Moneyweb@Midday

[TOP STORY] GDP numbers don’t lie, Ramaphosa’s reign fails to deliver

‘That's where my cynicism comes in here is when we reverse out of the big number, the R1.1 trillion, and go and look at the actual investment spend per year over the last five, ten years, the numbers are simply missing in action. That investment spending just doesn't exist,’ says…

8 Feb 2024 7AM 6 min

Sona: So many promises, so little implementation

A round-up of news updates, including a look at how the Ramaphosa administration has performed in the last five years. Civil society groups call for decisive leadership from the president ahead of Sona and a look at the results of a new survey on the performance of SA's top political…

8 Feb 2024 5AM 32 min

[TOP STORY] Spike in debt counselling enquiries as consumers take strain

‘As a result of lack of growth and incomes, people are having to borrow so that they can put food on the table, and they can deal with the necessities of life to the extent that we've seen average unsecured debt size grow by about 32%,’ says Benay Sager, executive…

7 Feb 2024 8AM 5 min

Rand manipulation case: ‘Bank execs should be prosecuted’

A round-up of news updates, including a look at why unions are welcoming the Competition Commission's decision to appeal the rand manipulation case.

7 Feb 2024 5AM 30 min

[TOP STORY] How to have the edge when job searching in the AI era

‘These tools mean that applications for positions have increased exponentially, so that reduces your chance of being noticed. A lot of companies are also using filtering software to eliminate CVs or applications that don't meet their keyword requirements, so you need to do more to stand out,’ says Advaita Naidoo,…

6 Feb 2024 8AM 7 min

ANC could use Mbeki's help

A round-up of news, including examining the government's defence of the slow doctor hiring process. A look at the role that the mining sector can play in creating employment in SA and whether AI has changed the job search landscape.

6 Feb 2024 5AM 33 min

[TOP STORY] Concerns that new employment equity targets won’t benefit majority

‘Government is supposed to use the majority and come with legislation that is reversing the imbalances of the past, but the way they are trying to be too accommodative to the minorities and those who have benefitted from the past, it's not going to help anyone,’ says Kganki Matabane, CEO…

5 Feb 2024 7AM 5 min

Hugo Broos effect gets Bafana to semi finals

A round-up of news updates, including a look at reaction to the changes to employment equity targets. A look at why the business sector is calling for the President to put the NHI to constitutional scrutiny and Bafana Bafana’s chances of winning Afcon.

5 Feb 2024 5AM 32 min

How will Eskom’s load limiting plan be implemented?

‘What I really like about this, instead of putting us into the false pretence that we haven't got load shedding for a long time, what this does is it admits that we have a joint problem and also admits that collectively we can solve this problem,’ says energy analyst, Hilton…

2 Feb 2024 7AM 6 min

SA infrastructure needs government's help

A round-up of news updates, including a look at Eskom’s load-limiting plans for Gauteng. A look at the role communications plays in an election year and more unhappiness over Gauteng’s crime wardens.

2 Feb 2024 5AM 33 min

How fear of failure is stifling SA entrepreneurs

‘We anticipate some of the reasons are the environment or the enabling environment for businesses to thrive or survive in is deteriorating at the moment, and people are scared to take that chance,’ says Professor Natanya Meyer, co-author of the Global Entrepreneurship Monitor South Africa report.

1 Feb 2024 8AM 6 min

Businesses encouraged to focus on workplace mental health

A round-up of news updates, including a look at whether SA’s logistics crisis is near its end. South Africa accuses Israel of not adhering to ICJ ruling and a look at why SA’s entrepreneurial activity has declined.

1 Feb 2024 5AM 31 min

[TOP STORY] Calls for civil society to combat the scourge of SA corruption

‘There are a lot of good businesses out there, but they need to support the anti-corruption initiatives that have been taken by civil society because it's now up to the people to fight this fight if government isn't going to fight it,’ says Wayne Duvenage, CEO at the Organisation Undoing…

31 Jan 2024 7AM 6 min

SA’s food crisis needs more help

A round-up of news updates, including a look at solutions for SA’s food crisis. A look at why SA scored so low in the latest Corruption Perception Index and the impact of the latest petrol price increase.

31 Jan 2024 5AM 31 min

[TOP STORY] Will 2024 see a return to the office for remote workers?

‘I believe that you have to have some physical interaction, some actual presence in the office. It doesn't have to be all the time in the office but some presence in the office to actually inculcate a culture,’ says Norman Kretzmer, founder and CEO of Contract Understanding.

30 Jan 2024 8AM 5 min

Zuma’s suspension could cost ANC support in KZN

A round-up of news updates, including a look at what sparked the 2021 riots. The ANC to lobby other countries to support its case against Israel and a look at whether 2024 will see the dwindling of WFH.

30 Jan 2024 5AM 30 min

[TOP STORY] Steel sector warns of jobs bloodbath

‘If what we are currently experiencing as in economic headwinds, if that continues in the absence of reform, then we are talking continued deterioration and basically the sector being unable to survive,’ says Tafadzwa Chibanguza, CEO of the Steel and Engineering Industries Federation of Southern Africa.

29 Jan 2024 8AM 7 min

'More funding needed to secure SA's borders'

A round-up of news updates, including a look at concerns over a possible jobs bloodbath in the steel sector. What will be the next steps for SA’s legal team over its genocide case against Israel and a look at the work of the Border Management Authority.

29 Jan 2024 5AM 32 min

[TOP STORY] Tshwane’s proactive plan to eradicate hijacked buildings

‘Our position is clear that we cannot allow continuous illegal occupation of buildings, that it will just break down the complete trust that the people have got in the city and our local government,’ says Kingsley Wakelin, City of Tshwane MMC for corporate and shared services.

26 Jan 2024 8AM 6 min

SA faces accountant brain drain

A round-up of news, including a look at whether other nations will join SA’s case against Israel ahead of the ICJ's ruling. An update on the latest in the development of an HIV vaccine and why SA has a dearth of accountants.

26 Jan 2024 5AM 30 min