October 02
South Africa: National Lotteries Commission to Use Funds From Seized Assets to Atone for Whistle-Blower Dismissals and Distress
The National Lotteries Commission has begun a reparation process that will lead to apologies to former staff members who were dismissed for being whistle-blowers of corruption at… Read more »
October 03
South Africa: Dead in Their Tracks - - Three of Four Shosholoza Meyl Train Routes Halted Indefinitely
Prasa says there just aren't enough locomotives, while rail activist group #UniteBehind believes problems with long-distance locomotives is due to corruption at the rail agency… Read more »
South Africa: Food Basket Rises By R24 While Grants Increase By R10
Our food basket of 14 items increased by R24, sitting at over R400, which makes it unaffordable for a recipient of the Social Relief of Distress Grant. Meanwhile, millions more… Read more »
September 30
South Africa: Higher Temperatures Pose a Raft of Challenges for Vineyards - and Wine Industry Jobs
South Africa's wine industry faces multifaceted threat from the climate crisis. Read more »
October 03
South Africa: Young People Have Been Seriously Let Down - - Nobody Chooses a Life Where You Have to Ask for a Handout, Says Minister Gwarube
A Daily Maverick webinar explored the critical need for youth empowerment in South Africa -- Basic Education Minister Siviwe Gwarube and Nape Senong shared insights on breaking… Read more »
September 29
South Africa: Top Score Instant Porridge Recalled in South Africa, Namibia After Children Die
Two one-year-olds and a four-year-old died after eating Top Score Instant Maize Porridge on Friday. While investigations are ongoing, porridge producer Namib Mills recalled the… Read more »
September 18
South Africa: Wi-Fi Initiative Transforms Learning in Alexandra
At the launch of a new WiFi project in Alexandra, students like Othabetswe Ranwashe shared how internet access has boosted their learning and skills. Spearheaded by Project Isizwe… Read more »
September 19
South Africa: Interest Rate Cut to Bring Welcome Relief to Indebted Consumers
Consumers with debt are likely breathing a collective sigh of relief at the news that the interest rate is finally going down by 25 basis points. Read more »
September 18
South Africa: Business and Government Set for More Talks in Bid to Resolve SA's NHI Impasse
After a meeting with President Cyril Ramaphosa on Tuesday, business leaders said the government had committed to more engagements to hear their alternative National Health… Read more »
September 19
South Africa: Announcement On Daily Maverick's Cost Reduction and Reorganisation
As part of ongoing efforts to ensure Daily Maverick's long-term stability and success, the company is initiating a reduction of about 15% of operating costs. Read more »
September 15
South Africa: City of Collusion - - the Gang Suspects and Ex-Officials Accused of Crafting Cape Town's Real 'Construction Mafia'
The police's 'tender collusion' investigation in the city unearths gang suspicions, intimidation, influence, a web of networks, a takeover attempt and multimillion-rand contracts -… Read more »
September 17
South Africa: SA Consumer Confidence Rises to 5-Year High Fuelled By Two-Pot Shot, Rate Cut Hopes
Mounting hopes for a domestic interest rate cut and the household liquidity boost from the two-pot pension fund reforms lifted South African consumer confidence in the third… Read more »
September 12
South Africa: Is Sustainability the Shot in the Arm African Equity Markets Need to Launch the Continent Towards a Prosperous Future?
African exchanges have experienced muted activity when it comes to listings and capital raisings in the past decade. Will sustainability-themed market activity be the shot in the… Read more »
September 11
South Africa: Breaking the Trade Chains That Perpetuate Food for the Few and Hunger for the Many (Part Three)
It is the determination of the government's political will, not its failure, that forces people to choose between buying food or electricity. That choice is forced on them by a… Read more »
September 09
South Africa: Openai, Thrive Capital Back Six-Month-Old Ai Drug Discovery Startup
Chai Discovery, an artificial intelligence biology startup founded six months ago, has raised nearly $30 million from heavyweights Thrive Capital and OpenAI to bring AI to drug… Read more »
South Africa: Balancing the Promise and Perils of Ai
Capturing structural growth potential is not easy, but in uncertain markets, it's essential. Today, investors are eager to understand more about the potential opportunities in… Read more »
September 11
South Africa: Socio-Economic Rights Institute Disheartened By Acquittal of Six Police Officers Linked to Marikana Deaths
Six men who were police officers at the time have been acquitted for their roles in the events on 13 August 2012 at Marikana that led to the deaths of five people. The families of… Read more »
September 10
South Africa: Byd Lifts Annual Sales Target to 4 Million Evs, Plug-in Hybrids
Chinese electric-vehicle maker BYD Co. has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles. Read more »
South Africa: Surviving Volatile Market Conditions - A Prescient Perspective
Buckle up, because the market roller coaster just hit turbo mode. Read more »
September 09
South Africa: After the Bell - Will the JSE's Decision to Split the Exchange Work?
The Financial Sector Conduct Authority (FSCA) last week approved amendments to the JSE's listing requirements that will allow the bourse to split its main board into two distinct… Read more »
September 10
South Africa: Ex-Cape Town Mayco Member Malusi Booi Arrested in 'Major Probe Linked to 28s Gang, Construction Tenders'
Malusi Booi, the Cape Town mayoral committee member fired in 2023, has been arrested in what appears to be a major construction tender investigation linked to 28s gang suspicions.… Read more »
September 08
South Africa: Acknowledging Harms of the Past Will Help Build a Better Mining Industry in South Africa
The fact is that South Africa would not be what it is today without the mining industry. But the cost on the lives of black South Africans and migrant workers from neighbouring… Read more »
September 04
South Africa: Ukrainians Outraged By SA Hosting Russian Navy Ship in Cape Town Harbour
While the Smolny was in the Cape Town harbour, Russia killed scores of Ukrainians in missile attacks. Later this month, South Africa is expected to welcome a long-range Russian… Read more »
August 29
South Africa: South African Companies Can Create Shared Value Through Employee Ownership
Employee share ownership plans have been underused as a strategy to galvanise economic growth in South Africa. They can be a mechanism to drive inclusive economic growth while… Read more »
South Africa: Kumba to Invest Additional R7.6bn in Technology to Triple Output of High-Quality Iron Ore
Anglo American unit Kumba Iron Ore said on Thursday that it planned to invest an additional R7.6-billion in a processing technology that it says will treble the proportion of… Read more »