Business News Leaders

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

Cryptocurrencies stage a rebound

The crypto market has made gains, with the market capitalisation back above the $1 trillion mark after a month of muted performance. Business Day TV caught up with Luno’s General Manager for Africa, Marius Reitz to discuss the factors driving activity in the digital assets space.

20 Jul 2022 12PM 7 min

Vukile Property Fund's debt position in focus

Vukile Property Fund is about to embark on a debt presentation roadshow. The REIT is ahead in debt payments with its loan-to-value ratio sitting at 43%. Business Day TV spoke to CEO Laurence Rapp for more detail.

20 Jul 2022 12PM 8 min

Virtual agents can be a win for SA’s BPO sector

As expected, digital disruption is picking up speed, transforming the way we buy products, access public services and get customer service from organisations. We are becoming more comfortable self-serving for things, ranging from paying our tax via e-filing to ordering our groceries, and as digital penetration continues to increase, this…

20 Jul 2022 7AM 26 min

Office property market remains under pressure

The local office property market has been the sector’s biggest laggard, largely due to high vacancy rates and lower rentals. Business Day TV discussed these dynamics with FNB’s Property Economist John Loos.

19 Jul 2022 12PM 7 min

Markets price in another rate hike

The South African Reserve Bank is expected to hike interest rates for a fifth consecutive time at its next meeting, as it attempts to fight accelerating inflation and avoid further currency weakness. Business Day TV caught up with RMB Economist, Siobhan Redford for her expectations.

19 Jul 2022 12PM 6 min

European heat wave foretells of climate crisis

Europe's unprecedented heat wave has caused alarm among climate change campaigners, with many warning that the world can expect to see more heat as a result of global warming. Business Day TV caught up with Guy Midgley from the Stellensch University for more detail.

19 Jul 2022 12PM 9 min

ETF total market cap falls 9.9% in first half

With the bears stalking most markets you’ll often hear that falling markets expose ETFs and are for active managers. However, I tend to think that as market returns are hard to come by, the low cost of ETFs becomes even more attractive. And we’ve certainly seen Exchange Traded Funds evolve…

19 Jul 2022 8AM 27 min

MTN eyes Telkom takeover

MTN is looking into acquiring the entire issued share capital of Telkom in return for shares, or a combination of cash and shares. The mobile operators have cautioned that the talks are at an early stage, and that there is no guarantee that a deal will be struck. Business Day…

18 Jul 2022 2PM 7 min