BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Loading player...
Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword for discount and drift, has delivered full-year results that show a genuine turnaround — every regional ecosystem now profitable, Takealot breaking even for the first time, and a buyback programme outpacing Meta and Apple. And then the story Alec Hogg has been building toward for months: Malcolm King, the invisible man behind the Steinhoff fraud, found dead in a Cotswolds village — poisoned by a Romanian sex worker — before justice could reach him. The Reserve Bank reckoning rolls on. This one is worth your full attention.
29 Jun 8AM 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