The economy's in the toilet and we're all going to die! But hey, it's Friday, the weekend rolls on and this is the week that was. I'm Giulietta Talevi, my co host is Simon Brown and joining us as we wander, wailing, through the debris is Sasfin securities' David Shapiro.

Power utility Eskom has ended a second round of wage talks sticking to its stance of no wage increases as the cash-strapped SOE struggles to strengthen its balance sheet BUT a power struggle is about to ensue as unions threaten strike action against the decision. Khulu Phasiwe, Spokesperson for Eskom joined us on the line for more on Eskom's stance at this point.

Lawrence Rapp CEO of Vukile Property Fund joins us for a follow up on the back of the company's earnings report having been released, specifically pertaining to its growing Spanish footprint. The extent to which its paying off and where exactly that leaves its international strategy

Manufacturing production increased 1.1% year-on-year in April, on a month-on-month basis however, factory production shrunk 0.6%. This print comes after the manufacturing decreased by contributed -0.8% of a percentage point to GDP which contracted by 2.2%. Dawie Roodt, Chief Economist of the Efficient Group joined us to discuss what April's data suggests for the sector and the economy moving forward.

Markets continued to real from the shock growth figures that were released yesterday, reflecting a quarter on quarter contraction of 2.2% largely. This has led analysts to revise down their forecast for the year and the tone is less than optimistic as the GDP numbers reflect what some are calling the end to South Africa's honeymoon period. But Business Leadership South Africa's CEO Bonang Mohale says that we shouldn't underestimate what South Africa has achieved in the past three months. He joined Business Day TV in a telephonic interview with his perspective.

The fourth edition of the Junior Indaba for explorers, developers and investors in junior mining kicked off today. Bernard Swanepoel, Convener of the Indaba has criticised government and the Minerals Council for failing to accommodate the needs of the junior mining sector and says that a one-size-fits-all approach to junior mining development is ill-conceived. He joined us on the line for more.

The South African economy has shrunk by 2.2% in the first quarter against an expansion of 3.1% during the last quarter. This marks the largest quarter-on-quarter decline since the 2008 2009 financial crisis with the largest negative contributors to GDP growth being agriculture, mining and manufacturing while finance, government, business services and real estate all made positive contributions. We've had what almost seems like ambitious growth targets for this year, Treasury expects growth of 1.7% while the World Bank and the IMF expects growth of 1.5% or more. At this stage, a contraction in the first quarter and 0.8% year-on-year growth, we're not off to a good start. Maarten Ackerman, Chief Economist at Citadel joined Business Day TV to discuss what this print suggests for growth going forward.

Tertiary education group, Stadio plans to develop a new campus just outside of Cape Town after acquiring over 7 hectares of land in Durbanville. The new campus is expected to be up and running by February 2021 is expected to boast several faculties including Education, Commerce, Law and the Creative Industries. The company says that there is ample room for expansion as student numbers are currently sitting at 26 500 with the numbers expected to grow to 30 000 by the end of this year. Chris van der Merwe, CEO of Stadio joined us for more insight around their latest move.

BlackRock sees the recent selling of EM assets as a buying opportunity - and Isabelle Mateos y Lago, Chief Multi Asset Strategist at BlackRock joined us on the line for further interrogation of the investment case they're buying into right now.

Delta Property Fund's forecasting an earnings decline of up to 4% for its 2019 financial year.

And says that's partly due to once-off lease adjustments being traded off for longer-term leases, as well as the disposal of assets held-for-sale.

The comments come off the back of Delta's annual numbers released today, which saw the company maintain its full-year distribution at 97.24c per share amid declines in rental income. We spoke to company’s CEO, Sandile Nomvete for more detail behind the numbers.