South Africa recently implemented a nationwide lockdown to curb the coronavirus spread, which has seen mining firms curtail production. Business Day TV spoke to Nedbank CIB's Mining Analyst Arnold Van Graan about the mining sector's outlook, with the industry reportedly set to lose up to R1.5 billion per day due to the shutdown. https://www.youtube.com/watch?v=xyKc0h0u7gc [...]
The national lockdown is set to hit a number of sectors. The property industry has taken a beating, with mall owners feeling the impact of consumers remaining at home. Business Day TV spoke to Ridwaan Loonat from Nedbank CIB about the property sector's performance year to date, as well as the headwinds currently facing the [...]
The African Mining Week is dedicated to the development of mining projects in Africa. From sustainable green operations to growth in South Africa and on the continent, investors and industry assemble to discuss opportunities and challenges facing the industry. https://www.youtube.com/watch?v=cOS3ZpIW2dI For more on this topic, find more of our content here Mining [...]
Retail Sales increased in January, rising 1.2% year on year - indicating that consumers loosened their purse strings - somewhat - at the beginning of the year. And with Covid 19 spurring on a different kind of spend, one is left wondering what this spells for the sector moving forward. Joining Business Day TV with [...]
As the coronavirus continues to wreak havoc on markets worldwide - the JSE is 17% off its 2020 peak - while the rand is sitting above 16 to the dollar. Avinash Kalkapersad from Nedbank CIB joins Business Day TV to take a closer look at where they're seeing the opportunity amidst it all. [...]
Analysts and economists have largely welcomed the 2020 Budget with consumers being offered some tax relief and expenditure being cut by reigning in public sector wage bill, that’s been spiralling out of control. Only two of the right notes were struck on Wednesday but was it necessarily a Moody's budget? Was enough done to convince [...]