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Women’s financial empowerment has the potential to drive economic growth, strengthen households and create lasting generational wealth. Kaya Biz speaks to Alexandra Nortier, Joint Head of Wealth Management at Investec Wealth & Investment International, about why Investec is backing the JSE SheInvests 2026 initiative, the barriers keeping women out of investing, and how financial education can help build confidence. Mark as Listened · www.kaya959.co.za · Kaya FM
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What the DA’s cabinet reshuffle means for the GNU. Petrol pain drives inflation higher despite cheaper food. And digital banking's new challenger has arrived. Mark as Listened · Moneyweb
East Coast Radio Newswatch is the independent Durban-based radio station's news team. We are KwaZulu-Natal’s trusted news source with a focus on local, breaking news. Our bulletins run from 6am until 6pm, Monday to Friday. On weekends and public holidays you can catch our news updates from 7am until 1pm. © East Coast Radio. Mark as Listened · Website
East Coast Radio Newswatch is the independent Durban-based radio station's news team. We are KwaZulu-Natal’s trusted news source with a focus on local, breaking news. Our bulletins run from 6am until 6pm, Monday to Friday. On weekends and public holidays you can catch our news updates from 7am until 1pm. © East Coast Radio. Mark as Listened · Website
‘The problem is Transnet needs to be unbundled, it needs to be restructured, and the various portions need to be released so that private sector can invest,’ says Professor Jan Havenga, emeritus professor, Stellenbosch University. Mark as Listened · Moneyweb
Chantal Marx from FNB Wealth & Investments reflects on the key themes that contributed to a successful 2024 for investors and explores how these insights can guide us in 2025. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
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David Shapiro is Deputy Chairman at Sasfin Securities Pty Ltd. and Viv Govender is a
Wealth Manager at Rand Swiss Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
‘It's hard enough to manage our own biases but certainly we are nowhere near the point where we let the machines loose on making decisions,’ says Peter van der Ross, deputy head of multi-asset and portfolio management at STANLIB. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Today, is being part of the government of national unity helping or hindering political party support? It is World Diabetes Day. We take a look at the true cost of the crisis on the South African health sector and how student debts are impacting job prospects for young people. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Christopher Dodd, CEO of iStore South Africa posits: ‘We are offering the best price in the world at the moment in terms of trade-ins – even better than what Apple is offering overseas.’ Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Police have arrested a matric pupil on a charge of attempted murder. Mark as Listened · Website
Independent analyst Carmen Mpelwane highlights Virgin Active's strong performance in Brait’s latest results, while DebtBusters' Benay Sager discusses how consumer income growth is failing to keep up with inflation. Meanwhile, iStore SA CEO Christopher Dodd explores shifting mindsets towards pre-owned technology. Mark as Listened
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GUEST – Kenosi Rakosa, Head of Lending Propositions at EasyPay Everywhere
In South Africa, empowering women with access to responsible credit is key to advancing financial inclusion and economic resilience. With nearly half of households headed by women, especially in rural areas, gender-driven economic disparity remains a pressing issue.
Kenosi Rakosa, Head of Lending Propositions at EasyPay Everywhere, highlights the transformative impact that safe, accessible credit can have on these households. By offering financial tools that support women’s unique needs, particularly those leading low-income families, can lay the groundork for long-term community upliftment. Mark as Listened · Kaya FM
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YES's Tsholo Mogotsi addresses the issue of youth unemployment, exploring whether there are any signs of improvement in the current landscape. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Independent analyst Jimmy Moyaha weighs in on the latest Bidcorp and AVI updates, noting that both reflect continued consumer pressure. Premier Group CEO Kobus Gertenbach discusses their recent results, highlighting strong operational leverage and reduced debt. YES's Tsholo Mogotsi addresses the issue of youth unemployment, exploring whether there are any signs of improvement in the current landscape. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
In 1995, Burton Naicker started a career in banking in the province of Kwa Zulu Natal where he was born. He moved to Gauteng in 1998 into the insurance industry where he took on a position as a Legal Recoveries Advisor at the Telesure group of companies. Three years later he joined OUTsurance as an Investigator before being appointed as Claims Manager in 2005. Burton progressed into various senior roles of management in the Claims environment and was later appointed as CEO of SIAS (Assessing and Investigative division of OUTsurance) in 2010. In 2015 SIAS merged with OUTsurance and as a result was appointed to the role of Chief Operating Officer. He then joined MiWay in January 2022 as the CEO. Since 2015 he has also being a director of the board of the South African Insurance Crime Bureau.
On the academic side, Burton completed his banking education in 1998 and then later in 2002 a Higher Certificate in Insurance (HCII). In 2007 he completed the Management Advanced Programme (MAP) at the University of the Witwatersrand and in 2015 graduated with his Master's in Business Administration at the same institute. Burton has an active interest in sport and healthy living and is happily married with two sons. Mark as Listened · Kaya FM
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A round-up of the day’s news including the Public Protector’s findings on the Thabo Bester scandal; and, the first poll on the GNU shows support for coalition parties, while others are left out in the cold. Mark as Listened · Moneyweb
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Joined by AFRO4, a "Superband” of four well-known musicians from our continent that plays "jazz-influenced African groove music." AFRO4 includes our very own piano and keyboard maestro Luyanda Madope, under the direction of multi-award-winning Nigerian bassist Bright Gain. Mark as Listened · kaya 959 · Kaya FM
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A roundup of the day’s news, including why private investment in STEM sector students is critical to secure the scarce skills the country needs, and unhappiness from the Rondebosch East community about land earmarked for a social housing development. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Kieran Witthuhn from Anchor discusses Renergen's quarterly update and Spar’s 47-week performance ahead of their closed period. Independent analyst Anthony Clark assesses the recent rally in local small caps and whether value remains. Rudi Bodenstein from Stonehage Fleming explains the benefits of offshore trusts. Mark as Listened
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A roundup of the day’s news including why an expert says ESG naysayers are wrong, and could VAT-free chicken products bring relief to low income consumers? Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A roundup of the day’s news including a look at the top countries rich South Africans are moving to, and ousted DA Tshwane mayor says he is determined to stay and fight. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Young women now make up 35% of home loan applications – what are the factors perpetuating this trend? And why a top academic considers the name ‘Africa’ to be a racial slur. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
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James Bennett from Anchor Capital outlines the investment case for some of the major security platform players across the board and reflects on the CrowdStrike breach. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Independent analyst Carmen Mpelwane breaks down Bidvest's results, while Dr Adrian Saville discusses the rise in investor sentiment in South Africa. Anchor’s James Bennet discusses the investment case for cyber companies. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here's a round-up of the day's news, including risks for two-pot withdrawal, investors on building hijackings in the Joburg CBD and SA's township entrepreneurship ecosystem. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
If [clients] manage their money well, manage their risk well, they have a very good opportunity to benefit from trading contracts for difference: Nick Sproule – CEO, Trade Nation. Mark as Listened
Transport MEC Siboniso Duma says his department remains committed to promoting road safety. Mark as Listened · Website
eThekwini says it expects water supply issues in Durban's northern parts to be resolved in a week's time. Mark as Listened · Website
Annatjie Van Rooyen from Regenesys talks the performance of local shares. Raveen Ramlakan from Afrasia takes a look at structured investments. Nick Sproule of Trade Nation unpacks CFD trading. Mark as Listened
The Ray Nkonyeni Municipality says investigators are still trying to establish the cause of a blaze that gutted parts of a holiday resort on the south coast. Mark as Listened · Website
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In this episode of the Business Day Spotlight podcast, Business Day deputy editor Tiisetso Motsoeneng is in conversation with CEO of Sasol, Simon Baloyi.
The newly appointed CEO is preparing to jack up the amount of money the energy giant spends towards its future, saying R1bn annual spending simply won’t cut it in a world increasingly shunning fossil fuels.
Business Day Spotlight is a TimesLIVE production. Producer is Demi Buzo. Mark as Listened
GUEST - Nomvuyiso Batyi - CEO of Association of Comms and Technology
The Association of Communications and Technology (ACT) wants services like Netflix to contribute to the costs of building and upgrading the network infrastructure that supports their businesses. It wants to implement “Fair Share” arrangements in the over-the-top (OTT) space to achieve this OTT is the term telecommunications operators use to describe services like YouTube, Disney+, Amazon Prime Video, and Netflix that run over their infrastructure. Mark as Listened · Kaya FM
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GUEST - July Ndlovu - Thungela Resources CEO
The miner cut the half-year dividend to R2 per share (R281 million), down from R10 previously, after its profit fell 61% to about R1.2 billion in the six months to end June.
During the period energy prices continued to fall, mainly driven by the milder European and Northeast Asian winter season, which resulted in elevated coal and gas stock levels.
The group however, bolstered shareholder returns in the form of share buybacks of up to R160 million, bringing total returns to R441 million for its first half. Mark as Listened · Kaya FM
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here's a roundup of the day's news, including an analysis of the Absa CEO's early exit, the future of SA's residential property, and the scourge of the business mafia. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
‘If we aren’t called to the table to sit down, if there can't be meaningful discussion about the concerns, well then, we're going to have it argued out in a court of law at great expense to everybody,’ says South African Health Professionals Collaboration spokesperson, Dr Simon Strachan. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
East Coast Radio Newswatch is the independent Durban-based radio station's news team. We are KwaZulu-Natal’s trusted news source with a focus on local, breaking news. Our bulletins run from 6am until 6pm, Monday to Friday. On weekends and public holidays you can catch our news updates from 7am until 1pm. © East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Matete Thulare from RMB on Exxaro's results which saw a decrease in profits as coal demand and prices fell. Leanne Emery Hunter from the Youth Employment Service discusses tackling SA's unemployment crisis, with a focus on bridging the gender gap. Simon's take on just how much we could save when interest rates finally start to drop. Mark as Listened
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David Shapiro is Deputy Chairman at Sasfin Securities Pty Ltd. and Viv Govender is a
Wealth Manager at Rand Swiss Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Philip Short of Flagship Asset Management discusses central banks’ distancing themselves from US Treasuries. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here's an update of the day's news, including a conversation with the new Deputy Minister of Finance, Ashor Sarupen, implications of the Companies Act amendments and more. Mark as Listened · Moneyweb
Schalk Louw from PSG Old Oak reflects back on Magda Wierzycka ‘betting’ Allan Gray that Sygnia’s S&P 500 ETF would beat the Orbis Global Equity Fund over five years. Mark as Listened
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Chantal Marx from FNB Wealth & Investments looks at whether the markets are experiencing a crash or a correction.
Mpact CEO Bruce Strong discusses the company's recent results, including a one-third drop in profits and its entry into the water storage sector.
Schalk Louw from PSG Old Oak analyses the five-year performance comparison between passive and active strategies of two major asset managers. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Emerging market investors in coins and small investment bars have been enthusiastically buying gold, with sharp slowdowns from the more traditional developed market investors: John Reade – World Gold Council. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Independent analyst Carmen Mpelwane discusses Pan African Resources' strong update. John Reade from the World Gold Council highlights their Q2 report showing a slowdown in central bank gold purchases. Rhandzo Mukansi of Futuregrowth Asset Management talks about local bond activity post-election. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Michael Ncube of Anchor Capital reflects on the resurgence of interest in this energy source and indicates possible investment diversification into uranium-related mining, engineering or utility companies – or even an ETF. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Matete Thulare from RMB discusses whether the US tech selloff marks the end of the rally or just a correction in a longer trend.
Anchor's Michael Ncube shares his insights on investing in uranium and his top stock pick.
Wandile Sihlobo from the Agricultural Business Chamber of South Africa talks about global food prices peaking and forecasts for 2024. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A look at the SA's economy, two months after a historic election result, from an investor’s perspective is the focus of this edition of Business Day Spotlight.
Host Mudiwa Gavaza is joined by Jacques Conradie, CEO of Peregrine Capital.
Through the discussion, Conradie outlines Peregrine’s investment strategy leading up to elections; reviews the performance of its funds in the first half of 2024; trends in global technology; local versus international investments; and outlook for the rest of the year.
Business Day Spotlight is a MultimediaLIVE Production. Producer is Demi Buzo. Mark as Listened
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Democrat and Republican policies differ significantly on tax, import tariffs, legal issues and big tech. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
FNB's Wayne McCurrie discusses results from Anglo American and British American Tobacco. Joe Klopper from Independent Securities analyses market impacts of a Democratic or GOP win in November and offers stock picks. Simon shares insights on using net asset value to evaluate banks and Reits. Mark as Listened
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President Cyril Ramaphosa has appointed Deputy Chief Justice Mandisa Maya as the country's new Chief Justice. Mark as Listened · Website
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here's a round-up of the day's news, including the Public Procurement Bill being signed into law and why social media marketing matters. Mark as Listened · Moneyweb
Stanlib's Sylvester Kobo explains that these funds within the fixed-income space give the fund manager flexibility to ‘really shift asset allocation’ based on prevailing market conditions. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
‘He gets reports from each department with suggestions as to what needs to be announced, and often what is in the reports is not the kind of thing that he would want to announce,’ says political commentator, Sam Mkokeli. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Allan Gray's Siphesihle Zwane discusses the investment case for the iconic business while its board considers the succession plan for CEO Bob Iger. Mark as Listened
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
‘What we expect is that at the end of the day, he will come back to the depositors and say, this is what I have collected, and then distribute it accordingly to the people who have lost money,’ says Madambi Muvhulawa, founding director of VBS Bank. Mark as Listened · Moneyweb
Here's a round-up of news, including more on the VBS scandal, the GNU cabinet lekgotla and planning for retirement in a tough economic climate. Mark as Listened · Moneyweb
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Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Digital technology and today’s access to investment information have resulted in those born after 1980 ‘out there and investing, and in many cases signing up at higher rates than older generations’ – Siyabulela Nomoyi from Satrix. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Independent analyst Carmen Mpelwane comments on the robust AVI update, despite another disappointing performance from I&J.
Satrix's Siyabulela Nomoyi discusses investment trends among Millennials and Gen Z.
Samukelo Zwane from FNB Wealth shares insights from the 2024 FNB Retirement Insights Survey. Mark as Listened
President Cyril Ramaphosa has denounced the political violence in the US, calling it a stark reminder of the dangers of political extremism and intolerance. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
East Coast Radio Newswatch is the independent Durban-based radio station's news team. We are KwaZulu-Natal’s trusted news source with a focus on local, breaking news. Our bulletins run from 6am until 6pm, Monday to Friday. On weekends and public holidays you can catch our news updates from 7am until 1pm. © East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
East Coast Radio Newswatch is the independent Durban-based radio station's news team. We are KwaZulu-Natal’s trusted news source with a focus on local, breaking news. Our bulletins run from 6am until 6pm, Monday to Friday. On weekends and public holidays you can catch our news updates from 7am until 1pm. © East Coast Radio. Mark as Listened · Website
East Coast Radio Newswatch is the independent Durban-based radio station's news team. We are KwaZulu-Natal’s trusted news source with a focus on local, breaking news. Our bulletins run from 6am until 6pm, Monday to Friday. On weekends and public holidays you can catch our news updates from 7am until 1pm. © East Coast Radio. Mark as Listened · Website
‘We are saying in light of what has been raised, we'll then have to re-look at whether the R200 is too high, we may want to re-look at it,’ says Dada Morero, MMC for finance, City of Johannesburg. Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
GoalSave offers customers 7% to 11% interest ‘regardless’ – the highest anywhere currently: CEO Karl Westvig. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here's a round-up of today's news, including the kidnapping of businessmen in Gauteng and the Cape's extreme weather conditions. Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
East Coast Radio Newswatch is the independent Durban-based radio station's news team. We are KwaZulu-Natal’s trusted news source with a focus on local, breaking news. Our bulletins run from 6am until 6pm, Monday to Friday. On weekends and public holidays you can catch our news updates from 7am until 1pm. © East Coast Radio. Mark as Listened · Website
Instant payment for businesses in SA is the focus in this edition of the Business Day Spotlight.
Host Mudiwa Gavaza is joined by a team from Standard Bank’s corporate and investment bank: Stuart McDermid, executive head for product solutions, together with Nthabiseng Mohale, manager for interbank and regulator forums.
The discussion highlights: Standard Bank’s instant payments platform for corporate clients; the growth PayShap since inception; challenges associated with merchant payments; and the bank strategy to get businesses on to the platform.
Business Day Spotlight is a MultimediaLIVE Production. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Chantal Marx from FNB Wealth and Investments shares her preferred picks in the new cabinet announced by the president. Phil Roux, CEO of Nampak, discusses results as the turnaround gathers momentum. Keith McLachlan discusses his preferred SA Inc stocks in light of the GNU cabinet. Mark as Listened
The use of technology to increase power savings in the home in this edition of the Business Day Spotlight.
Host Mudiwa Gavaza is joined by Jon Kornik, co-founder and CEO of Plentify.
Topics of discussion include: Plentify’s business model; power consumption trends in SA; the move to increase power usage efficiency; the opportunity for smart home based businesses; and how the company has funded its operations.
Business Day Spotlight is a MultimediaLIVE Production. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here's a round-up of news updates, including more analysis on the NGU negotiations, the calls for a national dialogue and innovative ways to save the rhino. Mark as Listened · Moneyweb
CEO Leon Coetzer describes the unique challenges faced in Zambia, the structural shift in SA production, and the future of EVs. Mark as Listened
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Mia Kriegler from Kruger International on the GrowthPoint update and if she sees any value in local Reits.
Leon Coetzer, Jubilee Metals CEO, on their Zambian copper operations and the future of chrome.
Simon's thoughts on needing more money: it’s not the money; it’s you. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
‘From a pure budget point – and it's off a much lower base – Ukraine was probably our best-performing business in that [Auto-Agri] area,’ notes CEO Steven Joffe. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
The rise of insurance marketplaces, driven by technology, is the focus in this edition of the Business Day Spotlight.
Host Mudiwa Gavaza is joined by Vis Govender, co-founder at Everything.Insure and group CEO at firstEquity Group.
Topics of discussion include: the structure of firstEquity Group; Everything.Insure’s business model; defining insurance marketplaces versus aggregators; trends in the sector; and strategy for growth.
Business Day Spotlight is a MultimediaLIVE Production. Producer is Demi Buzo. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A round-up of news updates, including the ANC's proposal of a government of national unity, MK to engage the ANC and thousands to participate in the ultimate human race Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
GUEST: Ramasela Ganda - Zeda Limited Group Chief Executive Officer
Zeda Limited, Africa's leading integrated mobility solutions provider and operator of the globally recognised Avis and Budget brands, has today released its interim results, declaring a cash dividend for its shareholders for the first time since its JSE listing. The interim results showcase strong topline growth and cash generation.
More than a year since it was listed independently, the Zeda board declared a gross interim dividend of 50 cents per share, following an amendment to its dividend policy. The Group achieved a double-digit topline growth (19%), reaching a new record level revenue of R5 270 million. Meanwhile, an EBITDA growth (Earnings Before Interest, Taxes, Depreciation and Amortisation) of 7.5% was accrued in the face of a stagnant economy, softening used car market, and rising interest rates and fuel costs. Mark as Listened · Kaya FM
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A round-up of news updates, including political analysis on elections 2024, business's reaction to the results, and a survey on public trust in the elections. Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Shaun Dendere from Trive South Africa talks about Pepkor results as fintech, and Brazil do well, and margins expand.
Rand Swiss's Viv Govender discusses the Nvidia results, is there value here?
Debra Slabber from Morningstar South Africa on expectations post elections and foreigners buying local bonds. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
GUEST - Nkosinathi Mahlangu, Youth Employment Portfolio Head at Momentum Metropolitan
With election day this week - and with the arrival of new political parties on the scene as the ruling party's popularity seems to drop - competition is fiercer than ever as parties campaign relentlessly in an effort to sway votes. And while politicians post their shiny manifestos and are strategically photographed out in communities Doing Good, youth unemployment continues to climb, with more than four out of every ten people aged between 15-34 currently not in employment, education or training.
Has any progress been made since the birth of democracy 30 years ago? Are we too far gone to start to turn this around? And will the upcoming elections make any difference? Nkosinathi Mahlangu, Youth Employment Portfolio Head at Momentum Metropolitan, believes there is reason for optimism - and even despite the latest unemployment stats, he sees green shoots of hope on the horizon. The question is, how will the upcoming elections help or hinder us in turning the youth unemployment problem on its head? Mark as Listened · Kaya FM
Final political party rallies and IEC election readiness as South Africans prepare to vote on Wednesday. Mark as Listened · Moneyweb
GUEST - Paul Byrne - Head of Data and Insights at CareerJunction.
Year-on-year, hiring activity decreased by -11%, compared to Q1:2023.
Over the past two years (Q1:2022 to Q1:2024) hiring activity has declined by -8.1%. Slowing hiring activity evident in the South African recruitment market may be partly attributed to current economic uncertainty. Economic instability or uncertainty, whether domestic or global, can dampen business confidence and investment, leading companies to be cautious about expanding their workforce. Factors such as fluctuations in commodity prices, political instability, or changes in government policies can all contribute to economic uncertainty. Mark as Listened · Kaya FM
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
GUEST - Tom Crotty, Head of Risk Technical Marketing at Liberty.
Liberty paid out R9.14 billion for mortality, lifestyle protection and income protection claims in 2023. The payouts comprised R6.72 billion in valid claims to individual clients, their families, and beneficiaries as well as well as R2.4 billion in corporate claims, according to Liberty's latest claims statistics. Cancer was again the leading cause of claims, accounting for 32.3%, followed by cardiac and cardiovascular diseases and disorders (23.4%), respiratory disorders (7.3%), strokes (5.6%) and traumatic injuries (4.5%). Mark as Listened · Kaya FM
‘There have been two distinct changes, which line up perfectly with the comments that certainly we made as business in terms of what we were uncomfortable with,’ says Marisa Jacobs, managing director of Xpatweb. Mark as Listened · Moneyweb
The big story in the interim results was the contamination of woodchip stockpiles by a neighbouring fire: MD Andre Myburgh. Mark as Listened
GUEST: Darren Hele - Famous Brands CEO
Famous Brands, Africa’s leading branded food services franchisor maintained growth momentum with revenue increasing 8% to R8.0 billion. Despite the Group’s carefully managed cost base, operating profit decreased by 6% to R812 million and the operating profit margin declined to 10.1% (2023: 11.6%).
The operating profit margins were also impacted by input cost pressures and increases in overheads,namely electricity and water, diesel, repairs and maintenance and employee costs. To maintain attractive shareholder returns, Famous Brands paid a final dividend of 302 cents per share Mark as Listened · Kaya FM
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
‘Repurposing some of our cinemas during the week for other things and collaborating with other forms of entertainment is going to be important as we walk through this journey of reminding people about cinema again,’ says Mark Sardi, CEO of Ster-Kinekor Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Update on deadly George building collapse and Minister of Communication on the state of the SA Post Office. Mark as Listened · Moneyweb
‘I think the concept of bonds is misunderstood at times, which is quite unfortunate. They're a very important asset class’: Siyabulela Nomoyi – quantitative portfolio manager, Satrix. Mark as Listened
GUEST – Rodger George - Director: Consumer Industry Leader | Deloitte Africa
South Africa are scaling back on buying everyday items, savings, and spending. Across all income groups, healthcare & education incur a smaller share of the wallet to cope with the rising cost of living Mark as Listened · Kaya FM
The beloved and incredibly talented musician Maleh will be our guest this Sunday on The World Show.
This award-winning singer, who was born and raised in Lesotho, began her musical career in 2005 with the Afro-Pop group Kaya. Subsequently, she has achieved success with her solo releases and has undertaken diverse roles within the creative industries.
She will be here to talk about her upcoming performances and celebrate Africa this month. Mark as Listened · kaya 959 · Kaya FM
Passive investments and tracking indices is the focus in this edition of the Business Day Spotlight.
Host Mudiwa Gavaza is joined by Daniel Dos Passos, senior portfolio manager at RMB Indexation.
Topics of discussion include: active versus passive investment; FirstRand’s use of indexation products; state of the market; alternative investments; and an outlook for the sector.
Business Day Spotlight is a MultimediaLIVE Production. Producer is Demi Buzo. Mark as Listened
‘To put a movement like Nafcoc together and support those black businesses to get licenced, to get formed, to organise themselves properly, it really paved the way for those early entrepreneurs that emerged around that time,’ says African Bank’s chair, Thabo Dloti. Mark as Listened · Moneyweb
‘Dirty’ energy isn't something that is going to be eliminated over five or 10 years. It will take 20, 30, 40, 50 years: Alex Monk from Schroders. Mark as Listened
Police in Verulam are investigating a case of culpable homicide after a woman was knocked over by a vehicle whose driver apparently lost control. Mark as Listened · Website
‘The question is does she have legal standing to go and contest this under a review process because the exchange control regulations are saying, well, actually she never really was entitled to that money,’ says Dhahini Naidu, director at Fairbridges Wertheim Becker Attorneys. Mark as Listened · Moneyweb
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Petri Redelinghuys from Herenya Capital Advisors discusses charts of the Nasdaq and S&P 500. Is he bearish or bullish?
etfSA's Nerina Visser discusses Sygnia's changes to the terms of two of its tech ETFs, examining the implications and required actions.
Andrew Fulton of Eighty20 asks if the unchanged interest rate will see the rental market boom. Mark as Listened
GUEST – Boniwe Dunster - Human Resources Executive: Lanseria International Airport
How you handle criticism at work is very important for a healthy career. A study by the Harvard Business Review found that constructive criticism may be the best way to get the attention of someone who has become unproductive or complacent. Accepting criticism at work can be an important step toward increasing your efficiency and professional success. Mark as Listened · Kaya FM
The Department of International Relations and Coorporation says from its side, all preparations for the voting process abroad have been completed. Mark as Listened · Website
GUEST – Yolanda Vatsha – SARB Chief of Staff
The South African Reserve Bank (SARB) has officially launched the Corporation for Deposit Insurance (CODI) to boost confidence and trust in the financial system. CODI will protect qualifying depositors, including individuals and non-financial businesses in the event of a possible bank failure by providing cover of up to R100 000 per bank. SARB says CODI, which will be its newest subsidiary, will protect nine out of 10 qualifying depositors in the country, though in rand terms this will equate to only about 23% of total deposits. Mark as Listened · Kaya FM
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
John Reade, chief market strategist for the World Gold Council, says the metal’s strength despite record high prices in pretty much every currency tells you a lot about its underlying health. Mark as Listened
The Pietermaritzburg High Court has dismissed former president Jacob Zuma's application for leave to appeal the ruling on his private prosecution of State advocate Billy Downer and journalist Karyn Maughan. Mark as Listened · Website
The DA is heading to court over the recent electricity tariff hikes and loadshedding. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Nine people have been nabbed for stealing coal meant for Kusile Power Station in Mpumalanga. Mark as Listened · Website
Interest rates, property and SA economic pressure is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Herschel Jawitz, CEO of Jawitz Properties.
Topics of discussion include: history of the Jawitz business; effect of interest rates on SA’s property market; buying versus renting; and outlook for the local sector.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
Foreign-trained doctors say they're frustrated by the Health Professions Council of South Africa’s failure to offer them board exams. Mark as Listened · Website
A round-up of today’s news updates, including a look back on the life and times of Pick n Pay founder Raymond Ackerman, who passed away on Thursday. Mark as Listened · Moneyweb
Viv Govender from Rand Swiss Offshore joins Business Day TV for a broader look at this afternoon's market performance Mark as Listened
For all intents and purposes it's a made-up number: Dr Adrian Saville – Genera Capital. Mark as Listened
South Africa's largest life insurance group Sanlam has posted a 118% jump in half year headline earnings per share as it benefitted from lower death claims. Business Day TV spoke to Abigail Mukhuba, Financial Director at Sanlam for more insight. Mark as Listened
Up to the minute analysis of the action on the JSE Securities Exchange and international
markets.
A fascinating wrap of the JSE day with some of South Africa’s most prolific and respected
commentators. All the major movers analysed, corporate results laid bare, and fascinating
inside stories of who is doing what, and why. Arguably, our most important feature for
investors, and comes to you daily. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Alex Duys from Umthombo Wealth talks the divergent RCL Foods and AVI results. Sanisha Packirisamy from Momentum Investments on the importance of women in the labour force. PPS's David Crosoer explains how we should manage short-term price gains with long-term sustainable investments. Mark as Listened
Efforts to keep local telecoms networks powered according to SA’s largest player is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Sitho Mdlalose, CEO of Vodacom SA.
Topics of discussion include: investment for network power; trends in the local telecoms sector around customer numbers, competition in the connectivity market and
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
Analysis of August's PMI and a look at why victims of the Jhb fire are scared of authorities. Mark as Listened · Moneyweb
A Pietermaritzburg man says his family's struggling to come to terms with the death of his brother who was killed while trying to assist an injured trucker on the N3. Mark as Listened · Website
Independent analyst Karl Gevers on the Pan African trading update and his preferred gold stock ... or is he staying away Fortress's Steven Brown on the Reit's results as vacancies hit 3.7% but it still can't pay dividends. Old Mutual Wealth's Izak Odendaal on the curious nature of a strong US and weak China. Mark as Listened
Residents in Umfolozi's Embabe village, north of Richards Bay, are counting down the days to the roll-out of a massive electrification project. Mark as Listened · Website
Gauteng Health says the death toll from Thursday's horrific building fire in central Johannesburg has gone up to 77. Mark as Listened · Website
A ward councillor in Bonela says the area has experienced a spike in violent crime recently. Mark as Listened · Website
A disastrous truck crash in Pietermaritzburg has left two people dead and a medic fighting for his life in hospital. Mark as Listened · Website
The police's top brass is on the way to Makhado in Limpopo where 18 suspected CIT robbers have been killed in a shootout. Mark as Listened · Website
A round-up of news updates, including a look at how urban planning can help fix city centre housing challenges.
A look at why corporate wellness is important. Mark as Listened · Moneyweb
We've some major projects being completed [which should] flow through into improved performance at the end of next year and the years thereafter – CEO Gary Chaplin. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Independent analyst Jimmy Moyaha takes a look at Implats results as refined production, sales and prices received all declined. KAP's Gary Chaplin on tough results after the record of last year. Simon offers his thoughts on the CEOs who still take questions, even when the going is very tough. Mark as Listened
‘When we were launching the Leralla to Germiston line on Monday, we had commuters saying that they were spending R1900 on just taxis but now per month they're spending R350 on taking the train,’ says Prasa spokesperson, Andiswa Makanda. Mark as Listened · Moneyweb
Reko Nare from Anchor on where to next for SA inflation and interest rates as we appear to have reached the peak of the rate hike cycle.
Henry Laas from Murray & Roberts talks the company's financials as they swing into a massive loss, is the group still solvent?
Bidcorp's David Cleasby on strong full-year results even as food inflation rose during the period. Mark as Listened
GUEST – Simon Brown – Founder of JustOneLap
Woolworths has hiked its full-year dividend payout by more than a third thanks to double-digit earnings growth, with margins picking up even though it experienced some volume pressure in its food and fashion businesses.
The JSE-listed retailer, which reported results for the year to 25 June on Wednesday, was also boosted by the sale of Australian fashion business David Jones in March, but also had to contend with higher costs and increased food waste due to SA's ongoing power interruptions. Total group turnover rose 7% to R85.7 billion, the group said, with headline earnings per share rising 29% to 514.7c. The group upped its total dividend just over 36% to 313c.
The group's shares slipped over 4% in early trade on Wednesday but have still gained about 37% over the past one year. Mark as Listened · Kaya FM
High finance costs and increased levels of load-shedding have weighed on KAP Industrial. The industrial, chemicals and logistics group recorded a 43% plunge in headline earnings per share. Business Day TV caught up with the company's CEO Gary Chaplin for greater analysis on the annual performance. Mark as Listened
Lonwabo Maqubela from Perpetua joins Business Day TV for a broader look at the day's market movers Mark as Listened
Telkom’s use of innovation in strengthening its business is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Dr. Mmaki Janties, group executive for innovation and transformation at Telkom.
Topics of discussion include: Telkom’s strategy around innovation; artificial intelligence; evolving business models for telco’s; and technology trends.
Business Day Spotlight is a MultimediaLIVE Production. Mark as Listened
‘Where are the sectors of the economy where we see growth and there are a few of them, they are like silver linings. Digital and tech, for example, and global business services are really good growth sectors,’ says project management office head at the presidency, Rudi Dicks. Mark as Listened · Moneyweb
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Viv Govender from Rand Swiss on whether the AI hype justifies Nvidia's valuation. Super Group's Colin Brown unpacks the company's strong results despite another challenging year. Simon Campbell Young of Digimune on the best way to insure your crypto coins from loss and phishing attacks. Mark as Listened
GUEST - Minister Thoko Didiza - Minister of Agriculture, Land Reform and Rural Development
The Minister of Agriculture, Land Reform and Rural Development Ms Thoko Didiza, today launched the Agro Energy Fund to assist farmers to alleviate the impact of loadshedding.
Earlier this year, in response to the energy challenges in the sector, the Minister established a Task Team comprising of sector partners, to advise on solutions to mitigate against the impact of energy cuts on the sector. In addressing alternative energy sources in the sector, the Minister together with the Land Bank will announce on how the farmers will access the Agro-Energy Fund. The focus for the Agro-Energy Fund will be on energy intensive agricultural activities. These will include irrigation, intensive agricultural production systems and cold chain related activities. Mark as Listened · Kaya FM
Super Group's diversification strategy has given it a boost. During the full-year period the logistics company reported a 30.6% jump in revenue while headline earnings per share came in 23.3% higher. Business Day Tv spoke to the company's CEO Peter Mountford, about the annual performance. Mark as Listened
Simbongile Nyangintsimbi from Catersian Capital joins Business Day TV for a broader look at the day's market movers Mark as Listened
There are calls for all open manholes in Durban to covered after a was rescued from one in Verulam after being trapped for hours. Mark as Listened · Website
‘I think in the medium term to long term, the implication is really the confidence in investing in our economy because if you cannot guarantee that energy security, people will obviously be reluctant to invest in such an economy,’ says Fanele Mondi, chief executive officer of the Energy Intensive Users Group. Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A round up of news updates including the DA’s Mpho Phalatse’s resignation from the CoJ council.
A look at what’s behind the increase in vehicle repossession and what motorists can expect to pay for fuel at the pumps in September. Mark as Listened · Moneyweb
National Treasury wants both a South African taxpayer earning in another country and the foreign company paying the salary to declare the earnings to Sars: Harry Scherzer – Future Forex. Mark as Listened
The SA Pharmacy Council says a court ruling on the medicines dispensing process will help relieve congestion in our healthcare system. Mark as Listened · Website
FNB's Wayne McCurrie on Italtile's results as consumers struggle and costs hurt. Roy Douglas from AdvTech unpacks their strong results as Heps was up 24% and margins improved across all sectors. Harry Scherzer of Future Forex on National Treasury's new regulations set to seriously hamper offshore earnings in foreign currency. Mark as Listened
The NPA in the Free State says it will oppose the bail application of Dr Nandipha Magudumana due to be heard in Bloemfontein. Mark as Listened · Website
In this edition of the Business Day Spotlight, we talk about strategies that companies can use to better protect their digital environments and systems.
Our host Mudiwa Gavaza is joined by Russell Young, cloud solution architect at Trend Micro.
Topics of discussion include: Trend Micro’s business model; effective posture management; trends and advancements in cybersecurity; hybrid cloud security; practical cases and scenarios; and thoughts about how best protect a company’s systems from attack.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A round up of news updates including a look at what’s next for Zimbabwe as the opposition rejects election results.
Analysis of the work that has been achieved by government’s Operation Vulindlela and the City of Cape Town under fire for electricity tariffs. Mark as Listened · Moneyweb
I never thought we'd see the day when we were selling baked beans and toilet paper [online]...and it has been really, really successful – OneDayOnly sales director Laurian Venter. Mark as Listened
With Aveng's results, Murray & Roberts's asset sale and WBHO's update, is there any value in this beleaguered sector? Nick Kunze from Sanlam Private Wealth takes a look. Petri Redelinghuys of Herenya Capital as he’s bullish on platinum, Implats and Sibanye Stillwater. Laurian Venter from OneDayOnly talks SA’s ecommerce surge. Mark as Listened
EFF leader Julius Malema says the party welcomes the expansion of the BRICS bloc. Mark as Listened · Website
KZN Education has welcomed financial efforts taken by provincial Treasury to ensure that the Learner Transport Programme remains sustainable. Mark as Listened · Website
Durban businessman, Thoshan Panday and his co-accused are going on trial. Mark as Listened · Website
eThekwini Mayor Mxolisi Kaunda says they've sorted out some of the infrastructure issues that led to the contamination of the city's beaches. Mark as Listened · Website
Cobus Potgieter from Southern Cross Capital joins Business Day TV for a broader look at this afternoon's market performance Mark as Listened
A round up of news updates, including which company has been named the world's most valuable food brand and why ESOPs aren't very popular in SA. Mark as Listened · Moneyweb
The risks associated with poorly planned and managed attempts to increase BEE scores using skills development is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Deirdre Mitchell, MD at Honeycomb BEE Ratings.
Topics of discussion include: Honeycomb history and business model; an explanation of BEE ratings in SA; dodgy consultants and skills academies; the risks associated with poorly planned and managed skills development programs.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
Japanification is an issue and a concern in the long term because debt levels are high – Schroders economist David Rees. Mark as Listened
eThekwini metro teams are struggling to get to the site of a burst pipe in Malukazi, south of Durban, where water has been streaming into homes there. Mark as Listened · Website
Higher Education Minister Blade Nzimande says a criminal case has been opened following violent protests at UKZN's Pietermaritzburg campus. Mark as Listened · Website
A young motorist has been killed after he smashed into a concrete pole in the west of Durban Mark as Listened · Website
Brazil's President Lula da Silva has used his speech at the BRICS Summit in Johannesburg to call on other leaders to help secure an immediate ceasefire in Ukraine. Mark as Listened · Website
A roundup of news updates, including a look at whether a Brics currency is feasible and the best way to manage healthcare costs. Mark as Listened · Moneyweb
‘We don't have cuts coming through perhaps as speedily as they would've in previous monetary policy cycles’: Rhandzo Mukansi of Futuregrowth. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
EA Capital's Kea Nonyana unpacks results from BGP Group and Spur. Varshan Maharaj from the Allan Gray Frontier Markets Equity Fund on what a frontier market is and whether they are offering value. Rhandzo Mukansi Futuregrowth talks investor sentiment as it rebounds in July. Mark as Listened
With the 15th Brics Summit in full swing in Johannesburg, the Ukrainian Association of South Africa is staging protests across the country to call for an end to Russia's invasion of Ukraine. Mark as Listened · Website
President Cyril Ramaphosa says South Africa is looking to China for help in solving the country’s energy crisis. Mark as Listened · Website
A round-up of news updates, including reaction to the Reserve Bank clearing Ramaphosa.
The Brics Summit gets underway today, a look at where the bloc has failed. Ukraine Association in SA to protest at Brics Summit and a look at the long wait for transplants in SA. Mark as Listened · Moneyweb
Karl Gevers, Independent Analyst joins Business Day TV for a broader look at this afternoon's market performance Mark as Listened
SA’s education stocks are ‘very different businesses earning very different returns’. Keith McLachlan of Integral Asset Managers looks at results and prospects. Mark as Listened
Durban North police have in their custody a Swazi fugitive wanted by Interpol for a string of robberies and murder. Mark as Listened · Website
Local film and television content production is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Shirley Adonisi, M-Net's director of local entertainment channels.
Topics of discussion include: how MultiChoice decides on what content to put out; budgeting and profit considerations for local content; costs involved in producing content for steaming platforms versus traditional broadcast; the group’s approach to marketing its contett; as well as viewing patterns and trends.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
Three suspected thieves are lining up in the Pietermaritzburg Magistrate's Court on charges related to copper theft. Mark as Listened · Website
A round up of news updates, including a look at the latest in the NASFAS drama. Mark as Listened · Moneyweb
Here we are seeing the average first purchase is around R650, and globally it's around R400: Christo de Wit – Luno. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
South Africans are being urged to work closely with law enforcement officials to help curb the scourge of illegal mining. Mark as Listened · Website
Family, friends, and patrons have bid a final-farewell to well-known Durban businessman, Jabulani 'Mjay' Zama. Mark as Listened · Website
Six of of seven children killed in a bus crash in northern KZN, will be laid to rest today. Mark as Listened · Website
Cell C, the fourth-largest mobile operator in SA, is still battling a number of serious difficulties. Those being complex debt restructuring challenges, subpar performance, and a high CEO turnover rate. Business Day TV spoke with Business Day's Technology Corresponded, Mudiwa Gavaza who unpacked Cell C's challenges Mark as Listened
‘We know that it’s a lot of money, but the exact details of the expenses we don’t know. I think in terms of open procurement, that’s something that taxpayers need to know in terms of what happened to their money,’ says Dr Marlise Richter, senior researcher at Health Justice Initiative (HJI). Mark as Listened · Moneyweb
‘If you are responsible for the economy of your country, you've got to communicate in simple, straightforward terms’: Russell Silberston. Mark as Listened
The difficulty faced by impact investors in accessing funds in Africa is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Bernard Chidzero, senior advisor to The Bridgespan Group.
Topics of discussion include: Bridgespan’s business model; challenges facing Africa-based fund managers in accessing capital for social impact; a definition of impact investing; comparisons with venture and other types of funding on the continent.
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GUEST – Sakina Ntuli - King Price Insurance Expert and Spokesperson
The experience of having your insured car written off is obviously a distressing one and something one should try to avoid at all costs. So, when is a write-off – which, in insurance terms, occurs when a damaged vehicle is either structurally irreparable or uneconomical to repair and thus deemed a total loss – most likely to happen? Well, thanks to data provided by King Price Insurance, we have some intriguing insight into this question. Mark as Listened · Kaya FM
David Shapiro is Deputy Chairman at Sasfin Securities Pty Ltd. and Viv Govender is a
Wealth Manager at Rand Swiss Mark as Listened
A suspected vehicle smuggling syndicate kingpin believed to be behind the theft of cars in KwaZulu-Natal and several other provinces is appearing in a Musina court today. Mark as Listened · Website
Percy Mathebula from Sentio Capital joins Business Day TV for a broader look at this afternoon's market performance Mark as Listened
A roundup of news, including why rights organisations are concerned about Zimbabwe’s upcoming elections.
A look at a new virtual tool launched to track political party funding, the impact of burnout on the workforce and a glimpse at Rugby coach Rassie Erasmus's new book. Mark as Listened · Moneyweb
‘There's so much nuance in the township economy. You have to be there to understand’: Mushambi Mutuma – Accenture Africa. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Independent analyst Karl Gevers talks markets with strong Mpact results that saw Heps up 33% and JSE Group results that showed a modest increase in profits. Mushambi Mutuma from Accenture takes a look at the informal spaza economy and how FMCGs can directly capture some of the sales. Simon talks the importance of reading listed companies' annual reports. Mark as Listened
Tiger Brands is eyeing the spaza shop market. The company has launched its route-to-market strategy which is aimed at increasing the marketing and supply of its products in the lower end of the market. Business Day TV unpacked the strategy in greater detail with the Route to Market Manager at Tiger Brands, Garth Fraser. Mark as Listened
Makwe Masilela from Makwe Fund Managers joins Business Day TV for a broader look at the day's market movers. Mark as Listened
David Shapiro is Deputy Chairman at Sasfin Securities Pty Ltd. and Viv Govender is a
Wealth Manager at Rand Swiss Mark as Listened
The report by an independent panel into the docking of a Russian ship at Simon's Town in December - should land on the President's desk tomorrow. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Policing union Sapu is stepping up the pressure on government to have cop murders declared acts of treason. Mark as Listened · Website
The Msunduzi Association of Residents, Ratepayers and Civics has been accused by the City of spreading a false narrative about its billing system. Mark as Listened · Website
Strategies around banking technology are the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Eshmael Mpabanga, senior manager within the financial services practice at Accenture Africa.
The discussion examines some of the fundamental shifts banks can take towards servicing customers better; ways in which finance houses can make use of technologies like artificial intelligence (AI) and automation.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
A search is on for two armed intruders who robbed, kidnapped and killed a police officer in northern KZN. Mark as Listened · Website
A roundup of news updates, including a conversation with Gauteng Premier Panyaza Lesufi on Gauteng’s jobs initiative.
A look at whether South Africa is on track to achieving its National Development Plan goals and why the City of Tshwane is asking residents to avoid burning waste. Mark as Listened · Moneyweb
In 2000 fossil fuel accounted for about 86% of global energy demand; by 2019 it accounted for 84%: JD Hayward – Flagship Asset Management. Mark as Listened
Calls are being made for the police's top brass to step in and support the investigation into the discovery of an ammunition manufacturing machine at the KwaMashu Hostel. Mark as Listened · Website
Independent analyst Jimmy Moyaha on the latest company news as Aspen makes an acquisition in Latin America and Pan African Resources gets funding and environmental authorisation for their Mintails tailings retreatment plant. JD Hayward from Flagship Asset Management talks the oil price and opportunity for investors. Josh Kotlowitz from Future Forex gives his insights on improving the FX experience using AI. Mark as Listened
The National Prosecuting Authority has designated a prosecutor to facilitate rhino poaching related cases in KwaZulu-Natal. Mark as Listened · Website
The NPA in Gauteng says it stands by its decision to bring the case against the eight assault-accused VIP presidential protection officers to court. Mark as Listened · Website
A round up of news updates, including a look at the latest Sweep South report on domestic workers' working conditions.
A look at what's behind the surge in cable theft and the Public Protector’s Phala Phala report to be challenged in court. Mark as Listened · Moneyweb
‘We still see demand likely to remain positive in the second half of the year, albeit maybe not at the same levels as in H2 last year’: Krishan Gopaul – World Gold Council. Mark as Listened
FNB's Wayne McCurrie talks company news with results from Liberty Two Degrees and updates from Telkom and MTN. Krishan Gopaul from EMEA World Gold Council, on their second quarter report which shows demand increasing and supply potentially hitting new records this year. MFS Africa's Moses Marimira takes a look at how AI can help combat financial crimes and get SA off the grey list. Mark as Listened
Graeme Franck from PSG Wealth Sandton Grayston joins Business Day TV for a broader look at the day's market movers Mark as Listened
Up to the minute analysis of the action on the JSE Securities Exchange and international
markets.
A fascinating wrap of the JSE day with some of South Africa’s most prolific and respected
commentators. All the major movers analysed, corporate results laid bare, and fascinating
inside stories of who is doing what, and why. Arguably, our most important feature for
investors, and comes to you daily Mark as Listened
eThekwini Municipality says it's put several incentives in place to assist owners of dilapidated buildings. Mark as Listened · Website
Oil is on track to end July on a good note. That's as prices are on course for the biggest monthly gains in over a year on the back of Chinese stimulus and expectations that OPEC will continue output cuts. Business Day T unpacked the moves playing out in the markets with David Elmes from the Warwick Business School. Mark as Listened
‘To punish liquor traders and take two hours as a means of fighting crime, in the absence of any scientific evidence that points to the fact that if you remove two hours from trading per day, then we're going to fight crime, then it's a questionable proposition,’ says National Liquor Traders’ Lucky Ntimane. Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A roundup of news updates, including a look at the impact of Limpopo’s proposal to ban alcohol sales after midnight.
Insights on why Action SA is opposing some political party funding, how local laws could impact Agoa, and the EFF's 10-year anniversary function raises concerns over attendees' conflict of interest. Mark as Listened · Moneyweb
Jacobus Brink from Novare joins Business Day TV for a broader look at this afternoon's market performance Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
EA Capital's Kea Nonyana on the Woolies update, rand strength and the higher oil price. David Rees from Schroders talks the global goods sector, as we’re seeing some signs of recovery that should bode well for EMs and commodities. Despite prevailing pessimism, South African equities are currently priced for worst-case scenarios. Sean Neethling from Morningstar Investment Management SA takes a look. Mark as Listened
A man from Madadeni, near Newcastle has started serving a life sentence for rape. Mark as Listened · Website
A medical student, from northern KZN, who died while studying in the Philippines, has been described as a brave and authentic person. Mark as Listened · Website
A legal expert believes Molemo 'Jub Jub' Maarohanye's parole might be revoked, seeing him serve out the rest of his culpable homicide sentence. Mark as Listened · Website
The NPA in Gauteng says witnesses in the blue-light assault case are fearing for their lives. Mark as Listened · Website
A roundup of news updates, including a look at the ANC’s failure to maintain independence between party and state.
A look at whether South Africa’s energy transition is just and on World Nature Conservation Day we take a look at the impact of waste management on the environment. Mark as Listened · Moneyweb
Recent data from Stats SA shows that life expectancy for South Africans has increased: Natasha Huggett-Henchie – NMG Benefits. Mark as Listened
Hospitality association Fedhasa has warned that tourism will suffer if Ugu District Municipality fails to solve the water supply crisis on the south coast. Mark as Listened · Website
Faheema Adia from Momentum Securities talks Anglo American results … is she seeing value in the group as a whole or individually in Kumba and Amplats?
The good news is that we’re living longer, but … we haven't saved enough. NMG Benefits's Natasha Huggett-Henchie offers some retirement finance hacks to combat the shortfall.
Simon offers his thoughts on why buying the winners and ignoring the losers is the best strategy. Mark as Listened
David Shapiro is Deputy Chairman at Sasfin Securities Pty Ltd. and Viv Govender is a
Wealth Manager at Rand Swiss Mark as Listened
Robert Towell from Sasfin Securities joins Business Day TV for a broader look at the day's market movers. Mark as Listened
‘It's high on the theft list and we see an increase in these incidents. I don't think it's going to become less; I think it's just going to become more,’ says Wynand van Vuuren, client experience partner at King Price Insurance. Mark as Listened · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A roundup of news updates, including a look at what's behind the increase in solar panel theft in SA.
City of Tshwane municipal workers continue their fight for higher wages and the impact of truck attacks on the citrus sector. Mark as Listened · Moneyweb
‘We found the investment still intact, despite what's happening at the moment’: Tasneem Samodien – Private Clients by Old Mutual Wealth. Mark as Listened
eThekwini is warning residents to be on the look out for bogus water meter readers. Mark as Listened · Website
Lonwabo Maqubela from Perpetua talks the US Federal Reserve's rate decision.
PSG Asset Management's Gustav Schulenburg on ignoring headlines and focusing on the businesses you’re investing in.
Tasneem Samodien from Private Clients by Old Mutual Wealth on their Amazon investment even as the company lost $2.7 billion and RoE went negative. Mark as Listened
Tech-enabled businesses have represented exciting growth opportunities for investors and tech startups continue to show year-on-year growth in funding across the continent. Business Day TV unpacked South Africa's technology investment potential with Nchaupe Khaole, Chief Investment Officer at Mineworkers Investment Company. Mark as Listened
The SA Cabin Crew Association says the Takatso Consortium's takeover of SAA should not be at the expense of workers. Mark as Listened · Website
A roundup of news updates, including a look at how much longer motorists will have to pay e-tolls despite the ANC announcing they would be scrapped. Mark as Listened · Moneyweb
Dwellings with well-maintained solar installations are certainly selling faster: Dominique d’Hotman – ooba Solar. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Mia Kriegler from Kruger International looks at the Shoprite trading update that saw R1.1 billion spent on diesel and flat like-for-like growth after internal inflation.
Ooba's Dominique d'Hotman on how a solar installation can increase the equity in the value of your home.
Denise Hartley from FNB on the difference between debt consolidation and debt review. Mark as Listened
GUEST – Portia Mavhungu is the inventor of the Para-Tube
Her invention, the Para-Tube, allows wheelchair users to use a bathroom without assistance
Raised in Laudium, Pretoria, Portia Mavhungu is the inventor of the Para-Tube, a retrofitted seat that fits in any chair with a built-in toilet using disposable, biodegradable bags giving independence and dignity to its users. Mark as Listened · Kaya FM
Kumba Iron Ore and Anglo American Platinum have both reported double-digit declines in earnings. That's as the miners had to contend with lower metal costs as well as issues at Eskom and Transnet. Business Day Tv unpacked the reports in greater detail with mining analyst, Peter Major from Modern Coporate Solutions. Mark as Listened
Independent Analyst, Karl Gevers joins Business Day TV for a broader look at the day's market movers Mark as Listened
The first witness in the Senzo Meyiwa trial has told court it's the defence that must prove that the footballer was killed by one of the people who were in the house on the night he was shot. Mark as Listened · Website
‘If he or she breaches that duty of good faith by being dishonest, lying or abusing in some way or other policies and procedures, then that is gross misconduct, which undermines the very underpinnings of an employment relationship, which justifies dismissal,’ says labour lawyer, Patrick Deale. Mark as Listened · Moneyweb
‘I would say investors should consider looking into dividend stocks again’: Schalk Louw – PSG Old Oak. Mark as Listened
Mobile operator MTN aims to challenge banks by eliminating fees for digital goods like airtime and electricity. The company hopes to attract more customers to its mobile money platform, capitalizing on the growing demand for alternative financial services. With over 289 million subscribers across Africa and the Middle East, MTN sees fintech as a key focus driven by mobile payments. Business Day TV spoke to Business Day writer Mudiwa Gavaza for more detail on the story. Mark as Listened
The DA in KZN says the devastating fire at Durban's Kennedy Road Informal Settlement has only exposed the vulnerability of the oldest and the youngest in our society. Mark as Listened · Website
On today’s show, we looked at SA’s ongoing energy crisis with experts saying the country has reached Stage 7, the SABC’s cash flow problems and Zimbabwe’s Patriotic Bill passed last week and what it means for citizens and the opposition ahead of the country’s election next month. Mark as Listened · Moneyweb
Annatjie Van Rooyen from My Wealth Investments joins Business Day TV for a broader look at this afternoon's market performance Mark as Listened
Foreign SA bond holders have dropped from 42% to 25% and investors seem to think that, regardless of the yield South Africa can offer, it's just too risky: Bianca Botes – Citadel Global. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Nick Kunze from Sanlam Private Wealth unpacks Absa's update as impairments worsen. US earnings season kicks off. Citadel Global's Bianca Botes on the impact of the country's greylisting so far and what SA's doing to get off the list. Old Mutual Wealth's Ian Ferguson as high interest rates drive corporate demand for short-term cash yielding. Mark as Listened
Police minister Bheki Cele says they'll take guidance from the Department of Correctional Services regarding the possible re-incarceration of former president Jacob Zuma. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
The Richards Bay Terminals has halted all operations following a notice to comply with environmental requirements. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
EFF leader Julius Malema doesn't believe Acting Public Protector Kholeka Gcaleka was impartial when drawing up the Phala Phala report. Mark as Listened · Website
MTN’s mobile money strategy is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Bradwin Roper, CEO of MTN SA’s financial services business.
Topics of discussion include: an exploration of MTN’s mobile money business in SA; the operator’s various attempts to succeed in the local market; disrupting traditional financial services mobiles; and the ongoing fight against physical cash by fintech players.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Detectives in the Mpumalanga province have nabbed a third suspect in connection with the latest arson attacks on trucks. Mark as Listened · Website
A Durban ward councillor has called on eThekwini Municipality to pull up its socks and deliver services to its people. Mark as Listened · Website
An elderly Bluff man has been left battered and bruised after he went head on with a home intruder. Mark as Listened · Website
Police Minister Bheki Cele says they believe the arson attacks on trucks are being coordinated from a central point in northern KZN. Mark as Listened · Website
Authorities in uMsunduzi say a project to electrify Pietermaritzburg's informal settlements will begin soon. Mark as Listened · Website
Africa’s growing cross border money transfer market is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Tendai Tizirai, market development manager at Mukuru.
The discussion focuses on the current state of remittances on the continent; regulations and the way that money is flowing in Africa; the importance of financial inclusivity; exploring Mukuru’s new Naira bank top-up feature; benefits of simplifying money transfers process; understanding
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
‘The consumer is seeing this no longer as a channel just for top-up shopping, they're seeing more attractive prices for some of their day-to-day goods versus modern trade stores and ultimately that does benefit them,’ says consumer panel commercial lead at NielsenIQ, Steve Randall. Mark as Listened · Moneyweb
So far only a handful of stocks have benefited from the AI hype and the underlying market has remained relatively subdued: Sean Kelly – Paragon Wealth Managers. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A roundup of news, including a look at the motives behind the torching of trucks in SA.
A look at why the NIA isn't sounding the alarm over coordinated truck attacks, concerns over the Sars auto assessment process and will Threads really prove to be the 'Twitter Killer'? Mark as Listened · Moneyweb
On The World Show with NickyB Kaya 959 it’s a jam-packed double bill, starting with a chat and special guest mix from the legendary DJ Kemit, ahead of his upcoming performance on 15 July with Vick Lavender Bahama Bar in KwaThema.
Picat Da Italian Mark as Listened · Kaya 959 · Kaya FM
Consumers are suddenly more willing than ever to dip into savings for experiences, notes Paul Donovan of UBS Global Wealth Management. Mark as Listened
Chantal Marx from FNB Wealth and Investments talks packaging companies … Nampak is in trouble, Caxton is at almost five-year highs and Mpact is drifting. Are any offering value? UBS Global Wealth Management's Paul Donovan on the inflationary impact of Taylor Swift and Beyoncé music tours. Ernest North of Naked Insurance, talks insurance fraud and its impact on individuals, premiums and how data can help fight it. Mark as Listened
The Road Freight Association says it believes the arson attack on trucks on the N3 was a coordinated attack on the road freight sector. Mark as Listened · Website
The KZN Transport department has confirmed the N3 toll route on Van Reenen's Pass is now open. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
The Hawks are working to trace the owner or intended recipient of a consignment of drugs seized at OR Tambo International Airport. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
A roundup of news, including a look at how SA could put an end to illegal mining.
A look at plans by the SABC to effectively collect TV licence fees, the relevance of unions and a group of scholars translates George Orwell's Animal Farm into Shona. Mark as Listened · Moneyweb
This is to encourage ethical behaviour and due care by auditors, though auditors are generally doing a very good job – Imre Nagy from the IRBA. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Kea Nonyana from EA Capital takes a look at opportunities in the commodity space.
Irba's Imre Nagy on new fine limits for offenders raised to R25 million and restrictions on the board's jurisdiction as it no longer oversees chartered accountants.
Navigating portfolio rebalancing: Simon's insights on the process and risks. Mark as Listened
Martin Smith from Anchor Capital joins Business Day TV for a broader look at the day's market movers. Mark as Listened
David Shapiro is Deputy Chairman at Sasfin Securities Pty Ltd. and Viv Govender is a
Wealth Manager at Rand Swiss Mark as Listened
Grant applicants who brave the cold from the wee hours of the morning are often disappointed when Sassa officials tell them to leave and come back another day as soon as doors open. Mark as Listened · City Press
‘We are owed over R4 billion by the six municipalities, and we are trying and negotiating with municipalities… and also following the intergovernmental process so that we do get money from these municipalities,’ says spokesperson at Rand Water, Makenosi Maroo. Mark as Listened · Moneyweb
Fiscal officials are being overburdened with work that ordinarily should be handled by SA’s provinces, municipalities and SOEs, notes Isaah Mhlanga from RMB. Mark as Listened
Jacobus Brink from Novare joins Business Day TV for a broader look at this afternoon's market performance Mark as Listened
Members of the Public Servants Association have raised issues of overtime pay, staff shortages and security during a picket at Dr Pixley Ka Isaka Memorial Hospital in KwaMashu. Mark as Listened · Website
A round-up of news updates, including the risks associated with the new grid rules and SA's tech skills shortage and the Banyana Banyana-SAFA saga Mark as Listened · Moneyweb
The tremendous amount of rain in the Western Cape has also drowned various orchards out and washed away infrastructure – Citrus Growers Association president Justin Chadwick. Mark as Listened
Sanlam's Nick Kunze talks markets we hit the half-year mark … the Nasdaq had the best start to a year ever while local was a mixed bag. Justin Chadwick from the Citrus Growers Association discusses the EU's latest restrictions on orange imports. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
SAFTU and the Qina Mshayeli National Public Transport Workers Association have threatened legal action over the employment status of minibus taxi drivers. Mark as Listened · Website
COSATU is taking to the streets to protest the state of the country's economy. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
The SAPS in Durban says officers will be deployed in their numbers at this weekend's Hollywoodbets Durban July. Mark as Listened · Website
Greenpeace Africa has called on the South African government to take urgent climate action as extreme weather conditions continue to hit the country. Mark as Listened · Website
KZN Cogta officials have confirmed that the number of people killed in Tuesday's storm in eThekwini and Ugu has climbed to four. Mark as Listened · Website
The South African Weather Service says a landspout is what residents of Inanda and Phoenix witnessed yesterday afternoon amid heavy downpours. Mark as Listened · Website
Detectives are working to find the killers of Richards Bay councillor, John Myaka. Mark as Listened · Website
Annatjie Van Rooyen from My Wealth Investments joins Business Day TV for a broader look at this afternoon market performance. Mark as Listened
A round-up of news, including a look at the weather forecast in KZN following a tornado on Tuesday. Tourism businesses in KZN raise concerns over beach closures, a look at the problem of illegal mining in SA and how to avoid falling prey to phishing scams. Mark as Listened · Moneyweb
Steven Beattie from Steven Beattie Tuition shares his thoughts around possibly disproportionate executive pay and bonuses. Mark as Listened
The heavy storm that pummelled parts of KZN damaged around 50 homes in Inanda's Dube Village, north of Durban. Mark as Listened · Website
Independent analyst Jimmy Moyaha unpacks the Naspers and Prosus plan to untangle their cross-holding web after just four years.
Steven Beattie, independent analyst, on shareholder rights around executive remuneration.
Kenny Meiring of SFP Wealth talks efficiently managing taxes at the start of retirement Mark as Listened
Emigration is posing a risk to South Africa's tax system According to the Africa Wealth Report, the number of high-net-worth South Africans with more than $1 million in 'investable wealth' declined by 690 to 37,800, with 400 of them having emigrated in the past year. The exodus has raised concerns around the country's tax revenue and economic growth, as the tax system relies on a few top-earners. Business Day TV spoke to Investec Economist Lara Hodes joins us now for her take on what this means for the economy Mark as Listened
Gary Booysen from Rand Swiss joins Business Day TV for a broader look at the day's market movers Mark as Listened
Disaster management teams have arrived in Inanda, north of Durban after a storm hit, damaging some homes and other infrastructure. Mark as Listened · Website
Up to the minute analysis of the action on the JSE Securities Exchange and international markets.
A fascinating wrap of the JSE day with some of South Africa’s most prolific and respected commentators. All the major movers analysed, corporate results laid bare, and fascinating inside stories of who is doing what, and why. Arguably, our most important feature for investors, and comes to you daily. Mark as Listened
‘Right now, we have 235 000 young people placed as school assistants in 23 000 schools in the country. That is the biggest youth employment programme the country has seen,’ says Dr Kate Philip, programme lead: Presidential Employment Stimulus. Mark as Listened · Moneyweb
Authorities say no major incidents have been reported on the south coast where heavy rain has been falling since last night. Mark as Listened · Website
Tourism KZN is gearing up for a bumper holiday season over the school winter break. Mark as Listened · Website
The death toll from this morning's truck accident near Zinkwazi has risen to three. Mark as Listened · Website
The use of technology to change how medical prescriptions are administered in SA is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by co-founders at EMGuidance: Dr Mohammed Dalwai and Dr. Yaseen Khan.
The team details their plans for growth; its business model; health care issues that can be solved with technology; funding requirements for the business; and expansion beyond SA’s boarders.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
‘I think as a country, we haven't had a serious discussion and debate around how we feel honestly about transformation and confronted our own stereotypes and our own fears around this particular matter,’ says chairperson for the Commission for Employment Equity, Tabea Kabinde. Mark as Listened · Moneyweb
KZN Education says classes for the Wniter School Programme get under way this week with 10 000 matric pupils taking part. Mark as Listened · Website
A round-up of news updates, including a look at the latest Employment Equity report.
What’s at play in Russia as the Wagner Group turns on Putin, the National Energy Crisis Committee gives an update on SA's energy plans and the benefits of gender-inclusive bathrooms. Mark as Listened · Moneyweb
During a ‘flight to quality’ a quality strategy typically performs well: Rademeyer Vermaak – STANLIB. Mark as Listened
Two people have been killed in a horrific truck crash near Zinkwazi, on the KZN north coast. Mark as Listened · Website
Sithembile Bopela FNB talks Transaction Capital. After announcing a funding deal for Gomo the share has slipped even further, now trading below 600c. Value or value trap?
STANLIB's Rademeyer Vermaak offers insights on value in the local market and takes a look at different investment strategies.
Martin Soderberg from Spear Capital unpacks favourable exit techniques for an unlisted investment. Mark as Listened
Border Police within the Ngqura sea port in the Eastern Cape have seized 32 blocks of cocaine said to be worth a street value of R12.8 million. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
KZN Transport says efforts to revive the province's key road and rail-networks will not only ensure safety but that the local economy's expected to thrive also. Mark as Listened · Website
Employment and Labour Minister Thulas Nxesi has hit back at critics of the proposed amendments to the Employment Equity Act. Mark as Listened · Website
The recovery of low cost air travel amidst a economic downturn is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Kirby Gordon, chief marketing officer at FlySafair.
Key points include an understanding of what domestic air travel sector can tell us about the state of the economy and health of consumer pockets; what does the market look like with less companies offering domestic air travel; how is FlySafair coping with demand; as well as its current strategy and plans for the future.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
The KZN Legislature's Conservation and Environmental Affairs Portfolio Committee says there's been an increase in reports of illegal mining in the province. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
The Minister in the Presidency says Cabinet will soon receive a progress report on the implementation of the recommendations of the State Capture Commission of Inquiry. Mark as Listened · Website
Chief Justice Raymond Zondo says he has little faith in Parliament's ability to prevent a repeat of state capture. Mark as Listened · Website
The chairperson of the SA AIDS conference says burning issues like HIV stigma and discrimination are hampering efforts to end the epidemic. Mark as Listened · Website
Imtiaz Suliman from Sentio Capital joins Business Day TV for a broader look at the day's market movers Mark as Listened
Eskom's Chief Strategy Officer says it's the employees who will save the embattled power utility, not the board. Mark as Listened · Website
China and South Africa established diplomatic relations in 1998 and trade volumes between the countries have increased significantly over the years. Trade volumes in 2021 stood at R544 billion from the R1 billion registered in 1998. Business Day TV unpacked these relations with Consul General of the People's Republic of China in Johannesburg, Tang Zhongdong. Mark as Listened
The growing use of cash back and reward programs by cash strapped South Africans is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Dov Slowatek, CEO and founder of SavvySaver.
The discussion explores SavvySaver’s business model; the place of ‘cash’ in a digital economy; avoiding scams; and the use of artificial intelligence (AI) in reward systems.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
‘I think South Africa is poised to become a global leader in this space. If we don't do it now, we'll miss out,’ says head of strategic initiatives at Climate Fund Managers, Kevin Anderson. Mark as Listened · Moneyweb
UKZN’s College of Health Sciences says a new study, which will use data from patients at a Durban hospital has the potential to transform patient care. Mark as Listened · Website
A round-up of news updates, including a look at how SA’s new green hydrogen fund. A look at what advancements have been made in the fight against HIV/Aids and why SA is a biodiversity favourite. Mark as Listened · Moneyweb
Makwe Masilela from Makwe Fund Managers joins Business Day TV for a broader look at this afternoon market performance. Mark as Listened
The addition of cement goes hand-in-glove with the mining and materials company’s construction suite of businesses – Bruce Williamson, Integral Asset Management. Mark as Listened
FNB's Wayne McCurrie gives an analysis of updates from Standard Bank and City Lodge. Bruce Williamson of Integral Asset Management talks Afrimat's acquisition of Lafarge in a bid for increased construction sector dominance. Jackie Smith from Buyers Trust shares insights on first-time home buyers and essential tips for purchasing your first home Mark as Listened
Greg Katzenellenbogen from Sanlam Private Wealth joins Business Day TV for a broader look at the day's market movers Mark as Listened
The Joint United Nations Programme on HIV/AIDS says the world is not moving fast enough to stop the spread of HIV. Mark as Listened · Website
The South African Revenue Services (Sars) has published new rules for taxpayers that want to dispute moves by the taxman. Business Day TV unpacked the changes with SAICA's senior executive for Tax, Pieter Faber. Mark as Listened
‘You can imagine that if you are now going to start your own auditing firm, for example, the type of professional indemnity insurance that you need to be able to buy in order to cover all eventualities is suddenly going to escalate,’ says independent analyst, Khaya Sithole. Mark as Listened · Moneyweb
The prison escape case against Thabo Bester has been postponed to August. Mark as Listened · Website
Blurb: A round-up of news updates, including new regulations that will see auditors face tougher fines for misconduct. A look at the economic cost of the dysfunction at Transnet and the increase in demand for student accommodation. Mark as Listened · Moneyweb
‘I think there are some really skilled people in the hedge-fund industry who can offer South African investors quite a lot...but they've been hamstrung by legislation for quite some time’: Luke Richardson – PPS Investments. Mark as Listened
Ending the HIV epidemic once and for all. That is the theme for the 11th South African AIDS Conference which gets under way in Durban today. Mark as Listened · Website
AgriSA wants government to speed up the rehabilitation of damaged roads to help farmers struggling to get their produce to the market. Mark as Listened · Website
Our host Mudiwa Gavaza joins by said Gareth Friedlander, deputy CEO at Discovery Life.
Friedlander explains what these stats say about the health of SA consumers; dynamics around the type of claims being made; comparisons with the prior year; detailing what if the effects of Covid have completely disappeared; and an outlook for 2023.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
The KZN Social Development Department says officials have been sent to offer counselling to the family of a pensioner who was killed in northern KZN after being accused of witchcraft. Mark as Listened · Website
A round-up of news updates, including a look at whether the Africa peace mission to Ukraine and Russia was a success.
Consequences of false CV claims and Ugandan school attack claims 42 lives. Mark as Listened · Moneyweb
‘I think Pepkor does itself a disservice in terms of disclosure around Flash’: Keith McLachlan – Integral Asset Management. Mark as Listened
Basic Education has acknowledged the dire effects Covid-19-related disruptions have had on learning, and reading competencies in the classroom. Mark as Listened · Website
Nick Kunze from Sanlam Private Wealth talks US data and whether the country still faces a recession. Integral Asset Management's Keith McLachlan analyses the performance of Pepkor’s Flash division and Absa CIB's Shirley Webber offers insights on the growth of renewable energy across the African continent. Mark as Listened
The National Department of Transport says the driving license card production machine is back in operation. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
eThekwini Metro Police have arrested a suspect in connection with drugs worth over R47 000. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
Pushing local artists to become a large financial force in the economy is hip-hop artist Slikour’s aim with his entry into financial technology (fintech).
Our host Mudiwa Gavaza is joined by Slikour - real name Siyabonga Metane - in this edition of the Business Day Spotlight.
Topics of discussion include: Slikour’s entry into the fintech market; ways in which local artists can be a bigger financial force to the economy; some of the financial burden carried by local creatives; and how artists can find financial freedom through creative pursuits.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
A Pietermaritzburg man accused of killing his wife has been denied bail. Delana Rawlins was shot dead in Ashburton just over a month ago. Mark as Listened · Website
A round-up of news updates, including a look at whether South Africans should be concerned about government's plans for smart geysers.
A look at how policing should work in SA and land reform myths explained. Mark as Listened · Moneyweb
‘The vast majority of what you're paying for is accidents. A very small percentage of your insurance premium is to cover thefts or hijackings’: Naked co-founder Ernest North. Mark as Listened
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Listened · Website
The Constitutional Court has dismissed suspended public protector Busisiwe Mkhwebane's urgent application for direct access over her impeachment inquiry. Mark as Listened · Website
Parliament says it will not be drawn on allegations of bribery laid bare by suspended public protector, Busisiwe Mkhwebane. Mark as Listened · Website
Independent Analyst, Karl Gevers joins Business Day TV for a broader look at the day's market movers Mark as Listened
Increased competition and costs related to load shedding have knocked Telkom. During the annual period, the company slipped into the red, recording a loss of R9.97 billion. Business Day TV caught up with Irnest Kaplan, telcos analyst from Irnest Kaplan Analysts, and he shared his perspective on Telkom's performance. Mark as Listened
The National Assembly has passed the NHI Bill which seeks to introduce universal healthcare in South Africa. Mark as Listened · Website
‘What is the situation in Carbo Delgardo, where that gas is coming from? We don't know and we don't know the details. So I think we should demand them, especially if any public funds are going near this,’ says energy research consultant, Hilton Trollip. Mark as Listened · Moneyweb
Whatever your investment style, ‘remaining diversified is a key metric for long-term portfolio returns and risk mitigation’: Sean Kelly – Paragon Wealth Managers. Mark as Listened
GUEST – Mongezi Mtati, senior brand strategist at Rogerwilco
Key insights :
· Township consumers are increasingly prioritising value over brand loyalty, with 59.3% stating price as primary consideration when choosing a product
· A strong sense of loyalty exists towards local shops and brands, evidenced by 23% of respondents who spend 25% to 50% of their income within the township · Spaza shops are witnessing a year-on-year increase in the number of daily shoppers
· The popularity of home-grown brands is on the rise among township consumers · Local fashion brands, led by Bathu, are attracting significant spending by township residents, followed by Drip and Amakipkip · Township-based delivery services are experiencing a surge in growth
· Wider and more accessible internet access is creating more opportunities for online work · Stokvel community is undergoing a notable shift towards younger and more tech-savvy members Mark as Listened · Kaya FM
Up to the minute analysis of the action on the JSE Securities Exchange and international markets.
A fascinating wrap of the JSE day with some of South Africa’s most prolific and respected commentators. All the major movers analysed, corporate results laid bare, and fascinating inside stories of who is doing what, and why. Arguably, our most important feature for investors, and comes to you daily. Mark as Listened
The state of the television sales market in SA is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza joins by Michael van Lier, vice-president for consumer electronics at Samsung SA.
Topics of discussion include: the state of SA’s television market; Samsung’s share of sale in SA and globally; trends in TV technology; growth of premium offerings; and the company’s local manufacturing capacity.
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
Telkom's share price has jumped on news that former CEO Sipho Maseko, together with a group of investors, is making a move to take a large chunk of equity in the telecom operator. To unpack the detail around the story, Business Day TV spoke to Business Day writer, Mudiwa Gavaza. Mark as Listened
The Provincial Taxi Violence Task Team has been roped in to investigate the murder of a female taxi boss in Durban South. Mark as Listened · Website
A round-up of news updates, including a look at warnings from the Sarb that sanctions would damage SA’s economy, why Charlotte Maxeke Hospital is cancelling thousands of surgeries and what qualities the new Eskom CEO will need. Mark as Listened · Moneyweb
As poor as the economic outlook might look for South Africa or the UK, for instance, valuations look very, very attractive in some of these markets: Ross Biggs – M&G Investments. Mark as Listened
IT system disaster recovery amidst increasing power uncertainty is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Steve Porter, MD of IronTree.
Topics of discussion include: what is disaster recovery; impact of load shedding on keeping data and other sensitive information safe; advice on how businesses - small, medium and large - can keep data safe; and
Business Day Spotlight is a TimesLIVE Production. Mark as Listened
On The World Show we’re keeping it musical as we Celebrate Africa through sound!
We’ll also be joined by DJ, producer and sound designer Nina Maluks. He’ll be treating us to a guest mix and chatting about his brand new vinyl release called C.O.N.Q.U.E.R.E.D, a soulful, deep house album that incorporates live elements and inspires us to have strength in conquering any circumstances. Mark as Listened · Kaya 959 · Kaya FM
Caroline Cremen from AdviceWorx joins Business Day TV for a broader look at the day's market movers Mark as Listened
A round-up of news updates, including a look at last week’s G7 meeting, Grain SA raises concerns over the availability of farmland and a look at whether WhatsApp’s new edit feature is worth it. Mark as Listened · Moneyweb
GUEST – Marilu Smith – Research consultant at Red Fox Insight
Food is the biggest monthly expense for the majority of South Africa's taxi commuters, but despite high levels of unemployment, many are still able to make ends meet, either through a side hustle, a Sassa grant or through family support. This is among the insights from the latest Kasi411 taxi commuter data (March 2023), generated through a partnership between market research agency, Red Fox Insight, and Sebenza, a new digital platform that offers free Wi-Fi on over 2,000 South African taxis and busses nationwide. As the cost-of-living increases – with food inflation hitting a 14-year high in March of 14.4% – the impact of basic goods and necessary items is putting pressure on consumers’ pockets. So, it comes as no surprise that the Kasi411 data showed that food is the biggest monthly expense for almost half of 698 taxi commuters who were surveyed. Despite this, 42% said they still enjoy smaller luxuries, like purchasing games for their phones. Mark as Listened · Kaya FM
Up to the minute analysis of the action on the JSE Securities Exchange and international markets.
On busy days our resident stockbrokers will set the scene for the JSE day ahead just after the opening of the exchange. Whether it be because of a big night on Wall St or the release of a JSE company’s results, we’ll bring you the very latest movements. Mark as Listened
We’re Celebrating Africa this month on The World Show!
And this Sunday our special guest is the acclaimed multi-instrumentalist, Volley Nchabeleng.
Having toured the globe for over 20 years, Volley has gained International respect as one of the greatest exponents of African indigenous instrumentation.
We’ll be chatting about his upcoming
Africa Day Celebration Concert and sharing sounds from his soon-to-be-released live album ‘One night in Africa’. Mark as Listened · Kaya 959 · Kaya FM
Carmen Mpelwane from Sanlam Investments talks the DRD Gold and Barloworld updates. Andrew König of Redefine on results as diesel costs hurt local profits and office rentals continue to struggle. Karooooo's Zak Calisto unpacks their latest FY results. Mark as Done
GUEST: Leila Patel is professor of Social Development Studies, University of Johannesburg
Although social grants are spent largely on food, there is growing evidence that they are also used for productive investments in livelihood activities. These are actions people undertake to meet their basic needs such food, shelter and clothing. Recipients find various ways to “grow” their grant by engaging in informal work and other income generating activities. Mark as Done · Kaya FM
'A delivery mindset is key to kickstarting growth and job creation in the tourism sector,' says Tim Harris, the agency's new interim board chair. Mark as Done · Moneyweb
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done · Website
Martin Smith from Anchor Capital joins Business Day TV for a broader look at this afternoon market performance Mark as Done
A round-up of news updates looking at the latest leadership changes at SA Tourism, whether Eskom can afford to exempt some electricity users and who is sabotaging the University of Fort Hare’s corruption cleanup. Mark as Done · Moneyweb
Central banks are diversifying their reserve portfolio and adding gold for various reasons: Joe Cavatoni – World Gold Council. Mark as Done
We're Celebrating Africa this month on The World Show
and this Sunday our special guest is the Chad-born guitarist and producer Caleb Rimtobaye who is best known as Afrotronix.
With the aim of presenting a different image of Africa to the world, Afrotronix is making waves internationally with a daring blend that brings together Touareg blues , Chadian sai, Senegalese mbalax, Haitian kompas and West African Mandingo with deep house, dubstep and techno grooves! Mark as Done · Kaya 959 · Kaya FM
This week on we joined by 3 members of SA’s legendary band, the African Jazz Pioneers. We’ll be honoring their achievements over the past 4 decades and celebrating their soon-to-be-released new album, called ‘Hello Hello “A Forty Year Anniversary’. Mark as Done · kaya fm · Kaya FM
We are talking to clients about how to keep going, prepare, and stay resilient and agile: Christie Viljoen – PwC South Africa. Mark as Done
GUEST – Edward Makwana, General Manager of Legacy Motor Group
The pace of transformation within vehicle dealerships remains woefully slow, and urgent action is needed if the automotive industry is to achieve true transformation, warns Mpho Dipela, chair and shareholder of the Legacy Motor Group (LMG).
“A lack of diversity and representation in dealerships has become an increasingly pressing issue within the automotive industry. There are still only a few major black dealer principals within this space rather than achieving broad-based transformation and empowerment, and there is a particular lack of black and female employees at the middle to senior management level,” he says.
“Given the importance of the sector as an economic driver and job creator, industry stakeholders and particularly manufacturers urgently need to increase focus on skills development, job creation and ownership throughout supply chains.”
Demonstrating the significance of the sector, the National Association of Automobile Manufacturers of South Africa (Naamsa) notes the automotive industry currently accounts for about 4.3% of South Africa’s GDP, 17.3% of the country’s total manufacturing output and represents the fifth-largest export sector. Mark as Done · Kaya FM
Eskom has resumed load shedding, and while the intensity of the power cuts may have eased, the business sector remains under pressure. Business Day Tv caught up with John Dludlu, CEO of the Small Business Institute for a look at how SMEs have been faring in this environment. Mark as Done
Nick Kunze from Sanlam Private Wealth joins Business Day TV for a broader look at the day's market movers Mark as Done
EFF leader Julius Malema has tabled his party's motion of no confidence against National Assembly Speaker Nosiviwe Mapisa-Nqakula. Mark as Done
High net worth individuals across the world, including in SA, continue to look for safe places to invest their money for stability and growth.
Our host Mudiwa Gavaza is joined by Seamus Rocca, CEO ofXapoPrivateBank, in this edition of the Business Day Spotlight.
Topics of discussion include: Xapo's business model; growth of private banking services; ways in which people can preserve and grow their wealth in the current economic environment; and increasing use cyrptocurrency as an asset class for large institutions and the wealthy.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
‘There's always a silver lining to load shedding, and I think one is the QSR market’: MD Tim Holden. Mark as Done
GUEST - Mzwanele Ntshwanti – Economist and UNISA Lecturer
South Africa has long been described as the “protest capital of the world”. But the protests have largely been confined to townships and informal settlements. The student protests of 2015-2016 suggested that this was beginning to change, with students of all races marching to places such as the ANC’s Luthuli House headquarters, Parliament and Union Buildings. But the most recent marches were the first time in post-apartheid South Africa that such a united force was seen against a president and the ANC. Mark as Done · Kaya FM
On The World Show we’ll be joined by vocalist, Thandeka Dladla from The Unity Band.
This 8-piece Cape Town-based ensemble brings together a diverse collective of young independent South African musicians, who have come together to create a new music which explores the cultural diversity of our country.
We’ll be celebrating their brand new 2nd release ‘Breaking Bread’ Mark as Done · Kaya 959 · Kaya FM
Louis Storm from Vega Capital joins Business Day TV for a broader look at this afternoon market performance Mark as Done
Police are working to identify a man whose body was found near Blythedale Beach in KwaDukuza. Mark as Done
‘Within the unlisted environment you've more freedom’ – Kondi Nkosi, country head for Shroders in South Africa. Mark as Done
GUEST – Julius Mojapelo the CEO of The Institute of Internal Auditors South Africa
Internal auditing remains pivotal to governance. Internal audit is well placed to complete the assurance reality check. It not only assesses the quality of assurance provided but examines the relevance to the management or governance committee. Internal audit could be the key to preventing corruption and fraud in private and public organisations.
It has traditionally been seen as a monitoring function for businesses and tolerated as a required element of organisational management but considered an obligation to the accomplishment of significant corporate objectives. Its role is to essentially offer value to an organisation.
There are still many challenges faced particularly in the leadership space in our country where more is needed to advocate good governance practices. Professionals in the governance, accounting and auditing sectors have a key role in promoting good governance principles, which lead to improving the productivity of organisations as well as increasing the adoption rate of governance principles throughout South Africa’s economic structures. Mark as Done · Kaya FM
Efforts to bring down the cost to communicate and internet in SA is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Tauriq Brown, newly appointed CEO of TooMuchWifi, who discusses his aims and plans to scale the company.
A former Rocket Internet executive and venture capitalist, Brown explains how’s the company’s business model works; problems with internet affordability in SA; actions to push up such access in poorer communities that often don’t receive much investment from internet providers; and plans for growth the Western Cape. Mark as Done
On The World Show with NickyB Kaya 959 #BestOfTheBest with special guest, the legendary Lesotho artist, Bhudaza Mapefane
Active since the ‘80s, Bhudaza first joined the iconic group Sankomota as a pianist and then later switched to saxophone.
He then went on to work extensively with Tsepho Tshola, Lucky Dube and others, and subsequently, as a solo artist, he’s released a number of successful albums. Mark as Done · Kaya 959 · Kaya FM
Many public health facilities in KZN are now having to ration health resources to ensure patients are taken care of during the Nehawu strike. Mark as Done
Claims of police torture have been made in the matter against five men accused of killing Tongaat teenager Andile ‘Bobo’ Mbuthu. Mark as Done
SADTU has accused members of Nehawu of intimidation and trying to force teachers to join the public sector wage strike. Mark as Done
The Health MEC has ordered striking Nehawu members to stop blocking access to health care in the province. Mark as Done
The Mangosuthu University of Technology says it's cooperating with the police after a former student was gunned down outside its campus in Durban. Mark as Done
Data storage for businesses is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by the team at Pure Storage: Nicolas Leblanc, vice president for Europe Middle East and Africa and Rupert Brazier, country manager for SA.
Topics of discussion include: Pure Storage’s business model; the move to create new products; sustainability; security; progress in the SA market; and plans for growth.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
IPSS Medical Rescue says one of its ambulances has come under attack from striking nurses while transporting a child in a critical condition to Stanger Hospital. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
The Road Freight Association says the multi-vehicle pile-up in Umhlanga has again highlighted the deficiencies in the regulation and management of transport in South Africa. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
President Cyril Ramaphosa says loadshedding is at the top of the Electricity Minister's to-do list. Mark as Done
Loyalty and rewards as a way to gain and keep customers for SA businesses is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Andre Fredericks, chief executive of loyalty and rewards at Sanlam Life and Savings.
Topics of discussion include: importance of loyalty and rewards in SA; the size and usage by consumers; data gained from such programs; and how to successfully implement and structure a loyalty program.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
SARS has been unable to find any record of the money brought into the country by a Sudanese businessman who purchased cattle from President Cyril Ramaphosa's Phala Phala farm. Mark as Done
We will know tonight who is in and who is out of the cabinet. President Cyril Ramaphosa is set to announce the much anticipated reshuffle at 7pm. Mark as Done
Renowned South African media personality Mark Pilgrim has passed this morning following his battle with cancer. Mark as Done · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
The South African National Taxi Council has expressed concern at the ongoing violence in the industry. This after a taxi boss from Verulam, north of Durban, was shot and killed in a hail of bullets outside his home. Mark as Done · Website
The death toll from the road crash in Groblersdal in Limpopo has risen to 16. Mark as Done
Billboards and outdoor advertising are the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Neo Molefi, CEO of Indaba Billboards & Media.
Topics of discussion include: Indaba’s business model; defining outdoor media and its components; structure of the outdoor media market; challenges faced by smaller players; and ways in which more business can be channeled beyond the top operators in the space.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
The family of murdered Chatsworth man, Bradley Singh are demanding justice for their slain brother. Mark as Done
GUEST – Cobus Loubser, Curro’s CEO
Curro Holdings have today released its results for the year ending 31 December 2022. The JSE-listed independent education provider is pleased with a solid set of results given the prevailing economic conditions.
“Curro will celebrate its 25th birthday in 2023. Our business is resilient, and we remain committed to providing excellent education to the children of Southern Africa,” says Cobus Loubser, Chief Executive Officer of Curro Holdings.
Curro’s 2022 matric class achieved excellent results after a year where its school communities flourished with enthusiastic participation in its full range of extracurricular activities. Mark as Done · Kaya FM
Higher learner enrollment numbers boosted Curro's topline during its financial year. The private school group has delivered a 17% jump in annual revenue, but this did not translate to its bottom line, as impairments and finance costs weighed on the company, resulting in a 6% dip in profit. Business Day TV spoke to Curro's CEO Cobus Loubser for more detail Mark as Done
Steven Schultz from Momentum joins Business Day TV for a broader look at the day's market movers. Mark as Done
KZN Education has welcomed the arrest of three suspected robbers believed to have been targeting teachers in Pinetown and uMgungundlovu. Mark as Done
Despite tough conditions, CEO Henry Laas notes that the mining company did very well in the first half, compared to the prior year. Mark as Done
Digital skills, literacy and economic development through technology is the focus in this edition.
Our host Mudiwa Gavaza is joined by Zandile Mkwanazi, co-founder and CEO of GirlCode.
Topics of discussion include: GirlCode’s business model; the organisation’s approach to social enterprise; work with corporate partners; and thoughts around the growing prominence of artificial intelligence.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Violence monitor Mar de Haas has expressed doubts about KZN Premier Nomusa Dube-Ncube's crime fighting plan of action for the province. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
The ANC in KZN says one of the biggest mistakes made by the ruling party was failing to thoroughly vet Andre de Ruyter before his appointment as Eskom's CEO. Mark as Done
The ANC says it's consulting with its legal team following allegations made by former Eskom CEO Andre de Ruyter. Mark as Done · Website
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
The ANC has called on the government to address the deficiencies that have resulted in South Africa getting greylisted by the Financial Action Task Force. Mark as Done
KZN Premier, Nomusa Dube-Ncube says government is focusing on increasing levels of investment in priority sectors, infrastructure and export development to improve the province's economy. Mark as Done
The mother of a north coast teenage girl who was attacked with acid says they're struggling with the fact she may never fully recovery from her injuries. Mark as Done
A review of the 2023 national budget, through the lens of the energy industry is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Hloniphizwe Mtolo, country chair of Shell companies SA.
Mtolo gives his impressions of the budget; detailing the impact of load shedding on Shell’s local operations; ways in which the company is mitigating the risks posed by loadshedding, especially for small businesses in its network of retail service stations; fuel prices; and the potential of a diesel shortage in the near future
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Pure cocaine estimated to be worth R1.3 billion has been seized at the Durban Harbour. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
King Misuzulu says South Africa is besieged by gender-based violence. He was speaking at the opening of the KwaZulu-Natal Legislature. Mark as Done
The African Transformation Movement says former Eskom CEO, Andre de Ruyter, must be summoned to appear before Parliament following his departure from power utility. Mark as Done
The Department of Public Enterprises says the R254 billion bailout for Eskom shows that government is committed to helping the utility achieve financial sustainability. Mark as Done
South Africa's economy is projected to grow by only 1.4 percent over the next three years. Mark as Done
A security company is warning thieves are turning their attention to solar panels. Mark as Done
The push for car subscription growth in SA and beyond is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Grant Wing, SA MD and country manager of Planet42.
The discussion centres on the company recent fund raise; how the funds are set to be used; growth prospects; the car subscriptions business model; Planet42’s differentiation in the market; how the business works for customers and suppliers; and pitfalls with traditional vehicle financing.
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‘We are building a significant kind of resilience into our system to be able to continue operating through various levels of load shedding and other infrastructure impacts’: CEO Gary Chaplin. Mark as Done
eThekwini Muncipality believes that cable theft was behind a mass power outage in Isipingo, south of Durban. Mark as Done
As the finance minister prepares to table his budget tomorrow, the African Transformation Movement says they hope Enoch Godongwana will outline how government will reduce its debt. Mark as Done
At Armed Forces Day, President Cyril Ramaphosa has hailed the contribution of the South African National Defence Force to the country's development. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
The IFP in KZN has raised concerns over the conditions at the new accommodation some of the flood victims in Durban have been relocated to. Mark as Done
SA’s smartphone market - who is buying phones and at what prices - is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Justin Hume, vice president for mobile at Samsung SA.
Topics of discussion include: a breakdown of SA’s smartphone market; the viability of premium devices in the local market; what determines the mix of devices sold in SA; and how Samsung view sits place in the SA market?
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
Medi Response together with a group from the Gift of The Givers Foundation who were deployed to Turkey following a devastating earthquake - have returned to South Africa. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
The Communication Workers Union says it will oppose Telkom's plans to retrench some 15% of its staff compliment. Mark as Done
Slain rapper Kiernern Forbes, better known by his stage name AKA, will be laid to rest today. Mark as Done
Family, friends, fans and industry colleagues have gathered at the Sandton Convention Centre in Johannesburg for the memorial service of rapper, Kiernan 'AKA' Forbes. Mark as Done
In this edition of the Business Day Spotlight, we look forward to the upcoming national budget presentation by National Treasury.
Our host Mudiwa Gavaza is joined by Patrick Buthelezi, economist at Sanlam Investments.
Topics of discussion include: impressions of the recently held state of the nation address; expectations for the upcoming national budget; energy availability; and an outlook of interest rates and inflation.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
The police minister says over 7 500 people were murdered in South Africa between October and December. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
Slain chef Tebello 'Tibz" Motsoane has been described at his memorial service as someone who took pride in himself and what he put out into the world. Mark as Done
As investigators probe a triple murder in Harding, taxi council Santaco has condemned the killings but says the minibus that came under fire does not belong to the association operating in that area. Mark as Done
Loadshedding has been blamed for the dip in South African business confidence in January after rebounding the previous month. Mark as Done
Nearly a year since Russia invaded Ukrainian, the Ukrainian community in South Africa and other supporters will take part in peaceful marches to protest South Africa, Russia and China's joint naval drills. Mark as Done
Social Development in KZN is calling for bail to be denied in the murder case of a six-year-old south coast girl. Mark as Done
A court date has been set for a joint application against Eskom to stop load shedding. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
‘Based on the stronger balance sheets on the corporate side, we are seeing a lot of demand for longer-term instruments coming through’: Craig Ivy – Futuregrowth. Mark as Done
South Africa's state-run companies have fallen victim to operational inefficiencies, financial mismanagement and poor governance. This includes Eskom, SAPO, Prasa, Transnet and SAA. Mark Barnes, former CEO of the SA Post Office; Bheki Mfeka, former economic advisor to the Presidency and Dawie Roodt, Chief Economist at Efficient Group joined Business Day TV to unpack the state of state-owned companies. Mark as Done
Independent Analyst Kearabilwe Nonyana joins Business Day TV for a broader look at the day's market movers Mark as Done
Implications of the 2023 State of the Nation (SONA) address on consumer pockets is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Corne Welman, franchise principal and financial adviser at Consult by Momentum.
Topics of discussion include: impressions of the 2023 SONA address; important policy items that government needs to tackle; issues that the national budget will have to address; inflation; and the ongoing pressure on consumers.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
A political analyst believes outgoing deputy president David Mabuza's resignation was a well calculated move. Mark as Done
The office of the Presidency has confirmed that it has received David Mabuza’s intention to resign from the Deputy President position. Mark as Done
The ANC in the Eastern Cape has welcomed the life imprisonment of Louis Pepping, a former subject advisor for the Eastern Cape education department. Mark as Done
The Presidency says the amount of money that SA Tourism plans to spend on a sponsorship deal with English Premier League club, Tottenham Hotspur, is unjustified. Mark as Done
A look at the SA economy from an investor’s perspective is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Jacques Conradie, CEO of Peregrine Capital.
Through the discussion, Conradie outlines Peregrine’s investment philosophy; reviews the performance of its funds in 2022; learnings from investing in Thungela; local versus international investments; and a 2023 investment outlook.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
With Umhlanga Main Beach closed again due to poor water quality - eThekwini insists it's made huge progress in fixing damaged infrastructure that's been responsible for the contamination of Durban's beaches. Mark as Done
Schalk Louw of PSG Old Oak explains the five pillars of the local index, which one can follow on Twitter. Mark as Done
Bitcoin's retreated from its recent rally, with the crypto's price remaining just above the $23,000 mark. Business Day TV discussed the activity playing out on that end with Luno's Christo de Wit. Mark as Done
Craig Pheiffer from Sasfin Wealth joins Business Day TV for a broader look at the day's market movers. Mark as Done
The potential disruption of the communications and advertising business caused by the metaverse is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Tebogo Skwambane, country manager for WPP SA.
Skwambane spends the discussion explaining the opportunity for communications firms in the metaverse; the estimated size of advertising spend already being ploughed in video games and other meta universes; and the intersection between traditional advertising and technology.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Wesley Diphoko is the Editor-In-Chief of FastCompany (SA) magazine talks about A few years ago, a technology incubator in Cape Town decided to establish a version of itself in a township based on pressure to advance transformation in the technology sector and potential to access funding.
This incubator became just another entrepreneurship programme and office space for all kinds of businesses and less about advancing technology in a township environment.
Lately, it has (together with other so called tech startup organisations), coined the term “township tech”, to potentially access funding targeted for tech projects designed to serve township communities.
How do you even begin to term a part of tech as just tech for a certain sector of society? It is disrespectful to single out tech-solving township challenges as “township tech” as if it's different from solving the same issues for the country, continent and the world.
Here’s why such a term is problematic.
Firstly, it limits the ability of a startup labelled as township tech to grow and access funding from investors. Which investor in his right mind will invest seriously in a startup that is labelled “township tech”?
Whoever coined this may have done so with good intentions, but unfortunately the unintended consequences will not do justice to young people in townships solving real challenges in society.
The truth of the matter is that there’s no such thing called township tech in the same way that there’s no “yuppie tech”.
What we have are edu tech, health tech, fintech startups that are solving education, health and financial challenges in the township environment.
A health or education challenge in a township may have minor differences with a similar challenge elsewhere, but it is still a health or education issue. To categorise health solutions with a health tech label irrespective of where they occur is the correct way.
Economic development practitioners should be careful of marginalising people and entrepreneurs around historical terms in the interest of accessing short term funding.
Technological innovations coming out of townships should be categorised correctly to receive global recognition and support. Local townships should be considered hotbeds of innovation. Mark as Done · kaya 959
ANC president Cyril Ramaphosa says loadshedding features on their priority list as one of the most pressing challenges. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
DA leader in KZN Francios Rodgers has hit back at the ANC KZN's suggestion this week that ANC-led municipalities should take action against NERSA and Eskom for implementing tariff hikes. Mark as Done
The Public Servants Association has lamented the state of policing in the country, and says the President needs to step in. Mark as Done
In this edition of the Business Day Spotlight, our host Mudiwa Gavaza is joined by Annabel Bishop, chief economist at Investec.
The MPC expects the economy to grow by 2.5% in 2022, compared with its previous prediction of 1.8% in November.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Three people are behind bars after being found with R500 000 worth of drugs at a lodge in Durban. Mark as Done
An economist believes the Reserve Bank's rate-hiking cycle is coming to an end. Mark as Done
The Reserve Bank is forecasting GDP growth of just 0.3% in 2023 as a result of extensive load shedding and other logistical constraints. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
KwaZulu Natal is beaming after tourist numbers over the festive season beat expectations. Mark as Done
The JSE has stripped Fortress of it REIT status, saying the property company no longer meets its minimum requirements. This follows a tussle between shareholders and executives, as they failed to reach an agreement on Fortress’ dual share structure. Business Day TV caught up with the company’s CEO, Steven Brown and CFO, Ian Vorster for more detail. Mark as Done
Imtiaz Suliman from Sentio Capital joins Business Day TV for a broader look at the day's market movers Mark as Done
In Mpumalanga province, there's a hunt for a cash-in-transit gang that blew up a cash van and killed a security officer. Mark as Done
Advertising is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Mfundo Ntsibande, MD at AMA.
Ntsibande spends the session explaining how media buying works; challenges faced by black owned businesses in the spaces; AMA’s new digital platform; and the impact of online advertising on the sector; Mark as Done
The DA is marching to the ANC’s headquarters in Johannesburg over the electricity crisis. Mark as Done
Electricity has returned to homes and businesses in Montclair, south of Durban, where residents have had no power since Sunday. Mark as Done
Higher Education Minister Blade Nzimande says public university enrolment is expected increase by over 41 000 this year compared to 2022. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
Opposition political parties and trade union Numsa have given the government and Eskom seven days to produce a comprehensive turnaround plan that promises to deliver a reliable power supply. Mark as Done
UDM leader Bantu Holomisa has confirmed that a coalition including Build One South Africa and Numsa will file papers at the High Court in Pretoria over the country's electricity supply. Mark as Done
Retail sales figures for November are the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Siphamandla Mkhwanazi, FNB senior economist.
Topics of discussion include: retail figures for November 2022; the economic health of households and consumers; growth in unsecured credit; and an outlook for 2023 as interest rates are expected to come down.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Here’s your latest ECR Newswatch bulletin from the team at East Coast Radio. Mark as Done
There is an active emergency scene on the north coast this morning. A body has been found at the Salt Rock Tidal Pool. Mark as Done
The National Funeral Practitioners Association says load shedding has begun making it very difficult for people to bury their loved ones as soon as they would like. Mark as Done
KZN Transport and Community Safety MEC, Sipho Hlomuka has appealed to the community of Nkandla, to end a week's long strike and open the town to economic activity. Mark as Done
The economic health of SA households is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Dr Roelof Botha, economic adviser to Optimum Investment Group.
Topics of discussion include: Afhri index components and research methodology; key findings from the index results; surprising findings; the importance of micro lending in SA; and an economic outlook for the year ahead.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Advancement in artificial intelligence is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Stephen Osler, co-founder and business development director at Nclose, a local cyber security firm.
Topics of discussion include: an explanation of what ChatGPT is; its rise in popularity in a short space of time; potential for the platform; potential security threat of the technology; and applications in SA.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
A Phoenix based foundation says they're hoping that a meeting with eThekwini Mayor, Mxolisi Kaunda will resolve the service delivery challenges in the area. Mark as Done
Eskom has confirmed that it's received a letter of demand from Mabuza Attorneys. Mark as Done
Phoenix residents are now breathing a sigh of relief after a 40-hour power outage ended yesterday. Mark as Done
The long, nail biting wait is soon to be over for hundreds of thousands of past pupils as the Matric results for the class of 2022 are set to be released this week. Mark as Done
The continuous power interruptions are putting enormous strain on the agricultural sector. Mark as Done
A DA councillor in Ward 37 says residents now live in fear following a spate of robberies and break-ins in Ashburton, in Pietermaritzburg. Mark as Done
A pulse of SA at the start of 2023 is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by the team from Oxford Economics Africa: Jacques Nel, head: of Africa macro research and Louw Nel, senior political analyst.
Topics of discussion include: the state of the political economy; impact of inflation and interest rates in year to come; performance of regional neighbours; and geopolitical risk in the year to come.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
‘The Achilles’ heel for South African equities over the last eight years has been foreigners on our market. They've been net sellers’: Independent Securities CEO Simon Fillmore. Mark as Done
An energy expert has ripped into Eskom calling Nersa's latest tariff hike announcement completely unjustifiable. Mark as Done
The office of the KZN premier has shut down the outdoor go-kart facility at the Gateway Theatre of Shopping indefinitely. Mark as Done
The idea for a four day work week in SA is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Michelle Austin, financial director of Keegor Group SA.
Topics of discussion include: the concept of the four day work week; pilots and studies from around the world being done to test the idea out; challenges holding back possible implementation; and steps being taken to move forward.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
An energy expert says the government needs to set into motion a concrete plan of action for us to see a decrease in Loadshedding this year. Mark as Done
The SA National Defence Union has condemned an incident filmed in Mozambique showing unidentified soldiers burning bodies on a pile of rubble. Mark as Done
KwaDukuza's mayor says the Stanger community's battling to come to terms with the gruesome murder of a seven-year-old boy. Mark as Done
Private security experts and investigators say it took them hours to successfully negotiate the release of four people who were kidnapped in Kranskop in the Midlands. Mark as Done
As the year begins, we look back at the decade long history of SA’s largest Black owned advertising agency.
Our host Mudiwa Gavaza is joined by Mzamo Xala, CEO Avatar Agency Group.
Topics of discussion include: the size and scope of Avatar’s business; the state of advertising in SA post the pandemic; the growth of the digital economy and its impact on advertising; what it means to own and operate an agency in the current environment; challenges faced by creative businesses; and an outlook for the industry. Mark as Done
People are currently having to resign, cash out, and pay tax to access their retirement money early: Richard Carter – head of Assurance, Allan Gray. Mark as Done
An alleged kingpin, suspected of being behind a number of kidnappings in Mozambique, is due to line up in court in Johannesburg today. Mark as Done
Police dogs have helped KZN investigators probing a child's murder in Stanger, locate the little boy's remains. Mark as Done
With the Top40 trading just off all-time highs, driven in large part by Richemont and Naspers/Prosus, Jimmy Moyaha looks at holding these stocks in 2023. Richard Carter of Allan Gray on the two-pot retirement system. Will it arrive this year and in what guise ?Miyelani Maluleke of Absa on December PMI data, as load shedding hammers manufacturing. Mark as Done
The University of KwaZulu-Natal has issued a scam alert to prospective students and their parents. Mark as Done
Weather experts say KZN residents should brace themselves for a series of thunderstorms and disruptive rains. Mark as Done
Environmental management inspectors in KZN have teamed up with eThekwini Municipality to probe allegations of illegal dumping. Mark as Done
Transport Minister Fikile Mbalula has given more details on the technical fault that led to refuelling issues at OR Tambo International last week. Mark as Done
The SA National Blood Service has sent out an appeal for blood donations as the new year kicks off. Mark as Done
KZN Premier Nomusa Dube-Ncube says the music industry in Durban won't be the same without award-winning musician Mandla Maphumulo. Mark as Done
In this Business Day “On the floor” from Nasrec Podcast Mary Papayya speaks to veteran journalist Carien du Plessis, Business Day Political reporter Thando Maeko and the Institute for Global Dialogue’s Sanusha Naidu. We take you to the heart of the contest. Hear who the front runners are and what their supporters are saying. From the Phala Phala scandal and the Digital Vibes saga - who will emerge victorious. Mark as Done
On The World Show with NickyB Kaya 959, our special guest is musician and producer, Shamrock Guitor, and we’ll be chatting about his recent trip to the UK and celebrating his brand new release ‘Gold Afro’, which features collaborations with Andy Compton, Sean McCabe, King Bizza Keys and more… Mark as Done · Kaya 959
The Young Nurses Indaba has become the latest organisation to call for the head of Eskom CEO Andre de Ruyter. Mark as Done
The ‘other’ coal miner, while benefiting from high coal prices at this stage, is also poised for the future positioning of renewables: Serfaas Badenhorst – Momentum Securities. Mark as Done
On The World Show with NickyB Kaya 959 we’re joined by the singer, songwriter Mthuthu Ndebele, best known professionally simply as Mthuthu.
Having begun his career as an Afro House musician recording with some of SA’s top producers, this year, Mthuthu realised his longtime dream of releasing a more sublime, folk sound, and with his profoundly beautiful EP ‘iNdumba’, he explores universal spirituality and the spiritual connection with self. Mark as Done · Kaya 959
Sarah Lamb, head of client service at DataEQ talks about Capitec Bank is at risk of losing customers – and if customers make good on their threats to close their accounts and leave, banks like Discovery Bank stand to be the biggest winners.
This is one of the key findings from the latest DataEQ Banking Sentiment Index.
The index is based on over 4 million consumer social media posts about South African banks from 1 September 2021 to 31 August 2022. DataEQ then analysed posts for sentiment and conversation themes.
One big area analysed by the group is churn – the movement of banking customers from one bank to the next – where the analysis of conversation topics looked specifically at author intent.
Acquisition intent speaks to the purchase intent of consumers – ie, customers looking to join a bank – while cancellation intent tracks the threads made by current customers to leave a specific bank, DataEQ said.
The net score – derived by subtracting the acquisition intent from cancellation intent – indicates how likely a bank will see customers leaving or entering their business (churn).
Using this metric, DataEQ’s data shows that among the major banks, Capitec, FNB and Standard Bank are the most likely to see customers leave, with the other banks being more likely to gain new business.
Here, Capitec is the biggest potential loser with a net intent score of -1.7%, while Discovery stands to get the most business with a net intent score of +6.5%. Mark as Done · kaya 959
Corruption Watch has urged parliament and other institutions conducting oversight to move swiftly in dealing with the recommendations outlined in the Phala Phala report. Mark as Done
A KZN man has begun serving a double life sentence for repeatedly raping two girls, aged 8 and 11, in the Madadeni area. Mark as Done
Government's announcement this week of a six-month export ban on copper and copper alloys has been welcomed by union SATAWU. Mark as Done
Millions of rands' worth of assets belonging to officials arrested in connection with fraud and corruption at uMhlatuze Waterhave been seized. Mark as Done
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.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Research shows that people have their best ideas out walking, on the beach or climbing a mountain: Jonathan Cherry of Cherryflava. Mark as Done
The presidency has postponed an address that was supposed to give Ramaphosa a chance to respond to the legal allegations he is faced with, Business Day TV is joined by Financial Mail deputy editor & columnist, Natasha Marrian for some analysis Mark as Done
Jacobus Brink from Novare joins Business Day TV for a broader look at the day's market movers. Mark as Done
Correctional Services says Janusz Walus' parole will only be finalised once he's been cleared by doctors. Walus was stabbed in prison this week. Mark as Done
PwC Africa chief economist Lully Krugel points out that we are worryingly nowhere near our 1.5% COP target for a maximum increase in temperatures. Mark as Done
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.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
Janine Horn, financial adviser at Momentum talks about Gender-based violence is an unfortunate reality for too many women in South Africa. We often think that it only includes physical, mental, and emotional abuse. That is simply not the case. Financial abuse is incredibly prevalent in South Africa and exists in a majority of abusive relationships. In fact, financial abuse accounts for 99% of domestic abuse.
Financial abuse usually occurs in subtle way but can have extremely harmful effects. It is not just prevalent in marriages or life partnerships. It can take place between family members and in the workplace and corporate worlds. It is important to note that there are different forms of financial abuse, and it is even sometimes unknown to those being abused. While getting out of any abusive situation can be challenging, it is not impossible. Mark as Done · kaya 959
Carmen Mpelwane from Absa Asset Management joins Business Day TV for a broader look at the day's market movers Mark as Done
Correctional Services Minister Ronald Lamola is yet to decide when Chris Hani's killer, Janusz Walus will be released on parole. Mark as Done
Five-thousand business owners across South Africa, Kenya and Nigeria have graduated from Google’s Hustle Academy where growing African SMMEs revenue and investment potential was a key focus. Business Day TV explored these aspects in greater detail with Siyavuya Madikane from Google SA. Mark as Done
When looking at a company like this as an investor, one concern would be the energy crisis. Vukile caters for 9% of its energy consumption: Gary Booysen – Rand Swiss. Mark as Done
Risenga Maluleke - Stats SA statistician-general talks about Statistics South Africa (Stats SA) released the results of the Quarterly Labour Force Survey (QLFS) on Tuesday for the third quarter of 2022 with a strong and positive outlook.
Between the second and third quarter of 2022, 204 000 jobs were gained. The total number of people employed in South Africa was 15.8 million in the third quarter of 2022.
The number of unemployed people decreased by 269 000 to 7.7 million.
The number of discouraged work-seekers also decreased by 54 000 to 3.5 million when compared to the previous quarter.
The number of people who were not economically active for reasons other than discouragement increased by 264 000 between the two quarters resulting in a net increase of 210 000 in the not economically active population.
Unemployement rate decreases by 1%
The QLFS results from Stats SA showed the official unemployment rate decreasing by 1.0 percentage point from 33.9% in the second quarter of 2022 to 32.9% in the third quarter.
The unemployment rate according to the expanded definition of unemployment also decreased by 1.0 percentage point to 43.1% in the third quarter.
The manufacturing (123 000), trade (82 000), construction (46 000) and transport (33 000) industries recorded the largest job gains, while job losses were recorded in finance (80 000), private households (36 000) as well as mining and agriculture (1 000) each.
Sectors that recorded job increases were the formal and informal with 235 000 and 6 000 respectively. Mark as Done · kaya 959
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. Mark as Done
A water expert says eThekwini must get to the source of the city's water quality problem to resolve it. Mark as Done
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. Mark as Done
Tamela Capital Partners provides approved additional funding to that which applicants can otherwise raise from a traditional bank, using their own equity: Vusi Mahlangu. Mark as Done
eThekwini's head of electricity says vandalism is what's caused a network outage that's affected its online systems. Some customers have not been able to buy pre-paid electricity tokens. Mark as Done
Business turnaround is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Michael Dorn, founder and CEO of RT Group, a business turnaround firm.
Topics of discussion include: RT’s business model; rationale for moving to SA; how business rescue and turnarounds work; lessons from implementing turnaround strategies at large corporates; and the need for proactive turnaround plans in SA. Mark as Done
eThekwini Municipality says it will be working with one of the country's insurers to avoid a repeat of the disaster and deaths caused by the floods earlier this year. Mark as Done
An incentive programme that helps parents provide financial assistance to schools says it is concerned about the impact of loadshedding on the economy and education. Mark as Done
Annatjie Van Rooyen from My Wealth Investments joins Business Day TV for a broader look at the day's market movers Mark as Done
Momentum in the construction sector seems to be picking up. That's as Infrastructure South Africa confirmed that about 48 projects worth R193 billion are currently being built. Business Day TV spoke to RMB's Siyanda Mflathelwa for more of the detail. Mark as Done
Durban police are still searching for those responsible for the murder of a 41-year-old man in Phoenix over the weekend. Mark as Done
Redge Nkosi, executive director at Firstsource Money, proposes stabilising the economy without using interest rates. Mark as Done
Maphefo Sipula, who is the Senior Researcher from eTTP [Entrepreneurship To The Point] talks Accelerating Women-Owned Business in Male-Dominated Sectors.
As the country commemorates the 15th annual Global Entrepreneurship Week , Entrepreneurship to the Point (Property Point) launched its first research study titled, “Accelerating Women-Owned Business in Male-Dominated Sectors: A South African Case Study”
Globally, there is a great move for development and support of Small business and Entrepreneurship but this need to be done in an inclusive way which highlights Women-owned businesses – “this is not a theme and topic” isolated to a particular month but one which is an imperative to the developmental agenda, There is a growing body of evidence around the world that shows that gender diversity is linked to innovation in business and economic growth of a country as a whole.
Therefore, we can’t commemorate Global Entrepreneurship week without reflecting on reality that Women-owned businesses continue to operate under challenging conditions, such as discrimination, economic exclusion exploitation, and stereotypes. There is a huge gender gap in terms of policies and interventions that would help women entrepreneurs. Mark as Done · kaya 959
Global satellite internet access trends are the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Sulaiman Al Ali, Yahsat’s chief commercial officer at the recently held AfricaCom telecoms conference in Cape Town.
Topics of discussion include: Yahsat’s strategy and activities in Africa; the future of integrated satellite solutions; the use of satellite communications internet of things (IoT) or connected devices like cars and sensors; and updates on Thuraya 4 NGS, the group’s latest satellite.
Business Day Spotlight is a MultimediaLIVE Production. Mark as Done
Three people have been killed and three others seriously injured in a shooting incident in the Durban CBD. Mark as Done
Interpol South Africa has arrested an Irish fugitive who's busy serving his sentence in a KZN prison. Mark as Done
CEO Kobus Gertenbach details some of the company’s major consumer brands in SA, Africa and the UK, as well as the current cost pressures on all. Mark as Done
Be very careful, thinking that these are juicy buying opportunities: Schalk Louw of PSG Wealth Old Oak. Mark as Done
Sithembile Bopela, investment analyst at FNB Wealth and Investments, on Spar results that the market did not like, and the Woolies trading update. Schalk Louw, portfolio manager at PSG Wealth Old Oak, on whether tech stocks are finally looking attractive. Luigi Marinus, portfolio manager at PPS Investments, on positioning your portfolios even amid little market respite. Mark as Done
South African Breweries is shaking things up, as it unveiled its new strategy which would position the business for future growth opportunities. Business Day TV spoke to SAB’s CEO, Richard Rivett-Carnac for more. Mark as Done
Long-serving captain of the senior women’s national cricket team Dané van Niekerk is enthusiastic about her eagerly awaited return to the fold after a long injury layoff. Mark as Done
Viv Govender from Rand Swiss Offshore joins Business Day TV for a broader look at the day's market movers Mark as Done
Dis-chem has reported upbeat half-year results, delivering a 44.3% jump in headline earnings per share as consumers shopping routines returned to pre-pandemic levels. Business Day TV unpacked the numbers with company's CFO, Rui Morais. Mark as Done
In this edition of the Business Day Spotlight, we talk about the recovery of the travel and tourism sector, through the lens of an airline.
Our host Mudiwa Gavaza is joined by Badr Abbas, Emirates senior vice president for commercial operations Africa.
Topics of discussion include: Emirates’ plans for the African market and broader Africa strategy; expansion plans for SA to recover to pre-pandemic capacity; competition within the market and Emirates’ investments in product and service offerings; together with an outlook for the coming year in travel.
Business Day Spotlight is a TimesLIVE Production. Mark as Done
‘I think the problem with office is what back-to-work will look like. Are people going to come back to work?’ MD Jeffrey Wapnick. Mark as Done
Myfleet Track is South Africas most advance fleet tracking and fleet management company offering cuting edge solutions "My Fleettrack is a tracking and fleet management company offering cutting edge tracking and fleet management solutions to a variety of industries. Our products are tailor made to suit your personal and business needs, whether its vehicle tracking, driver monitoring, routing, fuel monitoring, tire management or personal asset tracking, we have a solution for you. Our systems are extremely affordable and easy-to-use." Mark as Done · kaya 959
Warming up for the festive season, on The World Show with NickyB Kaya 959 our special guest is legendary DJ, producer and radio show host, Lars Behrenroth. With almost 4 decades in the industry, this internationally acclaimed house music icon has amassed a strong South African following, and he’s currently in town for a regional tour, so he’ll be joining us for a chat and treating us to a special guest mix! Mark as Done · Kaya 959
Joining Business Day TV for a look at the days markets action is Lonwabo Maqubela from Perpetua and Dale Hutcheson from ABSA Asset Management Mark as Done
Government’s new plan to tackle the country’s energy crisis is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Prof Sampson Mamphweli, director for the Centre for Renewable and Sustainable Energy Studies (CRSES) at Stellenbosch University.
The discussion focuses on the major points of government’s new energy plan; how long it will take to start implementing the plan; the likely challenges in addressing SA’s energy crisis; the economic opportunities that could to arise from the liberalisation; and how the market may be structured going forward. Mark as Done
A week dominated by two major themes, central banks, and locally, Eskom. As expected, the U.S. Federal Reserve raised rates 75 basis points (bps) Fed Chair Jerome Powell sounded suitably hawkish on curbing inflation in his news conference, but also dropped guidance on the size of the next rate rise and noted that "at some point" it would be appropriate to slow down. Since the Federal Reserve began what is now the fastest rate of rate hikes since 1981, it has provided meticulous detail about its future plans to tighten monetary policy. On Wednesday, that changed, with Chairman Jay Powell announcing that the US central bank would balk at offering an official running commentary on its quest to stamp out soaring inflation. By shaking hands so far, policymakers have tried to manage investor expectations and avoid periods of extreme market volatility. But the Fed has been set on fire by laying out its plans piece by piece, only to hastily change course as inflation spiralled further out of control. And the president announced his long awaited electricity plan to wide acclaim.
To put the week into perspective Michael Avery is joined by Warwick Lucas Head: Galileo Securities: Isaah Mhlanga, Chief Economist: Alexforbes & Raymond Parsons, professor in the School of Business and Governance: Northwest University Mark as Done
Cash fixed for a term won’t benefit from current interest-rate hikes: Samukelo Zwane, product head at FNB Wealth and Investments Mark as Done
Chemicals and explosives group AECI, has posted record half-year revenue and headline earnings per share supported by improved trading conditions and strong global commodity prices. Business Day TV caught up with the CEO, Mark Dytor for more on its performance. Mark as Done
Craig Pheiffer from Sasfin Wealth joins Business Day TV for a broader look at the day's market movers. Mark as Done
Importers have warned of much pricier tyres in South Africa if an application to impose anti-dumping tariffs on Chinese imports succeed. The SA Tyre Manufacturers Conference (SATMC) – which represents Continental, Bridgestone, Goodyear and Sumitomo – has applied to the International Trade Administration Commission of South Africa (ITAC) for anti-dumping duties on Chinese imports. ITAC spokesperson Thalukanyo Nangammbi says that SATMC had applied for anti-dumping duties on new pneumatic tyres (rubber tires that are filled with air and mounted around wheels) for cars, as well as for tyres used on buses or lorries imported or originating from China. Mark as Done
Ellies needs ‘a little light fairy’, ARB/Sabvest shines bright in solar, Reunert has cables and Renergen is about to ‘switch on the gas’: Anthony Cark – Small Talk Daily. Mark as Done
Eight people accused of defrauding the Labour Department's COVID-19 Temporary Employee Relief Scheme of over R2.4 million have been arrested in Durban. Mark as Done
Equities having picked up last week has probably been the major catalyst for the run in the crypto market, reckons Luno’s Marius Reitz. Mark as Done
These ‘really are the kind of companies that have proven their track record through cash flow and dividend payments,’ explains Chris Rule of Core Shares. Mark as Done
Eskom has confirmed that its striking employees have returned to work, after the state utility and unions agreed to go back to the negotiation table. Eskom had intensified power cuts after workers embarked on an unprotected strike following a breakdown in wage negotiations.Business Day TV discussed this in detail with the National Spokesperson of Numsa, Phakamile Majola-Hlubi and Energy Analyst, Ted Blom. Mark as Done
Makwe Masilela from Makwe Fund Managers chose Sun International as his stock pick of the day Mark as Done
Teachers' union NAPTOSA has called on principals and governing bodies to be mindful of different cultural demands within schools. This after a 15-year-old pupil from Ndwedwe took her own life after being suspended from school, apparently for putting on her traditional attire after receiving an ancestral calling. Mark as Done
Bringing down the cost of stock market investment is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Sebastian Patel, Franc’s COO and Thomas Brennan, Franc’s CEO.
Topics of discussion include: Franc’s business model; the problem that the company is looking to solve; how the business has been funded; new products; plans for the future; and trends in the retail investment sector. Mark as Done
The market clearly now has doubts about the business, and this is why it trades at such a massive discount to its NAV: Craig Antonie of AnBro Capital. Mark as Done
Stage 6 load shedding has been confirmed from 16:00 to 22:00 on Tuesday evening after Eskom lost 10 generating units overnight, Eskom CEO Andre de Ruyter announced at a hastily arranged media briefing on Tuesday morning. Stage 6 has only been implemented once before, on 9 December 2019, he said.
“Three of the 10 generation units that had tripped during the night have been returned to service. This, however, is still insufficient to stave off the implementation of Stage 6 load shedding for this evening and tomorrow evening. We currently have 3 218MW on planned maintenance, while another 17 621MW of capacity is unavailable due to breakdowns,” the utility said in a statement issued just after 14h00 on Tuesday. Mark as Done · Kaya 959
The Organisation Undoing Tax Abuse has urged the energy minister to extend the R1.50 general fuel levy relief by at least another month. Mark as Done
The different ways in which buy now pay later (BNPL) is being applied in SA’s retail landscape is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Craig Newborn, CEO of PayJustNow.
Topics of discussion include: PayJustNow’s journey as a business; the growth of BNPL in SA and other parts of the world; debt culture in SA; the growth of online retail spurred on by Covid-19; consumer trends in BNPL; the use of short term credit option in physical retail; and an outlook of how the space is likely to evolve over time. Mark as Done
Should banks incentivise customers to take out or add to bonds for solar panels or, say, a water-reticulation system, there could be a big market there: Craig Ivy – investment analyst, Futuregrowth. Mark as Done
Sanlam's Nick Kunze asks whether markets have bottomed after a strong week for US bourses. Edmund Higenbottam of Verdant Capital chats global trends in the private equity funds space. Craig Ivy from Futuregrowth on green bonds. Mark as Done
Soaring inflation, cost pressures and dwindling economic prospects for consumers, business and government, is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Jeffrey Schultz, senior economist at BNP Paribas SA.
Topics of discussion include: the latest consumer price index (CPI) figures for SA; reasons for the continued increase in living costs; ways in which governments and central banks around the world can work to stem the economic bleed; and rethinking globalisation. Mark as Done
A Durban policeman who shot and killed his 12-year-old son last weekend, after he allegedly mistook him for an intruder will be allowed to attend his child's funeral. Mark as Done
The final report of the Zondo Commission into State Capture: with the handing over by Chief Justice Raymond Zondo of his 1800 page final report to President Cyril Ramaphosa in Wednesday the lengthy and tortuous road towards uncovering the truth about state capture corruption and fraud in SA has now reached a long-awaited formal interrogative conclusion. Although the Zondo Commission has often been criticized for not meeting its deadlines, after nearly four years of investigation by the Zondo Commission the massive and cumulative amount of evidence revealed by it nonetheless remains overwhelmingly large to manage. Globally, gauges of factory activity in Japan, Britain, the euro zone and United States all softened in June, with U.S. producers reporting the first outright drop in new orders in two years in the face of slumping confidence. read more Bonds rallied hard on hopes the bets on aggressive rate hikes would have to be curtailed, with German two-year yields down 22 basis points in their biggest drop since 2008. European Central Bank and Federal Reserve speakers will be watched closely later in the day, as will British retail sales data and German business confidence. Beyond that, the main worry is what it all means for company performance.
Lots to discuss with Warwick Lucas Head of Galileo Securities; Raymond Parsons, professor in the School of Business and Governance at Northwest University & Isaah Mhlanga, Chief Economist at Alex Forbes Mark as Done
Rather than using extra cash to pay off your mortgage faster, put additional money into a personal investment vehicle from which you can withdraw if needed: Marcel Wasserman, independent financial and investment advisor. Mark as Done
The Shoprite Group has launched Shoprite Next Capital – a new business division dedicated to capacitating and growing commercially-viable small businesses. This forms part of the group’s continued efforts to give small suppliers access to its consumer market.
As drivers of growth, job creation and innovation, SMMEs are crucial to the recovery of the South African economy, and Shoprite Next Capital is the formalisation of the key role the Group plays in the success of SMMEs by giving them access to its consumer market, said Maude Modise, general manager for enterprise and supplier development at the group. Mark as Done · Kaya 959
A ship carrying trucks in the Durban Harbour also had a consignment of cocaine. And it's estimated to be worth R111 million. Mark as Done
South Africa’s banking sector continues to ride the waves of global uncertainty and low local growth without too much alarm, setting its sails for growth where it can and trimming then when the clouds of risk appear on the horizon.
While South Africa is frequently slow to adopt new technologies, its banking industry is regarded as one of the most digitised and advanced in the world. Intellidex recently launched a new monthly review newsletter and if as Mark Twain reckons “A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.”
We’re going to assess the weather over the last month in the local banking sector with Nolwandle Mthombeni, Senior Banks Analyst at Intellidex & David Buckham, CEO of banking and insurance consultancy Monacle Solutions Mark as Done
JSE-listed chemicals manufacturing group Omnia Holdings experienced favourable market conditions in the agriculture and mining sectors in the financial year ended March 31, including high commodity prices, which helped boost its operating profit by 123% year-on-year to R1.7-billion.
The board declared a total shareholder distribution of R1.4-billion, comprising an ordinary dividend of 275c apiece and a special dividend of 525c apiece.
The company says its latest results reflect an exceptional operating performance, which was enhanced by diligent strategic execution. Mark as Done · Kaya 959
Lonwabo Maqubela from Pepetua chose Massmart as his stock of the day and Independent Analyst Chris Gilmour and chose Satrix India ETF Mark as Done
Residents of Umlazi's Glebelands Hostel say they are feeling neglected and left to pick up the pieces alone after the recent KZN floods. Mark as Done
It’s been frantic week in the political economy with the dirty tricks bag being emptied against a reforming president clamping down on corruption. Shortly after the arrest of former Transnet CEO Siyabonga Gama, disgraced former spy boss Arthur Fraser who was so central to former president Zuma’s State Capture network as outlined by journalist Jacques Pouw in President’s keepers, played the RET factions hand with curious looking charges of covering up theft against President Cyril Ramaphosa, which he has strongly denied while serious questions remain. Then this week the arrest of two of the Gupta brothers in Dubai. The NPA now has 60 days within which to apply for extradition and for all the unanswered questions seems seriously caught on the back foot here. And last night, the president played his own gambit, suspending public protector Busisiwe Mkhwebane with immediate effect. The move came a day before judgment in her case today seeking to block him from doing so. It’s a high stakes game that the ANC is playing with the future of the country and delicate balance of the economy which is starting to show some encouraging pockets of green shoots as reform in energy starts to take hold as evidenced by the registration of 16 IPPs under the 100MW self gen exemption this week. And with first quarter GDP growth surprising markedly but subsequent high frequency data in mining, manufacturing and confidence disappointing.
Lots to discuss with Warwick Lucas Head of Galileo Securities; Raymond Parsons, professor in the School of Business and Governance at Northwest University & Isaah Mhlanga, Chief Economist at Alex Forbes. Mark as Done
PwC’s outlook for SA’s economy is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Lullu Krugel, PwC’s chief economist.
Topics of discussion include: new GDP from Stats SA; whether good headlines necessarily translate to a good standard of living for South Africans; PwC’s economic outlook for 2022; the risk of stagflation; and global factors likely to continue weighing on the SA economy. Mark as Done
Dino Zuccollo of Westbrooke Alternative Asset Management explores the world of private debt, where clients get exposure to a diversified pool of private loans in and around the UK. Mark as Done
Long-serving Treasury official Ismail Momoniat has been appointed as acting director-general, Finance Minister Enoch Godongwana announced on Wednesday.
Momoniat is filling the gap left by Dondo Mogajane, who left the director-general post on June 7. Mogajane's contract had come to an end, and he said previously that after serving government for 23 years, he wanted to move on and give others the chance to bring fresh ideas to the table. "I’ve demonstrated my patriotism and my commitment," Mogajane said in April. Mark as Done · Kaya 959
The Fuel Retailers Association says it's exploring several possibilities of lessening the impact of the high cost of fuel on South Africans. Mark as Done
Shack dwellers movement, Abahlali Basemjondolo has rejected the proposed tax by eThekwini on rural households. Mark as Done
Solving parking issues in SA through technology is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Mark Bradford, CEO of Docklands Ventures.
Topics of discussion include: ParkUpp’s business model; Docklands Ventures’ acquisition of ParkUpp; trends in the parking and property market; new niches and areas of focus for the business; and an outlook for the business. Mark as Done
People are buying down and rental fleets are also buying, obviously in anticipation of both internal and foreign tourists: Mark Dommisse – chair, National Automobile Dealers’ Association. Mark as Done
A total of nine patients have had to be evacuated following a fire that broke since late last night at the Life Chatsmed Gardens Hospital, in Chatsworth, south of Durban. Mark as Done
‘One of the key features of our businesses is they are asset-light. We don't pay traditional big working-capital items like inventory and receivables’: CFO Alan Salomon. Mark as Done
Viv Govender from Rand Swiss Offshore chose Alphabet as his stock pick of the day Mark as Done
Comair has grounded its flights until it has secured funding and the airline’s business rescue practitioners have advised that the process to raise the necessary capital is underway. Business Day TV unpacked the issues facing Comair with Independent Aviation analyst, Phutego Mojapele. Mark as Done
Three young siblings have died in Gauteng after apparently eating meat laced with rat poison. Mark as Done
Umgeni Water says 29 areas in the iLembe District Municipality will have to make do without running water until 16h00 this afternoon. Mark as Done
‘The Sygnia healthcare ETF is how I'd go into navigating offshore...[but] I believe that on the local market you will be getting good value with the three hospital groups and Aspen Pharmacare’: Independent analyst Kea Nonyana. Mark as Done
A significant jump in new sales orders underpinned an improvement in the Absa PMI for May, with the headline PMI rising by 4.1 index points to 54.8. Despite the improvement, Absa has cautioned that the sector could experience an output contraction in the second quarter. Business Day TV unpacked the print with Miyelani Maluleke, Senior Economist at Absa. Mark as Done
Independent Analyst, Jimmy Moyaha chose Citigroup as his stock pick of the day Mark as Done
The use of digital technology platforms in construction is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by Mike Bignold, founder and CEO at Cost Certified.
Topics of discussion include: Cost Certified’s business model; how the platform works; what attracted the company to the SA market; trends in the market; the company’s hiring drive; and competition in the market. Mark as Done
Kurhula Makhuvele, the owner of Fine Bakes started selling pap and mogodu after losing her job. When that business failed, she taught herself how to bake hyper-realistic cakes, which have now made her famous on social media.
After her employment contract ended in 2018, Makhuvele was left jobless and decided to open a small fast-food business. It failed.
She decided to learn how to bake, and now her hyper realistic cakes have made her known to many South Africans, thanks to social media. Mark as Done · Kaya 959
Wild swings in equity markets persist with each leg taking the indexes lower over on the US with the S&P now close to confirming bear market territory. Cryptos crashed on unstable coins. Meanwhile the dollar surges and the rand's battle to keep up shows with a loss of 10.8% to the greenback in a month but ONLY down just over 1,4% year to date. In the political economy a lack of mining cadastre system 10 years after the failure of SAMRAD looms large over the Mining Indaba… Today we still do not even have an adjudicated tender - and the integrity of the process already reeks of self-dealing and corruption. And we've had updates on the much-vaunted operation Vulindlela and a rail policy White Paper, hoping to get rail reform back on track.
Lots to discuss with Warwick Lucas Head of Galileo Securities; Raymond Parsons, professor in the School of Business and Governance at Northwest University & Isaah Mhlanga, Chief Economist at Alex Forbes Mark as Done
The economics around SA’s automotive sector is the focus in this edition of the Business Day Spotlight.
Our host Mudiwa Gavaza is joined by David Furlonger from the Financial Mail, who specialises in SA's automotive industry.
Topics of discussion include: supply chains issues in the automotive sector; disruptions caused by the war in Ukraine; import versus export of locally produced vehicles; consumer demand; and an outlook for the sector. Mark as Done
‘With more people going out now in the evenings, it would seem that the QSR side is picking up versus the DIY which is dropping off’: CEO Sean Walsh. Mark as Done
10X agrees to buy Core Shares to create R31bn+ full-service indexing business
10X Investments has agreed to a 100% cash purchase of Core Shares, creating a full-service South African indexing investment specialist with more than R31 billion in assets under management. Mark as Done · Kaya 959
Thamsanqa Netha from Shiloh Capital chose Ninety-One as his stock pick of the day Mark as Done
A strong showing by African Rainbow Capital's investee companies gave its half-year performance a boost. The investment firm’s intrinsic value has increased by 14% to R14 billion. Business Day TV unpacked the performance with Co-CEO Johan Van Zyl. Mark as Done
Society is being called on to unite in ending attacks on the LGBTQ community. Mark as Done
Our host Mudiwa Gavaza is joined by Eerik Oja, CEO and co-founder at Planet42 and Grant Wing, COO of Planet42.
The discussion centres around the car subscriptions business model; Planet42’s differentiation in the car subscriptions market; how the business works for customers and suppliers; pitfalls with traditional vehicle financing; alternative data points that the company considers when scoring customers; and prospects for funding the business. Mark as Done
Willem Oldewage from Nitrogen Fund Managers chose Aveng as his stock pick of the day and Thamsanqa Netha from Shiloh Capital chose Invicta Mark as Done
Today, we’ll truck into some of the junk ideology that continues to stifle growth and investment.
There are signs that government is choosing to change its diet in parts and dine from the established, tried and tested macroeconomic diet of policies that have led to growth but there are also signs elsewhere that government is doubling down on its cheat days shovelling as much central planning pork belly spending its mouth as it can in a bid to win votes, one can only assume.
Let’s welcome the old firm:
Warwick Lucas Head of Galileo Securities;
Raymond Parsons, professor in the School of Business and Governance at Northwest University
Isaah Mhlanga, Chief Economist at Alex Forbes Mark as Done
The economic implications of President Cyril Ramaphosa’s sixth state of the nation address (Sona) is the focus in this edition of Business Day Spotlight. Our host Mudiwa Gavaza is joined by Yolandi Esterhuizen, a registered tax practitioner and director for product compliance in Africa and the Middle East at accounting firm Sage, and Louw Nel, a senior political analyst at Oxford Economics Africa. Topics of discussion include: highlights from the Sona; how government could fund its activities, given the economic challenges; where SA is likely to see increases, decreases and reallocations in the upcoming budget; tax considerations for businesses; the balance of politics and economics Ramaphosa has to navigate, and; an outlook for the year ahead. Mark as Done
‘The saving grace for me is the crowding in of private-sector investment...and recognition that jobs are created by the private sector and not the public sector’: Deloitte director Gaba Tabane. Mark as Done
Chief Financial Officer (CFO) and Financial Director (FD) of the Capitec group, Andre du Plessis, will be retiring at the end of June ’22 after 22 years of dedicated service. André Du Plessis was one of the co-founders of Capitec Bank and instrumental in growing the bank to its leading role in the banking industry today. Mark as Done · Kaya 959 Website