Business News Leaders

Kusile repairs 'on track' but costs rampant

From three generating units being taken offline at the Kusile Power Station, the coal fired power plant is currently operating only one of its units. So, will Kusile be repaired by the end of year? Business Day TV posed this question to Energy Writer for Business Day, Dene Erasmus.

24 May 2023 9AM 8 min

April CPI cooler than expected at 6.8% y/y in April

Falling from 7.1% year-on-year to 6.8% in April, inflation is at its lowest level since May 2022. Despite this, the print remains outside of the Sarb's target range of 3% - 6%. Business Day TV unpacked the data in greater detail with Murendeni Nengovhela, Economist at AlexForbes.

24 May 2023 8AM 7 min

Reserve Bank expected to hike rates again

South Africa's Reserve Bank is expected to hike rates again. Economists have forecast an increase of between 50 and 75 basis points, as the bank seeks to tame inflation and protect the local unit. Business Day TV spoke to RMB's Economist Siobhan Redford for more insight.

23 May 2023 1PM 6 min

Tyme secures cash injection

Tyme Group has secured just under R1.5 billion, from two international investors. The digital banking group will use the funds to further its operations in South Africa and the Philippines, and boost expansion projects. Business Day TV discussed these plans with the company's Co-founder and CEO, Coen Jonker.

23 May 2023 1PM 8 min

Climate change: hot topic at AfDB meetings

As we journey towards net-zero emissions by 2050, climate change tops the agenda at the annual AfDB meetings. Business Day's Economics Writer Thuletho Zwane is in attendance at the meetings in Egypt and Business Day TV caught up with her for more detail on this year's meeting.

23 May 2023 9AM 8 min

SA's political landscape as elections loom

From a ballot of hope in 1994, 29 years of democracy has yielded little prosperity for South Africans as citizens feel the brunt of incompetent service delivery, a power crisis and an overall declining economy. So, will South African citizen's optimism for a comprehensive change be sparked by the national…

23 May 2023 9AM 5 min

Feasibility of a basic income grant for SA

Government is currently mulling the implementation of a basic income grant for unemployed citizens aged 18-35. Business Day TV assessed the feasibility of this move with independent analyst, Roelof Botha.

23 May 2023 9AM 7 min

Load shedding costs eat into Astral's profit

Astral has taken a knock, the poultry producer has recorded an 88% slump in headline earnings per share. This comes after it took a R741 million hit, as it had to pay more for diesel on the back of Eskom's back-to-back power cuts. Business Day TV discussed the company's performance…

22 May 2023 12PM 7 min

Netcare reports a healthy set of interim results

Netcare has recorded double-digit profit growth. The private hospital group delivered a 40% jump in headline earnings per share, mainly due to a recovery in paid patient days. Business Day Tv caught up with the company's CEO Richard Friedland for further insight on the six months that was.

22 May 2023 12PM 7 min

Balwin posts 20% increase in profit

Balwin Properties has posted a 20% increase in annual profit, and strong demand in the Western Cape as semigration continues. Business Day TV spoke to CEO Steve Brookes, for further insight on Balwin's performance.

22 May 2023 12PM 6 min

Trade of the Week

Founder of Herenya Capital, Petri Redingluys chats to Business Day TV about what the charts are telling him about Sibanye-Stillwater, Anglo American Platinum and Investec.

22 May 2023 9AM 22 min

Africa's hotel and hospitality industry set to boom .

According to the 2023 Hotel and Hospitality Industry Confidence Index, the sector is set to boom this year as travel normalises post the pandemic. Business Day TV delved into the details with Laura Vercueil from the Johannesburg Tourism Convention Bureau

22 May 2023 8AM 5 min

Digging into Barlworld's half-year results

At the half-year mark, equipment southern Africa is Barloworld's star performer. The unit has delivered a more than 38% increase in revenue and is largely responsible for driving the groups near 13% rise in interim revenue from continuing operations. Business Day TV unpacked the results in more detail with the…

22 May 2023 8AM 8 min

What happens to Eskom now?

The terms of National Treasury's debt relief programme for Eskom came with strict terms for the state-owned utility and other stakeholders. Business Day TV spoke to Editor-at-large & Columnist for Business Day & Financial Mail Peter Bruce to find out if those conditions are being met.

22 May 2023 8AM 9 min

Investing in Africa’s water and sanitation sector

Africa's set to miss its 2030 target of universal access to safe, affordable drinking water and equitable sanitation, due to an annual investment deficit of nearly $50 billion. Business Day TV spoke to Yaa Ngonyama, Consultant at Frost & Sullivan for more detail.

19 May 2023 9AM 7 min

State of global economy, rising prices in focus at G7 Summit

Leaders of the world's most advanced democracies are meeting in Hiroshima for the 49th G7 Summit. Concerns about the state of the global economy, rising prices and the debt limit crisis in the U.S are expected to feature on this year's agenda. Business Day's Editor-at-Large, Hilary Joffe, joined Business Day…

19 May 2023 9AM 11 min

Dis-Chem boasts double-digit rise in annual earnings.

Retail pharmacy group Dis-Chem has posted a 7% increase in annual revenue and a 17.4% jump in headline earnings per share, despite a tough operating environment. Business Day TV unpacked the results with the company’s CFO, Rui Morais.

19 May 2023 9AM 11 min

Afrimat's annual earnings decline

Afrimat's bottom line has taken a knock. During the full year period the building materials and mining group reported a 15.7% decline in headline earnings per share. This was mainly due to lower iron ore prices, higher input costs and tough economic environment. Business Day TV unpacked the numbers with…

18 May 2023 1PM 7 min

Investec posts profit bump

Investec has delivered double-digit earnings growth, reporting a 25.5% jump in headline earnings per share, while revenue rose 14.6%. This comes as the asset manager and banking group benefited from higher interest rates. Business Day TV discussed the company's numbers with Investec's Group Finance Director, Nishlan Samujh.

18 May 2023 12PM 7 min

Namibia's green energy ambitions

Namibia is pinning its economic hopes on its green hydrogen sector. By 2040 the country expects its energy mix to be dominated by green energy, which has the potential to expand its gross domestic product by more than 30% by 2030. Business Day TV assessed Namibia's green energy ambitions in…

18 May 2023 10AM 7 min