Business News Leaders

SA's BRICS ties vs. relationship with the West

As South Africa gears up to host the 15th BRICS Summit, Busi Mavuso, CEO of Business Leadership SA warns that the country's relationship with BRICS should not come at the expense of its trade relationship with the West. Business Day TV spoke to her for more detail on her view…

25 Jul 2023 10AM 8 min

SA's manufacturing sector in focus

Income from manufacturing production in South Africa increased by 1.6% in 2021, according to the Statistician-General's recent report on the sector's performance. The publication shows that the diesel fuel and automotive segment maintained the largest product position in both 2017 and 2021. Business Day TV spoke to Philippa Rodseth from…

24 Jul 2023 12PM 9 min

Downbeat metal prices weigh on Anglo American Platinum

Anglo American Platinum has had a tough six months. The miner had to contend with lower metal prices as well as downbeat production. This hit profits with, headline earnings per share declining 71%, which further resulted in the group slashing its dividend by 85% to R12. Business Day Tv unpacked…

24 Jul 2023 12PM 7 min

Trade of the week - Aspen, Tiger Brands and Sasol

On this episode of Trade of the Week, founder of Herenya Capital, Petri Redelinghuys provides technical analysis on Aspen, Tiger Brands and Sasol

24 Jul 2023 9AM 19 min

Fitch downgrades Kenya's credit rating to negative

Pre-pandemic, Kenya was positioned to be one of the top performing economies in the world. The IMF also suggested this earlier this year but things have taken a dramatic turn. On account of worsening macroeconomic conditions, ratings agency Fitch downgraded Kenya's credit rating to negative from stable. Business Day TV…

24 Jul 2023 9AM 7 min

EFF Gauteng tie-up on the ropes

ANC Chair Panyaza Lesufi is battling to retain power, facing legal challenges to his slim victory and overwhelming demand for limited youth employment spots. Moreover, the ANC's national leadership is re-assessing their alliance with the EFF, potentially endangering their political control in the region. To unpack the politics of it…

24 Jul 2023 9AM 8 min

Govt to go to court to keep vaccine contracts secret

The Department of Health is hell-bent on keeping the vaccine contracts that it signed with pharmaceutical manufacturers during the pandemic a secret. Government will head to court to try and keep this detail under wraps amid expired vaccines possibly costing the country R3.9bn. Business Day TV spoke to Alex van…

24 Jul 2023 8AM 8 min

Assessing economic transformation in SA

BEE is scornfully referred to as a tick box exercise. The Sanlam 2023 Transformation Gauge has affirmed this with its finding that BEE scorecards are not reflective of true transformation on the ground. Business Day TV spoke to Business Times Reporter, Dineo Faku, about economic transformation in South Africa in…

21 Jul 2023 9AM 8 min

Outlook on Africa's insurance industry

Katlego Thaba, Associate Director for Actuarial Insurance Solutions at Deloitte Africa joined Business Day TV to unpack Deloitte's annual insurance industry outlook which outlines trends and developments in the sector.

21 Jul 2023 9AM 8 min

Barbie at the box office: counting the cost

Bringing Barbie to life in a movie has cost $145 million. The film is expected to bag between $80-$100 million in its opening alone. Business Day TV tallied the cost of making the movie with Zaid Kriel, Executive Editor of leading video game and entertainment website, IGN Africa.

21 Jul 2023 8AM 9 min

Reserve Bank maintains repo rate at 8.25%

The Reserve Bank's kept the repo rate unchanged at 8.25%, for the first since late 2021. Reserve Bank governor Lesetja Kganyago says this was not the end of the hiking cycle. Business Day TV unpacked the decision with Dawie Roodt, Chief Economist at Efficient Group.

20 Jul 2023 2PM 10 min

Karooooo delivers 'solid' growth in the first quarter

Karooooo has continued to deliver upbeat subscriber growth. During the first quarter subscribers grew 14% which boosted revenue, which came in 24% higher. Business Day Tv unpacked the numbers with the company's CEO, Zak Calisto.

20 Jul 2023 1PM 7 min

MPC Preview - 20 July 2023

Inflation eased for a second consecutive month in June and prompted many to believe that the Sarb would leave interest rates unchanged at its July meeting while others priced in a hike of 25 basis points. Business Day TV spoke to Andre Cilliers Director & Currency Strategist at Treasury One…

20 Jul 2023 11AM 19 min

Angola's currency woes

Angola's kwanza lost nearly 40% of its value during the first half of this year. The currency is set to be the worst performing on the African continent in 2023. Gerrit van Rooyen, Economist at Oxford Economics Africa joined Business Day TV with his outlook for the Southern African nation's…

20 Jul 2023 11AM 8 min

Household financial resilience declines in Q1

According to the Altron FinTech Household Resilience Index, households are worse off financially than they were during the Covid-19 pandemic as financial resilience fell by 2.4% during the first quarter. Business Day TV unpacked the index in greater detail with Independent Analyst, Roelof Botha.

20 Jul 2023 11AM 8 min

Putin will not attend BRICS summit in SA

Russian President Vladimir Putin will not attend the 15th BRICS summit in person in South Africa next month. The decision safeguards South Africa from breaking its obligations as a signatory of the Rome Statute by not arresting the Russian head of state. Business Day TV spoke to Thando Maeko, Journalist…

20 Jul 2023 11AM 6 min

Unpacking South Africa's energy mix

As South Africa's energy crisis intensifies, calls are growing among experts for a greener energy mix. Business Day TV spoke to Linda Mabhena-Olagunju, the CEO of DLO Energy Resources, for more detail on the wind power space.

19 Jul 2023 1PM 7 min

Crypto chat - The cryptocurrency rally takes a breather

The rally in the crypto market has lost some steam, with Bitcoin trading sideways near the $30,000 mark. Business Day TV caught up with Luno's Christo de Wit and he shared insight on the factors influencing crypto moves.

19 Jul 2023 1PM 7 min

SA's Exchange Traded Product Industry

Exchange Traded Products (ETPs) have seen continued favour among investors on the JSE. The industry has grown 22.5% between December 2022 and June 2023. Mike Brown, Managing Director at eftSA, joined Business Day TV for a breakdown of ETP sector and its performance.

19 Jul 2023 12PM 9 min

Focus on economic reforms & financial developments in Africa

usiness Day TV spoke to Lourens Harmse, Africa Desk Head at RMB for some insight into the financial developments across Africa. These include Nigeria's fuel subsidy removal and its impact on the West African nation's economy and Zambia's debt relief plan.

19 Jul 2023 9AM 10 min