Business News Leaders Business Day TV

South Korea’s experience of rapid economic growth presents a compelling success model for developing countries on the African continent. It’s one of few countries that made the remarkable transition in only three decades from a resource-poor, low-income nation to a high-income economy and now one of the leaders of the Fourth Industrial Revolution. Business Day TV's Michael Avery speaks to Dr Jong-Dae Park, the South Korean Ambassador in South Africa and a specialist in African development, having written a book “Re-inventing Africa’s Development – Linking Africa to the Korean Development Model” and Dr Martyn Davies, Deloitte Managing Director for Emerging Markets & Africa and Dean of the Deloitte Alchemy School of Management, who has spent time gathering insights in South Korea about what Africa can learn from ‘the Miracle on the Han’.

Covid-19 has been a tipping point for some businesses. Firms that were already in a tough position before the pandemic hit have found themselves in a state of distress with many having to delist as a result. So what does environment mean for alternative exchanges? Business Day TV caught up with the CEO of A2X, Kevin Brady to find out.

Covid-19 has had a significant impact on a wide range of industries. In the healthcare sector, Netcare says that lockdown cost it R143m in lost revenue in March and the impact in April is expected to be much worse.

Food producer, Tiger Brands has also warned that the worst is yet to come. It's highlighted that it could lose R500m in profit due to the pandemic.

Business Day TV spoke to the company's respective CEOs, Richard Friedland and Noel Doyle for greater perspective on the impact of covid-19.

Why does SA’s capital market environment not support small cap listings? The one thing we are going to need to see much more of as we look to rebuild and bounce back from this pandemic is entrepreneurship. Growth companies. And the best way globally to support growth small cap companies is by creating the capital market conditions that are conducive to raising capital. Business Day TV's Michael Avery speaks to Leila Fourie, Group CEO of the JSE; Charles Savage, the CEO and Founder of Easy Equities; Stefano Marani, CEO of Renergen, an emerging producer of helium and liquefied natural gas (LNG), listed on Johannesburg’s AltX; & Small cap analyst Keith Mclachlan.

Internationally renowned DJ Black Coffee has acquired a stake in Gallo Music Investments (GMI) through his company FlightMode Digital. The Lebashe Group purchased GMI from former owners Tiso Blackstar in March and it now forms part of the news and entertainment business of Arena Holdings.​ Lebashe chair Tshepo Mahloele says that Black Coffee’s new investment in the firm paves the way to enhance Arena’s entertainment offering to consumers. Black Coffee believes the investment is the first of many moves to change the landscape of South Africa’s music industry.​ Business Day TV spoke to the music Icon about the deal.

The MPC has slashed interest rates by 50 basis points bringing total cuts for this year to 275 basis points. This is much needed relief for consumers at a time when Spar is warning of 'unprecedented' pressure on shoppers moving forward. Business Day TV spoke to Kevin Lings , Chief Economist at Stanlib and Graham O’Connor, CEO of Spar for more.