Moneyweb@Midday

[TOP STORY] SA Tourism board dismissal reeks of ministerial overreach – Satsa

‘She put that board in place. Trust your board. It’s their job to execute their fiduciary duty. They were doing so with all the good intentions in the world,’ says David Frost, CEO, Southern Africa Tourism Services Association.

27 Aug 9AM 9 min

'Gaza hospital bombing constitutes a hate crime'

Tourism body says SAT board dismissal reeks of ministerial overreach. The DA calls for Tshwane mayor to ‘pay back the money’. And why tax on foreign pensions could deter wealthy retirees from other countries from settling in SA.

27 Aug 6AM 33 min

[TOP STORY] Transport Dept concedes licence backlog will continue to mount

‘On a daily basis we get more than 10 000 applications. So we've got to balance the equation in terms of the backlog as well as the new applications that come through,’ says Department of Transport spokesperson, Collen Msibi.

26 Aug 10AM 8 min

New mining legislation could hurt jobs and investment

Bad news, as driver’s licence backlogs are set to last into 2026. A look at new divorce laws and the impact they could have on homes and properties. And a positive step towards SA’s freight future, as new operators win slots on Transnet network.

26 Aug 6AM 35 min

[TOP STORY] Electricity and logistics reforms drive cautious optimism on SA economy

‘We can expect some upgrades in the next few years. I think the rand can possibly also be slightly more stable in the medium to longer term than what we've become accustomed to,’ says Johan Els, group chief economist at Old Mutual.

25 Aug 9AM 7 min

SAT board removal: Did Tourism Minister follow the correct process?

The rand remains surprisingly resilient despite US tariffs. Why Minister Gayton McKenzie is in hot water over old social media posts. And a look at how communication dead zones are costing lives.

25 Aug 6AM 34 min

SA prisons hellish says Judge Cameron, Minister agrees

With the largest prison population in Africa, how can South Africa transform its jail system for the betterment of those incarcerated and for society at large?

22 Aug 3AM 34 min

[TOP STORY] Ultra-rare disease costs threaten sustainability of SA medical schemes

‘For smaller schemes, you find that some of them rarely collect contributions in excess of R50 million per year. If they were to fund treatment for one of these diseases, it then becomes a very big portion of what is actually collected,’ says Charlton Murove, head of research at the…

21 Aug 8AM 7 min

Concerns around rise in illegal tyre burning and dumping

A new proposal to help medical schemes mitigate the cost of ultra-rare disease treatment. Why Mango may have truly reached the end of the runway. And a move to get a uniquely South African crop off the tariff list.

21 Aug 5AM 33 min

[TOP STORY] Finance minister’s hard line on Bitcoin ‘stifles growth and innovation’

‘We’ve seen almost $165 billion of investment flowing into US-based exchange-traded funds. Much of that could have been invested in emerging markets like South Africa,’ says Marius Reitz, GM for Africa and Europe at Luno.

20 Aug 8AM 6 min

The ‘super-duper shopper’ – small numbers, big influence

Exclusions, empty promises and walkouts, why the National Dialogue is being labelled a ‘let down’ by NGOs and activists. Why the Finance Minister’s comments on crypto could see SA fall behind global investment practice. And the role of Japan in driving Africa’s industrialisation, skills development and energy transition.

20 Aug 5AM 32 min

[TOP STORY] Rules, not retaliation, guide SA’s trade policy - Itac

‘Retaliation, with the scale of market we have, might have other unintended consequences that might potentially be much more counterproductive to our industrial policy ambitions,’ says Ayabonga Cawe, chief commissioner at Itac.

19 Aug 8AM 8 min

Chinese cars might lose their competitive edge in SA

The International Trade Administration Commission of SA faces an unprecedented caseload as global trade tensions intensify. Why an expert says women in Africa are hit hardest by tariffs. And is wifi and access to stable internet a luxury or a human right?

19 Aug 6AM 35 min

[TOP STORY] SA’s housing market outpaces inflation for first time since pandemic

‘The fact that we are seeing the value of their properties rising above inflation means their wealth levels are rising alongside the rising property prices,’ says Siphamandla Mkhwanazi, senior economist at FNB.

18 Aug 8AM 6 min

Calls to fire SANDF chief, minister over Iran remarks

Master stroke or manipulation? How Donald Trump negotiated for the USA to get 15% of Chinese AI chip sales. Why AI can’t replace humans in the hiring process. And a look at the surge behind SA’s residential property prices.

18 Aug 6AM 32 min

Defence ministry rebukes SANDF chief's Iran comments

SA business sentiment rises, buoyed by auto, manufacturing and precious metals. Landmark high court victory for coastal communities as judge tells TotalEnergies to go back to the drawing board. And is value-based healthcare the solution to SA’s care crisis?

15 Aug 6AM 34 min

[TOP STORY] Risenga Maluleke's insights on rising SA unemployment

‘On the unemployed side, in the first quarter we were sitting at 8.2 million unemployed people who are actively looking for employment. That number went up by 140 000 to 8.4 million,’ says the Statistician-General at StatsSA.

14 Aug 9AM 9 min

The reporter who refused: Inside the IDT bribery attempt

SA works to improve data collection for informal jobs. A look at what’s fuelling the surge in new car sales. And the case for gender-smart investing.

14 Aug 7AM 34 min

[TOP STORY] Sars targets R513bn in unpaid taxes with tougher legal action

‘We need to move up the enforcement value chain…seeking civil judgments, as well as writs of execution where possible, especially where the behaviour of the taxpayers is not as cooperative as we would want them to be,’ says Sars deputy commissioner, Johnstone Makhubu.

13 Aug 9AM 8 min

ATMs closing across SA: Will we become cashless?

Sars deputy commissioner Johnstone Makhubu warns that R500bn in unpaid taxes puts the fiscus at risk. And why institutions must stop recycling familiar faces and invest in real talent to fix the economy

13 Aug 6AM 35 min