce political debate. The DA accuses DIRCO of years of neglect, poor maintenance and a lack of transparency, while government insists the closure is temporary and planned. Ryan Smith argues the controversy exposes wider failures across South Africa's foreign missions, from crumbling embassy buildings to questionable diplomatic appointments, raising serious concerns about accountability, taxpayer value and the country's global image.

In today's BizNews Daybreak: Trevor Manuel delivers a scathing account of how South Africa lost SAA and Eskom, while the IRR's John Endres warns that trying to wait out the Trump administration could cost the country billions in investment. We also unpacks the first monthly drop in US consumer prices since 2020 under Fed Chair Kevin Warsh, plus OpenAI's deepening legal battle with Apple.

South Africa's weight loss jab boom has a dark underside. A Pretoria pharmacy, iDexis, was producing roughly 84,500 units of semaglutide a month — more than Novo Nordisk's entire local sales of Ozempic and Wegovy — under the guise of a one-off "compounding" exemption meant for individual patients. Regulators only inspected the premises this year, more than two years after Novo Nordisk first complained, and found no sterile ventilation, no batch records, and no adverse-event tracking. Elsewhere, the Public Investment Corporation has suspended CEO Patrick Dlamini over an alleged Lanseria Airport conflict of interest, its fifth executive suspension in two years.