Business News Leaders

Senegal was pegged to be one of Africa’s fastest growing economies in 2023, boosted by hydrocarbon projects. Several of these have been postponed weighing on that growth potential. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day TV for a closer look at the hydrocarbon ventures that have been delayed and how it impacts Senegal’s growth.

Specialist residential property developer Balwin is having a tough time navigating a trading environment characterised by high interest rates and elevated inflation which has led to fewer properties being sold and a 25% fall in interim revenue. Business Day TV unpacked the performance in greater detail with the company’s CEO, Steve Brookes

The Public Investment Corporation, with R2.6 trillion in assets, is under the leadership of CEO Abel Sithole, who is working to transform the organization after governance issues. Business Day TV delves into whether the PIC has overcome political influence challenges as well as its role in the financial landscape with Financial Mail's Rob Rose.

Foreign appetite for South African residential properties has picked up, with the Western Cape seeing the most of that demand. Business Day TV discussed the trend being observed with Hayley Ivins Downes, Head of Digital at Lightstone Property.

South Africa's manufacturing sector has been on a downward trend for 16 years, according to Stats SA, with the industry shedding almost 309,000 jobs over the period. So, what can get the cogs turning again? To find out Business Day TV spoke to Philippa Rodseth from the Manufacturing Circle.

The Deputy Governor of the South African Reserve Bank, Kuben Naidoo, has resigned, creating an opportunity for President Cyril Ramaphosa to appoint new leadership at the Reserve Bank before the 2024 elections. The resignation, while not officially confirmed by the Bank and the presidency, may come into effect in November. Business Day spoke with Editor At Large for Business Day, Hilary Joffe on th...

The income that Eskom and municipalities earn from electricity sales has taken a knock amid a rapid uptake of alternative energy solutions. Eskom meanwhile is exploring feed-in tariffs to overcome the potential losses. Business Day TV spoke to Tshepo Kgadima, Independent Economic & Energy Analyst about the move to alternative power, and the impact it has on the utility and consumers.

Higher costs weighed on Famous Brands half-year performance. Headline earnings per share fell 7.4%, as input costs rose due to load-shedding and a poor potato harvest. Business Day TV spoke to CEO Darren Hele for more detail.

South Africa's Road Accident Fund has put forward a new draft proposal Bill which seeks to exclude foreign nationals from claiming from the fund. Business Day TV spoke to Vusumuzi Sibanda, President of the African Diaspora Global Network, who argues that foreigners pay indirect taxes and should therefore not be excluded from the compensation fund if injured on SA's roads.

The Supreme Court of Appeal has invalidated a compensation proposal of R92 million for claimants seeking land restitution. This setback occurs in the context of South Africa's ongoing land reform initiative, which strives to return land to historically dispossessed communities. Business Day TV delved deeper into this ruling with legal writer for Business Day, Tauriq Moosa.

Kumba Iron Ore's sales for the third quarter fell 12% year-on-year, as the miner battled equipment breakdowns at the Transnet managed Saldanha Port. Anglo American Platinum meanwhile meantime posted a 9% fall in production during the period as load-shedding weighed. Business Day TV unpacked the data in greater detail with Mining Analyst, Peter Major.

Taming inflation has proven to be tough, with consumer prices accelerating to 5.4% in September. This has raised concerns about a possible interest rate hike next month, as inflation sits at the upper end of the Sarb's target range. Business Day TV caught up with Investment Strategist at Old Mutual Wealth, Izak Odendaal to discuss South Africa's monetary policy.

South Africa is set to overtake Nigeri and Egypt as the continent's largest economy next year, according to the International Monetary Fund. But SA is likely to only hold onto this top spot for a year. For more detail, Business Day TV spoke to Razia Khan from Standard Chartered Bank.

In a gripping rugby showdown, England and South Africa clashed in a high-stakes match, with England initially leading but the Springboks making a late comeback. This nail-biting action saw penalties, tries and scrum power deciding the outcome; leaving England's fate hanging in the balance. To discuss all the action, Business Day TV spoke to Sunday Times' rugby columnist Mark Keohane.

Smuggled explosives and blasting experts imported by criminal syndicates have become key enablers of crime in South Africa. At least one armoured car heist and one cash machine bombing takes place in the country every day, while explosives are also used in illegal mining. These activities cost the economy tens of billions of rand a year. Business Day TV discussed this in more detail with Willem El...

During the second Green Hydrogen Summit, partnerships like Sasol, Amplats, and BMW collaborated on South Africa's first hydrogen vehicle, underlining green hydrogen's importance for decarbonization and Africa's potential leadership in its production. Business Day TV spoke to Patrick Prestele, a Consultant at Frost and Sullivan, spoke about Africa's green hydrogen opportunities.

South Africa's buy-now-pay-later sector boomed during the pandemic, and has a projected cumulative annual growth rate of 35% between 2022 and 2027. Business Day TV spoke to Happy Pay's CEO, Wesley Billett, about the industry's trends and its implications for the credit system.`

A2X, which began trading in October 2017, provides a secondary listing platform for companies. It has 170 listings, which includes firms like MTN, Absa, Naspers, Prosus, Business Day TV discussed the rise of the A2X stock exchange with CEO Kevin Brady.

It has been a tough year for equity markets globally and the JSE has felt the pressure as well, with the All Share falling 2.3% year to date. Business Day spoke to Anchor's Co-Chief investment officer, Nolan Wapenaar about where to invest in a volatile environment.

On this episode of the Big Idea, we take a look at the junior mining sector with mining analyst, Peter Major and Fred Arendse, the founder of the junior mining council.

Tunisia's president has sacked the country's economy minister after he stated that a deal with the International Monetary Fund would be vital for the country to obtain other foreign financing. President Kais Saied strongly opposes the terms of an IMF agreement, saying that the conditions will lead to protests. For more detail, Business Day TV spoke to Pieter du Preez, senior economist at Oxford Ec...

US Senator John Kennedy is pushing for an extension of the African Growth and Opportunity Act |(AGOA) until 2045 in an effort to counter China's growing influence in the region. Business Day TV spoke to Business Day journalist, Thando Maeko for more perspective on the move.

High interest rates continue to squeeze household finances, according to the Altron FinTech Household Resilience Index, and this could weigh on spendding over the upcoming festive period and on popular shopping days like Black Friday. Business Day TV discussed this in detail with independent analyst, Roelof Botha.

South African retail Sales declined by 0.5% year-on-year in August. This marks the ninth consecutive month of decline in retail activity. Business Day TV discussed the print with RMB Economist, Siobhan Redford.

Pick n Pay has slipped into the red. The retailer has reported a headline loss per share at 138 cents, mainly due to increased competition and costs associated with load shedding. Business Day TV unpacked the retailer's interim performance with CEO Sean Summers.