Business News Leaders

Is SA on the brink of collapse?​

Efficient Group chief economist Dawie Roodt says South Africa is showing signs of a failed state and is basically at ground zero. Business Day TV unpacked this with Roodt in more detail.

10 Oct 2022 12PM 7 min

Satawu to join Transnet strike

Transnet's application to interdict a strike by members of the SA Transport and Allied Workers Union has been thrown out by the labor court. The union is now set to join the strike. SATAWU spokesperson Amanda Tshemes spoke to Business Day TV to detail the union's position.

10 Oct 2022 11AM 7 min

Trade of the Week

Join Petri Redelinghuys from Herenya Capital as he details what he's picking as his trade of the week.

10 Oct 2022 10AM 11 min

Opec+ slashes oil production

Oil prices have soared after Opec+ agreed on slashing production by 2 million barrels per day. Business Day TV discussed what this move means for oil markets going forward with David Elmes from the Warwick Business School.

6 Oct 2022 1PM 8 min

Richards Bay Minerals turns to renewable solar power as Eskom struggles t

Rio Tinto's South African unit, Richards Bay Minerals has taken its first step towards reducing carbon emissions through the use of renewable solar power. The mining group has agreed on a landmark deal with international energy company Voltalia. This will also work as an alternative electricity supply as South Africa's…

6 Oct 2022 11AM 7 min

Africa’s Pulse: Sub-Saharan Africa's Difficult Road to Recovery

The World Bank says out-of-control inflation is taking its toll on South Africa and other Sub-Saharan countries, but there is not enough fiscal space to respond. The Bank has further urged African Governments to restore macro-economic stability and protect the poor in a context of slow growth and high inflation…

5 Oct 2022 1PM 7 min

Strong fundamentals underpin Equites' performance

Equites Property Fund’s focus on logistics property is paying off. During the interim period the company reported a 4.1% rise in distributions per share while vacancy rates remained low at 0.1%. Business Day TV unpacked the results with CEO, Andrea Taverna-Turisan.

5 Oct 2022 12PM 8 min

Africa’s Pulse: Sub-Saharan Africa's Difficult Road to Recovery

The World Bank says out-of-control inflation is taking its toll on South Africa and other Sub-Saharan countries, but there is not enough fiscal space to respond. The Bank has further urged African Governments to restore macro-economic stability and protect the poor in a context of slow growth and high inflation…

5 Oct 2022 11AM 7 min

Local banks deliver upbeat results

South African banks have recorded a strong earnings season, benefitting from rising interest rates. This has assisted major banks like Capitec, Nedbank, Absa, Standard Bank and FNB – which is owned by FirstRand – deliver upbeat profits and hefty payouts. Business Day TV discussed whether these earnings are sustainable going…

4 Oct 2022 1PM 7 min

Emerging market currencies kick off Q4 on a negative note

Emerging market currencies have been taking a hit on the back of the stronger dollar and in an attempt to protect these currencies, emerging market central banks have turned to tightening their monetary policy. Business Day TV discussed whether this move has worked for emerging market currencies with RMB's Fixed…

4 Oct 2022 12PM 7 min

Toto fails to stall SAA sale

Toto investment Holdings, has become a losing bidder in the sale of the 51% majority stake in SAA. This was after the group approached the court in a bid to force Minister Pravin Gordhan and the DPE to make records of the sale public and to interdict the sale of…

4 Oct 2022 12PM 7 min

Why are IPO volumes falling?

After last year’s record IPO year, listings have slowed down this year with global IPO volumes hitting levels last seen during the 2008 financial crisis. Business Day TV discussed some of the factors driving the public market exodus with Wealth Manager at PSG Wealth, Schalk Louw.

3 Oct 2022 1PM 7 min

Load-shedding darkens prospects for factories

Intense power cuts have darkened the outlook for the manufacturing sector. With the ABSA PMI figure revealing that the activity has declined to 48.2 points, meaning that the Absa PMI is now in negative territory. Absa's Senior Economist Miyelani Maluleke joined Business Day TV to unpack the data in greater…

3 Oct 2022 12PM 7 min

Fuelling SA’s automotive sector

Deloitte Africa's Martyn Davies argues that South Africa needs to accelerate its adaptation to technological shifts in the automotive sector if there's any hope for maintaining and growing the domestic automotive industry. He joined Business Day TV to discuss other ways to grow SA's automotive sector

3 Oct 2022 12PM 9 min

The Week in Perspective

The third quarter of 2022 draws to a close with monetary and military hawks prevailing, and financial markets nursing some of the worst setbacks in decades. Russian President Vladimir Putin is set to host a Kremlin ceremony later today annexing about 15% of Ukraine, after what Ukraine and Western countries…

30 Sep 2022 7AM 26 min

Capitec’s digital push works in its favour

Capitec’s digital strategy has started paying off as the lender delivered a 17% rise in headline earnings per share and further hiked its dividend by a similar margin to R14. Business Day TV caught up with the company’s CEO, Gerrie Fourie for a look at its interim results.

30 Sep 2022 7AM 7 min

Private Equity in the doldrums

Despite attractively priced assets, the lure of remaining listed declining and a swift bounce back from Covid, Private Equity suffered its annus horribilus last year. Private equity investments totalled R14.9 billion in 2021, a marginal increase from R14.5 billion in 2020. But the number of deals was still the lowest…

29 Sep 2022 10AM 26 min

Ascendis Narrows Losses

Ascendis Health has managed to narrow its normalized operating loss for the full year. That's as the group is still recovering from mounting debt of almost R8 billion and facing the strong possibility of entering into business rescue. Group acting CEO, Carl Neethling joined Business Day TV to discuss the…

28 Sep 2022 1PM 7 min

Growth fears weigh on investors as central banks hike rates

The fight to tame inflation has come at a cost, with the IMF saying that the uncoordinated hiking cycles, risks tipping the world economy into recession. Business Day Tv caught up with Old Mutual Wealth’s Izak Odendaal and he shared his take on the global hiking spree.

28 Sep 2022 1PM 6 min

Ethos posts upbeat earnings

Ethos Capital says its portfolio has recovered. The private equity group has stated that most of its investees have returned to profit levels in excess of their pre-Covid-19 levels and this has helped the group report a 27% increase in its annual basic net asset value per share. But Ethos…

28 Sep 2022 1PM 6 min