Business News Leaders

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

Opportunities in the local bond market

Despite the prospect of higher interest rates this year, South African bonds are faring well and outperforming its global peers. Business Day TV caught up with RMB's Michelle Wohlberg to discuss why local bonds are in favour.

25 Jan 2022 11AM 7 min

SA is failing in its corruption fighting efforts, says Corruption Watch ​

High levels of corruption are showing no signs of abating, according to Corruption Watch executive director Karam Singh. That's as South Africa has fallen in the Corruption Perceptions Index and ranks 70 out of 180 countries. Business Day TV spoke to Singh for more detail.

25 Jan 2022 11AM 7 min

Gaming Market levels Up

Microsoft’s audacious $69 billion move on games publisher Activision Blizzard has detonated a bomb under the games industry. Along with the proposed deal’s sheer size, the prospect of a tech giant worth more than $US2 trillion making a grab for games industry leadership has prompted breathless speculation about whether it…

25 Jan 2022 6AM 25 min

Court approves Steinhoff's settlement bid

Following news of an accounting scandal in 2017, Steinhoff has been dealing with legal battles that have threatened the company's existence but the retailer can now put those issues to bed. The Western Cape High Court has approved the group's bid to have its near R25bn settlement proposal made final…

24 Jan 2022 12PM 7 min

What is really holding SA back

In an attempt to answer the question of why South Africa’s global competitiveness remains below that which is required to attract investment both local and domestic, former Statistician General and modeler with the Indlulamithi Scenarios and Moeletis Mbeki pointed the finger at executive pay. Just quite how this conclusion is…

24 Jan 2022 6AM 27 min

The Week In Perspective

Mounting expectations of rapid Fed tightening has dominated market sentiment so far this year, but not all central banks are on the same page To put the week into perspective Michael Avery is joined by Warwick Lucas Head of Galileo Securities; Raymond Parsons, professor in the School of Business and…

21 Jan 2022 6AM 25 min

Capitec shares continue to slide on news of proposed BEE deal​

Capitec's share price has come under pressure after the bank indicated that a proposed broad-based BEE (BBBEE) deal for staff could impact earnings. Business Day TV spoke to Capitec co-founder and CFO Andre du Plessis for more detail on the transaction

20 Jan 2022 11AM 7 min

Medical Negligence reform in SA

25% of professional OBGYns are departing private practice due to the high cost of professional indemnity cover, medical malpractice insurance. So we lose a mid-career professional, someone who has studied, gained over fifteen years of experience and could have mentored and trained the junior doctors, who by all accounts require…

20 Jan 2022 6AM 26 min

Are property stocks set to build on last year’s growth?

South Africa’s listed property index hit a nine-year high in 2021. Business Day TV caught up with property analyst at Nedbank CIB, Ridwaan Lonaat for a look at whether this momentum can be sustained in 2022

19 Jan 2022 11AM 6 min

BLSA on Bain's resignation from the organisation

Business Leadership South Africa (BLSA) has accepted consulting firm Bain’s decision to withdraw from the business body, following backlash over its involvement in the capture of the South African Revenue Service (Sars). Business Day TV spoke to Busi Mavuso, CEO of BLSA for more detail

19 Jan 2022 11AM 8 min

PGM Outlook 2022

Our terms of trade was a key positive last year, an important underpin to the rand and remains at elevated levels relative to history which bodes well for the fiscus but is now more than 17% off recent highs. Key export commodities like Iron ore and the PGM’s have rolled…

19 Jan 2022 6AM 29 min

Digging into SA's mining output data

Mining production rose 5.2% year on year in November, beating market expectations for a 3.5% increase. The rise was supported by a surge in the production of Platinum Group Metals (PGM). Business Day TV spoke to RMB economist Siobhan Redford for her analysis of the data and how it positions…

18 Jan 2022 12PM 7 min