Business News Leaders

Corruption Watch notes over 2K reports of corruption in 2022

In 2022 Corruption Watch received more than 2,000 reports of corruption. This according to the watchdog’s annual corruption report which reveals that maladministration relating to funding remains the most common among corrupt acts. Business Day TV unpacked the findings of the report with Kavisha Pillay, Head of Stakeholder Relations &…

4 Apr 2023 8AM 8 min

Tax revenue collections cross R2 trillion mark

Sars has delivered record revenue collections, with gross tax revenues coming in at over R2 trillion for the 2022/2023 financial year. The net amount however came in at close to R1.7 billion as Sars paid out more refunds than expected. Business Day TV unpacked the numbers with Sars Commissioner, Edward…

3 Apr 2023 1PM 7 min

BRICS mulls ditching US dollar

Ahead of the BRICS Summit, there have been reports suggesting that emerging market heavyweights - Brazil, Russia, India, China and South Africa are thinking of ditching the US dollar in an attempt to trade with a more common currency. Business Day TV caught up with Chair of the BRICS council…

3 Apr 2023 1PM 12 min

Trade Of The Week - 03 April 2023 | Digital Realty Trust | Tyler Technologies

In this episode, Loyiso Mpeta from Unum Capital gives his analysis of Digital Realty Trust, Tyler Technologies and Arista Networks.

3 Apr 2023 9AM 17 min

Deepening Africa's capital markets

In Africa, one in five countries do not raise enough revenue to meet basic needs and this has created development gaps. According to the International Financial Corporation, the continent's ability to attract foreign investment is rooted in deepening its local capital markets. Guido Haller, Head of Global Markets at Standard…

3 Apr 2023 9AM 6 min

There's a lot on the line for Telkom

Over the past 10 years, Telkom has gone from having the monopoly to being just another telecom player and now needs to invest in 5G wireless technology to remain a significant player in the telecomms landscape. This is according to Business Day's Business Writer, Mudiwa Gavaza. Business Day TV spoke…

3 Apr 2023 9AM 10 min

Factory activity slows further due to load-shedding

After a strong start to the year, the Absa PMI has fallen for a second consecutive month with March's reading coming in at 48.1 index points down from 48.8 index points in February. On the bright side, the index tracking expected business conditions in the next six months suggests that…

3 Apr 2023 8AM 7 min

Omnia to expand its mining footprint in Indonesia

Chemicals, fertilizer and explosives group Omnia, is looking to Indonesia for growth. The group has formed a joint-venture with the county’s second largest company, MNK, to expand its mining footprint. Business Day TV unpacked the deal with Seelan Gobalsamy, CEO of Omnia.

31 Mar 2023 9AM 8 min

State of SA’s economy

South Africa’s economy is in a precarious position. The country is expected to register growth of just 0.2% this year from initial forecasts of over 1%, due to the impact of load-shedding. Business Day TV spoke to Kevin Lings, Chief Economist at Stanlib for his assessment of the local economy.

31 Mar 2023 9AM 11 min

Workforce post profit bump

Workforce has delivered double-digit earnings growth. The firm's annual headline earnings per share increased by 21% to 46.8 cents, while revenue jumped 24%. This was mainly boosted by a strong showing from its human capital, staffing and outsourcing solutions divisions. Business Day TV unpacked the numbers with CEO Ronny Katz.

30 Mar 2023 1PM 5 min

Sarb shocks markets with 50 basis point rate hike

The South African Reserve Bank has exceeded market expectations, raising the repo rate by 50 basis points to 7.75%. Business Day TV unpacked the move with Senior Economist at BNP Paribas, Jeff Schultz.

30 Mar 2023 1PM 7 min

The Big Idea: Focus On SA's Retirement Fund Landscape

Business Day TV unpacks the findings of the 2022 Manager Watch Survey of Retirement Fund Investment Managers published by Alexforbes. The standout feature of this year's report finds that 19 of SA's 20 largest fund managers are considered Level 1 BEE contributors. Michael Avery hosted Janina Slawski, Head of Investment…

30 Mar 2023 10AM 13 min

Will 2024 Be The DA's Year?

The DA has put its focus on the 2024 elections as it gears up for its national elective conference. The opposition party is set to elect a leader this weekend, a move which will also set the tone for how the party deals with coalition agreements before next year's national…

30 Mar 2023 9AM 12 min

Food for thought on CompCom’s food price hike criticism

The Competition Commission has come under fire for calling some food price hikes “opportunistic”. This as sticky inflation, an energy crisis and climate change is largely behind the uptick in food prices. Business Day TV spoke to Thabile Nkunjana, Agricultural economist in the Agro-Food Chains Markets and Economic Research Division…

30 Mar 2023 9AM 8 min

Alibaba plans to split into six units

Chinese e-commerce firm Alibaba, has announced plans to split its $220 billion empire into six units. These businesses will individually raise funds and explore initial public listing options. Business Day TV unpacked the move with Prescient China's Head of Product, Tian Pan.

29 Mar 2023 1PM 9 min

Economists eye 25 basis point rate hike

Economists expect the South African Reserve Bank to hike rates again, that's as inflation remains above the Sarb's target range. Business Day TV spoke to RMB Economist, Siobhan Redford for her expectations.

29 Mar 2023 1PM 4 min

Kenya’s carbon credits market

The global carbon credit market is booming. Kenya is currently ranked eight on the list of countries selling carbon credits from nature-based solutions. Business TV spoke to Karin Boomsma, Project Director at Sustainable Inclusive Business Kenya for more insight and perspective on Kenya’s carbon credit market based on a recent…

29 Mar 2023 10AM 8 min

Expectations For The SARB's MPC Meeting

Economists expect the South African Reserve Bank (SARB) to increase the repo rate by 25 basis points as it looks to rein in inflation. Business Day TV discussed the reasons behind the prediction with Hilary Joffe, Editor-at-Large for Business Day.

29 Mar 2023 10AM 9 min

Slight upswing for salaries in February

According to the BankservAfrica's Take-home Index, the average February nominal take-home pay increased to R15 186 in February but still remains 1.8% lower than what it was during the same period last year. Business Day TV unpacked the index with Independent Economist, Elize Kruger.

29 Mar 2023 10AM 6 min

Crypto chat - The viability of using crypto as a payment method

Analysts across the globe are questioning the viability of using cryptocurrencies as a form of payment. In South Africa, one of country's largest retailers Pick n Pay, is making it possible for customers to pay for items using crypto. Business Day TV caught up with the CFO of Luno Alwyn…

28 Mar 2023 1PM 6 min