Business News Leaders

State to fork out R26bn for new SAA

Embattled South African Airways' long-awaited business rescue plan has been released which should pave the way for the carrier to be restructured. Aviation analyst Linden Birns spoke to Business Day TV for some analysis of what has been proposed.v

17 Jun 2020 2AM 4 min

Mboweni calls for zero-based budgeting

Finance minister Tito Mboweni is exploring ways to help the economy emerge from its biggest downturn and he's suggested that government look to zero-based budgeting as an option. Business Day TV caught up with Nazmeera Moola from Ninety One to discuss this proposed approach.

15 Jun 2020 2AM 7 min

Do SA bonds offer value in the current environment?

Foreign investors have been streaming back into South Africa's bond market after a record sell-off in the first five months of the year, and this comes after local bond yields hit five year lows last week. But is this sustainable? Business Day TV touched base with James Turp from Absa…

15 Jun 2020 2AM 4 min

On the Covid Frontline

We may have entered level 3 lockdown but the alert levels, as the community spread of Covid 19 increases, have only risen from green to amber and are approaching red. South Africa has passed through 50,000 infections and 1000 deaths this week. Business Day TV's Michael Avery speaks to Dr…

12 Jun 2020 2AM 25 min

World Bank warns South Africa’s GDP could sink by 7.1%

The World Bank expects South Africa to register a 7.1% contraction this year, due to the COVID-19 pandemic, but some economists think that prediction is way off the mark, and say a larger plunge is on the cards. Business Day TV spoke to Dawie Roodt, Economist at Efficient Group for…

12 Jun 2020 2AM 8 min

Will buyers’ market revive auto industry?

The slump in South African new-vehicle sales slowed in May as dealerships resumed some operations after a lockdown aimed at curbing the spread of the coronavirus pandemic was partially eased. These monthly declines resemble the industry downturn in 2008 and 2009. However, back then, production and public life didn’t largely…

11 Jun 2020 2AM 25 min

ConCourt says independents must be able to stand in elections

Changes to South Africa’s Electoral Act may well be on its way. The Constitutional Court has ruled that the legislation governing elections is unconstitutional, as it does not allow independent candidates to run for office in national and provincial polls. Business Day TV spoke to Lawson Naidoo from the Council…

11 Jun 2020 2AM 8 min

April mining production plunges to worst level recorded

Mining production remains in the doldrums, after plunging to its worst level on record in April. The fall was lead by the Platinum Groups Metals market. Business Day TV spoke to Henk Langenhoven, Chief Economist at the Minerals Council SA for his analysis of the print, and what it suggests…

11 Jun 2020 2AM 7 min

Business morale crashes to record low in the second quarter

Business confidence slumped in the second quarter, with the RMB/BER morale indicator at its lowest level on record. That's as South Africa’s already weak economy grappled with the unprecedented shock of the coronavirus. Business Day TV caught up with the RMB's chief economist Ettienne le Roux, for more detail.

10 Jun 2020 2AM 5 min

Multichoice declares R2.5bn maiden dividend

The spinoff from Naspers has created a new era for Multichoice. As a stand-alone company, the pay-TV operator has realised its first annual profit and declared a maiden dividend of nearly R3 billion. Business Day TV spoke to company’s CEO Calvo Mawela ,for his take on the performance.

10 Jun 2020 2AM 6 min

Sygnia warns of tough next few months

Sygnia's delivered a solid half-year performance. Revenue jumped over 34%, while headline earnings doubled. But the financial services group is warning of tough times ahead, and Business Day TV spoke to CEO Magda Wierzycka for greater perspective on how Sygnia's positioning itself to weather the anticipated storm.

10 Jun 2020 2AM 6 min

Former Public Protector challenges lockdown rules

Thuli Madonsela’s open letter to President Ramaphosa has gone viral, with the former Public Protector challenging the government’s lockdown rules. Business Day TV spoke to Thuli Madonsela for greater perspective regarding that communication.

9 Jun 2020 2AM 14 min

How the property sector is benefitting from easing lockdown rules

Things could be looking up in the property sector. That's as the South African listed property index climbed more than 20% in a week after the government eased lockdown restrictions. Business Day TV caught up with Nedbank Corporate and Investment Banking's Ridwaan Loonat with his take on whether the current…

9 Jun 2020 2AM 4 min

The roads not taken: SA's 4 economic scenarios

Uncertainty around Covid-19 still holds many economies around the globe hostage. In the meantime, various outcomes are being explored by different analysts and researchers. One such researcher, Miriam Altman who is a Commissioner in the National Planning Commission of the SA Presidency spoke to Business Day TV about her four…

8 Jun 2020 2AM 8 min

Will air travel take off post Covid-19?

Under level three lockdown, the airline industry only allows domestic flights for business travel. A slow recovery is expected in the sector as it was already in distress before Covid-19 hit. Business Day TV spoke to Elmar Conradie, CEO of low cost airline, Safair for his outlook on the industry…

8 Jun 2020 2AM 5 min

Alexander Forbes declares special dividend

Alexander Forbes says it will be able to weather the Covid-19 storm, and so it's declared a special dividend of 50c per share. This follows the sale of its short-term insurance business to Momentum Metropolitan Holdings where it received R861m in profit. Business Day TV unpacked the group's annual numbers…

8 Jun 2020 2AM 4 min

Can salary cuts save more jobs?

Treasury has warned of a jobs bloodbath. That’s as it expects the jobless rate to surge by up to 50% due to the economic fallout from the coronavirus pandemic. Momentum, however, says this can be avoided as it proposes salary cuts instead of retrenchments. Business Day TV touched base with…

5 Jun 2020 2AM 7 min

Health of the mining sector amid Covid-19

More than 500 miners have tested positive for the coronavirus and as cases spike, some miners have been forced to close shop in order to contain the spread of the pandemic. Business Day TV spoke to Thutula Balfour, Head of Health at the Minerals Council SA for greater perspective on…

4 Jun 2020 2AM 15 min

Low growth environment weighs on small cap stock

Small cap stocks have been battered with the index losing close to 23% year to date and now with the challenges presented by Covid-19, will these stocks be able to weather the storm? Business Day TV touched base with Nedbank CIB's Avinash Kalkapersad and he shared his view.

4 Jun 2020 2AM 5 min

Is the oil collapse really over?

The oil price hit a three month high today with some suggesting that this may be a sign that the oil price collapse is over. Business Day TV spoke to Ed Moya from Oanda, for his take on the situation.

3 Jun 2020 2AM 5 min