This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

BN Daybreak - Thu 18 June 2026: Fed holds rates; SA Cabinet shifts; SpaceX valuation; Gold potential

Loading player...

Today's Daybreak covers the landmark US-Iran peace deal and the Federal Reserve's unanimous decision to hold interest rates steady.

Alec Hogg analyses DA leader Geordin Hill-Lewis's strategic cabinet demotion of Agriculture Minister John Steenhuisen.

We also unpack SpaceX's massive $2.52 trillion IPO valuation, the Western Cape's expanding provincial policing powers, and South Africa's missed exploration opportunities despite holding the world’s largest remaining gold endowment.

17 Jun 11PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Ramaphosa impeachment risk; Sasol's boom; China's Kimi K3 AI model; Trump tariffs

In today's Daybreak, we unpack the growing impeachment momentum against President Ramaphosa and its potential threat to the government of national unity. We also dive into Sasol's operational rebound, highlighted by Secunda's best production run in five years. Globally, we explore Trump's proposed generic drug tariffs, a chipmaker-led market rally,…

21 Jul 11PM 15 min

Director's Cut: James Gubb - history of manias guides how to profit from AI revolution

Former hedge fund manager and CFA James Gubb argues the AI boom is real, but many investors are backing the wrong winners. In this interview with Alec Hogg, he explains why Oracle's credit downgrade could signal deeper cracks, why OpenAI and hyperscalers face mounting pressure, how China's AI advances are…

21 Jul 11AM 41 min

BizNews Edge: Rate hike coming; Gubb on winning from AI mania, Sasol, Nedbank, Kumba

Veteran investor James Gubb joins BizNews Edge to cut through the AI hype, weighing today's data centre spending against history's biggest capital booms and explaining why he's backing energy and nuclear stocks over AI names themselves. Also on today's show: Sasol's operational turnaround continues even as its share price cools…

21 Jul 10AM 26 min

Ramaphosa impeachment would cause big fractures in the GNU

In this interview with Chris Steyn, Independent Governance Expert Richard Chelin predicts that an impeachment of President Cyril Ramaphosa would have grave consequences for the Government of National Unity (GNU) - particularly in the light of Vice President Paul Mashatile’s keenness to work with parties other than the Democratic Alliance…

21 Jul 6AM 21 min

BN Daybreak: Police generals' R3.6 bn salary bill; AGOA reforms; Andy Burnham; DA governance

In this episode of BizNews Daybreak, we cover global strikes in the US-Iran conflict, Red Sea shipping risks, Paramount's blocked merger, and new UK Prime Minister Andy Burnham. Locally, Parliament's Ian Cameron questions SAPS's R3.6bn senior leadership salary bill, Mayor Chris Pappas highlights uMngeni's governance model, Russell Lamberti proposes subnational…

21 Jul 12AM 13 min

All episodes