Business News Leaders

Spar's earnings boosted by Irish and Swiss operations

Spar has posted a 52% jump in half-year headline earnings per share driven by strong performances in Ireland and Switzerland. Business Day TV's Alishia Seckam spoke to CEO Brett Botten for his take on the results.

25 May 2021 2AM 8 min

Why the global commodities boom has lost momentum

The global commodities boom hit a wall at the beginning of the week after Chinese officials moved to temper prices and reduce the speculation that has driven markets. Business Day TV's Alishia Seckam discussed the factors at play with RMB's Ettienne van Wyk.

25 May 2021 2AM 5 min

Vaccine Access Across Africa

Covid 19 isn’t the world’s first pandemic and it won’t be the last. And the issue of vaccine access continues to rage. The Aids Healthcare Foundation continues its global ‘Vaccinate Our World’ call-to-action with a virtual press conference held in Johannesburg recently to urge world leaders, vaccine manufacturers, and public…

25 May 2021 2AM 24 min

Acquisitions give Barloworld a boost

Barloworld's new acquisitions have given the company a boost. The group's delivered a 6.5% jump in half-year revenue and headline earnings per share have come in five times higher than the previous period at 367c. Business Day TV's Alishia Seckam caught up with the company's CEO, Dominic Sewela and he…

24 May 2021 2AM 4 min

Netcare recovers as it adapts to Covid-19

Netcare has reported an interim profit from a loss in the previous six months. The private hospital operator attributes the improvement to better management and protocols during the second wave of Covid-19 infections. Business Day TV's Alishia Seckam spoke to CEO Richard Friedland for more detail.

24 May 2021 2AM 8 min

Mobile rings in profit for Telkom

Telkom has posted a 53.4% jump in annual headline earnings per share, driven by its mobile business. Business Day TVs Alishia Seckam unpacked the performance and the company's outlook with Telkom's CEO Sipho Maseko.

24 May 2021 2AM 7 min

South Africa’s TOP 50 brands

Brand Finance Africa released its annual rankings of South Africa’s TOP 50 brands today, which only recorded a 2% (R8.8 billion) decrease in cumulative brand value, from R471.3 billion in 2020 to R462.4 billion in 2021. This resilience is especially evident in the impressive recovery seen on the Johannesburg Stock…

24 May 2021 2AM 27 min

The week in review

Today, Friday May 21, is Tax Freedom Day, when South Africans stop working for the state and start working for themselves. This year it falls two days later than last year, in which it occurred one day later than in 2019. This is alarming because it means the economy contracted…

21 May 2021 2AM 26 min

Dis-Chem resumes dividends

Dis-Chem says it has achieved positive results despite a tough economic environment. The pharmacy group’s posted a near 12% rise in annual earnings and resumed dividend payments. Business Day TV spoke to CFO Rui Morais for more detail.

21 May 2021 2AM 7 min

Tiger Brands resumes dividend despite tough times ahead

Tiger Brands has opted to resume its interim dividend and has declared a payout of R3.20. But the company has warned that trading conditions are likely to remain difficult as the impact of a Covid-19 continues to take its toll. Business Day TV's Alishia Seckam spoke to Tiger Brands CEO…

20 May 2021 2AM 6 min

Reserve Bank leaves rate unchanged

The Reserve Bank has maintained its repurchase rate at a historic low of 3.5%. Governor Lesetja Kganyago says the decision was unanimous, as the Monetary Policy Committee expects inflation to be contained this year. Business Day TV's Alishia Seckam unpacked the decision with Stanlib Chief Economist Kevin Lings.

20 May 2021 2AM 7 min

Democratizing AI

During the pandemic we have heard so much about the enormous promises of technology – and these promises are certainly real. During a discussion Michael Avery had with Vodacom CEO Shameel Joosub, he revealed that, using AI and machine learning, the mobile operator could tell your credit risk based on…

20 May 2021 2AM 25 min

Phase two of SA’s vaccine rollout underway

Discovery is working alongside the government to get South Africans vaccinated and phase two of the vaccine rollout strategy is now underway. Business Day TV's Alishia Seckam spoke to Ryan Noach, CEO of Discovery Health for an update on the process, and what it suggests for herd immunity at this…

19 May 2021 2AM 7 min

Insurance claims amid COVID-19

Liberty has released its 2020 claims data. The statistics show that Liberty paid a total of R12.4 billion in insurance claims during the period and over half a billion of that went towards confirmed Covid-19-related deaths. Business Day TV's Alishia Seckam caught up with Nalen Naidoo, Divisional Executive for Retail…

19 May 2021 2AM 6 min

5am Club and Covid Burnout

Setting a record for self-help books, Robin Sharma’s The 5am Club — Own Your Morning, Elevate Your Life, has been on the SA list of top 10 best-selling books for the past 24 months. This says heaps about what South Africans like to read. While professionals are striving to find…

19 May 2021 2AM 23 min

Has Covid killed 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. Youval Harari cautions…

18 May 2021 2AM 25 min

Data demand continues to boost Vodacom

Vodacom has raised its final dividend by 1.2%. That's as increased data usage and robust demand for the group's financial services helped lift profit during the full year. Business Day TV's Alishia Seckam unpacked the performance with CEO Shameel Joosub.

18 May 2021 2AM 7 min

Moody’s warns of downgrade

Moody’s says South Africa could face another ratings downgrade and has flagged weak economic growth and government's high debt burden as risks. Business Day TV's Alishia Seckam spoke to Lucie Villa, Senior Credit Officer at Moody's for more detail.

18 May 2021 2AM 6 min

Economists expect Sarb to stand pat on rates

Interest rates were cut by a total of 300 basis points last year as the Reserve Bank stepped in to help support the economy following the fallout from Covid-19. But as the vaccine rollout begins and economic activity picks up, what does this spell for monetary policy? To find out…

18 May 2021 2AM 4 min

Astral declares dividend despite earnings knock

Astral has opted to pay an interim dividend of R3 despite the group’s half-year headline earnings per share declining by 37% due to rising feed costs. Business Day TV's Alishia Seckam spoke to CEO Chris Schutte for more detail on the numbers as well as the company’s outlook.

17 May 2021 2AM 10 min