BizNews Briefing - FT on how world sees SA; Arcelor Mittal's CEO; Cornelius Zeeman; Big Tech stocks

State-owned Denel is “standing naked in the US courts” after being sued by a US company for non-delivery of jets. Armscor is “struggling”. The SA defence sector is “in tatters”. The SANDF is “rudderless…and in free fall”. Such is the crisis in the Defence Force that Chris Hattingh, the Democratic…

In Today's BizNews Briefing, South Africa’s “Boere Buffett” Jannie Mouton leaves a R7bn legacy by turning Curro into a non-profit. Tshwane’s corruption scandals deepen as Cilliers Brink speaks out, while Denel’s mismanagement haunts taxpayers. Peter Major unpacks gold’s explosive run, the FT highlights Bitcoin’s role in collapsing Venezuela, and corporate…

Studying abroad is becoming more complex for South African students as visa rules tighten, and compliance thresholds rise. Brent Morris from Sable International told BizNews that UK institutions now risk losing their licence to sponsor international students if over 5% of visa applications are rejected. He said, while the UK…

In a landmark act of philanthropy, “Boere Buffett” Jannie Mouton’s foundation is buying out Curro’s minority shareholders for R7.2 billion, converting the 189-school group into a non-profit. The Jannie Mouton Foundation will own Curro outright, reinvesting all profits into bursaries and new schools for underprivileged children. It’s the biggest private…

In this episode of Miningweb Weekly, Peter Major discusses the resurgence of global mining, the impact of critical minerals, and South Africa's complex investment climate. From Rio Tinto’s exit plans to potash's new strategic status, Major offers sharp insights into the forces shaping the sector - and why now might…