Business News Leaders

What is the impact of COVID-19 having on the banking sector

With banks of course playing a vital role in the economy and staying operational and accessible, the Board of the Banking Association South Africa has considered the industry's response to the Covid-19 pandemic and the lock-down - and the association's MD, Cas Coovadia talks to Business Day TV talks about…

30 Mar 2020 2AM 8 min

Why Moody's rated SA as junk

Moody's move to downgrade South Africa's credit rating to junk wasn't unexpected, the timing, however puts additional pressure on the country's economy as we're still assessing the impact of the coronavirus. Business Day TV unpacked the decision with Business Day Editor, Lukanyo Mnyanda, Intellidex's Peter Attard Montalto and Duma Gqubule…

30 Mar 2020 2AM 10 min

How bond markets react to SA's junk status

Many economists expect South Africa's borrowing costs and government bond yields to rise on the back of the Moody's downgrade. Business Day TV caught up with Absa Asset Management's James Turp for more insight on the current activity playing out on the bond markets.

30 Mar 2020 2AM 3 min

Will the rise in communication weigh on connectivity?

South African's will rely on solid internet connectivity to get a lot of their tasks done, as we head into a national lockdown. Given the anticipated pressure on service providers to deliver, Business Day TV spoke to Rain's CEO Willem Roos about whether the firm is positioned to do so.

27 Mar 2020 2AM 7 min

Miners supplying Eskom to remain operational

The Department of Mineral Resources and Energy says that it recognises that a complete shutdown of the mining industry is not feasible. Business Day TV spoke to DG of the Department of Mineral Resources and Energy, Thabo Mokoena to assess the readiness of the sector for the 21-day lockdown.

27 Mar 2020 2AM 7 min

Total shutdown of mining sector not feasible - DMR

The Mineral Council’s lobbying has paid off. PGM production will continue during the national lockdown albeit at significantly lower output levels. Business Day TV spoke to Peter Major, Mining Analyst at Mergence Corporate Solutions for his view on what the national lockdown period may mean for various players in the…

27 Mar 2020 2AM 7 min

How SARB ups liquidity measures as lockdown looms

As the country readies for a 21-day lockdown, the Reserve Bank has increased it measures to buffer the financial system against the coronavirus impact. These include extending refinancing operations, as well as buying government bonds to inject liquidity into the system. Business Day TV spoke to the Reserve Bank's Deputy…

26 Mar 2020 2AM 8 min

Impact of national lockdown on the property sector

The national lockdown is set to hit a number of sectors. The property industry has taken a beating, with mall owners feeling the impact of consumers remaining at home. Business Day TV spoke to Ridwaan Loonat from Nedbank CIB about the property sector's performance year to date, as well as…

26 Mar 2020 2AM 5 min

How global stimulus measures boost local unit

The local unit might've been dealt a blow over the past days, but it managed to gain some ground on Tuesday. RMB's John Cairns took Business Day TV through some of the factors influencing the currency market.

25 Mar 2020 2AM 4 min

R500m immediately available to assist SMMEs

Government has made R500 million available to assist small, medium and micro enterprises during the coronavirus lockdown. Business Day TV spoke to John Dludlu, CEO of the Small Business Institute for his views on the fund.

25 Mar 2020 2AM 8 min

How the property industry is affected by Covid-19 lockdown

Vukile Property Fund has significant mall exposure across South Africa and Spain. The two countries have gone under national lockdown due to the coronavirus spread. Business Day TV spoke to the CEO of Vukile Property Fund Laurence Rapp, for his assessment of the impact on the property industry.

25 Mar 2020 2AM 6 min

How a growing student base boosts ADvTECH's revenue

A growing student base has given ADvTECH a boost. That's as it reported a 16% rise in revenue and a 20% increase in headline earnings per share. Business Day TV spoke to CEO Roy Douglas for more detail on the performance.

24 Mar 2020 2AM 8 min

What is the impact of COVID-19 on SA’s taxi industry

As the number of South African COVID-19 infections climb, the message is broadly to work from home and apply social distancing to avoid the spread of the virus. The instruction however will see less demand for the taxi industry. Business Day TV spoke to David Hurwitz CEO of Transaction Capital…

24 Mar 2020 2AM 7 min

Food security amid COVID-19

Sanitizers, toilet paper and canned foods - these are some of the items that are flying off retail shelves. What could some of the ‘scare buying’ mean for food security? Business Day TV spoke to Noel Doyle CEO of Tiger Brands for more.

24 Mar 2020 2AM 6 min

How Grand Parade more than doubled headline earnings

Grand Parade's delivered a 19% rise in interim revenue while headline earnings more than doubled. Business Day TV caught up with CEO Moshin Tajbhai for a look at the company's half-year performance.

23 Mar 2020 2AM 6 min

How ARC's stake in Rain pays off

African Rainbow capital was one of those rarest of beasts on the JSE today: a company with a gain in its share price - a 12.8% intraday surge, to be exact. The empowerment investment firm has managed to grow its intrinsic net asset value per share by 3.4% although at…

20 Mar 2020 2AM 7 min

MPC cuts repo rate with 100 basis points

We've got more than what we've bargained for. The expectation was largely for a 50 basis point cut to interest rates but its come in at 100 basis points along with aggressive changes to the GDP and inflation forecast. Azar Jammine, Chief Economist at Econometrix talks to Business Day TV…

20 Mar 2020 2AM 7 min

How inflation increased to 4,6%

The February inflation print came in at 4.6%, up slightly from 4.5% largely driven by food prices, as well as medical insurance. Business Day TV spoke to Kevin Lings, Chief Economist at Stanlib for his analysis on the print and where it’s headed.

19 Mar 2020 2AM 8 min

How LFP and BFASA are working on improving food security

LFP Group and the Black Farmers Association of South Africa have partnered to empower black farmers in the country, and tackle food security issues. Business Day TV spoke to Lenox Mtshagi, president of BFASA and Francois Pulzone of LFP Group for more detail on the collaboration.

19 Mar 2020 2AM 7 min

How Libstar managed to improve margins

Libstar's reported double digit profit growth, with full-year normarlised headline earnings per share jumping close to 11%. This was fuelled by contributions from its food-related categories, as well as improved margins. Business Day TV caught up with CFO Robin Smith for more detail on the numbers.

19 Mar 2020 2AM 7 min