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15
NOV
4am

Stronger rand weighs on Sappi's FY profit

Paper and pulp maker, Sappi recorded a 4.4% decline in its annual profit. It's CEO, Steve Binnie joins Business Day TV on the line to discuss what these results suggest for the group going forward.
14
NOV
3am

Discovery introduces first behavioural bank

Discovery has released the details of it's banking offering which will rely heavily on its Vitality model. Bronwyn Seaborne sat down with Discovery's CEO Adrian Gore to discuss what will set the group's banking operations apart in this highly competitive environment.
14
NOV
3am

Acquisitions boost Indluplace’s FY revenue

Indluplace released its annual results today. Recording a 64% surge in revenue - fuelled by contributions from its recent acquisitions. But the tough economic environment continued to weigh on the group. Translating into an unchanged dividend for the period - at just over 97 cents. It's Financial Director, Terry Kaplan spoke to Business Day TV to unpack its numbers in more detail.
14
NOV
3am

Spar’s FY earnings get a boost from Irish operations

Spar released it’s full year numbers today. The retailer's weathered challenging trading conditions to report a 1.4% rise in headline earnings per share boosted by improving contributions from its Ireland businesses which offset declines in Switzerland. While the group's Southern Africa division grew revenue by 6.7%. Graham O'Connor, CEO of SPAR Group joins us on the line for an analysis of the earnings picture.
13
NOV
6am

High Court orders VBS liquidation

Despite calls by the EFF for VBS Mutual Bank to be recapitalised in the name of transformation, the final liquidation of the company has been ordered by the High Court following an urgent application by the Reserve Bank for the process after the organisation found the institution to be hopelessly insolvent following details in The Great Bank heist report of how nearly R2 billion was looted from the company. Cas Coovadia, MD of the Banking Association of South Africa joins us on the line with his perspective on the move.
13
NOV
6am

Telkom’s push into mobile pays off in H1

Telecomms provider, Telkom released its interim results today reporting a 3.3% decline in headline earnings per share largely driven by costs related to the company's early retirement and voluntary severance packages, revenue however is up 5.2% boosted by the group's mobile business unit where revenue increased close to 54% due to a 50% surge in users which helped offset declines in Telkom's traditional fixed line business. Company's Group CEO, Sipho Maseko joined Business Day TV on the line to unpack the detail behind the numbers.
12
NOV
6am

Oil prices reach highest 1-day increase in a month

We saw oil prices rise by more than 1% today - this as Saudi Arabia announced supply cuts for December - a measure aimed at halting a market slump that has seen crude prices decline by 20% since early October. Bjarne Schieldrop, Chief Commodities Analyst at SEB joins us on the line now for his views on whether the movement we're seeing is warranted...
12
NOV
6am

Vodacom H1 HEPS drop as BEE deal bites

Mobile giant, Vodacom released its interim results today reporting a near 14% drop in headline earnings per share as the impact of its R16.4 billion empowerment deal weighed. The company added 4.8 million customers during the period most of which came from the domestic market where service revenue was lifted by 4.6% while reveue growth fell to 4.3% from nearly 8% while group revenue rose 5.6%, the interim dividend is up 1.3% to R3.95 Shameel Joosub, CEO of Vodacom joins us on the line to unpack the detail behind the numbers.
12
NOV
6am

Land expropriation without compensation spells 'Economic Disaster'

Two academics have painted a bleak picture of the likely outcomes of land expropriation without compensation. The findings from their macroeconomic impact assessment flags lower capital formation, a deep recession, rising budget deficits and debt levels. One of the academics, Roelof Botha from the University of Pretoria's Gordon Institute of Business Science joins us for some perspective on the findings.

559 episodes

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