Business News Leaders

Listen! Previewing the AGOA Forum with Standard Bank CIB

African leaders, US representatives, and the private sector will be gathering at Nasrec in Johannesburg on November 2 to attend The AGOA Business Forum. This forum will explore ways for Sub-Saharan African countries to build industrial capacity and regional value chains to take advantage of the African Growth and Opportunity…

31 Oct 2023 6AM 7 min

Listen! Adcorp delivers double-digit profit growth

Adcorp has weathered tough trading conditions. The workforce firm delivered a 10.2% rise in revenue and a 34% jump in headline earnings per share from continuing operations. The performance allowed it to hike its dividend by 31.9% to 16.1 cents. Business Day TV caught up with company's CEO, John Wentzel…

30 Oct 2023 11AM 6 min

Listen! How SA can capitalise on AGOA

South Africa will be looking to get more from its trade ties with the US, as the nation prepares to host the African Growth and Opportunity Act Forum. Business Day TV spoke to Stanlib's Chief Economist, Kevin Lings about how South Africa can capitalise on the AGOA Forum.

30 Oct 2023 11AM 8 min

Listen! SA beats New Zealand to win 4th Rugby World Cup

With their sights set on victory, the Springboks' relentless determination earned them a historic fourth championship, overcoming tough odds. In an intense final, they secured a 12-11 win against arch-rivals New Zealand, proving their indomitable spirit. Mark Keohane, the Sunday Times' rugby columnist, joined Business Day TV to discuss this…

30 Oct 2023 9AM 7 min

Listen! Cost-of-living crisis weighs on South African consumers

Cash-strapped South Africans have been advised to keep their spending in check amid the Rugby World Cup cheer. The advice seeks to ensure healthy spending habits amid a tough economic environment. Business Day TV discussed this with Consumer Financial Education Specialist at Momentum Metropolitan, Claire Klassen.

27 Oct 2023 9AM 7 min

Listen! Is there a R459bn pot of gold at the end of SA’s rainbow?

South Africa faces a financial conundrum, with a R459 billion reserve in the central bank. Deciding how to utilize this significant resource amid fiscal challenges and rising borrowing costs has become complex. Business Day TV spoke with Peter Bruce from Financial Mail who discussed the need to address South Africa's…

27 Oct 2023 9AM 6 min

Listen! Retail sector trends in Africa

Africa has 54 diverse countries but there are similar retail sector trends that have emerged across borders. Business Day TV spoke to Marc Du Toit, Head of Retail at Knight Frank Uganda for more insights on those trends and how it’s shaping the future of the industry on the continent.

27 Oct 2023 8AM 9 min

Listen! Gearing up for Black Friday: Consumer Insights

South African retailers are expected to ring up nearly R27bn in additional turnover this Black Friday. General dealers and clothing retailers will bag most of the gains, according to the Bureau of Market Research. Business Day TV spoke to Gerhard Le Roux, Head of Capital Growth at Capital Connect for…

27 Oct 2023 8AM 7 min

Listen! Afrimat's diversification strategy boosts earnings

Afrimat's diversification strategy is paying off. During the interim period the building materials and construction company delivered a near 10% jump in revenue and a 4.4% rise in headlines earrings per share. Business Day TV unpacked the numbers with company's CEO, Andries van Heerden.

26 Oct 2023 1PM 6 min

Listen! Demand dynamics in the oil market

The Middle East war has weighed on demand dynamics in the oil market, and consensus among experts is that global oil, gas and coal demand should peak by 2030. Business Day TV spoke to RMB's Commodities Trader Raymond Philips for more insight.

26 Oct 2023 1PM 6 min

Listen! Crypto Chat - Bitcoin rally gains traction

The crypto market rally is picking up pace, with Bitcoin surpassing the $30,000 mark. The positive momentum comes as investors digest upbeat developments on the Bitcoin ETF. Business Day TV discussed this with the South Africa Country Manager at Luno, Christo de Wit

26 Oct 2023 1PM 5 min

Listen! Clicks posts higher annual profit

Clicks has posted higher year-end profit. The retailer has reported an 11.5% rise in adjusted diluted headline earnings per share, despite a tough trading environment. Business Day TV spoke to Group CEO Bettina Engelbrecht for more detail on Clicks’ annual performance.

26 Oct 2023 12PM 7 min

Listen! The Big Idea - Illegal mining in South Africa

Illegal mining in South Africa has grown from a localized problem to a nationwide criminal syndicate, affecting the economy. Mining companies often downplay its extent. This issue prompts questions about governance, mining protocols and prevention measures. Business Day TV unpacked this complex issue with mining analyst, David Van Wyk and…

26 Oct 2023 9AM 18 min

Listen! Hydrocarbon project delays weigh on Senegal’s growth

Senegal was pegged to be one of Africa’s fastest growing economies in 2023, boosted by hydrocarbon projects. Several of these have been postponed weighing on that growth potential. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day TV for a closer look at the hydrocarbon ventures…

26 Oct 2023 9AM 5 min

Listen! High interest rates, inflation and load-shedding weigh on Balwin

Specialist residential property developer Balwin is having a tough time navigating a trading environment characterised by high interest rates and elevated inflation which has led to fewer properties being sold and a 25% fall in interim revenue. Business Day TV unpacked the performance in greater detail with the company’s CEO,…

26 Oct 2023 9AM 8 min

Listen! Exploring reforms at the PIC

The Public Investment Corporation, with R2.6 trillion in assets, is under the leadership of CEO Abel Sithole, who is working to transform the organization after governance issues. Business Day TV delves into whether the PIC has overcome political influence challenges as well as its role in the financial landscape with…

26 Oct 2023 9AM 8 min

Listen! Foreign appetite for SA residential properties picks up

Foreign appetite for South African residential properties has picked up, with the Western Cape seeing the most of that demand. Business Day TV discussed the trend being observed with Hayley Ivins Downes, Head of Digital at Lightstone Property.

25 Oct 2023 12PM 7 min

Listen! State of SA's manufacturing sector

South Africa's manufacturing sector has been on a downward trend for 16 years, according to Stats SA, with the industry shedding almost 309,000 jobs over the period. So, what can get the cogs turning again? To find out Business Day TV spoke to Philippa Rodseth from the Manufacturing Circle.

25 Oct 2023 9AM 8 min

Listen! Dovish' deputy governor Kuben Naidoo resigns from reserve bank

The Deputy Governor of the South African Reserve Bank, Kuben Naidoo, has resigned, creating an opportunity for President Cyril Ramaphosa to appoint new leadership at the Reserve Bank before the 2024 elections. The resignation, while not officially confirmed by the Bank and the presidency, may come into effect in November…

25 Oct 2023 8AM 8 min

Listen! The unforeseen costs of going off grid

The income that Eskom and municipalities earn from electricity sales has taken a knock amid a rapid uptake of alternative energy solutions. Eskom meanwhile is exploring feed-in tariffs to overcome the potential losses. Business Day TV spoke to Tshepo Kgadima, Independent Economic & Energy Analyst about the move to alternative…

24 Oct 2023 2PM 13 min