Business News Leaders

Join Giulietta Talevi with Simon Brown at work and this is the week that was

Discombobulated by the public holidays? Not sure what day it is? Well, it's Friday, you were, sadly, at work and this is the week that was! Join Giulietta Talevi, her co-host is Simon Brown and back where he belongs, in the naughty chair is Sasfin Securities' David Shapiro.

4 May 2018 12PM 24 min

Opportunities in the small cap sector

On the line from Cape Town to discuss some of the opportunity the small cap sector is presenting right now and exactly which off the minnows on the JSE are offering value is Anthony Clark from Vunani Securities.

3 May 2018 12PM 20 min

Miners, workers reach historic silicosis settlement

Six years ago, a landmark class-action lawsuit was launched on behalf of miners suffering from silicosis and or tuberculosis as a result of working at African Rainbow Minerals, Anglo American South Africa, AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye-Stillwater from 12 March 1965 to date. The gold-mining companies have…

3 May 2018 12PM 16 min

Absa’s April PMI rises above the 50-point neutral mark

Absa's April PMI has beaten analyst expectations by rebounding to above the neutral 50-point mark coming in at 50.9 - this after the index declined to 46.9 in March. April's PMI gains were largely driven by increases in four of the five key subcomponents. Miyelani Maluleke, Economist at Absa joined…

2 May 2018 12PM 7 min

Trump rejects SA's appeal for tariff exemptions

US President Donald Trump has rejected the country's bid for an exemption from his steel and aluminium tariffs threatening 7500 jobs in the sector - this comes after the vulgar comments the President made about Africa. It is alleged that this move is in retaliation to South Africa voting against…

2 May 2018 12PM 8 min

Business rescue plan for Optimum Coal

Business rescue practitioners to the Gupta linked mines were forced to approach the high court for an urgent interdict after they were barred from the offices of the very companies they intend to rescue. George Nell, Senior Business Rescue Practitioner at Corporate Business Rescue joined us in studio for a…

30 Apr 2018 12PM 6 min

SA operations give Choppies a boost

Choppies SA operations helped buoy the retailer's interim profit 22% 68 million pula or about R85 million. The group reported a significant improvement in the North West stores, in the country, resulting in like for like revenue growth of 43%. But with the retailer still facing strike action across its…

26 Apr 2018 12PM 6 min

SA strike season in full-swing

South Africa has entered its strike season, the country faces pressures from political tensions in the build up to next year's election but as we move into wage negotiations in various sectors, more pressure is building up as most unions oppose the new amendments to the Labour Relations Act and…

26 Apr 2018 12PM 8 min

Christo Wiese to sue Steinhoff for R59bn

Business tycoon and former Steinhoff Chair, Christo Wiese is suing Steinhoff in a bid to recoup the R59 billion cash investment he made into the retailer in 2015 and 2016 via his business, The Titan Group. Christo joined Business Day TV in a telephonic interview to discuss the rationale behind…

26 Apr 2018 12PM 6 min

Crude Reality: The outlook for oil

The price of oil continues to hover at three year highs near $75 a barrel. With market sentiment turning increasingly bullish towards the commodity there ARE some concerns about the sustainability of the rally. Are their legs to this rally, could we see oil reaching $75 a barrel and perhaps…

25 Apr 2018 12PM 20 min

Consumer confidence hits all-time high

First quarter consumer confidence has skyrocketed to an all-time high. This according to the FNB/BER Consumer Confidence Index. The sharp improvement from negative 8 index points to a positive 26 index points is largely driven by the change in the country's leadership with Ramaphoria triggering positive economic developments. Mamello Matikinca,…

25 Apr 2018 12PM 6 min

Urgent capital injection needed - SAA CEO

SAA faced the Standing Committee on Public Accounts in parliament to answer questions around its irregular, fruitless and wasteful expenditure for the 2016/17 financial year. Key takeaways from the sitting is that SAA has debt of more than R9.2 billion and that it needs another capital injection of R5 billion…

24 Apr 2018 12PM 7 min

PSG satisfied with results

Investment holding company, PSG Group released its full-year results today reporting a near 9% decline in headline earnings per share while recurring earnings per share increased by 7% due to stronger performances by most of the group's core investments but weighing in this area is its agricultural holding, Zeder, it…

24 Apr 2018 12PM 7 min

The role of incentives in manufacturing

As South Africa prepares for economic growth, competitive with that of the global market, analysts and policymakers have placed great emphasis on the role of manufacturing in realising that goal. The Manufacturing Indaba 2018 will tackle discussions regarding various government grants, tax incentives and financing opportunities available to manufacturing-specific enterprises…

23 Apr 2018 12PM 7 min

Mantashe to challenge black ownership ruling

The third iteration of the Mining Charter has hit a snag. Mineral Resources Minister, Gwede Mantashe has sought leave to appeal the High Court ruling on the once empowered always empowered principle which stated that the Mining Charter didn't require producers to top up black-shareholding levels if they previously met…

23 Apr 2018 12PM 7 min

Giulietta Talevi and joining them as they sift through the debris is Korner Perspective's Graeme Korner

It's Friday, thank goodness and this is the week that was! Simon Brown, his co host, Giulietta Talevi and joining them as they sift through the debris is Korner Perspective's Graeme Korner.

20 Apr 2018 12PM 25 min

Atlantic Leaf Properties ops to take up UK REIT status

The UK property market has been in focus among investors. With Hammerson losing its suitor, and it, in turn, walking away from Intu Properties. So, what does this tell us about the state of the UK property market and should investors still be interested? Leigh Roberts caught up with Paul…

20 Apr 2018 12PM 7 min

Expropriation without compensation a risk to Ramaphosa's FDI drive

The SA Institute of Race Relations has warned that the president's goal of raising 100 billion dollars in 5 years could be stymied by his land expropriation drive. Leigh Roberts spoke to Research Fellow, Terence Corrigan for more insights.

20 Apr 2018 12PM 7 min

Clicks to open 40 new stores

Health and beauty retailer, Clicks reported its interim results today posting a near 15% rise in earnings - this largely driven by a strong Christmas trade performance which saw health and beauty sales rising by 14.3%, group turnover increased by 10%, the interim dividend is up 14% and the company…

19 Apr 2018 12PM 7 min

Is SA’s investment case strong enough?

President Cyril Ramaphosa is closer to meeting his target of attracting R1.2 trillion in investment after bagging R850 million from the UK. The investment campaign aims to position SA as an investment destination with significant unrealised potential. But with net foreign fixed investment falling to its worst level since the…

19 Apr 2018 12PM 20 min