Business News Leaders

Listen! Betting on SA's grand hotel recovery

Amidst the aftermath of the pandemic, South Africa's tourism sector is experiencing a revival. Club Med plans to build its first South African resort in KwaZulu-Natal. The move is being taken as a signal for renewed investor interest in local travel and tourism. The decision also comes despite challenges like…

24 Aug 2023 8AM 7 min

Listen! Unpacking SA's relationship with China

With the BRICS summit underway, the spotlight has been put on relations between China and South Africa. Business Day TV reporter, Ntaoleng Lechela unpacked this in more detail in this report.

24 Aug 2023 7AM 2 min

Listen! BRICS day 2 programme kicks off at SA's JSE

Day 2 of the 15th BRICS Summit kicked off at the JSE, with a focus on the role of capital markets in driving sustainable economic growth. Business Day TV reporter Ntaoleng Lechela, spoke to Gauteng MEC for Economic Development, Tasneem Motara on the sidelines of the Summit.

23 Aug 2023 1PM 7 min

Listen! Sasol lowers dividend after R37bn asset writedown

Sasol has posted a 65% slide in earnings before interest and tax and has lowered its final dividend by 32%. The energy and chemicals business had to shoulder asset writedowns during its annual period, and had to contend with a softer brent crude oil price. Business Day TV unpacked the…

23 Aug 2023 1PM 8 min

Listen! DRDGold's annual results shine despite less output

Tailings retreatment group, DRDGold has produced a 13% rise in headline earnings per share thanks to a higher gold price which helped offset a fall in output and sales. Business Day TV dug into the performance with the company's CEO, Niel Pretorius.

23 Aug 2023 10AM 7 min

Listen! 15th BRICS Summit is underway

With the 15th BRICS Summit underway, Business Day TV reporter, Ntaoleng Lechela provides an update on the ongoing events at the conference.

23 Aug 2023 10AM 2 min

Listen! BRICS 15th Summit in focus

We look closely at the ongoing 15th BRICS Summit and its role in driving global progress for member nations and emerging markets with Editor at Large for Business Day, Hilary Joffe. She spoke to Business Day TV about the potential for new BRICS members, trade and investment prospects, the de-dollarization…

23 Aug 2023 9AM 6 min

Listen! Spur posts profit bump

Spur has posted an 80% jump in annual earnings per share. The restaurant group says growth was supported by its resilient business model. Business Day TV discussed the performance with CEO Val Nichas.

22 Aug 2023 12PM 8 min

Listen! Assessing Nigeria's price pressures

Nigeria's inflation sat at an 18-year high of 24.1% in July, largely driven by food and transport increases. Citizens have taken to the streets in protest against the cost-of-living crisis which has been exacerbated by the removal of the fuel subsidy. Business Day assessed Nigeria's price pressures in greater detail…

22 Aug 2023 8AM 7 min

Listen! BRICS: State of SA's manufacturing sector

Hot on the heels of the 15th BRICS Summit President Ramaphosa announced that South Africa's load-shedding woes will end next year. The BRICS Bank in the meantime has committed to assist South Africa with its energy crisis. Mamiki Matlawa, Business Development Executive of ACTOM, a supplier of electrical equipment, is…

22 Aug 2023 8AM 7 min

Listen! BLSA Slams electricity bill delay as 'appalling'

Business Leadership South Africa (BLSA) has slammed the delay of the Electricity Regulation Amendment Bill. BLSA says the bill, which is facing administrative hurdles after gaining cabinet approval in March, is central to the joint efforts of business and government to solve the electricity crisis. Business Day TV spoke with…

22 Aug 2023 8AM 6 min

Listen! Thungela Resources cuts interim dividend as profits fall

Downbeat coal prices and rail issues have hit Thungela Resources. During the interim period the miner reported a 67% plunge in headline earnings per share, this resulted in an 83% decline in its dividend. Business Day TV unpacked the company's half-year performance report with CEO, July Ndlovu.

21 Aug 2023 12PM 6 min

Listen! Curro's profit grows as enrolments rise

New learner enrollments have boosted Curro's profits. The private schooling group has posted a 3% rise in learner numbers and a 36% jump in recurring headline earnings per share. Despite the performance, Curro's board has decided to withhold half-year dividends. Business Day TV spoke to Curro's CEO Cobus Loubser, for…

21 Aug 2023 12PM 8 min

Trade of The Week - Barloworld, Mondi, Mondi, Anglo American, Bidcorp and Investec.

In Trade of The Week, Unam Capital's Loyiso Mpeta Loyiso Mpeta provides quantechmental analysis on Barloworld, Mondi, Mondi, Anglo American, Bidcorp and Investec.

21 Aug 2023 8AM 18 min

Growing Africa's tech startups

With over 800 million mobile subscribers, Africa's ground is rich for establishing startups in the tech sector but the continent's startup ecosystem is still in its early stages. Founders Factory Africa has secured $113 million to help accelerate tech startup growth on the continent. Business Day TV spoke to Bongani…

21 Aug 2023 8AM 9 min

2023 BRICS Summit outlook

The BRICS summit will take place in Johannesburg on 22 August, under the theme 'BRICS & Africa'. Governments and leaders of 40 nations will be in attendance, discussing amongst others, equitable development, education transformation and African trade empowerment. Business Day TV's reporter, Ntaoleng Lechela discussed the outlook and development agenda…

21 Aug 2023 8AM 6 min

Multiparty power-sharing pact for 2024 elections

Seven political parties have joined forces to form the Multiparty Charter of South Africa. The coalition is aimed at toppling the ANC in the 2024 national election. Business Day TV spoke to Political Analyst, Ongama Mtimka for his assessment of the body and its chances of success in the election.

21 Aug 2023 8AM 7 min

Cell C - SA's 4th largest mobile operator in focus

Cell C, the fourth-largest mobile operator in SA, is still battling a number of serious difficulties. Those being complex debt restructuring challenges, subpar performance, and a high CEO turnover rate. Business Day TV spoke with Business Day's Technology Corresponded, Mudiwa Gavaza who unpacked Cell C's challenges

18 Aug 2023 9AM 10 min

Crypto Chat - Assessing the crypto currency market

America's regulatory crackdown on the crypto currency market has caused Bitcoin to drop to a two-month low. Business Day TV spoke to Christo de Wit from Luno for an in-depth assessment of the crypto currency market.

18 Aug 2023 8AM 7 min

Listen! Exxaro Resources posts 32% drop in interim profit

Lower thermal coal prices, logistics challenges and lower Eskom offtake weighed on Exxaro's interim performance. The miner's posted a 15% drop in revenue and that contributed to a 32% profit plunge. Business Day TV spoke to Group CEO, Nombasa Tsengwa for more insight on Exxaro's results.

17 Aug 2023 12PM 9 min