BN Daybreak - Fri 15 May 2026: Trump-Xi summit; Apple vs OpenAI; SA elections; institutional ethics

BN Daybreak - Fri 15 May 2026: Trump-Xi summit; Apple vs OpenAI; SA elections; institutional ethics

Author: BizNews May 15, 2026 Duration: 16:34
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.

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Author: Language: English Episodes: 100

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Joburg audit setback exposes R9.5bn bad debt burden [not-audio_url] [/not-audio_url]

Duration: 7:52
Johannesburg’s financial crisis is deepening, with the Auditor-General revealing R9.5 billion in losses driven largely by electricity theft, water leaks and weak governance. An infrastructure backlog now estimated at R20…