Moneyweb@Midday

[TOP STORY] Why collapse of rand manipulation case sets a bad precedent

‘These companies have been more likely to partake in collusion and simply throw a ton of legal resources behind themselves and are often acquitted as a result because of the lack of competency of our Competition Commission,’ says Harry Scherzer, CEO of Future Forex.

11 Jan 2024 9AM 5 min

[TOP STORY] Why collapse of rand manipulation case sets a bad precedent

‘These companies have been more likely to partake in collusion and simply throw a ton of legal resources behind themselves and are often acquitted as a result because of the lack of competency of our Competition Commission,’ says Harry Scherzer, CEO of Future Forex.

11 Jan 2024 9AM 5 min

Grant payment delays spell financial crisis for the most vulnerable

A round-up of news updates, including a look at South Africa’s case against Israel at the ICJ.

11 Jan 2024 5AM 30 min

[TOP STORY] Investors waiting in the wings, what’s next for Eskom unbundling?

‘Government will have to come up with creative means to provide certainty to investors that there will be payment. That is why it is critical to have a board, to have a funding model that is robust,’ says Ruse Moleshe, development finance and energy expert.

10 Jan 2024 8AM 5 min

Boeing 737 Max 9 grounding not much of a concern for SA

A round-up of news updates, including a look at plans by government to grow SA’s economy. A look at the work of the newly-established National Transmission Company of South Africa; and, how will the grounding of some of Boeing’s fleet affect its operations.

10 Jan 2024 5AM 31 min

[TOP STORY] 800 doctors available, government hospitals not hiring

‘These are fully qualified independent medical practitioners ready to serve the nation and unfortunately now they can't find jobs in the government sector where they are mostly needed,’ says Dr Cedric Sihlangu, general secretary of the South African Medical Association Trade Union.

9 Jan 2024 7AM 5 min

Unions to help appeal dismissals at Gold One mine

A round-up of news updates, including a look at why so many qualified doctors are unemployed. Insights into what needs to be done to fix the country’s education challenges; and, what SA’s judiciary will be faced with in 2024.

9 Jan 2024 5AM 32 min

[TOP STORY] Competition Commission cracks down on school uniform price fixing

‘Parents can still lodge complaints with the Competition Commission. The commission will go and investigate that specific school and try and understand what the situation is,’ says Karabo Motaung, principal analyst of advocacy at the Competition Commission.

8 Jan 2024 8AM 7 min

ANC 'has a Zuma problem' ahead of the elections

A round-up of news updates, including a look at the high cost of school uniforms. Insights into South Africa’s chances at the International Court of Justice and a look at whether SA's latest energy plan will yield positive results.

8 Jan 2024 5AM 31 min

COP28 outcomes: Not much will change …

A round-up of news updates, including understanding the new powers of Gauteng’s crime wardens. Analysis of SA’s economic performance in 2023 and a look at what dominated Netflix’s viewing list.

14 Dec 2023 5AM 33 min

[TOP STORY] Will SA’s nuclear procurement process be feasible and transparent?

‘They need to keep on updating us in terms of how many countries have actually submitted bids and the decision that they are taking and tell us does it make economic sense for South Africa to choose that country,’ says Princess Mthombeni, founder of Africa4Nuclear.

13 Dec 2023 8AM 7 min

Green shoots in SA's economy … but caution advised

A round-up of news updates, including a look at government's nuclear procurement plans.

13 Dec 2023 5AM 23 min

Hunger named top concern for children in 2023: Save the Children

A round up of news updates including a look at what the airports of the future will look like. Unions call for post office jobs to be saved and tribute to South African musician Zahara.

12 Dec 2023 5AM 31 min

[TOP STORY] Cosatu welcomes proposed increase to minimum wage, but still not a survivable income

‘The current minimum wage is about R25.42 an hour. If the minister does agree to the CPI plus 3%, that should take it to about R27.50, so that's a significant improvement. But given the levels of inflation and the cost of living, you're still going to be in deep poverty,’…

11 Dec 2023 8AM 8 min

Developing nations have a climate change financing problem

A round-up of news updates, including a look at climate-change funding. Unions urge the public to take part in consultations to determine 2024's minimum wage and how to keep staff motivated during the holiday season.

11 Dec 2023 5AM 30 min

MoneywebAtMidday - Top Story 08 Dec 2023

Dawie Roodt : Economist

8 Dec 2023 6AM 6 min

‘SA can’t afford to save the post office’

A round-up of news updates, including a look at who the man touted to lead Eskom is. Analysis of the post office business rescue plan and social activist Mark Heywood on his political move.

8 Dec 2023 5AM 33 min

[TOP STORY] Will Msimang’s resignation break the ANC’s stride into 2024?

‘He is one person who has been very vocal about issues relating to corruption and good governance in the ANC… and the issues that he raises are the issues that most people have always been worried about in the ANC,’ says political analyst, Levy Ndou.

7 Dec 2023 7AM 7 min

'NHI bill shouldn't have been left to politicians'

A round-up of news updates, including why vehicle sales are down. A look at the resignation of Mavuso Msimang from the ANC and Eskom warns about cheap electricity scams.

7 Dec 2023 5AM 31 min

Nearly half of SA’s water is unsafe to drink

‘The municipalities are not budgeting sufficiently for maintenance of the infrastructure…and in the worst performing municipalities they're not hiring staff with the correct qualifications to operate the drinking water infrastructure such as the treatment plants,’ says Sean Phillips, Director-General of Water and Sanitation.

6 Dec 2023 7AM 6 min