Business News Leaders

Binance ditches FTX merger deal

The crypto market is in turmoil with major coins like bitcoin plunging for a second straight session. This comes after Binance abandoned the FTX deal. Business Day TV discussed these moves in detail with South Africa's country manager at Luno, Christo de Wit.

10 Nov 2022 12PM 6 min

Multichoice bets on the Fifa World Cup

Multichoice has released interim results, recording a 5% rise in its user base and a 7% jump in revenue. This however did not fully translate into its bottom line, as earnings were impacted by a big investment in decoders ahead of the upcoming 2022 FIFA World Cup. Business Day TV…

10 Nov 2022 11AM 7 min

World Gold Council assesses climate change risks

As Cop27 is underway, the World Gold Council has been urging gold miners to plan further for climate change risks. In its latest report the council outlined a range of adaptation strategies, to help gold miners remain resilient. Business Day TV spoke to the council's Climate Change Lead, John Mulligan

9 Nov 2022 12PM 7 min

A2X saves investment market R500m a year

Alternative stock exchange, A2X, has managed to save the investment market R500 million a year. This is largely due to lower trading fees and its ability to narrow the bid-offer spreads of the prices of listed securities. Business Day TV caught up with the company's CEO, Kevin Brady.

9 Nov 2022 12PM 6 min

What to expect from US midterm elections

Midterm elections have kicked off in the USA, and we've had polls reveal that the Republican Party, is on the verge of taking back control of the US House of Representatives, for the first time in four years. What would this mean for policy, and relations, with countries like South…

8 Nov 2022 12PM 7 min

Oil price edges lower

The oil price has taken a hit as Covid-19 outbreaks in China heightened fears of lower fuel demand. Business Day TV discussed the moves playing out in that space with commodities trader at RMB, Raymond Phillips.

8 Nov 2022 12PM 6 min

Raubex ups its half-year dividend

Increased activity in most of Raubex’s projects has given it a boost. The construction and materials group delivered a 16% jump in headline earnings per share and this further resulted in a 12.7% increase in its interim dividend. Business Day TV unpacked the numbers with the company’s CEO, Felicia Msiza.

7 Nov 2022 11AM 10 min

SOEs no longer forced to use 100% black-owned suppliers

Business Day TV speaks to Khaya Sithole about Finance Minister Enoch Godongwana's announcement that companies no longer need to be BEE compliant, to bid for business with SOEs like Eskom, Prasa and Transnet.

7 Nov 2022 11AM 8 min

Assessing appetite for Africa’s doll market

The traditional Barbie doll went on display at a Toy Fair in New York for the first time in March 1959. Years later, there’s interest in African dolls. The Middle East and Africa are currently two of the fastest growing toy markets in the world. Business Day TV explored the…

4 Nov 2022 10AM 7 min

MTN delivers resilient performance

Against a backdrop of difficult macroeconomic, geopolitical and regulatory conditions across markets, MTN has reported a resilient overall performance for the nine months to end-September. Business Day TV spoke to MTN President and CEO Ralph Mupita for more detail.

4 Nov 2022 9AM 10 min

What can emerging market central banks do to protect their currencies?

The dollar index has appreciated by 25% since mid-2021. The strength however has hit emerging market currencies, and central banks within the region have had to fight back by raising rates in an attempt to protect their currencies. Business Day TV spoke more about this with Senior Emerging Market Economist…

3 Nov 2022 12PM 5 min

Nedbank lowers SA GDP growth forecast for 2023

Nedbank has adjusted South Africa's GDP growth lower for 2023 on the back of slower global growth and a lack of electricity. Business Day TV unpacked this in greater detail with Jones Gondo from Nedbank CIB.

3 Nov 2022 11AM 8 min

Dis-chem delivers double digit earnings growth

Dis-chem has reported upbeat half-year results, delivering a 44.3% jump in headline earnings per share as consumers shopping routines returned to pre-pandemic levels. Business Day TV unpacked the numbers with company's CFO, Rui Morais.

2 Nov 2022 12PM 8 min

Upbeat equities boost ETF market in October

Risk assets ended off October on a positive note, with the Dow Jones posting its biggest monthly gains since 1976 and the JSE All Share recording a 6% rise last month, outperforming its emerging market peers. Business Day TV caught up with the Head of Product at CoreShares, Chris Rule…

2 Nov 2022 12PM 7 min

Is this the end of Twitter as we know it?

Elon Musk has finalised the Twitter takeover deal, acquiring the social media platform for $44bn. Business Day TV caught up with Co-Founder & CIO: Anbro Capital, Craig Antonie and he shared his take on the takeover and Twitter going private.

1 Nov 2022 1PM 7 min

Rand trades above R18 ahead of the Fed’s rate decision

Trade in currency markets has been choppy, as traders await the Fed's interest rate decision. Business Day TV spoke to RMB's Client Structurer, Shehnila Khan for more detail on how the rand has been performing.

1 Nov 2022 1PM 7 min

Adcorp reports first revenue rise since 2018

Adcorp says this is the first time since August 2018 that it has reported a rise in revenue over the prior year period. Business Day TV spoke to Adcorp CEO John Wentzel for insight into the company’s performance.

31 Oct 2022 1PM 7 min

Semigration works in Balwin's favour

Sectional title developer Balwin Properties says it has benefited from semigration as growing demand for apartments in the Western Cape helped lift the number of apartments recognised in its revenue for the period end-August by 7.85% to 1,360. Business Day TV spoke to Balwin Properties CEO Steve Brookes for more…

31 Oct 2022 1PM 7 min

Trade Of The Week - 31 Oct 2022: JSE | British American Tobacco | AB-InBev

In Trade of The Week, Independent Analyst Loyiso Mpeta gives a quan-tech-mental analysis on the JSE, British American Tobacco, AB-InBev and Mondi PLC.

31 Oct 2022 10AM 12 min

SA rejects U.S terror warning

Minister in the Presidency, Mondli Gungubele has rejected the U.S warning of a terrorist attack on South Africa and Deputy Minister of State Security, Zizi Kodwa has criticized the U.S for not following protocol when it issued the warning. Business Day TV spoke to Graeme Hosken, Investigative Journalist for Sunday…

28 Oct 2022 10AM 8 min