Business News Leaders

Jackie van Niekerk takes the helm at Attacq

Attacq has a new CEO in the driving seat, and the group's biggest development Mall of Africa recently turned five. Alishia Seckam caught up with Attacq CEO Jackie van Niekerk for a business update and what that reveals about South Africa’s retail sector and the economy.

4 May 2021 2AM 8 min

Equites ups distribution and eyes further growth

Equites' focus on logistics property paid off during its full-year. The company collected almost all of its rent and has raised its payout to shareholders, as the pandemic drove the need for storage and warehousing with many retailers having to pivot to deal with increased e-commerce demand. Business Day TV's…

4 May 2021 2AM 7 min

Animal Spirits – Sell in May?

The old adage of sell in may looms large over markets at the moment. Despite ending the day and the week weaker, the local bourse ended the month of April firmer, with listed property surging 9.9%, industrial metals 4.5% and resources gaining 2.93%. The rand gained about 2% to the…

3 May 2021 2AM 24 min

Can factory activity continue to expand?

Factory activity eased slightly in April, according to the Absa manufacturing PMI which came in at 56.2 points during the period from 57.4 points previously. The index however has remained above the key 50-point mark that separates expansion from contraction for nine months. Business Day TV's Alishia Seckam spoke to…

3 May 2021 2AM 7 min

Is the worst over for the automotive sector

Covid-19 lockdown measures weighed heavily on vehicle sales last year but the industry seems to be recovering as consumers gain confidence in South Africa’s economic recovery. This is welcome news for automotive players like Motus who are looking to grow their operations. Business Day TV's Alishia Seckam spoke to Osman…

3 May 2021 2AM 8 min

Covid-19 Business Watch: The Week In Review

It's been a crucial week in the political economy of the buggered and beloved country, with the ANC president appearing before the State Capture Commission, defending his party's disastrous cadre deployment policies, offering platitudes of governance reform, while allowing a critical 30-day step aside deadline to deal with corruption to…

30 Apr 2021 2AM 23 min

C19 Share Shootout US Edition

We’re in the midst of US earnings season, so the focus is on US listed investment instruments. Offshore assets are a critical component of a balanced investment portfolio. The reasons are straight forward. Investing internationally provides diversification and access to companies and industries that you can’t find locally. SA is…

29 Apr 2021 2AM 26 min

What’s driving the rally in metal prices?

Industrial metals like copper, iron-ore and aluminium are making gains. This comes as hopes for a global economic recovery stoked demand for more cars, electronics and infrastructure. Business Day TV's Alicia Seckam discussed how sustainable this rally is with Seleho Tsatsi from Anchor Capital.

29 Apr 2021 2AM 4 min

What is Business' reaction to Ramaphosa's state capture testimony

President Ramaphosa has concluded his two-day testimony at the Zondo Commission. He provided details related to his election funding campaign and insight regarding how the ruling party works. Business Day TV spoke to Martin Kingston, Vice President of Business Unity SA for his assessment of the president's testimony.

29 Apr 2021 2AM 8 min

ACSA lifts suspension on cash-strapped Mango

Cash-strapped Mango has been cleared to fly after the Airports Company of South Africa lifted a suspension related to missed fee payments. The carrier has been facing financial difficulty in the wake of Covid-19 and Business Day TV's Alishia Seckam ​spoke to aviation expert Joachim Vermooten for a look at…

28 Apr 2021 2AM 6 min

Ramaphosa testifies at State Capture Inquiry

President Cyril Ramaphosa testified at the State Capture Inquiry, and said the ANC should have done more to prevent corruption. Business Day TV's Alishia Seckam spoke to Political analyst Daniel Silke for his views. ​

28 Apr 2021 2AM 8 min

Global inflation fears spook bond market

Rising inflation fears and expectations of monetary policy tightening have weighed on the global bond market, and this has filtered through to the local market. Business Day TV's Alishia Seckam spoke to RMB’s Michelle Wohlberg about the activity playing out in the fixed income space.

28 Apr 2021 2AM 4 min

Roads to ruin

Driving to Clarens recently Michael Avery was struck by the varied condition of the roads he drove on. From the excellently maintained but tolled N3 to the potholed death traps of the rural Free State there is a clear and growing disconnect between roads under different government authorities, and how…

28 Apr 2021 2AM 24 min

Public servants ready to strike for wage increases

Public servants are demanding a 7% wage increase from government and have threatened to embark on strike action if their demand is not met. Business Day TV's Alishia Seckam spoke to Claude Naicker, National Manager of the Public Servant's Association for more detail.

26 Apr 2021 2AM 6 min

Which trends are driving Africa's allure

For the last ten years Standard Bank Research has been monitoring the trends driving Africa's attraction, and it’s identified five themes as key. The list includes population growth, urbanisation, the adoption of new technologies, financial inclusion and untapped resources. Business Day TV spoke to Simon Freemantle, Senior Political Economist at…

26 Apr 2021 1AM 9 min

Nedbank eyes green future

Nedbank has taken a tough stance against fossil fuels as the bank says it will stop funding new thermal coal mines by 2025 and cut direct funding for new oil and gas exploration with immediate effect. Business Day TV's Alishia Seckam discussed this in detail with Nedbank’s CFO, Mike Davis.

23 Apr 2021 1AM 4 min

The week in review

In a Business Day webinar on Thursday in the build up to celebrating the 100th anniversary of the SARB, 25 years of central bank independence and 21 years of inflation targeting, Reserve Bank Governor Lesetja Kganyago was in fine form, signalling that multi-decade low interest rates are unlikely to change…

23 Apr 2021 1AM 24 min

What's next for Clicks?

Pharmaceutical, beauty and health retailer Clicks has had a bumper first-half as consumer stocked up on preventative medicines. The trend resulted in a near 10% bump in profit. Business Day TV's Alishia Seckam spoke to CEO Vikesh Ramsunder about the performance and how it positions the group for growth in…

22 Apr 2021 2AM 7 min

Why independence is key for the Reserve Bank

The South African Reserve Bank is the oldest central bank in Africa, and in June it will officially be in existence for 100 years. Business Day Editor Lukanyo Mnyanda caught up with Reserve Bank Governor Lesetja Kganyago to reflect on its history and its vision for the next 100 years…

22 Apr 2021 2AM 7 min

Whistle-blowers left whistling in the wind

What motivates whistle-blowers? The impact is usually measured in societal good but experienced by the individual at great personal cost. It’s a stark and often under-appreciated trade off. The fight against corruption relies heavily on these heroes being vigilant and standing up for their rights, but they need support. The…

22 Apr 2021 2AM 23 min