Business News Leaders

Is EOH's restructuring strategy paying off?

Restructuring efforts have impacted EOH's revenue streams but the strategy shift is bearing fruit to make the technology firm a more sustainable business. Business Day TV's Alishia Seckam spoke to EOH CEO Stephen Van Coller for more detail.

14 Apr 2021 2AM 9 min

Taking the temperature of the SA economy

The IMF has upped its GDP growth forecast for SA in 2021 from 2.8% to 3.1%. The SARB recently raised their 2021 growth forecast from 3.6% to 3.8%, while some private sector economists like Old Mutual think growth this year may be as high as 5%. Yet load shedding bites…

14 Apr 2021 2AM 25 min

Capitec declares hefty dividend

Capitec has declared an interim dividend of R16, despite a slump in headline earnings. The dividend, which is more than double the payout made last year comes as Capitec sees its future profitability driven by customer uptake in digital following solid growth during the period. Business Day TV's Alishia Seckam…

13 Apr 2021 2AM 7 min

Mining output surprises to the upside in February

South African mining production rose by 0.8% in February led by gains in iron ore mining. This marks the first month of growth in mining activity in a year and Business Day TV's Alishia Seckam spoke to Henk Langenhoven, Chief Economist at the Minerals Council SA for a look at…

13 Apr 2021 2AM 6 min

Technology adoption: beyond the Covid hype

The Covid-19 pandemic has disrupted everything from consumer behaviour to supply chains, and the economic fallout is causing further changes. The one thing that we hear about constantly is how technology and digital transformation has been speeded up as a result. But how much of this is true and how…

13 Apr 2021 2AM 26 min

Renergen inks first helium sales deal

Renergen has clinched its first direct helium supply deal with an unnamed global automotive player. The group is also mum on the cost of the lucrative deal but says that by 2024, if you buy a German premium brand car, chances are Renergen will be powering the airbags. Business Day…

12 Apr 2021 2AM 6 min

SAA pilots’ settlement hangs in the air

SAA’s business rescue practitioners are still struggling to secure a payment agreement with the SAA Pilots Association, as the parties have failed to find common ground on the payment calculation method that must applied. Business Day TV's Alishia Seckam spoke to Grant Back, Chair of the Pilots Association for more.

12 Apr 2021 2AM 6 min

Caveat Hodler

There is a new wave of excitement about cryptocurrencies after bitcoin's recent rally pushed the global market cap of cryptos past the $2 trillion mark, but S&P Global Ratings believes they continue to be speculative instruments instead of a means for commerce. And this week Wednesday Coinbase, the largest crypto…

12 Apr 2021 2AM 27 min

New study says booze ban wasn’t needed

Business Unity South Africa is calling on government to assess pandemic related decisions. This comes after an alcohol industry-sponsored study found no evidence that the three coronavirus-induced alcohol bans were the main reason for decreased trauma admissions. Business Day TV spoke to BUSA CEO Cas Coovadia, for more detail.

9 Apr 2021 2AM 7 min

The week in review

US Treasury Secretary Janet Yellen’s global minimum company tax rate idea has poked the hornets’ nest. It is unsurprising as one of the big themes to emerge from the pandemic is the haves versus the have nots and politicians around the world are going to be fixated on closing inequality…

9 Apr 2021 2AM 26 min

Why the soft commodity rally is worrying investors

Soft commodity prices have rallied to near multi-year highs and this has stocked inflation concerns. Business Day TV's Alishia Seckam caught up with Rabobank’s head of agri markets, Carlos Mera to discuss what’s driving the rally and why investors are concerned by the rising prices.

8 Apr 2021 2AM 3 min

AI and the future of work after Covid

An important conversation at a policy and business level as we start to pick through the ways that Covid has changed the business environment for ever, is the impact that Covid has had on labour. The pandemic caused the future of work to arrive early. And in a country with…

8 Apr 2021 2AM 24 min

What does the future hold for Thungela Resources?

Anglo American is planning to spin out its South African coal business into a new JSE-listed firm that will be known as Thungela Resources. Business Day TV's Alishia Seckam spoke to July Ndlovu, CEO of Anglo Coal and the designated head of the new entity for more detail on the…

8 Apr 2021 2AM 7 min

What are the opportunities around Venture Capital across Africa

In our series of The Future of Business with Nedbank CIB – Host Michael Porter speaks to the Principal of Alternative Equity Investments at Nedbank Corporate and Investment Banking, Zack George, about the never-ending opportunities and possible risks around Venture Capital across Africa.

8 Apr 2021 2AM 5 min

Impact of Mozambique’s terror attacks on national security

Suspected Islamic State-linked insurgent attacks have broken out in the north of Mozambique. The attacks, which have been on the increase since 2017, have claimed lives and impacted many businesses. Business Day TV's Alishia Seckam spoke to Security and Defence Analyst Helmoed Heitman, for a look at what this spells…

8 Apr 2021 2AM 5 min

RMIPPP gaslights energy policy

When Minister of Mineral Resources and Energy, Gwede Mantashe, announced the winning emergency power bidders and opened bid window 5 of the REIPPP, there was a lot of wailing and gnashing of teeth over the inclusion of Turkish power ships in particular. Not so much the technology solution as the…

7 Apr 2021 2AM 30 min

What does the CompCom's market inquiry into public transport reveal?

The Competition Commission has released the findings of its inquiry into the public transport sector, which aimed to understand the state of competition in the industry. Business Day TV's Alishia Seckam unpacked the findings of that investigation with the watchdog's Principal Economist, Thulani Mandiriza.

7 Apr 2021 2AM 7 min

Global economic recovery hopes boost rand

The local unit is hovering near its five-week best as a softer dollar and global economic recovery hopes boost sentiment. Business Day TV's Alishia Seckam caught up with RMB’s John Cairns and he shared more detail on the moves playing out in the currency markets.

7 Apr 2021 2AM 4 min

Eskom-Oracle contractual dispute, what's at stake?

Eskom is in a contractual dispute with its technical services provider Oracle, which claims that the power utility has underpaid it and owes it over R7 billion. Eskom disputes this figure but acknowledges that losing Oracle will have catastrophic consequences. Business Day TV's Alishia Seckam spoke to Sikonathi Mantshantsha, Spokesperson…

7 Apr 2021 2AM 8 min

Oil prices rebound

Oil prices have edged higher, supported by a weaker dollar and optimism over the global economic recovery. Business Day TV's Alishia Seckam spoke to Bjarne Schieldrop from SEB for a look at where the oil price is headed

6 Apr 2021 2AM 4 min