Moneyweb@Midday

[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 5AM 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 3AM 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 5AM 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 3AM 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 5AM 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 3AM 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 5AM 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 3AM 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 5AM 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 3AM 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 9AM 6 min

Gas-to-power ships deal stinks – energy consultant

‘This contract really needs to be much more transparent, we need to see the numbers, we need to see power purchase agreements and at the moment it’s all secret,’ says Hilton Trollip, research fellow, Global Risk Governance Programme.

17 May 2023 5AM 6 min

'SA's water issues nowhere near level of power problems'

A round-up of news updates, including a look at how to fix SA’s ageing water infrastructure, Ukraine's ambassador to SA's response to a peace mission proposal by African leaders and what can be done about the country’s shocking literacy levels.

17 May 2023 3AM 31 min

Activist Zachie Achmat standing for election in 2024

‘Personally, I think it’s the duty of people like myself, who are on the progressive left, to work towards a very broad coalition but to be independent.’

16 May 2023 5AM 8 min

Digital literacy critical to SA to delivering jobs of the future

A round-up of news updates, including a look at how to fix SA’s unemployment challenges and activist Zackie Achmat on remedying the country’s ills.

16 May 2023 3AM 30 min

[TOP STORY] All indications SAA will show a modest profit – Derek Hanekom

‘We’re no longer on the edge, we’re expanding, we’ve got permission from the minister to acquire five additional aircraft,’ says the interim board chair of the national airline.

15 May 2023 5AM 6 min

Inequality worsens as more people live in extreme poverty

Blurb: A round-up of news updates, including a look at how SAA’s interim board is working to stabilise the national carrier, the NPC's concerns over escalating poverty in SA and why university students are prone to depression.

15 May 2023 3AM 28 min

Has SA joined the list of global rogue nations?

‘Why has it taken so long to get to this point when this ship docked in Simon’s Town in early December, the defence force has been remarkably unforthcoming with information,’ says independent journalist and analyst, Peter Fabricius.

14 May 2023 9AM 6 min

[TOP STORY] SA fragile, but not a failed state

Dr Iraj Abedian and Moeletsi Mbeki weigh in on where the country is at the moment …

12 May 2023 6AM 15 min

SA’s probe into Russia arms accusations is just a time-buying exercise

A round-up of news updates, including a look at the potential diplomatic spat between South Africa and the US as a result of claims the country provided Russia with arms and ammunition. What are the makings of a failed state?

12 May 2023 3AM 31 min