Business News Leaders

DRD Gold shines in H1

A surge in the gold price has given DRDGold a boost. The tailing specialist's half-year headline earnings per share more than doubled while revenue shot up by 41%, allowing the group to up its interim dividend by 60%. Business Day TV spoke to Niël Pretorius, CEO of DRDGold for his…

16 Feb 2021 1AM 7 min

Incubating the golden mining goose

We are in the early phases of another commodity upswing that has all the hallmarks of another super cycle, driven in large parts by China again and its expansive belt and road policy as well as the world looking to leverage infrastructure to catalyse growth in the aftermath of the…

16 Feb 2021 1AM 26 min

Investors continue to bet on SA bonds

South African bonds may have been dropped from the FTSE World Government Bond Index but investors are still seeing value in local bonds, saying that the yield advantage will keep foreigners buying. Business Day TV spoke to RMB’s Varushka Singh for her perspective on the fixed income scene.​

16 Feb 2021 1AM 3 min

Higher gold price gives Pan African a boost

Pan African Resources has benefitted from a higher gold price. The group's interim profit nearly doubled during the period, and the firm expects the momentum to continue. Business Day TV unpacked the results with Cobus Loots, CEO of Pan African Resources.

16 Feb 2021 1AM 5 min

Tax Tips for Tito Mboweni

Finance Minister Tito Mboweni will table the national budget next week and taxes are expected to be a focal point in the spending plan. Business Day TV spoke to Sharon Smulders, Project Director of Tax Advocacy at Saica for some tips for the minister ahead of his address.

15 Feb 2021 1AM 6 min

What's driving the fifth commodity supercycle?

Commodities have started the year on a good note, and recovered from the lows seen in 2020 . The rally has triggered speculation that a new commodity supercycle is underway and Business Day TV discussed this in detail with Arnold van Graan from Nedbank CIB.

15 Feb 2021 1AM 5 min

2021 Budget preview

Finance Minister Tito Mboweni has a tough balancing act ahead of him. The Minister is set to present the country's spending plan next week, which comes amid weak economic growth and as the state needs to fund the Covid-19 vaccine programme. Business Day TV spoke to Maarten Ackerman, Chief Economist…

15 Feb 2021 1AM 8 min

S12J sunset clause — industry urges Treasury not to throw baby out with the bathwater

As Covid-19 causes our fiscal deficit to bulge even further, perhaps a little less than anticipated thanks to the recent better than expected tax take numbers for November and December, what role should and could incentives such as Section 12J play in supporting smes through this crisis and int the…

15 Feb 2021 1AM 25 min

What financing options are there for infrastructure?

Government has emphasised that infrastructure is critical for economic development, and that a clear plan for funding and financing infrastructure would be necessary to accelerate investment. Business Day TV spoke to RMB’s investment strategist, Elena Ilkova for more detail.​

12 Feb 2021 1AM 5 min

SONA — The fynbos fiddler

South Africans, the few who chose to watch last night's virtual State of the Nation address, and many who preferred to skip it and get the highlights of promises made and broken, were searching for signs of light to gauge how far down the tunnel we actually are. So how…

12 Feb 2021 1AM 27 min

Why the aviation industry continues to attract investors

Head of Aviation Finance at Nedbank Corporate and Investment Banking, James Geldenhuys, talks to Business Day TV about the risks and opportunities in the sector.

11 Feb 2021 1AM 6 min

COIDA Amendment: Protecting workers or avoiding accountability?

As increasing numbers of employees return to the workplace with the easing of lockdown levels, cases of occupationally acquired Covid-19 are likely going to rise again into winter and then persist until a vaccine becomes widely available. It is worried that the Compensation Fund, which has a long and undistinguished…

11 Feb 2021 1AM 25 min

ARB sets sights on growth opportunities

ARB Holdings has shrugged off the impact of SA's Covid-19 related lockdown to report a near 26% jump in interim headline earnings per share and a tripling of cash on hand to R305mn. The group says its healthy balance sheet now puts it in a position to expand and make…

11 Feb 2021 1AM 4 min

Demand for home renovations gives Italtile a boost

The Covid-19 pandemic has worked in Italtile's favour with demand for home renovations surpassing expectations during the group's interim period. This, along with cost-saving measures and operational efficiencies helped the company generate turnover growth of 14% while profits grew by 42%. Business Day TV spoke to Jan Potgieter, CEO of…

11 Feb 2021 1AM 7 min

Expectations for SONA 2021

All eyes will be on President Ramaphosa as he delivers the State of the Nation Address tomorrow. South African citizens and the business community are keen to see what government sets out as its key priorities for this year, and how it plans to drive economic change. Business Day TV…

10 Feb 2021 1AM 7 min

Will SA’s vaccine drive kickstart the economy?

SA’s vaccine rollout is not going as planned with recent research showing that the AstraZeneca shot is less effective against the strain of the a Covid-19 virus that is prevalent in the country. This has prompted the state to rethink its strategy and talks are currently underway to see if…

10 Feb 2021 1AM 8 min

Engineering a solution to slow infrastructure rollout

Infrastructure remains the centrepiece of the Reconstruction and Recovery plan, which promises to enable a significant expansion in the delivery of public infrastructure, creating jobs, unlocking investment and boosting aggregate demand. But research firm Intellidex points out that there remain serious chicken/egg problems around required PFMA/MFMA/PPP regulatory changes to meaningfully…

10 Feb 2021 1AM 24 min

Small business balks at more red tape

In December, the department of small business development released the National Small Enterprise Amendment Bill for public comment. Chapter 3A, which establishes a small enterprise ombudsman service and grants far-reaching powers to the minister of small business development to determine and prohibit “unfair trading practices'', has come in for some…

9 Feb 2021 1AM 24 min

12J association calls for extension of tax incentives for investors

This year marks the 12th year that South African taxpayers are able to take advantage of the Section 12J tax incentive but this may soon end as a result of a "sunset clause" in the Income Tax Act, which only makes provision for such investments until the end of June…

9 Feb 2021 1AM 4 min

How to get fractional ownership in a wine farm

The price of a wine farm may deter investors who do not have deep pockets but fractional ownership could make the purchase a bit more attainable. Hemelzicht Vineyards has presented a business model which could see a group of investors own a 1% stake in a wine farm for R1…

9 Feb 2021 1AM 5 min