BN Daybreak: Bafana Bafana makes history, Phala Phala updates, and the AI chip boom

Loading player...
South Africa made World Cup history as Bafana Bafana beat South Korea to reach the knockout stages for the first time ever. Oil slides for a fourth straight session on Iran deal oversupply, and Micron surges 11% on AI chip demand. The bigger question hanging over the morning: what has President Ramaphosa still not told South Africa about the Phala Phala money - and can the truth stay hidden?
24 Jun 11PM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min

The BizNews Edge: Economic warnings flash; Corporate giants mispriced; SpaceX tumbles

We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater’s debt-free gold business despite solid restructuring plans. We also highlight Attacq’s resilient property portfolio and Steenkamp Kraal’s historic rare earth…
23 Jun 6AM 13 min