Business News Leaders

Green Hydrogen: Game changer for energy supply in Africa?

Simon van Wyk, Partner and Director for ESG, Sustainability and Risk Advisory at Deloitte Africa says that green hydrogen could be a game-changer for electricity supply in Africa. Business Day TV spoke to him for greater perspective and insight on energy source and its potential.

12 Jul 2023 10AM 9 min

US awards Eskom R24m grant for transmission grid

Eskom has received a grant of R24m from the US Trade and Development Agency to help finance its transmission network. This assistance will evaluate the feasibility of incorporating new technologies to improve South Africa's transmission grid. The funding marks a significant step towards achieving a more equitable energy transition. Business…

12 Jul 2023 9AM 8 min

SA's water shortage-crisis

For maintenance purposes and to ensure water security, the continent's biggest water utility, Rand Water is undertaking a 58-hour water outage in parts of Johannesburg. The utility has blamed issues related to water availability squarely at the feet of municipal mismanagement and capacity issues. Business Day TV spoke to Jennifer…

12 Jul 2023 9AM 9 min

Local property sector ends Q2 on a sour note

The local property market has taken a knock, with the SA Listed Property Index slipping 7.4% in the second quarter. Business Day TV caught up with MD & CEO of Rode Associates, Erwin Rode for a look at the factors weighing on the industry.

11 Jul 2023 1PM 5 min

Factory activity jumps in Maya

Manufacturing activity has increased in May. Output jumped by 2.5%, mainly due to an uptick in production from manufacturers of motor vehicle, parts and other transport equipment as well as basic iron and steel. Business Day TV unpacked the print with RMB economist, Siobhan Redford

11 Jul 2023 12PM 6 min

Inflation trends in sub-Saharan Africa

Global inflation is starting to show signs of easing. Many African countries in the meantime still have some of the highest inflation rates in the world. Business Day TV explored inflation trends in sub-Saharan Africa with Ridle Markus, SSA macroeconomist at Absa CIB.

11 Jul 2023 8AM 8 min

High Court orders SAPO's Business Rescue

The Post Office has been placed under business rescue despite provisional liquidators for the entity pointing out that it may not be the best option to save the group. A High Court Judge also highlighted that liquidating the SOE may have far reaching consequences for the entire economy. Business Day…

11 Jul 2023 8AM 7 min

Postbank stands to lose R3.5bn as post office pleads for business rescue

The Post Office has entered business rescue, resulting in substantial financial losses of around R4bn and the potential loss of 7,000 jobs within its subsidiary, Postbank. Adding to the bleak situation, the group's deposits, totalling just over R8bn, lacks legal protection. Moreover, doubts persist regarding Postbank's eligibility as a fully-fledged…

11 Jul 2023 8AM 8 min

SAB intensifies localisation efforts

South African Breweries has intensified its localisation push, saying it believes that investing and forming partnerships with SMMEs is critical to SA's economy. Business Day TV spoke to SAB's CEO Richard Rivett-Carnac about some of the group's initiatives.

10 Jul 2023 1PM 7 min

Using free trade to solve Africa's energy crisis

Africa is experiencing an energy crisis and with the Africa Free Trade Agreement eliminating tariffs on most goods, Mervyn Naidoo, CEO of electric equipment supplier ACTOM and Chair of the Manufacturing Circle says we can solve the energy woes using free trade. Business Day TV spoke to him for more…

10 Jul 2023 8AM 9 min

Rethinking transportation in SA

Minibus taxis remain the main mode of transport in South Africa. The railway network in the meantime is on the brink of collapse while the country eyes new high-speed trains. In the meantime, the 41st annual South African Transport Conference is underway looking at rethinking transportation locally. Business Day TV…

10 Jul 2023 8AM 6 min

'Mashatile's security highlights the culture of impunity within SA'

According to the Financial Mail, the use of blue lights on vehicles by politicians and VIPs has come to symbolize the abuse of power and disregard for the law in South Africa, and this is echoed by a video showing members of Deputy President Paul Mashatile's security team brutally assaulting…

7 Jul 2023 9AM 10 min

TikTok shakes up SA social media 'big five'

South Africa's social media platforms have been shaken up by Tiktok. The short-form video hosting service has a penetration at 57% and is growing in popularity. Business Day TV spoke to Arthur Goldstuck, MD of WorldWideWorx for greater perspective on what this means for businesses and advertising moving forward.

7 Jul 2023 8AM 8 min

SA's cinema market post-Covid

Attendance at Ster-Kinekor is below 50% post the Covid-19 pandemic, as streaming options and online subscription video on demand services became popular during lockdowns. Business Day TV spoke to Mark Sardi, Group CEO of Ster-Kinekor for more insight around South Africa's cinema market.

7 Jul 2023 8AM 11 min

Inflation expectations rise

The cost of living in South Africa is expected to pick up. The Bureau for Economic Research has released its inflation expectations survey, which shows that analysts, business people and trade unions believe that inflation will tick up to 6.5% in 2023. Business Day TV spoke Hugo Pienaar, Chief Economist…

6 Jul 2023 2PM 9 min

BlackRock expects market volatility to persist in 2023

BlackRock has released its mid-year markets outlook. The global asset manager has stuck to its guns, remaining cautious when it comes to navigating global markets, as risks such as tight monetary policy and slowing growth persist. Business Day TV spoke to BlackRock's Global Chief Investment Strategist, Wei Li for more…

6 Jul 2023 1PM 8 min

Crypto chat - Crypto market soars in the first 6-months of 2023

The cryptocurrency market has had an upbeat 2023, with the total market capitalization increasing by more than 50% in the first half. Business Day Tv discussed the factors boosting growth in that market with the SA Country Manager at Luno, Christo de Wit.

6 Jul 2023 1PM 6 min

The Big Idea - AI adoption

We explore the advancing impact of AI on sectors and economies, adoption challenges, private-public sector balance, and workforce skills with a focus on Southern Africa and the global economy at large, we discuss motivations, competitiveness restrictions and regulations. Business Day TV spoke with International AI thought leader, Johan Steyn and…

6 Jul 2023 11AM 18 min

Assessing Tinubu's first month in office

Nigerian President Bola Tinubu has been in office for just over a month. During this time significant economic and policy shifts have been executed such as the scrapping of petrol subsidies and firing Godwin Emefiele as Central Bank Governor. Business Day TV assessed Tinubu's first month in office with Pieter…

6 Jul 2023 11AM 7 min

High court dismisses Zuma's attempt to privately prosecute Ramaphosa

Former President Jacob Zuma's attempt to privately prosecute President Cyril Ramaphosa has been deemed "unlawful and unconstitutional" by the high court. Zuma accused Ramaphosa of being involved in the alleged leaking of confidential medical information. However, the court has dismissed this bid. To provide more insight, Business Day TV spoke…

6 Jul 2023 10AM 8 min