Business Day TV Business News Leaders

Business News Leaders

Interviews with top CEOs and leaders shaping today's news stories alongside all the latest news that is impacting the markets, business and investments around the world.

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Keywords: money, opportunity, business plan, business ideas, business news, income, financial news, industry news and views
Daily English South Africa Business · Business News
3,907 Episodes
3120 – 3140

SA business confidence stuck at a 2 year low

Business confidence is stuck at a two-year low. The RMB/ BER Business Confidence Index has flatlined at 28 points during the second quarter. Building, retail and wholesale trade businesses registered an improvement in sentiment while the confidence of manufacturers' and motor trade companies dimmed. To find out if the index…
13 Jun 2019 2AM 7 min

Where to from here for SA's gold miners?

Gold production in April fell by almost 19.7% year-on-year, data from Stats SA showed on Thursday. The sector has been hard hit in recent months by strikes at gold mines led by the Association of Mineworkers and Construction Union (Amcu). Business Day TV sat down with Cobus Loots the CEO…
13 Jun 2019 2AM 5 min

Mining sector contracts for sixth consecutive month

Mining production contracted 1.5% year-on-year in April, extending the sector’s fall to a sixth consecutive month. Although this outcome spells a weak start to mining production for the second quarter, an improvement is expected to be seen in May and June, said FNB economist Matlhodi Matsei. Factors likely to support…
13 Jun 2019 2AM 6 min

Altron's turnaround gathers pace

Altron's CEO Mteto Nyati says that the group's turnaround is complete. Once a JSE top-40 stalwart, Altron lost favour with investors after a series of strategy blunders. Managerial missteps under founder Bill Venter’s heirs, Robbie and Craig, eventually drove Altron, and its one-time listed subsidiary Altech, from the JSE’s blue-chip…
12 Jun 2019 2AM 6 min

NUMSA, SACCA rally behind SAA's former CEO Vuyani Jarana

The National Union of Metalworkers of South Africa (Numsa) and the South African Cabin Crew Association (SACCA) wants outgoing SAA CEO Vuyani Jarana reinstated. The unions have also demanded that members of SAA's board be removed. Business Day TV spoke to Numsa's Phakamile Hlubi-Majola for a closer look at the…
11 Jun 2019 2AM 5 min

Factory activity surges in April

Factory activity rose the most in almost three years as the worst load-shedding the country has seen abated. Manufacturing production grew 4.6% in April, after the sector saw growth of 1.3% in March. The biggest growth drivers in the sector were a 9.4% rise in basic iron and steel, nonferrous…
11 Jun 2019 2AM 7 min

Capital Appreciation takes profit hit as it invests for future growth

Fintech group, Capital Appreciation released its annual numbers on Monday, delivering a near 20% rise in revenue to just over R607 million and a 12.6% fall in headline earnings per share. The group said earnings were partly hit by investments made in anticipation of growth in commercial activity. Business Day…
10 Jun 2019 2AM 5 min

A2X listings grow to 21

NEPI Rockcastle has been approved for a secondary listing on A2X Markets and it's shares will be available for trade on the exchange from Tuesday, 18 June 2019. Speaking on the listing, A2X CEO Kevin Brady said, “We welcome NEPI Rockcastle onto the A2X platform. As a leading international property…
10 Jun 2019 2AM 4 min

Can SAA return to profitability?

South Africa Airways (SAA) has appointed its head of operations as acting chief executive. Zukisa Ramasia takes over from Vuyani Jarana who unexpectedly resigned last week, after less than two years in the job, saying his turnaround strategy for the loss-making airline was being undermined by a lack of state…
10 Jun 2019 2AM 7 min

SA attends the 108th session of the International Labour Conference

The 108th session of the International Labour Conference is underway in Geneva where delegates from around the globe meet to find solutions to future challenges in the world of work. President Cyril Ramaphosa is leading the South African delegation. He was appointed in 2018 as the co-chair of the ILO’s…
10 Jun 2019 2AM 7 min

SA construction companies go bust

South Africa's construction sector is facing severe headwinds. The industry has had to content with a lack of infrastructure spending, a shrinking economy and slow payments from the private and public sector, which could see many investors shy away from construction stocks. Arthur Karas from Old Mutual Investment Group however…
6 Jun 2019 3AM 5 min

SARB should consider printing money - ANC NEC

Reserve Bank Governor, Lesetja Kganyago has dismissed quantitative easing as an option to revive the economy. This after ANC Secretary General, Ace Magashule announced that a ta​sk team would be put together to explore the idea. Quantitative easing helped the United States bounce back after the financial crisis, and also…
6 Jun 2019 2AM 8 min

Sacci BCI edges lower in May

The SA Chamber of Commerce and Industry's (Sacci) business confidence index (BCI) declined to 93.0 points in May from 93.7 in April. The figure is below the five-month average of 93.4 points, and below the average 95.5 points seen throughout the course of 2018. Subdued global economic activity has caused…
5 Jun 2019 2AM 8 min

The blunt facts about cannabis investments

Cannabis has been smouldering in the financial markets of late. There have been some exciting IPOs, some crazy valuations, and some zero-to-hero, back-to-zero share-price movements. Undoubtedly there is opportunity, but Petri Redelinghuys from Herenya Capital Advisors says that getting your head around it is a bit more difficult than you’d…
5 Jun 2019 2AM 5 min

SA's economy contracts 3.2% in the first quarter

SA’s economy contracted 3.2% in the first quarter of 2019, marking the biggest quarterly decline in a decade. This as all industries except government, finance and personal services contracted during the period. The Reserve Bank recently cut its growth forecast for this year to 1% from 1.3% while Treasury expects…
4 Jun 2019 2AM 8 min

Gauging Mantashe's ability to recharge the energy sector

Gwede Mantashe will hold onto the reins as the head of government's mining portfolio while taking on the responsibility for South Africa's energy plans as well. This has sparked some unease with energy analyst Chris Yelland recently commenting that the merged portfolio could bring huge disruptions to the country's energy…
4 Jun 2019 2AM 6 min

Absa PMI falls to near seven-month low in May

The Absa purchasing managers’ index fell to 45.4 index points in May from 47.2 points in April, bringing the average for the first two months of SA’s second quarter to 46.3 points, below the average 47.1 points in the first. May's number is only 0.4 index points from a March…
3 Jun 2019 2AM 7 min

Delta Property Fund forecasts lower earnings in 2020

In the year to end-February 2019, Delta Property Fund’s distributable earnings declined to 73.84c a share from 97.24c previously. Net property income declined 9.7% in the year. The company said its property valuations decreased by R227m, partly because of the slow pace of lease renewals by the department of public…
3 Jun 2019 2AM 8 min
3120 – 3140