Welcome to BizNews Radio where we interview top thought leaders and business people from South Africa and across the globe.
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June 15, 202612 min
The Daily Edge: $2bn back to Anglo Gold shareholders, what Mideast ceasefire means for gold bulls
Three JSE stories opened the week, and one theme cut through all of them: cash. Anglo Gold Ashanti confirmed a shareholder vote on a $2 billion share buyback, sending the stock up nearly 9%. Eskom's credit rating was upgraded by Fitch — not on its own merits, but on the back of South Africa's sovereign upgrade, with its standalone profile still deep in junk territory. Matengu flagged the sale of its Blue Ridge Platinum stake for R50 million, tidying the books ahead of a bigger deal. Then the weekend rewrote the macro: a US-Iran ceasefire pushed oil down and put gold bulls on notice.
June 15, 202619 min
Golden handshakes, protection of allies, targeting of whistleblowers… - Grant Abbott
In his latest interview with Chris Steyn, Grant Abbott the General Secretary of the National Tertiary Education Union (NTEU) shares evidence collected over years for the criminal complaint lodged against Vice-Chancellor Professor Sakhela Buhlungu who was recently placed on precautionary suspension by the Council and now faces charges of gross misconduct. Allegations in the union’s criminal complaint include the appointment and promotion of individuals outside lawful recruitment processes, the circumvention of governance structures, the approval of substantial financial settlements of millions of rands and remuneration adjustments without proper justification. It also sets out how the Vice Chancellor selectively used disciplinary processes to protect his allies and targeted whistleblowers. Meanwhile, some of those who benefitted from the Vice-Chancellor’s “schemes” are now the accused in corruption and fraud cases. “The problem is that you can't position yourself as a corruption buster and then in the process of doing that create more corruption...”
June 15, 202613 min
BN Daybreak - Mon 15 June 2026: US-Iran peace deal; Ramaphosa impeachment fight; Cape Town Mayor; Old School SA
In today's BizNews Daybreak: Global markets react to a historic US-Iran peace deal halting fighting for 60 days, while the Federal Reserve faces a high-stakes interest rate decision amidst rising inflation.
Closer to home, President Cyril Ramaphosa scrambles to block a politically dangerous parliamentary impeachment inquiry over the Phala Phala scandal.
Plus, Cape Town Mayor Geordin Hill-Lewis explains why he's staying clear of a cabinet seat, and the founders of Stellenbosch sportswear brand Old School SA share how they turned vintage jerseys and national pride into a booming business.
June 14, 202625 min
The NdB Sunday Show: Lauren Evanthia - “Scrambling” Cyril, Witness I & a “criminal enterprise” government
In today’s edition of the NdB Sunday Show with Chris Steyn and Lauren Evanthia, the founder of the Organic Humanity Movement, the hot topic is President Cyril Ramaposa’s urgent court bid to try and stop Parliament from conducting his impeachment inquiry. “And now the president is obviously scrambling. He knows what this means. If anything, this is almost an admission of guilt on his part…(and) how is it gonna hurt the ANC during the elections? I think that is probably at the forefront of his mind…if they want to hold on to that 45.6%, they cannot afford to have this massive scandal with the president.” Evanthia also dissects the testimony of Witness I before the Madlanga Commission. “The whole South African government for me appears to be an entire criminal enterprise.” She further looks at the biggest lack of service delivery horror stories, and gives her take on the defection journey of Neville Delport from the African National Congress (ANC) to the Democratic Alliance (DA) and on to the Patriotic Alliance (PA). Lastly, she examines the likely consequences for South Africa should Nigeria carry out its threat of retaliation over South Africa’s handling of the migrant crisis.
June 12, 202619 min
Old School SA’s Stellenbosch brothers riding Bafana Bafana fever sweeping the country
Stef and Daneel Steinmann couldn’t buy the vintage Springbok jerseys they kept seeing around Stellenbosch in 2019, a Rugby World Cup year when green and gold were everywhere, so after roughly 100 emails they found a supplier and started their own brand, Old School SA. Six years on, Old School holds official partnerships and licences with the Springboks, Orlando Pirates, Kaizer Chiefs, Manchester City and the NBA, and operates branded stores across the country. With Bafana Bafana back at the Football World Cup for the first time in 16 years, Old School is now the official supporters’ brand, and their Bafana kit has become so popular that, as Stef Steinmann puts it, “people are sleeping in their jerseys.” In an interview with BizNews, he reflects on their journey and the brother dynamic, how Daneel knocks on doors “making promises” while Stef makes sure those promises are kept, a balance that works. Daneel is already on the ground with Bafana Bafana in Mexico, where they played their first match, while Stef, delayed by a visa issue, is holding the fort in South Africa. What does he attribute their meteoric success to? Uniting people behind the teams they love, because people tend to remember who they were with during the big sporting moments more than the match itself. - Linda van Tilburg
June 12, 202615 min
BN Daybreak - Fri 12 June 2026: Trump halts Iran strikes; SA's overlooked gold fortune; PA surge; World Cup fees
In today's BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran.
In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune.
Finally, we highlight Adobe’s executive shakeup amid strong AI product demand and rising concerns that steep ticket prices are excluding ordinary soccer fans from the 2026 FIFA World Cup.
June 11, 202637 min
Mayor first, party leader second: Geordin Hill-Lewis on why Cape Town beats a cabinet seat
Geordin Hill-Lewis says he has the best job in South African politics - and he's not giving it up. The DA leader explains why he's staying on as Cape Town mayor, tackles criticism of DA ministers, outlines bold plans to build a city detective branch, and shares his vision for expanding the party nationally. From crime and governance to coalition politics and election strategy, Hill-Lewis offers a candid assessment of South Africa's challenges - and the opportunities he believes lie ahead.
June 11, 202619 min
The Daily Edge: Gold at $4,100 and SA is sitting on a fortune it can't see
Alec Hogg opens with a thesis from Merrill Lynch veteran Dr. Duarte de Silva: South Africa's abandoned gold mines and tailings dumps — written off at $300–$800/oz — are generating margins above $3,000 per ounce at today's prices. The Witwatersrand Basin still holds as much gold as has ever been extracted from it. Yet exploration spend has collapsed 95% from its 2006 peak. On the JSE: Wesizwe Platinum surges 90% as its year-long trading suspension lifts; Pan African drifts lower despite a sound Australian acquisition; Fortress Real Estate impresses on logistics; Alexander Forbes delivers flat earnings on strong revenue; and Bell Equipment executes a textbook CEO handover. Globally: the ECB raises rates, Belfast burns, and OpenAI flags Chinese disinformation targeting US data centres.
June 11, 202613 min
Wayne Sussman - Gayton’s PA continues “weakening” the DA & the ANC (and all the mayoral dramas)
In the latest Electoral Road Show with Chris Steyn, Elections Analyst Wayne Sussman describes how Gayton MacKenzie’s Patriotic Alliance (PA) is continuing to march onwards and upwards “weakening” both the Democratic Alliance (DA) and the African National Congress (ANC) in the Western Cape. In the latest by-election, the PA won 53% of the vote in Malmesbury Wesbank. “This used to be the safest DA municipality in the country. And in 2024, the Patriotic Alliance burst through that wall by winning the seat off the DA.” Sussman also comments on GOOD and Rise Mzansi joining forces behind mayoral hopeful Brett Herron; the ANC’s elevation of Dada Morero to intervention convener for Gauteng’s troubled municipalities; the late President Nelson Mandela's grandson Mandla eyeing a mayoral chain in the Eastern Cape; and Buffalo City Mayor Princess Faku coming under fire for taking officials on overseas trips to China and Germany while the municipality is struggling financially. “Next week we have two Buffalo City by-elections…It'll be interesting to see whether this issue, this debacle, hurts the ANC because both of the seats are ANC seats.”
June 11, 202615 min
BN Daybreak - Thu 11 June 2026: US-Iran clashes spurn inflation; SA Cops threatened; Spar rallies
In today's BizNews Daybreak: Oil spikes after the US military launched retaliatory strikes on Iran, pushing May US inflation to a three-year high of 4.2%.
Meanwhile, Oracle shares dipped 6% over cloud capex fears, Bill Gates testified on Capitol Hill regarding Jeffrey Epstein, and SpaceX's historic IPO drew $250 billion in institutional demand.
Locally, explosive leaked chats reveal top South African cops threatening activist Yusuf Abramjee, gun owners fight the Firearms Control Amendment bill, and Spar SA shares surprisingly rose despite obliterated profits.
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