Business News Leaders

Climate finance in SA needs to increase by up to fivefold if the country is going to meet its globally committed climate targets by 2023, according to the SA Climate Finance Landscape report released by the presidential climate commission. To unpack if this is possible, Business Day TV spoke to Happy Khambule, Environment & Energy Manager at Busa.

Vukile Property Fund has described its half-year results as 'exceptional'. The commercial property group has posted a 5.2% rise in funds from operations and a 10% increase in its interim dividend, as it benefitted from a strong showing in both South Africa and Spain. Business Day TV discussed the performance with CEO Laurence Rapp.

The 28th session of the Conference of the Parties (COP28) is underway in Dubai. Business Day TV discussed COP28's prospects and challenges with Nigel Beck, Head of Sustainable Finance & ESG Advisory at RMB.

Following a second revision of its inflation measure, Zimbabwe’s CPI jumped by nearly 22% in November from almost 18% previously. This defying the downward trend experienced after previous revisions. Business Day TV unpacked the detail of this with Development Economist, Prosper Chitambara.

Opposition parties, including the DA, IFP, and ActionSA, have formed a coalition, backed by the Afrikanerbond, aiming to unseat the ANC in the 2024 elections. This multiparty charter is committed to addressing issues like crime and corruption, by excluding collaboration with the ANC and EFF. Business Day TV spoke with journalist Thando Maeko for greater perspective on the move.

With the festive season fast approaching, Business Day TV caught up with Tshifhiwa Tshivhengwa, CEO of the Tourism Business Council SA for his take on whether the sector can shrug off the effects of load-shedding and make the most of the upcoming holidays.

Delta Property Fund has been hit by a double whammy. During its half year, the group had to deal with elevated interest rates and increased vacancy rates and this weighed on its performance, as funds from operations fell 11.1%. Business Day TV spoke to the CEO of Delta Property Fund Bongi Masinga for more insight.

African economies are displaying increasing growth divergences. To unpack the detail of this, Business Day TV caught up with Ridle Markus, SSA Macroeconomist at Absa CIB.

A senior Volkswagen executive has commented that he is 'very worried' about the future of the company's operations in South Africa given persistent power cuts and logistics challenges. Business Day TV spoke to Financial Mail Editor-at-Large, David Furlonger for his take on the situation and whether he believes the current challenges in SA would be enough to prompt VW to exit the country.

Organised business has appealed to the National Council of Provinces (NCOP) to delay its vote on the National Health Insurance (NHI) Bill and send it back to parliament's select committee on health & social welfare so that MPs can relook it. The committee approved the bill last week without making any changes and Business Unity SA (Busa) and Business for SA (B4SA) believe this shows that the commi...

According to PwC’s Africa Energy Review 2023, the continent’s energy transition journey is faring well and is on track to meet the Paris Agreement targets. Business Day TV explored the findings of the review in greater detail with Pedro Omontuemhen, Africa Oil & Gas Leader at PwC.

The rand rigging scandal is back in the spotlight with reports citing that banks fingered in the ordeal bagged R1trn per day. The Financial Mail has however pointed out that the numbers do not add up and suggests that this is being politicized by the ruling party ahead of next year’s election. Business Day TV spoke to the publication's editor, Rob Rose for more detail.

The year's biggest shopping event, Black Friday, is taking place in a tough economic climate where consumers are having to count every rand as high interest rates and elevated inflation eat into disposable incomes. Business Day TV spoke to Tumelo Ramugond, Head of Credit Card at Standard Bank for greater perspective on consumer spending trends during this period.

The Monetary Policy Committee (MPC) has decided to keep the repo rate on hold at 8.25%. To unpack this decision, Business Day TV spoke to Koketso Mano, Senior Economist at FNB and Portfolio Manager for Fixed Income at Sanlam Investments, James Turp.

Investors have shied away from stocks that benefit from growing geopolitical conflicts. Trends have shown that investors have weighed markets wisdom against human morality in times of war; often investing in alignment with their human values. Business Day TV sits down with Jameel Ahmad, Chief Analyst for GTC Dubai to discuss investor sentiment during times of conflict.

Despite taking a R63m hit, related to costs associated with load shedding, KAL Group has managed to deliver upbeat earnings. During the full year period recurring headline earnings per share increased by 7.2%, boosted by a near 43% jump in revenue. Business Day TV unpacked the numbers with company CEO, Sean Walsh.

Business Day TV speaks to Tarris Arnold from Luno about the current trends playing out in the cryptocurrency market.

Nigerian President, Bola Tinubu's reform agenda is taking shape. The West African nation has passed its 2024-2026 medium-term expenditure framework tallying next year's budget and expected reform costs. As things stand, revenue of N17trn undershoots expected spend of N24trn for next year. Business Day TV spoke to Pieter Scribante, Senior Political Economist at Oxford Economics Africa for more deta...

Members of Parliament have voted for the removal of two judges in SA - John Hlophe and Nkola Motata. Hlophe was found guilty of misconduct for allegedly trying to influence the Constitutional Court in a matter involving former president Jacob Zuma. He continues to contest the findings in ongoing legal proceedings. Meanwhile, Motata, initially convicted of drunk driving in 2007 and later found guil...

Jason Quinn is no longer an executive employee at Absa. He leaves the position of Financial Director at the lender after 7 years in the position to step into Nedbank's offices as CEO at the end of May next year. He will replace current Nedbank CEO MIke Brown. Business Day TV spoke to Banking Analyst and Portfolio Manager at Denker Capital, Kokkie Kooyman for his assessment of the move.

Nvidia has beat analysts profit expectations, with third quarter earnings per share surging to $4.02. The performance comes as revenue more than tripled during the period, as the company continued to benefit from the artificial intelligence boom. Business Day TV unpacked the numbers with the Co-founder and CIO at Anbro Capital, Craig Antonie.

Sub-Saharan Africa has roughly 144 mobile money operators. This indicative of the relationship between technology and the continent's unbanked population. Business Day TV explored the relationship in greater detail with Sisonke Mgwebi, Consultant at Frost & Sullivan with specific focus on earned wage access.

The S&P Global has maintained South Africa's rating but has warned of risks, anticipating slower economic growth and an increase in public debt. Editor-At-Large for Business Day, Hilary Joffe joined Business Day TV for a detailed analysis of the ratings agency's outlook.

Food and fuel prices are responsible for yet another increase in the inflation rate. Inflation accelerated to a five-month high of 5.9% in October from 5.4% the previous month. Kevin Lings, Chief Economist at Stanlib joined Business Day TV to unpack the print in greater detail.

Business sentiment slipped in the fourth quarter. The RMB/BER confidence index dropped by two points to 31 in the fourth quarter, largely due to a sharp deterioration in sentiment among new vehicle dealers. Business Day TV spoke to RMB Economist Siobhan Redford for more insight.