Business News Leaders

SARB Preview

Overnight the Fed indicated that it is committed to continue hiking in the face of persistent core pce inflation in the US, taking the fed Funds rate to 3 to 3.25% and indicating that a further 1.25% in increases is due by year end. In a sobering new set of…

22 Sep 2022 7AM 23 min

Where to next for diesel as Eskom blows budget to keep lights on

Trying to keep the lights on is costing Eskom an arm and a leg with spending on diesel rising to R7.7bn, which is more than the state-owned utility had budgeted for this year. Business Day TV explored the diesel market in greater detail with Andre Botha from TreasuryOne.

21 Sep 2022 2PM 7 min

Inflation eases from a 13-year high in August

Inflation has slowed to 7.6% year-on-year in August after softer fuel prices helped offset higher food and electricity inflation. Business Day TV unpacked the print and discussed what it means for the South African Reserve Bank’s next move with FNB senior economist Koketso Mano.

21 Sep 2022 12PM 3 min

Sasfin posts upbeat results

Financial services company Sasfin has delivered a 23.6% jump in annual headline earnings per share on the back of an improvement in its credit performance. Business Day TV discussed the results in detail with the company’s CEO, Michael Sassoon.​

21 Sep 2022 12PM 7 min

The state of renewable energy in South Africa

Amid an energy crisis in South Africa, research by Climate Group has revealed that the country is topping its peers. That’s as it shows encouraging improvements when it comes to pushing forward with its renewables ambitions. Business Day TV discussed this in detail with Climate Group’s Executive Director of Systems…

20 Sep 2022 1PM 7 min

Sarb expected to raise rates on Thursday

Economists are expecting the Sarb to take a more hawkish stance at its next meeting, and this comes as the country struggles with rising inflation and a weak rand. Business Day TV caught up with RMB economist Siobhan Redford and she shared her views.

20 Sep 2022 12PM 5 min

Impact of a potential greylisting on SA's economy

Time is running out for South Africa to prove to the Financial Action Task Force that it can counter financial crimes. The watchdog found weaknesses in the country’s ability to fight corruption and money laundering. South Africa has between now and the end of November to show improved strength in…

20 Sep 2022 11AM 8 min

WATCH: PROPTECH

Through the pandemic listed property companies have had to get back to basics and focus on the core operating strategies of managing assets and less on the financial engineering that had caused such over exuberance in markets in the mid-2010s. While REITs might excel at attracting the right tenants, maximising…

20 Sep 2022 8AM 24 min

Trade of Week

Join independent analyst Loyiso Mpeta as he takes us through what the charts are saying about commodity stocks, like Glencore and BHP.

19 Sep 2022 2PM 11 min

Why the rand is under pressure

The rand has come under pressure as South Africa feels the impact of load-shedding and markets eye potential interest rate hikes from major central banks. Business Day TV unpacked the factors at play and what could be in store for the local unit with Citadel global director Bianca Botes.

19 Sep 2022 2PM 7 min

Eskom scrambles for emergency energy

South Africa will need half a trillion rand to put an end to load shedding by the beginning of 2025, according to Intellidex. The research company has revealed this figure in the wake of Eskom's announcement that it is scrambling for emergency power to end stage six load-shedding. The power…

19 Sep 2022 2PM 7 min

Investec in the cloud

The bank of 2030 will look very different from today. Facing changing consumer expectations, emerging technologies, and alternative business models, banks need to start putting strategies in place now to help them prepare for this future. An important indicator of the shifting landscape? Cloud computing is moving to the forefront…

19 Sep 2022 8AM 25 min

The Week in Perspective

The global economic outlook remains downbeat and some countries are expected to slip into recession in 2023, but it is too early to say if there will be a widespread global recession, the IMF said on Thursday.
The IMF in July revised down global growth to 3.2% in 2022 and 2.9%…

16 Sep 2022 7AM 25 min

Ethereum’s long awaited merge takes place

The world's second largest cryptocurrency - Ethereum, has completed its much anticipated switch to a more energy-efficient infrastructure. Business Day TV unpacked what this move means, and how it impacts the crypto space with the General Manager for Africa at Luno, Marius Reitz.​

15 Sep 2022 1PM 5 min

Metair earnings slump

The devastating KZN floods and hyperinflation have weighed on Metair. The firm has posted a 74% slump in headline earnings per share, and a 2% drop in revenue to R5.8bn. Business Day TV discussed the company’s half-year results with the CEO, Riaz Haffejee.

15 Sep 2022 12PM 6 min

Increase in air travel demand boosts ACSA

Airports Company South Africa (ACSA) has reported an 81% jump in annual revenue thanks to the easing of Covid-19 restrictions which allowed for a pick up in domestic and international travel. Business Day TV unpacked the performance in greater detail with company's CEO Mpumi Mpofu.

15 Sep 2022 12PM 9 min

FirstRand gives shareholders a reason to smile

FirstRand has rewarded shareholders, dishing out an ordinary dividend of R3.42 and a special dividend of R1.25. That’s as it posted a 21% increase in headline earnings, after benefitting from higher interest rates, and recovering from the impact of the pandemic. Business Day TV discussed the company’s annual performance with…

15 Sep 2022 12PM 7 min

Financial advice beyond 2022

Over the last decade the landscape for financial advisers and the customers they serve has changed dramatically largely due to regulation aimed at ensuring consumers getter a better, fairer and more transparent deal.
The focus has been on facilitating access to financial advice through simple or limited advice categorisation
Introducing a best…

15 Sep 2022 8AM 25 min

Easing restrictions give Growthpoint a boost

Improved trading conditions have worked in Growthpoint’s favor as the property company has been able to reduced vacancies and deliver a 5.1% rise in distributable income per share. Business Day TV discussed the company’s performance with Group CEO, Norbert Sasse.

14 Sep 2022 1PM 8 min

Retail sales recover in July

Retail sales have bounced back, increasing by 8.6% on a year on year basis in July, mainly due to a large contribution from general dealers. Business Day TV unpacked the print with RMB economist Siobhan Redford.

14 Sep 2022 12PM 5 min