Moneyweb@Midday

Rasool’s boot from the USA: Did the ambassador overstep diplomatic boundaries?

As Ebrahim Rasool returns to home soil after being booted from the USA, we ask if the ambassador overstepped diplomatic boundaries? The potential impact of a rate cut on the property industry. And new research suggests that Rooibos could protect petrol attendants from harmful petrochemical exposure.

19 Mar 6AM 30 min

[TOP STORY] Project Big Bang results in 32% drop in ATM bombings

‘There are masterful insights that can be used to be able to identify a perpetrator and that's what this initiative was about, leveraging the access to information we all have,’ says Nischal Mewalall, CEO of the South African Banking Risk Information Centre.

18 Mar 9AM 7 min

Stormy weather: Municipal negligence to blame for knock-on losses

A new report shows shifting consumer behaviour in a cautiously optimistic economic landscape. Will a R460m off-season maintenance plan give the sugar industry a much-needed boost? And growing concerns around municipal negligence in flood-stricken KZN.

18 Mar 6AM 34 min

[TOP STORY] SA ambassador given 72 hours to leave the US

‘One can concede that the ground was certainly not fertile for the kinds of comments that were made because already there were issues that were bubbling on the surface that needed to be addressed,’ says presidency spokesperson Vincent Magwenya.

17 Mar 9AM 8 min

The satellite internet race: Will Spacesail outshine Starlink in SA?

As Elon Musk’s Starlink struggles to find footing in SA, will its Chinese competitor beat it to providing satellite internet to this country? The Presidency speaks on SA’s ambassador to the US getting kicked out of the States. How new operating systems can help small businesses grow. And concern over…

17 Mar 6AM 31 min

[TOP STORY] Municipal funding in focus: Is 2025’s budget enough?

‘There's a small pot of money for local government, there's a lot to be done with it, and if you spend well, and if you spend on the right things, you will be rewarded for that in terms of access to better grants in the future,’ says Kevin Allan, MD…

14 Mar 8AM 7 min

Budget 2025: Bad news for taxpayers

The 2025 Budget places an even heavier burden on taxpayers, but are there any bright spots? We’ll take a look at the increased budget allocated to local municipalities – does this mean we’ll see better service delivery? We'll also discuss why an expert says Sars should get a bigger slice…

14 Mar 6AM 32 min

[TOP STORY] Report reveals how SA consumers are changing their shopping habits

‘Something has to give and what gives is consumers dropping out of categories, focusing on retailers where they might get perceived or actual value back,’ says Zak Haeri, MD at NIQ South Africa.

13 Mar 8AM 7 min

Will the budget help increase SA's revenue?

GNU parties still at odds over the tabled budget - will it achieve what the Finance Minister has set out to do? A look at the true value of water amidst increased scarcity. And how a tech talent development programme has managed to place 96% of its graduates in software teams.

13 Mar 6AM 32 min

[TOP STORY] Black Friday index reveals surging holiday sales shift

‘More spend, both online and in store, has shifted away from the final rush before Christmas to that Black Friday to Cyber Monday period,’ says Rory Bosman chief sales and marketing officer at Ecentric Payment Systems.

12 Mar 8AM 6 min

Higher Education institutions must drive social responsibility

South Africans eagerly await the delivery of the budget speech, but will GNU partners be on board with the Minister’s new proposals? How the Basic Conditions of Employment Act’s new earnings threshold could be a strategic lifeline for the country. And a look at the first official Black Friday Index.

12 Mar 7AM 30 min

[TOP STORY] Land expropriation: Why government should release its own land first

‘We believe that the government owns, through its programme called Proactive Land Acquisition Strategy, about 2.5 million hectares of farmland,’ says Wandile Sihlobo, senior fellow at Stellenbosch University's Department of Agricultural Economics.

11 Mar 9AM 7 min

High excise taxes on alcohol could backfire

National Liquor Traders weigh in on potential pitfalls if large excise taxes are to be levied against the alcohol industry. Are luxury goods stocks still worth investing in? And why an expert says a fundamental shift beyond simply hiking Vat is needed to address budget shortfalls.

11 Mar 6AM 34 min

[TOP STORY] Outa’s bold plan: How SA could save R500bn without raising Vat

‘Why is the taxi industry untaxed? That's a question that's been answered in Parliament. It isn't taxed and there's potentially another R9 billion there per annum,’ says Wayne Duvenage, CEO of the Organisation Undoing Tax Abuse.

10 Mar 9AM 7 min

Who will benefit from Microsoft’s multi-billion-rand SA investment

Will Microsoft’s additional R5bn investment in South Africa help equip the youth with critical Azure skills? Outa says it can find R500bn in the budget without having to hike Vat. How the Sandton shootout highlights a lack of enforcement and accountability when it comes to private bodyguards and gun ownership…

10 Mar 6AM 32 min

[TOP STORY] New streaming levy? What it could mean for SA viewers and creators

‘The ultimate reality here is that these major global players capitalise and extract value from a South African audience and don't pay any local taxes or contribute to the local community as it stands,’ says Leslie Adams, sales director at Reach Africa.

7 Mar 9AM 6 min

Banking app attacks up 196%

Cybercriminals are shifting tactics, relying on mass malware distribution to steal banking details – here’s how to protect yourself. Agriculture shows resilience as it posts a 17.2% Q4 rebound. And where are South Africans spending their money, and are they saving at all? A new report reveals all.

7 Mar 5AM 31 min

[TOP STORY] A call for reform: The push to fix SA’s public service

‘Putting in systems to monitor performance and all those types of things and improving productivity in the public service are some of the issues that I think are quite critical,’ says Yoliswa Makhasi, head of the public service reform programme at the New South Institute.

6 Mar 8AM 5 min

EXCLUSIVE: ‘Drastic steps needed to save humanity’ - Sir David King

Sir David King, head of the Climate Crisis Advisory Group, believes the US’s withdrawal from the Paris Agreement allows the global South to lead climate change charge.

6 Mar 5AM 31 min

[TOP STORY] Breaking the stigma: Is the perception of TVET colleges changing?

‘Tvet colleges are skilling you with practical experience, they're exposing you with real work experience, and with that you don't need to go and find employment, you can actually be an entrepreneur,’ says Sphiwe Masuku, head of brand and marketing at Fundi.

5 Mar 8AM 6 min