Business News Leaders

Listen! Investment trends and opportunities in Africa’s energy market

The Paris Agreement targets net-zero emissions by 2050. In order for Africa to meet this target, investment into the energy sector must double to $200bn per year by 2030. With Africa Energy Week underway, Business Day TV spoke to Verner Ayukegba, Senior VP of the African Energy Chamber for more…

16 Oct 2023 9AM 9 min

Listen! Springboks advance to RWC semi-finals

In a Sunday evening blockbuster, South Africa beat the French national team by 29 to 28 in a nail-biting and heart-stopping battle that had supporters on the edge of their seats. To unpack the action, Business Day TV spoke to Sunday Times rugby columnist, Mark Keohane.

16 Oct 2023 9AM 7 min

Listen! Calgro M3 boasts near 37% jump in H1 HEPS

Affordable housing and memorial parks developer Calgro M3 has described its half-year performance as robust. The group has delivered a 13.5% in revenue thanks to improved selling prices in a constrained environment. But despite the improvement, no dividend has been declared. Business Day TV unpacked the performance in greater detail…

16 Oct 2023 9AM 7 min

Listen! Africa’s Just Energy Transition Journey

The Paris Agreement targets net-zero emissions by 2050 and in the rush to get there, questions about what a just energy transition looks like for Africa have come to the fore. This as the continent is only responsible for 4% of global carbon emissions. Jenny Botes, Africa Energy and Chemicals…

13 Oct 2023 8AM 7 min

Listen! Lipstick effect: SA’s beauty industry

The lipstick effect suggests that when consumers face tough economic times, they are likely to switch from buying expensive luxury items to buying expensive cosmetics instead. This phenomenon is expected to boost South Africa’s personal care and beauty industry. Business Day TV spoke to Serge Sacre, CEO of L'Oréal South…

13 Oct 2023 8AM 8 min

Listen! Why Mpho Makwana really quit as Eskom chair

Eskom's board chair, Mpho Makwana has resigned, raising concerns about the company's stability and the board's strained relationship with public enterprises minister, Pravin Gordhan. Business Day TV unpacked this critical matter with Financial Mail's Natasha Marrian.

13 Oct 2023 8AM 8 min

Listen! Bitcoin's investment potential amid times of uncertainty

Cryptocurrencies have been hit hard, with conflict in the Middle East weighing on investor sentiment. Bitcoin dropped for five consecutive days, before recovering back above the $27,000 mark. Business Day TV spoke to Christo de Wit from Luno about whether Bitcoin remains attractive to investors during times of uncertainty.

12 Oct 2023 11AM 6 min

Listen! The Big Idea - Are SA's procurement systems broken?

Public procurement is under scrutiny in South Africa. This according to a recent report by Corruption Watch and Professor Geo Quinot of Stellenbosch University, which highlights trends in deviations and contract expansions in the 2022/23 financial year. The report reveals a substantial increase in reported deviations, raising concerns about potential…

12 Oct 2023 9AM 17 min

Listen! IMF’s world economic outlook: Implications for Africa

The IMF maintains that the global economy is likely to grow at 3% this year and foresees a ‘soft landing’ for the U.S amid this climate. Business Day TV spoke to Jee-A Van Der Linde, Senior Economist at Oxford Economics Africa for his assessment of what this scenario means for…

12 Oct 2023 9AM 6 min

Listen! Karoooo posts 9% rise in H1 profit

Cartrack owner , Karooooo has reported a 9% rise in interim profit and that's as Cartrack subscribers rose 15%, which helped boost revenue by 23%. Karooooo has kept its annual guidance unchanged for Cartrack at between 1.9 and 2.1 million subscribers. This will generate subscription revenue of around of nearly…

12 Oct 2023 8AM 8 min

Listen! SA Breweries' $106bn takeover's costly lessons

Now, the 2016 acquisition of SA Breweries by Anheuser-Busch - a colossal $106 billion deal, remains a stark warning about the dangers of massive takeovers. While it initially looked like a great move for SAB shareholders, it turned out to be a major problem for AB InBev. Business Day TV…

12 Oct 2023 8AM 10 min

Listen! Geopolitical factors influence rand performance

The rand has been reacting to various geopolitical factors, including the Middle East war, which has seen the local unit weaken significantly. Business Day TV discussed the rand's performance and the outlook for the mid-term budget with RMB Trader, Quintin Claassen.

11 Oct 2023 1PM 5 min

Listen! PSG Financial Services weathers challenging trading conditions

PSG Financial Services has delivered double-digit profit growth. The firm has reported a 21% increase in recurring headline earnings per share, mainly due to upbeat growth from all its divisions. Business Day TV unpacked the half-year numbers with the company's CFO, Mike Smith.

11 Oct 2023 12PM 7 min

Listen! Eskom and municipalities' income feeling the pinch as business and home solar rise 350%

Eskom and municipalities are experiencing severe financial strain. The rapid expansion of rooftop solar installations, in particular, is proving to be environmentally friendly, but also presents a significant challenge to municipal finances. Energy Writer for Business Day, Denene Erasmus spoke with Business Day TV, discussing this dynamic shift and its…

11 Oct 2023 8AM 9 min

Listen! The pillars of SA's economy

South Africa's economy continues to face multiple domestic and global headwinds and the mining, finance and trade sectors have been a few of the pillars which have aided a fight against these headwinds. Business Day TV spoke to Dawie Roodt, Chief Economist for Efficient group.

10 Oct 2023 2PM 17 min

Listen! The growth of centi-millionaires across the globe

The number of centi-millionaires more than doubled in the last decade, and is currently sitting at over 28 thousand. Business Day TV caught up with Head of Research at New World Wealth, Andrew Amoils to discuss the share of wealth in the world amid downbeat economic growth

10 Oct 2023 1PM 6 min

Listen! Securing global energy demand with Africa's resources

As we journey towards net-zero emissions by 2050, energy crises around the world are on the rise, pointing to the inevitable need for hydrocarbons as we transition. Africa is rich in hydrocarbons, so how can the continent secure global energy demand with its resources? To find out, Business Day TV…

10 Oct 2023 10AM 9 min

Listen! Equites reports lower dividend

Equites has reported a 20% fall in half-year distribution but the firm says it will meet its full-year distribution guidance of 130c to 140c per share. Business Day TV spoke to the company's CEO Andrea Taverna-Turisan for more detail.

10 Oct 2023 10AM 10 min

Listen! A closer look at the 'irregular' R5bn UIF deal

In a late-night scramble last December, senior officials from the labour department and the Unemployment Insurance Fund (UIF) worked tirelessly to finalize an "irregular" deal worth R5bn. The deal, aimed at channelling UIF funds into an untested job-creation initiative, was exposed by a Sunday Times report. Shockingly, only three officials…

10 Oct 2023 8AM 9 min

Listen! Middle East tensions spook investors

Conflict in the Middle East is weighing on investor sentiment. The geopolitical issues have boosted government bonds and oil, while equity markets were left battered. Business Day TV discussed the risks and opportunities of investing in this environment with Jameel Ahmad, Chief Analyst at GTC.

9 Oct 2023 12PM 9 min