Business News Leaders

Time for EV manufacturing is running out, warns Naamsa

Europe has accelerated its push towards the electric vehicle (EV) market. The region is South Africa's key export market for cars and with the local automotive industry falling behind in the production of EVs, Naamsa has called on government to speed up policy on this front. Business Day TV spoke…

5 Jul 2022 1PM 7 min

Eskom’s power cuts gives Ellies a boost

Eskom’s power cuts have given Ellies a boost, as shoppers snapped up alternative energy products like inverters and solar panels to make up for the drastic blackouts. Business Day TV spoke to Ellies CEO, Shaun Prithivirajh for more detail.

5 Jul 2022 12PM 7 min

Constructing a mafia state

Since 2015, South Africa has witnessed the emergence of a new kind of crimi-nality in the form of organized groups targeting the construction sector under the banner of ‘radical economic transformation’. Dubbed the ‘construction mafia’ in the media,1 these people have organized themselves into groups known as ‘local business forums’…

5 Jul 2022 8AM 27 min

Market Report - 04 July 2022

Carmen Mpelwane from Absa Asset Management joins Business Day TV for a broader look at the day's market movers

4 Jul 2022 2PM 6 min

Mothball electricity-guzzling smelters?​

South Africa's energy woes have intensified and Etienne Rübbers, co-founder of Renew-e, a developer of renewable energy and gas projects has suggested the government mothball two of South32's smelters to provide headroom to work on electricity supply. Business Day TV unpacked the idea with Renew-e's Etienne Rübbers for more detail.

4 Jul 2022 2PM 8 min

Investing in the agricultural sector

Food insecurity has become a major risk amid rising prices for soft commodities, largely due to a recovery in demand. Business Day TV unpacked these issues with Investment Analyst at Anchor Capital, Casey Delport.​

4 Jul 2022 2PM 5 min

Small cap stocks post positive gains in the first half of 2022​

Equity markets had a tough time during the first half of 2022 and neared record lows, but there have been some bright sparks, one of them being the JSE small cap stocks. During the first six months of the year the Small Cap index recorded a 4.2% jump outperforming both…

4 Jul 2022 1PM 8 min

Retail state of the nation

Following last week’s pre-close update from Hyprop a few analysts have turned a little more bullish on the consumer as it revealed footfall is back to pre-pandemic levels and with masks now a thing of the past there is some emerging optimism. But that needs to be tempered against last…

4 Jul 2022 8AM 26 min

Manufacturing sector takes a knock in June

Manufacturing activity has been under pressure as the sector continued to battle with supply chain disruptions and load-shedding. The impact has been reflected in the Absa’s PMI data for June, which shows a decline to 52.2 points from 54.8 points previously. Business Day TV unpacked the data in greater detail…

1 Jul 2022 11AM 7 min

The Week In Perspective

Things are not looking good as we start the second half of the year. The MSCI global stock index notched its biggest first-half of a year percentage drop on record on Thursday, while the U.S. benchmark S&P 500 had its steepest percentage drop for the first six months since 1970…

1 Jul 2022 10AM 25 min

The Week In Perspective

Things are not looking good as we start the second half of the year. The MSCI global stock index notched its biggest first-half of a year percentage drop on record on Thursday, while the U.S. benchmark S&P 500 had its steepest percentage drop for the first six months since 1970…

1 Jul 2022 8AM 25 min

Renergen's Gandalf hits new gas

Renergen's gas blower, Gandalf has struck new gas at its Virginia gas project. This amid increasing natural gas prices as the Russia-Ukraine conflict fuels supply fears. Business Day TV spoke to Stefano Marani, CEO of Renergen for more on what this new find means for the group as it looks…

30 Jun 2022 1PM 9 min

The state of the South African economy

Despite the South African economy returning to pre-pandemic levels, economists are growing concerned about growth going forward. That's as South Africa continues to struggle with rising inflation, high unemployment levels and load-shedding. This has pushed PwC to revisit its outlook for the local economy and Business Day caught up with…

30 Jun 2022 1PM 8 min

Outlook for US Tech stocks

US Tech stocks have been under pressure this year with the Nasdaq down over 25% year to date on the back of aggressive Fed rate hikes and hot inflation. Business Day TV caught up with Senior Markets Analyst at Oanda, Craig Erlam and he shared his outlook for these stocks…

30 Jun 2022 12PM 6 min

SA Economy Faces Bleak reality

As South African consumer sentiment crashed to its lowest level in more than three decades during the second quarter, the major deterioration in the country’s economic outlook is cause for huge concern. Having already slipped from -9 to -13 index points during the first quarter of 2022, the FNB/BER consumer…

30 Jun 2022 7AM 26 min

Unpacking Eskom’s wage and load-shedding crisis

Eskom has confirmed that its striking employees have returned to work, after the state utility and unions agreed to go back to the negotiation table. Eskom had intensified power cuts after workers embarked on an unprotected strike following a breakdown in wage negotiations.Business Day TV discussed this in detail with…

29 Jun 2022 1PM 13 min

Crypto market takes a breather

The crypto market has continued to take a beating, with bitcoin retreating to just above the $20,000 mark. Business Day TV discussed this in detail with Luno’s Marius Reitz.

29 Jun 2022 1PM 6 min

Tashas to expand operations amid rising inflation

Restaurant group Tashas plans to expand its footprint in South Africa, Dubai and Saudi Arabia. The growth plan comes amid rising inflation and dwindling consumer confidence levels. Business Day TV caught up with founder and CEO of the group Natasha Sideris for more detail.

29 Jun 2022 12PM 7 min

SA Liquid Fuels Risks and Opportunities in JET

While we are all focussing on Stage 6 loadshedding and the coal part of the just transition, the future of the liquid fuels value chain is currently also in a state of rapid flux. At its heart is the automotive sector and the changes we are seeing globally to the…

29 Jun 2022 8AM 24 min

Karpowership blames government for project delays

Karpowership, a winner in South Africa's emergency power procurement program says it is unable to proceed with its project that will feed electricity into the grid due to government delays. Business Day TV spoke to Mehmet Katmer, Business Development Director of Karpowership for more detail on the hold up and…

28 Jun 2022 1PM 7 min