Business News Leaders

Finance Minister Enoch Godongwana has outlined a stringent approach to state-owned enterprises in the latest Medium-Term Policy Budget Speech. He has tightened conditions for Eskom's debt relief and insists that a Transnet bailout depends on the government's new logistics sector roadmap. Business Day TV spoke to Hilary Joffe, Editor at Large for Business Day for more insight.

Bill Blackie, Chief Executive of Business & Commerical Banking at Standard Bank joined Business Day TV with a business and commercial banking overview of the 20th US-SSA Africa Growth and Opportunity Act forum.

Finance Minister Enoch Godongwana has delivered the medium-term budget policy statement and outlined a strategy that aims to narrow the budget deficit, stabilise debt and ensure fiscal sustainability. Business Day TV unpacked the business community's reaction to the MTBPS with Business Leadership South Africa's CEO, Busi Mavuso.

The airline industry has seen a steady recovery from Covid-19. According to data from the international Air Transport Association, total traffic reached over 90% of pre-pandemic levels this year as demand for air travel picked up. Business Day TV spoke to Marjan Rintel, the CEO of KLM Royal Dutch Airlines, for more insight.

Finance Minister Enoch Godongwana has presented the 2023 medium-term budget policy statement and has maintained Treasury's prudent stance of fiscal consolidation in the face of a revenue shortfall of R57 billion this year. Business Day TV unpacked the MTBPS with Sars Commissioner, Edward Kieswetter.

The Constitutional Court has delivered a verdict on South Africa's immigration law management, calling for swift protection of suspected illegal immigrants' rights and scrutinizing the Department of Home Affairs. The court says government must enact new immigration laws within a year, with high-ranking officials facing financial repercussions for their "deplorable lethargy." Business Day TV discus...

The Absa PMI has fallen deeper into contraction territory in October coming in at 45.4 index points from an upwardly revised 46.21 previously. The biggest drag on the reading came from the business activity index as weak demand persists. Business Day TV spoke to Andiswa Nondudule, Economist at Absa for her analysis of the print.

Octodec has reported a 2.2% drop in annual distributable income per share as the owner of properties in Johannesburg and Tshwane feels the pinch of elevated interest rates, inflation and greater energy and fuel costs. Despite this, the group has hiked its annual dividend by nearly 4%. Business Day TV unpacked the performance in greatrer detail with company's FD, Anabel Vieira.

Eskom has slipped deeper into the red. The power utility's annual loss has doubled to R24 billion, as energy sales declined 5% and costs relating to diesel to run open-cycle gas turbines jumped 50%. Business Day TV discussed the performance with Eskom's acting CEO, Calib Casim.

Finance minister Enoch Godongwana will present the 2023 medium-term budget policy statement in parliament tomorrow against a backdrop of low economic growth and high government debt. Business Day TV previewed the MTBPS with Siobhan Redford from RMB.

South Africa has long been punted as the gateway to Africa. Business Day TV explored this in detail with Frost & Sullivan consultant, Yaa Ngonyama and looked specifically at how the country's inclusion in the BRICS grouping as well as the advent of the African Continental Free Trade Act (AfCFTA) can help support this position.

Grindrod Bank is facing a R100m lawsuit over its alleged failure to report fraud. Business Day TV spoke to Business Day's companies and markets editor, Kabelo Khumalo for more insight into the intricacies of the story.

African leaders, US representatives, and the private sector will be gathering at Nasrec in Johannesburg on November 2 to attend The AGOA Business Forum. This forum will explore ways for Sub-Saharan African countries to build industrial capacity and regional value chains to take advantage of the African Growth and Opportunity Act (AGOA) – a trade programme initiated by the United States to foster g...

Adcorp has weathered tough trading conditions. The workforce firm delivered a 10.2% rise in revenue and a 34% jump in headline earnings per share from continuing operations. The performance allowed it to hike its dividend by 31.9% to 16.1 cents. Business Day TV caught up with company's CEO, John Wentzel for a look at the half year that was.

South Africa will be looking to get more from its trade ties with the US, as the nation prepares to host the African Growth and Opportunity Act Forum. Business Day TV spoke to Stanlib's Chief Economist, Kevin Lings about how South Africa can capitalise on the AGOA Forum.

With their sights set on victory, the Springboks' relentless determination earned them a historic fourth championship, overcoming tough odds. In an intense final, they secured a 12-11 win against arch-rivals New Zealand, proving their indomitable spirit. Mark Keohane, the Sunday Times' rugby columnist, joined Business Day TV to discuss this remarkable achievement.

Cash-strapped South Africans have been advised to keep their spending in check amid the Rugby World Cup cheer. The advice seeks to ensure healthy spending habits amid a tough economic environment. Business Day TV discussed this with Consumer Financial Education Specialist at Momentum Metropolitan, Claire Klassen.

South Africa faces a financial conundrum, with a R459 billion reserve in the central bank. Deciding how to utilize this significant resource amid fiscal challenges and rising borrowing costs has become complex. Business Day TV spoke with Peter Bruce from Financial Mail who discussed the need to address South Africa's foundational economic issues for a lasting solution.

Africa has 54 diverse countries but there are similar retail sector trends that have emerged across borders. Business Day TV spoke to Marc Du Toit, Head of Retail at Knight Frank Uganda for more insights on those trends and how it’s shaping the future of the industry on the continent.

South African retailers are expected to ring up nearly R27bn in additional turnover this Black Friday. General dealers and clothing retailers will bag most of the gains, according to the Bureau of Market Research. Business Day TV spoke to Gerhard Le Roux, Head of Capital Growth at Capital Connect for more insight into the consumer retail market ahead of the big spending period.

Afrimat's diversification strategy is paying off. During the interim period the building materials and construction company delivered a near 10% jump in revenue and a 4.4% rise in headlines earrings per share. Business Day TV unpacked the numbers with company's CEO, Andries van Heerden.

The Middle East war has weighed on demand dynamics in the oil market, and consensus among experts is that global oil, gas and coal demand should peak by 2030. Business Day TV spoke to RMB's Commodities Trader Raymond Philips for more insight.

The crypto market rally is picking up pace, with Bitcoin surpassing the $30,000 mark. The positive momentum comes as investors digest upbeat developments on the Bitcoin ETF. Business Day TV discussed this with the South Africa Country Manager at Luno, Christo de Wit

Clicks has posted higher year-end profit. The retailer has reported an 11.5% rise in adjusted diluted headline earnings per share, despite a tough trading environment. Business Day TV spoke to Group CEO Bettina Engelbrecht for more detail on Clicks’ annual performance.

Illegal mining in South Africa has grown from a localized problem to a nationwide criminal syndicate, affecting the economy. Mining companies often downplay its extent. This issue prompts questions about governance, mining protocols and prevention measures. Business Day TV unpacked this complex issue with mining analyst, David Van Wyk and Tebello Chabana who is the Senior Executive for Public Affa...