Business News Leaders

Family businesses focus on ESG

There is a lot of wealth inside family businesses in South Africa. Outside of the listed markets there is a mature and dynamic base of medium to large sized family owned businesses that provide the South African economy with a degree of resilience. PwC recently released its next gen survey…

20 Jun 2022 9AM 26 min

JSE's performance amid market volatility

A cocktail of bad news sent global markets spiraling over the past few weeks, with the S&P 500 entering bear territory. Despite the global market performance, South Africa;s local bourse has been performing well, with the All-Share only losing 10.4% year to date. Business Day TV discussed the JSE’s performance…

15 Jun 2022 2PM 7 min

The state of mining in SA

The mining industry has had a good year. According to PwC the top 40 miners reported a 32% rise in revenue while net profits more than doubled in 2021. The performance was driven by high commodity prices and cost management measures. Business Day TV unpacked the report with PwC’s Africa…

15 Jun 2022 2PM 7 min

SA consumer spending picks up in April

An increase in purchases of household furniture, appliances and equipment helped boost South Africa's retail sales in April, with the print revealing a 3.4% year-on-year increase. Business Day TV spoke to Azar Jammine, Chief Economist at Econometrix for more detail.

15 Jun 2022 2PM 7 min

Whose worldview should serve as the template for AI morality?

Artificial intelligence (AI) was once the stuff of science fiction. But it’s becoming widespread. It is used in mobile phone technology and motor vehicles. It powers tools for agriculture and healthcare. But concerns have emerged about the accountability of AI and related technologies like machine learning. In December 2020 a…

15 Jun 2022 7AM 25 min

Recession fears weigh on emerging market currencies

Emerging market currencies have come under pressure, shedding some of the gains made earlier in 2022. On a year-to-date basis, the Turkish Lira is down 22.8% against the dollar while the rand is down 0.7% over the same period. Business Day TV touched base with RMB's Fixed Income and Currency…

14 Jun 2022 1PM 7 min

Comair flies into provisional liquidation

The Johannesburg High Court has granted Comair an application to be placed under provisional liquidation, after the struggling airline failed to raise R500 million to stay afloat. Business Day TV spoke to aviation analyst Des Latham for his take on how the liquidation will impact the broader airline industry.

14 Jun 2022 1PM 7 min

Telkom's annual revenue slips

Telkom had a challenging year, as it had to deal with a sluggish economy, global supply chain challenges and chip shortages. The mobile operator has posted a 1.1% dip in annual revenue while headline earnings per share rose by 2.5%. Business Day TV caught up with the Group CEO Serame…

14 Jun 2022 1PM 6 min

SA-India bilateral ties in focus

South Africa has expressed an interest in strengthening its bilateral ties with India, and a joint task force between the nations has been proposed to do achieve this. Business Day TV spoke to Praveer Tripathi, President of the Indian Business Forum for more detail.

13 Jun 2022 2PM 7 min

Unions and Sibanye-Stillwater agree on a 3-year wage deal.

Sibanye-Stillwater is set to restart operations at its gold mines in Gauteng and Free State after signing a three-year wage deal with unions. The move puts an end to a three-month strike where employees forfeited more than R1.2 billion in wages. Business Day TV discussed the deal in greater detail…

13 Jun 2022 1PM 15 min

Technical analysis of Sabvest, Alibaba, JD.com and Mediclinic

Join Independent Analyst, Loyiso Mpeta as he shares technical analysis on Sabvest, Alibaba, JD.com and Mediclinic.

13 Jun 2022 1PM 5 min

Employment Equity Amendment Bill

South Africa’s employment equity laws are set for a major shake up. The National Council of Provinces recently passed the Employment Equity Amendment Bill. The Bill is in its final stage of promulgation as it has been sent to the President for signing. The Bill will amend the Employment Equity…

13 Jun 2022 7AM 27 min

The Week In Perspective

It’s been frantic week in the political economy with the dirty tricks bag being emptied against a reforming president clamping down on corruption. Shortly after the arrest of former Transnet CEO Siyabonga Gama, disgraced former spy boss Arthur Fraser who was so central to former president Zuma’s State Capture network…

10 Jun 2022 8AM 27 min

Bitcoin steadily recovers

Bitcoin has steadily started to recover from its recent crash, trading above the $30,000 mark. Business Day TV caught up with the General Manager for Africa at Luno, Marius Reitz to discuss whether the upward trajectory can be sustained.

9 Jun 2022 1PM 5 min

Vukile Property Fund ups dividend

Vukile Property Fund is upbeat about its prospects. The firm, which owns malls in SA and Spain, says retail sales and footfall has returned to pre-Covid-19 levels and this has given the company the confidence to up its 2022 pay out, with a total dividend being declared of 105.8 cents.

9 Jun 2022 1PM 7 min

Mining output crashes nearly 15% in April

Mining production slumped 14.9% year-on-year in April, which is almost three times worse than expected as miners had to contend with load shedding and a dysfunctional rail network. Business Day TV unpacked the print with Henk Langenhoven, Chief Economist at the Minerals Council South Africa.

9 Jun 2022 12PM 9 min

100 Women in Finance launches in SA

When I first started out as a financial journalist with David Gleason in the early 2000s I remember walking into a boardroom at a large investment bank and sitting down to a meeting with the all-male team and doing a double take. What happens in corporate finance teams across the…

9 Jun 2022 7AM 26 min

Asset managers warn of huge outflows

South African asset managers have warned that amendments to the asset allocation limits of local pension funds could result in outflow of up to R800 billion over the next three to five years. Business Day TV discussed this in detail with Ninety One’s Deputy MD, Sangeeth Sewnath.

8 Jun 2022 1PM 6 min

Spar posts growth in half-year profit

Spar has delivered upbeat interim results, reporting a 5.2% rise in turnover to R64.7 billion and a 3.5% jump in headline earnings per share. The performance comes amid the easing of Covid-19 restrictions during the period, which resulted in more shoppers returning to stores. Business Day TV unpacked the numbers…

8 Jun 2022 1PM 7 min

Business confidence dips in Q2

Business confidence has pulled back. The RMB/BER morale indicator declined to 42 in the first quarter, marking a level last seen in the second half of last year. The performance was largely driven by a fall in manufacturing confidence due to the impact of the floods in Kwazulu-Natal and load…

8 Jun 2022 12PM 9 min