Business News Leaders

ANC closes loophole in step-aside rule ahead of December elective conference

The ANC wants all its members to be above reproach. The party's decision-making body has closed the loophole in its step-aside rule, which previously allowed those facing criminal charges to run for office and simply step aside from official duties once elected. Business Day TV spoke to Political Analyst Rebone…

28 Apr 2022 10AM 7 min

Sarb moves closer to establishing a digital currency

The South African Reserve Bank is actively experimenting with digital currency as it plans on introduce a ‘digital rand’. Business Day TV discussed the feasibility of the plan with Luno’s Global Head of Payments, Louis van Staden.

28 Apr 2022 10AM 5 min

Clicks delivers a healthy set of interim results

Clicks is giving shareholders a reason to smile. South Africa's largest pharmacy group has hiked its interim dividend by 26%, as market share gains and a bump from the Covid-19 vaccination drive helped it deliver a 9% rise in turnover and a 26% increase in headline earnings per share. Business…

28 Apr 2022 9AM 7 min

Thematic Investing: The World Is Not Enough

Commodities have had their best start to a year since WWI on the back of continued supply chain disruptions and the ingoing war in Ukraine amongst other drivers. But if you thought this ere of scarcity was only being driven by these issues you’d be sorely mistaken as a recent…

28 Apr 2022 5AM 21 min

Thematic Investing: The World Is Not Enough

Commodities have had their best start to a year since WWI on the back of continued supply chain disruptions and the ingoing war in Ukraine amongst other drivers. But if you thought this ere of scarcity was only being driven by these issues you’d be sorely mistaken as a recent…

28 Apr 2022 5AM 21 min

Musk inks deal to buy Twitter for $44bn

SA-born billionaire Elon Musk has clinched a deal to buy social media platform Twitter for $44bn. The transaction will see investors will receive $54.20 for each Twitter share they own. To discuss the market's response to the move, Business Day TV spoke to Anchor Capital investment analyst Henry Biddlecomb.

26 Apr 2022 10AM 5 min

Bond market outlook

The local bond market has had a tough month as the US Fed has been turning up the heat, hinting at a more aggressive interest rate hike at its next meeting in May. Business Day TV unpacked the factors at play in more detail with RMB's bond trader, Michelle Wohlberg.

26 Apr 2022 10AM 6 min

Saldanha seen as potential hydrogen hub

South Africa could be sitting on its next gold rush – green hydrogen With an an abundance of solar and wind resources in Saldanha Bay to supply large amounts of renewable energy, experts have urged that a green hydrogen economy be developed in the area as it reportedly had the…

26 Apr 2022 5AM 26 min

Trade Of The Week

Join independent analyst Loyiso Mpeta as he shares technical analysis on Thungela Resources and Spur.

25 Apr 2022 10AM 6 min

PSG holds on to dividend as it eyes delisting

Investment holding company PSG Group has decided to hold on to its dividend for 2022 as it looks to delist from the JSE. Business Day TV caught up with PSG CEO Piet Mouton for more detail.

25 Apr 2022 10AM 7 min

Eskom in focus as load-shedding threatens SA's growth prospects

The focus Eskom's woes has sharpened as the state-owned utility continues to implement load-shedding. Unreliable power supply remains South Africa's largest growth inhibitor, according to PwC, which estimates that blackouts reduced SA real GDP growth by 3 percentage points in 2021. Business Day TV spoke to independent energy analyst Ted…

25 Apr 2022 8AM 7 min

Farewell to Anglo’s “rocketman”

It’s been a busy period for mining powerhouse Anglo American formally bidding farewell to its turnaround CEO, Mark Cutifani, dubbed the rocketman by the FM recently, and releasing a disappointing first quarter operating update with a 10% production decline blamed on wet weather in Brazil and South Africa as key…

25 Apr 2022 5AM 26 min

The Week In Perspecive

It’s been a bad week for KZN, Eskom and the economy: The human and economic costs of the recent KZN rains and floods mount: in announcing another National State of Disaster this week to deal with the socio-economic consequences the recent overwhelming floods in KZN President Cyril Ramaphosa confirmed that…

22 Apr 2022 4AM 22 min

Why FinChoice is HomeChoice's star performer

HomeChoice's fintech business, FinChoice has been the group's star performer of late as it's been largely responsible for the firm's profit growth. The division offers unsecured lending via a zero-rated mobile app and demand for this service saw FinChoice report a 73.8% jump in loan disbursements to R3.3bn in the…

21 Apr 2022 10AM 8 min

Unpacking SA's relationship with Ukraine

President Cyril Ramaphosa has finally had his long-awaited phone call with Ukrainian president Volodymyr Zelensky. The move comes after reports suggested that the call had been delayed due to bickering between SA and Ukrainian diplomats. The Ukrainians were said to be unhappy that SA requested a call between the two…

21 Apr 2022 10AM 13 min

South Africa's Poultry Tariff Increases

Rapidly rising chicken prices driven up by rampant inflation, global food and commodity shortages, the escalation in fuel, transport and electricity costs, increasing trade tariffs, and the fact that wages are decreasing and unemployment increasing, is providing fresh fodder for a long running debate on the role of tariffs in…

21 Apr 2022 6AM 25 min

Solidarity Fund to assist with KZN relief

President Cyril Ramaphosa has asked the Solidarity Fund's leadership to assist flood relief efforts in KwaZulu-Natal. The Head of State says National Treasury will make an initial amount available to the Solidarity Fund to implement support measures. Business Day TV spoke to Martin Kingston, the Solidarity Fund's Flood Response Advisor…

20 Apr 2022 10AM 7 min

Industrials REIT picks up four additional multi-let estates

Industrials REIT has expanded its multi-let industrials portfolio, after purchasing four of these assets in the UK for close to £21 million. Business Day TV caught up with the company’s CEO Paul Arenson, for greater insight on the move.

20 Apr 2022 10AM 8 min

Inflation accelerates to 5.9% in March

Consumer price inflation quickened in March, coming in at 5.9% - just below the Reserve Bank’s 3%-6% target range. The acceleration comes as the price of food and non-alcoholic beverages increased. Business Day TV unpacked the print with RMB Economist Siobhan Redford.

20 Apr 2022 10AM 5 min

Evolving role of the Chief Data Officer

The pandemic has hastened digital change, putting the value of data at the top of boardroom agendas throughout all sectors and businesses. Just yesterday Capitec CEO Gerrie Fourie was waxing lyrical about how important data is to the bank and how he’s lifted and shifted key systems into the cloud…

20 Apr 2022 5AM 27 min