https://www.biznews.com/sa-investing/masondo-faces-removal-as-pic-board-chair https://media.assettype.com/biznews/2026-01-09/fpzih4jx/444885230.jpg David Masondo, South Africa's deputy finance minister biznews en 2026-07-22T13:42:44.604Z Deputy finance minister Masondo faces removal as PIC board chair amid governance crisis David Masondo, PIC, Pension, Treasury, Godongwana, Public Investment Fund https://www.biznews.com/sponsored/7-common-tax-mistakes-avoid https://media.assettype.com/biznews/import/wp-content/uploads/2024/11/gh-04-nov-.png https://media.assettype.com/biznews/2026-07-21/17kygulf/SableBizNews728x90July2026.gif https://media.assettype.com/biznews/2026-07-21/4cbx6ftf/SableBizNews728x90July2026.gif biznews en 2026-07-22T13:34:47.854Z Returning to South Africa? 7 common tax mistakes to avoid South Africa, SARS tax, Expat tax advice, Double Taxation Agreement, Offshore investments, Sable International https://www.biznews.com/global-citizen/wikipedias-israel-zionism-pages-captured https://media.assettype.com/biznews/2025-10-02/0k3w8dpw/441104720.jpg US President Donald Trump, right, and Benjamin Netanyahu, Israel's prime minister, shake hands. biznews en 2026-07-22T13:33:49.921Z Ilan Preskovsky: Wikipedia's Israel and Zionism pages are ideologically captured Ilan Preskovsky, Israel, Palestine, Middle East https://www.biznews.com/world-view/world-trusts-china-more-america https://media.assettype.com/biznews/2025-09-03/y1w6yh38/439172951.jpg Xi Jinping, China's president biznews en 2026-07-22T13:24:06.868Z FT's Edward Luce: The world now trusts China more than America China, America, USA, Trump, Xi, Geopolitics https://www.biznews.com/global-investing/trumps-war-higher-global-interest-rates https://media.assettype.com/biznews/2026-07-22/wlet0jf3/459985785.jpg U.S. Sailors prepare to stage ordnance on the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln. https://media.assettype.com/biznews/2026-07-22/1ek9v6mm/459836085.png https://media.assettype.com/biznews/2026-07-22/auuvwbm2/459854389.png https://media.assettype.com/biznews/2026-07-22/4xjmm4zd/455980356.jpg Kevin Warsh https://media.assettype.com/biznews/2026-07-22/kfqrlhvs/459691142.png https://media.assettype.com/biznews/2026-07-22/ryfz6ssu/459762544.png https://media.assettype.com/biznews/2026-07-22/ik29hmza/397013479.jpg Kazuo Ueda https://media.assettype.com/biznews/2026-07-22/3qk93cyg/366667873.jpg Andrew Bailey https://media.assettype.com/biznews/2026-07-22/inxous2k/459670563.png https://media.assettype.com/biznews/2026-07-22/viyolh4s/458838222.png https://media.assettype.com/biznews/2026-07-22/i3m6mywr/422637005.jpg Sanjay Malhotra https://media.assettype.com/biznews/2026-07-22/jmm9g8zh/366667877.jpg Elvira Nabiullina https://media.assettype.com/biznews/2026-07-22/csv2rbfh/459760900.png https://media.assettype.com/biznews/2026-07-22/gsrgheo0/366667669.jpg Lesetja Kganyago https://media.assettype.com/biznews/2026-07-22/94d752hm/455980795.jpg Victoria Rodriguez Ceja https://media.assettype.com/biznews/2026-07-22/rz1tw082/366667799.jpg Perry Warjiyo https://media.assettype.com/biznews/2026-07-22/i53upaoh/402680852.jpg Michele Bullock https://media.assettype.com/biznews/2026-07-22/oszky8d4/459727803.png https://media.assettype.com/biznews/2026-07-22/iiqehigh/446012370.jpg Anna Breman https://media.assettype.com/biznews/2026-07-22/ej4gyevd/366779969.jpg Adam Glapinski biznews en 2026-07-22T13:16:18.152Z Why Trump's war in the Middle East means higher global interest rates for years to come Iran war, global rates, inflation, interest rates, central banks, SARB, South Africa, oil prices, Fed policy, ECB, monetary policy, markets https://www.biznews.com/the-daily-edge/biznews-edge-dr-iraj-abedian https://media.assettype.com/biznews/2026-07-22/0033fifj/1.jpg biznews en 2026-07-22T12:37:05.012Z BizNews Edge: Dr Iraj Abedian - Where SA fits in the Strait of Hormuz standoff BizNews Edge, Strait of Hormuz, Iraj Abedian, South Africa petrol price, Reserve Bank interest rate, Stats SA inflation, PIC boardroom battle, David Masondo, Enoch Godongwana, R.W. Johnson, Alec Hogg, BRICS Iran, MTN Iran https://www.biznews.com/global-investing/josé-antonio-ocampo-global-tax-negotiations https://media.assettype.com/biznews/2026-07-22/k522dov0/Untitled-design.png biznews en 2026-07-22T10:01:29.791Z José Antonio Ocampo on BizNews: The good, the bad, and the ugly in global tax negotiations José Antonio Ocampo, UN tax, global tax, tax reform, OECD, G20, South Africa, tax avoidance, multinationals, wealth tax, ICRICT, illicit flows, unitary tax https://www.biznews.com/rational-perspective/tim-flack-little-gun-free-lobby-couldnt https://media.assettype.com/biznews/2026-07-22/dmlxbvdo/GUN.png biznews en 2026-07-22T09:57:53.606Z Tim Flack: The little gun-free lobby that couldn't Gun Free SA, GFSA, gun control, firearm laws, SA crime, self defence, gun debate, SA politics, firearms bill, illegal guns, crime crisis, civil society https://www.biznews.com/boardroom-talk/rip-rw-johnson https://media.assettype.com/biznews/2026-07-22/b3epirrk/RW-JOHNSON-OBIT-169.png biznews en 2026-07-22T09:28:43.887Z Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart RW Johnson, South African politics, Alec Hogg, BizNews, Politics, Mandela, Verwoerd, Boardroom Talk, South Africa https://www.biznews.com/biznews-daybreak/bn-daybreak-260722 https://media.assettype.com/biznews/2026-07-22/novpd956/Thumbnail-1.jpg biznews en 2026-07-22T04:11:23.203Z BN Daybreak: Ramaphosa impeachment risk; Sasol's boom; China's Kimi K3 AI model; Trump tariffs BizNews Daybreak, Cyril Ramaphosa impeachment, Sasol production updates, US generic drug tariffs, Super Micro shares, Kimi K3 AI model, South Africa GNU, Middle East conflict, SA petrol prices, Semiconductor stock rally https://www.biznews.com/members-only/directors-cut-veteran-money-manager-james-gubb https://media.assettype.com/biznews/2026-07-21/ccm34qhi/DC-JAMES-GUBB.png biznews en 2026-07-21T16:47:11.666Z Director's Cut - Veteran money manager James Gubb: Oracle's shock downgrade signals the first crack in the AI bubble Artificial Intelligence, James Gubb, Data centre boom, AI technology markets, AI stocks https://www.biznews.com/the-daily-edge/james-gubb-cuts-through-ai-noise https://media.assettype.com/biznews/2026-07-21/3rzqfw3s/26.png biznews en 2026-07-21T14:43:25.538Z BizNews Edge: James Gubb cuts through the AI noise — how top investors are hedging the boom BizNews Edge, AI, AI Bubble, Anthropic, Google, ChatGPT, Tech, Amazon, Apple, X, Grok, ChatGPT , Investing, James Gubb, Investor Insights https://www.biznews.com/health/novos-cut-price-ozempic-lands-sa-rival-same https://media.assettype.com/biznews/2024-12-10/zuemfe2c/410942931_1024x683.jpg Vials on the Wegovy line at the Novo Nordisk A/S production facilities in Hillerod, Denmark biznews en 2026-07-21T13:39:51.299Z Novo's cut-price Ozempic alternative lands in SA - one day after rival clears same hurdle Ozempic, Extensior, semaglutide, Novo Nordisk, Wegovy, Mounjaro, SAHPRA, diabetes, obesity, GLP1, patent, generics https://www.biznews.com/good-hope-project/what-fruit-flies-can-teach-us https://media.assettype.com/biznews/2026-07-21/rgebj62u/Untitled-design-2026-07-21T134032.120.jpg biznews en 2026-07-21T12:50:48.483Z What fruit flies can teach us about the human brain Neuroscience, Brain Research, Learning and Memory, Addiction Research https://www.biznews.com/interviews/richard-chelin-cr-impeachment https://media.assettype.com/biznews/2026-07-21/o0gtr0lw/25.png biznews en 2026-07-21T12:50:20.794Z CR Impeachment would cause big fractures in the GNU: Richard Chelin Cyril Ramaphosa, Government of National Unity, Madlanga Commission, politics, State Capture, Richard Chelin https://www.biznews.com/miningweb/gold-mine-owners-windfall-funded-departure https://media.assettype.com/biznews/2026-02-01/lwzvmb8w/448739627.jpg A 10-ounce gold bar https://media.assettype.com/biznews/2026-07-21/66itbf1a/ExhibitTheWindfallEarningsChart.png Full-year earnings for the two South African majors roughly tripled between 2024 and 2025 as the gold price ran to records. The windfall is real; the question this paper asks is where it went. https://media.assettype.com/biznews/2026-07-21/0qgmsyss/ExhibitGoldFundsCopperJustifiesChart.png Gold miners are buying copper, and the acquisitions are climbing. The middle deal is the one that concerns this paper: Harmony, South Africa’s largest gold producer, reaching offshore for its copper. Deal values as announced; Eldorado’s figure converted from C$3.8bn. https://media.assettype.com/biznews/2026-07-21/09fjg4uo/ExhibitCTheVerdictTable.png The majors’ growth capital crosses oceans; the reinvestment in the reef is left to the retreatment operators. Earnings and market values are approximate and period-dependent. biznews en 2026-07-21T10:56:19.986Z Dr Duarte da Silva: SA gold mine owners’ windfall funded departure from Reef Dr Duarte da Silva, Gold, Gold Price, SA Mining, AngloGold, Gold Fields, Harmony Gold, Witwatersrand, Mining Boom, Copper, Mining Deals, SA Economy, Resource Sector https://www.biznews.com/investor-insights/retired-fund-managers-warning-on-ai-boom https://media.assettype.com/biznews/2025-10-16/l9rlksuk/AI-Bubble.png https://media.assettype.com/biznews/2026-07-21/80l9i908/image1.png Exhibit 1a. An unstable cake. Tier width is combined market capitalisation. https://media.assettype.com/biznews/2026-07-21/h5qvz0q6/image3.png Exhibit 1b. The open-weight bypass around the paid model layer. https://media.assettype.com/biznews/2026-07-21/50w2m936/image2.png Exhibit 1c. Five-year total capital spend: dotcom (1998-2003) against AI (2026-2030). https://media.assettype.com/biznews/2026-07-21/0v4cktk1/image5.png Exhibit 2a. Left: four years of flagship prices against the collapsing cost of yesterday's frontier. Right: dollars per problem solved at matched quality. https://media.assettype.com/biznews/2026-07-21/3mz06qne/image4.png Exhibit 3a. The overshoot. Price tags show what each discarded capability step costs today. https://media.assettype.com/biznews/2026-07-21/jxvynkwy/image7.png Exhibit 4a. The scissor, illustrative. When the red line crosses the gold line, every frontier token loses money fully loaded. https://media.assettype.com/biznews/2026-07-21/jzb7xaaz/image6.png Exhibit 5a. The Vendors Become the Vampires: the documented 2026 record, darkening as the conflict escalates. https://media.assettype.com/biznews/2026-07-21/ibctud76/image9.png Exhibit 6a. Annual infrastructure spend against the frontier-lab revenue it is partly built for. https://media.assettype.com/biznews/2026-07-21/xirnn4rh/image8.png Exhibit 7a. The number nobody watches. Capex level at records, growth still high, acceleration already negative. https://media.assettype.com/biznews/2026-07-21/pm9wjcql/image12.png Exhibit 7b. One dollar's round trip: vendor financing by another name. https://media.assettype.com/biznews/2026-07-21/i50oidb2/image10.png Exhibit 7c. Correlation of one: every exposure keys off whether OpenAI clears its next mark. https://media.assettype.com/biznews/2026-07-21/j0nxdfus/image11.png Exhibit 7d. The refinancing treadmill in two lines: the step-up compressing toward 1x, and capex crossing 100% of operating cash flow. https://media.assettype.com/biznews/2026-07-21/59h9bpwn/Exhibit9aTheConjunction.png Exhibit 9a. The conjunction. The bull case needs every row; the bear case needs any one. biznews en 2026-07-21T10:36:41.069Z Priced for perfection: A retired fund manager's warning on the AI boom AI boom, AI stocks, AI bubble, tech markets, Nvidia, AI risk, tech bubble, data centres, OpenAI, market crash, SA investors, AI future https://www.biznews.com/global-citizen/andrew-s-epstein-fallout-royal-scandal https://media.assettype.com/biznews/2026-07-21/rc7gg3d6/449741131.jpg The bill may be coming due. biznews en 2026-07-21T08:46:56.959Z Andrew ’s Epstein fallout: The royal scandal that won’t go away Rosa Prince, Prince Andrew, Epstein files, Royal scandal, UK monarchy, King Charles, Jeffrey Epstein, Royal family, Abuse claims, Power abuse, UK politics, Accountability, Global news https://www.biznews.com/tech/chinas-new-ai-superstar-kimi-k3 https://media.assettype.com/biznews/2026-07-21/3mk3zvut/461038157.jpg Moonshot AI Co-Founder Yang Zhilin https://media.assettype.com/biznews/2026-07-21/xuxfjqiu/461035093.png https://media.assettype.com/biznews/2026-07-21/gpd5paty/460281785.png biznews en 2026-07-21T08:45:08.466Z China’s new AI superstar: Moonshot's Kimi K3 stuns the tech world Moonshot, AI, Kimi K3, China AI, AI race, OpenAI, DeepSeek, Tech summit, AI models, Yang Zhilin, Open source, AI Africa https://www.biznews.com/global-citizen/new-uk-pms-big-talk-hits-ground-strolling https://media.assettype.com/biznews/2026-07-21/e5xi9o4l/biznews2026-06-23xf79jjnqUntitled-design-2026-06-23T092057.100.avif Andy Burnham biznews en 2026-07-21T08:21:55.527Z The Economist: For all new UK PM’s big talk, hits ground strolling Andy Burnham, UK PM, Labour, Keir Starmer, John Healey, Rachel Reeves, UK politics, UK economy, VAT cut, defence spending, immigration, social care https://www.biznews.com/biznews-daybreak/bn-daybreak-260721 https://media.assettype.com/biznews/2026-07-21/ppg1uc17/Thumbnail-22.jpg biznews en 2026-07-21T04:46:50.076Z BN Daybreak: Police generals' R3.6 bn salary bill; AGOA reforms; Andy Burnham; DA governance BizNews Daybreak, SAPS Police Salaries , AGOA Trade SA , Chris Pappas uMngeni , SA Waste Pickers , US Iran Conflict , Paramount Warner Merger , Andy Burnham UK PM , Red Sea Shipping , Ian Cameron SAPS https://www.biznews.com/members-only/directors-cut-chris-pappas https://media.assettype.com/biznews/2026-07-20/7my5g65g/PAPPAS-DIRECTORS-CUT.png biznews en 2026-07-20T15:46:19.413Z Director's Cut — Chris Pappas reverses course: the real reason he's running for uMngeni mayor again Chris Pappas, KwaZulu-Natal politics, Democratic Alliance, Local government elections, uMngeni Municipality https://www.biznews.com/interviews/ian-cameron-722-generals-brigadiers-cr-mchunu https://media.assettype.com/biznews/2026-07-20/tlf5ubv9/C.png biznews en 2026-07-20T14:11:49.125Z Ian Cameron: 722 Generals & Brigadiers @ R3.6bn, more pressure on CR and another cloud over Mchunu… Ian Cameron, Lifestyle audits SAPS, Crime intelligence, Police corruption, Police reform