Business News Leaders

Ascendis Health on the path to recovery

Ascendis Health continues to tackle its debt. The firm recently inked a deal with Austell to sell its Pharma unit and also plans to raise over R100 million via a rights offer. Business Day TV caught up with Ascendis Health's CFO and Interim CEO Cheryl-Jane Kujenga, for more detail on…

28 Jul 2022 12PM 7 min

Improved pricing, lower debt costs boost AMSA

Arcelormittal South Africa has benefitted from improved pricing and lower debt costs during its interim period. The steelmaker has increased its profits by more than a fifth, but has opted not to declare a dividend. Business Day TV unpacked the performance with CEO Kobus Verster.

28 Jul 2022 12PM 8 min

Inflation or recession?

The Fed has finally acknowledged that it will have to take its rate hiking decisions meeting by meeting and as inflation in parts of the world seems to be rolling over, it’s time to question whether we should be worried about inflation or recession. The projected Fed Funds in Dec…

28 Jul 2022 8AM 27 min

AECI posts record results

Chemicals and explosives group AECI, has posted record half-year revenue and headline earnings per share supported by improved trading conditions and strong global commodity prices. Business Day TV caught up with the CEO, Mark Dytor for more on its performance.

27 Jul 2022 12PM 7 min

Is US inflation peaking?

Some analysts are confident that US inflation could be peaking, due to a softening job market and a decline in oil prices. Business Day TV discussed what this means for the Fed's monetary policy moving forward and overall growth with Investment Strategist at Old Mutual Wealth's Izak Odendal.

27 Jul 2022 12PM 6 min

Prudential Authority warns SA banks are vulnerable to 'dirty money'

The Prudential Authority says the country’s largest banks are at high risk of falling foul of money laundering, terrorism and proliferation financing activity. Business Day TV spoke to Denzel Bostander Financial Conglomerate Supervision Department Head of the Prudential Authority for more insight.

27 Jul 2022 12PM 9 min

Global Entrepreneurship Monitor

South Africa is one of the toughest countries in the world to be an entrepreneur but as the country emerges from the economic shocks of the Covid-19 pandemic, there are encouraging signs of increased entrepreneurial activity and of more small businesses making it beyond the startup stage. The latest Global…

27 Jul 2022 7AM 27 min

Unpacking Ramaphosa’s energy plan

South Africa’s business community has welcomed President Ramaphosa's action plan to end load-shedding, but concerns have been raised regarding its execution with some saying there need to be hard deadlines as well as accountability for delivery from the government. Business Day TV caught up with energy analyst and Director at…

26 Jul 2022 1PM 7 min

What is the real value of the rand?

The South Africa rand continues to be one of the most undervalued currency in the world, according to the The Economist's Big Mac Index. The data suggests that the local unit should be trading at R7.75 to the dollar. Business Day TV spoke to RMB’s Head of FX Execution, Matete…

26 Jul 2022 12PM 5 min

Myriad of challenges weigh on Kumba's profit

Kumba Iron Ore’s interim profit plunged by 50% as heavy rains, declining prices, falling output and a rise in safety stoppages weighed. Business Day TV spoke to company's CEO Mpumi Zikalala for greater perspective on the performance.

26 Jul 2022 11AM 7 min

Energy plan welcomed

It took almost a month of intense stage 6 load shedding for President Cyril Ramaphosa to finally take charge of the electricity crisis that has deepened year after year, but the steps he eventually announced to end load shedding, ensure the sustainability of Eskom, and transform the electricity supply industry…

26 Jul 2022 8AM 26 min

Trade of the Week - Lewis | Zoom

Join Independent Analyst Loyiso Mpeta, as he takes us through what the charts are telling him about Lewis and Zoom.

25 Jul 2022 1PM 5 min

Amplats' earnings plunge by 42.5%

Anglo American Platinum’s half-year headlines earnings per share tumbled by nearly 43%, as lower sale volumes, lower production and higher inflation weighed. Despite the fall in earnings, the group has declared an interim dividend of R41 and a special dividend of R40. Business Day TV unpacked the results with CEO…

25 Jul 2022 1PM 7 min

Can South Africa afford a Basic Income Grant?

South Africa’s government could, in theory, fund the Basic Income Grant via an increase in the Value-Added Tax (VAT) rate from 15% to 17%, according to a report authored by Intellidex and commissioned by Business Unity SA in collaboration with BLSA. Business Day TV caught up with Business Leadership South…

25 Jul 2022 1PM 7 min

Side-hustles on the rise as SA struggles to save

Saving money, or the "saving habit" is the foundation of all financial success. Having money saved is what provides the means for you to take advantage of situations, whether it's going back to study and upskill yourself, starting a new business, or buying shares of stock when the market crashes…

25 Jul 2022 7AM 26 min

The Week In Perspective

It was week dominated by central banks with the ECB hiking by 50bps and the SARB 75bps. As Brian Kantor opined in Business Day this week, the best reason to expect inflation to subside in the US, Europe and South Africa is that the demands for goods and many services…

22 Jul 2022 8AM 25 min

The state of M&A activity in South Africa

Merger and acquisition activity has been gathering steam in South Africa, particularly in the listed space. Developments include takeover talks between MTN and Telkom; the Implats and RBPlats merger deal as well as Gold Fields acquiring Yamana. Business Day TV caught up with Telcos Analyst, Irnest Kaplan to discuss the…

21 Jul 2022 1PM 11 min

Outlook for US Tech Stocks

The global interest rate hiking spree has weighed on US Tech stocks, with the Nasdaq index losing 25.8% year-to-date. Business Day TV unpacked the factors weighing on the sector with Schalk Louw, Wealth Manager at PSG Wealth.

21 Jul 2022 12PM 8 min

MPC raises interest rates by 75 basis points

The Reserve Bank’s monetary policy committee has raised interest rates by 75 basis points for the first time since September 2002. The move is in bid to tame rising inflation. Business Day TV unpacked the outcome in greater detail with Koketso Mano, Economist at FNB.

21 Jul 2022 12PM 8 min

China’s central bank stands pat on rates

The People’s Bank of China has kept its key interest rate unchanged at 3.7%. The move comes despite a interest hiking spree by other global central banks. Business Day TV discussed China’s monetary policy stance with Tian Pan, Prescient China’s Head of Product.

20 Jul 2022 1PM 8 min