Business News Leaders

Exploring Zambia's energy market

Zambia has not had load-shedding in over a year. This is major progress given that there was a time that the Southern African nation experienced around 12-hours of daily power cuts. Based on this improvement, Business Day TV spoke to Vickson Ncube, Board Chair of the country's power utility, ZESCO…

4 Aug 2023 10AM 13 min

Watch: World Cup: Banyana Banyana & Proteas

South Africa's remarkable week unfolds with sporting triumphs - Banyana Banyana's groundbreaking win against Italy in the Soccer World Cup and an intense draw for Spar Proteas in Netball against New Zealand. Sunday Times Sports Reporter Mahlatse Mphahlele spoke to Business Day TV about the team's journey ahead.

4 Aug 2023 10AM 7 min

Tiger Brands expands footprint in informal sector

Tiger Brands is eyeing the spaza shop market. The company has launched its route-to-market strategy which is aimed at increasing the marketing and supply of its products in the lower end of the market. Business Day TV unpacked the strategy in greater detail with the Route to Market Manager at…

3 Aug 2023 12PM 8 min

Crypto chat - Bitcoin slips under the $30K mark

Bitcoin has kicked off August on a sour note, trading under the $30,000 mark after US lawmakers said that XRP is not a security. Business Day TV discussed the moves playing out in the crypto market with South Africa's country manager at Luno, Christo de Wit.

3 Aug 2023 12PM 5 min

Kenya - a year under Ruto's rule

President William Ruto has been in office for nearly a year. During his reign, the East African nation's macroeconomic conditions have experienced a shift and the three major ratings agencies have downgraded Kenya's credit outlook to negative. Business Day TV assessed Kenya's economic and political landscape under Ruto's rule with…

3 Aug 2023 9AM 8 min

What went wrong for Pick n Pay?

Pick n Pay is grappling with plummeting market share, strategy woes, and it is set to post its first half-year loss. Some investors and retailers believe that the company's situation is linked to the retail company neglecting customer experience as well as executive family-tie management decisions. Business Day TV spoke…

3 Aug 2023 9AM 8 min

Mpact raises dividend as interim profit leaps

Higher selling prices in Mpact's paper business, coupled with increased profitability in the plastics unit gave the packaging group's interim performance a boost. Mpact grew headline earnings per share by 33% and hiked its dividend by nearly 13%. Business Day TV unpacked the performance with the company's CEO Bruce Strong.

3 Aug 2023 9AM 7 min

The JSE's diversification strategy boosts earnings

The JSE's diversification strategy is bearing fruit. Africa's largest stock exchange delivered a 5% rise in half-year revenue and a 12% jump in headline earnings per share, as it benefitted from its focus on new business and growth in net finance income. Business Day TV unpacked the numbers with CEO…

2 Aug 2023 12PM 9 min

ETF market ends July on a strong note

The ETF market has recorded its largest monthly inflow of 2023. In July, inflows rose 9.5% to $58.6 billion, as that market benefitted from the equities rally. Business Day TV caught up with the Head of Client Solutions at 10X Investments, Chirs Rule for further insight.

2 Aug 2023 12PM 7 min

Small-scale canegrowers get R176 million boost

South Africa's black and small-scale sugarcane growers are set to benefit from the South African Sugar Association's R176 million lifeline. This comes amid the industry's struggles with the milling sector crisis and financial shocks. SA Canegrowers CEO, Thomas Funke, joins Business Day TV to unpack the funding in greater detail.

2 Aug 2023 12PM 6 min

Food security in Africa

According to the U.N, more countries are slipping into acute food insecurity. The Horn of Africa notably is one of the worst affected in this regard. Business Day TV spoke to Thabile Nkunjana, Agricultural Economist at the National Agricultural Marketing Council for an in-depth analysis of the state of food…

2 Aug 2023 8AM 9 min

New rules rattle online firms

After an extensive 25 month examination of websites and search engines,South Africa's Competition Commission has released a set of influential suggestions aimed at enhancing fairness and competitiveness within the realm of online retail. Business day Writer, Katherine Child spoke to Business Day TV, unpacking the new rules that are rattling…

2 Aug 2023 8AM 14 min

Business sounds alarm on unemployment levels

The National Development Plan eyes full employment and poverty eradication by 2030 but with South Africa projected to grow by an average annual rate of 0.75%, Business for South Africa says that the joblessness rate will jump to 38.1% by then. The concern has been raised with President Cyril Ramaphosa…

2 Aug 2023 8AM 7 min

CompCom orders e-commerce sites to assist smaller companies

The Competition Commission has enforced new rules for global e-commerce sites, to provide prominence to local businesses and aid the visibility of local app developers. Business Day TV spoke to James Hodge, Chair of the Online Intermediation Platforms Markets Inquiry, for more detail on the CompCom's Online Platforms Market Inquiry…

1 Aug 2023 1PM 9 min

Gold demand dwindles in the second quarter

Gold demand has slowed and slipped 2% in the second quarter, mainly due to slower gold purchases by central banks. Business Day TV discussed this in detail with the World Gold Council's Market Strategist, John Reade.

1 Aug 2023 1PM 6 min

Rand gains in July

The local unit has made gains in July, trading under R18 on the back of lower levels of load shedding and a weaker dollar for most of the month. Business Day TV unpacked the moves playing out in the currency markets with RMB Trader, Quintin Classen.

1 Aug 2023 1PM 5 min

Sharp fall in business activity weighs on Absa PMI

Absa's PMI slipped to 47.3 in July from 47.6 in June. According to the bank, while the decrease is marginal, it does mask substantial changes in some of the major subcomponents like the business activity index, which tanked by almost 11 points. Business Day TV unpacked the print in greater…

1 Aug 2023 10AM 7 min

Court dismisses bid to Interdict Eskom's new grid rules

The Johannesburg high court has dismissed G7 Renewable Energies' application to interdict Eskom from implementing the interim grid capacity allocation rules it published in June. Business Day TV spoke to Business Day's Energy writer Denene Erasmus, for more detail.

1 Aug 2023 9AM 7 min

Brent on track for biggest monthly gains

Oil is on track to end July on a good note. That's as prices are on course for the biggest monthly gains in over a year on the back of Chinese stimulus and expectations that OPEC will continue output cuts. Business Day T unpacked the moves playing out in the…

31 Jul 2023 11AM 9 min

Trade of the Week - JSE All Share Index, Capitec and Multichoice.

Petri Redelinghuys, Founder of Herenya Capital, provides technical analysis on the JSE All Share Index, Capitec and Multichoice.

31 Jul 2023 8AM 16 min