Business News Leaders

Traditional media is dead: long live traditional media

The media landscape for marketers has been moving at rapid speed the last few years. After social media dominated media spend during the pandemic, the latest round of tech results has demonstrated a slowdown in that trend. Locally, media companies are reporting an excellent recovery in results. It’s clear that…

31 May 2022 5AM 26 min

Adcorp’s annual earnings soar

Adcorp has had a strong year with annual headline earnings per share almost tripling to 99.4 cents. The human resources company says it will focus on growth in 2023 by investing in organic and acquisitive growth opportunities to drive business expansion and move up the customer value chain. Business Day…

30 May 2022 9AM 6 min

Technical analysis - Oil price & Baidu

Join Independent Analyst Loyiso Mpeta as he shares technical analysis on the oil price and Baidu.

30 May 2022 9AM 5 min

Can wind and solar energy carry SA's power grid?

Sabotage and further breakdowns at certain generating units have affected Eskom's capacity to keep the lights on. Load shedding is estimated to cost the country R500 million per stage per day, and as those costs rise, calls are mounting for government to declare a state of disaster at Eskom. Business…

30 May 2022 9AM 8 min

Steinhoff's settlement process gives Pepkor a boost

Pepkor has reported muted revenue growth of 3% for the six months to end March. The firm’s operating profit grew 19% during the period, thanks to a R429 million rand boost from the Steinhoff settlement process. Business Day TV caught up with CEO Leon Lourens for more detail on the…

27 May 2022 9AM 7 min

Food security - environmental meets social

At a time when we talk about driverless cars and virtual reality headsets, it's hard to believe that over 2 billion people face regular food security issues. Russia's invasion of Ukraine brought food security issues to our doorstep: agricultural food prices jumped 36.6% yoy in March after rising 28% in…

27 May 2022 6AM 26 min

Will the crypto market bounce back?

2022 has been a rollercoaster ride for crypto markets, with Bitcoin trading below the $30, 000 mark as traders remain concerned about growth and rate hikes by the Federal Reserve. Business Day TV discussed this in detail with Marius Reitz, the General Manager for Africa at Luno.

26 May 2022 10AM 5 min

Life Healthcare takes a profit hit

Life Healthcare has reported a double digit slump in half-year profit, with headline earnings per share coming in 12.7% lower. Despite the decline in earnings, the hospital group has decided to reward shareholders with a dividend of 15 cents per share, saying it remains upbeat about it future prospects. Business…

26 May 2022 9AM 7 min

Improved trading conditions give Nampak a boost

Improved trading conditions gave Nampak’s interim performance a boost. The packaging company has delivered a 24% rise in revenue and an 87% jump in profit for the period. Despite the gains the group has opted not to resume dividend payments. Business Day TV unpacked the results with CEO Erik Smuts.

26 May 2022 9AM 7 min

The Week In Perspective

As the country braces for another record petrol price next week, pressure is rising on the government to find another solution to provide some relief to under pressure consumers. The economic landscape is certainly shifting rapidly. The Monetary Policy Committee’s (MPC) widely expected decision last week to raise borrowing costs…

26 May 2022 6AM 26 min

Vunani’s annual profit soars

Vunani has reported triple digit earnings growth, with profit soaring to R71.1 million. The diversified financial services group benefited from a strong showing by its fund management unit and a recovery at its insurance business. Business Day TV spoke to CEO Butana Khoza for more insight.

25 May 2022 10AM 8 min

Tiger Brands posts lower H1 earnings

Tiger Brands has posted a 2% drop in half year headline earnings per share, saying its performance was impacted by a particularly poor first quarter, driven by significant volume declines in Bakeries and a protracted strike at Snacks and Treats. Business Day TV unpacked the performance with CEO Noel Doyle.

25 May 2022 10AM 6 min

Experts warn of drastic impact of Ukraine war on global economy

The Russia-Ukraine war was in focus at this year’s World Economic Forum and experts have warned that the war will continue to impact the global economy for years. Business Day TV discussed this in detail with Craig Erlam, Senior Market Analyst at Oanda.

25 May 2022 9AM 5 min

Normalising the asset management industry

The first edition of the BEE.conomics Annual Transformation in South African asset management survey was published in 2009 at which time there were just 14 black-owned asset managers who, combined, managed R91 billion. Fast forward 13 years later, and today there are 51 black-owned asset managers managing close to R700…

25 May 2022 5AM 27 min

Eased lending criteria gives African Bank a boost

Easing its lending criteria has helped African Bank more than double its interim profit after tax. The lender has reported an 11% increase in gross loans and advancements, and its credit loss ratio has declined to 4.6% from 6.1%. Business Day TV spoke to CEO Kennedy Bungane for his take…

24 May 2022 10AM 5 min

S&P’s outlook upgrade gives SA’s rand a boost

South Africa’s local unit has been holding strong, after S&P Global upgraded the country’s outlook from neutral to positive. Business Day TV caught up with RMB’s Head of FX Execution, Matete Thulare for a look at moves playing out in the currency scene.

24 May 2022 9AM 7 min

Local auto industry looks to rev up again

Post Covid the local auto industry seems to be revving up again with a few misfires here and there as OEMs still have to contend with supply chain issues, floods and intermittent power. While consumers are being faced with some tough choices on whether to trade in that diesel guzzling…

24 May 2022 4AM 25 min

Barloworld’s earnings more than double

Barloworld has delivered a strong interim performance. The diversified industrial group’s headline earnings per share more than doubled to 756c during the period, and it’s declared a dividend of 165c from its income reserves, thanks to the bounce-back in car rental services in South Africa and strong demand for equipment…

23 May 2022 10AM 7 min

Netcare opts for interim dividend as Covid-19 abates

Netcare has declared its first interim dividend in two years, following a solid half-year performance. South Africa's third-biggest private hospital by value, posted a 2.3% rise in group revenue, while profit for the period rose by 19.5% to R448 million. Business Day TV spoke to CEO Richard Friedland for more…

23 May 2022 9AM 7 min

Dis-Chem reports record revenue

Consumer shopping habits are normalising as new waves of the pandemic prove to be less severe, and this has helped boost Dis-Chem’s performance. The pharmacy retailer produced a record revenue of over R30 billion while headline earnings per share grew by 27.6%, allowing the group to hike its total dividend…

23 May 2022 9AM 8 min