Moneyweb@Midday

Iran-Israel conflict: Trumps’s ominous message to Tehran

The health products regulator raises red flags about unlicensed cannabis operators in shopping malls. The link between financial depression and absent dads in SA. How critical minerals can help anchor the Just Energy Transition. And an update on the escalating conflict in the Middle East.

17 Jun 6AM 31 min

What will it take to fix Johannesburg?

The United Nations’s International Day of Family Remittances, celebrated on 16 June, showcases how international remittances – money sent from one country to another, often by a foreign worker to family or friends in their home country – contribute both to national economies and the resilience of households and communities…

13 Jun 5AM 30 min

[TOP STORY] Illicit tobacco trade costs SA R20bn annually

‘From a tobacco point of view, South Africa is the only country in the world where illicitly traded cigarettes are cigarettes that are traded over the counter,’ says economist, Sifiso Skenjana.

12 Jun 9AM 8 min

Climate change could slash SA food production by 50%

As SA gears up to host the G20, the first-ever Urban20 Sherpa meeting to be held on the African continent is set to devise a shared vision for urban progress. A look at essential steps needed to stop illicit tobacco trade.

12 Jun 6AM 34 min

[TOP STORY] Betting on desperation: How the poor are fueling SA’s gambling boom

‘What we saw in 2024 was that 36% of the respondents who gamble actually said they gamble to pay off their debts and to cover their expenses,’ says John Manyike, head of financial education at Old Mutual.

11 Jun 8AM 36 min

Trump vs Musk: The economy of egonomics

A look at the hidden costs of SA’s gambling problem. How the local retail economy is finding growth in the wellness sector. And new data shows that young people are leading the adoption of earned wage access technology.

11 Jun 5AM 36 min

[TOP STORY] Sars’s R4bn strategy: Implications for taxpayers and small businesses

‘I think the bulk of the revenues lies with the SMEs and the professionals, because there's a bigger volume there. So these are things that Sars is most likely going to focus on, not just on the big corporates,’ says Lee Dlamini, founder and director of Leverage.

10 Jun 9AM 6 min

R2m for a six-night stay in London: Can government justify it?

Sars’s R4bn war chest: What every taxpayer should know about the incoming debt collection drive. Intimidation, threats, and stigma: The harsh reality for public sector accountants. And UNDP incubation programme aims to unlock Africa’s innovation potential through youth-led startups.

10 Jun 6AM 30 min

[TOP STORY] Gauteng government vows crackdown on Golden Highway construction mafias

‘We condemn the actions of those who came on site, intimidated, caused violence and shot at people. We will not accept that,’ says Gauteng provincial government spokesperson, Lesiba Mpya.

9 Jun 10AM 6 min

'The Reserve Bank can’t ignore climate impact on the economy’: Deputy Governor

Hey big spender! Mashatile’s lavish overseas trips spark outrage. As the Gautrain celebrates it’s 15th year, we’ll look at what the future holds for the struggling passenger commuter service. And what is the role of the central bank in ensuring stability amidst climate change shocks?

9 Jun 6AM 32 min

[TOP STORY] Legal challenge launched against SA’s R941bn NHI Act

‘What the impact would be is, for us to afford that, the average current tax rate would have to increase by almost 22.2 times what it is,’ says Thoneshan Naidoo, CEO of the Health Funders Association.

6 Jun 8AM 7 min

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

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 6AM 31 min

[TOP STORY] Comrades Marathon to inject R865m into Durban economy

‘As people come here for those three, four or five days during Comrades, the whole world looks at Durban as a possible tourist destination because of mega-events like the Comrades Marathon,’ says Prasheen Maharaj, president of the Durban Chamber of Commerce and Industry.

5 Jun 8AM 8 min

Business confidence index: Warning lights flickering

It’s all hands on deck ahead of the 98th Comrades marathon set to take place in KZN – we’ll look at the economic impact, and what it takes to ensure all runners are safe. And airlines set to stay in the green in 2025, despite some turbulence.

5 Jun 5AM 34 min

[TOP STORY] Affluent and overdue: SA’s credit crisis creeps up the income ladder

‘It's been something that is a South African way of life, you generally can't make ends meet with your salary, so you augment with credit, particularly credit cards and unsecured loans,’ says Andrew Fulton, director at Eighty20.

4 Jun 9AM 6 min

New Covid strain fuelling hospitalisations in China: Are we at risk?

A new survey shows that South Africans earning more than R30k per month, hold 75% of overdue debt. ActionSA says that constitutional changes are needed to curb the country’s illegal immigrant problem. And global lessons to help African tech startups grow.

4 Jun 5AM 33 min

[TOP STORY] What’s next for the National Lottery? Chair says reform is underway

‘The board that we have are people of the highest integrity, the best minds in South Africa we could think of, professional people,’ says Dr Barney Pityana, chair of the National Lotteries Commission.

3 Jun 9AM 9 min

Unexpected growth: SA’s agri exports to US climb 14% in Q1

The National Lotteries Commission’s chair, Prof Barney Pityana on challenges faced in bringing about transformation within the organisation. Lobby groups say the draft petroleum regulations threaten eco-justice and climate accountability. And the importance of junior miners in the supply of critical minerals and metals.

3 Jun 9AM 33 min

[TOP STORY] 24 cases linked to mall ‘dating scam’ syndicate

‘We can call it a romance scam. They were busy pretending to love and like these women, whereas they knew they would just kidnap and rob them,’ says SAPS spokesperson, Brigadier Athlenda Mathe.

2 Jun 9AM 7 min

Remote work posing huge cybersecurity risks

SAPS warns about a new syndicate targeting women in shopping malls. Why government needs to intervene urgently to stop millions going hungry. And pothole patrol makes a dent.

2 Jun 6AM 31 min