Business News Leaders

Strong demand boosts Capital Appreciation

Strong demand for IT products has given Capital Appreciation a boost. The Fintech saw its top-line growing by 34% while headline earnings per share advanced by 30%. Business Day TV unpacked the performance with the company's joint-CEO Brad Sacks.

2 Jun 2022 12PM 7 min

Is ending loadhshedding in 24 months possible?

South Africa, the world’s 13th-biggest source of greenhouse gases, will need to spend $250 billion (about R4-trillion) over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a recent consultation paper. The Blended Finance Taskforce and the Centre for Sustainability Transitions…

2 Jun 2022 8AM 29 min

Absa PMI improves in May

A significant jump in new sales orders underpinned an improvement in the Absa PMI for May, with the headline PMI rising by 4.1 index points to 54.8. Despite the improvement, Absa has cautioned that the sector could experience an output contraction in the second quarter. Business Day TV unpacked the…

1 Jun 2022 1PM 9 min

Motorists take another hefty fuel price hike

South Africans have been hit with another fuel hike, as petrol prices reached a new high of over R24. The increase has however has been cushioned by government, as it extended the fuel levy reduction. Business Day TV discussed the impact this would have on consumers with Layton Beard from…

1 Jun 2022 1PM 5 min

Halfway to COP27 - Are Gov'ts (inc. SA) delivering on their climate promises?

In the wake of the recent KzN floods and the continued slow burning debate about South Africa’s just energy transition the 1st of June is a good day to assess how SA is delivering on its promises in respect of climate change as we are roughly half way to Cop…

1 Jun 2022 7AM 27 min

Famous Brands resumes dividend payments

Famous Brands has restored dividend payments. The payout of R2 per share, follows a 38% rise in revenue and a surge in headline earnings per share to R3.56. Business Day TV unpacked the company's annual performance with CEO Darren Hele.

31 May 2022 1PM 6 min

Why are SA bonds still in favour?

The local bond market is proving to be resilient amidst market volatility, with some asset managers saying that the instruments will provide steady returns in the near term. Business Day TV caught up with RMB's Michelle Wohlberg for her view on South African bonds.​

31 May 2022 1PM 6 min

SA's unemployment rate eases slightly in Q1

South Africa's labour market had a good start to 2022. The country’s unemployment rate declined for the first time in nearly two years, after easing to 34.5% in the first quarter from 35.3%. The community and social services sectors led the job gains while private households shed the most jobs…

31 May 2022 1PM 6 min

Traditional media is dead: long live traditional media

The media landscape for marketers has been moving at rapid speed the last few years. After social media dominated media spend during the pandemic, the latest round of tech results has demonstrated a slowdown in that trend. Locally, media companies are reporting an excellent recovery in results. It’s clear that…

31 May 2022 8AM 26 min

Adcorp’s annual earnings soar

Adcorp has had a strong year with annual headline earnings per share almost tripling to 99.4 cents. The human resources company says it will focus on growth in 2023 by investing in organic and acquisitive growth opportunities to drive business expansion and move up the customer value chain. Business Day…

30 May 2022 12PM 6 min

Technical analysis - Oil price & Baidu

Join Independent Analyst Loyiso Mpeta as he shares technical analysis on the oil price and Baidu.

30 May 2022 12PM 5 min

Can wind and solar energy carry SA's power grid?

Sabotage and further breakdowns at certain generating units have affected Eskom's capacity to keep the lights on. Load shedding is estimated to cost the country R500 million per stage per day, and as those costs rise, calls are mounting for government to declare a state of disaster at Eskom. Business…

30 May 2022 12PM 8 min

Steinhoff's settlement process gives Pepkor a boost

Pepkor has reported muted revenue growth of 3% for the six months to end March. The firm’s operating profit grew 19% during the period, thanks to a R429 million rand boost from the Steinhoff settlement process. Business Day TV caught up with CEO Leon Lourens for more detail on the…

27 May 2022 12PM 7 min

Food security - environmental meets social

At a time when we talk about driverless cars and virtual reality headsets, it's hard to believe that over 2 billion people face regular food security issues. Russia's invasion of Ukraine brought food security issues to our doorstep: agricultural food prices jumped 36.6% yoy in March after rising 28% in…

27 May 2022 9AM 26 min

Will the crypto market bounce back?

2022 has been a rollercoaster ride for crypto markets, with Bitcoin trading below the $30, 000 mark as traders remain concerned about growth and rate hikes by the Federal Reserve. Business Day TV discussed this in detail with Marius Reitz, the General Manager for Africa at Luno.

26 May 2022 1PM 5 min

Life Healthcare takes a profit hit

Life Healthcare has reported a double digit slump in half-year profit, with headline earnings per share coming in 12.7% lower. Despite the decline in earnings, the hospital group has decided to reward shareholders with a dividend of 15 cents per share, saying it remains upbeat about it future prospects. Business…

26 May 2022 12PM 7 min

Improved trading conditions give Nampak a boost

Improved trading conditions gave Nampak’s interim performance a boost. The packaging company has delivered a 24% rise in revenue and an 87% jump in profit for the period. Despite the gains the group has opted not to resume dividend payments. Business Day TV unpacked the results with CEO Erik Smuts.

26 May 2022 12PM 7 min

The Week In Perspective

As the country braces for another record petrol price next week, pressure is rising on the government to find another solution to provide some relief to under pressure consumers. The economic landscape is certainly shifting rapidly. The Monetary Policy Committee’s (MPC) widely expected decision last week to raise borrowing costs…

26 May 2022 9AM 26 min

Vunani’s annual profit soars

Vunani has reported triple digit earnings growth, with profit soaring to R71.1 million. The diversified financial services group benefited from a strong showing by its fund management unit and a recovery at its insurance business. Business Day TV spoke to CEO Butana Khoza for more insight.

25 May 2022 1PM 8 min

Tiger Brands posts lower H1 earnings

Tiger Brands has posted a 2% drop in half year headline earnings per share, saying its performance was impacted by a particularly poor first quarter, driven by significant volume declines in Bakeries and a protracted strike at Snacks and Treats. Business Day TV unpacked the performance with CEO Noel Doyle.

25 May 2022 1PM 6 min