Business News Leaders

Artificial Intelligence & Africa's legal landscape

Artificial Intelligence is shaking up Africa's legal landscape. Some nations on the continent have started creating laws to regulate the technology while others still have no clear strategy to help manage it. Business Day TV spoke to Otsile Matlou, COO of ENSAfrica for greater perspective on the legal changes the…

8 Aug 2023 8AM 7 min

Nedbank posts 10% rise in headline earnings

Strong revenue growth along with associate income of 14% gave Nedbank's first half performance a boost. The growth is largely responsible the lenders 10% rise in headline earnings. Nedbank declared an interim dividend of 871 cents which is 11% higher than that of the previous comparable period. Business Day TV…

8 Aug 2023 7AM 8 min

Why are foreign investors dumping South African assets?

The JSE has recorded a 54% jump in foreign outflows, reaching R65 billion in 2023, mainly due to poor investor sentiment and legislative changes. Business Day TV spoke about South Africa's investment landscape with Investment Strategist at RisCura, Glenn Silverman

7 Aug 2023 1PM 6 min

Trade of the Week - Truworths MTN | Anglo Gold Ashanti | Richemont | Multichoice

Unam Capital's Loyiso Mpeta provides tech-analysis on Truworths, MTN, Anglo Gold Ashanti, Richemont, Multichoice and Anglo Platinum

7 Aug 2023 9AM 18 min

Unpacking the Niger coup

In an act of defiance, the Niger Junta have not reinstated President Mohamed Bazoum as per the ECOWAS' deadline to put an end to the coup in the region. Business Day TV unpacked the developments in this regard in greater detail with Everisto Benyera, Associate Professor of African Politics in…

7 Aug 2023 9AM 9 min

ANC Old guard fights marriage of convenience

ANC veterans are challenging the party's power-centric approach and resisting alliances with the EFF and Patriotic Alliance. As concerns rise over coalitions in crucial Gauteng areas, both veterans and the ANC Youth League have demanded a reevaluation of ties with the EFF. Natasha Marrian from Financial Mail spoke to Business…

7 Aug 2023 9AM 11 min

PPC launches new R380 million empowerment deal

PPC has launched a new employee trust that's purchased 10% of the company's share capital, via a loan of R380 million and an additional R975 thousand to help cover the security transfer costs. Business Day TV spoke to Njombo Lekula, MD of PPC SA for more detail.

7 Aug 2023 9AM 7 min

Chicken prices set to rise as tariffs are reinstated

Chicken prices are set to increase. Minister of trade, industry & competition, Ebrahim Patel has gazetted a notice to reintroduce anti-dumping duties on chicken, which were suspended 12-months ago to help protect the local poultry industry. Business Day TV spoke to Izaak Breitenbach, GM for the SA Poultry Association for…

4 Aug 2023 10AM 8 min

Exploring Zambia's energy market

Zambia has not had load-shedding in over a year. This is major progress given that there was a time that the Southern African nation experienced around 12-hours of daily power cuts. Based on this improvement, Business Day TV spoke to Vickson Ncube, Board Chair of the country's power utility, ZESCO…

4 Aug 2023 10AM 13 min

Watch: World Cup: Banyana Banyana & Proteas

South Africa's remarkable week unfolds with sporting triumphs - Banyana Banyana's groundbreaking win against Italy in the Soccer World Cup and an intense draw for Spar Proteas in Netball against New Zealand. Sunday Times Sports Reporter Mahlatse Mphahlele spoke to Business Day TV about the team's journey ahead.

4 Aug 2023 10AM 7 min

Tiger Brands expands footprint in informal sector

Tiger Brands is eyeing the spaza shop market. The company has launched its route-to-market strategy which is aimed at increasing the marketing and supply of its products in the lower end of the market. Business Day TV unpacked the strategy in greater detail with the Route to Market Manager at…

3 Aug 2023 12PM 8 min

Crypto chat - Bitcoin slips under the $30K mark

Bitcoin has kicked off August on a sour note, trading under the $30,000 mark after US lawmakers said that XRP is not a security. Business Day TV discussed the moves playing out in the crypto market with South Africa's country manager at Luno, Christo de Wit.

3 Aug 2023 12PM 5 min

Kenya - a year under Ruto's rule

President William Ruto has been in office for nearly a year. During his reign, the East African nation's macroeconomic conditions have experienced a shift and the three major ratings agencies have downgraded Kenya's credit outlook to negative. Business Day TV assessed Kenya's economic and political landscape under Ruto's rule with…

3 Aug 2023 9AM 8 min

What went wrong for Pick n Pay?

Pick n Pay is grappling with plummeting market share, strategy woes, and it is set to post its first half-year loss. Some investors and retailers believe that the company's situation is linked to the retail company neglecting customer experience as well as executive family-tie management decisions. Business Day TV spoke…

3 Aug 2023 9AM 8 min

Mpact raises dividend as interim profit leaps

Higher selling prices in Mpact's paper business, coupled with increased profitability in the plastics unit gave the packaging group's interim performance a boost. Mpact grew headline earnings per share by 33% and hiked its dividend by nearly 13%. Business Day TV unpacked the performance with the company's CEO Bruce Strong.

3 Aug 2023 9AM 7 min

The JSE's diversification strategy boosts earnings

The JSE's diversification strategy is bearing fruit. Africa's largest stock exchange delivered a 5% rise in half-year revenue and a 12% jump in headline earnings per share, as it benefitted from its focus on new business and growth in net finance income. Business Day TV unpacked the numbers with CEO…

2 Aug 2023 12PM 9 min

ETF market ends July on a strong note

The ETF market has recorded its largest monthly inflow of 2023. In July, inflows rose 9.5% to $58.6 billion, as that market benefitted from the equities rally. Business Day TV caught up with the Head of Client Solutions at 10X Investments, Chirs Rule for further insight.

2 Aug 2023 12PM 7 min

Small-scale canegrowers get R176 million boost

South Africa's black and small-scale sugarcane growers are set to benefit from the South African Sugar Association's R176 million lifeline. This comes amid the industry's struggles with the milling sector crisis and financial shocks. SA Canegrowers CEO, Thomas Funke, joins Business Day TV to unpack the funding in greater detail.

2 Aug 2023 12PM 6 min

Food security in Africa

According to the U.N, more countries are slipping into acute food insecurity. The Horn of Africa notably is one of the worst affected in this regard. Business Day TV spoke to Thabile Nkunjana, Agricultural Economist at the National Agricultural Marketing Council for an in-depth analysis of the state of food…

2 Aug 2023 8AM 9 min

New rules rattle online firms

After an extensive 25 month examination of websites and search engines,South Africa's Competition Commission has released a set of influential suggestions aimed at enhancing fairness and competitiveness within the realm of online retail. Business day Writer, Katherine Child spoke to Business Day TV, unpacking the new rules that are rattling…

2 Aug 2023 8AM 14 min