Business News Leaders

The Great Barrington Declaration

As much of the world gears up for a second round of lockdowns, and restrictions on everyday life grow ever tighter, a group of infectious-disease epidemiologists and public-health scientists have come together to propose an alternative. The Great Barrington Declaration was spearheaded by Martin Kulldorff from Harvard Medical School, Sunetra…

13 Oct 2020 2AM 27 min

Factory output continues to decline

Factory output contracted 10.8% in August, according to StastsSA. This marks the fifteenth month of decline. The print stands in stark contrast to Absa's purchasing manager's index which jumped to a 21-year high in September. Business Day TV caught up with Absa senior economist Miyelani Maluleke to discuss the disconnect…

12 Oct 2020 2AM 7 min

Impact investing more critical than ever post Covid

Due to the impact of COVID-19 on the South Africa economy and particularly the poor, the value of Impact Investing has been amplified and investors realise the integral role it plays as part of their investment portfolio. This is according to Impact Investing South Africa (IISA), who have compiled a…

12 Oct 2020 2AM 25 min

Opportunities in small cap sector

The global pandemic has weighed on many locally listed companies, with smaller companies being hardest hit. Business Day TV caught up with small cap stock analyst, Anthony Clark from Small Talk Daily to find out if there's still opportunity in the sector.

12 Oct 2020 2AM 4 min

What caused Balwin's profit to plunge by more than 50%

Lockdown regulations have weighed on Balwin. The property group had to put construction activity on hold in March and it only picked up again in June. As a result, interim revenue fell by 35%, but despite the knock Balwin has still declared a dividend on 19.6 cents per share. Business…

12 Oct 2020 2AM 6 min

SARB Monetary Policy Review

The Reserve Bank published its biannual Monetary Policy Review (MPR) this week and it’s all about assessing the data to get a better understanding of the road to economic recovery in the aftermath of the Covid induced shutdown of the economy. Michael Avery speaks to George Glynos, Co-Founder, Director and…

9 Oct 2020 2AM 17 min

PPC posts hefty annual loss

Tough trading conditions complicated by the Covid-19 pandemic have weighed on PPC. The cement maker has reported an annual loss of R2.4bn, which is more than twice the size of its market capitalization. Business Day TV caught up with the group's CEO, Roland van Wijnen for more insight on the…

9 Oct 2020 2AM 6 min

Sub-Saharan Africa to suffer first recession in 25-years – World Bank

The World Bank expects Sub-Saharan Africa to suffer its first recession in 25 years as the organisation is forecasting a contraction of 3.3% for 2020. Business Day TV spoke to Albert Zeufack, Chief Economist for the Africa regions at the World Bank for more on what lies ahead for the…

8 Oct 2020 2AM 10 min

Secure Your Retirement

There’s a lot of dross out there masquerading as retirement advice. There’s also a lot of fear if you’re making the transition to retirement now, or are currently drawing down on your living annuity, due to the Covid crash in March and the uncertainty brought about by the pandemic. Michael…

8 Oct 2020 2AM 25 min

Can the mining industry help spur growth?

The 8th Joburg Indaba is currently underway and comes as government pins it’s hopes on the mining sector to reigniting economic growth. Business Day TV spoke to Roger Baxter, the CEO of the Minerals Council of SA for his take on the industry’s prospects.

7 Oct 2020 2AM 7 min

Unions embark on a nationwide strike

Trade union federations have taken their grievances to the streets with a nationwide strike. The aim is to draw attention to socio-economic issues impacting citizens, chief amongst those, corruption and unemployment. Business Day TV spoke to Matthew Parks, Parliamentary Co-ordinator for Cosatu for his take on how things played out.

7 Oct 2020 2AM 7 min

Spotting opportunities on the JSE

Despite the JSE falling short when compared to its international peers, Nedbank CIB still sees buying opportunities on a few fronts. Business Day TV caught up with the Avinash Kalkapersad from Nedbank CIB to discuss more of the detail.

7 Oct 2020 2AM 4 min

SME v Start-up

In the wake of last week’s jobs bloodbath reports, which put South Africa’s jobs lost due to Covid 19 at anywhere between 2,2 and 2,8 million, effectively wiping out a decade’s worth of job growth, the temptation is to say all we need to do is focus on small businesses…

7 Oct 2020 2AM 25 min

Why SAA should partner with Ethiopian Airlines

South Africa should preserve SAA and look to partner the carrier with Ethiopian Airlines, according to a study by African Aviation which was commissioned for ANC MPs. Business Day TV spoke to Nick Fadugba, the CEO of African Aviation and the author of the study to find out what factored…

6 Oct 2020 2AM 9 min

Why credit applications are being rejected

The rejection rate for credit applications hit a record high during lockdown, according to data from the National Credit Regulator. Business Day TV spoke to Bongani Gwexe, supervisor for statistics and research as the National Credit Regulator for his take on what this suggests about the financial wellness of SA's…

6 Oct 2020 2AM 6 min

Powering a mining-led economic recovery

In 2020, the total market cap of JSE listed mining companies increased to R1,28 trillion from R840 billion. A R439 billion or 52%, YOY, increase from 2019, largely attributed to the increase in market capitalisation of companies within the gold and PGM sectors. This is one of the key highlights…

6 Oct 2020 2AM 26 min

How will the US election impact financial markets?

The US election has come into sharp focus as voters will head to the polls in just under a month but how will the outcome impact financial markets? Business Day TV touched base with RMB's John Cairns to find out.

6 Oct 2020 2AM 3 min

Emerging markets recover from initial Covid-19 blow

Emerging markets were dealt a blow this year, as the Covid-19 pandemic fuelled an economic fallout. Business Day TV spoke to Simon Quijano-Evans from Gemcorp ​Capital, for a recap of emerging markets' performance over the past three quarters, as well as the outlook for those economies.

5 Oct 2020 2AM 4 min

Gautrain workers down tools over wage dispute

The Gautrain is embroiled in a wage dispute. Workers affiliated with the National Union of Metal Workers of South Africa, have embarked on an indefinite strike, after the parties failed to find common ground on wage increases. Business Day TV spoke to Gautrain spokesperson Kasagee Nayager for more detail.

5 Oct 2020 2AM 5 min

Business process outsourcing a rare success story

As South Africa looks for growth engines in the wake of the Covid 19 cataclysm we often talk of infrastructure as the major lever we have to pull. But another industry is flying quietly under the radar and could offer some more hope in a country desperately searching for small…

5 Oct 2020 2AM 23 min