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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19
SEP
2am

Tough macro conditions weigh on Remgro

Subdued economic growth, low business morale and deteriorating operating environments have weighed on Remgro's earnings. With headline earnings per share coming in 4.2% weaker, while its intrinsic net asset value per share fell by over 9% to 233 rand.

Joining Business Day TV to discuss the numbers in detail is CEO, Jannie Durand.
19
SEP
2am

SARB leaves rates unchanged, as expected

In the run up to the announcement, analysts were largely expecting the tone of the address to be decidedly more dovish.

A panel of experts joined Business Day TV to talk about the decision, Senior Economist at Nedbank Nicky Weimar, Executive Chief Economist at Alexander Forbes Isaah Mhlanga, and Chief Economist at Stanlib Kevin Lings.
19
SEP
2am

Why a takeover of Eskom's biggest coal supplier is sparking concern

Parliament is demanding stringent conditions for the R59 billion bailout to Eskom which was announced in July. The standing committee on appropriations has added that it wants government to look at other creative ways to fund struggling SOEs and not just gun for the fiscus.

In the meantime, the DA alleges that load shedding could be on the cards in the next few weeks with further concerns around the potential takeover of the utility's biggest coal supplier.

Business Day TV caught up with Energy Analyst at EE Publishers Chris Yelland for his views his views around where things are at.
18
SEP
2am

Africa's most attractive investment destinations

RMB's released its ninth edition of the Where to Invest in Africa report and while South Africa still features in the top ten, it has fallen lower down the ranks - yet again - to thirda place with sluggish growth and lack of structural reform hampering its climb. The report adds that the country's financial markets and level of financial inclusion are however still a cut above the rest. Business Day TV spoke to co-Author of the report, Celeste Fauconnier for more insight.
18
SEP
2am

Pan African Resources returns to paying dividends

Pan African Resources has given shareholders a reason to smile. The miner's returned to paying dividends after its annual post tax profit rose to 38 million dollars - boosted by strong revenue growth which shot up 49%, on the back of a higher gold price and enhanced production. Business Day TV sat down with Pan Africa Resources CEO Cobus Loots to discuss the results in more detail.
18
SEP
2am

Construction activity expected to improve

Construction activity is set to improve during the second half of the year and gain further momentum next year. That's according to Afrimat's second quarter construction index. Independent economist Roelof Botha spoke to Business Day TV about the factors that could contribute to the upswing.
17
SEP
2am

Comair buffeted by fuel-price volatility and Boeing 737 Max grounding

A R1.2 billion settlement from SAA has provided Comair with much needed cushioning during its full-year and as a result, the airliner's earnings have nearly tripled. Excluding the settlement, the group's profit would have nosedived by 82%. In the meantime, operating expenses grew 16% as the group battled rand and oil price volatility.

Joint CEO of Comair Glenn Orsmond discussed the company's numbers and what it spells for the company's growth trajectory with Business Day TV.
17
SEP
2am

Sasfin earnings up by almost a third on better credit controls

Financial services group,Sasfin released its annual results today, delivering a near 32% jump in headline earnings per share to 501 cents. This was mainly fuelled by an improvement in its credit-loss ratio and a lower tax bill.

Business Day TV caught up with the company's CEO Michael Sassoon for more on the results.
17
SEP
2am

Higher costs weigh on Acsa

The Airports Company South Africa's annual profit has slumped by 59%. That's as costs grew by 50% while traffic volumes and non-aeronautical flows came in lower than expected with departing passenger numbers rising a tepid 1.3%.

Company's Acting CFO, Lindani Mukhudwani talks to Business Day TV about the company's numbers.
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. ​

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