Moneyweb@Midday

[TOP STORY] Homes sold for R1000: Homeowners sue banks in landmark case

‘Something that doesn’t happen in the rest of the world was happening here in South Africa, that people’s houses are being sold for 90% off,’ says Advocate Douglas Shaw.

25 Jun 9AM 8 min

Infrastructure competitiveness declines on GNU’s watch

Banks are getting sued for the resale of repossessed homes. A new report shows that more than 7 million streaming account details were leaked in 2024. And a deep dive into the dirty side of the clean energy transition.

25 Jun 6AM 32 min

[TOP STORY] Rethinking career guidance to tackle SA youth unemployment

‘We don't have the conversations about what you want to solve in the future. What problems have you identified as a kid or as a teenager that you want to participate in and make an impact,’ says Sphiwe Masuku, head of brand and marketing at Fundi.

24 Jun 8AM 7 min

Country platforms could be a huge opportunity in a post-aid world

The G20 is too elitist, according to a South African expert, we look at possible solutions to make it more representative. Why you should be realistic about your child’s career prospects. And a local innovation is set to revolutionise the global solar sector.

24 Jun 5AM 32 min

[TOP STORY] Oil prices surge as Iran conflict escalates: What it means for SA

‘All of the markers, if we look at commodity prices, oil and gold, they are both telling us, expect worse rather than better from here,’ says economist, Professor Adrian Saville.

23 Jun 9AM 7 min

Middle East boils: SA needs stronger alliances

As the US enters the war in Iran, what are the global economic implications? How ‘blessers’ are taking advantage of the high youth unemployment rate. And why climate change is now considered a boardroom-level threat.

23 Jun 6AM 31 min

[TOP STORY] New bill seeks to protect non-earning spouses in divorce cases

‘The biggest change is that courts will now be able to redistribute assets between spouses who are married out of community of property, without the accrual,’ says Bertus Preller, attorney in family law at Maurice Phillips Wisenberg.

20 Jun 8AM 6 min

R700m national dialogue outrage: Stop talking, start doing

Changes to SA’s divorce laws: What you should know. The rise of mixed-use developments in the Cape Town CBD and what it means for investors and the local economy. And a cautionary tale for teens and parents on how to navigate the treacherous world of social media.

20 Jun 6AM 32 min

[TOP STORY] Israel-Iran conflict: How long-range missiles are redefining warfare

‘These days, they can hit within 10 metres of the target. So they are very deadly accurate,’ says defence writer and analyst, Dean Wingrin,

19 Jun 8AM 7 min

Cost of living: Stabilising or set to climb again?

While the true extent of Iran’s missile arsenal is still unknown and a full-scale war beckons in the Middle East, a defence analyst explains how modern warfare has changed. We ask if generative AI will ring in a golden age of productivity or destroy livelihoods globally? And a new mega…

19 Jun 6AM 31 min

[TOP STORY] Cheap but deadly: Why South Africans are choosing counterfeit alcohol

‘Consumers knowingly purchase illicit alcohol, because they want to have a certain brand, even though they are aware that it could be counterfeit and associated with health risks,’ says Dr Shamal Ramesar, head of research at the Drinks Federation of South Africa.

18 Jun 9AM 7 min

The Gen Z economy report: Hustle, habits and hidden spending power

A look at the shape, size and drivers of SA’s illicit alcohol trade. How artificial intelligence can close the coaching gap for young graduates and entrepreneurs. And how new labour laws can affect your job and the economy.

18 Jun 3AM 35 min

[TOP STORY] Silent crisis: Financial pressure driving fathers away from families

‘Many fathers feel crushed by debt, job losses and economic pressure, making it difficult for them to live up to traditional expectations of fatherhood,’ says Samantha Moyana, National Debt Advisors.

17 Jun 8AM 7 min

Iran-Israel conflict: Trumps’s ominous message to Tehran

The health products regulator raises red flags about unlicensed cannabis operators in shopping malls. The link between financial depression and absent dads in SA. How critical minerals can help anchor the Just Energy Transition. And an update on the escalating conflict in the Middle East.

17 Jun 6AM 31 min

What will it take to fix Johannesburg?

The United Nations’s International Day of Family Remittances, celebrated on 16 June, showcases how international remittances – money sent from one country to another, often by a foreign worker to family or friends in their home country – contribute both to national economies and the resilience of households and communities…

13 Jun 5AM 30 min

[TOP STORY] Illicit tobacco trade costs SA R20bn annually

‘From a tobacco point of view, South Africa is the only country in the world where illicitly traded cigarettes are cigarettes that are traded over the counter,’ says economist, Sifiso Skenjana.

12 Jun 9AM 8 min

Climate change could slash SA food production by 50%

As SA gears up to host the G20, the first-ever Urban20 Sherpa meeting to be held on the African continent is set to devise a shared vision for urban progress. A look at essential steps needed to stop illicit tobacco trade.

12 Jun 6AM 34 min

[TOP STORY] Betting on desperation: How the poor are fueling SA’s gambling boom

‘What we saw in 2024 was that 36% of the respondents who gamble actually said they gamble to pay off their debts and to cover their expenses,’ says John Manyike, head of financial education at Old Mutual.

11 Jun 8AM 36 min

Trump vs Musk: The economy of egonomics

A look at the hidden costs of SA’s gambling problem. How the local retail economy is finding growth in the wellness sector. And new data shows that young people are leading the adoption of earned wage access technology.

11 Jun 5AM 36 min

[TOP STORY] Sars’s R4bn strategy: Implications for taxpayers and small businesses

‘I think the bulk of the revenues lies with the SMEs and the professionals, because there's a bigger volume there. So these are things that Sars is most likely going to focus on, not just on the big corporates,’ says Lee Dlamini, founder and director of Leverage.

10 Jun 9AM 6 min