Two-pot withdrawals: ‘It is worrying’

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: A round-up of the day’s news, including why IQ is no longer the sole indicator of success, and two weeks of the two-pot retirement system – how South Africans are taking advantage of the new rules.

23 Sep 2024 7AM English South Africa Business News · Politics

[TOP STORY] Pityana: Economic despair is fuelling hostility towards foreign nationals

‘South Africa's economy has not been performing in the last probably 10 to 15 years and there's a phenomenon of an economy that is actually not progressing in any manner whatsoever,’ says veteran anti-apartheid activist, Dr Barney Pityana.

30 Oct 7AM 8 min

A tourist attraction in ruins: How Gqeberha is squandering its heritage

SA's anti-migrant violence: Pityana condemns a nation looking away. Could the local government elections change where South Africans choose to buy homes? And SA’s construction sector faces a costly digital wake-up call.

30 Oct 6AM 35 min

[TOP STORY] Black November puts e-commerce operations under pressure

‘I think the reality is small e-commerce merchants are more vulnerable… they probably need to plan a little bit more and make sure that they invest in their inventory,’ says Anita Erasmus, chief executive of Bob.

29 Oct 8AM 7 min

Gold above $4 100: What your Krugerrand is really worth

Dogs, donkeys and even bees: SA's sweeping new animal ID rules. Black Friday's hidden risk: When too many sales become a business nightmare. And behind the ballot, the digital infrastructure powering SA’s elections.

29 Oct 6AM 34 min

[TOP STORY] Using borehole water? Why you could still pay municipal charges

‘If you are putting water that you draw out the borehole back into the sewer system, which is the municipality sewer system, you are utilising their services,’ says Chantelle Gladwin-Wood, head of public law at HBGSchindlers Attorneys.

28 Oct 7AM 8 min