This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

BN Daybreak - Thu 18 June 2026: Fed holds rates; SA Cabinet shifts; SpaceX valuation; Gold potential

Loading player...

Today's Daybreak covers the landmark US-Iran peace deal and the Federal Reserve's unanimous decision to hold interest rates steady.

Alec Hogg analyses DA leader Geordin Hill-Lewis's strategic cabinet demotion of Agriculture Minister John Steenhuisen.

We also unpack SpaceX's massive $2.52 trillion IPO valuation, the Western Cape's expanding provincial policing powers, and South Africa's missed exploration opportunities despite holding the world’s largest remaining gold endowment.

17 Jun 11PM English South Africa Investing · Business News

Other recent episodes

Bafana Bafana's moment of truth: Every path to the World Cup knockouts — and how likely each one is

Bafana Bafana are one result away from making World Cup history — but the path to the Round of 32 is complicated. With one point from two games and South Korea standing in their way on Thursday morning (3 AM SA time), Hugo Broos' men still have multiple routes through…

24 Jun 10AM 13 min

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…

24 Jun 8AM 26 min

BN Daybreak: SA rare earth breakthrough; Three politicians killed; Chip stocks tumble

Three politicians - an ANC councilor and two aspirants from rival parties - were gunned down in a single evening as South Africa's 2026 election year turns violent, and a commentator warns the worst may still be ahead. Steenkamp Kraal's rare earth processing milestone gives the West its clearest shot…

23 Jun 11PM 13 min

Solly Moeng: Phala Phala “protection” for CR, spate of political killings, and why I left ActionSA

Election year 2026 is turning deadly and dirty. In his latest interview with Chris Steyn, political commentator Solly Moeng slams the Speaker of Parliament for not opposing President Cyril Ramaphosa's urgent bid to stave off his impeachment inquiry. “I for one should not be surprised if the Speaker would have…

23 Jun 6AM 17 min

The BizNews Edge: Economic warnings flash; Corporate giants mispriced; SpaceX tumbles

We explore a toughening economic climate as South African consumer confidence drops and central bank indicators flash red. Discover why the market is blindly punishing value, dragging down Sibanye Stillwater’s debt-free gold business despite solid restructuring plans. We also highlight Attacq’s resilient property portfolio and Steenkamp Kraal’s historic rare earth…

23 Jun 6AM 13 min

All episodes