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

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. .Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.If you prefer WhatsApp for updates, sign up to the BizNews channel here..Watch here.Listen here

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

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