On this episode of Trade of the week, Founder of Herenya Capital, Petri Redelinghuys discusses his outlook for the Satrix 40, City Lodge and Investec.

The 49th G7 summit is set for next month and the host, the Japenese government, has opted to un-invite President Cyril Ramaphosa in his single capacity as South African president and has opted to give the invite to the African Union instead. The move comes as the G7 tries not to attribute particular significance to certain African countries. Business Day TV spoke to Aly-Khan Satchu, CEO of Rich Management for his analysis of the upcoming summit and what it means for Africa.

Joburg Mayor, Thapelo Amad and Speaker, Colleen Makhubele are facing motions of no confidence against them. The motions were brought by ActionSA and the DA and have successfully made it to the council agenda. This, making them the subject of council debate at the next meeting set to take place tomorrow. Makhubele and Amad are not facing one but two motions individually. Business Day TV unpacked how the motions came about with Financial Mail Deputy Editor and Columnist, Natasha Marrian.

It's impossible to end load shedding by year-end, according to Electricity Minister Kgosientso Ramokgopa who laid out his plans to tackle load-shedding at the ANC's national executive committee meeting over the weekend. In the next 6-months, the minister plans to add 4,000 megawatts of power to the grid. This is just one of multiple interventions which also includes relying more on diesel generators to help ease pressure on power supply. Business Day TV spoke to Independent Economic & Energy Analyst Tshepo Kgadima for his assessment of the plans.

After lengthy delays and legal wrangles, President Cyril Ramaphosa has finally appointed the SABC board. This after the five-year term of the previous board ended in October last year, leaving the public broadcaster without a board for six months. The SABC has been mired in governance and financial crises that took it to the brink of collapse, so the new board is set to have their work cut out for them. Business Day TV unpacked the appointment of the new board with Sunday Times' Digital Editor, who is also Chair of the Sanef Media Freedom Committee.

The Employment Equity Amendment Bill has been signed into law. The amendments champion new controversial transformation laws that will impact business and employment in the country. Business Day TV unpacked the country's transformation journey in greater detail with Sibongile Vilakazi, Newly Appointed BMF President

Lower car prices weighed on Tesla's first quarter performance, with the firm posting a 24% decline in profit. Business Day TV unpacked Tesla's investment case with James Bennett, Global Equity Analyst at Anchor.

Clicks has posted a rise in half-year profit growth, despite consumers remaining under pressure. Headline earnings for the period came in 0.9% higher. Business Day TV unpacked the performance with CEO Bertina Engelbrecht

Over the past two years, Central Banks around the globe have been hiking interest rates in a bid to tame rising

inflation. South Africa has seen its ninth consecutive rate hike since November 2021. This amid muted growth which will be further exacerbated by the severe power cuts. In turn, the ailing economy will have a hard time digesting more interest rate pain. Sarb Governor Lesetja Kganyago says that it's hard to predict when repo rate hikes will end but has in the meantime called for a lower inflation target and for deregulation in the power and transport sectors to help aid the economy. The Governor joined Business Day TV to discuss the issue in detail.

South Africans are deeply concerned about what the future holds. A recent Institute of Race Relations survey showed a significant majority of South Africans, regardless of race, income level or political persuasion, believe the country is moving in the wrong direction. For a closer look at the story, Business Day TV spoke to Financial Mail Reporter, Claire Bisseker