Business News Leaders

​Forus launches digital asset exchange

Forus has launched its digital asset exchange and the company says this is the next step in positioning itself as the leading edge of the 4th Industrial Revolution as it bridges the gap between the old economy and the new. For more detail, Business Day TV caught up with the…

1 Feb 2021 1AM 4 min

State of the mining nation

The annual Mining Indaba will take place as a virtual event under the theme, 'Resilience and Regrowth: adopting the new mindset for African mining'. The agenda covers the challenges and opportunities facing the sector, as well the industry's role in rebooting the South African economy​. Business Day TV spoke to…

1 Feb 2021 1AM 7 min

Stock Wars — Revenge of the Short Squeeze

What a week we've had dominated by the Wallstreet bets Redditors who took on the hedge fund Goliath and won, until Robinhood changed the rules of the game. Vaccine trials continue, The IRBA board has been dissolved and the IMF tell SA to up its game. To review the week…

29 Jan 2021 1AM 29 min

World leaders pledge a ‘great reset’ for global economy

This year’s virtual World Economic Forum (WEF) meeting centred on rebuilding the global economy amidst the pandemic. Business Day TV caught up with Mike Brown, Chief Executive of Nedbank for his view on the key takeaways from the forum.

29 Jan 2021 1AM 5 min

Future of Business - Platinum Group Minerals

In light of the the mining indaba that will be taking place in the first week of Feb we focus on the outlook of the mining industry, more specifically the Platinum Group Minerals (PGMs). Joining Business Day TV is Nedbank CIB's mining analyst, Arnold van Graan

29 Jan 2021 1AM 5 min

The New Map - Energy, Climate and the Clash of Nations

When there is a tectonic shift in the global order, one needs to bring in the cartographers to redraw the maps – the tectonic events are the shale revolution, the solar revolution, the Paris Climate Agreement and the growing fissure between the US and China. Pulitzer Prize winner, Daniel Yergin,…

28 Jan 2021 1AM 27 min

Why NERSA awarded Eskom an extra R6bn

The National Energy Regulator has announced that Eskom can recover an extra R6 billion from its customers. The news may be welcomed by the cash-strapped utility but not by consumers, who are already struggling financially with the cost of spiralling electricity prices. Business Day unpacked the decision with Nhlanhla Gumede,…

28 Jan 2021 1AM 16 min

Should SA borrow to buy Covid-19 vaccines?

While South Africa may be headed for a debt crisis with a budget deficit of R761.7bn, Isaah Mhlanga, executive chief economist at Alexander Forbes says that it may be in the country’s best interests to take on even more debt to purchase Covid-19 vaccines. Business Day TV spoke to Mhlanga…

27 Jan 2021 1AM 8 min

Why are private equity investors eyeing e-commerce startups?

The covid-19 pandemic has changed the way private equity capital is allocated with investors moving away from infrastructure and energy projects to instead finance e-commerce startups, particularly firms that operate in the education and healthcare industries. Business Day TV caught up with the CEO of the Southern African Venture Capital…

27 Jan 2021 1AM 3 min

What is SA’s role in the great reset?

This year's World Economic Forum (WEF) meeting takes place as a virtual event under the theme ‘The Great Reset' where discussion are centred on how to build a global economy that is fair, sustainable and resilient. So where does South Africa fit into that picture? Business Day TV spoke to…

27 Jan 2021 1AM 7 min

Will SA's energy sector transform in 2021?

2021 is set to be a significant year of transition for South Africa's energy and minerals industry, according to PwC, as renewable energy is poised to begin displacing coal as the country's electricity workhorse. Business Day TV discussed this in detail with the group’s director of infrastructure & energy, James…

26 Jan 2021 1AM 5 min

What's next for African Bank?

African Bank swung to an annual loss of R27m during the firm's full-year as the effects of the Covid-19 pandemic weighed on South Africa's economy and put strain on households. Business Day TV spoke to the bank's interim CEO Gustav Raubenheimer for more detail.

26 Jan 2021 1AM 6 min

Can SA still reach its NDP 2030 goals?

South Africa’s economy has been hard hit by the Covid-19 pandemic and the economic climate has brought the viability of the goals, set out by the 2030 National Development Plan, into question. Business Day TV spoke to Xolelwa Kashe-Katiya, Project Director of the Indlulamithi SA Scenarios 2030 to discuss what…

26 Jan 2021 1AM 7 min

Ivermectin impasse

AfriForum has brought an urgent court application against the South African Health Products Regulatory Authority and Health Minister Zweli Mkhize over the use of ivermectin for Covid-19 patients. It says SAHPRA has failed to approve applications by doctors which were brought in terms of Section 21 of the Medicines and…

26 Jan 2021 1AM 26 min

Are South African bonds still attractive?

South African bonds have come out tops over the past five years, delivering returns of 10.4% per annum between 2016 and 2020. But now with numerous risks at play will this trend continue? Business Day TV touched base with Malcolm Charles of Ninety One for his take.

25 Jan 2021 1AM 4 min

Political Party Funding Act takes effect on 1 April

South Africa's Political Funding Act, which was signed into law two years ago, will take effect on April 1st. The legislation calls for transparency from political parties and their donors in terms of funding, and seeks to eradicate corruption and improve accountability in government. Business Day TV spoke to David…

25 Jan 2021 1AM 6 min

Have restaurants been served a raw deal?

While restaurants are able to operate under the adjusted level three lockdown restrictions, trading has become more difficult due to the 9pm curfew, social distancing requirements and the ban on alcohol sales. The industry is also having to deal with new labour rules that will drive up costs by 16%…

25 Jan 2021 1AM 7 min

Lethal cocktail threatens alcohol industry

With no end in sight to the alcohol ban and numbers of Covid infections in the decline South Africa Michael Avery speaks Sibani Mngadi, Chairperson of the SA Liquor Brandowners Association; Lucky Ntimane, Convenor of the National Liquor Traders Council; & Wendy Alberts, CEO of the Restaurants Association of SA,…

25 Jan 2021 1AM 26 min

MPC stands pat on rates

The reserve bank remained cautious at its first monetary policy committee (MPC) meeting for 2021 by deciding to keep the repo rate steady at a record low of 3.5%. Business Day TV caught up with Econometrix chief economist Azar Jammine and Sanlam Investments chief economist Arthur Kamp for a closer…

22 Jan 2021 1AM 14 min

Unions ask companies to hold off on job cuts

The economic impact of covid-19 has filtered through to the job market with a number of firms planning to retrench workers. Unions however don't think this is the way to go, and Fedusa has called for a moratorium on all lay-offs in an effort to preserve jobs. Business Day TV…

22 Jan 2021 1AM 6 min