BN Daybreak - Mon 20 April 2026: US-Iran ship seizure, BEE policy under fire, and SA’s housing backlog solutions

Loading player...
In today's BizNews Daybreak, tensions reach a breaking point as the US Navy seizes an Iranian vessel, threatening a fragile ceasefire set to expire Tuesday. While global markets remain resilient with the S&P 500 hitting record highs, the UAE is seeking a financial backstop to prevent economic contagion. Plus, Solidarity’s Dirk Hermann discusses the "perfect storm" facing South Africa’s BEE policy, and architect Wandile Mthiyane argues that decentralized strategies are the key to solving the nation's 2.5 million home backlog.
20 Apr 12AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Mini-budget unpacked, with Finance Minister Enoch Godongwana

Two days after telling Parliament that South Africa had emerged from the fiscal wilderness, Finance Minister Enoch Godongwana gave up part of his weekend to explain what that did and didn't mean. He conceded the tax burden had reached levels no finance minister should be comfortable with, and that growth…
25 Oct 9AM 20 min

BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries…
23 Oct 8AM 37 min

BN Edge | Donald MacKay unpacks the bureaucratic black hole in SA trade

A tariff investigation in South Africa is meant to take six months. Donald MacKay, whose XA Global Trade Advisors released its latest import duty report this week, told Alec Hogg the average had stretched to 40 months, and that the oldest open case was old enough to start school. He…
23 Oct 7AM 24 min