Business News Leaders

TikTok shakes up SA social media 'big five'

South Africa's social media platforms have been shaken up by Tiktok. The short-form video hosting service has a penetration at 57% and is growing in popularity. Business Day TV spoke to Arthur Goldstuck, MD of WorldWideWorx for greater perspective on what this means for businesses and advertising moving forward.

7 Jul 2023 8AM 8 min

SA's cinema market post-Covid

Attendance at Ster-Kinekor is below 50% post the Covid-19 pandemic, as streaming options and online subscription video on demand services became popular during lockdowns. Business Day TV spoke to Mark Sardi, Group CEO of Ster-Kinekor for more insight around South Africa's cinema market.

7 Jul 2023 8AM 11 min

Inflation expectations rise

The cost of living in South Africa is expected to pick up. The Bureau for Economic Research has released its inflation expectations survey, which shows that analysts, business people and trade unions believe that inflation will tick up to 6.5% in 2023. Business Day TV spoke Hugo Pienaar, Chief Economist…

6 Jul 2023 2PM 9 min

BlackRock expects market volatility to persist in 2023

BlackRock has released its mid-year markets outlook. The global asset manager has stuck to its guns, remaining cautious when it comes to navigating global markets, as risks such as tight monetary policy and slowing growth persist. Business Day TV spoke to BlackRock's Global Chief Investment Strategist, Wei Li for more…

6 Jul 2023 1PM 8 min

Crypto chat - Crypto market soars in the first 6-months of 2023

The cryptocurrency market has had an upbeat 2023, with the total market capitalization increasing by more than 50% in the first half. Business Day Tv discussed the factors boosting growth in that market with the SA Country Manager at Luno, Christo de Wit.

6 Jul 2023 1PM 6 min

The Big Idea - AI adoption

We explore the advancing impact of AI on sectors and economies, adoption challenges, private-public sector balance, and workforce skills with a focus on Southern Africa and the global economy at large, we discuss motivations, competitiveness restrictions and regulations. Business Day TV spoke with International AI thought leader, Johan Steyn and…

6 Jul 2023 11AM 18 min

Assessing Tinubu's first month in office

Nigerian President Bola Tinubu has been in office for just over a month. During this time significant economic and policy shifts have been executed such as the scrapping of petrol subsidies and firing Godwin Emefiele as Central Bank Governor. Business Day TV assessed Tinubu's first month in office with Pieter…

6 Jul 2023 11AM 7 min

High court dismisses Zuma's attempt to privately prosecute Ramaphosa

Former President Jacob Zuma's attempt to privately prosecute President Cyril Ramaphosa has been deemed "unlawful and unconstitutional" by the high court. Zuma accused Ramaphosa of being involved in the alleged leaking of confidential medical information. However, the court has dismissed this bid. To provide more insight, Business Day TV spoke…

6 Jul 2023 10AM 8 min

Stanlib CEO highlights pressing issues for asset managers

Stanlib CEO Derrick Msibi has highlighted two main issues impacting asset managers and the economy. Firstly, the rate at which rich South Africans are leaving the country and the two-pot retirement system kicking in next year. Business Day TV spoke to Derrick for more detail on this and how it…

6 Jul 2023 10AM 7 min

The economic impact of untreated mental health conditions

Unaddressed mental health conditions cost the South African economy an estimated R161 billion annually. Business Day TV spoke to Renata Schoeman, Head of Healthcare Leadership at Stellenbosch Business School for more detail.

5 Jul 2023 2PM 8 min

Soft commodity rally fizzles out

The soft commodity rally, which was fueled by the war in Ukraine, has fizzled out. Last week, the asset class recorded losses of 4.5%, with the biggest loser being wheat, sugar and corn. Business Day TV spoke to Rabobank's Paul Joules for his analysis on what's playing out in that…

5 Jul 2023 2PM 6 min

How has Richemont's share adjustment impacted ETFs?

Luxury goods group Richemont, recently adjusted its weighing on the Top40 index, which initially was around 24% and has since decreased to 4%. Business Day TV spoke to Gareth Stobie from 10X Investments about how this has impacted the ETF market.

5 Jul 2023 1PM 9 min

Focus on Africa's China relationship

Trade relations between the China and Africa date back as far back as the 7th century. In 2022, Africa exported goods worth nearly $106bn to China. Business Day TV looked deeper into the Africa-China relationship with Phillip Myburg, Head of Trade for Business and Commercial Banking at Standard Bank.

5 Jul 2023 10AM 7 min

Multichoice investors get French jitters

MultiChoice said in its most recent annual report that Canal+ investment has "garnered ongoing interest of other investors, particularly regarding their intentions". The French company, unlike other investors, has accumulated large chunks of the company, currently owning 31.7% of Multichoice. According to JSE requirements, once investors reach the 35% share…

5 Jul 2023 10AM 8 min

Joburg records highest office vacancy rates in SA

At 18.7%, Johannesburg's office vacancy rate is the highest in the country. This as the sluggish economy weighs on office space demand. Business Day TV spoke to John Loos, Senior Economist for Commercial Property Finance at FNB for greater perspective on what these vacancies suggest about South Africa's labour and…

5 Jul 2023 9AM 8 min

Digging into the new De Beers-Botswana deal

De Beers is set to keep selling rough diamonds from Botswana for another decade, under a new arrangement between the gem giant and the world's second-largest diamond producer. Business Day TV spoke to Mergence's Mining Analyst, Peter Major to get greater detail on the deal.

4 Jul 2023 1PM 8 min

Analysts bet on emerging market currencies

Analysts are betting on emerging markets currencies, after a successful first half. An index compiled by Bloomberg, that measures carry-trade returns from eight emerging markets, climbed 4.7%, with the biggest winners being Mexico's Peso and Hungary's Forint. Business Day TV spoke to RMB's Client Strategist, John Cairns for more detail.

4 Jul 2023 1PM 3 min

Regulation in AI industry

The rise of artificial intelligence has brought a wave of innovation but the trend may be stifled by government regulation. Business Day Tv discussed this in detail with Partner at Webber Wentzel, Wendy Tembedza.

4 Jul 2023 1PM 7 min

Why Africa needs its own ratings agency

Fitch, Moody's and S&P Global are household names with regards to ratings agencies, even in Africa. The three firms boast control of an estimated 95% of the overall global credit ratings business. But according to the UN, their subjective biases have cost the continent nearly $75bn and so Misheck Mutize,…

4 Jul 2023 8AM 9 min

Unions appalled by 3% pay hike for public office bearers

Public office bearers will receive a 3% wage increase. This follows a recommendation by the Independent Commission for the Remuneration of Public Office Bearers. Cosatu has called the increase a "tone deaf and embarrassing decision" that the President should have rejected. Business Day TV spoke to the union's Matthew Parks…

4 Jul 2023 8AM 9 min