BN Briefing: SA’s White House flop - 30% tariff set, Mkhwanazi opens Pandora's box, Musk vs Trump

Loading player...
In today's BizNews Briefing, South Africa faces a 30% US tariff, among 14 countries, despite President Ramaphosa’s claims of a successful White House meeting. Plus a potential BRICS surcharge. Joel Pollak told BizNews’ Alec Hogg that tensions stem from South Africa’s land reform policies and its ICJ case against Israel, fueling US perceptions of anti-Americanism. A proposed US bill threatens aid freezes and Global Magnitsky Act sanctions to pressure Pretoria’s foreign policy. The DA’s Ian Cameron demands that Ramaphosa address Police Commissioner Mkhwanazi’s allegations, highlighting a national security crisis. Meanwhile, Elon Musk’s “America Party” proposal raises questions about his rift with Trump, potentially impacting Tesla shareholders further. This, as US markets continue to breach record levels.
8 Jul 2025 7AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: US Ambassador Bozell's BNC#8 warning; Yardeni's $6,000 Gold call; Sean Peche's wealth-building wisdom

Tonight’s BizNews Briefing opens with new US Ambassador Brent Bozell’s candid message from BNC#8, urging reciprocity and warning that policy uncertainty and geopolitical alignment choices shape investor confidence. We then run through a results-heavy market update led by Harmony, Rainbow Chicken and OUTsurance. Bloomberg follows with Ed Yardeni’s bullish gold…
11 Mar 10AM 10 min