Moneyweb@Midday

Code of conduct in parly needs reviewing: Ethics Committee

A round-up of news updates, including a look at how the Border Management Authority plans to secure SA’s land borders. A look at how the passing of the Postbank Amendment Act will pave the way for a state bank and restaurants owners raise concerns over harassment of foreign staff.

3 Oct 2023 6AM 29 min

[TOP STORY] Cosatu calls for competent leadership to revive Transnet

‘The fact is today we transport less goods than we did in 1994, yet the economy has doubled. That just shows you what a crisis we're in and how we just simply need to make this our number one priority right now,’ says Cosatu’s parliamentary coordinator, Matthew Parks.

2 Oct 2023 9AM 6 min

‘Cabinet is bloated yet doesn’t deliver’

A round up of news updates including a look at Mmusi Maimane’s plans to run for presidency. Unions react to executive resignations at Transnet and a look at whether the Public Protector should be entitled to an exit gratuity.

2 Oct 2023 6AM 28 min

[TOP STORY] Net closing in: Gupta and Bushiri extradition

‘They were released on the basis of a court order. But once we clarify all the issues and we resubmit, therefore, the UAE will have a duty to enforce the warrant of arrest again,’ says Ronald Lamola, Minister of Justice and Correctional Services.

29 Sep 2023 9AM 7 min

Transnet is costing the coal sector jobs

A round-up of news, including a look at the impact of bird flu on consumers' pockets. Unions on coal sector job cuts, and analysis of whether Eswatini’s elections are worth it as the country’s king has final say.

29 Sep 2023 6AM 30 min

[TOP STORY] Water shifting to keep the taps on in Gauteng

‘There was a clear instruction from my side to balance the system, stabilise the system, increase the volumes, so that at least even high-lying areas can have water and that's what the team is working on,’ says David Mahlobo, Deputy Minister of Water and Sanitation.

28 Sep 2023 9AM 9 min

DA’s Lady R court challenge 'ill-advised'

A round-up of news updates, including a look at the DA’s court action on the 'Lady R' matter. Analysis of Eskom’s state of the system briefing; and, tributes for Aziz Pahad.

28 Sep 2023 6AM 30 min

[TOP STORY] Crime intelligence commended but visible policing needed

‘I would also like to see that the man on the street also sees the police in full force, on the streets, patrols and so on. We cannot only concentrate on high-tech cybercrime, which is ultimately what the police and these units are targeting at this stage,’ says Dr Llewelyn…

27 Sep 2023 8AM 6 min

SA budget cuts could mean bad news for tourism

A round-up of news updates, including a look at the SIU's probe into the Rooiwal Wastewater Treatment Project. As the world marks tourism day, SA industry players raise concerns about the impact of budget cuts on the sector; and, delving into the Police Minister's claims on improvements in the country’s…

27 Sep 2023 6AM 30 min

[TOP STORY] SAA rises like ‘a phoenix from the ashes’

‘Our role in this intervening period has been to ensure that we have a sustainable operating business model that can weather whatever storm the company can face in the coming two to three years,’ says Professor John Lamola, interim chief executive officer at South African Airways.

26 Sep 2023 8AM 7 min

Better warning systems needed ahead of freak storms

A round-up of news updates, including a look at calls for education to be prioritised in the upcoming mid-term budget. What’s behind the latest storm surges in SA, and local aviation’s role in promoting intra-Africa travel.

26 Sep 2023 6AM 33 min

[TOP STORY] Repo rate 'cut of 1%-2% needed to revive property market'

‘All the people we speak to do believe that in 2024 we’re likely to see rate cuts of ideally somewhere between 50 basis points and 150bps. So I do think there will definitely be some respite next year as inflation reaches that mid peak,’ says Rhys Dyer, CEO of ooba…

22 Sep 2023 9AM 7 min

RAF amendment bill 'will disenfranchise SA'

A round-up of news updates, including a look at amendments to Road Accident Fund legislation. What the Sarb's 'hold' repo rate move means for home buying and a look at whether plans to curb poaching have worked as the world marks World Rhino Day.

22 Sep 2023 6AM 31 min

[TOP STORY] ‘Lion’s share’ of renewable energy sector must go to Eskom - Numsa

‘If this is really a genuine transition, which is about enabling us as a country to move from the dependence of fossil fuel to renewables, then Eskom must play a role and not just a small role, Eskom must play a dominant role. Eskom should be given at least 70%…

21 Sep 2023 8AM 5 min

Motata and Hlophe could be SA's first-ever impeached judges

A roundup of news updates, including a look at what caused the Kommetjie submarine disaster. What the MPC rates decision means for consumers and a look at how parliament will handle the impeachment process of judges.

21 Sep 2023 6AM 32 min

[TOP STORY] NSFAS student non-payments clarified

‘We discovered that some of the students deliberately did not give us the correct information because they knew that we will combine both the salaries of their parents in this instance and they would not meet the quantum of R250 000 per annum,’ says Ishmael Mnisi, media liaison officer for…

20 Sep 2023 8AM 7 min

‘Police officer killings getting out of hand’

A round-up of news updates, including a look at proposals for higher education funding. A look at why unions want the killing of police officers declared as treason and understanding how local aviation can boost intra-Africa travel.

20 Sep 2023 6AM 31 min

DA calls for Transnet CEO to ‘pack her bags and go’

‘The very spine of our logistical economy is in dire straits. It’s responsible for knocking off huge percentages of our GDP and resulted in losses in jobs and severe pressures on our exporters,’ says Ghaleb Cachalia, MP - DA shadow minister of public enterprises.

19 Sep 2023 8AM 5 min

AI is still all the rage

A round-up of news updates including a look at proposals to get Transnet working again. Liquor Traders Association calls for better policing in the country’s taverns and a look at the latest Google Trends Report.

19 Sep 2023 6AM 33 min

[TOP STORY] Doubts that government can successfully implement NDP

‘Had we actually gone ahead and gone into a programme of implementation planning seriously and implementation, those targets that NDP was talking about would've been achieved. We have reversed. We don't have electricity; we don't have any order,’ says Pali Lehohla, director of the Economic Modelling Academy and former statistician-general.

18 Sep 2023 9AM 8 min