Business News Leaders

How B4SA to plans to help with South Africa’s vaccination drive

Business for South Africa is gearing up to help the country with its vaccination drive. The group is hoping to vaccinate 163 000 people a day. This comes as its mobilises the private sector to administer shots at pharmacies, employer premises and large-scale sites developed by medical-insurance providers. Business Day…

16 Apr 2021 2AM 7 min

Covid-19 Business Watch: The week in review

It's been an important week in the continued battle against the Covid pandemic, with the J&J vaccine facing a hurdle that appears to be nothing more than a storm in a teacup. While today, the second phase of the country’s vaccination strategy kicked off with electronic registration for over 60s…

16 Apr 2021 2AM 23 min

SAA appoints Thomas Kgokolo as interim CEO

SAA has appointed Thomas Kgokolo as CEO on an interim basis. The appointment takes SAA's business rescue process one step closer to completion. Business Day TV's Alishia Seckam spoke to Geoffrey Qhena, Interim Board Chair of SAA for more.

15 Apr 2021 2AM 6 min

What does Q2 hold for the JSE?

Global markets have continued to recover from last year's crash, hitting record highs in the first quarter as sentiment was driven by hopes of a vaccine led recovery. The JSE followed suit with the all share gaining 9.93% in the first three months of the year. Business Day TV's Alishia…

15 Apr 2021 2AM 4 min

Can social impact bonds transform SA's social services?

Intellidex has launched a report that assessed the impact of the country's first two social impact bonds, namely Bonds4Jobs and the Impact Bond Innovation Fund. Business Day TV's Alishia Seckam unpacked the findings with Zoheb Khan, Social Economy Research Manager at Intellidex.

15 Apr 2021 2AM 6 min

Supercharging the Battery Minerals Value Chain

The world of mobility is rapidly changing. The market for electric vehicle (EVs), in all their forms, is growing exponentially. Combined with technological disruptions in the energy space, the rise of EVs puts battery technologies at the core of sustainable development. Multiple technologies and chemistries, with their respective advantages and…

15 Apr 2021 2AM 25 min

February retail sales beat analysts expectations

Retail sales bounced back in February coming in 2.3% higher on an annual basis. The uptick was mainly driven by sales of textiles, clothing and footwear, as well as sales at general dealers.​ Business Day TV's Alishia Seckam unpacked the print with Nedbank CIB's Reezwana Sumad.

14 Apr 2021 2AM 4 min

Sasol plots green future

Sasol is working towards a low carbon future.​ The chemicals group has announced two green hydrogen initiatives and Business Day TV's Alishia Seckam spoke to CEO Fleetwood Grobler for more detail.

14 Apr 2021 2AM 6 min

Is EOH's restructuring strategy paying off?

Restructuring efforts have impacted EOH's revenue streams but the strategy shift is bearing fruit to make the technology firm a more sustainable business. Business Day TV's Alishia Seckam spoke to EOH CEO Stephen Van Coller for more detail.

14 Apr 2021 2AM 9 min

Taking the temperature of the SA economy

The IMF has upped its GDP growth forecast for SA in 2021 from 2.8% to 3.1%. The SARB recently raised their 2021 growth forecast from 3.6% to 3.8%, while some private sector economists like Old Mutual think growth this year may be as high as 5%. Yet load shedding bites…

14 Apr 2021 2AM 25 min

Capitec declares hefty dividend

Capitec has declared an interim dividend of R16, despite a slump in headline earnings. The dividend, which is more than double the payout made last year comes as Capitec sees its future profitability driven by customer uptake in digital following solid growth during the period. Business Day TV's Alishia Seckam…

13 Apr 2021 2AM 7 min

Mining output surprises to the upside in February

South African mining production rose by 0.8% in February led by gains in iron ore mining. This marks the first month of growth in mining activity in a year and Business Day TV's Alishia Seckam spoke to Henk Langenhoven, Chief Economist at the Minerals Council SA for a look at…

13 Apr 2021 2AM 6 min

Technology adoption: beyond the Covid hype

The Covid-19 pandemic has disrupted everything from consumer behaviour to supply chains, and the economic fallout is causing further changes. The one thing that we hear about constantly is how technology and digital transformation has been speeded up as a result. But how much of this is true and how…

13 Apr 2021 2AM 26 min

Renergen inks first helium sales deal

Renergen has clinched its first direct helium supply deal with an unnamed global automotive player. The group is also mum on the cost of the lucrative deal but says that by 2024, if you buy a German premium brand car, chances are Renergen will be powering the airbags. Business Day…

12 Apr 2021 2AM 6 min

SAA pilots’ settlement hangs in the air

SAA’s business rescue practitioners are still struggling to secure a payment agreement with the SAA Pilots Association, as the parties have failed to find common ground on the payment calculation method that must applied. Business Day TV's Alishia Seckam spoke to Grant Back, Chair of the Pilots Association for more.

12 Apr 2021 2AM 6 min

Caveat Hodler

There is a new wave of excitement about cryptocurrencies after bitcoin's recent rally pushed the global market cap of cryptos past the $2 trillion mark, but S&P Global Ratings believes they continue to be speculative instruments instead of a means for commerce. And this week Wednesday Coinbase, the largest crypto…

12 Apr 2021 2AM 27 min

New study says booze ban wasn’t needed

Business Unity South Africa is calling on government to assess pandemic related decisions. This comes after an alcohol industry-sponsored study found no evidence that the three coronavirus-induced alcohol bans were the main reason for decreased trauma admissions. Business Day TV spoke to BUSA CEO Cas Coovadia, for more detail.

9 Apr 2021 2AM 7 min

The week in review

US Treasury Secretary Janet Yellen’s global minimum company tax rate idea has poked the hornets’ nest. It is unsurprising as one of the big themes to emerge from the pandemic is the haves versus the have nots and politicians around the world are going to be fixated on closing inequality…

9 Apr 2021 2AM 26 min

Why the soft commodity rally is worrying investors

Soft commodity prices have rallied to near multi-year highs and this has stocked inflation concerns. Business Day TV's Alishia Seckam caught up with Rabobank’s head of agri markets, Carlos Mera to discuss what’s driving the rally and why investors are concerned by the rising prices.

8 Apr 2021 2AM 3 min

AI and the future of work after Covid

An important conversation at a policy and business level as we start to pick through the ways that Covid has changed the business environment for ever, is the impact that Covid has had on labour. The pandemic caused the future of work to arrive early. And in a country with…

8 Apr 2021 2AM 24 min