Moneyweb@Midday

Creative solutions needed to fix KZN's beach closure chaos

A round-up of news, including a look at the weather forecast in KZN following a tornado on Tuesday. Tourism businesses in KZN raise concerns over beach closures, a look at the problem of illegal mining in SA and how to avoid falling prey to phishing scams.

28 Jun 2023 6AM 32 min

[TOP STORY] Presidential Employment Stimulus has delivered 1.2 million jobs

‘Right now, we have 235 000 young people placed as school assistants in 23 000 schools in the country. That is the biggest youth employment programme the country has seen,’ says Dr Kate Philip, programme lead: Presidential Employment Stimulus.

27 Jun 2023 9AM 7 min

‘Mashatile allegations are concerning, must be probed’

Exploring the implementation of SA's basic income grant, and other news updates. Concerns around the Deputy President's links to corruption-accused individuals and a new report tracks how South Africa treats its elders.

27 Jun 2023 6AM 32 min

[TOP STORY] Latest employment equity report reveals ‘disheartening’ stats

‘I think as a country, we haven't had a serious discussion and debate around how we feel honestly about transformation and confronted our own stereotypes and our own fears around this particular matter,’ says chairperson for the Commission for Employment Equity, Tabea Kabinde.

26 Jun 2023 8AM 7 min

Eskom’s carbon exemption a temporary fix

A round-up of news updates, including a look at the latest Employment Equity report. What’s at play in Russia as the Wagner Group turns on Putin, the National Energy Crisis Committee gives an update on SA's energy plans and the benefits of gender-inclusive bathrooms.

26 Jun 2023 6AM 32 min

[TOP STORY] No sense of urgency to act on Zondo Report

‘I see no problem with what he (Chief Justice Raymond Zondo) said yesterday because a year on from him handing over his final reports to the president, very little has happened, and I think Parliament would be better advised to actually tell us exactly what it has done,’ says executive…

23 Jun 2023 8AM 6 min

Winde now confident SA won't be dropped from Agoa

A round-up of news updates, including a look at what steps have been taken to prevent state capture a year post the Zondo report. Eskom gives an update on prospects for load shedding for the rest of winter and a look at how much funding SA needs for the implementation…

23 Jun 2023 6AM 34 min

[TOP STORY] The cupboard is bare for Steinhoff shareholders

‘There’s no value for shareholders, there's no recovery, I think the creditors will actually have to take a haircut themselves,’ says chief investment officer at Benguela Fund Managers, Zwelakhe Mnguni.

22 Jun 2023 8AM 5 min

Missing Titan: How deep sea searches are conducted

A round-up of news updates, including a look at the latest developments at Steinhoff. A look at new data that shows South Africans are struggling to put food on the table and the prospects of finding the missing Titanic submersible.

22 Jun 2023 7AM 32 min

[TOP STORY] SA’s new hydrogen fund attracting investors

‘I think South Africa is poised to become a global leader in this space. If we don't do it now, we'll miss out,’ says head of strategic initiatives at Climate Fund Managers, Kevin Anderson.

21 Jun 2023 8AM 5 min

‘SA well on its way to eliminating HIV/Aids’

A round-up of news updates, including a look at how SA’s new green hydrogen fund. A look at what advancements have been made in the fight against HIV/Aids and why SA is a biodiversity favourite.

21 Jun 2023 6AM 33 min

[TOP STORY] Irba fines may have unintended consequences

‘You can imagine that if you are now going to start your own auditing firm, for example, the type of professional indemnity insurance that you need to be able to buy in order to cover all eventualities is suddenly going to escalate,’ says independent analyst, Khaya Sithole.

20 Jun 2023 8AM 6 min

Skills drain poses major challenge to Transnet's recovery

Blurb: A round-up of news updates, including new regulations that will see auditors face tougher fines for misconduct. A look at the economic cost of the dysfunction at Transnet and the increase in demand for student accommodation.

20 Jun 2023 6AM 31 min

[TOP STORY] More war than peace as African delegation returns

‘There's a theory that is gaining momentum, that this mission is basically a front of Vladimir Putin, who finds himself in a corner and having been forced to negotiate with Ukraine, but he can't initiate those negotiations because he has to save face,’ says researcher and director at Africa Asia…

19 Jun 2023 8AM 7 min

Fake CVs : 'It’s an indication of society’s failing ethics'

A round-up of news updates, including a look at whether the Africa peace mission to Ukraine and Russia was a success. Consequences of false CV claims and Ugandan school attack claims 42 lives.

19 Jun 2023 6AM 33 min

Government’s geyser smart meter plan – how will it work

‘We're actually doing this for thousands of people already and they've always got hot water. It's a 45-minute install and it can basically save load shedding across South Africa,’ says Sensor Networks founder, Mark Allewell.

15 Jun 2023 10AM 5 min

Depoliticising SAPS is key to efficient crime fighting

A round-up of news updates, including a look at whether South Africans should be concerned about government's plans for smart geysers. A look at how policing should work in SA and land reform myths explained.

15 Jun 2023 6AM 34 min

[TOP STORY] NHI possibly 15 years away from implementation

‘If you are telling South Africans that we are coming up with such a huge project, then at least you must show them by building hospitals, by employing healthcare workers and making sure that the working conditions are conducive, and you don't have a push factor that is going to…

14 Jun 2023 8AM 7 min

Government departments' municipal debt is 'shameful'

A round-up of news updates, including a look at how government plans to stabilise the country’s municipalities. Understanding Donald Trump’s legal challenges and insights into some of the biggest concerns around the NHI Bill.

14 Jun 2023 6AM 31 min

[TOP STORY] Eskom-Mozambique gas deal needs to be transparent

‘What is the situation in Carbo Delgardo, where that gas is coming from? We don't know and we don't know the details. So I think we should demand them, especially if any public funds are going near this,’ says energy research consultant, Hilton Trollip.

13 Jun 2023 9AM 8 min