Moneyweb@Midday

Inadequate law enforcement failing tourists

A round-up of news updates, including a look at whether SA is at risk of a technical recession. Concerns over the safety of tourists in SA and a look at the latest report on the quality of SA's drinking water.

6 Dec 2023 5AM 32 min

[TOP STORY] Eskom’s distress lucrative for saboteurs but devastating SA economy

‘I think that Eskom is not entirely truthful with us in terms of what exactly are the problems. But at the same time, there are also people from the highest level to the blue-collar worker who have decided that the perpetuation of this crisis is actually quite lucrative,’ says Oscar…

5 Dec 2023 8AM 6 min

ANC's financial desperation risks deeper state capture

A round-up of news updates, including a look at the court outcome around independent candidates. A look at the ANC’s financial situation and unpacking Nelson Mandela’s legacy as the world remembers him 10 years on.

5 Dec 2023 5AM 28 min

[TOP STORY] How to ensure competent candidates are appointed to save ailing SOEs

‘Because the way it works currently in our public sector is government or the minister makes appointments to these boards, and one has to wonder what criteria they're taking into account when we know that there’s political play here,’ says Professor Parmi Natesan, chief executive officer at the Institute of…

4 Dec 2023 7AM 6 min

Ports extend operating hours for holiday rush

A round-up of news updates, including a look at plans for securing the country’s borders ahead of the festive season. A look at why government should prioritise the tourism sector to grow the economy and how to hire better leaders for the country’s SOEs.

4 Dec 2023 5AM 32 min

If it seems too good to be true, it may be an online trading scam

‘I'm astounded at some of the advertising that I see, deposit R10 000, guaranteed R50 000 five days later. I think this new ODB regime will weed it out but it's all dependent on the consumer, they must do their homework and see who is regulated and licenced,’ says Roger…

1 Dec 2023 8AM 7 min

‘SA needs more vigilance around 2024 elections’

A round up of news updates including a look at why Gauteng’s hospitals aren’t paying their electricity bills. A look at why online trading scams are on the rise and civil society partners to maintain election integrity.

1 Dec 2023 5AM 32 min

Climate change ranked as third greatest concern for South Africans – Climate Barometer

‘We are seeing some really good progression in terms of public sector in particular, as well as within corporate South Africa, that businesses are becoming more responsive towards these greener technologies,’ says Timothy Thomas, country manager of Epson MEA.

30 Nov 2023 9AM 6 min

Eskom and municipal miscommunication sparks confusion in load shedding schedules

A round-up of news updates, including a look at a new report that accuses SA’s military of torture coverups. A look at the importance of maintaining health and safety standards at mines and analysis of the validity of load shedding schedules.

30 Nov 2023 5AM 33 min

Unions express alarm over imminent mining job cuts

A round-up of news updates, including a look at the role the private sector can play in fixing SOEs in light of port delays. A look at the country’s looming jobs bloodbath, what can be done to prevent job losses and why SA needs to make its own medicines.

29 Nov 2023 5AM 30 min

[TOP STORY] Unions suspect cables in disrepair caused Implats tragedy

‘I know that for some time now Num and Amcu and so on have complained about the Mine Health and Safety Inspectorate not effectively investigating and checking on winch cables, which are incredibly important,’ says David van Wyk, mining analyst and chief researcher at the Bench Marks Foundation.

28 Nov 2023 7AM 6 min

Higher HIV prevalence among women concerning

A round-up of news updates, including a look at SA’s mining safety record in the wake of the Implats Rustenburg mine tragedy. A look at the prevalence of HIV in South Africa, and what’s behind the latest high stages of load shedding.

28 Nov 2023 5AM 34 min

[TOP STORY] Transnet, Eskom crises cause SA economy to miss the boat

‘Bloomberg points out that really South Africa's actually been left behind here. It's missed out on the biggest rally for this asset class, emerging markets, since January. Not just the load shedding but also South Africa's populist policies,’ says Annabel Bishop, chief economist at Investec.

27 Nov 2023 8AM 7 min

Fight against gender-based violence must be intensified

A round up of news updates including a look at the impact of organised crime on SA’s economy. Analysis of the impact of the challenges at Transnet and Eskom for the country’s economy and calls for legislation to be amended to curb violence against women and children.

27 Nov 2023 5AM 33 min

[TOP STORY] Repo rate expected to ‘remain reasonably high’ into 2024

‘I don't think that this is a unique sentiment for South Africans. I think that this is playing out in the global environment where central banks are most likely approaching the end of the interest rate hiking cycle, but maintaining quite a lot of caution,’ says Sanisha Packirisamy, economist at…

24 Nov 2023 7AM 5 min

Eskom feels the heat

A round-up of news updates, as Eskom escalates load shedding to stage 6 amid a serious heatwave. A look at the Gauteng Government’s failures on climate change, Sarb's warning on salaries, and think twice before buying that Black Friday musical biscuit maker.

24 Nov 2023 5AM 33 min

[TOP STORY] President calls for decolonisation of SA’s education system

‘We concentrate more on European history and in latter years American history and things like that. We, in fact, need to be looking at the continent first, develop a strong sense of the African culture within our education system,’ says Basil Manuel, executive director of the National Professional Teachers’ Organisation…

23 Nov 2023 7AM 7 min

Black Friday concept needs to be reviewed.

A round-up of news updates, including the call by President Ramaphosa for the speeding up of decolonisation of SA education. Further insights into the worsening situation at Durban Port, the controversy around the two-pot retirement system, and Black Friday madness, is it time to review the whole concept.

23 Nov 2023 5AM 32 min

[TOP STORY] World Bank report: High cost of crime to SA

‘We find that the overall cost is at least 10% of GDP. It comprises of what we call transfer costs, which are the direct losses that households and businesses are suffering from theft and robberies, and that's about 3% of GDP,’ says Bénédicte Baduel, senior economist at the World Bank.

22 Nov 2023 10AM 6 min

Blame game as Cape police become crime targets

A round-up of news updates, including why police in Cape Town are crime targets. A look at the new World Bank report on the economic impact of crime in SA, parliament passing a motion to close the Israeli embassy in SA, and the tricky process of tertiary student funding.

22 Nov 2023 6AM 33 min