Business News Leaders

Animal Spirits

Michael Avery and Chris Holdsworth, chief investment strategist at Investec Wealth and Investment discuss the animal spirits

7 Apr 2022 8AM 25 min

Are investment holding companies falling out of favour?

The investment holding company model is under scrutiny, as a number of companies had to contend with high share price discounts. Firms like RMI and PSG have decided to abandon the structure and unbundle the stakes it owns in firms it had initially invested in, in an attempt to unlock…

6 Apr 2022 12PM 6 min

PGMs Industry Day kicks off amid supply concerns

The fifth edition of the annual PGMs Industry Day kicked off amid concerns that sanctions against Russia will impact global PGM supply. Business Day TV spoke to Phoevos Pouroulis, CEO of Tharisa Minerals who attended the event for his outlook on the market.

6 Apr 2022 12PM 7 min

Where does state of disaster leave employers?

The question on most employers minds after the National State of Disaster was lifted after two long years by the president on Monday evening is what’s next? As the government races to devise new measures for managing the coronavirus pandemic in order to lift the national state of disaster, health…

6 Apr 2022 7AM 25 min

South Africa's property sector disappoints in Q1

South Africa’s listed property industry has taken a knock, with the industry's index registering a 3% decline over the first quarter of 2022. Business Day TV unpacked the reasoning behind the performance with Stanlib's property analyst, Ahmed Motara.

5 Apr 2022 1PM 7 min

Oil rises on the prospect of fresh sanctions

The oil prices has edged upwards with the US and Europe preparing to impose more sanctions on Russia, following an escalation of the conflict between Russia and Ukraine. Business Day TV discussed this with RMB's commodities trader, Raymond Phillips.

5 Apr 2022 12PM 5 min

Farmers unlikely to feel full benefit of fuel levy cut

Treasury and the Department of Mineral Resources & Energy recently announced a reduction in the general fuel levy but farmers are unlikely to feel the full benefit of the cut, due to certain levy exceptions. Business Day TV spoke to Paul Makube, Senior Agricultural Economist at FNB Agri-Business for more…

5 Apr 2022 12PM 7 min

Corruption rot runs deep

The long journey of over 36 200 whistle-blowers in the fight against corruption in South Africa comes into focus in the 2021 edition of the Corruption Watch (CW) annual report published recently, Pushing for change, as the organisation commemorates 10 years since its establishment in 2012. The past decade reveals…

5 Apr 2022 7AM 19 min

JSE's private placing platform attracts more than R5bn in investments

The JSE's private placing platform is gaining traction, and has managed to attract more than R5 billion in potential investments within three months. Business Day TV caught up with the JSE's head of origination and deals Sam Mokorosi, for more detail.

4 Apr 2022 1PM 7 min

Trade of the week

Join Independent Analyst, Loyiso Mpeta as he shares technical analysis on Hulamin and Growthpoint.

4 Apr 2022 12PM 4 min

SA braces for fuel price increases

Government's emergency intervention in the fuel price means that the upcoming hike will be comparatively muted with regards to petrol. South Africans citizens will be paying 30 cents more for petrol as opposed to nearly R2, but the diesel price will still be rising by that margin. Business Day TV…

4 Apr 2022 12PM 7 min

SMEs BRACE FOR COSTS SURGE

South African businesses face a financial double blow this month as record fuel prices and electricity tariff increases take effect. Yes costs are rising but there is a curious set of events unfolding that could as somewhat contrarian view, offer scope for outside opportunity for local businesses. To talk about…

4 Apr 2022 7AM 27 min

SARS collects R1.564 trillion in 2021/22

The South African Revenue Service (SARS) has releases its preliminary revenue outcome for 2021/22, which shows collections of R1.564 trillion. SARS says the figure represents a surplus of R314 billion against the prior year and has added that collections have been buoyant due to a strong economic recovery, boosted by…

1 Apr 2022 11AM 8 min

The Week In Perspective

We’ve just finished one of the wildest quarters in recent memory with commodities enjoying the strongest start since World War 1. And in an effort to stop corruption the government announced plans to introduce a mirror accounting package in all SOE's where anyone can freely view details of every payment…

1 Apr 2022 7AM 26 min

Cryptocurrency regulation in South Africa

Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption and this has raised alarms about regulation within these regions. The IMF has been one of the institutions saying that more work needs to be done on crypto regulation, especially within the developing market. Business…

31 Mar 2022 1PM 6 min

Workforce holds onto its dividend

Workforce has opted to hold on to its dividend for its 2021 year amid global uncertainty brought by the conflict between Russia and Ukraine. For the year ended December, the firm posted a near 30% rise in rrevenue while core profit jumped 98%. Business Day TV unpacked the results with…

31 Mar 2022 12PM 6 min

Northam Platinum withholds interim dividend

Northam Platinum has withheld its interim dividend, citing the need to consider its growth prospects. The move comes despite a more than 66% jump in profit as the firm benefitted from buoyant metal prices. Business Day TV spoke to CEO Paul Dunne for more detail

31 Mar 2022 11AM 7 min

South Africa's tech startup ecosystem

Technology startups and the venture capital ecosystem that transforms ideas and fledgling companies into disruptive businesses are growing and expanding in Africa. Africa and South Africa enjoys a fertile environment for tech entrepreneurs due to the continent’s youthful and growing population, rising internet penetration, and the application of emerging technologies…

31 Mar 2022 7AM 26 min

Famous Brands bets on plant-based dining market

Famous Brands is betting on the plant-based dining market. The branded food services franchiser has acquired a 51% stake in Lexi's Healthy Eatery for an undiscolsed amount, which gives it access to Lexi's franchise and central kitchen operations. Business Day TV discussed deal with Keith McLachlan, Investment Officer at Integral…

30 Mar 2022 12PM 7 min

South Africa’s jobless rate hits record high

South Africa’s unemployment rate rose to a record high of 35.3% in the last quarter of 2021, with job losses mainly recorded in the manufacturing and construction sectors. Statistics South Africa however still sees light at the end of the tunnel with statistician general Risenga Maluleke saying that employment will…

29 Mar 2022 1PM 8 min