Old Mutual suffers major loss; Tesla to sell $5bn of shares; Ecsponent; Eskom

In today's BizNews Daybreak: A fragile two-week ceasefire between the US and Iran faces immediate strain as conflicting reports emerge regarding shipping in the Strait of Hormuz and the exclusion of Hezbollah from the deal. Meanwhile, President Trump has voiced sharp criticism of NATO’s performance during the conflict. Locally, concerns…

Donald MacKay pulls back the curtain on 40 "slush funds" draining billions from South African taxpayers without oversight. From the opaque Black Industrialists Fund to the staggering R43 billion automotive subsidy, MacKay reveals why a Mercedes-Benz costs R300,000 more at home than in Manhattan. Discover how decentralisation, the BRICS alliance,…

In this interview with Chris Steyn, Garth Brook, the founder of River Rangers in Clarens, details his five-year battle with the Public Protector to ensure outstanding salaries are paid for a community-based programme that - at its height - employed over 180 people in one of the country’s most poverty-stricken…

Pietermaritzburg stands at a crossroads. Melanie Veness paints a stark picture of governance failure, economic strain, and post-riot trauma - yet resilience runs deep. From crumbling infrastructure to bold private-sector action, the city’s future hinges on leadership, accountability, and smart investment. As political uncertainty looms in KZN, the stakes couldn’t…

In today's BizNews Daybreak: President Trump agrees to a two-week ceasefire with Iran in exchange for reopening the Strait of Hormuz, delaying planned military strikes to allow for further negotiations. Meanwhile, South Africa implements the Public Service Amendment Act to professionalise administration and curb political "cadre deployment". Plus, Ian Cameron…