START YOUR MORNING BY LISTENING TO TODAY’S BIZNEWS BREAKFAST BRIEFING – Fed to hike rates 0.75%, but market already expects cuts in 2023; SA’s informal economy booming; European banks, US dollar and Ukraine’s finmin.
Catch up with the latest on BizNews.com
- GG Alcock – why Stalinist ANC on wrong page with its ‘500 black industrialists’
- How and why intermittent fasting works – world expert Dr Jason Fung
- Cyril rides the killer wave – Corruption Watch
- “If we cannot vote them out, we must throw them out!”
- ANC’s cadre deployment policy just more smoke and mirrors
- Big Pharma party to mass-scale depression, chemical imbalance deception – Prof Aldous
- A small UPS can keep the Wi-Fi on when the lights go out. Here’s a list of 10 to choose from.
- Crypto arbitrage offers a safe haven despite crypto woes
- The stock market is on sale. That doesn’t make it cheap (Premium)
NB: If you’re getting this newsletter second hand – click here to subscribe for your own copy. It’s free and signing up takes less than a minute.
Reasons to look on the brighter side – here and in the US market
Experienced a couple of masterclasses in the BizNews studio on Friday. Both interviews left me in a better frame of mind. The recordings are up on the BizNews TV channel on YouTube. When there, great idea to click on the “Subscribe” and “notifications” buttons so you don’t miss any of our content.
GG Alcock, whose famous activist parents Neil and Creina raised him in a mud hut in rural KZN, is my go-to guy on the informal sector. He says it’s booming in the townships as people look to spend their money locally with informal businesses. True unemployment? Closer to 12% than the ‘official’ 40%. Click here to watch the recording.
That was followed up by my favourite economist, Kevin Lings, explaining the interest rate cycle here and abroad – concluding that it’s time to start buying US stocks again. Lings reckons June’s 9.1% inflation in the US was the peak, and expects it to be down to 2% in a year’s time. Wall Street is already looking for two interest rate CUTS in 2023. Click here to watch that one.
Eisch. Got to be wide awake nowadays. Our connected world moves at warp speed.
- Treat yourself to the latest BizNews Digest – the interactive PDF which is a gateway to our best content of the past week. Click here to download. And don’t miss context offered by Mike and I in our weekly A-Plus show. Click here for the latest episode.


UPCOMING EVENTS – SIGN UP NOW
BizNews Conference – August 30 to Sept 3
The last four rooms at Champagne Sports Resort have been snapped up but there are still rooms available at nearby Champagne Castle, a high quality hotel even deeper into the Drakensberg. This hotel has kindly arranged a special B&B rate for BizNews community members attending BNC#4. It’s only 10 minutes away and works perfectly with the Day Pass option, hence our endorsement. Click here for all the details and to register your interest.
To receive the Daily Insider every weekday at 6am in your inbox click here. You can also sign up to the weekend’s BizNews Digest for a wrap of the best content BizNews has to offer, for a leisurely Saturday read.