Business Day TV Business News Leaders

Business News Leaders

Interviews with top CEOs and leaders shaping today's news stories alongside all the latest news that is impacting the markets, business and investments around the world.

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Daily English South Africa Business · Business News
3,907 Episodes
3340 – 3360

Eskom H1 profit plunges 89%

Eskom's Chair, Jabu Mabuza has alluded to bold steps needed to save the company. Calib Cassim, CFO of Eskom joins Business Day TV on the line for more perspective.
28 Nov 2018 4AM 8 min

ANC seeks to amend section 25 of the constitution

Socio-Political hot potato, economic disaster, investor uncertainty, a necessity to correct past injustices - this just some of the rhetoric associated with the call to expropriate land without compensation. The bottom line however is that land reform cannot be considered in isolation of economic and other factors. For more insight…
21 Nov 2018 7AM 16 min

Netcare's annual profit halves on UK woes

Healthcare group, Netcare released its annual results today and the company's CEO, Richard Friedland spoke about how much pressure exiting the UK alleviates for the company.
19 Nov 2018 4AM 8 min

Astral annual operating profit up 79%

Poultry producer, Astral Foods released its annual results today reporting a 5% increase in revenue while net profit nearly doubled due to lower chicken feed prices. CEO, Chris Schutte joins Business Day TV on the line for perspective on the numbers and whether they can be replicated.
19 Nov 2018 4AM 6 min

Stronger rand weighs on Sappi's FY profit

Paper and pulp maker, Sappi recorded a 4.4% decline in its annual profit. It's CEO, Steve Binnie joins Business Day TV on the line to discuss what these results suggest for the group going forward.
15 Nov 2018 4AM 5 min

Discovery introduces first behavioural bank

Discovery has released the details of it's banking offering which will rely heavily on its Vitality model. Bronwyn Seaborne sat down with Discovery's CEO Adrian Gore to discuss what will set the group's banking operations apart in this highly competitive environment.
14 Nov 2018 3AM 6 min

Acquisitions boost Indluplace’s FY revenue

Indluplace released its annual results today. Recording a 64% surge in revenue - fuelled by contributions from its recent acquisitions. But the tough economic environment continued to weigh on the group. Translating into an unchanged dividend for the period - at just over 97 cents. It's Financial Director, Terry Kaplan…
14 Nov 2018 3AM 7 min

Spar’s FY earnings get a boost from Irish operations

Spar released it’s full year numbers today. The retailer's weathered challenging trading conditions to report a 1.4% rise in headline earnings per share boosted by improving contributions from its Ireland businesses which offset declines in Switzerland. While the group's Southern Africa division grew revenue by 6.7%. Graham O'Connor, CEO of…
14 Nov 2018 3AM 7 min

High Court orders VBS liquidation

Despite calls by the EFF for VBS Mutual Bank to be recapitalised in the name of transformation, the final liquidation of the company has been ordered by the High Court following an urgent application by the Reserve Bank for the process after the organisation found the institution to be hopelessly…
13 Nov 2018 6AM 6 min

Telkom’s push into mobile pays off in H1

Telecomms provider, Telkom released its interim results today reporting a 3.3% decline in headline earnings per share largely driven by costs related to the company's early retirement and voluntary severance packages, revenue however is up 5.2% boosted by the group's mobile business unit where revenue increased close to 54% due…
13 Nov 2018 6AM 9 min

Oil prices reach highest 1-day increase in a month

We saw oil prices rise by more than 1% today - this as Saudi Arabia announced supply cuts for December - a measure aimed at halting a market slump that has seen crude prices decline by 20% since early October. Bjarne Schieldrop, Chief Commodities Analyst at SEB joins us on…
12 Nov 2018 6AM 4 min

Vodacom H1 HEPS drop as BEE deal bites

Mobile giant, Vodacom released its interim results today reporting a near 14% drop in headline earnings per share as the impact of its R16.4 billion empowerment deal weighed. The company added 4.8 million customers during the period most of which came from the domestic market where service revenue was lifted…
12 Nov 2018 6AM 7 min

Land expropriation without compensation spells 'Economic Disaster'

Two academics have painted a bleak picture of the likely outcomes of land expropriation without compensation. The findings from their macroeconomic impact assessment flags lower capital formation, a deep recession, rising budget deficits and debt levels. One of the academics, Roelof Botha from the University of Pretoria's Gordon Institute of…
12 Nov 2018 6AM 6 min
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