Business News Leaders

Where to find value during uncertain times

Canon Asset Managers' Chief Executive Adrian Saville chats to Business Day TV about the JSE listed stocks that he thinks could survive the uncertainty created by Covid-19.

11 May 2020 2AM 5 min

Kicking the bricks of listed property

Listed property has always been viewed as a defensive asset class, a hybrid between bonds and equities. COVID-19, has dispelled this theory – or is the market mispricing this asset? And when will landlords and reatilers see eye-to-eye on rental relief measures? BDTV’s Michael Avery speaks to Estienne de Klerk,…

8 May 2020 2AM 25 min

Equites withholds guidance due to Covid-19 uncertainty

Economic uncertainty linked to COVID-19 has forced Equites to withdraw its distribution forecast for the current financial year and Business Day TV caught up with its CEO Andrea Taverna-Turisan for more insight regarding that decision, as well as how the company is further positioning itself to weather the impact of…

8 May 2020 2AM 6 min

Sappi braces for Covid-19 fallout

Sappi is cutting capital spend by R1.5bn after the price recoveries it had expected failed to materialise in the wake of Covid-19. This has also weighed on its second-quarter profit which plunged 97%. Business Day TV caught up with the group's CEO, Steve Binnie and he shared some detail on…

7 May 2020 2AM 5 min

Innovation in the time of COVID-19

Consumers are cutting their coats to suit their cloths, as the impact of the coronavirus pandemic weighs on disposal incomes, with job losses and salary cuts taking effect. Business confidence on the other hand has hit an all-time low, and innovation by businesses may be key to weathering the pandemic…

7 May 2020 2AM 14 min

What's behind the cigarette ban?

Since government announced last week that the temporary ban on the sale of cigarettes would continue, smokers have condemned the move and major players in the tobacco industry have threatened legal action. With rumours swirling of political conspiracy behind the move what is really going on here? BDTV’s Michael Avery…

6 May 2020 2AM 28 min

Is SA's economic recovery headed in the right direction?

It is apparent that key government ministers still believe the economic effects of the Covid 19 pandemic will be short lived and result in a V shaped return to normal. Business Day TV's Michael Avery speaks to Ann Bernstein, Executive Director, Centre for Development and Enterprise (CDE), economist Duma Gqubule,…

5 May 2020 2AM 26 min

Can the franchise sector bounce back post-lockdown?

The Franchise Association of South Africa recently warned that 75,000 jobs could be at risk due to South Africa's lockdown. Business Day TV spoke to the body's Executive Director Vera Valasis and the CEO of McDonalds SA Greg Solomon, about whether that forecast remains in place, with some restrictions being…

5 May 2020 2AM 11 min

Rand extends gains as easing lockdowns abroad lifts sentiment

Growing optimism around the easing of lockdown measures and the reopening of economies, lifted global market sentiment, and that has filtered through to the local unit. Business Day TV spoke to RMB's John Cairns for more insight regarding the dynamics at play.

5 May 2020 2AM 9 min

Redefine swings into H1 loss, property sector outlook dire

Impairments of close to R6bn have pushed Redefine Properties into the red. That's as the diversified landlord has had to deal with international market volatility and a slowing local economy. The group's distributable income has taken a 32% knock and no dividend has been declared due to uncertainty around Covid-19…

4 May 2020 2AM 13 min

Level 5 lockdown weighs on SA Inc.

Absa's recent PMI print, along with new vehicle sales data for April have offered insight regarding the impact of South Africa's lockdown measures on the economy, and it paints a gloomy picture. Business Day TV spoke to Citadel's Chief Economist, Maarten Ackerman for his view on the current state of…

4 May 2020 2AM 5 min

Is the automotive industry stuck in 1st gear?

Covid 19 has slammed the brakes on the vehicle industry. Business TV's Michael Avery talks to Peter Mountford, the CEO of Super Group about the current issues facing dealerships and automotive manufacturers in South Africa relating to COVID-19.

4 May 2020 2AM 7 min

SA returning to work

For over a month now the economy has been in an induced coma. Co-operative governance & traditional affairs minister Nkosazana Dlamini-Zuma on Wednesday briefed the country on the final regulations for level 4. To talk about how we get the country back to work safely. Business Day TV talks to…

30 Apr 2020 2AM 29 min

Rating SA during the COVID-19 pandemic

S&P Global has downgraded South Africa deeper into junk status. The rating agency now has the country at two rungs below investment grade, due fears around COVID-19 and its impact on the economy. Fitch on the other hand as downgraded five of our local banks. Business Day TV spoke to…

30 Apr 2020 2AM 12 min

Workers Day — Will SAA employees run out of runway?

SAA employees face a looming deadline to choose between the business rescue practitioners’ proposed retrenchment package or a deal agreed to, in principle, with Minister Gordhan and unions. Business Day TV spoke to Aviation Analyst, Linden Birns, Christopher Shabangu, Deputy President of the SA Cabin Crew Association and Spokesperson for…

29 Apr 2020 2AM 14 min

Covid-19 lockdowns weigh on US economy

During the first quarter the US economy suffered its most severe contraction in more than a decade as the country introduced lockdowns to slow the spread of COVID-19 pandemic. Business Day TV analysed the GDP print with Ian Shepherdson from Pantheon Macroeconomics.

29 Apr 2020 2AM 4 min

Covid-19: Has construction hit a dead end?

Some construction and related services will commence on Friday when South Africa eases into level four of the lockdown. The sector was already hard hit pre COVID-19 and while there is an infrastructure fund available to assist, where does it all leave the industry? Business Day TV spoke to Raubex…

28 Apr 2020 2AM 9 min

Do bond yields pose attractive investment opportunities?

Local bond yields are looking attractive but investors are wary, with high yields reflective of the current structural problems. Business Day TV spoke to Michelle Wohlberg from RMB for further insight on the movements at play.

28 Apr 2020 2AM 5 min

Has the lockdown dealt a blow on the short-term insurance sector?

Insurance is all about managing risk. Covid 19 has introduced a whole new level of risk into the equation with factors like job security to simply driving less. Business Day TV spoke to Anton Ossip, CEO of Discovery Insure and Tim Smit, from Cliffe Dekker Hofmeyr for more insight.

24 Apr 2020 2AM 10 min

How Covid-19 is giving Clicks a boost

Covid-19 has given Clicks a boost, as the retailer experienced unprecedented sales demand for hygiene and healthcare products following the announcement of the national lockdown. As a result, health and beauty sales during its half-year grew 9.6% while turnover came in at a similar margin. BDTV spoke to Clicks CEO…

23 Apr 2020 12AM 14 min