BN Daybreak - Tue 19 May 2026: Hersov slams Ramaphosa; Musk OpenAI loss; Nvidia China hopes; SAPS corruption cleanup

BN Daybreak - Tue 19 May 2026: Hersov slams Ramaphosa; Musk OpenAI loss; Nvidia China hopes; SAPS corruption cleanup

Author: BizNews May 19, 2026 Duration: 14:17
Today’s BizNews Daybreak covers the latest global and local shifts, beginning with President Trump delaying an impending strike on Iran following appeals from Persian Gulf allies. In tech news, a jury has swiftly dismissed Elon Musk’s high-profile lawsuit against OpenAI on a statute of limitations technicality. Turning to South Africa, entrepreneur Rob Hersov delivers a blunt assessment of the country's political future, arguing the business community is desperate for Cyril Ramaphosa to stay out of fear of a radical successor, while declaring the ANC "as good as gone". Finally, we unpack why top law firms are legally fighting aggressive new BEE ownership codes, and Action Society breaks down whether the latest high-profile arrests signal a genuine cleanup within the South African Police Service.

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…