BizNews Radio

From loadshedding electricity to load shifting water…The water supply crisis in many parts of South Africa against the background of the threat of global water bankruptcy - and the upcoming Local Government Elections is the topic of Chris Steyn’s interview with Stephen Moore, the Democratic Alliance's spokesperson on Water and Sanitation. He describes how protests by long suffering residents have “really actually have galvanised” national government. “So we're seeing a response to the protests, which is which is key. But the honest truth is if nothing happens again, the next summer we're going to have this exact same thing…If we start having water outages in September, October, this issue is going to be the issue of the election.” Moore urges for budgets to be put in place “that are going to fix this, that are going to enable teams to handle this and start turning things around”. Meanwhile, the urges the public to keep up the pressure “because in an election year, maybe we can convince people that the unsexy infrastructure maintenance is the most important thing”.

In today’s premium briefing, we dive into why the "rich getting richer" narrative fails when viewed on a post-tax basis and why entrepreneurs are reaching a breaking point with global tax hikes. Alec also explores the long-term reality of the AI revolution and a significant shift in South African monetary policy that could see the end of the traditional prime overdraft rate by 2027.

Frans Cronje analyses the DA's high-stakes future following John Steenhuisen’s exit; Patrice Motsepe retires as ARM executive chair; and the WeBuyCars founders move to take RMBH private. Plus, Telkom and AECI surge on turnaround results, the final chapter for Tongaat Hulett, and how an obscure AI white paper triggered a massive sell-off in US logistics stocks.