BN Briefing: SA’s White House flop - 30% tariff set, Mkhwanazi opens Pandora's box, Musk vs Trump

Loading player...
In today's BizNews Briefing, South Africa faces a 30% US tariff, among 14 countries, despite President Ramaphosa’s claims of a successful White House meeting. Plus a potential BRICS surcharge. Joel Pollak told BizNews’ Alec Hogg that tensions stem from South Africa’s land reform policies and its ICJ case against Israel, fueling US perceptions of anti-Americanism. A proposed US bill threatens aid freezes and Global Magnitsky Act sanctions to pressure Pretoria’s foreign policy. The DA’s Ian Cameron demands that Ramaphosa address Police Commissioner Mkhwanazi’s allegations, highlighting a national security crisis. Meanwhile, Elon Musk’s “America Party” proposal raises questions about his rift with Trump, potentially impacting Tesla shareholders further. This, as US markets continue to breach record levels.
8 Jul 2025 7AM English South Africa Investing · Business News

Other recent episodes

Khulu Radebe - There is a “New Animal” in Sasolburg

A new political party has entered the electoral landscape. In this interview with Chris Steyn, co-founder Khulu Radebe describes how The Service Movement for Metsimaholo (SMM) emerged from years of grassroots civic work carried out under the banner of the Metsimaholo Stakeholders Forum (MSF), a non-profit organisation founded in 201&,…
14 Apr 6AM 16 min

BN Daybreak - Tue 14 Apr 2026: New DA Leader outlines vision; SA energy gap; Knysna on the brink; Hungary election

In today's BizNews Daybreak: The US and Iran are seeking a fresh round of face-to-face negotiations in Islamabad to secure a long-term ceasefire before current agreements expire. In tech, Amazon is in advanced talks to acquire Globalstar, potentially accelerating its satellite network competition with SpaceX. Internationally, Peter Magyar’s landslide victory…
14 Apr 12AM 19 min