BN Daybreak - Tue 19 May 2026: Hersov slams Ramaphosa; Musk OpenAI loss; Nvidia China hopes; SAPS corruption cleanup

Loading player...
Today’s BizNews Daybreak covers the latest global and local shifts, beginning with President Trump delaying an impending strike on Iran following appeals from Persian Gulf allies.

In tech news, a jury has swiftly dismissed Elon Musk’s high-profile lawsuit against OpenAI on a statute of limitations technicality.

Turning to South Africa, entrepreneur Rob Hersov delivers a blunt assessment of the country's political future, arguing the business community is desperate for Cyril Ramaphosa to stay out of fear of a radical successor, while declaring the ANC "as good as gone".

Finally, we unpack why top law firms are legally fighting aggressive new BEE ownership codes, and Action Society breaks down whether the latest high-profile arrests signal a genuine cleanup within the South African Police Service.
18 May 11PM English South Africa Investing · Business News

Other recent episodes

Jasmine Opperman: Hamas-SA: 14 Bitcoin wallets

In this week’s NdB Sunday Show, intelligence analyst Jasmine Opperman of Fulcrum Analytics, reveals to Chris Steyn that there are 14 active cryptocurrency wallets linked to Hamas in South Africa. “We know that Hamas has offices in South Africa. We know that they allowed freedom to move…And that there are…
13 Sep 7AM 18 min

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min