Business News Leaders

Can SA still reach its NDP 2030 goals?

South Africa’s economy has been hard hit by the Covid-19 pandemic and the economic climate has brought the viability of the goals, set out by the 2030 National Development Plan, into question. Business Day TV spoke to Xolelwa Kashe-Katiya, Project Director of the Indlulamithi SA Scenarios 2030 to discuss what…

26 Jan 2021 1AM 7 min

Ivermectin impasse

AfriForum has brought an urgent court application against the South African Health Products Regulatory Authority and Health Minister Zweli Mkhize over the use of ivermectin for Covid-19 patients. It says SAHPRA has failed to approve applications by doctors which were brought in terms of Section 21 of the Medicines and…

26 Jan 2021 1AM 26 min

Are South African bonds still attractive?

South African bonds have come out tops over the past five years, delivering returns of 10.4% per annum between 2016 and 2020. But now with numerous risks at play will this trend continue? Business Day TV touched base with Malcolm Charles of Ninety One for his take.

25 Jan 2021 1AM 4 min

Political Party Funding Act takes effect on 1 April

South Africa's Political Funding Act, which was signed into law two years ago, will take effect on April 1st. The legislation calls for transparency from political parties and their donors in terms of funding, and seeks to eradicate corruption and improve accountability in government. Business Day TV spoke to David…

25 Jan 2021 1AM 6 min

Have restaurants been served a raw deal?

While restaurants are able to operate under the adjusted level three lockdown restrictions, trading has become more difficult due to the 9pm curfew, social distancing requirements and the ban on alcohol sales. The industry is also having to deal with new labour rules that will drive up costs by 16%…

25 Jan 2021 1AM 7 min

Lethal cocktail threatens alcohol industry

With no end in sight to the alcohol ban and numbers of Covid infections in the decline South Africa Michael Avery speaks Sibani Mngadi, Chairperson of the SA Liquor Brandowners Association; Lucky Ntimane, Convenor of the National Liquor Traders Council; & Wendy Alberts, CEO of the Restaurants Association of SA,…

25 Jan 2021 1AM 26 min

MPC stands pat on rates

The reserve bank remained cautious at its first monetary policy committee (MPC) meeting for 2021 by deciding to keep the repo rate steady at a record low of 3.5%. Business Day TV caught up with Econometrix chief economist Azar Jammine and Sanlam Investments chief economist Arthur Kamp for a closer…

22 Jan 2021 1AM 14 min

Unions ask companies to hold off on job cuts

The economic impact of covid-19 has filtered through to the job market with a number of firms planning to retrench workers. Unions however don't think this is the way to go, and Fedusa has called for a moratorium on all lay-offs in an effort to preserve jobs. Business Day TV…

22 Jan 2021 1AM 6 min

Vaccines, lies and damn statistics

“A departure from principle in one instance becomes a precedent for a second, that second for a third, and so on 'til the bulk of society is reduced to mere automatons of misery, to have no sensibilities left but for sinning and suffering...and the forehorse of this frightful team is…

22 Jan 2021 1AM 26 min

Why low interest rates bode well for property sector

The MPC at its first meeting for 2021 decided to keep interest rates at record lows and this could bode well for the residential property sector. Business Day TV discussed this in detail with Kobus Lamprecht from Rode & Associates.​

21 Jan 2021 1AM 3 min

SARB MPC Preview

The Reserve Bank’s first interest rate decision of the year is eagerly anticipated with some of the high frequency data pointing to an economic slowdown from the initial jump we saw as last year’s hard lockdown was eased. Michael Avery speaks to Brian Kantor, head of the research institute at…

21 Jan 2021 1AM 25 min

Stocks to watch in 2021

2020 was a gruelling year for investors as markets dealt with the fallout from Covid-19. But now that some calm has returned, what stocks are offering value? Business Day TV caught up with Cannon Asset Managers CEO Adrian Saville to find out.

20 Jan 2021 1AM 4 min

Will Biden look favourably on SA?

President-elect Joe Biden will be sworn in today making him the 46th president of the United States. So what can we expect from the new leader and what will his approach be to SA? Business Day TV spoke to John Stremlau from Wits University's International Relations Department for his take…

20 Jan 2021 1AM 8 min

Investors’ guide to the galaxy in 2021

Don’t panic! Today marks 300 days of the Covid-induced Lockdown in South Africa. We’ve experienced one of the most severe sell-offs in market history with three of the worst trading days recorded (historically) in March alone, as well as the shortest bear market recorded (spanning over just 33 days), and…

20 Jan 2021 1AM 26 min

Sobering effects of SA's liquor sales ban

SAB and Consol Glass have pulled billions worth of capital investments into the country in response to the ban on alcohol sales. This as the companies incur daily losses due to government regulations in this regard. Business Day TV spoke to Richard Rivett-Carnac, Vice President of Finance at SAB and…

19 Jan 2021 1AM 14 min

Covid 19 amplifies ESG role of non-executive directors

As we ease into 2021, it’s clear the Covid crisis is far from over and companies still face tremendous challenges this year as we wait for a vaccine. Boards and non-executive directors are being asked to consider what businesses should look like, to reflect on what the organisation’s purpose is,…

19 Jan 2021 1AM 25 min

Why mining production remains in the doldrums

Mining production continued its downward trend in November with the industry's output contracting 11.6% year-on-year. Business Day TV unpacked the print with Seleho Tsatsi from Anchor Capital.

19 Jan 2021 1AM 3 min

Covid 19 amplifies ESG role of non-executive directors

As we ease into 2021, it’s clear the Covid crisis is far from over and companies still face tremendous challenges this year as we wait for a vaccine. Boards and non-executive directors are being asked to consider what businesses should look like, to reflect on what the organisation’s purpose is,…

19 Jan 2021 1AM 25 min

Why did the rand start off the week on the backfoot?

The local unit kicked off the week on a softer note, as the dollar proved to be resilient. This was mainly supported by weak US economic data and rising coronavirus cases that dampened growth prospects. Business Day TV discussed some of the trends currently at play in the forex markets…

18 Jan 2021 1AM 3 min

Is it a smart move to raise taxes to help pay for vaccines?

Treasury says it’s committed to supporting South Africa’s Covid-19 vaccine drive by funding the programme and this could mean an increase in taxes. Business Day TV spoke to Sharon Smulders, Project Director of Tax Advocacy at Saica for her take on the potential move.

18 Jan 2021 1AM 8 min