BN Briefing: Mkhwanazi on SA's Big Five cartel, Sibanye's new CEO and Nvidia's AI bet

Loading player...
In today's briefing, Lieutenant General Mkhwanazi faces parliament, naming two of the alleged 'Big Five' behind the country's drug cartels and revealing the other three are well-known 'tenderpreneurs'. From the Joburg Indaba, Sibanye-Stillwater's new CEO, Richard Stewart, discusses the mining industry's challenges and the vast opportunities awaiting South Africa if it can provide regulatory certainty. Globally, tech giant Nvidia is reportedly set to invest up to $2 billion in Elon Musk's AI venture, xAI, which is now seeking to raise $20 billion. Plus, Cristiano Ronaldo makes history as the first footballer to become a billionaire, with his net worth climbing to $1.4 billion.
9 Oct 2025 7AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE

To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the…
13 Nov 6AM 28 min