Summit TV re-branded as Business Day TV‚ with Bloomberg TV on board

Combining the strength and local market insight of Business Day and Summit TV with the global resources of Bloomberg Television‚ Business Day TV replaces Summit TV on DStv's channel 412 from Wednesday.

The newly conceived channel will feature international business and financial news channel Bloomberg Television programming‚ including live market coverage and analysis from Europe and the US for 10 hours a day in addition to the acclaimed coverage of local markets and news currently supplied by Business Day and Summit TV.

Peter Bruce‚ publisher and editor in chief of BDFM‚ said: "The new proposition will provide investors and business news consumers with an editorially credible local and international business news proposition.

"We are truly excited about Business Day TV becoming an extended platform for the strong‚ independent editorial content we already produce in Business Day‚ Financial Mail and on BDlive every day‚ and the market-leading content offered by Bloomberg Television‚" said Bruce.

Pravin went first

"South African business decision makers and leaders have come to rely on Bloomberg Television for trusted‚ accurate and up-to-date international business and financial news. With a daily selection of original Bloomberg Television programming‚ interviews and reports on the newly branded Business Day TV channel‚ viewers will now benefit from our extensive coverage of the global markets and economies in addition to leading domestic insight from the BDFM group‚" said Malcolm Fried‚ managing editor for Bloomberg Television in Europe‚ the Middle East and Africa.

"We congratulate the Business Day‚ Summit and Bloomberg teams on the launch of Business Day TV. We are proud to be hosting this channel on DStv and believe it will complement and enhance our business news offering on our platform‚" said Collins Khumalo‚ CEO of MultiChoice SA.

The launch of Business Day TV commenced at 0800 this morning with an exclusive panel discussion featuring Pravin Gordhan‚ Minister of Finance; Goolam Ballim‚ chief economist and global head of research‚ Standard Bank Group; Colin Coleman‚ managing director at Goldman Sachs; Peter Bruce‚ publisher at BDFM; Srinivasan Venkatakrishnan‚ CEO of AngloGold Ashanti; and moderated by Bloomberg Television anchor‚ Guy Johnson.

Tune in to DStv channel 412 to watch Business Day TV

Bloomberg Television will continue to be available to DStv premium customers on channel 411 until July 1‚ after which it will be available on Business Day TV on channel 412 to DStv premium‚ compact and family customers.

Streamed live to more than 315‚000 subscribers to the Bloomberg Professional service‚ Bloomberg Television will still broadcast 24-hours a day across central banks‚ investment institutions‚ commercial banks‚ government offices and agencies‚ law firms‚ corporations and news organisations.

The Bloomberg.com team will also continue to use the power of Bloomberg's market-moving stories and data to provide business executives with a live stream of non-stop headlines‚ breaking and on-demand videos and easy-to-scan market information. While Bloomberg's 24-hour live Bloomberg TV+ (plus) app for Apple iPad will continue to broadcast to those who wish to view the channel on their tablets.