Massive job cuts at M&G: Is closure imminent?

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A new report shows that 80% of multinational corporations struggle to recruit workers with critical skills in South Africa. It seems the property industry is bucking the low GDP numbers trend. And the Health Funders Association takes legal action against the NHI Act.

6 Jun 2025 6AM English South Africa Business News · Politics

[TOP STORY] Dion George’s resignation exposes growing fault lines inside the DA

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‘South Africa has the very large 30% duties… the benefit under Agoa is rather modest, it averages out at around 3.5%. Even if we got Agoa, that would take us down to 26.5%,’ says Donald MacKay, XA Global Trade Advisors.

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[TOP STORY] How the Competition Commission is keeping school uniform prices in check

‘Given the number of outreaches and initiatives that we have done with the schools… unfortunately the Commission now is at a point where we are going to prosecute schools and suppliers who do not comply with the guidelines as well as the Competition Act,’ says Mpho Moate, analyst at the…

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Massive job cuts at M&G: Is closure imminent?

Other recent episodes

[TOP STORY] Dion George’s resignation exposes growing fault lines inside the DA

Who is to blame for the BATSA closure?

[TOP STORY] Why Agoa’s renewal won’t move the needle for SA trade

Limpopo floods force road closures and Kruger shutdown

[TOP STORY] How the Competition Commission is keeping school uniform prices in check

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