David Shapiro: Unpacking Steinhoff; Naspers in New York; and prospects for 2018

This interview tells the cautionary story of a South African victim who lost over R24,000 after being drawn into a sophisticated online trading scam run through a platform called FXSI. What began with a convincing video advert and seemingly professional “account managers” quickly turned into a high-pressure scheme, with the…

In this episode of Boardroom Talk, BizNews editor Alec Hogg unpacks a blockbuster night for global tech investors, with Alphabet, Meta and Amazon all reporting quarterly results. Held in the BizNews Ricardo US dollar portfolio, the three tech titans reveal how artificial intelligence has shifted from promise to hard infrastructure…

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…