This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

BN Daybreak: US strikes on Iran lift oil; NATO deals, SA auto subsidy; Farage quits

Loading player...

In today’s episode, we cover the surge in oil prices following US airstrikes on Iran. We also review $50 billion in new defense deals from the NATO summit in Turkey. Locally, experts unpack the DA’s internal credibility crisis and controversial cabinet appointments, alongside the reality of South Africa's R40 billion automotive subsidy program amid Chery’s plant takeover. Finally, we look at Nigel Farage forcing a by-election by resigning as the Clacton MP.

7 Jul 11PM English South Africa Investing · Business News

Other recent episodes

Director's Cut - John Endres: Why SA's growth story still isn't landing — and what would change that

In this Director's Cut of BizNews editor Alec Hogg's conversation with IRR CEO John Endres, the full, unedited exchange goes well beyond BEE and the diaspora. Endres unpacks why R1.8 trillion in corporate reserves and R1.5 trillion parked offshore still isn't flowing home, why Washington's frustration with Pretoria is bipartisan…

13 Jul 6AM 34 min

BizNews Edge: Why the IRR's John Endres is more bullish on SA than Britain

John Endres, CEO of the Institute for Race Relations, tells BizNews that the elite consensus defending BEE is cracking, even as its beneficiaries defend it loudest. He points to the Starlink saga - blocked partly over empowerment shareholding while a pricier, slower rival wins state favour - as proof the…

13 Jul 8AM 24 min

BN Daybreak: US Strikes on Iran; Teen mall bomb plot; Springbok ticket anger hit SA

As fresh American strikes on Iran trigger sirens in Bahrain, global traders are left asking whether the world's most vital oil chokepoint is still open for business. Congressman Greg Stanton warns of surging fuel prices and a war with no clear endgame, new Fed Chair Kevin Warsh heads to Capitol…

12 Jul 11PM 13 min

A world-first: the bond that pays out when nature wins

In this BizNews interview, Irakli Rekhviashvili sits down with the three people behind FirstRand's R2.5 billion Cape Water Performance-Based Bond, the first time a commercial bank anywhere in the world has tied a bond's payout to nature. The Nature Conservancy's Louise Stafford traces it to 2018, when Cape Town's dams…

12 Jul 8AM 15 min

The NdB Sunday Show - Willem Els: The deadly recipe of the Ballito bomb boy…

In this edition of NdB Sunday Show with Chris Steyn, explosives expert Willem Els of the Institute for Security Studies (ISS) reveals just how deadly a bomb-making recipe was used by the 15-year-old boy who wanted to commit mass killing at a Ballito mall. “what was really alarming for me…

12 Jul 6AM 18 min

All episodes