Moneyweb@Midday

Fears over auto sector jobs bloodbath

SA sends a strong message as it moves to ban plastic micro-beads from products. And why we’re still feeling the squeeze despite lower borrowing costs.

5 Sep 6AM 34 min

[TOP STORY] Joburg ‘bomb squad’ promises outcomes, not optics, ahead of G20

‘Citizens want to see change in Johannesburg and change will happen because we intervene physically. We don’t just send emails…we go into those areas and make sure things are resolved instantaneously,’ says Dr Snuki Zikalala, head of Joburg’s bomb squad.

4 Sep 9AM 9 min

SA’s richest spend nearly half their income on debt

Can Joburg ‘bomb squad’ be the answer to the city’s infrastructure and maintenance woes? Why R12.7bn CSI spend still does not address SA’s inequality problem. And the Business Confidence Index shows optimism despite tough economic conditions.

4 Sep 6AM 34 min

[TOP STORY]‘South Africans should not be paying for Eskom corruption’ – Vavi

‘We are arguing that the whole structure of Eskom has become unsustainable. You can’t continue to ask people to pay these extraordinary amounts of money to fund corruption,’ says general secretary of the South African Federation of Trade Unions, Zwelinzima Vavi.

3 Sep 9AM 8 min

‘Beware of bogus Russian job offers’ – Security expert

Saftu hits out at Eskom electricity price hikes. SA businesses are starting to feel the knock-on effects of US tariffs. And the influence of artificial intelligence on psycho-legal work.

3 Sep 6AM 34 min

[TOP STORY] Reclaimers fear job losses as Joburg shuts landfill sites

‘The closure of that actually says there are no more jobs for us. The biggest problem for us is the unwillingness of the city and Pikitup to properly prepare for such activities,’ says Luyanda Hlatshwayo, leader in the African Reclaimers Organisation.

2 Sep 9AM 7 min

Health funders renew fight against NHI law

Joburg landfill closures threaten the livelihoods of thousands of reclaimers. And why creatives are calling for destructive fossil fuel advertising to be banned.

2 Sep 5AM 34 min

[TOP STORY] Electricity hikes raise fears of mass retrenchments in mining, metals

‘In the ferroalloy space, already ten smelters have disappeared in the past ten years. There is no guarantee that the four remaining will be able to continue,’ says Fanele Mondi, CEO of the Energy Intensive Users Group.

1 Sep 9AM 7 min

Africa’s minerals are being bartered for security

Eskom price hikes fuel fears of jobs bloodbath in mining and other sectors. Cape Town announces new AI tourism hub. And will the Fair Play Bill lead to a more transparent and equitable corporate culture?

1 Sep 6AM 32 min

[TOP STORY] Taxpayers warned: Don’t trust Sars auto-assessments at face value

‘South Africans make the mistake of thinking that because Sars has sent you that number, that Sars is okay with that number, which is not the case. You ultimately have the liability to make sure that your assessment is actually correct,’ says Daniel Swiegers, director at TaxTim.

31 Aug 3AM 7 min

‘Revive artisan training to solve unemployment’: expert

Tax experts sound the alarm over Sars auto assessments. SA’s energy transition hits a hard-grid reality. And why fresh investor interest seems to be returning to Southern Africa.

29 Aug 2AM 35 min

[TOP STORY] Big screen survives streaming as millions still flock to cinemas

‘I think as humans, we're so obsessed with the digital world that we forget that there really is something quite cerebral about the old way of doing things, and cinema is definitely one of those things, says Brandon de Kock, director of storytelling at BrandMapp.

28 Aug 10AM 8 min

Africa wealth report: Continent outpaces global growth

An expert explains why millions of litres of wastewater are going missing and why this is compounding SA’s sewage crisis. A new report shows wealth in Africa is outpacing global growth. The Road Freight Association welcomes the historic Transnet deal. And why South Africans are still flocking to the cinema…

28 Aug 5AM 35 min

[TOP STORY] SA Tourism board dismissal reeks of ministerial overreach – Satsa

‘She put that board in place. Trust your board. It’s their job to execute their fiduciary duty. They were doing so with all the good intentions in the world,’ says David Frost, CEO, Southern Africa Tourism Services Association.

27 Aug 9AM 9 min

'Gaza hospital bombing constitutes a hate crime'

Tourism body says SAT board dismissal reeks of ministerial overreach. The DA calls for Tshwane mayor to ‘pay back the money’. And why tax on foreign pensions could deter wealthy retirees from other countries from settling in SA.

27 Aug 6AM 33 min

[TOP STORY] Transport Dept concedes licence backlog will continue to mount

‘On a daily basis we get more than 10 000 applications. So we've got to balance the equation in terms of the backlog as well as the new applications that come through,’ says Department of Transport spokesperson, Collen Msibi.

26 Aug 10AM 8 min

New mining legislation could hurt jobs and investment

Bad news, as driver’s licence backlogs are set to last into 2026. A look at new divorce laws and the impact they could have on homes and properties. And a positive step towards SA’s freight future, as new operators win slots on Transnet network.

26 Aug 6AM 35 min

[TOP STORY] Electricity and logistics reforms drive cautious optimism on SA economy

‘We can expect some upgrades in the next few years. I think the rand can possibly also be slightly more stable in the medium to longer term than what we've become accustomed to,’ says Johan Els, group chief economist at Old Mutual.

25 Aug 9AM 7 min

SAT board removal: Did Tourism Minister follow the correct process?

The rand remains surprisingly resilient despite US tariffs. Why Minister Gayton McKenzie is in hot water over old social media posts. And a look at how communication dead zones are costing lives.

25 Aug 6AM 34 min

SA prisons hellish says Judge Cameron, Minister agrees

With the largest prison population in Africa, how can South Africa transform its jail system for the betterment of those incarcerated and for society at large?

22 Aug 3AM 34 min