Business News Leaders

Municipalities allowed to develop power projects

South African municipalities are now permitted to generate their own power, following amendments to electricity regulations. The regulations only allow municipalities that have received a clean audit, to take up the opportunity. Business Day TV spoke to Nhlanhla Ngidi, Head of Energy & Electricity Distribution at Salga for more insight

19 Oct 2020 2AM 8 min

How credible is President Ramaphosa's economic recovery plan?

The president spoke about building a new economy on Thursday in the wake of Covid 19. It's important to bare in mind the most important change from pre-COVID-19 SA, was a lockdown-induced tax collapse of R304billion. Additional funding from the World Bank and other international financial institutions only amounted to…

16 Oct 2020 2AM 26 min

How will the outcome of the US election impact SA?

In less than three weeks, American will head to the polls to decide if Donald Trump will secure a second presidential term or if Joe Biden will be head of state. Either way, where will that leave SA's relationship with the US? To find out Business Day TV spoke to…

16 Oct 2020 2AM 6 min

PSG places confidence in Curro after Capitec unbundling

PSG Group has thrown its weight behind Curro. The investment holding company has increased its stake in the private schooling group after unbundling from Capitec. While the value of its underlying portfolio has been impacted by this, PSG says its remaining investee companies are adequately capitalised to weather tough conditions…

15 Oct 2020 2AM 4 min

Will SA's economic recovery plan​ work?

President Cyril Ramaphosa has unveiled his economic recovery plan which aims to increase growth to around 3% on average over the next decade. The plan promises among other things the creation of 800, 000 jobs, reliable energy supply and infrastructure development. Business Day TV spoke to Miriam Altman, Commissioner in…

15 Oct 2020 2AM 8 min

Should the deal between Vodacom and Rain be considered a merger?

Vodacom and Rain's spectrum agreement has been under the spotlight yet again this week. This time around, Telkom's approached the Competition Tribunal claiming that the agreement should be deemed a merger, and should be subjected to scrutiny by the competition authorities. Business Day TV discussed the detail with Preshendran Odayar…

15 Oct 2020 2AM 7 min

Is e-commerce booming in SA?

SA retail sales shrunk by 4.2% year-on-year in August following a revised 8.6% contraction in July but on a month-on-month basis sales were up 4%. This indicates that the sector is staging a slow recovery. Business Day TV caught up with Craig Lubbe, CEO of BidorBuy to discuss the trends…

14 Oct 2020 2AM 7 min

What made Cartrack resilient during the pandemic

Covid-19 hasn't put the brakes on Cartrack's performance. The fleet management and asset recovery group grew interim revenue by 16% as its subscriber base expanded during the period. Business Day TV spoke to Brendan Horan, Chief Strategy Officer at Cartrack for more detail.

14 Oct 2020 2AM 7 min

What will dominate market moves in the next 18-months?

Business Day TV caught up with the CEO of Anchor Capital Peter Armitage for insight into the themes that will dominate market moves over the next 18-months.

14 Oct 2020 2AM 4 min

Has Equites' focus on logistics assets paid off?

​Equites says its focus on high-quality assets and financially stable tenants paid off during the first half as the logistics-focused property group managed to raise its interim dividend slightly. Business Day TV caught up with the company's CEO Andrea Taverna-Turisan to discuss the results in more detail.

13 Oct 2020 2AM 7 min

Mining activity slowdown eases in August

The slowdown in mining production eased in August with output falling 3.3% compared to a 6.5% contraction in July. Business Day TV unpacked the print with RMB economist Mpho Molopyane.

13 Oct 2020 2AM 5 min

Treasury agrees to amendments to draft tax laws

Treasury has made a concession for people planning to emigrate. It says that those who apply before March 1 will be exempt from a proposed rule that prevents people from accessing their lump sum retirement funds before being a tax resident in another country for three years. Business Day TV…

13 Oct 2020 2AM 5 min

The Great Barrington Declaration

As much of the world gears up for a second round of lockdowns, and restrictions on everyday life grow ever tighter, a group of infectious-disease epidemiologists and public-health scientists have come together to propose an alternative. The Great Barrington Declaration was spearheaded by Martin Kulldorff from Harvard Medical School, Sunetra…

13 Oct 2020 2AM 27 min

Factory output continues to decline

Factory output contracted 10.8% in August, according to StastsSA. This marks the fifteenth month of decline. The print stands in stark contrast to Absa's purchasing manager's index which jumped to a 21-year high in September. Business Day TV caught up with Absa senior economist Miyelani Maluleke to discuss the disconnect…

12 Oct 2020 2AM 7 min

Impact investing more critical than ever post Covid

Due to the impact of COVID-19 on the South Africa economy and particularly the poor, the value of Impact Investing has been amplified and investors realise the integral role it plays as part of their investment portfolio. This is according to Impact Investing South Africa (IISA), who have compiled a…

12 Oct 2020 2AM 25 min

Opportunities in small cap sector

The global pandemic has weighed on many locally listed companies, with smaller companies being hardest hit. Business Day TV caught up with small cap stock analyst, Anthony Clark from Small Talk Daily to find out if there's still opportunity in the sector.

12 Oct 2020 2AM 4 min

What caused Balwin's profit to plunge by more than 50%

Lockdown regulations have weighed on Balwin. The property group had to put construction activity on hold in March and it only picked up again in June. As a result, interim revenue fell by 35%, but despite the knock Balwin has still declared a dividend on 19.6 cents per share. Business…

12 Oct 2020 2AM 6 min

SARB Monetary Policy Review

The Reserve Bank published its biannual Monetary Policy Review (MPR) this week and it’s all about assessing the data to get a better understanding of the road to economic recovery in the aftermath of the Covid induced shutdown of the economy. Michael Avery speaks to George Glynos, Co-Founder, Director and…

9 Oct 2020 2AM 17 min

PPC posts hefty annual loss

Tough trading conditions complicated by the Covid-19 pandemic have weighed on PPC. The cement maker has reported an annual loss of R2.4bn, which is more than twice the size of its market capitalization. Business Day TV caught up with the group's CEO, Roland van Wijnen for more insight on the…

9 Oct 2020 2AM 6 min

Sub-Saharan Africa to suffer first recession in 25-years – World Bank

The World Bank expects Sub-Saharan Africa to suffer its first recession in 25 years as the organisation is forecasting a contraction of 3.3% for 2020. Business Day TV spoke to Albert Zeufack, Chief Economist for the Africa regions at the World Bank for more on what lies ahead for the…

8 Oct 2020 2AM 10 min