Business News Leaders

SA's Township Economy

South Africa's townships are seen as ecosystems with economies of their own. Rogerwilco's Township Customer Experience Report points to significant shifts in township consumer behaviour, from shifts in brand affinity to spaza shops repackaging products into smaller sizes and stokvels becoming more tech savvy. Mongezi Mtati, Senior Brand Strategist at…

13 Jun 2023 9AM 9 min

SARS accuses Adidas of tax evasion

The South African Revenue Services announced a judgment against Adidas in 2018 requesting R1.87bn in interest and penalties. The sum reflects what is allegedly the sportswear company's tax avoidance between 2007 and 2013. Adidas has launched its own legal challenge against the SARS ruling since the judgment. Kabelo Khumalo, Companies…

13 Jun 2023 9AM 7 min

Telkom swings to annual loss of R9.97BN

Telkom has swung to an annual loss. An impairment of R13bn, persistent load-shedding, increased competition and the effects of inflation on constrained consumers led to an overall loss of R9.97bn and dividends being suspended indefinitely. Business Day TV unpacked the results with the company's group CEO, Serame Taukobong.

13 Jun 2023 9AM 7 min

Vukile ups total dividend

Vukile Property Fund has had a 'stellar' year. The landlord has managed to reduce vacancies, while delivering a 6.2% increase in its total dividend to 112.4 cents. Business Day TV unpacked its annual performance with the company's CEO, Laurence Rapp.

12 Jun 2023 1PM 7 min

Alexforbes posts profit bump

Alexforbes has delivered 44% jump in annual headline earnings per share from total operations. The financial services group says the performance demonstrates the resilience of the business under persistently challenging operating conditions. Business Day TV spoke to CEO Dawie de Villiers for more detail.

12 Jun 2023 12PM 9 min

Trade of the Week - AngloGold, Gold Fields and Naspers.

On this episode of Trade of The Week, Founder of Herenya Capital, Petri Redelinghuys provides a tech-analysis of AngloGold, Gold Fields and Naspers.

12 Jun 2023 9AM 18 min

Upside of Naira shortage: evolution of Nigeria's payments landscape

Nigeria's Naira shortage has given rise to the evolution of West Africa's digital payments landscape. Just below 40% of Nigerian's have access to bank accounts while mobile penetration sits at 117%. Fintech companies are therefore becoming increasingly important in driving cashless payments in the region. Business Day TV spoke to…

12 Jun 2023 8AM 7 min

Focus on Africa CEO summit

At a time where the frequency of global crises is increasing, building independent, robust, and thriving economies is the African continent's priority. This was the focus of the Africa CEO summit. Business Day's Economics Witer Thuletho Zwane attended the event and spoke to Business Day TV about what African leaders…

12 Jun 2023 8AM 8 min

Sirius Real Estate's future plans

Debt capital markets are favouring Sirius Real Estate at the moment as the owner and operator of branded business and industrial parks in Germany and the UK has already completed early refinancing of its next major debt. So, what are the firm's plans moving forward? Business Day TV sat down…

12 Jun 2023 8AM 9 min

SA's plan to build skills needed for future jobs

As technology advances, the world of work is rapidly changing and up to 70% of current jobs are at risk in the evolution. Business Day TV spoke to Sherrie Donaldson, BRICS Business Council Skills Development Working Group member and Project Director of the Atlas Project for greater perspective on the…

9 Jun 2023 9AM 9 min

Shaping the future of SA's business landscape

Business leaders gathered for the ninth iteration of The Directors Event,dubbed SA's biggest board meeting, to impart insights and solutions to the problems that South African businesses are confronted with. Business Day TV's reporter Ntaoleng Lechela, provided detail regarding the key take-aways.

9 Jun 2023 9AM 6 min

Energy crisis tops agenda at Directors event

South Africa's energy crisis was in the focus at the ninth annual Directors Even, business leaders gather to share insights and explore solutions to the challenges faced by businesses in the country. Business Day TV spoke to Busi Mavuso, CEO of Business Leadership SA joined us to explore power-related challenges…

9 Jun 2023 9AM 12 min

Big Idea - BEE Schemes in focus

In an effort to promote integration of the minority in economic ownership, South Africa's government put in place the Broad Based Black Economic Empowerment policy. To fulfil this mandate, companies have BEE share reserves for the minority. Business Day TV spoke to Independent economist, Duma Gqubule and political analyst Moeletsi…

8 Jun 2023 2PM 21 min

SA sees alarming rise in illicit trade - TRACIT

South Africa has seen a significant increase in illicit trade and it is costing the economy R100 billion annually. That's according to a recent report by the Transnational Alliance to Combat Illicit Trade. The body says SA lacks effective implementation of laws and resources to tackle the issue, and has…

8 Jun 2023 1PM 9 min

Crypto chat - Bitcoin shrugs off crypto crackdown

US regulators are clamping down on crypto exchange firms and are suing Binance and Coinbase. Despite the legal action, Bitcoin has rallied and crossed the crucial $25,000 mark. Business Day TV discussed the moves at play with Luno's Christo de Wit.

8 Jun 2023 12PM 6 min

SA's municipal meltdown

According to South Africa's Auditor-general Tsakani Maluleke, most of teh country's municipalities are not moving in the right direction. The AG has released a 144 page report, and out of SA's 257 municipalities, only 38 received a clean audit. Fruitless and wasteful expenditure meanwhile has more than doubled to R4.7…

8 Jun 2023 10AM 7 min

Focus on African currencies and inflation

African governments are fighting currency weakness amid elevated levels of inflation. Business Day TV explored the relationship between Africa's forex market and the inflation trajectory in greater detail with Irmgard Erasmus, Senior Financial Economist at Oxford Economics Africa

8 Jun 2023 9AM 7 min

Business joins Ramaphosa's efforts to fix SA

The private sector has teamed up with President Ramaphosa to help fix the country. JSE top 40 executives have been roped in to help tackle the energy crisis, crime and Transnet's rail and port issues. Business Day TV spoke to Martin Kingston, Chair of B4SA for more detail on the…

8 Jun 2023 9AM 9 min

Emira's diversification strategy gives it a boost

Emira's diversification strategy is working in its favour,. The landlord has kept vacancies low at 4.7% and has posted growth in net asset value of just over 4%. The firm says its South African and US portfolios delivered pleasing performances, despite local and global challenges. Business Day TV unpacked the…

7 Jun 2023 1PM 8 min

10X lists first actively managed ETF on the JSE

The ETF market has cheered new JSE regulations, which allow any strategy that can qualify as a unit trust to be able to list on the exchange. 10X Investments has launched and listed its first actively managed ETF. Business Day TV discussed the merits of this move with 10X Investments…

7 Jun 2023 1PM 7 min