Business News Leaders

Retail Recovery

Retailers have been unevenly impacted through the pandemic and are staging an unequal recovery by the looks of things. Several big South African retailers released their Festive Season trading updates recently. While the YoY growth reported was strong, it should be kept in mind that the stricter COVID-19 restrictions in…

3 Feb 2022 7AM 27 min

Ascendis Health not planning to delist

Ascendis Health has no plans on delisting, despite the firm’s plans to sell three of its remaining businesses for R802 million. Business Day TV spoke to the Group CFO and Interim CEO, Cheryl-Jane Kujenga for more detail

2 Feb 2022 11AM 7 min

US tech stocks start the year on a sour note

Tech investors have experienced a wild ride with the Nasdaq recording a 13% decline in January, but a recovery appears to be on the cards with tech firms releasing upbeat fourth quarter earnings. Business Day TV caught up Anchor Capital's Henry Biddlecombe for his take on the performances delivered by…

2 Feb 2022 11AM 7 min

Eskom sheds light on the state of the power grid

Eskom has implemented stage 2 load shedding. That's as breakdowns at the state utility's power stations have put the grid under pressure. State 2 blackouts cost South Africa about R470 million a day, according to recent calculations by Eskom.Business Day TV caught up with Jan Oberholzer, COO of Eskom for…

2 Feb 2022 11AM 8 min

A dram full of gin helps the inflation go down

A slew of European inflation data hit the tapes yesterday and we saw massive moves at the short end of European yield curves as investors started to price a whole 25bps in ECB rate hikes this year . It probably isn’t much consolation that the US isn’t alone in struggling…

2 Feb 2022 7AM 27 min

Rand shakes off last week's market rout

The local unit started the new month on a positive note and made gains on the back of a softer dollar. Business Day TV discussed these moves in detail with RMB’s Fixed Income and Currency Strategist, Varushka Singh

1 Feb 2022 12PM 6 min

The state of coal mining in South Africa

Mineral Resources and Energy Minister Gwede Mantashe has faced backlash for supporting coal mining but some analysts support his stance and say demand for coal will not be slow down anytime soon. Business Day TV spoke to Peter Major Mining Analyst at Mergence Corporate Solutions for his view on the…

1 Feb 2022 12PM 5 min

Factory activity picks up in January

South Africa's manufacturing activity picked up pace in January. Absa's Purchasing Managers Index rose to 57.1 index points from 54.1 in the previous month. The improvement is largely due to a rebound in business activity. Business Day TV discussed the print and the outlook for the sector with Miyelani Maluleke,…

1 Feb 2022 11AM 8 min

Animal Spirits

It was a week full of rough sees in local and global markets last week as the JSE all share gave back -1.84% for the week. Monday's panic selling doing most of the damage. Inflation fears, and interest rate hikes set the scene for selloffs in growth counters, aided by…

1 Feb 2022 6AM 26 min

Spear Reit concludes capital raise

Spear Reit has concluded a capital raise worth R254 million. The group says it will use these funds to acquire more assets in the Western Cape. Business Day TV spoke to CEO Quintin Rossi for more detail.

31 Jan 2022 12PM 9 min

Presidential panel advises against basic income grant

The Presidential Economic Advisory Council (PEAC) has warned against implementing a basic income grant, saying the cost could deepen debt and hinder South Africa’s economic growth. Business Day TV discussed this in greater detail with Duma Gqubule, the founding director of Centre for Economic Development & Transformation

31 Jan 2022 12PM 8 min

The Big Investment Questions of 2022

Rand Swiss recently hosted an excellent crystal ball gazing session and given the volatility in markets, the jitters around how this period of interest rate normalisation is going to play out, the renewed geopolitical tension in Europe, it’s worthwhile doing some forecasting and scenario planning with Gary Booysen, Director and…

31 Jan 2022 6AM 26 min

Festive spending bounces back in 2021

Festive season spending bounced back last year. According to research done by Bankserv, sales in December beat the previous year's levels after jumping by 35% to reach R93 billion. Business Day TV caught up with Mike Schüssler​, Chief Economist at Economists.co.za and discussed some the factors that boosted sales

28 Jan 2022 11AM 4 min

The Week In Perspective

"It's been a remarkable week so far in financial markets and it seems there's still plenty more to come. First Fed Chair Powell set the table with the signal that rates will start rising in the US in March. Then the SA Reserve Bank's monetary policy committee increased its benchmark…

28 Jan 2022 6AM 26 min

Vukile ups its exposure in Spain

Vukile Property Fund is betting on the Spanish property market. Its subsidiary Castellana Properties Socimi has acquired a 21.7% stake in its market peer, Lar España Real Estate Socimi, for around R1.7 billion. Business Day TV discussed the rationale behind the acquisition with Vukile Property Fund's CEO, Laurence Rapp.​

27 Jan 2022 12PM 7 min

Inflation woes prompt Sarb to hike rates

South Africa's Monetary Policy Committee has raised interest rates by 25 basis point. The hike takes the repo rate to 4% and marks the MPC’s second consecutive increase. Business Day TV unpacked the decision with Kevin Lings, Chief Economist at Stanlib

27 Jan 2022 11AM 8 min

The future of the MBA

We live in turbulent and complicated times and business schools are not immune to the uncertainties that now afflict so many aspects of our social and economic lives. Covid just brought forward some of the searching questions around the future of business schools and the much-debated MBA. Top business schools…

27 Jan 2022 6AM 28 min

SIU to probe corruption, maladministration allegations at Telkom

Telkom has been accused of corruption and maladministration. The Special Investiagations Unit will be looking into the allegations which span as far back as 2006 and the probe primarily involves the group's foray into Nigeria and Mauritius with the disposals of iWayAfrica, Africa Online Mauritius and Multi-Links. Business Day TV…

26 Jan 2022 11AM 7 min

Global stocks to watch out for in 2022

Despite some JSE companies delivering good returns, analysts have warned that a number of macroeconomic issues may weigh on the local market and have advised investors to consider global stocks. Business Day TV spoke to the CIO of Old Mutual Wealth Private Client Securities Andrew Dittberner about his top 3…

26 Jan 2022 11AM 8 min

Executive and MBA education in the smart technology era

As we look forward to another year of higher learning, MBA students will soon enter an era of unbelievable opportunities and monumental challenges: the smart machine age, or SMA. The SMA will probably be as, or even more, disruptive for them as the industrial revolution was for their ancestors. Technology…

26 Jan 2022 6AM 26 min