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.

An Arena Holdings production.

Keywords: money, opportunity, business plan, business ideas, business news, income, financial news, industry news and views
Daily English South Africa Business · Business News
3,907 Episodes
3600 – 3620

Christo Wiese to sue Steinhoff for R59bn

Business tycoon and former Steinhoff Chair, Christo Wiese is suing Steinhoff in a bid to recoup the R59 billion cash investment he made into the retailer in 2015 and 2016 via his business, The Titan Group. Christo joined Business Day TV in a telephonic interview to discuss the rationale behind…
26 Apr 2018 12PM 6 min

Crude Reality: The outlook for oil

The price of oil continues to hover at three year highs near $75 a barrel. With market sentiment turning increasingly bullish towards the commodity there ARE some concerns about the sustainability of the rally. Are their legs to this rally, could we see oil reaching $75 a barrel and perhaps…
25 Apr 2018 12PM 20 min

Consumer confidence hits all-time high

First quarter consumer confidence has skyrocketed to an all-time high. This according to the FNB/BER Consumer Confidence Index. The sharp improvement from negative 8 index points to a positive 26 index points is largely driven by the change in the country's leadership with Ramaphoria triggering positive economic developments. Mamello Matikinca,…
25 Apr 2018 12PM 6 min

Urgent capital injection needed - SAA CEO

SAA faced the Standing Committee on Public Accounts in parliament to answer questions around its irregular, fruitless and wasteful expenditure for the 2016/17 financial year. Key takeaways from the sitting is that SAA has debt of more than R9.2 billion and that it needs another capital injection of R5 billion…
24 Apr 2018 12PM 7 min

PSG satisfied with results

Investment holding company, PSG Group released its full-year results today reporting a near 9% decline in headline earnings per share while recurring earnings per share increased by 7% due to stronger performances by most of the group's core investments but weighing in this area is its agricultural holding, Zeder, it…
24 Apr 2018 12PM 7 min

The role of incentives in manufacturing

As South Africa prepares for economic growth, competitive with that of the global market, analysts and policymakers have placed great emphasis on the role of manufacturing in realising that goal. The Manufacturing Indaba 2018 will tackle discussions regarding various government grants, tax incentives and financing opportunities available to manufacturing-specific enterprises…
23 Apr 2018 12PM 7 min

Mantashe to challenge black ownership ruling

The third iteration of the Mining Charter has hit a snag. Mineral Resources Minister, Gwede Mantashe has sought leave to appeal the High Court ruling on the once empowered always empowered principle which stated that the Mining Charter didn't require producers to top up black-shareholding levels if they previously met…
23 Apr 2018 12PM 7 min

Atlantic Leaf Properties ops to take up UK REIT status

The UK property market has been in focus among investors. With Hammerson losing its suitor, and it, in turn, walking away from Intu Properties. So, what does this tell us about the state of the UK property market and should investors still be interested? Leigh Roberts caught up with Paul…
20 Apr 2018 12PM 7 min

Clicks to open 40 new stores

Health and beauty retailer, Clicks reported its interim results today posting a near 15% rise in earnings - this largely driven by a strong Christmas trade performance which saw health and beauty sales rising by 14.3%, group turnover increased by 10%, the interim dividend is up 14% and the company…
19 Apr 2018 12PM 7 min

Is SA’s investment case strong enough?

President Cyril Ramaphosa is closer to meeting his target of attracting R1.2 trillion in investment after bagging R850 million from the UK. The investment campaign aims to position SA as an investment destination with significant unrealised potential. But with net foreign fixed investment falling to its worst level since the…
19 Apr 2018 12PM 20 min

ABSA denies role in Steinhoff saga

The Dutch Investors' Association, VEB is gunning for Absa, Barclays and Commerzbank - VEB says that it has notified the three banks of its intention to hold them liable for damages incurred by Steinhoff shareholders relating to the information the banks shared in a prospectus ahead of the company's Frankfurt…
19 Apr 2018 12PM 8 min

Retail & CPI data surprises to the upside

Good news on the data front, February's retail sales growth accelerated unexpectedly to 4.9% while economists largely expected an easing to 3% while inflation slowed to a 7-year low of 3.8% in March when February was expected to be the bottom of the inflation cycle. Kevin Lings, Chief Economist at…
18 Apr 2018 12PM 7 min

Transformation of SA’s corporate landscape

Mark Lamberti's resignation from the Eskom and BLSA boards along with his resignation as Imperial CEO following a dignity ruling by the High Court against him calls for a greater discussion around the transformation of South Africa's corporate landscape - This against a Jack Hammer report from last year which…
18 Apr 2018 12PM 7 min

Eskom faces coal shortages at 7 power plants

A delegation of Eskom executives led by interim CEO Phakamani Hadebe has been briefing MPs on the company's financial results to end-March. The utility's acting chief financial officer, Calib Cassim, today said that Eskom would continue to face going-concern challenges in the current year. Khulu Phasiwe, spokesperson at Eskom spoke…
18 Apr 2018 12PM 19 min

Ramaphosa team seeks R1.2trn investment for SA

President Ramaphosa is actively trying to deliver on a promise he made during the State of the Nation Address. He has appointed Trudi Makhaya as his economic advisor and identified former finance minister, Trevor Manuel, former deputy finance minister, Mcebisi Jonas and business leaders, Jacko Maree and Phumzile Langeni as…
17 Apr 2018 12PM 7 min

EMs beginning to look like developed economies - Goldman Sachs

According to Goldman Sachs, many emerging market economies are beginning to resemble developed markets, this as inflation rates are starting to fall while currency crisis risks are fading. Earlier this year, the company also identified South Africa as the big emerging market story of the year. Glenn Silverman, Consultant at…
17 Apr 2018 12PM 6 min

African Bank under the helm of Basani Maluleke

With over 10-years of financial services experience, the anticipated appointment of Basani Maluleke as Chief Executive Officer of African Bank has taken effect, she's the first Black female to head a commercial bank in the country and has been an integral part of executing African Bank's turnaround strategy. Basani Maluleke…
16 Apr 2018 12PM 7 min

IRBA considers break-up of auditors as scandals mount

In the wake of the number of auditors embroiled in scandals abroad and at home, the Independent Regulatory Board for Auditors is considering to force firms to split their audit and advisory arms to enhance their independence and improve audit quality. Bernard Agulhas - CEO the Independent Regulatory Board for…
16 Apr 2018 12PM 8 min
3600 – 3620