Business News Leaders

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

Civil society calls on Nersa to reject Eskom's 20.5% tariff hike proposal​

State power firm Eskom says it needs a 20.5% electricity tariff hike in April as it struggles with costs related to Independent Power Producers (IPPs) and carbon taxes. But civil society and the City of Tshwane are pushing back against the proposal as both are concerned that consumers will not…

18 Jan 2022 12PM 9 min

How will Private equity respond to rising rate environment?

The past year has seen exceptional activity for private equity, especially in Africa. With economies across the continent still struggling in the grip of the pandemic after 2020 and vaccine rollouts lagging behind those of developed nations, expectations were set low. But by the end of the first half of…

18 Jan 2022 6AM 26 min

What's next for Adapt IT?

Adapt IT is the first company to have delisted from the JSE this year. This due to a successful takeover bid by Volaris at R7 per share. Volaris now owns almost 64% of business, what does this mean for Adapt IT moving forward? Business Day TV spoke to company's CEO…

17 Jan 2022 11AM 8 min

Eskom inertia remains biggest economic risk

South Africans will soon be facing a possible return to darkness after Eskom warned of looming system constraints, due to the extended unavailability of the Koeberg Nuclear Power Station’s units in 2022 due to planned outages. This as Eskom has applied for an electricity price increase of 20.5% for the…

17 Jan 2022 6AM 27 min

Eskom's interim results show improvement in financial performance

Eskom has posted a significant improvement in its financial results, with a half-year net profit after tax of R9.2bn, compared to breakeven in the prior period. Alishia Seckam spoke to Eskom CEO Andre de Ruyter for more detail on how this was achieved.

15 Dec 2021 12PM 11 min

The themes that drove returns in 2021

As 2021 draws to a close, Alishia Seckam speaks to Old Mutual Wealth investment strategist Izak Odendaal about the themes that drove markets during the course of the year and what themes could shape investment in 2022.

15 Dec 2021 11AM 7 min

The Year of the Tiger – what is in store for the world in 2022 part II?

On Thursday, 5 March 2020, 651 days ago, the National Institute for Communicable Diseases confirmed that a suspected case of COVID-19 had tested positive. It feels like this news report took place years ago and that COVID-19 has been with the world for much, much longer. Now, 21 months into…

15 Dec 2021 6AM 26 min

Market predictions For 2022

Persistent inflation, the Covid-19 pandemic and numerous global headwinds continue to weigh on investor confidence. Business Day TV spoke to John Cairns from RMB for a look at how these themes will drive the direction of markets in 2022.

14 Dec 2021 11AM 8 min