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Interviews with top CEOs and leaders shaping today's news stories alongside all the latest news that is impacting the markets, business and investments around the world.An Arena Holdings production.... more
FAQs about Business News Leaders:How many episodes does Business News Leaders have?The podcast currently has 3,905 episodes available.
July 24, 2019AECI posts lower profits despite higher revenueChemicals and explosives group, AECI realesed its interim results on Wednesday, delivering a 14% rise in revenue. This was underpinned by contributions for the full period from the acquisitions finalised in 2018. However costly restructuring projects in its mining and water divisions have weighed on its earnings, resulting in a 20% fall in headline earnings per share. Business Day TV caught up with the company's CEO Mark Dytor to discuss its numbers in detail...more6minPlay
July 23, 2019Kumba reports earnings surge on higher iron ore pricesKumba Iron Ore has benefitted from favourable market conditions during the first half of the year - a 57% rise in iron ore prices and a weaker rand has seen the company's earnings more than triple during the period while the interim dividend has more than doubled. Business Day TV caught up with the company's CEO, Themba Mkhwanazi to talk about the numbers in greater detail and whether they're in a position to further capitalise on the current climate....more9minPlay
July 23, 2019Eskom to get extra R59bn from governmentFinance Minister Tito Mboweni has confirmed an additional R59 billion lifeline for ailing power utility Eskom and that's on top of the R69 billion announced in February's budget. The money will come from the National Revenue Fund and is meant to assist Eskom in meeting its financial obligations during the current and next financial year, a move which is likely to increase government borrowing. How do ratings agencies view this move? Fitch already has the country at junk status and the organisation's Yeshvir Sigh joined Business Day TV on the line with his views....more7minPlay
July 22, 2019Ramaphosa seeks judicial review of public protector's Bosasa reportPresident Ramaphosa has labelled the Public Protector's Bosasa report fundamentally flawed and has applied to have it placed under urgent court review. The report finds that the president intentionally misled parliament about a half a million rand donation to his election campaign from Bosasa, an organisation with links to State Capture. Lawson Naidoo from the Council for the Advancement of the South African Constitution spoke with Business Day TV and says he has reviewed the report and agrees that its riddled with inconsistencies and a misunderstanding of the law....more8minPlay
July 22, 2019Amplats report surge in first-half profit but warns Amcu now is not the time to 'get carried away'Anglo American Platinum has declared a chunky dividend of R11 per share. That's thanks to headline earnings more than doubling to 7.4 billion rand as the miner benefited from higher metals prices.But, Amplats has warned the Association of Mineworkers and Construction Union that it musn't get too excited by this turnaround. Amplats CEO Chris Griffith says the effective 45% increase that Amcu has tabled in recent weeks would be deeply damaging and could result in the loss of thousands of jobs. As such Amplats has indicated that it will counteroffer Amcu with an inflation-related wage increase. Business Day TV caught up with Griffith for more on the company's plans going forward...more9minPlay
July 19, 2019Gautrain to spend R2bn on expansion plansThe Gautrain Management Agency is planning to spend up to R2 billion to acquire second hand additional rolling stock from the UK. This is an attempt to deal with the capacity constraints on the high-speed train network. Joining Business Day TV on the line to discuss the expansion plans in detail is the company's CEO, Jack van der Merwe....more7minPlay
July 19, 2019PepsiCo offers to buy Pioneer Foods for R23.5bnIn a vote of confidence about South Africa's long-term prospects, New York-based food and beverages giant PepsiCo has made an offer to buy Pioneer Food Group, which makes Sasko breads and Ceres juices, in a deal worth over R25 billion. Meanwhile Zeder Investments which has a near 30% stake in Pioneer has said it fully supports the move. Business Day TV caught up with Zeder CEO, Norman Celliers for more detail....more7minPlay
July 18, 2019Sarb announces first rate cut in over a yearReserve Bank Governor, Lesetja Kganyago announced the first interest rate cut in over a year - a unanimous decision to cut by 25 basis points. A panel of experts joined Business Day TV to unpack the thinking that may have gone into that decision, Tertia Jacobs, Treasury Economist at Investec, Tsitsi Hatendi-Matika, Head of Retail Investment Specialists at Absa and Lumkile Mondi, Senior Lecturer at the Wits School of Economics and Business Science....more9minPlay
July 18, 2019Has Jacob Zuma's testimony further damaged his reputation?The Zondo Commission of Inquiry into State Capture is set to resume tomorrow but according to former president Jacob Zuma's legal counsel, he will only continue his testimony if the commission sticks to the rules. Former MP, Ben Turok talks to Business Day TV about Zuma's testimony and says that thus far it discredits him....more8minPlay
July 18, 2019Sarb cuts rates to stimulate growthWell as expected the Sarb has cut rates for the first time in over a year. The MPC cut rates by 25 basis points to 6.5%, citing weak economic growth and inflation which has stayed around the midpoint of its target range. Business Day TV caught up with Peter Attard Montalto from Intellidex for further interrogation of today's announcement...more6minPlay
FAQs about Business News Leaders:How many episodes does Business News Leaders have?The podcast currently has 3,905 episodes available.