Business News Leaders

Twitter sues Musk for contract breach

Twitter is suing Tesla’s CEO Elon Musk, after Musk abandoned a $44 billion deal to buy the social media company. Business Day TV discussed the merits of the move with AnBro Capital’s co-founder and CIO Craig Antonie.

13 Jul 2022 2PM 7 min

Retail sales growth slows in May

Retail sales growth has slowed. The print for May showed a tepid rise of 0.1% on annual basis, as consumers remain under pressure due to rising inflation and higher interest rates. Business Day TV spoke to RMB Economist Siobhan Redford for more detail.

13 Jul 2022 1PM 4 min

Public servants seek 10% wage hike

The Public Servants Association (PSA) has rejected government's 2% wage hike proposal. The union is seeking an above-inflation increase of 10% and says if the request is not met, members will embark on strike action. Business Day TV spoke to Reuben Maleka, GM of the Public Servants Association for more…

13 Jul 2022 12PM 9 min

Energy emergency poses risk to rule of law

The energy crisis is rapidly draining moral faster than strained batteries during loadhsedding, as the stark facts are that loadhsedding has been a feature of South Africa for 15 years more than half of the time the ANC has been in power. The ANC has a lot to answer for…

13 Jul 2022 6AM 25 min

Redefine embarks on debt investor roadshow

Redefine Properties has kicked off its debt roadshow and hopes to raise capital through the bond market. Business Day TV discussed this in detail with Redefine's CFO Ntobeko Nyawo.

12 Jul 2022 1PM 4 min

Tongaat’s shares rally on sweet developments

Tongaat's shares have seen a recovery of late. The improvement comes after the embattled sugar producer's deal with Magister fell through, and follows its appointment of turnaround specialist Piers Marsden as its chief restructuring officer. Business Day TV spoke to Chris Logan, Founder of Opportune Investments for his analysis of…

12 Jul 2022 12PM 8 min

Banking on dividends

We’re at the halfway mark of the year if you can believe it and that means banking results are around the corner. Locally and globally rate continue to rise and inflation remains sticky. Stage 6 loadshedding and record high fuel prices have done nothing to help brighten the mood after…

12 Jul 2022 7AM 25 min

Trade of the Week - SA banks

Join Independent Analyst Loyiso Mpeta, as he takes us through what the charts are telling him about Absa, Nedbank and Standard Bank.

11 Jul 2022 1PM 5 min

Busa warns SA ripe for repeat of 2021 unrest

It has been one year since the July riots occurred in KwaZulu-Natal and Gauteng, and investor confidence still has not been restored , especially in KZN. Businesses remain cautious about investing in the province as conditions have remained the same. Business Unity South Africa meanwhile has warned that the country…

11 Jul 2022 1PM 6 min

Gold Fields sweetens Yamana bid with better payout policy

Gold Fields says its proposed takeover offer of Yamana Gold will allow it to increase its dividend payouts to between 30% and 45% from 20% to 35% previously. This could make the deal more attractive to shareholders who have been skeptical of the move. Business Day TV spoke to CEO…

11 Jul 2022 1PM 8 min

The SARB's Monetary Policy Implementation Framework in focus

Rand Merchant Bank says the change in the SARB's monetary policy implementation framework will have implications for fixed-income investors, as it is likely to result in changes to the supply and demand of certain instruments, and lead to structural adjustments with regards to market reference rates. Business Day TV caught…

8 Jul 2022 11AM 8 min

The Week In Perspective

The country continues to limp along fumbling around in the dark in response to a 15 year old energy crisis. Importantly the NPC has called for a state of emergency to deal with red tape holding us back. ‘Multiple blows leave economy reeling’ and ‘Policy uncertainty at a high’ were…

8 Jul 2022 8AM 25 min

Rand hovers near R17 to the dollar

The rand has staged a slight recovery and retreated from a 20-month low, but it is still trading near R17 to the dollar as risks such as Eskom’s power cuts and fears around a global recession persist. Business Day TV discussed the moves playing out in the currency space with…

7 Jul 2022 1PM 6 min

Bitcoin tumbles in the second quarter

Bitcoin has hit an 11-year low, after slumping by 56% during the second quarter of 2022. Business Day TV discussed the factors behind the decline with the General Manager for Africa at Luno, Marius Reitz.

7 Jul 2022 1PM 7 min

Solidarity calls on small power producers to apply for permits

South Africa's private sector will need to ramp up electricity production between now and 2025 to match what power utility Eskom is currently producing. The forecast, from Solidarity, comes as some coal-fired power stations are beginning to reach their end of life cycle, and the trade union is appealing to…

7 Jul 2022 12PM 9 min

Animal Spirits

The first half of 2022 will be one that investors will want to forget in a hurry. Not often bonds and equities sell off like we saw. The S&P gave back 16.45%; the Nasdaq -22.44%. Over in Europe the Eurostoxx 600 declined 15.5% with not a single sector closing in…

7 Jul 2022 7AM 26 min

ETF market posts losses in the first half

ETFs have had a rough first half, with inflows declining amid fears that a recession may be looming. Business Day TV caught up with CoreShares' Client Coverage Executive, Michelle Noth and she shared where she's seeing opportunity in the passive investment space.

6 Jul 2022 1PM 7 min

Power cuts weigh on SMEs

South Africa’s energy woes have had a major impact on local small businesses, with some firms unable to purchase alternative power products which has left those businesses reliant on Eskom. Business Day TV discussed the impact of the power cuts on SMEs with the CEO of the Small Business Institute,…

6 Jul 2022 12PM 7 min

Impact of load shedding on municipal infrastructure

The National Planning Commission says an 'energy emergency' should be declared to accelerate the delivery of new generation capacity. Business Day TV spoke to Vally Padayachee, a former COO of City Power JHB and former Eskom Generation Executive Manager for a look at the impact and role of municipalities.

6 Jul 2022 12PM 9 min

The Marketing Bots

Of all a company’s functions, marketing has perhaps the most to gain from artificial intelligence. Marketing’s core activities are understanding customer needs, matching them to products and services, and persuading people to buy—capabilities that AI can dramatically enhance. and globally it appears chief marketing officers are increasingly embracing the technology:…

6 Jul 2022 8AM 17 min