The SA economy, including the financial markets, will withstand volatility coming out of the ANC's internal political contestation, finance minister Enoch Godongwana said on Saturday.
Speaking at a business briefing alongside the ANC national elective conference in Johannesburg, Godongwana said the leadership contest would not result in policy shocks, whoever won.
Chaos erupted at the ANCs 55th Elective Conference as delegates jeered and called for change. There was a long delay in the programme due to logistical problems with the accrediting delegates.
In this edition of Business Day “from the floor” part 2 - Mary Papayya speaks to political editor Harja Omarjee. Find out what went on. Why are delegates from certain provinces unhappy. What can we expect in the next 24 hours. How close is the race between presidential - current incumbent President Cyril Ramaphosa and his opponent former Health Minister Zweli Mkhize who also has his eye on the top spot.
Bonus pay, whether or not employers are compelled to hand over a thirteenth cheque to staff, is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Fiona Leppan, director in employment law at legal firm Cliffe Dekker Hofmeyr (CDH).
Topics of discussion include: How is the payment of bonuses treated under South African law? Under which conditions would employers be legally obligated to pay an employee a bonus?
Naspers’ growth strategy is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Basil Sgourdos, group CFO of Naspers and Prosus.
Topics of discussion include: Naspers’s plan reach e-commerce profitability; the downturn in technology valuations; capital allocation; how the group is evaluating investment opportunities; and an outlook for the business.
The role of skilled individuals in pushing business outcomes is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Greg Reis, founder of BSG.
Topics of discussion include: BSG’s founding and business model; attracting and retaining the best talent; investments in education; the firm’s specialisation in financial services and healthcare; and an outlook for the business.
A look back at this year’s Black Friday through the lens of Absa’s transaction data is the focus in this edition of the Business Day Spotlight.
Topics of discussion include: Black Friday transaction data from Absa; trends from the retail event; the growth of e-commerce in SA; recovery of consumer spending; efforts to increase digital payments in the country; and an outlook for the year ahead.
The evolution of SA’s largest e-commerce operator is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Mamongae Mahlare, Takealot’s group CEO.
Topics of discussion include: Takealot’s business model; giving small business access to a large market of customers; growth of online retail in SA; what can be done to further increase adoption; and an outlook for e-commerce in 2023.
Last mile delivery for e-commerce in SA is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Antonio Bruni, CEO of technology and delivery company Picup Technologies.
Topics of discussion include: Picup’s business model; its acquisition by Karooooo; plans for scaling the business; what it takes to manage a large network of drivers; and the growth of e-commerce in SA.
E-commerce buying trends are the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Paul Behrmann, founder and CEO of Payflex.
Topics of discussion include: details around the latest interest decision; Black Friday predictions in e-commerce; the impact of the buy now pay later (BNPL) model on e-commerce; the growth of Payflex’s business; and an outlook for e-commerce in 2023.
32 min
About Business Day Spotlight
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Behind the biggest business stories of the week - taking you inside key events, the movements at the top and their effects at the bottom.
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