Business News Leaders

Listen! SA's worst bird flu outbreak - impact on industry, consumers

South Africa's R59 billion poultry industry is currently facing its worst bird flu outbreak which has already led to an egg shortage in Gauteng. Business Day TV spoke to Abongile Balarane, CEO of the Egg Organisation at the SA Poultry Association for more insight on the potential economic impact of…

22 Sep 2023 9AM 11 min

Listen! RAF amendment bill rattles medical schemes

A proposed draft Bill to amend the Road Accident Fund is causing ripples in the medical insurance sector. Industry experts are concerned about potential hikes in medical aid premiums as insurers rush to address gaps in fund coverage. Business Day TV caught up with Companies & Markets Editor for Business…

22 Sep 2023 9AM 7 min

Listen! MPC stands pat on rates

The South African Reserve Bank has kept the repo rate unchanged at 8.25% for a second meeting running, but it says renewed risks to inflation remain a concern. Business Day TV discussed the decision with Dawie Roodt, Chief Economist at Efficient Group.

21 Sep 2023 1PM 10 min

Listen! Discovery resumes dividend payments

Discovery has resumed annual dividend payouts following solid profit growth. South Africa's largest private health insurer is rewarding shareholders with a dividend of 110 cents, which marks its first payout since the Covid-19 pandemic took hold. Business Day TV unpacked the performance with Discovery CEO Adrian Gore.

21 Sep 2023 11AM 7 min

Listen! VAT Dispute's impact on SA banking and consumers

A major concern in the banking sector is the VAT dispute between Capitec and the South African Revenue Services. It revolves around whether Capitec can deduct VAT on loan insurance payments, a decision Capitec says could impact the banking industry and consumers. Business Day TV spoke to Kokkie Kooyman, Portfolio…

21 Sep 2023 9AM 16 min

Listen! Outlook for Africa amid growing political fragmentation

According to the eight edition of the Africa Risk-Reward Index, Africa's economic activity is expected to pick-up in the next 12 to 18 months. Business Day TV unpacked the index and its findings for Africa's economic prospects with Francois Conradie, Lead Political Economist at Oxford Economics Africa.

21 Sep 2023 9AM 7 min

Listen! Focus on government's debt crisis

National Treasury has revealed that South Africa's budget deficit is the largest it has been in nearly two decades. The state is borrowing R14 billion to keep afloat. Business Day TV discussed the government's debt crisis in greater detail with Gilad Isaacs, Co-Director for the Institute for Economic Justice &…

21 Sep 2023 9AM 9 min

Listen! Upending the narrative of failure in SA

According to the Financial Mail, some South African Business leaders and experts have emphasized the need for immediate interventions to alter the country's trajectory and dispel the narrative of failure. Sim Tshabalala, CEO of Standard Bank, recognizes the long-term nature of the issues, but some argue that immediate actions can…

21 Sep 2023 9AM 7 min

Listen! Rand Water warns of strained water system

Rand Water has warned of a strained water system. The utility says it is observing high water consumption in Johannesburg and Tshwane. despite water restrictions and a call for consumer to cut back. Business Day TV spoke to Sipho Mosai, CEO for Rand Water for more detail.

20 Sep 2023 12PM 10 min

Listen! Retail sales shrink in July

Retail sales are continuing on a downward spiral. In July sales fell for an eighth straight month, falling 1.8%. Business Day TV unpacked the print with Retail Analyst, Alec Abraham.

20 Sep 2023 11AM 8 min

Listen! Focus on the Kenyan economy

Following growth of 4.8% in 2022, Kenya's GDP is expected to grow at 5.5% this year and at an average of 6% over the medium term. This is according to the East African nation's National Treasury Draft Budget Review & Outlook Paper. It also reveals that the fiscal deficit will…

20 Sep 2023 8AM 9 min

Listen! BLSA cautions against SOE shareholding plan

Business Leadership SA (BLSA) has voiced concerns about a proposed shareholding model for state-owned enterprises that has been outlined in the National State Enterprises Draft Bill. The current model suggests that the state would retain majority ownership in SOEs. BLSA, however, suggests an alternative approach where the state holds a…

20 Sep 2023 8AM 8 min

Listen! Inflation edges up in August

Headline consumer inflation ticked up to 4.8% year-on-year in August from 4.7% in July. The marginal increase reflects a slowdown in food prices and an acceleration on the cost of fuel and municipal tariffs. Business Day TV discussed the print in detail with Annabel Bishop, Chief Economist at Investec.

20 Sep 2023 8AM 7 min

Listen! SARB expected to keep rates on hold

South Africa’s Reserve Bank is expected to keep interest rates on hold this week. Business Day TV spoke to Sioban Redford, economist: RMB about what's driving that sentiment, and whether she shares that view.

19 Sep 2023 11AM 7 min

Listen! Forex issues weigh on inter-Africa trade

Forex challenges across the African continent is hindering inter-country trade. This according to the Africa Trade Barometer. Business Day TV spoke to Haroon Bohrat, Professor in the School of Economics and Director of the Development Policy Research Unit at UCT to unpack the index for greater perspective on Africa's trade…

19 Sep 2023 9AM 8 min

Listen! Bob van Dijk steps down as CEO of Naspers and Prosus

Bob van Dijk has stepped down as CEO of Naspers and Prosus. Van Dijk took the helm at Naspers in April 2014 and became CEO of Prosus when it listed on Amsterdam's Euronext in 2019. He has been replaced on an interim basis by Ervin Tu, the group's former Chief…

19 Sep 2023 9AM 9 min

Listen! Load-shedding relief expected in 2024

Business leaders, who serve on the national energy crisis committee (Necom), are fairly confident that load-shedding could possibly end in 2024. This as Eskom's efforts to stabilise generation capacity along with private sector investment in renewables is starting to pay off. Business Day TV spoke to Happy Khambule, Busa's Environment…

19 Sep 2023 9AM 8 min

Listen! Analysts overestimate China's economic recovery

The Chinese economy has had a tough time this year, with economic data missing analysts' expectations and further denting the country's prospects. Business Day TV spoke to the Head of China Strategy at Prescient, Tian Pan for his take on China's economic activity.

18 Sep 2023 12PM 7 min

Trade Of The Week - 18 Sept 2023

Unam Capital's Loyiso Mpeta provides a technical recap on Impala Platinum, Thungela Resources, Omnia, Tiger Brands and City Lodge.

18 Sep 2023 9AM 17 min

Listen! China, Zambia upgrade ties

Zambia and China first established bilateral relations in 1964. The two nations have decided to upgrade their ties to a comprehensive strategic cooperative partnership focused on expanding key economic sectors. Business Day TV spoke to David Monyae, Director of the Centre for Africa-China Studies at the University of Johannesburg for…

18 Sep 2023 9AM 8 min