Business News Leaders

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

What to expect from US midterm elections

Midterm elections have kicked off in the USA, and we've had polls reveal that the Republican Party, is on the verge of taking back control of the US House of Representatives, for the first time in four years. What would this mean for policy, and relations, with countries like South…

8 Nov 2022 12PM 7 min

Oil price edges lower

The oil price has taken a hit as Covid-19 outbreaks in China heightened fears of lower fuel demand. Business Day TV discussed the moves playing out in that space with commodities trader at RMB, Raymond Phillips.

8 Nov 2022 12PM 6 min

Raubex ups its half-year dividend

Increased activity in most of Raubex’s projects has given it a boost. The construction and materials group delivered a 16% jump in headline earnings per share and this further resulted in a 12.7% increase in its interim dividend. Business Day TV unpacked the numbers with the company’s CEO, Felicia Msiza.

7 Nov 2022 11AM 10 min

SOEs no longer forced to use 100% black-owned suppliers

Business Day TV speaks to Khaya Sithole about Finance Minister Enoch Godongwana's announcement that companies no longer need to be BEE compliant, to bid for business with SOEs like Eskom, Prasa and Transnet.

7 Nov 2022 11AM 8 min

Assessing appetite for Africa’s doll market

The traditional Barbie doll went on display at a Toy Fair in New York for the first time in March 1959. Years later, there’s interest in African dolls. The Middle East and Africa are currently two of the fastest growing toy markets in the world. Business Day TV explored the…

4 Nov 2022 10AM 7 min

MTN delivers resilient performance

Against a backdrop of difficult macroeconomic, geopolitical and regulatory conditions across markets, MTN has reported a resilient overall performance for the nine months to end-September. Business Day TV spoke to MTN President and CEO Ralph Mupita for more detail.

4 Nov 2022 9AM 10 min

What can emerging market central banks do to protect their currencies?

The dollar index has appreciated by 25% since mid-2021. The strength however has hit emerging market currencies, and central banks within the region have had to fight back by raising rates in an attempt to protect their currencies. Business Day TV spoke more about this with Senior Emerging Market Economist…

3 Nov 2022 12PM 5 min

Nedbank lowers SA GDP growth forecast for 2023

Nedbank has adjusted South Africa's GDP growth lower for 2023 on the back of slower global growth and a lack of electricity. Business Day TV unpacked this in greater detail with Jones Gondo from Nedbank CIB.

3 Nov 2022 11AM 8 min