Moneyweb@Midday

[TOP STORY] Eskom needs a ‘fixer’ CEO

‘We're not pushing for any candidate. We need someone who will come there, solve the issues of Eskom, get us out of this load shedding and let the country go on with this life,’ says Black Business Council CEO, Kganki Matabane.

30 May 2023 8AM 6 min

'Diplomatic immunity does not mean Putin can escape ICC warrant'

A round-up of news updates, including a look at warnings from the Sarb that sanctions would damage SA’s economy, why Charlotte Maxeke Hospital is cancelling thousands of surgeries and what qualities the new Eskom CEO will need.

30 May 2023 6AM 33 min

Exclusions limit electricity minister’s power

‘The minister doesn't really have any significant powers relative to the DMRE. The reason I'm saying this is because Minister Mantashe remains with the ability to do national planning with respect to energy,’ says energy analyst, Ruse Moleshe.

29 May 2023 12PM 4 min

[TOP STORY] Calls for Sarb governor to resign

‘They are acting indifferently to the situation in the country, the situation of mass unemployment, and they must know that this hike will increase unemployment even further,’ says AIDC senior economist, Dick Forslund.

29 May 2023 8AM 5 min

Unemployment crisis makes easy prey of desperate South Africans

A round-up of news updates, including a look at calls for Sarb governor to step down, understanding the electricity minister’s new powers and trade relations between SA and Nigeria as the latter inaugurates a new president.

29 May 2023 6AM 31 min

[TOP STORY] Grain SA raises concerns over the availability of farmland

‘Mines are buying large pieces of land and they don’t have a specific timeline when they want to start mining there or building it up,’ says CEO of the industry group Pieter Taljaard.

29 May 2023 5AM 6 min

High interest rates crippling you? Listen to this

A round-up of news updates, including a look at last week’s G7 meeting, Grain SA raises concerns over the availability of farmland and a look at whether WhatsApp’s new edit feature is worth it.

26 May 2023 5AM 34 min

[TOP STORY} Cholera outbreak: Tshwane testing to find source

SA could be in 'big danger' of further outbreaks of water-borne disease if it doesn’t get the pollution in its river systems under control: Tshwane MMC Peter Sutton.

25 May 2023 9AM 11 min

Load shedding making restaurants less profitable

A round-up of news updates, including a look at how Tshwane plans to fix its water treatment plants and load shedding’s impact on food deliveries.

25 May 2023 6AM 32 min

[TOP STORY] ' Careful footwork’ required by Sarb for rate hike announcement

‘What is going to be important on Thursday is how the governor is going to navigate through an economy that is weakening, but inflationary pressures remaining quite elevated,’ says Tertia Jacobs, treasury economist at Investec.

24 May 2023 8AM 5 min

Eskom wage negotiations ‘unlikely to impact load shedding’

A round-up of news updates, including a look at ongoing wage negotiations at Eskom, a look ahead to Thursday’s rate decision, and how much time we waste listening to on-hold music?

24 May 2023 6AM 30 min

[TOP STORY] Water crisis 'not confined to Hammanskraal'

‘The reality is we need R1 trillion in the water sector just to fix what is broken. That's a conservative number,’ says water scientist, Professor Anthony Turton.

23 May 2023 8AM 6 min

SA needs a functioning e-visa system to halt tourism stagnation

A round-up of news updates, including a look at the role of SA’s poor water infrastructure in the cholera outbreak, governance concerns at Unisa and a look at plans to solve local wildlife crime.

23 May 2023 6AM 33 min

[TOP STORY] Hosting Putin for Brics would be ‘disastrous’ for SA trade

‘I believe our agricultural exports, which would all benefit from Agoa, would certainly be the lowest hanging fruit if the US wanted to penalise us in some way,’ says Donald MacKay, CEO of XA Global Trade Advisors.

22 May 2023 8AM 5 min

SA's anti-corruption controls are not working

A round-up of news updates, including a look at why AGOA is important for South Africa, online applications to get learners into Grade 8 will open soon, and what are the ethical considerations for AI.

22 May 2023 6AM 32 min

[TOP STORY] Calls for halt of SAA-Takatso deal

‘We believe that this deal, which has been engineered by Minister Pravin Gordhan, is dodgy and it is our view that because of the glaring governance gaps, we can presume that this is a corrupt deal,’ says Phakamile Hlubi, national spokesperson for the union.

19 May 2023 8AM 7 min

Fuel price structure review could provide some relief

A round-up of news updates, including why some unions want the SAA/ Takatso deal halted, what's behind a rise in the sale of fake luxury items and some good news for consumers as the fuel price is expected to decrease in June.

19 May 2023 6AM 33 min

[TOP STORY] Stage 8 possible every day this winter – Eskom forecast

‘They are basing their forecast on temperatures of about 32 or 33 degrees Celsius, whereas they also say that an extremely cold winter is being forecast,’ says Antoinette Slabbert, senior Rapport journalist.

18 May 2023 8AM 5 min

Eskom burns more diesel to keep lights on

A round-up of news updates, including why some unions want the electricity minister out, why the JHB raids were done illegally and how SA’s publishing sector is affected by illegal book downloads.

18 May 2023 6AM 32 min

Will SA’s Russian relationship jeopardise peace mission?

‘This particular initiative will bring them the additional opportunity to see with their own eyes that Russia's propaganda was overwhelming in the region,’ says Ukraine ambassador to South Africa, Liubov Abravitova.

17 May 2023 12PM 6 min