Business News Leaders

EU/SA Trade

South Africa’s trade balance with the European Union is moving in the right direction, with exports outpacing imports. But SA could have a much, much better story to tell, and not be mainly reliant on the demand for commodities post-Covid … if it was fully exploiting its trade pact with…

8 Jun 2022 7AM 27 min

Sygnia delivers a record half-year performance

Sygnia has delivered a record-half-year performance, due to a strong showing by its exchange-traded funds (ETFs) and its retail business. The firm has posted revenue growth of 13% while profit jumped 31.5%. Business Day TV caught up with CEO David Hufton for more detail.

7 Jun 2022 1PM 6 min

Oil prices remain steady

The oil price remained steady and failed to cross over the $120 mark, as investors weighed up additional supply from Venezuela and Opec amid rising demand from China. Business Day TV discussed this in detail with RMB's Client Strategist, John Cairns.

7 Jun 2022 1PM 6 min

Assessing the health of SA's economy

A near 5% expansion in the manufacturing sector during the first quarter of this year has helped South Africa’s economy rebound by 1.9%. The reading comes above market consensus of 1.2% growth and marks a and return to pre-pandemic levels. Business Day TV spoke to Maarten Ackerman, Chief Economist at…

7 Jun 2022 1PM 9 min

Pioneering cross border payments in Africa

The payments, banking and financial services sectors are undergoing an unprecedented period of disruption and change. In an ever-evolving reality, collaboration is the key to survival…especially when we look at cross border transactions as Africa opens up via the African Continental Free Trade Area. Unfortunately, there are still many payment…

7 Jun 2022 8AM 25 min

Investment and consulting drive up profit for Alexforbes

A solid performance by Alexforbes’ investment unit and individual consulting business gave the firm a boost. South Africa’s largest retirement fund administrator has posted a 7% rise in annual operating income, while headline earnings per share from continuing operations increased by 19%. Business Day TV unpacked the performance with CEO…

6 Jun 2022 1PM 8 min

SA's energy reform momentum

South Africa’s energy reform is gaining momentum. The National Energy Regulator of SA (Nersa) recently announced that 16 more Independent Power Producer projects are up for approval following its licensing exemption for 100MW of energy. Day TV spoke to Saul Musker, Director for Strategy & Delivery Support in the Private…

6 Jun 2022 12PM 13 min

Technical analysis - Sabvest and Grindrod

Join Independent Analyst Loyiso Mpeta, as he takes us through what the charts are telling him about Sabvest and Grindrod.

6 Jun 2022 12PM 6 min

Animal Spirits

Markets will be on tenterhooks for the U.S. consumer price report on Friday, especially after EU inflation shocked many with a record high last week. Forecasts are for a steep rise of 0.7% in May, though the annual pace is seen holding at 8.3% while core inflation is seen slowing…

6 Jun 2022 8AM 22 min

The week in perspective

Asian equities rose in early trade this morning following a strong performance on Wall Street overnight ahead of a key US jobs data release, while crude held most of the previous day's gains after an Opec output hike disappointed traders. Still, a rally in beaten-down tech firms helped drive healthy…

3 Jun 2022 8AM 25 min

Unpacking Comair's cash flow issues

Comair has grounded its flights until it has secured funding and the airline’s business rescue practitioners have advised that the process to raise the necessary capital is underway. Business Day TV unpacked the issues facing Comair with Independent Aviation analyst, Phutego Mojapele.

2 Jun 2022 1PM 6 min

Navigating a bear market

Fears around rising inflation and slowing growth have weighed on investors this year, further pushing markets into the red. In May, the SP500 fell over 19% from its recent high, nearing bear market territory. Business Day TV discussed how to navigate current market conditions with Investment Strategist at Old Mutual…

2 Jun 2022 12PM 6 min

Strong demand boosts Capital Appreciation

Strong demand for IT products has given Capital Appreciation a boost. The Fintech saw its top-line growing by 34% while headline earnings per share advanced by 30%. Business Day TV unpacked the performance with the company's joint-CEO Brad Sacks.

2 Jun 2022 12PM 7 min

Is ending loadhshedding in 24 months possible?

South Africa, the world’s 13th-biggest source of greenhouse gases, will need to spend $250 billion (about R4-trillion) over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a recent consultation paper. The Blended Finance Taskforce and the Centre for Sustainability Transitions…

2 Jun 2022 8AM 29 min

Absa PMI improves in May

A significant jump in new sales orders underpinned an improvement in the Absa PMI for May, with the headline PMI rising by 4.1 index points to 54.8. Despite the improvement, Absa has cautioned that the sector could experience an output contraction in the second quarter. Business Day TV unpacked the…

1 Jun 2022 1PM 9 min

Motorists take another hefty fuel price hike

South Africans have been hit with another fuel hike, as petrol prices reached a new high of over R24. The increase has however has been cushioned by government, as it extended the fuel levy reduction. Business Day TV discussed the impact this would have on consumers with Layton Beard from…

1 Jun 2022 1PM 5 min

Halfway to COP27 - Are Gov'ts (inc. SA) delivering on their climate promises?

In the wake of the recent KzN floods and the continued slow burning debate about South Africa’s just energy transition the 1st of June is a good day to assess how SA is delivering on its promises in respect of climate change as we are roughly half way to Cop…

1 Jun 2022 7AM 27 min

Famous Brands resumes dividend payments

Famous Brands has restored dividend payments. The payout of R2 per share, follows a 38% rise in revenue and a surge in headline earnings per share to R3.56. Business Day TV unpacked the company's annual performance with CEO Darren Hele.

31 May 2022 1PM 6 min

Why are SA bonds still in favour?

The local bond market is proving to be resilient amidst market volatility, with some asset managers saying that the instruments will provide steady returns in the near term. Business Day TV caught up with RMB's Michelle Wohlberg for her view on South African bonds.​

31 May 2022 1PM 6 min

SA's unemployment rate eases slightly in Q1

South Africa's labour market had a good start to 2022. The country’s unemployment rate declined for the first time in nearly two years, after easing to 34.5% in the first quarter from 35.3%. The community and social services sectors led the job gains while private households shed the most jobs…

31 May 2022 1PM 6 min