Business News Leaders

Why Metair expects better days ahead

Metair is optimistic about its future prospects. The group says its 3% rise in annual headline earnings lays a sound foundation to deliver on its new contracts. The company has inked deals with Mercedes, VW, Nissan and Isuzu for the next three years. Business Day TV spoke to Theo Loock,…

19 Mar 2020 2AM 7 min

How retail sales increased in January

Retail sales have beat analysts' expectations, rising 1.2% on an annual basis in January. Business Day TV unpacked the print with Reezwana Sumad from Nedbank CIB.

19 Mar 2020 2AM 5 min

Coronavirus impact: Africa still a frontier of global growth?

Colin Coleman has argued that Africa could be one of the major sources of growth for the world. That forecast comes despite the IMF and World Bank trimming growth projections on account of the coronavirus outbreak. Business Day TV spoke to Colin Coleman, Senior Fellow at the Jackson Institute of…

18 Mar 2020 2AM 7 min

How Sasol plans to raise nearly R100 billion by next year

Sasol has a plan to tackle its debt. The petrochemicals giant will use various initiatives to raise nearly R100 billion by the end of its 2021 financial year. Business Day TV spoke to Fleetwood Grobler, CEO of Sasol for more detail around how the company intends to achieve that target.

18 Mar 2020 2AM 7 min

Remgro posts fall in half-year headline earnings

Remgro's reported a marginal decline in headline earnings, but it's warned that the current economic conditions will last for a few more years. Business Day TV spoke to CEO Jannie Durand about the group's interim performance.

18 Mar 2020 2AM 5 min

How Sun International grew profits

Sun International's delivered full year results today. Reporting a 4% rise in total income and a 28% jump in profit after tax. That's as organic growth from key operations at home and the impact of acquisitions made in the prior period offset the poor performance in Latin America. Joining Business…

17 Mar 2020 4AM 7 min

Why Old Mutual may miss 2020 growth targets

Old Mutual is feeling the impact of the coronavirus - the company expects to miss growth targets going forward. For now, challenging macroeconomic conditions on the continent has led to a 25% plunge in full-year headline earnings. Company's CFO, Casper Troskie talks to Business Day TV about the company's performance.

17 Mar 2020 2AM 5 min

How labour plans to deal with virus spread, economic impact

The National Economic Development and Labour Council met to discuss the economic and labour impact of the coronavirus along with mitigation measures to avoid the spread of the virus. Business Day TV caught up with Martin Kingston the Vice President of Business Unity South Africa to talks about the decisions…

17 Mar 2020 2AM 8 min

How there may be a rebound on the cards for SA's construction sector

South Africa's construction sector has been under pressure, due to tight budgets, difficult trading conditions and adversarial contracts. But a turnaround may be on the cards, due to the state's recent investments in the industry. Business Day TV spoke to Raubex CEO Rudolf Fourie about the outlook for the sector,…

16 Mar 2020 2AM 5 min

How equity investments give Exxaro a boost

Exxaro's weathered tough conditions during it’s annual period. The miner managed to deliver a 13% rise headline earnings, despite worsening global and domestic headwinds, and that’s thanks to a boost from its equity investments. Business Day TV spoke to CEO Mxolisi Mgojo for his perspective on the numbers.

13 Mar 2020 2AM 9 min

Why Sanlam’s annual headline earnings are down 18%

Sanlam has reported an 18% plunge in annual headline earnings, as the insurer faced low economic growth in key markets along with a number of one-time charges. Business Day TV spoke to Ian Kirk, CEO of Sanlam for his analysis of the performance.

13 Mar 2020 2AM 5 min

How Growthpoint managed to deliver tepid distribution growth

Property company Growthpoint reported a 2.2% rise in half-year distributable income while distribution per share grew by a tepid 0.2%. The slight growth that it did manage, largely due to its internalisation strategy, which acted as a buffer for the weak showing from its local property portfolio - as it…

12 Mar 2020 2AM 7 min

Why MTN's CEO decided to step down

MTN has delivered a near 39% jump in annual headline earnings largely driven by the group's rest of Africa operations. Ghana and Nigeria have outperformed with double digit revenue growth helping offset weaker growth in the local market. Company's CEO, Rob Shuter steps down at the end of this month,…

12 Mar 2020 2AM 9 min

Has the coronavirus impacted 2020's investment outlook?

As the coronavirus continues to wreak havoc on markets worldwide - the JSE is 17% off its 2020 peak - while the rand is sitting above 16 to the dollar. Avinash Kalkapersad from Nedbank CIB joins Business Day TV to take a closer look at where they're seeing the opportunity…

12 Mar 2020 2AM 4 min

How SA's tough economy weighed on Absa

Absa has weathered tough economic conditions during its full-year. The company managed to lift annual headline earnings per share by just 3%. Business Day TV unpacked the performance with Absa's CEO Daniel Mminele.

12 Mar 2020 2AM 7 min

How FirstRand lifted normalised earnings by 5%

FirstRand has weathered challenging economic conditions. The financial services group managed a 5% rise in normalised earnings boosted by FNB’s growth in customer numbers. Business Day TV spoke to Alan Pullinger, CEO of FirstRand for his analysis of the numbers.

11 Mar 2020 2AM 8 min

Vodacom agrees to cut data prices

Vodacom has given its customers a reason to smile. The company reached a settlement with the Competition Commission to slash data costs by over 30% across all channels. Business Day TV spoke to CEO of Vodacom, Shameel Joosub to find out what this move means for the company’s bottom line.

11 Mar 2020 2AM 7 min

Is self-generation the future of electricity?

The power crisis is still top of South Africa's risk chart and Business Day TV caught up RMB's Dario Musso, for his perspective on how self generation could help with load shedding.

11 Mar 2020 2AM 5 min

Netcare’s readiness to tackle SA’s Covid-19 outbreak

With the number of confirmed coronavirus cases having climbed to seven in South Africa, Business Day TV spoke to Netcare's CEO Richard Friedland to assess the company’s readiness to deal with a virus of this nature.

9 Mar 2020 2AM 8 min

Oil price plunges to historical lows

Oil is on a slippery slope after Saudia Arabia kicked off a price war with its one-time ally, Russia. This comes after Russia refused to cut back on output on account of the coronavirus. Business Day TV spoke to David Elmes from the Warwick Business School for his analysis on…

9 Mar 2020 2AM 6 min