Business News Leaders

Rand juggles local and international risks

The rand has remained one of the top performing emerging currencies in 2022, despite dealing with local and global pressures like the global monetary tightening trend, recession fears and local power cuts. Business Day TV caught up with RMB's Fixed Income and Currency analyst, Kim Silberman to unpack some of…

28 Jun 2022 1PM 7 min

Total employment improves in the first quarter of 2022

Employment in South Africa has increased, as 42,000 jobs were created during the first three months of the year. The uptick marks a 0.4% rise when compared to the previous quarter, which is mainly due to an increase in jobs in community services as well as the mining and manufacturing…

28 Jun 2022 1PM 8 min

Surging costs weigh on PPC

Surging costs weighed on PPC’s annual performance. South Africa's biggest cement-maker has posted a slide into the red, reporting a loss per share of 5 cents despite an 11% increase in group revenue. Business Day TV the performance with CEO Roland van Wijnen.

27 Jun 2022 2PM 7 min

Invicta boasts strong recovery from Covid, lockdowns

Invicta has posted a solid recovery from the effects of Covid-19. The industrial holding company grew its annual revenue by 15% while headline earnings per share shot up by 99%. A final dividend of 90 cents has been declared, which reflects an increase of 50%. Business Day TV spoke to…

27 Jun 2022 2PM 8 min

Transport regulatory dysfunction throttling tourism

SATSA, the country’s leading inbound tourism industry association, last week raised the red flag on red tape that is strangling the fragile post-pandemic recovery of the country’s critical tourism sector, with hundreds of new and existing tour operators unable to work, or being forced to do so illegally, as it…

27 Jun 2022 8AM 26 min

The Week In Perspective

The final report of the Zondo Commission into State Capture: with the handing over by Chief Justice Raymond Zondo of his 1800 page final report to President Cyril Ramaphosa in Wednesday the lengthy and tortuous road towards uncovering the truth about state capture corruption and fraud in SA has now…

24 Jun 2022 8AM 25 min

SA’s tourism sector welcomes repeal of Covid-19 rules

South Africa has repealed COVID-19 regulations governing the use of face masks and which imposed entry requirements at its borders. The country’s tourism sector has welcomed the move, saying it bodes well for the sector and will give the local economy a boost. Business Day TV caught up with Tshifhiwa…

23 Jun 2022 2PM 9 min

Construction sector activity declines in Q1

The Afrimat Construction Index declined by 3.5% in the first quarter, with Intimidation, extortion and violence on construction sites cited as obstacles to the further expansion of construction activity. Business Day TV spoke to Independent Economist Roelof Botha, who compiles the index, for more detail.

23 Jun 2022 1PM 8 min

Trends that will drive ecommerce in 2022

New data from FNB Merchant Services shows that the South African online e-commerce market has grown rapidly and is currently estimated at just under R200 billion per annum. Companies such as Takealot, Woolworths and Checkers are all adapting to new consumer habits. According to FNB, an increase in the e-commerce…

23 Jun 2022 7AM 25 min

Opportunities in the bond market

The bond market has been battered this year on the back of the global trend of monetary tightening and some traders are still seeing opportunity in the local fixed income arena, saying that 10-year government bond yields are attractive. Business Day TV discussed this in detail with the Head of…

22 Jun 2022 1PM 7 min

Inflation breaches upper level of Sarb's target range

Consumer prices accelerated in May and rose to a five-year high of 6.5%, due to rising food and petrol prices. The print is well above the Reserve Bank’s target range of 3%-6%. Business Day TV discussed what this means for the South African economy with Senior Economist at BNP Parabis…

22 Jun 2022 1PM 7 min

Stadio to enter growth phase as student numbers rise

Stadio says it is set to enter a growth phase and is on track to achieve its 56,000 student target by 2026, after growing its base by 11% during the first half of 2022. Business Day TV spoke to Chris Vorster for more detail on the group's growth plans.

22 Jun 2022 11AM 9 min

Industrial Policy Review Required

It doesn’t exactly dominate the news cycle, but SA’s industrial policy has major ramifications for economic policy, growth and job creation. Spelt out in a series of annual Industrial Policy Action Plans (IPAPs) and now sector master plans, South Africa’s industrial policy has been in place for roughly 15 years…

22 Jun 2022 8AM 26 min

N3 blockades halted after truckers, government ink agreement

Government and road freight parties have signed an agreement to end the N3 blockades. The agreement involves an 11-point action plan which aims to addresses key concerns in the industry that have led to the blockades. Business Day TV spoke to Gavin Kelly, CEO of the Road Freight Association for…

21 Jun 2022 1PM 7 min

How attractive is SA as an investment destination?

South Africa’s government hopes to secure R1.2 trillion over the next five years, and to achieve this goal the private and public sector have joined forces to try and garner investments for an economy that has been battered by the impact of Covid-19. Business Day TV caught up with the…

21 Jun 2022 1PM 7 min

Mining industry moves to generate its own electricity

The mining industry has started investing in its own electricity generation projects amid intensifying power cuts, and the push for private generation projects has deepened with the government adjusting licensing requirements. Business Day TV caught up with RMB’s David Jones to discuss the funding process for these projects.

21 Jun 2022 1PM 6 min

Banking on resilience

South Africa’s banking sector continues to ride the waves of global uncertainty and low local growth without too much alarm, setting its sails for growth where it can and trimming then when the clouds of risk appear on the horizon. While South Africa is frequently slow to adopt new technologies,…

21 Jun 2022 9AM 26 min

Omnia reports profit surge

Demand for its products has boosted Omnia during it's full-year. During the period the chemicals, fertilizer and explosives group reported a 30% jump in revenue while profit soared by 80%. Thanks to these gains, the group has rewarded its shareholders with a final dividend as well as a special dividend…

20 Jun 2022 3PM 7 min

Discovery Bank hits 1-million accounts

Discovery’s banking offering has reached a new milestone of one million registered accounts and it has also decided to introduce a variety of offerings, including access to a no-fee account for all clients of the Discovery group and a Vitality pay-as-you-gym system for certain gyms. Business Day TV discussed the…

20 Jun 2022 2PM 7 min

Trade of the Week - Russell 2000 Index & McDonald’s

Join Independent Analyst, Loyiso Mpeta as he takes us through what the charts are telling him about the Russell 2000 Index and McDonald’s.

20 Jun 2022 2PM 5 min