Moneyweb@Midday

'Unspent funds in eThekwini will have a huge impact on infrastructure'

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A round-up of news updates, including a look at concerns by opposition parties in eThekwini over unused funds. Analysis of the upcoming Agoa summit and calls by supporters for the Boks to add more cities to their trophy tour.

31 Oct 2023 6AM 34 min

[TOP STORY] Medium-Term Budget: Godongwana may hint at VAT increase

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‘The only way is to spread the burden across all South Africans, not to target the rich. I think that he will lay that ground so that in February he’s able to increase the VAT,’ says economist and commentator, Dr Lumkile Mondi.

30 Oct 2023 8AM 6 min

Measures in place to prevent matric paper leaks

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A round-up of news updates, including a look at how the rugby win will boost SA’s global brand. A look at exam readiness as matriculants begin exams and how bad is SA’s cash crunch?

30 Oct 2023 6AM 34 min

[TOP STORY] Springboks’ laser-focused and ready to make a meal of Kiwis

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‘The motivation they would've got, the confidence they would've got from having beaten the All Blacks at Twickenham in the warmup game will carry them through very nicely into the final tomorrow,’ says journalist and author, David O’Sullivan.

27 Oct 2023 9AM 5 min

Could SADC eggs be the answer to SA’s shortage?

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A round-up of news updates, including a look at plans by the SA Poultry Association to source eggs from SADC countries. A look at SA’s chances of winning the Rugby World Cup and how consumers can avoid overspending during big sporting events.

27 Oct 2023 6AM 33 min

[TOP STORY] Two-pot retirement system to boost retirement purse

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‘The new proposed effective date is March 25, and so from that date onwards, new contributions must be or at least a minimum of two-thirds of that amount must be kept invested up until the point of retirement,’ says Vickie Lange, head of best practice at Alexforbes.

26 Oct 2023 8AM 5 min

Creecy: SA’s climate resilience is top of mind for government

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A round-up of news updates, including a look at why the implementation of the two-pot retirement system will be delayed. Environmental minister on the significance of the passing of the Climate Change Bill and cancellation of government spending on Samas welcomed.

26 Oct 2023 6AM 31 min

Lack of Trade and Industry DG leading to dysfunction in department

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‘We're going to raise it with the president as well, because the president should also be worried that there's a department that is as critical as the DTIC that hasn't had a DG for more than two years,’ says Kganki Matabane, CEO of the Black Business Council.

25 Oct 2023 7AM 6 min

Gold One: 'Forcing negotiations with an employer is appalling'

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A round-up of news updates, including a look at the mine hostage situation at Gold One's mine in Springs. A look at the IEC’s election readiness and the Black Business Council talks the impact of the dtic being understaffed.

25 Oct 2023 6AM 33 min

[TOP STORY] How to identify fake food products

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‘What we have seen in the past is they've taken Robertsons Spices, their branding and boxing, and they've taken ordinary spices and then branded it as Robertsons Spices,’ says Penny Campbell, director for the Food Control Unit at the National Department of Health.

24 Oct 2023 8AM 4 min

Lily mine: ActionSA to pursue civil claim

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A round-up of news updates, including a look at the Department of Justice’s concerns over attacks on judges. A look at how consumers can spot fake food items and a new report on land use in South Africa.

24 Oct 2023 6AM 32 min

[TOP STORY] Call for unscrupulous spaza shops to be investigated

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‘We are calling for local government and also Home Affairs to go and raid these particular shops and raid also on their status of being here in South Africa and then close down these shops,’ says forensic and crime expert, Calvin Rafadi.

23 Oct 2023 9AM 6 min

World Cup fever: Euphoria good for country’s morale

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A round-up of news updates, including a look at why SA has a shortage of detectives. A look at what surveys tell us about the possible outcomes of the 2024 elections and what watching sport does to our psyche.

23 Oct 2023 6AM 31 min

[TOP STORY] Nehawu vigilantly ensuring Parliament fire report is not ‘buried’

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'We're watching it closely. Hence, we say we want it to be implemented with immediate effect, we want those people responsible to be charged and to be suspended. So there is no way they can hide it,’ says the union’s branch chairperson, Sthembiso Tembe.

20 Oct 2023 10AM 6 min

New Public Protector faces daunting task of rebuilding trust

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A round-up of news updates, including a look at why SA’s accountants are rated highly. Analysis of the voting process for the Public Protector announcement, which saw many parties stay away and calls for the Minister of Higher Education to step down over NSFAS saga.

20 Oct 2023 6AM 33 min

Calls for legal action against suspended NSFAS CEO

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A round-up of news updates, including a look at the findings from the investigation into the NSFAS CEO and possible conflicts of interest. As Amazon prepares to launch in SA, a look at whether Takealot should be worried and the latest on SA's food security situation.

19 Oct 2023 6AM 31 min

[TOP STORY] Home loan fraud on the rise, how to avoid it

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‘Cybercrime is definitely on the upsurge, and we are seeing a huge increase in home loan application fraud, which is like a 36% increase. It coincides with the 30% increase in digital banking fraud in the country,’ says Jackie Smith, head of Buyers Trust.

18 Oct 2023 8AM 2 min

Sarb review indicates imminent interest rate cut unlikely

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A round-up of news updates, including a look at the latest monetary policy review by the Sarb. Analysis of SA’s call with Hamas and how the State Information Technology Agency plans to mitigate the impact of the strike.

18 Oct 2023 6AM 31 min

[TOP STORY] PSA wage impasse could lead to national strike

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‘Currently Sita on the table has offered 5%. The PSA has lowered the demand from 12% right down to 7.5%. We've taken Sita’s position back to our members and unfortunately, they've rejected it totally,’ says Claude Naiker, spokesperson for the Public Servants Association.

17 Oct 2023 9AM 7 min

Ramaphosa's SA finance assurances 'too late'

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A round-up of news updates, including a look at the Public Servants Association strike at the State Information Technology Agency. Analysis of Ramaphosa’s closing address to the ANC NEC and a look at the working conditions of aid workers in Gaza.

17 Oct 2023 6AM 32 min