Moneyweb@Midday

[TOP STORY] Mashaba hints at mayoral run, refuses to back Zille

‘I have no confidence in either of them. Dada Morero, you look at the state of the city. Helen Zille, let me tell you that she's responsible for the mess we were in in the city of Johannesburg when I was the mayor,’ says ActionSA president, Herman Mashaba.

25 Sep 7AM 10 min

President Ramaphosa takes stage at the UN General Assembly

The race for the Johannesburg mayorship heats up as Herman Mashaba takes aim at Helen Zille. President Cyril Ramaphosa takes the world stage at the UN General Assembly. And how iStore is providing crucial support for South African small businesses.

25 Sep 7AM 34 min

[TOP STORY] Chinese and Indian visitor numbers slump despite visa reforms

‘South Africa used to be the largest tourism market on the African continent. We have slowly lost ground over the years to Morocco, to Tunisia, to Kenya, to Tanzania,’ says Lee-Anne Bac, partner in strategic development and advisory, BDO.

23 Sep 7AM 7 min

Fighting dirty money at the G20

Business Unity South Africa (Busa) takes the government to court over its new employment equity targets. The tourism sector questions why Asian visitor numbers are declining despite visa fast-tracking. And how the fight against illicit financial flows can remain a top priority on the G20 agenda

23 Sep 7AM 38 min

[TOP STORY] Deadline for Joburg mayor as water crisis continues

‘Before we receive his reports, we will have a meeting with National Treasury and the Auditor General because we believe that what they've done is illegal. They cannot take money away that's been budgeted for,’ says Leonard Basson, chair, parliamentary portfolio committee.

22 Sep 7AM 7 min

Nasrec spectacle: Is the ANC crumbling?

Is the ANC crumbling? An expert unpacks the 'Nasrec spectacle' as Joburg’s mayor faces a deadline over the water crisis. How a fiasco at the veterinary council threatens animal welfare across the country. And the major geopolitical shift as the UK moves to recognise Palestine.

22 Sep 6AM 32 min

PIC board replacement ‘troubling’: Maimane

South African retail grows in first half of 2025, but tech sales remain under pressure. A local liquor distribution company sets sights on African expansion through a foreign investment deal. And why the future of work is not hybrid, but intentional.

19 Sep 6AM 31 min

[TOP STORY] Google backs local AI startups in bid to drive job creation

‘AI presents a level playing field where this was sprung upon us all at the same time. Now we all have the same opportunity to pick up on learnings, to play with the different platforms, to build different solutions leveraging AI,’ says Folarin Aiyegbusi, startup developer at Google.

18 Sep 9AM 8 min

Landfill crisis: Bad for economy and jobs

What the surprise GDP rebound means for monetary policy and investor sentiment. A major banks analysis shows stability amidst uncertainty. And can AI startups fix SA’s job crisis?

18 Sep 6AM 33 min

[TOP STORY] E-hailing clampdown: Panic buttons and branding required

‘When a driver or a passenger activates that in-app SOS feature, it directly connects to Aura’s auto-dispatch platform. The nearest vetted private response vehicle autonomously is dispatched to the incident,’ says Justin Suttner, GM for Aura sub-Saharan Africa.

17 Sep 11AM 5 min

High-stakes R147.9m Madlanga corruption commission kicks off

A look at new security requirements for e-hailing companies in SA. A stark reality, as a new report finds that 82% of young South Africans earn less than R6 000. And how a 40-city African AI hackathon is set to change how AI serves communities.

17 Sep 6AM 32 min

[TOP STORY] Government policy U-turn stalls credit lifeline for SA small businesses

‘Extending credit to small businesses was seen as an important enabler for small business to grow and thus create jobs. We're setting back a much bigger, more important agenda here by virtue of this misunderstanding,’ says Busa CEO, Khulekani Mathe.

16 Sep 9AM 8 min

Wage gap leaves domestic workers trapped in debt

Business slams minister’s U-turn on credit rules meant to ease SME funding. And why SA must solve the foot and mouth disease outbreak to protect export growth.

16 Sep 6AM 32 min

[TOP STORY] ‘Leaking bucket of money’: Joburg water crisis laid bare

‘We are losing at least 27% of our water to leaks in the city of Joburg. They can’t only say it’s high demand. They’ve got to say the demand is high given the poor state of our infrastructure,’ says Dr Ferrial Adam, executive director, WaterCAN.

15 Sep 10AM 8 min

Surname law ruling a victory for gender equality in SA

Burst pipes, leaking reservoirs and funding shortfalls – what is needed to fix Gauteng’s water crisis? A first-ever ‘rapid deal-making’ initiative aimed at fast-tracking job creation. And Gauteng’s property price rebound continues.

15 Sep 6AM 35 min

[TOP STORY] Transnet boss confident about funding R127bn capex plan

‘The objective for us to make a meaningful contribution to the economy of this country is for South Africa to move to 250 million tonnes. Transnet itself has a target this year of 180 million tonnes,’ says Transnet CEO, Michelle Phillips.

12 Sep 9AM 8 min

No meat on the menu for Braai Day

Transnet GCEO Michelle Phillips on R127bn rail and port expansion plans despite R1.9bn loss. Why Mpox is now considered a real business risk for companies operating on the African continent. And can a standard-driven performance model restore public trust in SA’s municipalities?

12 Sep 6AM 32 min

[TOP STORY] AI-powered scams target SA banks, insurers and retailers

‘A deepfake is synthetic media, either video, audio or image, that's created using AI to realistically impersonate someone. Often used in fraud, misinformation, or identity theft,’ says Amritha Reddy, senior director of fraud product management at TransUnion Africa.

11 Sep 10AM 9 min

Report: Life in SA becoming unaffordable for majority

Deepfake-related fraud cases surge by 1 200%. How AI can help fight the scourge. Agriculture GDP posts strong growth despite trade-related headwinds. And SA’s art market is booming, but is at risk due to theft threats and underinsurance.

11 Sep 7AM 20 min

[TOP STORY] Lesufi targets crime, red tape in Gauteng jobs drive

‘Almost two months ago, together with the president, the pledges that were made by BMW to open a new, highly technologically advanced plant were successful. That's almost R5 billion, and it has moved from being a pledge to a practical solution,’ says Gauteng Premier, Panyaza Lesufi.

10 Sep 8AM 10 min