Moneyweb@Midday

[TOP STORY] Public job schemes fall short as 12 million remain jobless

‘Getting South Africa to grow, not at 1.5% but at 4%, is what we’ve got to aim for, and we’ve got to fix all the things that hold us back. That’s the most important lever to get jobs,’ Ann Bernstein, says executive director of the Centre for Development and Enterprise.

16 Oct 8AM 9 min

SA’s food insecurity runs deeper than grocery prices

12m South Africans cannot find jobs, urgent action is required, says CDE. Why SA should adopt generative AI responsibly to reach sustainable development goals. And how auctions could trump traditional markets.

16 Oct 5AM 34 min

[TOP STORY] Locals priced out as Cape Town’s luxury property market soars

‘I think we need to just take the R1 billion and put it into perspective - at the average purchase price for foreign buyers of R2.7 million, it's actually only about 370 properties,’ says Grant Smee, CEO of the Only Realty Property Group.

15 Oct 9AM 7 min

Working until 70 doesn’t mean you’ve failed

Can locals still afford to live in Cape Town? A look at the shocking retirement gap facing South Africans. The average salary increased by 3.4% in Q2, but does it alleviate any real financial pressure? And EU tariffs set to hit the steel industry hard.

15 Oct 6AM 34 min

[TOP STORY] Life insurers repay R140m after disputed claims reviewed

‘It’s obviously money that has been recovered for complainants to our office in respect of mostly claims that were previously declined and that have now been upheld by our office,’ says Denise Gabriels, lead ombud for life insurance at the NFO.

14 Oct 8AM 8 min

Ceasefire in the Middle East, but is the war over?

Life ombud recovers over R140m for policyholders after the reversal of declined claims. How customer expectations, technological innovation and shifting geopolitics are transforming global payment ecosystem. And e-waste is growing three times faster than municipal waste – why financial orgs need to take responsibility.

14 Oct 6AM 31 min

[TOP STORY] ActionSA slams ZEP extension as Schreiber defends legal process

ActionSA’s Lerato Ngobeni accuses government of indecision over the latest Zimbabwe Exemption Permit extension. Home Affairs Minister Leon Schreiber defends the move, insisting the extension upholds constitutional obligations.

13 Oct 10AM 15 min

Criminalisation of journalism ‘reckless’: Sanef

Political parties hit out at Zimbabwean permit extensions, home affairs minister responds. And are SA’s poorest households paying the price for the country’s deepening data divide?

13 Oct 6AM 32 min

[TOP STORY] Concerns over secret revival of firearms control bill

‘Regardless of the intentions behind it, this is a vitally important piece of legislation for many South Africans, and South Africans’ voices should be heard throughout that. It shouldn’t be something that’s done in private,’ says Free SA’s Reuben Coetzer.

10 Oct 8AM 7 min

Cancer, circulatory issues weigh heaviest on insurers

Outrage over government’s attempt to revive the controversial Fire Arms Control Bill. How stokvels can power SA’s future. And Cape Town and Johannesburg lead Africa’s booming luxury property market.

10 Oct 6AM 34 min

[TOP STORY] Should South Africa follow Australia’s social media crackdown?

‘I’m the first responder when things go wrong in South Africa with children, and they are going horribly wrong. I can’t even tell you the kind of content these children are exposed to,’ says Emma Sadleir, founder of the Digital Law Company.

9 Oct 9AM 8 min

Blue-gold rush: Water infrastructure is Africa’s next investment frontier

Australia moves to ban teens from social media – could this policy fly in SA? Cheaper potatoes are bringing relief to consumers but putting farmers under pressure. And why sleep is not a luxury but a public health imperative.

9 Oct 5AM 31 min

[TOP STORY] The untouchable politician: Tracking Malema’s money, power and protection

‘He owns a property portfolio that’s worth, at current value, around R40 million or more… when you trace that back, you’ll very easily get to the slush funds and the funders behind Malema,’ says author and investigative journalist, Pauli van Wyk.

8 Oct 8AM 7 min

First 100 paychecks report: Tertiary qualification still worth it

How Julius Malema used his political clout to amass a personal fortune. How the possible sale of the CTICC and global retailer entry could create renewed momentum in the local commercial real estate market. And is your job future-proofed?

8 Oct 6AM 35 min

[TOP STORY] Unite for Change seeks broader alliances ahead of 2026 elections

‘Since the announcement, all of us have been inundated with approaches from local parties…in the coming weeks and months we will add some significant players to Unite for Change,’ says Brett Herron, Unite for Change Leadership Council.

7 Oct 8AM 7 min

R50bn plan to save the N3 and create 50 000 jobs

‘Unite for Good’ – political merger set to contest 2026 election. How Chinese car partnerships are paying off for some local vehicle financiers. And new data shows South Africans borrow more, but still feel the squeeze as credit use rises.

7 Oct 6AM 32 min

[TOP STORY] CSIR warns of ‘innovation chasm’ slowing technology commercialisation

‘There's a lot of good IP that gets generated, but not enough of it gets translated into commercialised products and services because of this lack of funding,’ says CSIR CEO, Dr Thulani Dlamini.

6 Oct 8AM 8 min

Equal parental leave rights: A compliance nightmare for employers?

Eight decades on, is the CSIR still worth taxpayers’ money? Faith groups call Eskom’s bid to operate Koeberg Unit 2 for an additional 20 years an 'unacceptable gamble'. And SA’s R268bn wholesale boom – a lifeline for cash-strapped consumers.

6 Oct 6AM 32 min

[TOP STORY] Jeff Wicks on how syndicates bled Tembisa Hospital of billions

‘One good example is a heavy-duty plastic bucket. One of the companies in that network sold four of these buckets to Tembisa Hospital for about R40 000. Those buckets are really only valued in extreme cases at not more than R200 each,’ says author and News24 investigative journalist.

3 Oct 9AM 8 min

Africa's first Breast Imaging Centre of Excellence

A new book on the 'Shadow State' puts the urgent need for better whistleblower protection back in the spotlight. A new directive aims to give more freedom and rights to tenants living in complexes and estates. And why businesses are increasingly looking at trade credit insurance as a vital safety net.

3 Oct 6AM 33 min