BizNews Briefing - US Election; Sibanye surges; Eskom price hike; Water crisis; Altron top SA stock

In today's BizNews Daybreak, we look at the "Magnificent Seven's" earnings, where Amazon’s cloud growth shines despite heavy AI spending. Anthropic weighs a massive valuation leap to $90 billion, while Fed Chair Jay Powell commits to his term amid a controversial building investigation. Economist Iraj Abedian provides a harrowing look…

Economist Iraj Abedian delivers a stark, insider view of Iran’s deepening crisis - economic collapse, internal power struggles, and rising global tensions. As conflict reshapes alliances, he warns of unpredictable fallout and missed opportunities. With sharp insight, Abedian connects the dots to South Africa, urging urgent policy reset to navigate…

The United Kingdom remains a stable and attractive property investment destination for South Africans, says Mikayla Morkel-Brink from immigration specialists Sable International. She explained to Biznews in an interview that rental demand is driven by a chronic undersupply of housing and consistently high tenant demand. For South Africans, the appeal…

In today's edition of BizNews Daybreak, we dive into President Trump’s strategic move to sustain an economic blockade on Iran over military alternatives. The global market faces further upheaval as the UAE announces its departure from OPEC following decades of membership. Meanwhile, King Charles III delivers a historic address to…

Is South Africa about to repeat its most expensive infrastructure mistakes? Ten years after a corruption-laden Russia/Zuma initiative was shelved, the controversial proposal for a nuclear power plant at Thyspunt near St Francis is back on the table. Communities in the Eastern Cape are sounding the alarm at a siting…