Business News Leaders

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

Africa's passenger air travel en route to fast recovery

The International Air Transport Association (IATA) has issued its outlook for the sector highlighting that Africa remains a difficult market to operate in but despite this, it is also the world's second fastest recovering region for passenger air travel. Business Day TV spoke to Linden Burns from IATA for more…

5 Jun 2023 7AM 8 min

The case for heating up SA's homes with LP gas

Government authorized the LP Gas Strategy for execution a year ago and now, with the electricity crisis seemingly unending, there may be a case to be made for heating SA's houses with LP gas this winter season. Business Day TV unpacked the story in more detail with Business Day reporter,…

5 Jun 2023 7AM 8 min

Sarb alarmed at dwindling appetite for government bonds

Foreign investors are dumping government bonds at an alarming rate as load-shedding darkens the prospects of the economy. The fear is that locals will not be able to offset the gap left by those that have dumped the asset class. Business Day TV discussed the situation and the Sarb's fears…

5 Jun 2023 7AM 8 min

AI in Africa - Practical uses

Artificial Intelligence is expected to boost the global economy by nearly $16 trillion by 2030, amid increased adoption as a means to provide practical solutions for existing challenges. Business Day TV spoke to Sisonke Mgwebi, Consultant at Frost & Sullivan for more insight on the practical uses of AI and…

2 Jun 2023 9AM 7 min

Media wins as court lifts blanket tax secrecy

The Constitutional Court has effectively overturned the absolute norm that tax information must always stay private, regardless of the public interest, in a decision resulting from the Financial Mail and amaBhungane's request for former president Jacob Zuma's tax documents from 2010 to 2018. Business Day TV spoke to Financial Mail…

2 Jun 2023 9AM 8 min

Presidential Climate Commission bets on renewables to end load-shedding

The Presidential Climate Commission says increasing the use of renewables in South Africa's energy mix from 7% to 40% by 2030 should end load-shedding. Business Day TV spoke to Happy Khambule Busa's Environment & Energy Manager, who also sits on that commission, for more detail.

2 Jun 2023 8AM 6 min

Macroeconomic issues knock SA Inc stocks

The JSE All Share has had tough month, as traders made use of a popular adage in the investment world - 'sell in May and go away'. During this period over 20 JSE counters have shed their value. Business Day TV took a closer look at how local equities have…

1 Jun 2023 1PM 7 min

Private equity activity takes a knock

Private equity activity has slowed down this year, due to elevated interest rates which caused a decline in deals and a pullback in funding. Business Day TV discussed this in detail with the Head of Global Private Equity Portfolios at Schroders Capital, Benjamin Alt.

1 Jun 2023 1PM 6 min

Unpacking the PCC's recommendations for SA

The Presidential Climate Commission (PCC) recommends that South Africa needs a modernized electricity system that fosters inclusive economic growth and meets minimum emissions standards. Business Day TV spoke to the Commissioner of the PCC, Lebogang Mulaisi for more detail. Lebogang Mulaisi

1 Jun 2023 12PM 8 min

Unpacking Africa's consumer spending trends

East and West Africa are the continents fast-growing consumer markets. Overall, Africa's consumer market is expected to reach nearly 2 billion by 2030. But with elevated levels of inflation impacting both developed and emerging markets, what do African consumer spending trends reveal about the buying power of shoppers? To find…

1 Jun 2023 8AM 10 min

Absa PMI sinks deeper into contraction territory in May

The Absa PMI edging down to 49.2 in May from 49.8 the previous month indicates a like slight dip, but it means that the index is slowly sinking deeper into contractionary territory. This is due to a notable trend in the deterioration of business conditions over the last four months…

1 Jun 2023 8AM 7 min

AA Predicts Significant Fuel Price Decrease In June

Motorists are set to start the month of June on a high. This as fuel prices are expected to drop significantly despite the weakening rand and fluctuations in international product prices. Business Day TV hosts Layton Beard from the Automotive Association to unpack these predictions

31 May 2023 1PM 9 min