Business News Leaders

Listen! Consumer resilience in the face of a tough economy

TransUnion's third quarter Consumer Pulse Study shows that shoppers are optimistic about their financial futures despite higher interest rates and high levels of unemployment. Business Day TV unpacked the print with Weihan Sun, Director of Research and Consulting at TransUnion Africa.

8 Sep 2023 8AM 7 min

Listen! Sanlam posts half-year profit surge

South Africa's largest life insurance group Sanlam has posted a 118% jump in half year headline earnings per share as it benefitted from lower death claims. Business Day TV spoke to Abigail Mukhuba, Financial Director at Sanlam for more insight.

7 Sep 2023 1PM 6 min

Listen! Consumer confidence improves but remains fragile

Perceptions of an improving economic outlook boosted South Africa's consumer confidence in the third quarter. But the reading is still well below the long-running average, signalling a lack of willingness for South African consumers to spend. Business Day TV unpacked that print with FNB Chief Economist, Mamello Matikinca-Ngwenya.

7 Sep 2023 11AM 8 min

Listen! The dire state of SA's municipalities

During a recent briefing to Parliament's Standing Committee on the Auditor-General, it was revealed that in the 2021/2022 financial year, South African municipalities racked up R4.74bn in fruitless and wasteful expenditure. This alarming figure underscores the challenges facing local governments, including inadequate skills, financial constraints, governance issues, and a lack…

7 Sep 2023 9AM 16 min

Listen! Zimbabwe elections: SADC observer mission

Most regional leaders have snubbed President Emmerson Mnangagwa's inauguration this week amid a scathing preliminary report by the SADC observer mission, led by Zambia's former VP Nevers Mumba on the recent polls. Business Day TV spoke to Louw Nel, Senior Political Analyst at Oxford Economics Africa for more insight.

7 Sep 2023 9AM 7 min

Listen! The impact of political events in Zimbabwe on SA

Zimbabwe's recent re-election of President Emmerson Mnangagwa has garnered attention and sparked discussions among citizens. According to reports from the Financial Mail, there is a growing consideration among Zimbabweans to move to South Africa, driven by various factors, including economic challenges in the country. Business Day TV spoke to Financial…

7 Sep 2023 8AM 10 min

Listen! Stage 6 load-shedding, too late for an energy bounce-back?

Last month the Energy Bounce-Back Loan Guarantee Scheme was launched to help ease the impact of load shedding, but South Africa is still in the throes of stage 6 rolling blackouts. So just how effective can we expect this scheme to be? Business Day TV spoke to Willie Cronje, Professor…

7 Sep 2023 8AM 6 min

Listen! The state of the beer economy

According to the BER Price/Income Elasticity study, beer prices have increased more than any other type of categories in the liquor market. Business Day Tv caught up with the CEO of South African Breweries, Richard Rivett-Carnac and unpacked the state of the beer economy.

6 Sep 2023 1PM 9 min

Listen! Traders bet on ETF market

Investors are positive on the global ETF market, expecting the industry to triple in the next decade. Business Day TV caught up with Michelle Noth, Head of Financial Intermediaries at 10X Investments for further insight of the factors driving growth in that market.

6 Sep 2023 1PM 6 min

Listen! Gogos turn tech-savvy

Business Day TV pays tribute to the C-suite executives of most South African homes, the gogos. We look into the benefits of bridging the technological gap between South Africa's youth and gogos.

6 Sep 2023 1PM 22 min

Listen! Critical perspective: Africa Climate Summit

The first ever Africa Climate Summit has wrapped up and NGO, Fossil Free SA has highlighted some concerns about the conference. Business Day TV spoke to the body's co-ordinator, David Le Page for more insight.

6 Sep 2023 9AM 10 min

Listen! Business confidence improves but remains weak

The RMB/BER Business Confidence Index has regained some ground in the third quarter with a reading of 33. That's from 27 in the second quarter. But despite the improvement, sentiment is still very weak. To discuss this in more detail, Business Day TV spoke to RMB's Isaah Mhlanga.

6 Sep 2023 8AM 6 min

Listen! Volkswagen reveals electric GTI

Volkswagen has revealed its latest innovation - an electric GTI. The motoring brand is said to have produced a dynamic blend of cutting-edge exterior design, a high-tech interior as well as a thrilling electric performance. Business Day TV spoke to Phuti Mpyane, Senior motoring correspondent for Business Day for more…

6 Sep 2023 7AM 7 min

Listen! Financing growth in SA's SMME sector

The Industrial Development Corporation of South Africa (IDC) is offering a R3 billion credit facility to eligible non-bank intermediaries, to expand its funding reach to black-owned small, medium and micro enterprises (SMMEs), and help address the funding challenges faced by many small businesses. Business Day TV spoke to Sonja Loggenberg,…

5 Sep 2023 1PM 7 min

Listen! Local bonds struggle to gain momentum

South African bonds have taken a knock, as sentiment on emerging market assets soured over the past month on the back of Chinese growth fears. Business Day TV caught up with Bond Trader at RMB, Michelle Wohlberg for more insight.

5 Sep 2023 1PM 7 min

Listen! Shoprite gains 'record' market share

Shoprite has weathered challenging trading conditions. During the annual period the retailer delivered a near 17% jump in sale of merchandise which translated into a 9.6% increase in headline earnings per share. Business Day TV unpacked the annual performance with CEO, Pieter Engelbrecht.

5 Sep 2023 12PM 7 min

Listen! Focus on Africa's inaugural climate summit

Africa's inaugural climate summit is underway in Kenya. Leaders and industry players are meeting to find African solutions to the climate crisis amid the global net-zero emissions journey. Business Day TV spoke to Josephine Wawira from the Kenya Private Sector Alliance for more detail on the agenda at the summit.

5 Sep 2023 9AM 8 min

Listen! Q2 GDP outpaces analyst expectations

South Africa's economy managed to eke out growth 0.6% in the second quarter. This against analyst expectations of a 0.3% lift. The expansion was mainly driven by a 2.2% growth in the manufacturing sector during the period. Business Day TV unpacked the print in greater detail with Kevin Lings, Chief…

5 Sep 2023 9AM 7 min

Listen! IMF says cost of government debt could rise to 27% by 2028

The IMF has warned that South Africa's interest bill on its growing public debt could triple the size of its health budget within five years, and it is projecting a rise in government debt from 19% to 27% by 2028. Despite this, the IMF assesses South Africa's risk of debt…

5 Sep 2023 9AM 7 min

Listen! African Rainbow Minerals profit falls on lower prices, rail woes

Lower production and weaker commodity prices weighed on African Rainbow Minerals' earnings. The diversified miner's annual headline earnings per share fell 21% and it's lowered its dividend by 40%. Business Day TV spoke to Group CEO Phillip Tobias for more detail.

4 Sep 2023 1PM 8 min