Business News Leaders

Unlocking the future of African mining through clean energy

As the world journeys to net-zero emissions by 2050, a lot of attention is on energy intensive users such as the mining industry which is still largely powered by fossil fuels. Business Day TV spoke to Dom Mills, CEO of SOLA group for his take on unlocking the future of…

6 Feb 2023 9AM 7 min

ANC to appeal court's decision to expose cadre deployment records

The Johannesburg High Court has ordered the ANC to hand over the records of the work of the national cadre deployment committee, within five days. The records relate to the committee's work from January 2013 to January 2021, and according to Sunday Times Live, the order marks a major legal…

6 Feb 2023 9AM 8 min

Digging into Mining Indaba’s agenda

The 2023 Investing in African Mining Indaba is taking place under the theme 'Unlocking African Mining Investment: Stability, Security and Supply'. Business Day TV unpacked the indaba’s agenda with Henk Langenhoven, Chief Economist at the Minerals Council SA.

6 Feb 2023 9AM 8 min

Trade of the week

On Trade of the Week, Unum Hedge Fund Manager, Loyiso Mpeta provides technical analysis of local-based international companies with a focus on Woolworths, Bidcorp and Motus

6 Feb 2023 9AM 14 min

Rand erases Fed gains

Despite the somewhat dovish tone from the Fed, the rand continues to remain volatile. The local unit is trading above the R17 mark to the dollar, as factors like load shedding continue to weigh on sentiment. Business Day TV spoke to RMB's Shehnila Khan for more insight on the moves…

3 Feb 2023 10AM 7 min

Bitcoin rally loses steam

Bitcoin's retreated from its recent rally, with the crypto's price remaining just above the $23,000 mark. Business Day TV discussed the activity playing out on that end with Luno's Christo de Wit.

2 Feb 2023 11AM 4 min

SMEs sector's funding options grow

South Africa's small and medium enterprises (SMEs) account for about 40% of gross domestic product and more than half of private sector jobs but the sector faces a credit gap. Lulalend is looking to help address the SME industry's financing needs, and Business Day TV spoke to the CEO of…

2 Feb 2023 10AM 9 min

Can Tongaat Hulett be saved?

After revelations of R12bn rands' worth of 'artificial sweetener' to its accounts, Tongaat Hullet has seen scandal after scandal. While the group is in the midst of a business rescue process, Gavin Hudson has resigned as CEO and with over 500, 000 people dependent on its survival, Financial Mail's Editor,…

2 Feb 2023 8AM 8 min

The IMF raise South Africa's growth forecast

Despite rolling blackouts, the International Monetary Fund is quite positive about South Africa's growth prospects. That's as it lifted SA's economic outlook, pegging growth at 1.2% for 2023. Business Day TV caught up with the IMF's Max Alier and he shared insight on the group's outlook.

1 Feb 2023 3PM 7 min

SA's power crisis - investing in alternative energy

South Africa is experiencing a power crisis that is weighing on the economy. Business Day TV spoke to Alan Dickson, CEO of Reunert for a look at how the group is handling the impact of loadshedding and whether its investment in alternative energy is proving to be beneficial.

1 Feb 2023 11AM 9 min

Focus on SA’s best-selling cars

South Africa’s new vehicle sales market is improving, and Toyota is the brand of choice. Business Day TV spoke to Denis Dropa, Group Motoring Editor at Arena Holdings for an analysis of the country’s top three selling cars.

1 Feb 2023 10AM 7 min

The damage caused by Illegal Tobacco Trade

Illicit trade in South Africa has surged, fueled in part by the Covid-19 pandemic and a steep rise in the cost of living. Business Day TV caught up with Sinenhlanhla Mnguni, Chair of the Fair-Trade Independent Tobacco Association and Johann van Loggerenberg, former SARS Executive & Author of Tobacco Wars…

31 Jan 2023 12PM 19 min

SA government considers mechanisms to help with rising cost of living

President Cyril Ramaphosa says the increasing price of electricity will add to the difficulties South Africans are already facing. In his newsletter, President Ramaphosa stated that government is considering additional mechanisms to address the rising cost of electricity. Sunday Times reporter, Sisanda Mbolekwaspoke to Business Day TV about the issue.

31 Jan 2023 8AM 7 min

Tracking companies' performance during bear and bull markets

Equities have been dealt a number of blows over the past three years. Headwinds like Covid-19, the war in Ukraine and recession talks, have sent markets into bear territory and contributed to a big drop in stock prices. Business Day TV discussed how listed firms behave in bear and bull…

30 Jan 2023 12PM 16 min

Trade of the week - Apple | Regeneron Pharmaceuticals | 3M Company

Independent analyst, Loyiso Mpeta gives insight into what the charts are saying for Apple, Regeneron Pharmaceuticals and 3M Company.

30 Jan 2023 9AM 17 min

MTN to dispute Ghana tax bill

The Ghanaian government alleges that MTN under-declared its revenue by 30% in the 2014 to 2018 period. Earlier this month, the mobile operator announced that it was facing a tax assessment by the Ghana Revenue Authority. MTN has vowed to fight the tax claim in Ghana, stating that the rand…

30 Jan 2023 9AM 8 min

Is the Sarb's rate hiking spree nearing an end?

The South African Reserve bank has slowed the pace of rate hikes at its first meeting of the year. The majority of the MPC agreed on a 25 basis point increase pushing the repo rate to 7.25%. Business Day TV spoke to Senior Economist at FNB, Koketso Mano for her…

26 Jan 2023 12PM 7 min

Sugar industry begs for support as it faces loss

SA Canegrowers is appealing to the government to put short-term measures in place to mitigate the impact of load shedding on the industry. The request comes as the sector is set to lose more than R700 million this year due to load-shedding. Business Day TV caught up with the Chairperson…

26 Jan 2023 10AM 7 min

Fortress loses its REIT status

The JSE has stripped Fortress of it REIT status, saying the property company no longer meets its minimum requirements. This follows a tussle between shareholders and executives, as they failed to reach an agreement on Fortress’ dual share structure. Business Day TV caught up with the company’s CEO, Steven Brown…

25 Jan 2023 12PM 17 min

Astral Foods flags big drop in headline earnings

Poultry producer Astral Foods expects a huge drop in its headline earnings in its next half-year results, because of load-shedding as it looks to recover input costs by hiking selling prices. Business Day TV spoke to CEO of Astral Foods, Chris Schutte for more insight.

25 Jan 2023 11AM 8 min