BN Daybreak - Thu 28 May 2026: Hormuz deal contradictions; US rate hikes; SA political & farming crises

BN Daybreak - Thu 28 May 2026: Hormuz deal contradictions; US rate hikes; SA political & farming crises

Author: BizNews May 28, 2026 Duration: 12:54
In today's BizNews Daybreak, we cover mixed signals regarding a US-Iran deal, defensive airstrikes in Bandar Abbas, and escalating Israeli operations against Hezbollah. In corporate news, Snowflake’s stock surges 35% on an AWS partnership, while Fed Governor Lisa Cook warns of potential interest rate hikes. Locally, political commentator Solly Moeng breaks down the impeachment pressure facing President Ramaphosa, and SAAI CEO Francois Rossouw discusses potential massive damages claims against Agriculture Minister John Steenhuisen over livestock vaccines. Finally, strategist Edward Yardeni breaks down the S&P 500's "fabulous earnings momentum" and the scarcity of buying the dip.

Tune into BizNews Radio for direct conversations with the people shaping markets and ideas. Hosted by BizNews, each episode sits down with a distinct voice-be it a pioneering entrepreneur from Johannesburg, a policy analyst in London, or an investor in New York-to unpack the stories behind the headlines. You’ll hear unfiltered perspectives on economic shifts, technological disruptions, and the strategic decisions driving companies forward. This isn’t about rehearsed soundbites; it’s a chance to listen as seasoned thought leaders and accomplished business people discuss their successes, their failures, and what they see coming next. The discussions are grounded, detailed, and always aimed at providing context that goes beyond the daily news cycle. For anyone curious about the forces influencing commerce and society, this podcast offers a valuable front-row seat to genuine insight. Find BizNews Radio wherever you get your podcasts.
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…