Business News Leaders

Huge Group responds to goodwill overvaluetion concerns?

Huge Group’s goodwill valuation has come under scrutiny amid its pursuit of Adapt IT. Business Day TV spoke to James Herbst, CEO of Huge Group for his take on the valuation concerns.

5 Jul 2021 2AM 6 min

Is there tangible growth in the ecommerce sector

Despite the COVID-19 crisis wreaking havoc on the economy, ecommerce has thrived through the pandemic and set itself on an incredibly promising growth trajectory. Michael Avery talks to Arthur Goldstuck, CEO at World Wide Worx ; Dylan Piatti, MD at Advantage Group International -Africa; Jonathan Smit, MD and founder of…

5 Jul 2021 2AM 26 min

Why BNP Paribas sees a fiscal upside scenario for SA

While the future economic and fiscal impact of the COVID-19 pandemic remains highly uncertain, Jeff Schultz, senior economist at BNP Paribas South Africa, says there are a few bright spots in the economy and that a fiscal upside scenario is on the cards. Schultz joined Business Day TV to further…

2 Jul 2021 2AM 6 min

The week in perspective

In an extraordinary week for South Africa's institutions which saw the Reserve Bank celebrate its centenary as pillar of strength free from political interference, so too did the country's apex court reaffirm the country's commitment to the rule of law and the equality of all before it. That still hasn't…

2 Jul 2021 2AM 23 min

SA's manufacturing sector recovery loses steam

All five sub-components that make up the Absa Purchasing Managers Index (PMI) stayed above the 50-point neutral mark in June, but expected business conditions turned less positive during the period as new sales order and business activity pulled back. Business Day TV's Alishia Seckam unpacked the print with Absa senior…

1 Jul 2021 2AM 5 min

The future of water provision in SA

Business Day TV chats to Redeem Ngadze, Senior Client Coverage Banker from Nedbank CIB about the issue of water provision, infrastructure and the sustainable management of this scarce resource in SA

1 Jul 2021 2AM 7 min

Tax season kicks off

Tax revenue for the 2021/22 year is expected to come in at R1.35 trillion but with job losses, salary cuts and a pick up in immigration as the pandemic rips through the local economy, is this target achievable? To find out, Business Day TV's Alishia Seckam spoke to SARS Commissioner,…

1 Jul 2021 2AM 9 min

The politics of gun control in South Africa

The draft amendments to the Firearms Control Bill 2021, have stirred heated criticism from the gun lobby to the private security industry to ordinary citizens.The Bill should aim to reduce the need to own a gun for personal protection. The proposed amendments purport to tackle South Africa's violent crime epidemic,…

1 Jul 2021 2AM 25 min

Section 12J incentive comes to an end

National Treasury has decided to scrap the 12J tax incentive, citing concerns regarding the effectiveness of the underlying investments in meeting its objectives. Business Day TV's Alishia Seckam caught up with Dino Zuccollo the chairperson of the Section 12J association of South Africa and discussed what this move means for…

30 Jun 2021 2AM 4 min

100 years of the SA reserve Bank

The South African reserve Bank was founded today, exactly 100 years ago. On the long view it has been a vital anchor in SA in often rough political seas over the past one hundred years of SA's economic history. In this period It has built up a excellent reputation for…

30 Jun 2021 2AM 28 min

How Etion’s turnaround efforts have paid off

JSE-listed tech firm Etion has returned to profit after it initiated a turnaround strategy that focused on revenue generation and cost containment. Business Day TV's Alishia Seckam spoke to Etion CEO Richard Wills for more detail.

30 Jun 2021 2AM 6 min

Will SA's restaurants survive the third wave?

South Africa's adjusted alert level four lockdown will weigh heavily on the restaurant industry as eateries are only allowed to operate on a take-away basis. To unpack the impact this will have on the sector, Business Day TV's Alishia Seckam caught up with FNB's restaurant industry specialist, Henk Botha.

30 Jun 2021 2AM 7 min

Why the rand has lost some ground

The rand lost some steam today as it continued to digest President Cyril Ramaphosa's decision to move the country to an adjusted level 4 lockdown for the next two weeks. Business Day TV's Alishia Seckam discussed this in detail with RMB’s Matete Thulare.

29 Jun 2021 2AM 5 min

Why EOH is suing its former executives

EOH is suing its former directors, including ex-CEO Asher Bohbot, for their alleged failure to deal with corruption during their tenure. A statement from the technology firm says the move is a 'significant milestone in EOH's journey towards closing off its inherited legacy issues and holding those responsible for the…

29 Jun 2021 2AM 6 min

Is adjusted level 4 lockdown tight enough?

As the deadly Delta variant rips through South Africa, President Cyril Ramaphosa has moved the country to adjusted level 4 lockdown. But has this move come too late and is it enough to contain the third wave of infections? Business Day TV's Alishia Seckam spoke to the chair of the…

29 Jun 2021 2AM 7 min

AARTO on a collision course with OUTA

South Africa’s road deaths, which average 14 000 every year and are among the highest in the world, have been described as a national crisis. Besides the staggering human death toll, the economic cost of fatal accidents is estimated at R200bn. This is why the Administrative Adjudication of Road Traffic…

29 Jun 2021 2AM 25 min

How Invicta's streamlining efforts have paid off

Invicta believes its streamlining efforts are starting to take effect. The company has reported a return to profit in its year to end-March as it cut debt by over 50%. The firm has also made the decision to resume dividends. Business Day TV's Alishia Seckam caught up with Invicta CEO…

28 Jun 2021 2AM 5 min

Is SA's fourth alcohol sales ban necessary?

In response to the rapid rise in Covid-19 cases, government has taken the decision to ban alcohol sales for the next two weeks. The state believes this will ease the pressure on overburdened hospitals as the move will reduce alcohol-related emergency incidents. But the Beer Association of SA (BASA) says…

28 Jun 2021 2AM 9 min

Remembering Jabu Mabuza

Jabu Mabuza's untimely death due to Covid 19 has taken one the country's finest business leaders too soon. Mabuza is a former Board Chair of Telkom and Eskom and CEO of Tsogo Sun. As was the case when he left Tsogo Sun, Mabuza's hurried departure from Eskom opened other opportunities,…

28 Jun 2021 2AM 26 min

NEASA slams proposed amendment bill to promote equality

Civil society and business groups have raised concerns around proposed changes to the promotion of equality and prevention of unfair discrimination act, which they warn will unfairly harm businesses in South Africa and unfairly benefit and advance certain groups. Rona Bekker whose Senior Policy Advisor at the National Employers Association…

25 Jun 2021 2AM 7 min