Moneyweb@Midday

Good intent, bad outcome? Labour costs quietly squeezing hiring

Latest employment figures underscore South Africa’s youth jobs challenge. Hidden cost of investing comes into focus. And weather disasters leave a billion-rand trail.

13 May 6AM 34 min

[TOP STORY] Private sector warns SA’s foot-and-mouth plan risks collapse

‘Unless we can flood areas with vaccine, vaccinate every single animal, the virus will continue to spread, and we will never get on top of it,’ says Andrew Morphew, spokesperson for FMD Response SA.

12 May 8AM 6 min

Health data breaches loom as employers ignore new Popia rules

Ramaphosa stands firm post Phala Phala ruling. Is government’s FMD plan facing collapse? And how birds are telling us nature’s early warning system is failing.

12 May 5AM 36 min

[TOP STORY] SA’s medical school bottleneck pushes students overseas

‘Medicine is different. If you get enough points, you won't necessarily get in. They can only take the top 5% or 6%,’ says Brad Latilla-Campbell, country manager at Crimson Education.

11 May 9AM 7 min

Phala Phala: A legal win or a blow to accountability?

Progress on fixing SA’s power and rail, but it’s not enough yet. A 5% acceptance rate forces SA’s top medical students overseas. Flexible work gains traction again amid cost pressures.

11 May 6AM 34 min

[TOP STORY] Court ruling opens door for previously rejected RAF claims

‘It gives claimants a new chance now until 30 September of this year to resubmit claims which were previously unlawfully rejected,’ says Kirstie Haslam, partner at DSC Attorneys.

8 May 8AM 6 min

Unpredictable skies threaten SA’s agricultural outlook

Hormuz disruption fast-tracks the age of real-time trade data. Economic freedom at risk as SA’s factories fall silent. Thousands of RAF claims could restart after landmark ruling.

8 May 6AM 33 min

[TOP STORY] Xenophobic rhetoric risks escalating into organised violence

‘It’s having implications for business. I think that business certainly needs to make its voice heard more loudly,’ says Ferial Haffajee, associate editor at the Daily Maverick.

7 May 8AM 7 min

Cape Town tests car-lite future with Bree street experiment

Xenophobic marches surge as UN sounds alarm. From Everest to SA: Are our warning systems working? And why the NHI cannot work while staffing and system gaps remain unresolved.

7 May 6AM 32 min

[TOP STORY] GEPF eyes infrastructure to boost returns in uncertain climate

‘With the war in Iran, in the first week it wiped out R200 billion from our investment. So clearly it means that we have to adapt, given the developments,’ says Frans Baleni, chair of the Government Employees Pension Fund.

6 May 9AM 7 min

Fuel pain deepens: Relief falls short as prices surge

Taxman reset: Can the new Sars boss close the compliance gap? GEPF weighs in on 30 years of change. And why SA entrepreneurs run the risk of being left behind as AI threatens jobs.

6 May 6AM 33 min

[TOP STORY] Hantavirus: Calm urged as SA health teams race to trace contacts

‘We are busy doing contact tracing. Before we can tell anybody the extent of whether they must worry or not, we need to get all those facts,’ says Minister of Health, Dr Aaron Motsoaledi.

5 May 9AM 9 min

Third time’s a crisis: NSFAS collapse forces intervention

Health minister speaks on cruise ship virus threat. NSFAS breakdown puts access to higher education at risk. And Club Med one step from launch after key approval.

5 May 6AM 35 min

[TOP STORY] Cape Town’s Airbnb rethink raises concern over property and tourism

‘These homeowners rely on the income from these properties…if they end up being penalised for that, it may well affect them quite seriously,’ says Craig Mott, national sales manager at Rawson Property Group.

4 May 8AM 7 min

4 November set: IEC prepares for crucial local vote

4 November set: IEC prepares for crucial local vote. SA hits imported washing machines with steep duties. And our infrastructure crisis is not due to a funding problem; it’s a systems failure.

4 May 6AM 32 min

[TOP STORY] Joburg revival talk grows but property data contradicts it

‘Within Johannesburg and in Pretoria, there are pockets where there is great activity and places to invest, but overall there's still a bit of a negative flavour,’ says Hayley Ivins-Downes of Lightstone Property.

30 Apr 8AM 6 min

Half of university first-years won’t make it

Crypto sector reacts as SA moves to regulate crypto under the exchange control system. Can Africa avoid the superpower trap? And Jozi’s comeback? Signs of life amid lingering decay.

30 Apr 6AM 32 min

[TOP STORY] Lottery scandal now engulfs SA media credibility

‘When there are concerns that money is affecting the way a news publication is reporting on a corrupt institution, that becomes an issue of immense public importance,’ says Nathan Geffen, editor of GroundUp.

29 Apr 8AM 6 min

R285m textbook deal sparks urgent probe calls

Sunday Times editor drawn into lottery funds scandal. Sars overhaul puts diesel claims under digital microscope. And fragile consumers globally turn to ‘comfort spending’ amid uncertainty.

29 Apr 6AM 30 min

[TOP STORY] AI policy blunder highlights risks in SA’s tech strategy

‘The big tech businesses that we’re doing business with such as Microsoft, Huawei, Google, AWS, we’re accepting contracts on their terms, and we need a policy to cover that,’ says Nathan Ross-Adams, AI law researcher and founder of ITLawCo.

28 Apr 9AM 9 min