Business News Leaders

Big Idea - BEE Schemes in focus

In an effort to promote integration of the minority in economic ownership, South Africa's government put in place the Broad Based Black Economic Empowerment policy. To fulfil this mandate, companies have BEE share reserves for the minority. Business Day TV spoke to Independent economist, Duma Gqubule and political analyst Moeletsi…

8 Jun 2023 2PM 21 min

SA sees alarming rise in illicit trade - TRACIT

South Africa has seen a significant increase in illicit trade and it is costing the economy R100 billion annually. That's according to a recent report by the Transnational Alliance to Combat Illicit Trade. The body says SA lacks effective implementation of laws and resources to tackle the issue, and has…

8 Jun 2023 1PM 9 min

Crypto chat - Bitcoin shrugs off crypto crackdown

US regulators are clamping down on crypto exchange firms and are suing Binance and Coinbase. Despite the legal action, Bitcoin has rallied and crossed the crucial $25,000 mark. Business Day TV discussed the moves at play with Luno's Christo de Wit.

8 Jun 2023 12PM 6 min

SA's municipal meltdown

According to South Africa's Auditor-general Tsakani Maluleke, most of teh country's municipalities are not moving in the right direction. The AG has released a 144 page report, and out of SA's 257 municipalities, only 38 received a clean audit. Fruitless and wasteful expenditure meanwhile has more than doubled to R4.7…

8 Jun 2023 10AM 7 min

Focus on African currencies and inflation

African governments are fighting currency weakness amid elevated levels of inflation. Business Day TV explored the relationship between Africa's forex market and the inflation trajectory in greater detail with Irmgard Erasmus, Senior Financial Economist at Oxford Economics Africa

8 Jun 2023 9AM 7 min

Business joins Ramaphosa's efforts to fix SA

The private sector has teamed up with President Ramaphosa to help fix the country. JSE top 40 executives have been roped in to help tackle the energy crisis, crime and Transnet's rail and port issues. Business Day TV spoke to Martin Kingston, Chair of B4SA for more detail on the…

8 Jun 2023 9AM 9 min

Emira's diversification strategy gives it a boost

Emira's diversification strategy is working in its favour,. The landlord has kept vacancies low at 4.7% and has posted growth in net asset value of just over 4%. The firm says its South African and US portfolios delivered pleasing performances, despite local and global challenges. Business Day TV unpacked the…

7 Jun 2023 1PM 8 min

10X lists first actively managed ETF on the JSE

The ETF market has cheered new JSE regulations, which allow any strategy that can qualify as a unit trust to be able to list on the exchange. 10X Investments has launched and listed its first actively managed ETF. Business Day TV discussed the merits of this move with 10X Investments…

7 Jun 2023 1PM 7 min

Africa's mining sector in the next 20-years

PwC's 20th annual Mine Report looks at developments and themes that are likely to impact the sector over the next 20-years. The green energy transition will shape the trajectory for African miners where rich deposits of critical minerals will offer a boost. Business Day TV spoke to Andries Rossouw, Africa…

7 Jun 2023 11AM 9 min

Eskom burns R8bn of diesel in two months

Eskom has spent 27% of its R30 billion diesel budget in just two months. Business Day TV unpacked what this means for the power utility with energy writer for Business Day, Denene Erasmus.

7 Jun 2023 11AM 7 min

Q2 Business Confidence hits lowest level since 2020

Business confidence has fallen for a fifth consecutive month. At 27 points, the RMB/BER business sentiment is at its lowest level since 2020. This as load-shedding, high interest rates and cost pressures weigh on SA Inc. Business Day TV unpacked the print with Siobhan Redford, Economist at RMB.

7 Jun 2023 11AM 7 min

Premier FMCG delivers double-digit profit growth

Premier FMCG has shrugged off tough trading conditions. The food producer has delivered a near 40% rise in headline earnings per share. That rise was supported by a 23% increase in revenue, which was boosted by its Millbake, Groceries and International divisions. Business Day TV unpacked the company's maiden results…

6 Jun 2023 1PM 8 min

Capprec lifts dividend despite lower profit

Capital Appreciation has hiked its dividend despite a drop in annual profit. The fintech firm posted a 44.5% plunge in headline earnings per share, largely due to a rise in operating expenses. Business Day TV spoke to Capprec's joint-CEO Brad Sacks for more detail.

6 Jun 2023 11AM 8 min

Stock Picks - Nvidia, Google and Microsoft

On this episode of Stock Picks, Vestact's Bright Khumalo discusses Nvidia, Google and Microsoft as counters that enable investors to access growth in AI.

6 Jun 2023 8AM 15 min

Zimbabwe exemption permit expiration looms

At the end of this month the Pretoria High Court will make its ruling on the Zimbabwean Exemption Permit system. If the court rules in Home Affairs' favour these permits will be scrapped, forcing nearly 200,000 Zimbabweans to leave South Africa. In the meantime, many have already spent thousands trying…

6 Jun 2023 8AM 10 min

Lady R probe report will be kept secret

Demands for the release of the Lady R inquiry report have fallen on deaf ears. The investigation into whether the Russian ship was loaded with weapons in December will not be made public. This is according to the Presidency. Meanwhile, opposition party, the Democratic Alliance intends to legally contest this…

6 Jun 2023 8AM 8 min

SA avoid technical recession

SA GDP edged up by 0.4% in the first quarter thanks to gains in the manufacturing industry. This comes despite elevated levels of load-shedding. Business Day TV unpacked the print with Kevin Lings, Chief Economist at Stanlib.

6 Jun 2023 8AM 9 min

OPEC+ tightens global oil supply

OPEC+ nations have agreed to extend oil production cuts into next year.Saudi Arabia will voluntarily reduce output as part of the deal. The kingdom will slash production by 1 million barrels per day from next month. Business Day TV discussed how these moves have impacted oil markets with David Elmes…

5 Jun 2023 1PM 7 min

Oceana lifts dividend as Lucky Star shines

SA's largest fishing company Oceana, has more than doubled its interim dividend to 130 cents, after a strong performance by its Lucky Star brand. Business Day TV unpacked the performance with CEO Neville Brink.

5 Jun 2023 11AM 9 min

Trade of the Week

On this episode of Trade of the Week, Unum Capital's Loyiso Mpeta provides technical analysis on Blue Label, MTN, Telkom and Vodacom.

5 Jun 2023 8AM 17 min