Skills drain poses major challenge to Transnet's recovery

Loading player...

Blurb: A round-up of news updates, including new regulations that will see auditors face tougher fines for misconduct. A look at the economic cost of the dysfunction at Transnet and the increase in demand for student accommodation.

20 Jun 2023 6AM English South Africa Business News · Politics

[TOP STORY] Can South Africa still afford its defence force?

‘The defence budget should be very close to 1.5% of GDP, or the international global benchmark of 2% of GDP. Currently, we are at less than 0.7%,’ says independent defence analyst, Kobus Marais.

19 Jun 8AM 7 min

Inside SA’s new right-wing revival

Mission impossible? The SANDF's expanding role and shrinking budget. The green question hanging over SA's energy reforms. And Father's Day gets a makeover as dads swap socks for shared experiences.

19 Jun 6AM 32 min

Foreigners spend big as Cape Town tourism hits R24.5bn

What the DA’s cabinet reshuffle means for the GNU. Petrol pain drives inflation higher despite cheaper food. And digital banking's new challenger has arrived.

18 Jun 6AM 30 min

[TOP STORY] GNU faces new test over cabinet power struggle

‘This is unprecedented, both in the manner in which it has been done, and we are communicating with the president through the media, which will have a dampener on how the two parties are able to tolerate each other,’ says Busani Ngcaweni, director of the Centre for Public Policy and…

18 Jun 8AM 6 min

[TOP STORY] ‘Consequences are dire’ if new agriculture minister doesn’t address FMD bottlenecks

‘Farmers are battling to get vaccine and it is a huge crisis. We are seeing vaccinated animals that are being infected now post-vaccination, and that is purely because the animals around them have not yet been vaccinated,’ says Andrew Morphew, spokesperson, FMD Response SA.

17 Jun 8AM 7 min