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

BN Daybreak: NPA drops police charges; Burke defends crypto fintech; US markets bounce back

Loading player...

In today's episode, the NPA formally drops corruption charges against high-ranking police officers following unravelling testimony at the Madlanga Commission. Meanwhile, an MP breaks his silence on his fintech, Kastelo, explaining its cryptocurrency arbitrage model and denying accusations of siphoning money out of South Africa. Finally, we cover Wall Street's latest moves, where strong US services data and a surging Robinhood offset manufacturing slowdowns.

23 Aug 11PM English South Africa Investing · Business News

Other recent episodes

The NdB Sunday Show: Jonathan Deal - “Snake oil” Fadiel & the villainous plotters unmasked…

“Oily, sneaky. I think if he was in the Wild West in America, he would make a very good snake oil salesman.” That is the verdict by Safe Citizen Founder Jonathan Deal on suspended MP Fadiel Adams testimony before the Madlanga Commission of Inquiry. In Deal’s latest appearance on the…

23 Aug 6AM 20 min

Fire and Glory: Chad le Clos and dad Bert on 21 medals, Sea Point blaze and the road to LA 2028

South African swimming legend Chad le Clos has made history, becoming the most decorated athlete in Commonwealth Games history with 21 medals., In this interview with Biznews, Chad and his father, Bert, reflect on a nine-year quest to reach this milestone, which is a journey Chad says ranks alongside his…

21 Aug 3AM 17 min

Mark Burke breaks his silence on the Kastelo storm: “The ANC will not succeed”

Mark Burke discusses Kastelo’s regulatory dispute with the South African Reserve Bank, explaining the company’s compliance processes, client mandates, offshore investment transactions and decision to halt operations amid the blocking order. He also addresses the political fallout, media coverage and his decision to step back from the DA’s finance cluster…

21 Aug 6AM 45 min

BNC#9 | Hans Hawinkels: He made the "best deal in history," and Naspers still got rid of him

He spent three months convincing two reluctant shareholders to sell. He drove across the Hong Kong border in a train packed "like sardines" to negotiate with four young founders through an interpreter. He talked Naspers into betting $32 million it barely had on a loss-making Chinese chat app called QQ…

20 Aug 8AM 45 min

BNC#9 | Bernard Mostert: Steinhoff turned his R3.2bn payout to nought. He still waits for answers.

Ten years ago this month, Bernard Mostert and Braam van Huyssteen signed away their shoe empire for R3.2 billion in Steinhoff shares. Within eighteen months those shares were worth almost nothing, and the men who bought Tekkie Town had walked South Africa into its biggest corporate fraud. In this fireside…

20 Aug 4AM 58 min

All episodes