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Stella Mapenzauswa

Services have broken down in municipalities such as Johannesburg due to mismanagement and corruption, which has resulted in fruitless, wasteful and unauthorised expenditure amounting to billions. Picture:
Premium

BCM in line for share of R5.6bn loan to fix metros

Performance-based incentives and reforms target mismanagement and poor service delivery

  • Stella Mapenzauswa
Young people face the brunt of unemployment. Picture:

ECONOMIC WEEK AHEAD | Unemployment rate expected to rise again as jobs crisis deepens

Geopolitical tensions and oil shocks deepen strain on key industries

  • Stella Mapenzauswa
Citrus growers have cut their export forecast as weather damage and shipping disruptions squeeze the season's prospects. SA is the world’s second-largest exporter of citrus after Spain. Picture:

Citrus growers count cost of war and floods

Citrus export forecast cut after floods and Middle East conflict disrupt season

  • Stella Mapenzauswa
The Financial Sector Conduct Authority probe into the Public Investment Corporation comes a day after the suspension of CEO Patrick Dlamini. Picture:
Premium

Finance authority to probe PIC conduct

FSCA cites concerns around governance, leadership stability and transparency at the PIC

  • Stella Mapenzauswa
The FSCA probe into the Public Investment Corporation comes a day after the suspension of CEO Patrick Dlamini. File picture:

Finance Sector Conduct Authority to investigate PIC

Cites governance and transparency issues at country’s largest asset manager

  • Stella Mapenzauswa
The National Treasury says it wants to inculcate a culture of compliance with the Municipal Finance Management Act. Picture: File Photo

Treasury defends withholding R13.5bn from municipalities as it pushes for compliance

Officials insist service delivery will not suffer as municipalities tap other revenue sources

  • Stella Mapenzauswa
The government is expected to announce a reduction in fuel prices this week. Picture:
PETROL PRICE

Inflation data a guide on next rate call

Oil price swings and global tensions cloud South Africa's inflation forecasts

  • Stella Mapenzauswa
When consumer confidence is low, households tend to limit spending to basic necessities such as food to free up the income for debt repayment. Picture:
ECONOMY

Consumer confidence plunges to worst level since VAT crisis, and fuel is to blame

Fuel price surge and Iran war fallout squeeze household budgets

  • Stella Mapenzauswa
A new Debt Rescue survey found that 66.9% of respondents could fall behind on debt repayments, with 38% saying this was very likely, if borrowing costs continued to rise. File picture.

Nearly half of SA households can’t afford another interest rate hike

Survey finds 48.5% of South Africans unsure how they would cope with more rate hikes

  • Stella Mapenzauswa
The latest agribusiness confidence index shows that the sector is worried about the effect of the Middle East war on energy and fertiliser prices. Picture:
AGRICULTURE

What spooked SA’s farmers?

Middle East conflict drives up energy and fertiliser prices for farmers

  • Stella Mapenzauswa
Transport inflation jumped to 9.4% year on year in May, reflecting the effect of steep fuel price increases since early April as the Middle East conflict has driven global oil prices higher. File picture

May inflation accelerates to 4.5%, keeping door open for another interest rate hike

Consumer prices rise 0.7% in May as housing and transport costs surge

  • Stella Mapenzauswa
One third of South African consumers who lost money from digital fraud in the past year said the losses stemmed from third-party seller scams on legitimate e-commerce platforms.

1 in 3 South Africans lost money through digital fraud, report says

One in three fraud victims targeted through third-party seller scams on legitimate sites

  • Stella Mapenzauswa
South African Reserve Bank governor Lesetja Kganyago on Thursday announced a ........ in the key policy rate. File photo/Freddy Mavunda

Reserve Bank hikes key interest rate to 7% as inflation risks intensify

MPC divided as rising oil and food costs threaten inflation targets

  • Stella Mapenzauswa
Tongaat Hulett supports between 35,000 and 40,000 direct jobs at farm level and at its mills and refinery, making it an economic anchor for entire rural communities in the province. File picture: NCE MKHIZE
TONGAAT HULETT

Growers hatch plan to save Tongaat Hulett

GrowerCo plan seeks to preserve mills, protect 40,000 jobs and avert liquidation.

  • Stella Mapenzauswa
The National Consumer Commission has referred FlySafair to the National Consumer Tribunal over allegations of overbooking and overselling flight tickets. Picture:

FlySafair in hot water amid overbooking claims

Regulator seeks 10% turnover penalty after probe into overbooked flights

  • Stella Mapenzauswa