Business News Leaders

Trade Of The Week - Impala Platinum | Northam Platinum | Royal Bafokeng Platinum

In Trade of The Week, Independent Analyst Loyiso Mpeta gives a quan-tech-mental analysis on Impala Platinum, Northam Platinum and Royal Bafokeng Platinum.

21 Nov 2022 2PM 12 min

PPC delivers 'sound performance'

Cement producer PPC has delivered what it calls a 'sound performance' for the six months to end-September as group revenue rose 9% to R4.2bn. This however excludes the group's Zimbabwean operations which have suffered under the weight of hyperinflation. Revenue including Zimbabwe fell 1%. Business Day TV spoke to PPC…

21 Nov 2022 1PM 7 min

Astral Foods almost doubles total dividend

Astral Foods has delivered a surge in profit. During the annual period the poultry producer’s headline earnings per share more than doubled to R27.62. This helped boost Astral’s payout to shareholders, as it declared a total dividend of R13.80, reflecting a rise of 97%. Business Day TV discussed the factors…

21 Nov 2022 1PM 6 min

Netcare records healthy annual performance

Netcare has reported a healthy set of annual results. The private hospital operator recorded a 5.4% rise in total paid patient days as it recovered from the impact of the Covid-19 pandemic. This further boosted profit, with headline earnings per share rising 20.3%. Business Day TV spoke to CEO, Richard…

21 Nov 2022 1PM 6 min

Life Healthcare lifts its dividend

Life Healthcare has rewarded shareholders with a total dividend worth 40 cents, this despite recording a 4.5% fall in headline earnings per share. Business Day TV caught up with company’s CEO, Peter Wharton-Hood to discuss the factors weighing on its full year performance.

17 Nov 2022 12PM 7 min

Unpacking Britain’s autumn budget

Britain’s finance minister, Jeremy Hunt has unveiled the country's autumn budget, saying that the UK is now officially in a recession. And in an attempt to deal with the current economic situation, Hunt said government would increase taxes and cut down on spending. Business Day TV got some on the…

17 Nov 2022 11AM 6 min

SAB unveils new strategy

South African Breweries is shaking things up, as it unveiled its new strategy which would position the business for future growth opportunities. Business Day TV spoke to SAB’s CEO, Richard Rivett-Carnac for more.

16 Nov 2022 12PM 7 min

Retail sector ends off third quarter on sour note

Retail sales have slip, dipping 0.6% on an annual basis, in September. This was largely due to downbeat performances from retailers in hardware, paint and glass and food, beverages and tobacco. Business Day TV unpacked the print with Chief Economist at Investec, Annabel Bishop.

16 Nov 2022 11AM 5 min

Cost cutting efforts work in Dipula’s favour

Dipula Income Fund has published its results for the year ended August 2022, reporting an increase in revenue of 3% to R1.35 billion. While distributable earnings remained stable at R552 million. Business Day TV caught up with CEO Izak Petersen to discuss the performance in greater detail.

16 Nov 2022 10AM 8 min

Eskom warns of prolonged power cuts

South African’s should prepare for darker times. Eskom has warned of more rounds of power cuts this year, as maintenance issues are set to weigh on the state utilities ability to supply electricity. Business Day TV spoke to Eskom's Chief Operating Officer, Jan Oberholzer for more.

15 Nov 2022 12PM 7 min

Rand trades below R18 mark to dollar

The rand has staged a rebound - trading under the R18 mark to the dollar, further showing signs that it might end the year on a positive note. Business Day TV discussed the factors driving activity in the currency scene with RMB's Client Strategist, John Cairns.

15 Nov 2022 12PM 6 min

Trade Of The Week - Coronation, City Lodge and Sappi

Join independent analyst Loyiso Mpeta as he shares technical analysis on Coronation, City Lodge and Sappi

14 Nov 2022 12PM 14 min

Assessing Shoprite’s sustainability targets

COP 27 draws to a close and the world works towards net zero emissions, Shoprite eyes ambitious environmental sustainability targets over the next 3 years. In our newsroom crossing Business Day’s Energy Writer, Denene Erasmus looked into those targets and assessed the group’s plans.

14 Nov 2022 10AM 8 min

Vodacom cuts H1 dividend as profit dips

Vodacom’s interim profit has taken a 9% knock as costs related to its Ethiopia launch bites. As such, the group has also slashed its dividend by 19%. Business Day TV unpacked the results in greater detail with company’s CEO Shameel Joosub.

14 Nov 2022 10AM 8 min

Focus on Africa’s fashion market

Statista Market Forecast projects that Africa’s fashion revenue will grow to $7.73 billion this year. Africa Fashion International is seeing demand pick up and will be opening a second House of Nala store in response. Business Day TV explored the continent’s fashion market in greater detail with Precious Moloi-Motsepe, Founder…

14 Nov 2022 9AM 8 min

What's behind the decline in SA's mining sector?

The annual decline in mining output has persisted for eight months. Mining production decreased by 4,5% in September, with the largest negative contributors being iron ore and gold. Business Day TV caught up with Mining Analyst, Peter Major to discuss what’s behind the decline in the sector.

10 Nov 2022 12PM 7 min

Binance ditches FTX merger deal

The crypto market is in turmoil with major coins like bitcoin plunging for a second straight session. This comes after Binance abandoned the FTX deal. Business Day TV discussed these moves in detail with South Africa's country manager at Luno, Christo de Wit.

10 Nov 2022 12PM 6 min

Multichoice bets on the Fifa World Cup

Multichoice has released interim results, recording a 5% rise in its user base and a 7% jump in revenue. This however did not fully translate into its bottom line, as earnings were impacted by a big investment in decoders ahead of the upcoming 2022 FIFA World Cup. Business Day TV…

10 Nov 2022 11AM 7 min

World Gold Council assesses climate change risks

As Cop27 is underway, the World Gold Council has been urging gold miners to plan further for climate change risks. In its latest report the council outlined a range of adaptation strategies, to help gold miners remain resilient. Business Day TV spoke to the council's Climate Change Lead, John Mulligan

9 Nov 2022 12PM 7 min

A2X saves investment market R500m a year

Alternative stock exchange, A2X, has managed to save the investment market R500 million a year. This is largely due to lower trading fees and its ability to narrow the bid-offer spreads of the prices of listed securities. Business Day TV caught up with the company's CEO, Kevin Brady.

9 Nov 2022 12PM 6 min