BN Daybreak - Mon 1 June 2026: Oil Climbs; SpaceX IPO frenzy; BEE critiques; Chelsea Flower show Gold

Loading player...
In today's BizNews Daybreak: Global energy markets watch closely as Brent crude climbs back past $93 a barrel amid a tense US-Iran stalemate over the Strait of Hormuz. Meanwhile, global investors rush into funds ahead of a massive, AI-linked SpaceX IPO.

Businessman Sam Montši critiques BEE implementation, calling for unity over forced division.

Finally, designer Leon Kluge overcomes severe weather to secure gold at the Chelsea Flower Show.
31 May 11PM English South Africa Investing · Business News

Other recent episodes

Herman Mashaba on Johannesburg's bankruptcy and his Mayoral comeback

ActionSA president Herman Mashaba reveals what Johannesburg's current mayor told him in a private phone call about why the city can't pay its bills. He also breaks down the Cape Town mayoral race, the anti-immigrant protests spreading across South Africa, and why he won't speak to Helen Zille directly. With…
6 Jul 6AM 24 min

BizNews Edge: Chery's new Rosslyn plant and the R40bn car subsidy bill

Chery just took over Nissan's old Eastern Cape plant, plugging straight into a subsidy scheme that costs South Africans over R40 billion a year, split between just seven manufacturers. Trade expert Donald MacKay tells Alec Hogg why this isn't a normal acquisition, and how the deal appears to sidestep a…
6 Jul 7AM 28 min

BN Daybreak: NATO Summit tension; AI stocks slump; Zuma’s Gupta meeting

Kyiv faces fresh Russian missile strikes ahead of the NATO summit in Turkey, while tensions linger following the death of Iran's Supreme Leader. Meanwhile, OPEC+ quotas drop oil prices, Alibaba blocks a US blacklist order, and investors fret over an AI chip stock pullback. Locally, Jacob Zuma's Gupta meeting and…
5 Jul 11PM 16 min