Business News Leaders

Invasions weigh on Calgro M3’s interim net profit

Calgro M3 released its first half results today - delivering a 51% loss, the group's CEO Wikus Lategan joined Business Day TV to discuss the numbers in more detail.

22 Oct 2018 6AM 6 min

Eskom applies for 15% tariff increase

Eskom has requested a 15% increase from the National Energy Regulator. Hasha Tlhotlhalemaje, General Manager of Regulations at Eskom joined Business Day TV to discuss their request and how any shortfalls will be plugged.

22 Oct 2018 6AM 6 min

The case for secondary listings

A2X CEO Kevin Brady joins Business Day TV to discuss the progress that they have made since opening a year ago.

19 Oct 2018 6AM 8 min

Mining output contracts 9.1% y/y in August

The South African mining sector has taken another knock in August. Peter Major from Cadiz Corporate Solutions joined Business Day TV on the line with his perspective on what this set of data reflects of the mining sector.

18 Oct 2018 7AM 5 min

Mining output continues downward slump in August

The new Mining Charter was gazetted last month and the jury is still out on its ability to lure investments to turn the sector around. Wikus Botha, African Mining & Metals leader at EY joined Business Day TV to discuss what the latest figures suggest for the industry going forward.

18 Oct 2018 7AM 7 min

Telkom laments Vodacom & MTN's data dominance

Siyabonga Mahlangu, Group Executive of Regulatory Affairs at Telkom joined Business Day TV to discuss their suggestions on how the playing field could be levelled after the second day of the Competition Commission’s public hearings into data services market inquiry.

18 Oct 2018 7AM 7 min

CompCom data market inquiry kicks off

Competition Commission's Data Services Market inquiry kicked off on Wednesday, Panel member and Head of the Inquiry's Technical Team, Jason Aproskie joined Business Day TV with his take on what has been put on the table.

17 Oct 2018 4AM 7 min

Dis-Chem’s expansion drive boosts H1 revenue

Dischem CFO, Rui Morais joined Business Day TV on the line for more insight on how it plans to maintain its expansion drive going forward.

17 Oct 2018 4AM 6 min

SARS’ e-filing system nears collapse

This week, Intikhab Shaik, Group Executive of Business Solutions & Digital Technology at SARS appeared before the Nugent Commission of Inquiry into SARS to discuss technology challenges at the revenue service.

17 Oct 2018 4AM 8 min

Zeder delivers 158% jump in H1 recurring HEPS

Zeder investments released its interim results on Tuesday - posting a significant recovery in earnings. With recurring headline earnings per share up 158% to 9.8 cents. But its sum-of-the-parts decreased by 15% due to negative market sentiment and challenging trading conditions. CEO, Norman Celliers joined Business Day TV on the…

9 Oct 2018 6AM 4 min

IQBusiness launches Business Contribution Index

IQBusiness has launched a Business Contribution Index measuring the contribution of the private sector to the economy via various categories with the aim of establishing where and how the private sector has the greatest effect and how that can be enhanced to benefit the greater economy. Adam Craker, CEO of…

9 Oct 2018 6AM 6 min

IMF cuts SA's 2018 and 2019 growth forecasts

The International Monetary Fund warns that the global economy is becoming somewhat stagnant forcing the organisation to cut its global growth forecast for the first time in over two years meanwhile the IMF has again revised downwards South Africa's growth forecast for this year and next year, to 0.8% and…

9 Oct 2018 6AM 7 min

Nene opts to step down as Finance Minister

In the run up to the 2019 national election, various allegations and suspicions of individuals who were involved in aiding and abetting State Capture within the ANC may come to light, the latest being Finance Minister Nhlanhla Nene requesting to be step down after admitting to meeting with the controversial…

8 Oct 2018 8AM 9 min

SA Q2 unemployment rate at 27.2%

The South African Institute of Race Relations has said that Ramaphosa's jobs summit should address the 'job-destroying' effects of the governments proposed expropriation policy. Business Day TV caught up with SAIRR's Terence Corrigen for more on his take on the summit as it draws to a close.

5 Oct 2018 7AM 7 min

Seriti Resources set to go public within 2-years

According to economist, Mike Schussler it seems safer for investors to leave their money in the bank, than to invest it in the South African Mining industry. That's as returns in the sector have proven to be too low. CEO of Seriti Resources - Mike Teke, joined Business Day TV…

4 Oct 2018 6AM 6 min

Annual Joburg Indaba draws to close

The annual two-day Joburg Indaba which has brought thought and industry leaders together to discuss ways of attracting investment into the sector draws to a close today and while the jury is still out on the new Mining Charter's ability to lure investments, we're still operating in a low growth…

4 Oct 2018 6AM 7 min

Ramaphosa's long-awaited jobs summit kicks off

South Africa has one of the highest unemployment rates in the world, sitting at 27.2% in the second quarter with youth unemployment at a record high of 52%. Now, President Ramaphosa's long-awaited Jobs Summit kicked off today bringing government, the private sector, unions and community organisations together to accelerate job…

4 Oct 2018 6AM 8 min

SA mining industry shows overall improvement in 2018 - PWC

PWC released the 10th edition of its South Africa Mine Report which shows that the industry has improved considerably from the previous year with capital expenditure recovering from decade lows to reflect a 19% increase while the market cap of the 31 companies surveyed improved by nearly 15% as bulk…

2 Oct 2018 5AM 7 min

Group Five plunges deeper into the red on Ghana delays

Engineering and construction company, Group Five has slipped further into the red, revenue is down 26% while the full-year loss sits at R1.3 billion driven by higher costs from delays at its Kpone power project in Ghana. The tough construction market has seen the group's order book shrink 23% to…

2 Oct 2018 5AM 8 min

SA factory activity at 14-month low in September

Absa's September PMI remains in contraction territory at 43.2 from 43.4, this as new sales orders along with the employment index edged even lower than the previous month dashing hopes of a strong economic recovery out of the thechincal recession in the third quarter. Miyelani Maluleke, Economist at Absa joined…

1 Oct 2018 6AM 7 min