Business News Leaders

How the food industry is affected by the lockdown

Since the first case of Covid 19 in the country was confirmed in early March of this year, restaurants and food businesses around the country have been among the worst affected. As the virus continues to spread, Business Day TV's Michael Avery speaks to food industry veterans to talk about…

18 May 2020 5AM 25 min

How has Covid-19 impacted SA's poultry industry?

Astral Foods has so far been largely unscathed by the Coronavirus pandemic but the company has decided to err on the side of caution. It's holding on to its half-year dividend to shore up its balance sheet. Business Day TV spoke to Chris Schutte, CEO of Astral and Izaak Breitenbach…

18 May 2020 2AM 13 min

Calgro M3 returns to profitability

Calgro M3 is back in the black. The property group has recorded headline earnings per share of 1.7 cents during the full-year. This comes as the company makes headway with its turnaround strategy, but with Covid-19 emerging as a new challenge. Business Day TV caught up with Calgro's CEO, Wikus…

18 May 2020 2AM 5 min

Covid 19 and Sport: Ball in government’s court

The biggest Covid-induced hole in many sports mad South Africans’ lives right now is undoubtedly sport. A whopping 83.7% of sports federations surveyed by the South African Sports Confederation and Olympic Committee (Sascoc) believe they won’t survive longer than six months under the current Covid-19 lockdown restrictions. What is the…

15 May 2020 2AM 26 min

Counting the cost of SA's lockdown

Measures to curb the spread of COVID-19 have weighed on South Africa's economy, and with a hefty contraction on the cards, there's much debate regarding whether the country's mitigation efforts are worth it. Business Day TV spoke to Allan Gray's Chief Investment Officer Andrew Lapping, about the economic cost of…

15 May 2020 2AM 7 min

Covid-19: Survival of the fittest firms

Businesses are having to navigate unchartered territory during this time and while the JSE will be offering some relief to listed companies, not all companies will survive COVID-19 and could look to file for business rescue. Business Day TV spoke to Leila Fourie, CEO of the JSE for more on…

14 May 2020 2AM 13 min

Altron slashes dividend in attempt to preserve cash

In light of the current economic disruption caused by the coronavirus and the uncertainty moving forward, Altron has decided to declare a payout that is 40% less than what would otherwise have been declared. Business Day TV discussed some of the cost saving measures and unpacked the groups annual numbers…

14 May 2020 2AM 5 min

Are South Africans at risk of a second major public health scare?

The mental burden created by Covid 19 is so heavy that it is creating a second major public health scare alongside the deadly pandemic. So, how do we deal with this, what are the signs that we are on the edge and what sort of tools can we use to…

14 May 2020 2AM 25 min

Driving the taxi industry amid COVID-19

Despite a robust interim performance, Transaction Capital wrote down its businesses by roughly R190m. That's as the company prepares for the fallout from COVID-19. Santaco has skin in the game with a 25% stake in Transaction Capital’s SA Taxi business. Business Day TV spoke to company’s CEO, David Hurwitz and…

13 May 2020 2AM 13 min

Auto sales' slump, lockdowns weigh on PGM market

The PGM market is feeling the wrath of the coronavirus. That's as falling car sales and mine closures, driven by lockdowns, weigh on metal prices. Business Day TV spoke to Nedbank CIB's Arnold Van Graan for his view on whether this trend is set to continue for the rest of…

13 May 2020 2AM 4 min

Grey shoes tap dance around Covid 19 material risks

COVID-19 continues to wreak havoc with live and economies. The auditing profession has not been immune to this influence either. The entire auditing profession, from the performance of day-to-day audits to international standard setting activities, has been impacted by this pandemic. Business Day TV’s Michael Avery speaks to Freeman Nomvalo,…

11 May 2020 2AM 25 min

Vodacom benefits from data traffic surge

Vodacom has reported a near 9% rise in annual headline earnings per share where the bulk of the heavy lifting came through from the group's international business. The mobile operator grew its customer base by close to 6 million during the period with data traffic surging by 66%. Vodacom has…

11 May 2020 2AM 11 min

Where to find value during uncertain times

Canon Asset Managers' Chief Executive Adrian Saville chats to Business Day TV about the JSE listed stocks that he thinks could survive the uncertainty created by Covid-19.

11 May 2020 2AM 5 min

Kicking the bricks of listed property

Listed property has always been viewed as a defensive asset class, a hybrid between bonds and equities. COVID-19, has dispelled this theory – or is the market mispricing this asset? And when will landlords and reatilers see eye-to-eye on rental relief measures? BDTV’s Michael Avery speaks to Estienne de Klerk,…

8 May 2020 2AM 25 min

Equites withholds guidance due to Covid-19 uncertainty

Economic uncertainty linked to COVID-19 has forced Equites to withdraw its distribution forecast for the current financial year and Business Day TV caught up with its CEO Andrea Taverna-Turisan for more insight regarding that decision, as well as how the company is further positioning itself to weather the impact of…

8 May 2020 2AM 6 min

Sappi braces for Covid-19 fallout

Sappi is cutting capital spend by R1.5bn after the price recoveries it had expected failed to materialise in the wake of Covid-19. This has also weighed on its second-quarter profit which plunged 97%. Business Day TV caught up with the group's CEO, Steve Binnie and he shared some detail on…

7 May 2020 2AM 5 min

Innovation in the time of COVID-19

Consumers are cutting their coats to suit their cloths, as the impact of the coronavirus pandemic weighs on disposal incomes, with job losses and salary cuts taking effect. Business confidence on the other hand has hit an all-time low, and innovation by businesses may be key to weathering the pandemic…

7 May 2020 2AM 14 min

What's behind the cigarette ban?

Since government announced last week that the temporary ban on the sale of cigarettes would continue, smokers have condemned the move and major players in the tobacco industry have threatened legal action. With rumours swirling of political conspiracy behind the move what is really going on here? BDTV’s Michael Avery…

6 May 2020 2AM 28 min

Is SA's economic recovery headed in the right direction?

It is apparent that key government ministers still believe the economic effects of the Covid 19 pandemic will be short lived and result in a V shaped return to normal. Business Day TV's Michael Avery speaks to Ann Bernstein, Executive Director, Centre for Development and Enterprise (CDE), economist Duma Gqubule,…

5 May 2020 2AM 26 min

Can the franchise sector bounce back post-lockdown?

The Franchise Association of South Africa recently warned that 75,000 jobs could be at risk due to South Africa's lockdown. Business Day TV spoke to the body's Executive Director Vera Valasis and the CEO of McDonalds SA Greg Solomon, about whether that forecast remains in place, with some restrictions being…

5 May 2020 2AM 11 min