Business News Leaders

Interviews with top CEOs and leaders shaping today's news stories alongside all the latest news that is impacting the markets, business and investments around the world.

A Tiso Blackstar Group Production.

Keywords: money, opportunity, business plan, business ideas, business news, income, financial news, industry news and views

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16
AUG
2am

Ramaphosa signs controversial debt-relief bill into law

President Cyril Ramaphosa has signed into law the controversial debt-relief bill. The legislation provides for the extinguishing of the debt of heavily indebted consumers who earn a gross monthly income of no more than R7500, have unsecured debt amounting to 50 thousand rand and who have been found to be critically indebted. Treasury has estimated that the debt-relief proposals could result in as much as 20 billion rand being written off. CEO of African Bank Basani Maluleke sat down with Business Day TV to look at the implications of this
15
AUG
2am

Acquisitions boost ARB Holdings' annual revenue

New acquisitions have helped ARB holdings boost its annual revenue by 4.5% to R2.7 billion. But headline earnings per share fell by 18.8% as the company beared the brunt of a slowing economy. ARB CEO, Billy Neasham talks to Business Day TV about their latest results.
15
AUG
2am

Gold Fields returns to profitability

Goldfields has bounced back in the first half of the year, the miner turned net cash flow positive earlier than expected as it swung from a loss of 367 million dollars to a profit of 71 million dollars and as a result, the interim dividend has tripled. The company expects its cash generating ability to increase in the second half of the year, right through to next year. Business Day TV caught up with Nick Holland the CEO of Gold Fields for more detail on the turnaround.​
15
AUG
2am

Truworths continues to battle against difficult trading conditions

Retailer Truworths, released its annual numbers on Thursday and while sales ticked up by nearly 4%, diluted headline earnings fell by 8.5% while trading profit took a knock of 80% as the company cut the value of its UK business, Office London by over a third. Company's CEO, Michael Mark spoke to Business Day TV to give a greater perspective on the numbers.​
14
AUG
2am

Metair delivers 21% rise in first-half HEPS

Real volume growth and higher value component opportunities has helped automotive parts maker, Metair shrug off tough economic challenges during the interim period - as a result, the company's reported a 19% rise in revenue, a 21% jump in earnings growth while the interim dividend grew by 25%. Metair CEO, Theo Loock talks to Business Day TV about their interum results and what this means for the company's future.
14
AUG
2am

How Emira's turnaround strategy is paying off

Emira property fund's turnaround strategy has been paying off, that's as it managed to deliver distribution growth for a second consecutive year - coming in 3.1% higher. This is despite the tough trading conditions experienced in South Africa. Business Day TV sat down with the company's CEO, Geoff Jennet for his take on what the annual numbers suggest for it's strategy going forward.
14
AUG
2am

Curro's mid-year report card boasts double-digit growth

Independent education group, Curro's mid-year report card boasts a 19% increase in revenue and a 44% surge in headline earnings as learner numbers rose by 13%. Net finance costs however grew by 49% and the company expects its investment on expansion and replacement of assets to cost R1 billion this year. Business Day TV caught up with the Company's CEO, Andries Greyling as he talks about the numbers and what it suggests about the private education sector and its place in the economy.
13
AUG
2am

SA Retail and Business Banking boosts Absa

Absa Groups reported a 3% rise in earnings for the first half of this year while income and costs both grew by 6% - its largest business unit, Retail and Business Banking SA has done the heavy lifting showing faster than market growth in key product areas. Business Day TV caught up with the company's Group CEO, René van Wyk and before to talk about why the company remains so tight lipped about who will taking over the reigns in steering the strategy of Absa as an independent African Banking group.
13
AUG
2am

Steinhoff considers divestments in turnaround bid

Embattled retailer, Steinhoff, whose market cap plunged by over R200 billion due to accounting irregularities flagged nearly two years ago says that it has ruled out any additional effect on its finances from round two of PWC's forensic investigation into accounting fraud in its books. Steinhoff's survival however is now dependent on divestments. Company's CEO, Louis du Preez spoke with Business Day TV about the company's turnaround.
12
AUG
2am

Naamsa wants 23% import fee on electric cars dropped

Despite concerns around Eskom and its electricity supply challenges, carmakers, Nissan, BMW and Volkswagen want South Africa to join the electric-car revolution. While the National Association of Automobile Manufacturers will only have a unified stance on electrification by end of year, the auto industry hopes that the prospect of increased local car sales and the rolling out of charging infrastructure will be incentive enough for government to reduce or drop the 23% import tariff on electric vehicles. CEO of Naamsa Mike Mabasa spoke with Business Day TV about the sector's push towards greener vehicles.
12
AUG
2am

Adapt or die for Medical aid schemes

Despite concerns around Eskom and its electricity supply challenges, carmakers, Nissan, BMW and Volkswagen want South Africa to join the electric-car revolution. While the National Association of Automobile Manufacturers will only have a unified stance on electrification by end of year, the auto industry hopes that the prospect of increased local car sales and the rolling out of charging infrastructure will be incentive enough for government to reduce or drop the 23% import tariff on electric vehicles. CEO of Naamsa Mike Mabasa spoke with Business Day TV about the sector's push towards greener vehicles.
12
AUG
2am

IEA trims global oil outlook for 2019

According to the IEA, mounting signs of an economic slowdown and an escalating trade war between the US and China have caused global oil demand to grow at its slowest pace since the financial crisis of 2008. Joining Business Day TV on the line to discuss the report in detail is Neil Atkinson from the International Energy Agency.

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