Business News Leaders

Netcare reports a healthy set of interim results

Netcare has recorded double-digit profit growth. The private hospital group delivered a 40% jump in headline earnings per share, mainly due to a recovery in paid patient days. Business Day Tv caught up with the company's CEO Richard Friedland for further insight on the six months that was.

22 May 2023 12PM 7 min

Balwin posts 20% increase in profit

Balwin Properties has posted a 20% increase in annual profit, and strong demand in the Western Cape as semigration continues. Business Day TV spoke to CEO Steve Brookes, for further insight on Balwin's performance.

22 May 2023 12PM 6 min

Trade of the Week

Founder of Herenya Capital, Petri Redingluys chats to Business Day TV about what the charts are telling him about Sibanye-Stillwater, Anglo American Platinum and Investec.

22 May 2023 9AM 22 min

Africa's hotel and hospitality industry set to boom .

According to the 2023 Hotel and Hospitality Industry Confidence Index, the sector is set to boom this year as travel normalises post the pandemic. Business Day TV delved into the details with Laura Vercueil from the Johannesburg Tourism Convention Bureau

22 May 2023 8AM 5 min

Digging into Barlworld's half-year results

At the half-year mark, equipment southern Africa is Barloworld's star performer. The unit has delivered a more than 38% increase in revenue and is largely responsible for driving the groups near 13% rise in interim revenue from continuing operations. Business Day TV unpacked the results in more detail with the…

22 May 2023 8AM 8 min

What happens to Eskom now?

The terms of National Treasury's debt relief programme for Eskom came with strict terms for the state-owned utility and other stakeholders. Business Day TV spoke to Editor-at-large & Columnist for Business Day & Financial Mail Peter Bruce to find out if those conditions are being met.

22 May 2023 8AM 9 min

Investing in Africa’s water and sanitation sector

Africa's set to miss its 2030 target of universal access to safe, affordable drinking water and equitable sanitation, due to an annual investment deficit of nearly $50 billion. Business Day TV spoke to Yaa Ngonyama, Consultant at Frost & Sullivan for more detail.

19 May 2023 9AM 7 min

State of global economy, rising prices in focus at G7 Summit

Leaders of the world's most advanced democracies are meeting in Hiroshima for the 49th G7 Summit. Concerns about the state of the global economy, rising prices and the debt limit crisis in the U.S are expected to feature on this year's agenda. Business Day's Editor-at-Large, Hilary Joffe, joined Business Day…

19 May 2023 9AM 11 min

Dis-Chem boasts double-digit rise in annual earnings.

Retail pharmacy group Dis-Chem has posted a 7% increase in annual revenue and a 17.4% jump in headline earnings per share, despite a tough operating environment. Business Day TV unpacked the results with the company’s CFO, Rui Morais.

19 May 2023 9AM 11 min

Afrimat's annual earnings decline

Afrimat's bottom line has taken a knock. During the full year period the building materials and mining group reported a 15.7% decline in headline earnings per share. This was mainly due to lower iron ore prices, higher input costs and tough economic environment. Business Day TV unpacked the numbers with…

18 May 2023 1PM 7 min

Investec posts profit bump

Investec has delivered double-digit earnings growth, reporting a 25.5% jump in headline earnings per share, while revenue rose 14.6%. This comes as the asset manager and banking group benefited from higher interest rates. Business Day TV discussed the company's numbers with Investec's Group Finance Director, Nishlan Samujh.

18 May 2023 12PM 7 min

Namibia's green energy ambitions

Namibia is pinning its economic hopes on its green hydrogen sector. By 2040 the country expects its energy mix to be dominated by green energy, which has the potential to expand its gross domestic product by more than 30% by 2030. Business Day TV assessed Namibia's green energy ambitions in…

18 May 2023 10AM 7 min

Russian arms torpedo the rand

The South African rand recently hit a record low after the US Ambassador to SA accused the country of supplying Russia with arms during Russia's conflict with Ukraine. Financial Mail's Deputy Editor & Columnist, Natasha Marrian joins Business Day TV to unpack these allegations and to explore South Africa's capacity…

18 May 2023 10AM 11 min

Biggest threats faced by SA's agricultural sector

South Africa's fourth quarter GDP contraction of 1.3% was in part driven by losses in the agricultural sector. This as the industry feels the pinch of inflation, climate change, load-shedding and geopolitical tensions. Business Day TV spoke to Paul Makube, Senior Agricultural Economist for more insight about the threats facing…

18 May 2023 10AM 9 min

Retail sales decline in March

The retail industry has ended the first quarter on a sour note, with sales dipping in January, February and March. The latest print shows a 1.6% fall in March on an annual basis as consumers contend with rising prices and elevated interest rates. Business Day Tv unpacked the numbers with…

17 May 2023 1PM 5 min

SA-US relations under the spotlight

Ties between South Africa and the US have been under scrutiny, following the 'Lady R' scandal where the US accused South Africa of supplying Russia with arms, amid the ongoing Ukraine war. Business Day Tv caught up with John Stremlau from the International Relations Department at Wits University for a…

17 May 2023 1PM 8 min

Kenya's inflation slows to 7.2% Y/Y in April

Kenya's inflation is easing. CPI slowed to 7.2% year-on-year in April from 9.2% in March. The downward trajectory however is threatened by adverse weather conditions. Business Day TV unpacked the print with Daniel Kavishe, Africa Economist at RMB.

17 May 2023 9AM 9 min

'Despite everything, SA remains well positioned to untap its potential'

As we approach 2030, different experts are projecting certain scenarios for the South African economy. Allianz is among the most positive with the group's Chief Economist, Ludovic Subran suggesting that the country remains well positioned to untap its potential via 'ubuntu'. Business Day TV spoke to him for more detail.

17 May 2023 9AM 9 min

SA's unemployment rate ticks up

South Africa's jobless rate edged higher in the first quarter and increased by 0.2 of a percentage point to 32.9%. The number of unemployed people increased by 179,000 during the period amid an energy crisis that is crippling the economy. Business Day TV unpacked the print with PwC South Africa's…

16 May 2023 1PM 9 min

Unpacking SA's unemployment stats

Statistics South Africa has released the Quarterly Labour Force Survey for the first quarter of this year. The jobless rate edged higher to 32.9% from 32.7% previously due to economic constraints and low business confidence resulting from the power crisis. Business Day TV unpacked the findings with Times-Live Multi-media journalist,…

16 May 2023 9AM 6 min