Business News Leaders

Higher government spend on infrastructure gives Raubex a boost

Higher levels of government spend, on infrastructure in South Africa, gave Raubex's full-year performance a boost. The construction materials supplier has posted a 31% jump in revenue while headline earnings per share surged 263%. Business Day TV spoke to CEO Rudolf Fourie for more detail.

16 May 2022 1PM 7 min

Higher chicken prices boost Astral

​Improved volumes and selling prices have given Astral a boost. The poultry group has reported a 26% rise in interim revenue while headline earnings per share more than doubled to R14. Business Day TV discussed the company’s performance with CEO Chris Schutte.

16 May 2022 1PM 6 min

The Week In Perspective

Wild swings in equity markets persist with each leg taking the indexes lower over on the US with the S&P now close to confirming bear market territory. Cryptos crashed on unstable coins. Meanwhile the dollar surges and the rand's battle to keep up shows with a loss of 10.8% to…

13 May 2022 8AM 25 min

The state of SA’s mining industry

South Africa’s mining sector has registered its steepest decline in activity in nearly two years, with production for March down 9.3% year-on-year. The release of those figures come as the Mining Indaba in Cape Town draws to a close, where industry players have been discussing the challenges facing the sector…

12 May 2022 1PM 7 min

Cryptocurrency sell-off intensifies

The crypto market has taken strain. The price of Bitcoin has slumped to its lowest level since July 2020, after declining by 28% to below $27,000. Business Day TV caught up with Luno’s Marius Reitz to discuss the moves at play.

12 May 2022 1PM 6 min

Tight paper markets boost Sappi in Q2

Tight paper markets gave Sappi a boost in the second quarter and helped the paper and packaging group return to the black with a profit of $311 million. Business Day TV unpacked the performance with CEO Steve Binnie, who believes the earnings momentum can be maintained.

12 May 2022 1PM 6 min

What is driving M&A activity in Africa’s mining sector?

Africa’s mining sector has seen a rise in merger and acquisition activity, with the sector boasting 38 deals since the start of the year totaling $8.2 billion. Business Day TV spoke to Greg McNab, a Partner and member of the Corporate & Securities Practice Group at Baker McKenzie for more…

11 May 2022 1PM 8 min

ETF purchases take a knock

Demand for Exchange Traded Funds (ETFs) have taken a knock. Global net inflows to ETFs declined to $27.4 billion in April from just over $117 billion previously. Business Day TV spoke to Michelle Noth, Client Coverage Executive at CoreShares about the activity at play.

11 May 2022 1PM 6 min

Exxaro’s digital transformation journey

The use of technology is expected to boost productivity and efficiencies in various sectors, and the mining industry is no different. PWC has noted a pick-up in the use of innovative cutting edge technologies to drive more efficient operations in the local mining industry. Business Day TV spoke to Johan…

11 May 2022 1PM 7 min

Is South Africa in a fiscal death spiral?

That is the trillion rand question in the fixed income market if you are buyer or holder of South African government bonds and more broadly for a major question for all South Africans because if we are, if our debt balloons to unsustainable levels and we have to approach the…

11 May 2022 8AM 26 min

Outlook for South Africa’s auto industry

Covid-19, the war in Ukraine and shortages of key automotive parts pose risks to the motor industry's planned growth. In light of those headwinds, the National Association of Automobile Manufacturers of South Africa has asked for a review of the industry’s masterplan, saying its goals may no longer be feasible…

10 May 2022 12PM 8 min

SA’s agriculture outlook is stable - Kaap Agri

Kaap Agri has posted a near 27% increase in interim revenue, bolstered by surging prices. The agricultural services group says its outlook for the sector remains positive, but has warned that conditions may become increasingly challenging heading into 2023. Business Day TV unpacked the performance with CEO Sean Walsh.

10 May 2022 12PM 8 min

Digging into SA’S mining sector

As the world’s suits in hard hats descend on the Cape Town International Convention Centre for the first in-person Mining Indaba in two years, much has changed in the commodity landscape. But sadly, in SA not much has changed. The South African mining industry is nowhere near getting a new…

10 May 2022 8AM 25 min

Trade Of The Week

Join Independent Analyst, Loyiso Mpeta as he shares technical analysis on the Dollar Index and JSE All Share.

9 May 2022 2PM 5 min

Investing in African Mining Indaba kicks of

The Investing in African Mining indaba takes place at a time when the Fraser Institute has highlighted that South Africa has lost its investment appeal. Business Day TV spoke to Henk Langenhoven, Chief Economist at the Minerals Council SA about changes needed in the sector to improve investor sentiment.

9 May 2022 1PM 7 min

Capco and Shaftesbury confirm merger talks

British landlord, Capital & Counties has confirmed that is in talks with property group Shaftesbury about a merger estimated to be worth £3.5 billion, which will bring Covent Garden and Chinatown under a single owner. Business Day TV caught up Stanlib Property Analyst Ahmed Motara for his analysis on the…

9 May 2022 1PM 8 min

Trade Of The Week

Join Independent Analyst, Loyiso Mpeta as he shares technical analysis on the Dollar Index and JSE All Share.

9 May 2022 1PM 2 min

Animal Spirits

The South African (SA) stock market fell for only the third time in the past 18 months in April, as risk appetite soured globally. There were few places to hide on the local bourse, though coal exporter, Thungela, continued to benefit from surging global energy prices, with the stock up…

9 May 2022 7AM 27 min

The Week In Perspective

A day after celebrating the Federal Reserve’s signal that it wouldn’t be making any big moves, traders woke up on Thursday deciding that the central bank will struggle to fight high inflation amid the lingering threat of a recession. In a sharp about-face, investors sold stocks, bonds and cryptocurrencies on…

6 May 2022 7AM 25 min

Oil prices rise on supply concerns

Oil prices have continued to rise on supply concerns, with the European Union revealing plans for new sanctions against Russia. Business Day TV spoke to David Elmes from the Warwick Business School for further insight.

5 May 2022 12PM 7 min