Business News Leaders

Government wants ‘credible’ turnaround plan from Eskom before budget

Power utility, Eskom's debt sits at R419 billion and the state-owned company projected to post a record loss of over R15 billion in the year to 31 March but before then, it is said that government wants the power utility to present a credible turnaround strategy before the national budget…

17 Jan 2019 11AM 8 min

SARB keeps rates steady at 6.75%

Well as expected the SARB has kept repo rates unchanged at its first monetary policy meeting for the year. This comes as the Reserve Bank Governor, Lesetja Kganyago said that there was an improvement in the near-term inflation, partly boosted by a decline in global oil prices. And with that…

17 Jan 2019 11AM 6 min

SARB keeps interest rates steady after November's hike

Tertia Jacobs, Treasury Economist at Investec, Elize Kruger, Senior Economist at NKC African Economics and Isaah Mhlanga, Executive Chief Economist at Alexander Forbes joins Alishia to discuss the latest SARB decision.

17 Jan 2019 11AM 8 min

Theresa May suffers crushing Brexit vote defeat

Roughly 72 days before the proposed Brexit date, British Prime Minister Theresa May's Brexit deal suffered defeat and she now faces a vote of no confidence. Where does this leave the process and what are some of the economic implications? Brexit enthusiast, Roger Bootle who is Economist & Chair of…

16 Jan 2019 11AM 6 min

Oil steadies as global economic slowdown looms

Well oil prices took a knock earlier this week, as increasing signs of a global economic slowdown loom. But the Opec-led supply cuts have managed to cushion the blow a little as we've had Brent crude, maintain its price, just above the $60 a barrel level. Ivan Petrella from the…

16 Jan 2019 11AM 5 min

Retail sales up 3.1% Y/Y in November

Retail sales grew at 3.1% year-on-year in November with the largest annual growth rates recorded for retailers in household furniture, appliances and equipment. On a month-on-month basis sales grew 3.3% defying expectations for a modest weakening. Kevin Lings, Chief Economist at Stanlib joins us to discuss what this print suggests…

16 Jan 2019 11AM 7 min

Will digital change the face of SA retail?

Wim Hoogedeure, African Consumer Industries Leader at EY joins us with his perspective on where the retail industry is headed.

5 Dec 2018 9AM 6 min

Construction activity levels recovering Q3 - Afrimat Index

Independent Economist Roelof Botha who compiled Afrimat’s Construction index joins us to discuss the outlook for the sector.

5 Dec 2018 9AM 7 min

SA retail sector down 3% in 2018 - Treherne

Michael Treherne from Vestact joins Business Day TV to discuss how retail stocks have performed under these circumstances.

5 Dec 2018 9AM 4 min

Parliament Committee adopts Eskom Inquiry report

Energy Analyst, Ted Blom joins Business Day TV with his thoughts on the report and the Eskom Inquiry recommendations its made.

28 Nov 2018 4AM 5 min

Tough environment weighs on Arrowhead’s FY results

Arrowhead CFO, Imraan Suleman joins Business Day TV for a closer look at their annual performance results

28 Nov 2018 4AM 6 min

Eskom H1 profit plunges 89%

Eskom's Chair, Jabu Mabuza has alluded to bold steps needed to save the company. Calib Cassim, CFO of Eskom joins Business Day TV on the line for more perspective.

28 Nov 2018 4AM 8 min

ANC seeks to amend section 25 of the constitution

Socio-Political hot potato, economic disaster, investor uncertainty, a necessity to correct past injustices - this just some of the rhetoric associated with the call to expropriate land without compensation. The bottom line however is that land reform cannot be considered in isolation of economic and other factors. For more insight…

21 Nov 2018 7AM 16 min

Pioneer Foods delivers 33% jump in FY HEPS

Pioneer Foods CEO, Tertius Carstens joined Business Day TV on the line to go through the groups annual performance.

19 Nov 2018 4AM 5 min

Netcare's annual profit halves on UK woes

Healthcare group, Netcare released its annual results today and the company's CEO, Richard Friedland spoke about how much pressure exiting the UK alleviates for the company.

19 Nov 2018 4AM 8 min

Astral annual operating profit up 79%

Poultry producer, Astral Foods released its annual results today reporting a 5% increase in revenue while net profit nearly doubled due to lower chicken feed prices. CEO, Chris Schutte joins Business Day TV on the line for perspective on the numbers and whether they can be replicated.

19 Nov 2018 4AM 6 min

Stronger rand weighs on Sappi's FY profit

Paper and pulp maker, Sappi recorded a 4.4% decline in its annual profit. It's CEO, Steve Binnie joins Business Day TV on the line to discuss what these results suggest for the group going forward.

15 Nov 2018 4AM 5 min

Investec posts double digit rise in H1 profit

Hendrik duToit, Co-CEO of Investec joins Business Day TV on the line for some perspective on their latest nterim results released on Thursday.

15 Nov 2018 4AM 7 min

Gauteng mid-term budget tabled at R123.2bn, up from R121.4bn

Barbara Creecy, Gauteng MEC for Finance joins us to discuss the increase in spend and the rationale behind the allocations in terms of keeping the province economically viable.

15 Nov 2018 4AM 8 min

Discovery introduces first behavioural bank

Discovery has released the details of it's banking offering which will rely heavily on its Vitality model. Bronwyn Seaborne sat down with Discovery's CEO Adrian Gore to discuss what will set the group's banking operations apart in this highly competitive environment.

14 Nov 2018 3AM 6 min