Business News Leaders

Interviews with top CEOs and leaders shaping today's news stories alongside all the latest news that is impacting the markets, business and investments around the world.

A Tiso Blackstar Group Production.

Keywords: money, opportunity, business plan, business ideas, business news, income, financial news, industry news and views

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16
SEP
2am

Will the oil price spike wipe out October's expected petrol price cut?

The attack on Saudi Arabia's oil facilities has resulted in a record spike in the oil price and hints at increased geopolitical risk.

South Africa's Central Energy Fund has forecast a cut in petrol prices for next month but the recent event may cancel out that prediction leaving consumers even more cash strapped.

Business Day TV caught up with Chief Economist at Econometrix Azar Jammine to talk about the oil market and what its trickle down effect could be on this economy.
16
SEP
2am

Afrox posts 3.3% rise in half-year revenue

Strong demand from the healthcare sector has kept Afrox from flat-lining. South Africa's largest gas and welding company has reported a 3.3% rise in interim revenue, that's as demand for its products used in hospitals across the country, offset a continued contraction in the manufacturing sector.

The group also highlighted that cost cutting measures are starting to bear fruit which led to a 7% increase in headline earnings per share. The company's CEO Schalk Venter joined Business Day TV to discuss the results in more detail
13
SEP
2am

Moyo no longer an Old Mutual employee, says Manuel

In a new twist to the Old Mutal/Peter Moyo saga - now in month three - the insurer's lawyers have sent a letter to Moyo informing him that it's "reconsidered its stance" on further legal action.

Business Day TV spoke to Old Mutual Chair Trevor Manuel for more detail on how the company is going to proceed. ​
12
SEP
2am

How Spur plans to cope with SA's shrinking middle class

Spur's reported a close to 6% rise in revenue, with bulk of that growth coming through from its international arm. Overall, the franchise owner opened 59 restaurants over the period. And has further plans in play to open 21 restaurants in the year ahead, 11 in South Africa and 10 internationally. Spur CEO Pierre van Tonder joined Business Day TV for more detail.
12
SEP
2am

What is hampering ARC's performance?

ARC Investments has been hampered by the performance of most of the entities in which its invested as a tough economic environment takes hold. This has resulted in a tepid 2.4% rise in net asset value per share, which is significantly below the medium to long-term expectation of 16%. Business Day TV spoke to the company's co-CEO, Johan van der Merwe for more insight.
12
SEP
2am

Aspen set to sign deal with Indian maker of API

Aspen is delivering on its plan to deleverage its balance sheet, cut debt and improve its cash conversion ratio which came to fruition in the second half of the year. With all those factors coming together, the one aspect that doesn't seem to be coming through for the pharmaceutical group is revenue growth, up a tepid 1% over the annual period. Business Day TV's Giulietta caught up with the company's Group Chief Executive, Stephen Saad and asked him how he plans to resuscitate growth on that front.
10
SEP
2am

Attacq beats guidance with 10% rise in dividend

Freshly completed buildings at Attacq's Midrand development is already paying off for the group - revenue growth from that project has helped the investment trust grow distributable earnings by 17%. The company's net asset value however has declined due to impairments related to reducing its Rest of Africa exposure. Business Day TV caught up with the Company's CEO, Melt Hamman and talked the numbers and the factors at play... ​
10
SEP
2am

Where is Master Drilling seeing opportunity?

Drilling solutions company, Master Drilling has released its interim numbers posting a near 4% rise in revenue which was boosted by its acquisition of Atlantis.

The company says its new business pipeline remains solid as it sees sees growth opportunities in Russia and Australia.

Business Day TV sat down the company's CEO, Danie Pretorius to discuss the allure of those territories.
10
SEP
2am

AMCU declares dispute in wage talks

Wage talks in the platinum sector have stalled. The Association of Mineworkers and Construction Union (AMCU) has declared a dispute.

AMCU is demanding a three-year wage increase of R1,500 per year for entry level workers and a 10% rise per year for skilled workers as well as a number of other allowances, benefits and improvements in conditions of employment.

Business Day TV spoke to James Wellsted from Sibanye Stillwater to discuss the next step that will be taken in the negotiations following AMCU's decision to declare a dispute.
09
SEP
2am

How the national minimum wage has weighed on Workforce Holdings

Labour services group, Workforce Holdings released interim results on Monday, reporting a 7.7% rise in revenue, but their headline earnings per share came in 6% lower to 18.5 cents. That is as the company battles with a weak economic environment and a slowdown in government spending on infrastructure. Business Day TV touched base with the CEO, Ronny Katz and asked him what was it that has impacted the growth and preventing it from filtering all the way through, to bottom line.
09
SEP
2am

Old Mutual bars CEO Peter Moyo from the office

Old Mutual CEO Peter Moyo has once again been barred from returning to work. This deepens the legal battle between Moyo and the insurer, which has frustrated investors and weighed on the company's share price. Joining Business Day TV on the line to discuss the latest development is Moyo's lawyer, Eric Mabuza.
09
SEP
2am

Brexit delay bill made law

British Prime Minister, Boris Johnson has suspended UK parliament for over a month and at the same time, a bill demanding that Johnson delay the withdrawal if he cannot get a divorce deal has been made law what does this mean for t he entire process? Abhinay Muthoo, Professor of Economics & at the Warwick Business School joins Business Day TV with his insights.

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