Business News Leaders

Trade of the week - Spar and Pick n Pay

Join Independent Analyst, Loyiso Mpeta as he shares technical analysis on Spar and Pick n Pay.

18 Jul 2022 2PM 5 min

Unpacking the feasibility of Eskom 2.0

South Africa’s Energy and Mineral Resources Minister Gwede Mantashe has made public comments about the need for a second power utility to take the pressure off Eskom. Business Day TV spoke to Energy Analyst Chris Yelland about the viability of the plan.

18 Jul 2022 1PM 7 min

Crypto assets and exchange control - Quo vadis

A long period of silence on cryptocurrency regulation in South Africa has finally been broken. South African Reserve Bank (SARB) Deputy Governor, Kuben Naidoo, has now confirmed that new regulations are set to be implemented within the next 12 to 18 months. This development will see South Africa following other…

18 Jul 2022 8AM 25 min

The Week In Perspective

The rand continued its slide against the dollar on Thursday, touching the weakest level last seen in August 2020, while the JSE fell the most in a week as global recession fears intensified. Asian stocks hit a two-year low on Friday and were heading for a weekly loss, while the…

15 Jul 2022 7AM 24 min

Industrial metal prices take a dip

Prices of industrial metals have been on the decline of late, and with copper leading the losses some analysts have turned bearish on the metal. Business Day TV discussed the price dynamics with Investment Analyst at Anchor Capital, Seleho Tsatsi.

14 Jul 2022 1PM 6 min

Market volatility to remain - BlackRock

BlackRock is erring on the side of caution. The global investment manager has it cut its exposure to developed markets after warning of increased market volatility in the second half of the year. Business Day TV unpacked BlackRock’s mid-year outlook with the firm’s Fixed Income Strategist, Scott Thiel.

14 Jul 2022 1PM 5 min

Is 2023 the year of crypto regulation?

The South African Reserve Bank plans to introduce new regulations around cryptocurrency trading within the next 12 to 18 months, says deputy governor Kuben Naidoo, who was speaking in PSG's latest Think Big Webinar. This would have implications for cryptocurrency exchanges in the country such as VALR. Business Day TV…

14 Jul 2022 1PM 5 min

Energy emergency faces political inertia

While the country is in the grip of this 15 year-long energy crisis, there is another even slower burning and longer running crisis that we have committed to tackle and that is climate change. And we have also committed to stimulating our moribund economy through infrastructure spend with the national…

14 Jul 2022 8AM 26 min

Twitter sues Musk for contract breach

Twitter is suing Tesla’s CEO Elon Musk, after Musk abandoned a $44 billion deal to buy the social media company. Business Day TV discussed the merits of the move with AnBro Capital’s co-founder and CIO Craig Antonie.

13 Jul 2022 2PM 7 min

Retail sales growth slows in May

Retail sales growth has slowed. The print for May showed a tepid rise of 0.1% on annual basis, as consumers remain under pressure due to rising inflation and higher interest rates. Business Day TV spoke to RMB Economist Siobhan Redford for more detail.

13 Jul 2022 1PM 4 min

Public servants seek 10% wage hike

The Public Servants Association (PSA) has rejected government's 2% wage hike proposal. The union is seeking an above-inflation increase of 10% and says if the request is not met, members will embark on strike action. Business Day TV spoke to Reuben Maleka, GM of the Public Servants Association for more…

13 Jul 2022 12PM 9 min

Energy emergency poses risk to rule of law

The energy crisis is rapidly draining moral faster than strained batteries during loadhsedding, as the stark facts are that loadhsedding has been a feature of South Africa for 15 years more than half of the time the ANC has been in power. The ANC has a lot to answer for…

13 Jul 2022 6AM 25 min

Redefine embarks on debt investor roadshow

Redefine Properties has kicked off its debt roadshow and hopes to raise capital through the bond market. Business Day TV discussed this in detail with Redefine's CFO Ntobeko Nyawo.

12 Jul 2022 1PM 4 min

Tongaat’s shares rally on sweet developments

Tongaat's shares have seen a recovery of late. The improvement comes after the embattled sugar producer's deal with Magister fell through, and follows its appointment of turnaround specialist Piers Marsden as its chief restructuring officer. Business Day TV spoke to Chris Logan, Founder of Opportune Investments for his analysis of…

12 Jul 2022 12PM 8 min

Banking on dividends

We’re at the halfway mark of the year if you can believe it and that means banking results are around the corner. Locally and globally rate continue to rise and inflation remains sticky. Stage 6 loadshedding and record high fuel prices have done nothing to help brighten the mood after…

12 Jul 2022 7AM 25 min

Trade of the Week - SA banks

Join Independent Analyst Loyiso Mpeta, as he takes us through what the charts are telling him about Absa, Nedbank and Standard Bank.

11 Jul 2022 1PM 5 min

Busa warns SA ripe for repeat of 2021 unrest

It has been one year since the July riots occurred in KwaZulu-Natal and Gauteng, and investor confidence still has not been restored , especially in KZN. Businesses remain cautious about investing in the province as conditions have remained the same. Business Unity South Africa meanwhile has warned that the country…

11 Jul 2022 1PM 6 min

Gold Fields sweetens Yamana bid with better payout policy

Gold Fields says its proposed takeover offer of Yamana Gold will allow it to increase its dividend payouts to between 30% and 45% from 20% to 35% previously. This could make the deal more attractive to shareholders who have been skeptical of the move. Business Day TV spoke to CEO…

11 Jul 2022 1PM 8 min

The SARB's Monetary Policy Implementation Framework in focus

Rand Merchant Bank says the change in the SARB's monetary policy implementation framework will have implications for fixed-income investors, as it is likely to result in changes to the supply and demand of certain instruments, and lead to structural adjustments with regards to market reference rates. Business Day TV caught…

8 Jul 2022 11AM 8 min

The Week In Perspective

The country continues to limp along fumbling around in the dark in response to a 15 year old energy crisis. Importantly the NPC has called for a state of emergency to deal with red tape holding us back. ‘Multiple blows leave economy reeling’ and ‘Policy uncertainty at a high’ were…

8 Jul 2022 8AM 25 min