Business News Leaders

State of SA’s economy

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.

31 Mar 2023 9AM 11 min

Workforce post profit bump

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.

30 Mar 2023 1PM 5 min

Sarb shocks markets with 50 basis point rate hike

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.

30 Mar 2023 1PM 7 min

The Big Idea: Focus On SA's Retirement Fund Landscape

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…

30 Mar 2023 10AM 13 min

Will 2024 Be The DA's Year?

The DA has put its focus on the 2024 elections as it gears up for its national elective conference. The opposition party is set to elect a leader this weekend, a move which will also set the tone for how the party deals with coalition agreements before next year's national…

30 Mar 2023 9AM 12 min

Food for thought on CompCom’s food price hike criticism

The Competition Commission has come under fire for calling some food price hikes “opportunistic”. This as sticky inflation, an energy crisis and climate change is largely behind the uptick in food prices. Business Day TV spoke to Thabile Nkunjana, Agricultural economist in the Agro-Food Chains Markets and Economic Research Division…

30 Mar 2023 9AM 8 min

Alibaba plans to split into six units

Chinese e-commerce firm Alibaba, has announced plans to split its $220 billion empire into six units. These businesses will individually raise funds and explore initial public listing options. Business Day TV unpacked the move with Prescient China's Head of Product, Tian Pan.

29 Mar 2023 1PM 9 min

Economists eye 25 basis point rate hike

Economists expect the South African Reserve Bank to hike rates again, that's as inflation remains above the Sarb's target range. Business Day TV spoke to RMB Economist, Siobhan Redford for her expectations.

29 Mar 2023 1PM 4 min

Kenya’s carbon credits market

The global carbon credit market is booming. Kenya is currently ranked eight on the list of countries selling carbon credits from nature-based solutions. Business TV spoke to Karin Boomsma, Project Director at Sustainable Inclusive Business Kenya for more insight and perspective on Kenya’s carbon credit market based on a recent…

29 Mar 2023 10AM 8 min

Expectations For The SARB's MPC Meeting

Economists expect the South African Reserve Bank (SARB) to increase the repo rate by 25 basis points as it looks to rein in inflation. Business Day TV discussed the reasons behind the prediction with Hilary Joffe, Editor-at-Large for Business Day.

29 Mar 2023 10AM 9 min

Slight upswing for salaries in February

According to the BankservAfrica's Take-home Index, the average February nominal take-home pay increased to R15 186 in February but still remains 1.8% lower than what it was during the same period last year. Business Day TV unpacked the index with Independent Economist, Elize Kruger.

29 Mar 2023 10AM 6 min

Crypto chat - The viability of using crypto as a payment method

Analysts across the globe are questioning the viability of using cryptocurrencies as a form of payment. In South Africa, one of country's largest retailers Pick n Pay, is making it possible for customers to pay for items using crypto. Business Day TV caught up with the CFO of Luno Alwyn…

28 Mar 2023 1PM 6 min

Is the world moving away from globalisation?

Over the past two decades there has been a growing debate about the concept and state of globalisation, with some analysts questioning its relevance in a post-pandemic world. Business Day TV discussed the relevance of globalisation with Wits University's John Stremlau.

28 Mar 2023 1PM 7 min

Impact of gold smuggling on Zimbabwe’s economy

Al Jazeera’s recent ‘Gold Mafia’ documentary highlights the extent of gold smuggling and money laundering in Zimbabwe. Business Day TV spoke to Propser Chitambara, Development Economist at the Labour & Economic Development Research Institute of Zimbabwe for his analysis how this phenomenon is impacting Zimbabwe’s economy.

28 Mar 2023 10AM 7 min

Master Drilling hikes annual dividend

Master Drilling has given its shareholders a reason to smile. The global drilling group has upped its dividend by over 46% largely driven by a 12% rise in profit. Business Day TV unpacked the performance in greater detail with company’s CEO Danie Pretorius.

28 Mar 2023 10AM 7 min

Ramaphosa cannot assure Putin courts will not issue an arrest warrant

The International Criminal Court has issued a warrant of arrest for Russian President Vladimir Putin, for allegedly committing war crimes in Russia's ongoing invasion of Ukraine. South Africa, being a signatory to the ICC, would be obliged to arrest Putin and hand him over if he sets foot on its…

28 Mar 2023 10AM 7 min

ADvTECH posts double digit profit growth

Higher enrolments and growing demand for ADvTECH's services within Africa gave its performance a boost. The private education provider has delivered an 18% jump in revenue and a 20% increase in headline earnings per share to 146 cents. Business Day TV spoke to company's CEO, Roy Douglas.

27 Mar 2023 12PM 8 min

Hot coal prices fire up Thungela's earnings

Thungela Resources almost doubled profits, delivering a 97% surge in headline earnings per share to R130. This was mainly due to high coal prices. Business Day TV unpacked the company's full-year performance with CEO July Ndlovu.

27 Mar 2023 12PM 7 min

Trade Of The Week - 27 March 2023 | Bidvest | Capitec | Thungela

On this episode of Trade of The Week, founder of Herenya Capital, Petri Redelinghuys, gives his analysis on Bidvest, Capitec and Thungela.

27 Mar 2023 10AM 11 min

Assessing Africa's implementation of ESG strategies

Business Day TV spoke to Lullu Krugel, Economist at PwC about how businesses on the continent are implementing Environmental, Social, and Governance (ESG) strategies

27 Mar 2023 9AM 8 min