Moneyweb@Midday

Busa on Cosatu strike: ‘Staging a protest is not helpful’

A round-up of the day’s news, including why Business Unity SA thinks the Cosatu strike is not beneficial in the current economic climate and what the ‘sandwich’ generation is using their two-pot retirement system withdrawals for.

7 Oct 2024 3AM 33 min

[TOP STORY] Machinations of fraud still to be revealed in Steinhoff case

‘The level of sophistication in the way Markus Jooste was able to actually create fictitious cash flows is something that I think accountants didn't actually know is possible in most cases,’ says Rob Rose, journalist and author of Steinheist.

4 Oct 2024 6AM 7 min

‘Slow payments, lots of paperwork hampering small business growth’

A roundup of today’s news, including a spotlight on the role of technology in education, new thinking on how small businesses can help to fix SA and heatwaves expected as the SA weather service predicts a La Niña event.

4 Oct 2024 3AM 33 min

Thabo Bester escape shows private prisons are 'not necessarily better’ – Groenewald

A round-up of the day’s news including the Public Protector’s findings on the Thabo Bester scandal; and, the first poll on the GNU shows support for coalition parties, while others are left out in the cold.

3 Oct 2024 3AM 32 min

[TOP STORY] CEOs are ‘getting personally involved’ in govt partnership: Kingston

‘Everybody is fully committed to the structural reform that is necessary, to the role and participation of the private sector, to harnessing all resources wherever they are,’ says Business for South Africa chair, Martin Kingston.

2 Oct 2024 7AM 9 min

How PE's port problems could make petrol pricier

A round-up of today’s news, including why Port Elizabeth port woes will affect the petrol price cut. And what employers need to know and consider ahead of next week’s Cosatu strike.

2 Oct 2024 3AM 32 min

Rondebosch East land clash: ‘We need a win-win solution’

A roundup of the day’s news, including why private investment in STEM sector students is critical to secure the scarce skills the country needs, and unhappiness from the Rondebosch East community about land earmarked for a social housing development.

1 Oct 2024 3AM 33 min

[TOP STORY] SA chrome and copper production could boost beleaguered mining industry

‘South Africa is one of the biggest producers of chrome in the world and, in fact, last year we had record exports, all-time high exports of chrome from South Africa,’ says Hugo Pienaar, chief economist, Minerals Council South Africa.

30 Sep 2024 6AM 7 min

Vat-free chicken: ‘It must be affordable for the consumer and the fiscus’

A roundup of the day’s news, including why an expert says ESG naysayers are wrong and why Vat-free chicken products could bring relief to low-income consumers.

30 Sep 2024 3AM 34 min

[TOP STORY] Most popular countries for SA’s retirees and skilled workers

‘When you can be paying a tax rate of 2%, 3%, plus you've got good infrastructure around you, a nice climate and so on, that really is a drawcard ,’ says Rex Cowley, director and co-founder of Overseas Trust and Pension.

27 Sep 2024 6AM 6 min

Ousted Tshwane mayor: ‘Between the ANC, EFF and Action SA - there is no plan’

A roundup of the day’s news including a look at the top countries rich South Africans are moving to, and ousted DA Tshwane mayor says he is determined to stay and fight.

27 Sep 2024 4AM 33 min

[TOP STORY] Key findings of the latest Directors Remuneration Report

‘The interesting thing is that industries like basic materials, consumer goods or services tend to be much larger companies, and so when you look at the pay for the CEO on the guaranteed pay side, typically they’re paid higher than the rest of the industries,’ says Laurence Grubb, MD of…

26 Sep 2024 7AM 9 min

Disaster management centres often a 'one-man show with no money or equipment’

A roundup of the day’s news including why an expert says we’re not ready for the next snows, risk planning around a climate change crisis and how well-managed dump sites could benefit the environment and economy.

26 Sep 2024 3AM 35 min

[TOP STORY] Alternative accommodation plans for Castle of Good Hope shanty town residents

‘The City of Cape Town has really done pioneering work to establish safe spaces where these individuals can stay, where they can wash, where they can clean. It's safe, it's secure and they can voluntarily go there,’ says James de Villiers, spokesperson for the Minister of Public Works and Infrastructure.

25 Sep 2024 5AM 5 min

GNU's first 100 days: ‘We can’t afford to fail’

A roundup of the day’s news including R91bn in unclaimed assets like insurance policies and dividends, and what does the future hold for residents of a CT shantytown?

25 Sep 2024 3AM 31 min

Two-pot withdrawals: ‘It is worrying’

: A round-up of the day’s news, including why IQ is no longer the sole indicator of success, and two weeks of the two-pot retirement system – how South Africans are taking advantage of the new rules.

23 Sep 2024 4AM 35 min

Moneyweb@Midday

Moneyweb@Midday is back, with veteran journalist Jeremy Maggs the new host of the podcast. Launching on 8 May 2023, Moneyweb brings you a fast-paced live daily news show, covering a wide range of topics, from business and economics to breaking news in politics, tech, sport and more. The show features…

23 Sep 2024 4AM 35 min

[TOP STORY] The debt trap threats of extended finance

‘I think one of the big things that credit providers have done is they've gone and made these lump sum big expenses look cheap by turning them into a monthly instalment,’ says financial journalist, Maya Fisher-French.

20 Sep 2024 6AM 9 min

Dam safety standards: 'Government can’t do it alone'

A roundup of the day’s news including local astronomers working with Nasa to find out more about dwarf planet Pluto.

20 Sep 2024 3AM 33 min

[TOP STORY] Cape Town has the highest number of centi-millionaires in Africa

‘Although there are only about 400 centi-millionaires in Africa, if you were to take those 400 people away, it would completely destroy the middle class, for instance, because most of the big companies in Africa were started by those centi-millionaires,’ says Andrew Amolis, head of research at New World Wealth.

19 Sep 2024 6AM 7 min