Money Web – South Africa Business News

MoneyWeb South Africa Business News – Business, Financial and Investment news and tools

Money web Holdings is an independent financial media group listed on the JSE. The company’s flagship internet brand is Moneyweb.co.za, South Africa’s premier online source of investment information.

Moneyweb.co.za is one of the top three financial publications in South Africa.

Moneyweb also publishes the only digital daily newspaper in South Africa: Moneyweb Today. The newspaper was launched in April 2014 and is growing quickly.

• Despite jobs growth, employment still 5% below pre-pandemic levels – PwC
  It’s a bleak outlook as we head into 2023.
• SA private sector credit up 7.86% y/y in August
  After rising by a revised 7.06% in July.
• 1nvest to offer its full ETF line-up on A2X
  Hopes the exchange’s lower trading costs and increased liquidity will increase traction for the funds.
• Calls for government to finalise SA’s new energy vehicle policy Asap
  Auto industry also wants import duty price parity between new energy and internal combustion engine vehicles.
• SIU investigating dodgy Lottery grants worth over R1.4bn
  'Courageous individuals, ranging from whistle-blowers to journalists and investigators, were essential to uncovering wrong-doing,' says Minister Ebrahim Patel.
• Karpowership aims for environmental ruling in SA by April
  Karpowership in March last year won more than 60% of an emergency power tender seeking to secure 2 000 megawatts of electricity to ease shortages that have plagued South Africa since 2008.
• SAPS arrest ex-mines minister over dairy scandal
  Zwane appeared in the magistrate’s court in Bloemfontein, granted bail of R10 000 and is scheduled to appear in court again on November 2.
• Prasa’s deadline looms for fixing Pretoria’s ruined train stations
  Stations on the Pienaarspoort to Pretoria line are supposed to be fixed by December. Some progress has been made.
• Free State backpedals on dam collapse statement
  After heavy rains, water flowed out of a separate freshwater dam on the site, creating the impression of a second collapse, the official said, when in fact it was seepage.
• Banks face avalanche of demand from customers trying to ditch Eskom
  Faced with unprecedented demand for solar systems, banks are partnering with professional firms and offering a variety of financing solutions.