Business News Leaders

What does the future hold for Thungela Resources?

Anglo American is planning to spin out its South African coal business into a new JSE-listed firm that will be known as Thungela Resources. Business Day TV's Alishia Seckam spoke to July Ndlovu, CEO of Anglo Coal and the designated head of the new entity for more detail on the…

8 Apr 2021 2AM 7 min

What are the opportunities around Venture Capital across Africa

In our series of The Future of Business with Nedbank CIB – Host Michael Porter speaks to the Principal of Alternative Equity Investments at Nedbank Corporate and Investment Banking, Zack George, about the never-ending opportunities and possible risks around Venture Capital across Africa.

8 Apr 2021 2AM 5 min

Impact of Mozambique’s terror attacks on national security

Suspected Islamic State-linked insurgent attacks have broken out in the north of Mozambique. The attacks, which have been on the increase since 2017, have claimed lives and impacted many businesses. Business Day TV's Alishia Seckam spoke to Security and Defence Analyst Helmoed Heitman, for a look at what this spells…

8 Apr 2021 2AM 5 min

RMIPPP gaslights energy policy

When Minister of Mineral Resources and Energy, Gwede Mantashe, announced the winning emergency power bidders and opened bid window 5 of the REIPPP, there was a lot of wailing and gnashing of teeth over the inclusion of Turkish power ships in particular. Not so much the technology solution as the…

7 Apr 2021 2AM 30 min

What does the CompCom's market inquiry into public transport reveal?

The Competition Commission has released the findings of its inquiry into the public transport sector, which aimed to understand the state of competition in the industry. Business Day TV's Alishia Seckam unpacked the findings of that investigation with the watchdog's Principal Economist, Thulani Mandiriza.

7 Apr 2021 2AM 7 min

Global economic recovery hopes boost rand

The local unit is hovering near its five-week best as a softer dollar and global economic recovery hopes boost sentiment. Business Day TV's Alishia Seckam caught up with RMB’s John Cairns and he shared more detail on the moves playing out in the currency markets.

7 Apr 2021 2AM 4 min

Eskom-Oracle contractual dispute, what's at stake?

Eskom is in a contractual dispute with its technical services provider Oracle, which claims that the power utility has underpaid it and owes it over R7 billion. Eskom disputes this figure but acknowledges that losing Oracle will have catastrophic consequences. Business Day TV's Alishia Seckam spoke to Sikonathi Mantshantsha, Spokesperson…

7 Apr 2021 2AM 8 min

Oil prices rebound

Oil prices have edged higher, supported by a weaker dollar and optimism over the global economic recovery. Business Day TV's Alishia Seckam spoke to Bjarne Schieldrop from SEB for a look at where the oil price is headed

6 Apr 2021 2AM 4 min

Covid pushes edtech to front of the class

Michael Avery talks to a panel about how edtech has been implemented during in the pandemic and what role will it play post-pandemic?

6 Apr 2021 2AM 27 min

Digital during a pandemic: TymeBank booms

Covid-19 has accelerated digital adoption. TymeBank has managed to attract a record number customers despite the pandemic and the digital bank now boasts a customer base of 3 million. Business Day TV's Alishia Seckam caught up with its CEO Tauriq Keraan for a review of TymeBank’s performance, as well as…

6 Apr 2021 2AM 6 min

How is Edcon's business rescue process progressing?

Nearly a year ago embattled retailer Edcon entered business rescue. The process is daunting at the best of times but for Edcon the timing couldn't have been worse as it coincide​d with government's decision to implement hard lockdown. So a year on, how have things progressed? Business Day TV's Alishia…

6 Apr 2021 2AM 9 min

Animal spirits remain bullish, for now

This is no April Fool’s joke, the local bourse gained nearly 12% in the first quarter of 2021 marking the best first quarter on the JSE in 15 years and making it the best performing market in the world. This, as progress is being made to alleviate the Eskom crisis,…

1 Apr 2021 2AM 24 min

How did Sars manage to collect R38bn more in tax revenue?

The South African Revenue Service (Sars) has collected R38bn more in tax revenue in the 2020/21 financial year than was forecast in the February budget. The better-than-expected outcome comes despite the challenges of dealing with an economy that has been hard hit by the Covid-19 pandemic, which brought economic activity…

1 Apr 2021 2AM 9 min

Q1 sees inflation trump Covid as dominant theme for asset managers

As we look back on the first quarter the dominant theme has undoubtedly been the rise of inflation as the number 1 concern for money managers surpassing concerns about the pandemic for the first time in over a year. Michael Avery hosts Peter Armitage, CEO of Anchor capital; Greg Katzenellenbogen,…

31 Mar 2021 2AM 25 min

Formal sector jobs under pressure

South Africa's latest jobs data paints a grim picture. According to Stats SA, total employment contracted by 5.8% between December 2019 and December 2020. The print comes nearly three years after President Ramaphosa launched the Youth Unemployment Services initiative​, which aims to ease the high level of youth unemployment in…

30 Mar 2021 2AM 7 min

SA seen missing herd immunity target​

Experts have warned that the country is likely to miss its Covid-19 herd immunity target for this year. Business Day TV's Alishia Seckam unpacked that scenario with Alex van den Heever, Health and Social Security Systems Specialist at Wits University.

30 Mar 2021 2AM 5 min

Is Nhlanhla Mazibuko SA's next Elon Musk?

SANentrepreneur Nhlanhla Mazibuko is creating the country's first electric vehicle and with the concept phase already completed he has the country asking whether he is our next Elon Musk? Business Day TV's Alishia Seckam spoke to Nhlanhla Mazibuko, Founder of Mazibuko Motors for more detail on where things are at…

29 Mar 2021 2AM 6 min

Bond market trading eases

Trading activity in the bond market has eased, as a rise in Covid-19 cases weighs on investor sentiment. Business Day TV's Alishia Seckam spoke to RMB’s Michelle Wohlberg for more insight.

29 Mar 2021 2AM 4 min

What will the alcohol industry do if Ramaphosa bans liquor sales again

Speculation is rife that President Cyril Ramaphosa will tighten lockdown regulations over the long weekend to curb the spread of COVID-19. This has the liquor industry gearing up for a battle. The sector is anxious that Ramaphosa will announce another alcohol sales ban but industry players say they are ready…

29 Mar 2021 2AM 5 min

Unblocking the infrastructure pipeline with PPP reform

While the President has sought to leverage infrastructure as the centerpiece of his economic policy since 2018 and now with greater urgency since the Covid Pandemic, a new report commissioned by Business Leadership SA and conducted by consultancy Intellidex shows that Infrastructure investment has fallen sharply over the past six…

29 Mar 2021 2AM 25 min