Business News Leaders

Did the Reserve Bank make a good call to raises rates on inflation concerns?

The SA Reserve Bank’s monetary policy committee raised rates by 25 basis points on Thursday as it highlighted its concerns about rising inflation. The move indicates the slow turnaround from ultra accommodative monetary policy that was implemented to deal with the economic shocks caused by Covid-19. But with SA’s economy…

18 Nov 2021 12PM 8 min

How Life Healthcare has recovered from the impact of Covid-19

Private hospital operator Life Healthcare says its adaption to the Covid-19 pandemic and a strong showing from its international operations helped profits recover during its full year. Alishia Seckam spoke to CEO Peter Wharton-Hood for more detail on the group's operational and financial performance during 2021

18 Nov 2021 12PM 6 min

COP26 |‘GOOD COP, BAD COP'

Welcome, you're watching Climate Conversations on Business Watch with Michael Avery, COP26 has come and gone and we’re discussing whether we’re turning the tide on climate change brought to you by Investec.. It’s been an eye opening 8 week journey through the world of climate science, and politics. We’ve cut…

18 Nov 2021 6AM 28 min

The impact of higher inflation on emerging markets

Fears around rising US inflation are weighing on the dollar carry trade in emerging markets. Alishia Seckam spoke to RMB's Kim Silberman for a better sense on what this means for South Africa, as an emerging market

17 Nov 2021 12PM 3 min

DTIC calls for the promotion on Intra-African trade

The Intra-African Trade Fair, which is currently underway in Durban, aims to improve the ease of doing business on the continent. Business Day TV caught up with the John Rocha, Chief Director of Trade Africa Invest at the Department of Trade, Industry and Competition and discussed the role government is…

17 Nov 2021 12PM 8 min

Spar lifts annual group turnover by 2.9%

Spar has posted a near 3% rise in annual turnover and a 5.4% increase in headline earnings per share, supported by its Irish and Swiss operations. Alishia Seckam unpacked the performance with Spar’s CEO Brett Botten

17 Nov 2021 12PM 8 min

AI in Africa

Welcome to Business Watch and our final panel zooming in on the incredible leaders we have in the field of artificial intelligence in South Africa. Where we’ve been demystifying this buzz word, we’ve been talking about how AI is being applied inside business every day, what the challenges and misconceptions…

17 Nov 2021 6AM 26 min

How SA can accelerate its automotive sector

The Intra-African Trade Fair (IATF) is currently underway in Durban with the event bringing together heads of state and leaders in the private sector to discuss a range of opportunities on the continent. One sector in focus at the IATF is the automotive industry and how it can promote industrialisation…

16 Nov 2021 12PM 8 min

Watch: What’s next for Transaction Capital

South Africa’s biggest taxi financier Transaction Capital says its 2021 earnings have rebounded to well above pre-pandemic levels thanks in part to a stellar performance from it’s debt-collection business. Alishia Seckam spoke to Transaction Capital CEO David Hurwitz about how this balance sheet strength sets the group up for future…

16 Nov 2021 12PM 7 min

Expanded Producer Responsibility

Plastic, glass, paper, most packaging and substrate materials are deeply ingrained in modern society and play a critical role in our day-to-day lives. From food to transport, clothing to technology, leisure to healthcare and sport to culture, it is difficult to imagine a world without these materials. However, one cannot…

16 Nov 2021 5AM 26 min

Vodacom grows customer base, eyes new opportunities

SA’s largest mobile operator Vodacom has added 6.2-million customers to its subscriber base during the six-months to end September. This helped lift group revenue by 4.2% to R49.9bn during the period. Alishia Seckam spoke to Vodacom CEO Shameel Joosub for more detail on this and his outlook for the business

15 Nov 2021 1PM 8 min

How Astral plans to navigate the challenges it’s facing

Over the past financial year, Astral has had to deal with a number of headwinds, including rising feed costs, load shedding, avian flu outbreaks, municipal woes and the civil unrest that hit the country in July. These factors have weighed on the company’s bottom line with annual headline earnings per…

15 Nov 2021 12PM 7 min

The Week In Perspective

The rand broke a two-day losing streak on Thursday as investors welcomed the medium term budget policy statement (MTBPS), staging a mild recovery after falling the most in more than eight months in the previous session. The JSE and local bonds were also heartened by the statement. Finance minister Enoch…

12 Nov 2021 6AM 26 min

Unpacking Godongwana's maiden medium-term budget

Finance minister Enoch Godongwana has tabled his first medium term budget saying that state-owned companies need 'tough love' and a decision on a basic income grant will be made in February. Alishia Seckam spoke to Treasury DG Dondo Mogajane for more detail on what the finance minister presented

11 Nov 2021 1PM 8 min

Alternative investments pick up in SA

South African investors are growing their exposure to the alternative investment space amid an increasingly uncertain environment. Business Day TV spoke to Dino Zuccollo from Westbrooke Alternative Asset Management for his view on the growth trend observed

11 Nov 2021 12PM 6 min

TFG bags half-year profit

Fashion retailer TFG has swung to an interim headline profit as it recovered from Covid-19 lockdown restrictions which forced it to close stores in all the territories it operates in. This weighed on the group's financial but now that the group has recovered, TFG has reinstated dividends and declared a…

11 Nov 2021 12PM 7 min

COP26 | CLIMATE SUMMIT ENTERS SECOND WEEK

Welcome, you're watching Climate Conversations on Business Watch with Michael Avery, COP26 has arrived and we’re discussing whether we’re turning the tide on climate change brought to you by Investec. In an effort to ensure the success of the COP26 climate crisis negotiations and achieve the goal of shifting away…

11 Nov 2021 6AM 26 min

Vodacom and Remgro announce fibre partnership

Remgro and Vodacom have entered into a deal that will see the two entities combine their fibre businesses in a move that will improve access to high-speed internet for SA’s lower income consumers. Business Day TV spoke to CIVH chairman Pieter Uys for more insight

10 Nov 2021 12PM 6 min

Why Vodacom has bought a controlling stake in Vodafone Egypt

SA’s largest mobile operator, Vodacom, has inked a deal to buy a 55% stake in Vodafone Egypt for $2.7bn as the transaction will give the group access to the country’s rapidly expanding ICT market. Business Day TV unpacked the detail of the deal with Vodacom CEO Shameel Joosub

10 Nov 2021 12PM 7 min

Why Eskom needs leadership continuity

Eskom CEO Andre de Ruyter says he will not resign of his own accord as he believes that the state utility needs leadership continuity. His comments come amid calls from the Black Business Council and the National Union of Mineworkers for De Ruyter’s resignation. Business Day TV spoke to De…

10 Nov 2021 12PM 8 min