Moneyweb@Midday

[TOP STORY] Fake degrees: What the Bogdanov case means for SA’s boardroom integrity

‘I think this is now a reason to pause and just say, even if it takes more time, costs more money, let’s really check these international qualifications,’ says Professor Parmi Natesan, CEO of the Institute of Directors.

28 Jul 9AM 7 min

Pilot strike: Rosters remain a sticking point

The crackdown on fake qualifications continues. And meat prices are driving up the cost of grocery baskets.

28 Jul 6AM 30 min

[TOP STORY] Historic Rand Club faces closure over R1.6m rates bill

‘The City of Joburg is, I think, essentially close to bankruptcy, if not bankrupt already. I think they are just trying to squeeze whichever institution it is that they can identify for as much money as they can,’ says Rand Club chair, Brian McKechnie.

25 Jul 8AM 6 min

Delays and risky investments: GEPF defends finances

A sky-high valuation and escalating rates bill from City of Joburg is threatening the historic Rand Club in the CBD. A look at the storied history of SA’s railways. And, a new real estate incubator programme promises to create almost 700 real jobs.

25 Jul 6AM 31 min

[TOP STORY] Foot-and-mouth: Call for vaccine reform as state-owned manufacturer falls short

‘Should we be just taking a policy of vaccinating against FMD nationwide, not only vaccinating whenever there are suspected cases, but take a similar step as the South Americans, where we know that South Africa vaccinates,’ says Wandile Sihlobo, chief economist at Agbiz.

24 Jul 9AM 8 min

Workplace transformation now an obligation

A fresh foot-and-mouth disease outbreak sees beef supply chains buckle. And local whisky fans are in for a treat.

24 Jul 6AM 33 min

[TOP STORY] Telecom fraud wave: SA losing R5.3bn annually

‘As network operators, we are under siege by organised crime syndicates who go to our stores and purchase services using completely fraudulent information,’ says Advocate Thokozani Mvelase, CEO, Communication Risk Information Centre.

23 Jul 9AM 7 min

SA’s fuel stations turning into convenience hubs

A new report shows R5.3bn in fraud losses. How eSports will play a meaningful role in the classroom of the future. And why ‘shell properties’ are becoming an investor favourite.

23 Jul 5AM 32 min

[TOP STORY] FlySafair strike reveals cracks in fragile airline market

‘FlySafair is running at 66% or so of total domestic supply, and right now we're seeing a significant fall-off, as much as 25% of fall-off in the supply of seats from FlySafair, so the impact across the economy will be big,’ says Guy Leitch, editor of SA Flyer magazine.

22 Jul 9AM 8 min

40 organisations demand labour law amendment bill be scrapped

An expert weighs in on FlySafair's pilots' strike and how it reveals cracks in the fragile local airlines industry. How e-waste can help solve the youth unemployment crisis. And, how AI can play a pivotal role in increased profitability in the manufacturing sector.

22 Jul 6AM 34 min

[TOP STORY] 'Unsustainable equation': Ramokgopa on municipal debt threatening SA power supply

‘Collectively, municipalities owe Eskom just shy of R100 billion, and in return, municipalities collectively are owed by their customers upwards of R400 billion,’ says the Minister of Electricity.

21 Jul 8AM 13 min

Kidnappings in SA on the rise

City Power and Eskom reach a fragile truce, but SA’s energy crisis is far from over says the Energy Minister. And a new report exposes the cost of SA’s ties to Iran.

21 Jul 4AM 30 min

[TOP STORY] South Africans are surprisingly happy with their life insurers

‘We looked at the traditional life insurance companies and the accompanying investment part of that,’ says Professor Adré Schreuder, University of Pretoria.

18 Jul 9AM 9 min

Some good news for Transnet on the manganese front

New research reveals South Africans are surprisingly satisfied with their life insurers. How hunting tourism is bringing big bucks to rural economies. And an employer’s failure to comply with employment laws renders a foreign national’s dismissal unlawful.

18 Jul 6AM 32 min

[TOP STORY] RAF dysfunction deepens as board is dismissed and claims spiral

‘We suspect that all the monies that are collected through the fuel levy are not being spent on the RAF as per the RAF Act,’ says Ngoako Mohlaloga, Association for the Protection of Road Accident Victims.

17 Jul 9AM 8 min

Can FlySafair find common ground with pilots to prevent strike?

A pilot strike looms as FlySafair’s 5.7% wage increase is rejected by the union. SA hotels and kitchens under pressure to operate leaner, greener, and smarter. And, the Road Accident Fund board has been dissolved, but is it too little, too late, or just in time?

17 Jul 6AM 31 min

[TOP STORY] Sahpra to halve medicine approval times to boost local manufacturing

‘It's certainly a start. There are a range of measures that the South African government needs to take in order to further industrialise the pharmaceutical sector and narrow the trade deficit,’ says Pharmisa chair, Dr Stavros Nicolaou.

16 Jul 9AM 8 min

'NPA is collapsing in front of our eyes' - Breytenbach

Could scaling up rooftop solar ease South Africa’s power challenge? And the SA health regulatory authority commits to growing regional pharmaceutical and vaccine manufacturing.

16 Jul 6AM 33 min

Labour law judgment: Free speech vs company culture

Gauteng is winning back some of Cape Town’s semigrants – a look at the drivers behind this move. Why returning to the office is good for your psyche. And, a new study reveals that women are still underrepresented on SA boards.

15 Jul 5AM 35 min

[TOP STORY] New AI-powered visa system to boost SA tourism and investment

‘The electronic travel authorisation, which is going to be totally digital, and which will mean that within seconds, through AI, people will be able to receive their visas coming into South Africa,’ says Fedhasa chair, Rosemary Anderson.

14 Jul 8AM 7 min