Business News Leaders

Inflation accelerates after painful fuel price hike

Inflation has hit the midpoint of the South African Reserve Bank's target band at 4.5% year-on-year in March from 4.1% previously. It's the highest level since December on account of higher fuel prices. Executive Chief Economist at Alexander Forbes Isaah Mhlanga joins Business Day TV to talk about what the…

17 Apr 2019 3AM 6 min

EOH shares jump on asset sales

Shares in EOH have surged following an announcement from the company that it plans to raise R1 billion through asset sales as a way to reduce debt. EOH plans to bring the firm’s debt-to earnings-ratio down to 1-1.5 times. As part of the disposal process, EOH has re-evaluated its assets…

16 Apr 2019 3AM 9 min

Zeder maintains earnings and dividends in tough trading conditions

Amidst challenging and tough macro conditions, JSE-listed Zeder has delivered recurring earnings per share growth of 0.4% and maintained its dividend for the financial year ended 28 February 2019. “Zeder has enviable strategic equity interests in leading organisations that span the agribusiness value chain. While the broader investor sentiment towards…

16 Apr 2019 3AM 7 min

How load-shedding has stopped SA’s economy in its tracks

According to BankservAfrica's monthly Economic Transaction Index, banked economic transactions declined by 1.8% year on year in March. That’s as Eskom's recent rolling blackouts had a negative impact on South Africa's economy. Mike Schussler from Economists.co.za joins Business Day TV to talk about the decline in SA’s economic transactions.

14 Apr 2019 2AM 6 min

State of electioneering ahead of 8 May

The national election will see over 26 million registered voters head to the polls on 8 May and in the lead up to the event, political parties are making use of all sorts of campaign antics to ensure a mark is placed next to their party’s symbol. The Democratic Alliance,…

12 Apr 2019 2AM 7 min

Is it the end of active investing?

According to Morningstar, the passive investing movement has gained steam in the last year, putting pressure on its active peers. Deputy MD of Investec Asset Management, Sangeet Sewnath talks to Business Day TV about how this pressure could be a good motivator for active fund managers .

12 Apr 2019 2AM 6 min

The next likely move in the palladium price

With the palladium price having consolidated over the past two weeks, and then resuming their climb, traders are wondering what direction the palladium price will take next. Georgette Boele, Senior Precious Metals & Diamond Analyst at ABN Amro speaks to Business Day TV about her view on the next move.

11 Apr 2019 3AM 5 min

More Brexit uncertainty ahead

British Prime Minister, Theresa May has been granted a Brexit extension. Britain is now set to leave the EU at the end of October adding six more months of political uncertainty over its ties with the EU. Brexit Director at DLA Piper, Paul Hardy spoke to Business Day TV about…

11 Apr 2019 3AM 4 min

Sibanye-Stillwater CEO on the group’s prospects

Plummeting mining production; labour unrest at its gold mines; and the upcoming platinum wage talks are piling pressure on Sibanye-Stillwater. CEO Neal Froneman spoke to Business Day TV about on what issues could mean for the direction of the company going forward.

11 Apr 2019 3AM 8 min

How does Nissan intent to double its industrial reach in Africa by 2022?

Car-maker, Nissan plans to invest R3 billion towards its Rosslyn plant to ready it for the production of the new Navara model for supply of the local and continental market. MD of Nissan SA Mike Whitfield spoke to Business Day TV about the investment in South Africa at such a…

10 Apr 2019 2AM 6 min

How corruption has eroded the pillars of democracy

Corruption Watch has released its seventh annual corruption report which broadly focuses on how corruption has eroded the pillars of democracy and as such is aptly titled, Upholding Democracy. The organisation's David Lewis spoke to Business Day TV about some of the corruption trends that they have identified and how…

10 Apr 2019 2AM 6 min

What lessons do the bull market hold for investors?

It has been 10 years since equity markets bottomed after the Global Financial Crisis in 2009. That means that the post-crisis bull market is 120 months old. This has triggered some worry that it has run for too long. So where to next? Chief investment strategist from Old Mutual Multi-Managers,…

10 Apr 2019 2AM 5 min

S&P maintains a stable outlook on SA’s credit rating

Ratings agency, S&P Global is hosting a two-day conference focused on the country's credit landscape based on the current political landscape. The organisation expects the ruling party to maintain its power post the May 8th election calling it the best possible outcome allowing for the continuation of current reforms which…

9 Apr 2019 2AM 8 min

Why has the platinum dollar price been declining since 2011

The Platinum Industry Conference took place on Tuesday and the Minerals Council is emphatic that the industry needs bold action in terms of new strategies to help deal with the fact that 65% of the country's PGM operations are loss making. Mining Analyst at Mergence Corporate Solutions Peter Major, attended…

9 Apr 2019 2AM 5 min

Afrimat makes R2.1bn offer for Universal Coal

In pursuit of a diversification strategy - buildings material supplier, Afrimat, now stands as the sole bidder for Australia listed Universal Coal for up to R2.1bn. So, what exactly will the company bring into the Afrimat stable. The move, according to CEO Andries van Heerden, is part of Afrimat's strategy…

8 Apr 2019 2AM 4 min

AYO hits historic lows as PIC inquiry rages on

The commission of inquiry into impropriety at the PIC is raging on with much of today's focus on Ayo Technology which appears to have unduly benefited from PIC investments. The company is inextricably linked to businessman Iqbal Surve whose testimony has resulted in the JSE being summoned to the inquiry…

8 Apr 2019 2AM 7 min

Bitcoin spikes 21% in a week

Bitcoin awoke from its slumber earlier this week. That's as its trading price jumped over 20% and broke the $5000 barrier for the first time since November last year. We were joined in studio by Luno's head of Africa, Marius Rietz for some analysis on the recent spike.

5 Apr 2019 2AM 6 min

Should investors be betting on listed property firms?

As an asset class, SA's listed property sector delivered negative 25.2% performance for the twelve months up to the end of December 2018, taking the three-year return to a mere negative 1.1%. This is compared to a three-year return at the end of December 2017 that was at 11.7%. Portfolio…

4 Apr 2019 2AM 5 min

What exactly are Eskom’s priorities?

The current state of Eskom can be attributed to the lack of maintenance at the utility over the years and its stands testament to poor leadership that's presided over the state owned entity over the period, which fell prey to state capture. Of course, there has been a new board…

4 Apr 2019 2AM 8 min

SA and Nigeria are weighing on Africa’s average growth.

South Africa is not contributing to African growth in any meaningful way. And that IT, along with Nigeria, is weighing on the growth the continent could be clocking - with the hubs contributing half of Africa's GDP. Thys Louw, Assistant Portfolio Manager for Emerging Market Fixed Income at Investec joins…

3 Apr 2019 2AM 8 min