Business News Leaders

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

Impact of Watchdog's raids is unclear - Momentum

Momentum Metropolitan has posted a sevenfold increase in annual profit driven by a strong showing from its established business units. Business Day TV spoke to the insurer's CEO, Hillie Meyer for more detail.

14 Sep 2022 11AM 7 min

ARC Investments says no to dividends for now​

African Rainbow Capital Investments says it won't be declaring dividends in the short to medium term. That's as the firm plans to instead use cash to fund new opportunities. Business Day TV spoke to the group's Co-CEO, Johan van Zyl for more insight into the group's plans.

13 Sep 2022 12PM 8 min

Libstar delivers 'resilient' performance ​

Denny mushroom owner Libstar has described its first-half performance as 'resilient' with the group reporting a more than 9% rise in revenue despite inflationary pressures. Business Day TV caught up with Libstar CEO Andries van Rensburg for more insight.

13 Sep 2022 12PM 7 min

Attacq moves on from Covid-19 with dividend payout

Mall of Africa owner Attacq has bounced back from the impact of the pandemic and reinstated dividend payments with an annual payout of 50c per share. Business Day TV unpacked the performance in greater detail with company's CFO, Raj Nana.

13 Sep 2022 12PM 8 min

Long Road to Energy Reform

As the country grapples with another week of loadshedding, Eskom’s worst case scenario modelling for energy availability factors at its aging coal plants is coming to pass, highlighting the urgency with which the country needs to move on the long and winding road to total energy market reform. Late on…

13 Sep 2022 7AM 26 min

Activity in the construction industry gathers steam

Activity in the construction sector is recovering. The Afrimat Construction Index rose by 2.4% in the second quarter, shrugging off the impact of the KZN floods, Eskom’s power cuts and high fuel prices. Business Day TV caught up with independent economist Roelof Botha, who compiles the index, for more detail.​

12 Sep 2022 12PM 7 min

Pricey export markets expected to dim agri green shoots

South Africa's agricultural exports grew to about R60bn in the second quarter thanks to strong prices and robust demand for citrus, apples, maize and pears. But this benefit is expected to be short-lived as export markets become more expensive to access. Business Day TV spoke to FNB agricultural economist Paul…

12 Sep 2022 12PM 8 min

Climate finance focus ahead of Cop 27

Nearly 40 million people worldwide work in jobs related to clean energy, according to a Sept. 8 report from the International Energy Agency. That number represents 56% of total energy sector employment, meaning that, for the first time ever, clean energy jobs outnumber those involved in producing, transporting, and burning…

12 Sep 2022 7AM 27 min