The Post Office conundrum

Chemicals, fertilizer and explosives group Omnia, is looking to Indonesia for growth. The group has formed a joint-venture with the county’s second largest company, MNK, to expand its mining footprint. Business Day TV unpacked the deal with Seelan Gobalsamy, CEO of Omnia.

South Africa’s economy is in a precarious position. The country is expected to register growth of just 0.2% this year from initial forecasts of over 1%, due to the impact of load-shedding. Business Day TV spoke to Kevin Lings, Chief Economist at Stanlib for his assessment of the local economy.

Workforce has delivered double-digit earnings growth. The firm's annual headline earnings per share increased by 21% to 46.8 cents, while revenue jumped 24%. This was mainly boosted by a strong showing from its human capital, staffing and outsourcing solutions divisions. Business Day TV unpacked the numbers with CEO Ronny Katz.

The South African Reserve Bank has exceeded market expectations, raising the repo rate by 50 basis points to 7.75%. Business Day TV unpacked the move with Senior Economist at BNP Paribas, Jeff Schultz.

Business Day TV unpacks the findings of the 2022 Manager Watch Survey of Retirement Fund Investment Managers published by Alexforbes. The standout feature of this year's report finds that 19 of SA's 20 largest fund managers are considered Level 1 BEE contributors. Michael Avery hosted Janina Slawski, Head of Investment…