Business News Leaders

Business confidence slips

​Business confidence dimmed in November. The Chamber of Commerce's morale indicator declined to 92.8 points from a reading of 94.9 previously, largely due to a lag in exports and imports. Business Day TV spoke to Sacci CEO Alan Mukoki for more detail

8 Dec 2021 9AM 7 min

Crude reality - 2022 outlook for oil

Oil prices have steadied above $75 a barrel with investors assessing the impact of the new Covid-19 variant on the global economy as well as fuel demand. Business Day TV discussed the outlook for oil with David Elmes from Warwick Business School

8 Dec 2021 8AM 6 min

Animal Spirits

Omicron, inflation, China’s debt fuelled property house of cards, investors seemingly fear none of these as markets are staging a nice little Santa Claus rally into year end. The JSE reached a record high on Tuesday tracking the rally in global markets as concerns about the Omicron variant of Covid-19…

8 Dec 2021 3AM 23 min

Rand nears R16 mark as GDP disappoints

The rand has edged closer to R16 to the dollar as South Africa’s GDP print surprised to the downside with the economy contracting BY 1.5%. Business Day TV unpacked the moves playing out in the currency scene with RMB's John Cairns​

7 Dec 2021 8AM 5 min

Tymebank secures investment from Tencent

Tymebank has bagged funding for its expansion plans. The digital bank as it secured $180 million in its series B-capital raise,from investors like Tencent and CDC Group. Business Day TV spoke to TymeBank’s CEO Tauriq Keraan for more insight

7 Dec 2021 8AM 7 min

SA's response to omicron

Compulsory Covid-19 vaccination is being considered by South Africa’s government as a weapon against the virus amid a sharp increase in new infections. Business Day TV spoke to Alex Van Den Heever, Health & Social Security Systems Specialist at Wits University for his take on the country's response to the…

7 Dec 2021 7AM 8 min

Focus on Alexander Forbes

Financial services group Alexander Forbes has declared a half-year dividend of 12c per share despite reporting a drop in profit. Alishia Seckam unpacked the rational behind that decision with the CEO of Alexander Forbes, Dawie de Villiers

6 Dec 2021 9AM 6 min

How Nampak returned to profit

Africa's largest packaging group Nampak has returned to profit in its 2021 financial year thanks to strong export sales and growth in Nigeria. But despite the rebound, the firm has decided to not declare a dividend as it looks to get its debt back to more sustainable levels. Alishia Seckam…

6 Dec 2021 9AM 8 min

Ford invests R600m in Gqeberha plant

Ford says it will invest R600m in its Struandale Engine Plant in Gqeberha as part of its commitment to modernizing and growing its local operations. Alishia Seckam spoke to Ford SA's VP of operations, Ockert Berry for more insight

2 Dec 2021 9AM 6 min

Why Implats sees value in RBPlats

Impala Platinum (Implats) has increased its stake in Royal Bafokeng Platinum (RBPlats) to almost a third. Implats is hoping to acquire the miner but says it will settle for a majority stake. Alishia Seckam spoke to Implats CEO Nico Muller for more detail on the rational behind the move

2 Dec 2021 9AM 7 min

The End Of Money

The collapse of the giant Chinese property developer Evergrande, the purchase of Newcastle United by the Public Investment Fund of Saudi Arabia, the unprecedented shortage of truck drivers in the UK, skyrocketing fuel prices across Europe, the seemingly unwavering popularity of cryptocurrency (despite its obvious flaws), the incredible rise of…

2 Dec 2021 4AM 26 min

Why SA needs to up its vaccination rate

SA’s vaccination programme is lagging with just 35% of the population inoculated. To address this, government is weighing up the possibility of a vaccination passport which may prohibit unvaccinated South Africans from being able to access public services and places of employment. Corporates are also doing what they can to…

1 Dec 2021 9AM 7 min

Can SA’s factories withstand the current headwinds?

Factory activity picked up pace in November with the Absa Purchasing Managers Index (PMI) rising to 57.2 points from a revised 53.6 points in October. The increase was largely due to a rebound in business activity and new sales orders. But with the sector having to face rising input costs,…

1 Dec 2021 8AM 8 min

Omicron Keep Calm And Carry On

Just when we were beginning to relax, planning end of year celebrations and long-awaited holidays, SARS-COV-2 has mutated into a new variant that has shattered the complacency of the last few months. While there has been much wailing and gnashing of teeth South African scientists did the right thing in…

30 Nov 2021 10AM 28 min

African Bank returns to profit

African Bank is back in the black. The group has cited strong collections and growth in retail deposits, along with a lower credit impairment charge for its recovery.. Alishia Seckam unpacked the performance in greater detail with CEO Kennedy Bungane

30 Nov 2021 9AM 8 min

Asset Owners Forum

Speaking to two CEO’s recently Dominic Sewela of Barloworld and Roland Van Wijnen of PPC, it’s clear that our grand infrastructure plans are still stuck in 1st gear. Predictably, President Cyril Ramaphosa’s Economic Reconstruction and Recovery Plan placed a grand R1 trillion infrastructure plan (leveraging up to R660bn of ‘crowded…

30 Nov 2021 5AM 27 min

The Week In Perspective

It’s more Bleak Friday than Black Friday… not good news for the rand or our tourism sector as the UK places the country temporarily back under red list travel restrictions after scientists raised the alarm over the new Covid-19 variant yesterday afternoon. And the rand has weakened to over R16…

26 Nov 2021 5AM 26 min

Spotlight on small caps

The JSE’s small-cap sector has proved its worth with the index that tracks these industry players rising close to 20% year to date. Business Day TV spoke to Small Talk Daily’s Anthony Clark for his stock picks in the small-cap sector

25 Nov 2021 10AM 7 min

Invicta delivers 'excellent' results

Investment holding and management company Invicta says it's delivered an excellent set of results for the six months to end-September. The firm posted a 25% rise in revenue from continuing operations and a 55% jump in operating profit. Alishia Seckam spoke to Invicta CEO Steven Joffe for more detail

25 Nov 2021 10AM 6 min

Kaap Agri rebounds

Agricultural services group Kaap Agri more than tripled its total dividend for the year to end-September as revenue at its retail-focussed business units returned to pre-Covid-19 levels. Alishia Seckam caught up with Kaap Agri CEO Sean Walsh for his take on the group’s financial performance

25 Nov 2021 10AM 9 min