Business News Leaders

Listen! Tech’s role in driving sustainability in Africa

As the world’s second most populous continent, Africa’s adoption of digital technologies has been hailed as robust with the potential to drive economic growth and sustainability. Business Day TV spoke to Ciara McDonald Hefferman, Conference Producer for the Africa Tech Festival for more insight into tech’s role in driving sustainability…

8 Nov 2023 8AM 5 min

Listen! NHI Bill: Section 33 in focus

Public hearings on the NHI Bill have been concluded. Medical aid schemes are still unhappy about Section 33 of the legislation which excludes the schemes. Business Day TV spoke to Alex van den Heever, Health Care Governance Expert from Wits University for his take on Section 33 of the Bill.

8 Nov 2023 8AM 9 min

Listen! Rand reaches three- month high

The rand has remained steady and hit a three-month high in November, as investors turned back to riskier assets after the Fed kept rates unchanged. Business Day TV unpacked the moves playing out in the currency scene with RMB's Forex sales trader, Keenan Moses.

7 Nov 2023 10AM 7 min

Listen! Q3 Gold Trends

According to the World Gold Council, gold demand has reached a new record in the third quarter, largely driven by central bank buying. John Reade, the World Gold Council’s Chief Market Strategist joined Business Day TV with more detail on the findings of the third quarter gold trends demand report.

3 Nov 2023 8AM 9 min

Listen! Will the ANC boot out the mayoral system?

The ANC is contemplating a significant shift in how local government operates, moving towards a more collaborative leadership approach. This decision coincides with the ANC's intention to end its partnership with the EFF, which has sparked worries among both investors and opposition party members. Business Day TV unpacked this political…

3 Nov 2023 8AM 4 min

Listen! AGOA developments with Standard bank

Business Day TV has been keeping track of the 20th US-SSA Agoa Forum. Philip Myburgh, Head of Trade, Business and Commercial Banking joined the channel with insight into the themes dominating conversations to fast-track trade between the regions.

3 Nov 2023 8AM 7 min

Big Idea - MTBPS: examining key challenges & SA's economic outlook

The Medium-Term Budget Policy Statement has shed light on the critical fiscal challenges facing South Africa and the latest budget data paints a grim picture, due to a significant underperformance in revenue collections and soaring expenditure projections for 2023/24. Business Day TV unpacked the fiscal issues, and analysed their potential…

2 Nov 2023 10AM 18 min

Listen! Karpowership passes regulatory milestone

Karpowership SA has received environmental authorisation from South Africa's government to proceed with plans to moor floating gas power ships in the port of Richards Bay. The approval means the firm can kick-start the process of providing the economy with 1.2 gigawatts of much-needed electricity. Business Day TV spoke to…

2 Nov 2023 10AM 7 min

Listen! Godongwana underscores tough love for sickly SOEs

Finance Minister Enoch Godongwana has outlined a stringent approach to state-owned enterprises in the latest Medium-Term Policy Budget Speech. He has tightened conditions for Eskom's debt relief and insists that a Transnet bailout depends on the government's new logistics sector roadmap. Business Day TV spoke to Hilary Joffe, Editor at…

2 Nov 2023 9AM 8 min

Listen! Business & Commercial Banking overview of AGOA

Bill Blackie, Chief Executive of Business & Commerical Banking at Standard Bank joined Business Day TV with a business and commercial banking overview of the 20th US-SSA Africa Growth and Opportunity Act forum.

2 Nov 2023 8AM 8 min

Listen! Business' reaction to MTBPS

Finance Minister Enoch Godongwana has delivered the medium-term budget policy statement and outlined a strategy that aims to narrow the budget deficit, stabilise debt and ensure fiscal sustainability. Business Day TV unpacked the business community's reaction to the MTBPS with Business Leadership South Africa's CEO, Busi Mavuso.

1 Nov 2023 1PM 10 min

Listen! Airline industry steadily recovers from Covid-19

The airline industry has seen a steady recovery from Covid-19. According to data from the international Air Transport Association, total traffic reached over 90% of pre-pandemic levels this year as demand for air travel picked up. Business Day TV spoke to Marjan Rintel, the CEO of KLM Royal Dutch Airlines,…

1 Nov 2023 1PM 10 min

Listen! Godongwana maintains Treasury's prudent stance of fiscal consolidation

Finance Minister Enoch Godongwana has presented the 2023 medium-term budget policy statement and has maintained Treasury's prudent stance of fiscal consolidation in the face of a revenue shortfall of R57 billion this year. Business Day TV unpacked the MTBPS with Sars Commissioner, Edward Kieswetter.

1 Nov 2023 12PM 7 min

Listen! Constitutional court slams government for delay in fixing immigration law

The Constitutional Court has delivered a verdict on South Africa's immigration law management, calling for swift protection of suspected illegal immigrants' rights and scrutinizing the Department of Home Affairs. The court says government must enact new immigration laws within a year, with high-ranking officials facing financial repercussions for their "deplorable…

1 Nov 2023 9AM 9 min

Listen! Absa PMI has poor start to Q4

The Absa PMI has fallen deeper into contraction territory in October coming in at 45.4 index points from an upwardly revised 46.21 previously. The biggest drag on the reading came from the business activity index as weak demand persists. Business Day TV spoke to Andiswa Nondudule, Economist at Absa for…

1 Nov 2023 9AM 7 min

Listen! Octodec's income stumbles amid economic strains

Octodec has reported a 2.2% drop in annual distributable income per share as the owner of properties in Johannesburg and Tshwane feels the pinch of elevated interest rates, inflation and greater energy and fuel costs. Despite this, the group has hiked its annual dividend by nearly 4%. Business Day TV…

1 Nov 2023 9AM 7 min

Listen! Eskom's annual loss doubles

Eskom has slipped deeper into the red. The power utility's annual loss has doubled to R24 billion, as energy sales declined 5% and costs relating to diesel to run open-cycle gas turbines jumped 50%. Business Day TV discussed the performance with Eskom's acting CEO, Calib Casim.

31 Oct 2023 1PM 7 min

All eyes on MTBPS

Finance minister Enoch Godongwana will present the 2023 medium-term budget policy statement in parliament tomorrow against a backdrop of low economic growth and high government debt. Business Day TV previewed the MTBPS with Siobhan Redford from RMB.

31 Oct 2023 1PM 5 min

Listen! Synergies between BRICS and AfCFTA in SA

South Africa has long been punted as the gateway to Africa. Business Day TV explored this in detail with Frost & Sullivan consultant, Yaa Ngonyama and looked specifically at how the country's inclusion in the BRICS grouping as well as the advent of the African Continental Free Trade Act (AfCFTA)…

31 Oct 2023 9AM 9 min

Listen! Grindrod Bank faces lawsuit over alleged failure to report fraud

Grindrod Bank is facing a R100m lawsuit over its alleged failure to report fraud. Business Day TV spoke to Business Day's companies and markets editor, Kabelo Khumalo for more insight into the intricacies of the story.

31 Oct 2023 9AM 4 min