Business News Leaders

Peregrine warns of tough times ahead

Once-off items have weighed on Peregrine. The group has reported a 28% slump in annual headline earnings per share. Peregrine has also warned that tough times lie ahead with volatility related to Covid-19 likely to persist for the next 6 to 12 months. Business Day TV touched base with CEO…

23 Jun 2020 2AM 5 min

SA's economy in the throes of the anticipated fallout from this global crisis

As we pick through the detritus in the wake of the Covid 19 wreckage its increasingly clear that theoretical relief was far removed from the practical realities of so many small business owners out there. The R200bn guaranteed loan scheme is a crucial centrepiece of "phase two" of the economic…

23 Jun 2020 2AM 25 min

Is aggressive QE a viable option for SA?

South Africa's reserve bank governor Lesetja Kganyago has warned that rolling out a full-blown quantitative easing programme could lead to bankrupting the Sarb which in turn would mean that the Sarb would need a bailout from the National Treasury. Business Day TV caught up with RMB's SA Economist Siobhan Redford…

22 Jun 2020 2AM 5 min

Why activists call for climate-conflicted directors to be voted out

Activist group Just Share and Standard Bank are not seeing eye-to-eye regarding its stance on ousting board members with links to fossil-fuel companies. Business Day TV spoke to Standard Bank's CEO Sim Tshabalala for the bank's perspective on the matter.

22 Jun 2020 2AM 8 min

Aspen works on life-saving Covid-19 drug

Aspen was recently thrust into the spotlight, after research showed that one of the drugs it supplies has reduced deaths in critically ill Covid-19 patients. Business Day TV spoke to Aspen's CEO Stephen Saad about whether the company has capacity to meet growing demand for the drug.

19 Jun 2020 2AM 7 min

On the Covid Frontline

Business Day TV's Michael Avery speaks to Dr Helen van der Plas, Infectious Diseases Specialist and Specialist Physician at the Life Vincent Pallotti Hospital in Pinelands in the Western Cape. All Life Healthcare hospitals have a dedicated COVID-19 Doctor Committee/Task Team to assist hospital management committees in clinical decisions and…

19 Jun 2020 2AM 25 min

Conjuring construction from the dead

This roundtable discusses the basics of the inaugural Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) which will be hosted by President Ramaphosa on 23 June 2020. Business Day TV's Michael Avery speaks to Dr Kgosiento Ramokgopa, head of the Investment and Infrastructure Office in The Presidency; Andries van Heerden,…

18 Jun 2020 2AM 26 min

Will SA's hospitality industry be able to bounce back?

Government has decided to allow a host of businesses to reopen as lockdown restrictions are eased under level three. The hospitality and gaming sector is among the industries that will be back in business but is it a little too late to secure a bounce back? Business Day TV spoke…

18 Jun 2020 2AM 11 min

Is the global economy set for a v-shaped economic recovery?

Some economists have offered an optimistic take on the global economy by forecasting a v-shaped recovery once lockdown restrictions are eased but have fears of a second wave dampened sentiment? Business Day TV discussed this in detail with Nema Ramkhelawan-Bhana from RMB.

18 Jun 2020 2AM 4 min

Death and taxes – the big inheritance debate

Last week leading constitutional law scholar Pierre de Vos, Claude Leon Foundation Chair in Constitutional Governance at the University of Cape Town and author of the Blog, Constitutionally Speaking, sparked a heated online debate when he said the time had come to reimagine how we deal with the transfer of…

17 Jun 2020 2AM 27 min

Ramaphosa appoints council to reform SOEs

President Cyril Ramaphosa has appointed a council that has been tasked with turning some of the country's ailing SOEs around and Business Day TV caught up with Nedbank Corporate & Investment Banking's Jones Gondo for more detail on what he made of the move.

17 Jun 2020 2AM 5 min

Government pursues plans for nuclear power build

The Department of Mineral Resources and Energy has taken steps to start a new nuclear-power programme. Business Day TV caught up with the department's Deputy Director General of Energy Zizamele Mbambo to discuss the latest efforts to revive South Africa's flagging nuclear industry.

17 Jun 2020 2AM 10 min

State to fork out R26bn for new SAA

Embattled South African Airways' long-awaited business rescue plan has been released which should pave the way for the carrier to be restructured. Aviation analyst Linden Birns spoke to Business Day TV for some analysis of what has been proposed.v

17 Jun 2020 2AM 4 min

Mboweni calls for zero-based budgeting

Finance minister Tito Mboweni is exploring ways to help the economy emerge from its biggest downturn and he's suggested that government look to zero-based budgeting as an option. Business Day TV caught up with Nazmeera Moola from Ninety One to discuss this proposed approach.

15 Jun 2020 2AM 7 min

Do SA bonds offer value in the current environment?

Foreign investors have been streaming back into South Africa's bond market after a record sell-off in the first five months of the year, and this comes after local bond yields hit five year lows last week. But is this sustainable? Business Day TV touched base with James Turp from Absa…

15 Jun 2020 2AM 4 min

On the Covid Frontline

We may have entered level 3 lockdown but the alert levels, as the community spread of Covid 19 increases, have only risen from green to amber and are approaching red. South Africa has passed through 50,000 infections and 1000 deaths this week. Business Day TV's Michael Avery speaks to Dr…

12 Jun 2020 2AM 25 min

World Bank warns South Africa’s GDP could sink by 7.1%

The World Bank expects South Africa to register a 7.1% contraction this year, due to the COVID-19 pandemic, but some economists think that prediction is way off the mark, and say a larger plunge is on the cards. Business Day TV spoke to Dawie Roodt, Economist at Efficient Group for…

12 Jun 2020 2AM 8 min

Will buyers’ market revive auto industry?

The slump in South African new-vehicle sales slowed in May as dealerships resumed some operations after a lockdown aimed at curbing the spread of the coronavirus pandemic was partially eased. These monthly declines resemble the industry downturn in 2008 and 2009. However, back then, production and public life didn’t largely…

11 Jun 2020 2AM 25 min

ConCourt says independents must be able to stand in elections

Changes to South Africa’s Electoral Act may well be on its way. The Constitutional Court has ruled that the legislation governing elections is unconstitutional, as it does not allow independent candidates to run for office in national and provincial polls. Business Day TV spoke to Lawson Naidoo from the Council…

11 Jun 2020 2AM 8 min

April mining production plunges to worst level recorded

Mining production remains in the doldrums, after plunging to its worst level on record in April. The fall was lead by the Platinum Groups Metals market. Business Day TV spoke to Henk Langenhoven, Chief Economist at the Minerals Council SA for his analysis of the print, and what it suggests…

11 Jun 2020 2AM 7 min