Moneyweb@Midday

[TOP STORY] WEF: How can SA improve its trust deficit?

‘What South Africa should be proud of is that those challenges have been identified and public-private partnerships have been set up to try and deliver workable solutions. I think Davos provides an opportunity for team South Africa to showcase that,’ says Kuseni Dlamini, business leader and commentator.

15 Jan 2024 8AM 7 min

‘Audit of grant recipients will prevent ghost payments’

A round-up of news updates, including a look at what's prompting calls for grant beneficiary audits. A look at how SA will convince the world of its investment offering at WEF and calls for the government to conduct an audit on grant payments.

15 Jan 2024 5AM 28 min

[TOP STORY] Sassa admits grants suspension was untimely

‘We do acknowledge that that suspension in January is probably an inappropriate thing to do. We should probably have given those clients a few extra months to correct their details,’ says Brenton van Vrede, executive manager of grants administration at Sassa.

12 Jan 2024 9AM 7 min

SAP fine: Punishment doesn’t fit the crime

A round-up of news updates, including Sassa’s explanation on grant payment delays. Concerns over SA’s railway lines and, as the world gathers for the World Economic Forum, we question SA's investment case.

12 Jan 2024 5AM 30 min

[TOP STORY] Why collapse of rand manipulation case sets a bad precedent

‘These companies have been more likely to partake in collusion and simply throw a ton of legal resources behind themselves and are often acquitted as a result because of the lack of competency of our Competition Commission,’ says Harry Scherzer, CEO of Future Forex.

11 Jan 2024 9AM 5 min

[TOP STORY] Why collapse of rand manipulation case sets a bad precedent

‘These companies have been more likely to partake in collusion and simply throw a ton of legal resources behind themselves and are often acquitted as a result because of the lack of competency of our Competition Commission,’ says Harry Scherzer, CEO of Future Forex.

11 Jan 2024 9AM 5 min

Grant payment delays spell financial crisis for the most vulnerable

A round-up of news updates, including a look at South Africa’s case against Israel at the ICJ.

11 Jan 2024 5AM 30 min

[TOP STORY] Investors waiting in the wings, what’s next for Eskom unbundling?

‘Government will have to come up with creative means to provide certainty to investors that there will be payment. That is why it is critical to have a board, to have a funding model that is robust,’ says Ruse Moleshe, development finance and energy expert.

10 Jan 2024 8AM 5 min

Boeing 737 Max 9 grounding not much of a concern for SA

A round-up of news updates, including a look at plans by government to grow SA’s economy. A look at the work of the newly-established National Transmission Company of South Africa; and, how will the grounding of some of Boeing’s fleet affect its operations.

10 Jan 2024 5AM 31 min

[TOP STORY] 800 doctors available, government hospitals not hiring

‘These are fully qualified independent medical practitioners ready to serve the nation and unfortunately now they can't find jobs in the government sector where they are mostly needed,’ says Dr Cedric Sihlangu, general secretary of the South African Medical Association Trade Union.

9 Jan 2024 7AM 5 min

Unions to help appeal dismissals at Gold One mine

A round-up of news updates, including a look at why so many qualified doctors are unemployed. Insights into what needs to be done to fix the country’s education challenges; and, what SA’s judiciary will be faced with in 2024.

9 Jan 2024 5AM 32 min

[TOP STORY] Competition Commission cracks down on school uniform price fixing

‘Parents can still lodge complaints with the Competition Commission. The commission will go and investigate that specific school and try and understand what the situation is,’ says Karabo Motaung, principal analyst of advocacy at the Competition Commission.

8 Jan 2024 8AM 7 min

ANC 'has a Zuma problem' ahead of the elections

A round-up of news updates, including a look at the high cost of school uniforms. Insights into South Africa’s chances at the International Court of Justice and a look at whether SA's latest energy plan will yield positive results.

8 Jan 2024 5AM 31 min

COP28 outcomes: Not much will change …

A round-up of news updates, including understanding the new powers of Gauteng’s crime wardens. Analysis of SA’s economic performance in 2023 and a look at what dominated Netflix’s viewing list.

14 Dec 2023 5AM 33 min

[TOP STORY] Will SA’s nuclear procurement process be feasible and transparent?

‘They need to keep on updating us in terms of how many countries have actually submitted bids and the decision that they are taking and tell us does it make economic sense for South Africa to choose that country,’ says Princess Mthombeni, founder of Africa4Nuclear.

13 Dec 2023 8AM 7 min

Green shoots in SA's economy … but caution advised

A round-up of news updates, including a look at government's nuclear procurement plans.

13 Dec 2023 5AM 23 min

Hunger named top concern for children in 2023: Save the Children

A round up of news updates including a look at what the airports of the future will look like. Unions call for post office jobs to be saved and tribute to South African musician Zahara.

12 Dec 2023 5AM 31 min

[TOP STORY] Cosatu welcomes proposed increase to minimum wage, but still not a survivable income

‘The current minimum wage is about R25.42 an hour. If the minister does agree to the CPI plus 3%, that should take it to about R27.50, so that's a significant improvement. But given the levels of inflation and the cost of living, you're still going to be in deep poverty,’…

11 Dec 2023 8AM 8 min

Developing nations have a climate change financing problem

A round-up of news updates, including a look at climate-change funding. Unions urge the public to take part in consultations to determine 2024's minimum wage and how to keep staff motivated during the holiday season.

11 Dec 2023 5AM 30 min

MoneywebAtMidday - Top Story 08 Dec 2023

Dawie Roodt : Economist

8 Dec 2023 6AM 6 min