EPISODE · May 18, 2026 · 14 MIN
BN Daybreak - Mon 18 May 2026: China trade; Joburg debt; BEE growth costs; and Soweto youth squash
from BizNews Radio · host BizNews
In today's BizNews Daybreak, the US and Iran's clash over the Strait of Hormuz continues, while the White House details a massive $17 billion agricultural trade agreement with China. Locally, Johannesburg faces a severe financial and governance crisis, risking a major Moody's credit downgrade over unfiled audited statements and billions owed to creditors. Additionally, Solidarity advocates for an end date to race-based BEE policies due to high GDP growth costs, and a Soweto youth empowerment initiative successfully expands its reach far beyond squash.
What this episode covers
In today's BizNews Daybreak, the US and Iran's clash over the Strait of Hormuz continues, while the White House details a massive $17 billion agricultural trade agreement with China. Locally, Johannesburg faces a severe financial and governance crisis, risking a major Moody's credit downgrade over unfiled audited statements and billions owed to creditors. Additionally, Solidarity advocates for an end date to race-based BEE policies due to high GDP growth costs, and a Soweto youth empowerment initiative successfully expands its reach far beyond squash.
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BN Daybreak - Mon 18 May 2026: China trade; Joburg debt; BEE growth costs; and Soweto youth squash
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