Business News Leaders

Bolt eyes electric taxi rollout in SA

On-demand transport group Bolt plans to introduce a green taxi offering to the South African market in the next few months as it looks to make use of electric vehicles in its fleet. Alishia Seckam spoke to Bolt SA regional manager Gareth Taylor for more on the decisions particularly at…

3 Nov 2021 1PM 7 min

Dis-Chem restores interim dividend

Pharmacy group Dis-Chem has reinstated its interim dividend after the firm reported a 35% rise in first-half headline profit. The group says it achieved positive results, continued to take market share and deliver strong cash generation despite a tough economic environment. Alishia Seckam spoke to Dis-Chem CFO Rui Morais for…

3 Nov 2021 1PM 8 min

Local Government – what does the impending marriage of inconvenience mean for business?

With more than half of the votes counted, the outcome of the municipal elections has is shaping up, with the ANC projected to suffer losses across South Africa’s eight metropolitan municipalities. The metros differ substantially from the remaining 256 municipalities in terms of their sheer size, resources and economic activity…

3 Nov 2021 7AM 25 min

Renergen completes drilling at R2D2 well

Renergen has completed drilling at a well called R2D2, with a flow rate of 187,000 standard cubic feet of gas per day. This marks of its more significant gas strikes at its Virginia Gas project. Alishia Seckam spoke to CEO, Stefano Marani for more detail

2 Nov 2021 1PM 8 min

Metals industry strike, load-shedding weigh on PMI

South Africa’s manufacturing sector is showing signs of strain. The Absa PMI lost further ground in October and declined to 53.6 from 54.7 previously, as the impact of load-shedding and the three-week strike in the steel and engineering sector weighed. Alishia Seckam spoke to Miyelani Maluleke, Senior Economist at Absa…

2 Nov 2021 1PM 8 min

In Conversation With Achim Steiner

The moment has come: The Super Bowl of climate change, the Olympics of decarbonization, the Met Gala of nonbinding emission-reduction promises There are great expectations by governments, businesses, and civil society for the Glasgow Climate Conference, or COP 26, as it’s known in the jargon. US Secretary of State John…

2 Nov 2021 8AM 20 min

The Week In Perspective

Asian shares and U.S. stock futures slipped in early trade this morning, as Amazon and Apple quarterly earnings bucked a recent strong trend and growth and inflation fears continued to weigh. Investors, particularly in bond and currency markets, are also worried about varied responses by central banks worldwide to rising…

29 Oct 2021 7AM 26 min

ESG investing continues to gain momentum

Environmental Social and Governance (ESG) investing is gaining in popularity with the industry growing from $3trn in 2010 to $17trn in 2019, according to Overberg Asset Management. Business Day TV spoke to COO and director at Overberg Asset Management, Carel la Cock to find out what’s driving this trend

28 Oct 2021 12PM 4 min

How a slow economic recovery is weighing on Adcorp

Recruitment specialist Adcorp says the slow recovery in economic activity in South Africa and Australia has weighed on its business but the firm has still managed to improve its financials on a continuing operations basis with interim headline earnings per share more than doubling to 27.2c. Alishia Seckam spoke to…

28 Oct 2021 12PM 8 min

EOH posts first operating profit since 2018

Interviews with top CEOs and leaders shaping today's news stories alongside all the latest news that is impacting the markets, business and investments around the world. An Arena Holdings production. Keywords: money, opportunity, business plan, business ideas, business news, income, financial news, industry news and views

28 Oct 2021 11AM 6 min

COP26 | G20

With over 9 million online mentions of COP26 - that’s the UN Climate Change Conference taking place in Glasgow from 31 October to 12 November - already in circulation, you’d be forgiven for feeling a little lost in the hype. We’ve cut through the hype to the real issues so…

28 Oct 2021 8AM 28 min

Famous Brands returns to profit

Famous Brands says its efforts to adapt to Covid-19 operating conditions have helped it return to profit during the group's half year to end August, but the restaurant group's recovery has been slowed by the impact of the civil unrest that took place in July. Alishia Seckam spoke to Famous…

27 Oct 2021 1PM 8 min

SA’s ETP industry is expanding

The popularity of Exchange Traded Products (ETP) is growing with the sector as a whole expanding by just over 13% in the first nine months of this year, according to etfSA.co.za. Business Day TV spoke to etfSA.co.za MD Mike Brown for more detail

27 Oct 2021 12PM 6 min

WATCH: Sipho Pityana takes on banking regulator

Business executive Sipho Pityana has decided to take the banking regulator to court, claiming that it acted unlawfully and this led to his appointment as Absa chair being blocked. Alishia Seckam unpacked the detail of the situation with Pityana.

27 Oct 2021 12PM 9 min

Local government past the tipping point?

It’s almost clichéd to say SA’s municipalities are poorly run. Virtually every Ratings Afrika and Auditor-General survey reminds us of this. The evidence is clear for all to see in the state of our pavements, roads, water and power outages, and signs in disrepair….which all paint a grim picture of…

27 Oct 2021 7AM 26 min

Sibanye-Stillwater gears up for growth in EV market

Sibanye-Stillwater has entered into a $1BN deal to acquire two Brazilian mines as part of the firm’s strategy to build a portfolio of metals critical to electric vehicles. Alishia Seckam spoke to Sibanye-Stillwater CEO Neal Froneman for more detail

26 Oct 2021 1PM 8 min

Why foreigners are snapping up SA bonds

Foreigners have more of an appetite for South African bonds than previously thought, according to new data from the JSE. The bourse says this shows that investors have confidence in government’s policies and have appetite for yields that that are among the highest in emerging markets. Business Day TV unpacked…

26 Oct 2021 12PM 7 min

NEF to support unrest-affected businesses

The National Empowerment Fund (NEF) has committed R722m to help support businesses that were affected by the unrest that gripped Gauteng and KwaZulu-Natal in July. Alishia Seckam spoke to NEF CEO Philisiwe Mthethwa for more detail

26 Oct 2021 12PM 8 min

The great inflation debate

Halloween is around the corner and the bogeyman frightening global markets at the moment is inflation. With some likening what is happening now to the Great Inflation, which was the defining macroeconomic event of the second half of the twentieth century. Over the nearly two decades it lasted, the global…

26 Oct 2021 6AM 28 min

Why Busa wants legal certainty on mandatory vaccines

Business Unity SA (Busa) plans to apply to the high court for a declaratory order on workplace vaccine mandates as a way to ensure that firms are on the right side of the law should they choose to require their staff to be vaccinated against Covid-19. The organisation believes this…

25 Oct 2021 11AM 6 min