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BN Daybreak - Thu 18 June 2026: Fed holds rates; SA Cabinet shifts; SpaceX valuation; Gold potential

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Today's Daybreak covers the landmark US-Iran peace deal and the Federal Reserve's unanimous decision to hold interest rates steady.

Alec Hogg analyses DA leader Geordin Hill-Lewis's strategic cabinet demotion of Agriculture Minister John Steenhuisen.

We also unpack SpaceX's massive $2.52 trillion IPO valuation, the Western Cape's expanding provincial policing powers, and South Africa's missed exploration opportunities despite holding the world’s largest remaining gold endowment.

17 Jun 11PM English South Africa Investing · Business News

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