Moneyweb@Midday

[TOP STORY] Pityana: Economic despair is fuelling hostility towards foreign nationals

‘South Africa's economy has not been performing in the last probably 10 to 15 years and there's a phenomenon of an economy that is actually not progressing in any manner whatsoever,’ says veteran anti-apartheid activist, Dr Barney Pityana.

30 Oct 7AM 8 min

A tourist attraction in ruins: How Gqeberha is squandering its heritage

SA's anti-migrant violence: Pityana condemns a nation looking away. Could the local government elections change where South Africans choose to buy homes? And SA’s construction sector faces a costly digital wake-up call.

30 Oct 6AM 35 min

[TOP STORY] Black November puts e-commerce operations under pressure

‘I think the reality is small e-commerce merchants are more vulnerable… they probably need to plan a little bit more and make sure that they invest in their inventory,’ says Anita Erasmus, chief executive of Bob.

29 Oct 8AM 7 min

Gold above $4 100: What your Krugerrand is really worth

Dogs, donkeys and even bees: SA's sweeping new animal ID rules. Black Friday's hidden risk: When too many sales become a business nightmare. And behind the ballot, the digital infrastructure powering SA’s elections.

29 Oct 6AM 34 min

[TOP STORY] Using borehole water? Why you could still pay municipal charges

‘If you are putting water that you draw out the borehole back into the sewer system, which is the municipality sewer system, you are utilising their services,’ says Chantelle Gladwin-Wood, head of public law at HBGSchindlers Attorneys.

28 Oct 7AM 8 min

Petrol, politics and the polls: Unpacking Godongwana’s fuel relief

You paid for the borehole, now the municipality wants a cut. SA consumers have had enough of paying for services they don’t get. And household hunger reaches its highest level since 2010.

28 Oct 6AM 34 min

[TOP STORY] Joburg’s broken finances could doom its next mayor

‘You can't say I'm the popular mayor and therefore I know how to fix corruption, or therefore I can manage this budget. You can't,’ says Mark Barnes, former chief executive of the South African Post Office.

27 Oct 8AM 8 min

Ratings upgrade on the cards after Moody’s thumbs-up

Why even the best turnaround plan might not be sufficient to deal with Joburg’s broken finances. A new survey shows financial stress affects mental health across generations. And big brand values surge by R232bn.

27 Oct 6AM 33 min

[TOP STORY] Nobel laureate Navi Pillay on justice, power and accountability

From threats to international justice to corruption and poor governance at home, the Nobel winner reflects on power, human rights and the fight for accountability.

26 Oct 7AM 18 min

Nobel winner Navi Pillay talks justice, power and accountability with Jeremy Maggs

Could El Niño drive up food prices in SA?

26 Oct 6AM 29 min

[TOP STORY] Vehicle repossession: What banks can and cannot legally do

‘There are only two instances where a bank can legally retake possession of a vehicle from its customer,’ says Johan Brouwer of the National Financial Ombud Scheme.

23 Oct 7AM 8 min

Who gets the vaccines? Global pandemic deal under pressure

Can the bank legally repossess your car? The cash is coming, but red tape could keep SA’s minerals underground. Five million applications expose SA’s desperate fight for entry-level work.

23 Oct 6AM 34 min

[TOP STORY] Local bus manufacturing could add billions to SA's economy

‘There's a massive opportunity on the table. South Africa does already build world-class bus bodies,’ says Irshaad Kathrada, chief executive of the Localisation Support Fund.

22 Oct 8AM 7 min

Four months in: Is SA’s new lottery operator delivering?

Building buses at home could add R1bn to GDP. The economic stakes of South Africa’s local government elections. And can SA turn its biotech talent into global treatments?

22 Oct 6AM 36 min

[TOP STORY] Medicine price hike imposed without proper consultation, industry warns

‘We weren't consulted. We don't understand the exact formula. How was this calculated? Because 2.88% is not an arbitrary number,’ says Thoneshan Naidoo, chief executive of the Health Funders Association.

21 Oct 8AM 7 min

Who’s delivering water and who isn’t? SA’s 144 authorities mapped

Medicine prices rise again with a R1.4bn sting for schemes and households. SA isn’t building homes fast enough, and it's putting first-time buyers under pressure. And the growing pressure on school athletes.

21 Oct 6AM 31 min

[TOP STORY] Secrecy surrounding state capture trial is ‘dangerous’ for democracy

‘We are challenging the order that was made on 15 October, which imposes very broad restrictions on the public and the media's access to these proceedings,’ says Nicole Fritz, executive director of the Campaign for Free Expression.

20 Oct 8AM 8 min

What the MTBPS means for growth, jobs and the rand

Spy trial secrecy challenged in urgent court bid. Why health advocates want a minimum alcohol price. And a new survey finds that 65% of South Africans are struggling to make ends meet.

20 Oct 6AM 34 min

[TOP STORY] El Niño: SA farmers urged to prepare for a punishing summer

‘If people are not going to be proactive on this, it will have an effect on them. I do not believe that all the scientists in the world who predict this will, all collectively, be wrong,’ says Agriculture Minister, Willie Aucamp.

19 Oct 8AM 7 min

Harties is SA’s Town of the Year and 85% of visitors come from Gauteng

Super El Niño: Minister warns SA not to be fooled by early rains. Standing still on energy is getting expensive for businesses. And the bigger tax story isn’t a rate hike, it’s Sars’s growing ability to detect discrepancies.

19 Oct 6AM 32 min