Moneyweb News

Your trusted source for business and investment insights.

[Moneyweb News @Moneyweb]

Sars has referred more than 100 cases linked to commissions of inquiry to the NPA this year, while planning new technology to track excise-taxed products and crack down on illicit trade costing billions in lost revenue.

#Moneyweb #MTBPS2026

https://t.co/aAr9xQZSxm

[Moneyweb News @Moneyweb]

The warning comes as South Africa continues to grapple with high unemployment and inequality, fuelling concerns that the pressure on households could eventually trigger widespread unrest (again).

#Moneyweb

https://t.co/dl5e0vQEgl

[Moneyweb News @Moneyweb]

One union asks, ‘How do you build a capable state when you chase away knowledgeable and experienced employees out of the public sector?’.

#Moneyweb

https://t.co/Et9Kp61LHU

[Moneyweb News @Moneyweb]

Hylton Kallner’s stretch-targets outcome was 108% in the 2026 financial year (Adrian Gore achieved 96.5%).

#Moneyweb #Banking

https://t.co/K3OtKQjAR4

[Moneyweb News @Moneyweb]

[SPONSORED] AI needs more than software to succeed. @ninetyone_sa explains why investment in power, transmission and data centres is critical to South Africa’s digital future.

https://t.co/dvAM15zusX

[Moneyweb News @Moneyweb]

[PODCAST] Could local bus manufacturing add billions to SA’s economy? Localisation Support Fund CEO Irshaad Kathrada joins @maggsonmedia on #MoneywebAtMidday to explore the potential to boost GDP and create jobs – and what it will take to turn opportunity into action.

#Moneyweb #Localisation

Listen in full: https://t.co/oxET8ARq0f

[Moneyweb News @Moneyweb]

IBM’s quarterly sales rose 5% to $17.1bn, beating estimates, but shares fell as investors weighed broader tech-sector risks. Weak consulting revenue has raised concerns that AI infrastructure spending is crowding out other IT budgets.

#Moneyweb #IBM

https://t.co/fhJV83KqPn

[Moneyweb News @Moneyweb]

Meta has disclosed $825bn in future spending commitments, including data centre leases and contracts for AI computing power and energy infrastructure. The commitments highlight the scale of investment underpinning its AI ambitions.

#Moneyweb #Meta

https://t.co/bqSj6D91RX

[Moneyweb News @Moneyweb]

[ADVISOR View] Anthropic is attracting huge valuations, putting pre-IPO exposure firmly on traders’ radar. But remember: trading a derivative isn’t the same as owning shares. Maboko Seabi of @brokstock explores the numbers, potential opportunities and key risks to consider.

#Moneyweb #Anthropic

https://t.co/V8gXMlKu4i

[Moneyweb News @Moneyweb]

Finance Minister Enoch Godongwana says South Africa’s Constitution and regulatory framework are holding back investment and growth, pointing to stalled oil and gas projects and weak mining exploration. He says regulatory reform is critical to unlocking growth.

#Moneyweb #EnochGodongwana

https://t.co/ghEZxsvpeN

[Moneyweb News @Moneyweb]

Barclays plans to cut 5 000 jobs by year-end in a technology-driven cost push, with AI playing a growing role. The cuts come as fixed-income trading revenue fell 19% and quarterly earnings missed key estimates.

#Moneyweb #JobCuts

https://t.co/i3YZ6YeX6U

[Moneyweb News @Moneyweb]

[ADVISOR VIEW] Your 40s can mean juggling school fees, bond repayments and ageing parents while trying to save for retirement. Sherry Tapfuma of @crueinvest explains how to balance competing priorities without losing sight of your long-term financial goals.

#Moneyweb #Retirement

https://t.co/IWSH2h5nC8

[Moneyweb News @Moneyweb]

South Africa wants to strengthen its position as a financial hub by allowing approved asset to manage qualifying offshore investments from within the country, without being subject to their own offshore limits.

#Moneyweb #AssetManagement

https://t.co/dtfcGhfbxP

[Moneyweb News @Moneyweb]

[PODCAST] Famous Brands’ revenue rose 2.3%, but earnings fell as consumers faced mounting cost pressures. CEO Darren Hele speaks to @SimonPB on #MoneywebNOW about demand, margins and competing for convenience-driven spending.

#Moneyweb #Podcast

Listen to the full episode here:
https://t.co/hvgA0ijjG6

[Moneyweb News @Moneyweb]

Clicks has crossed R50bn in annual turnover, but real comparable-store sales growth was just 0.3% as cash-strapped consumers remain cautious. The retailer is leaning on promotions, ClubCard rewards and store expansion to sustain growth.

#Moneyweb #Clicks

https://t.co/yXfAnTkb7T

[Moneyweb News @Moneyweb]

Northam Platinum faces a binding shareholder vote on executive pay after years of investor dissent. CEO Paul Dunne received R80.5m, while US investors and proxy advisers question whether remuneration is aligned with performance.

#Moneyweb #Northam

https://t.co/ytv9oyKhLj

[Moneyweb News @Moneyweb]

Afrimat reported its worst half-year trading conditions since listing in 2006, with headline earnings swinging to a loss and no interim dividend declared. Weak iron ore and cement performance weighed heavily on results.

#Moneyweb #Afrimat

https://t.co/qrW5iIUEGg

[Moneyweb News @Moneyweb]

[WATCH] Afrimat faces its toughest trading conditions since listing in 2006, with surging diesel and shipping costs adding pressure. CEO Andries van Heerden speaks to @bronwynnielsen on #TheExecutiveExchange about navigating the challenges.

#Moneyweb #Podcast

Watch the full episode here:
https://t.co/ygT4tVWKLy

[Moneyweb News @Moneyweb]

[LISTEN] Sars expects an extra R34bn in corporate tax, driven largely by mining, while financial services also boost collections. @Ryk_van_Niekerk speaks to Commissioner Johnstone Makhubu on #RSGGeldsake.

#Moneyweb #Radio

Listen to the full interview here:
https://t.co/cs7lqvQQG6

[Moneyweb News @Moneyweb]

[OPINION] South Africa’s fiscal ship has started to turn, but sustaining the recovery will require faster economic growth. @Ryk_van_Niekerk examines how a fiscal anchor could curb debt and lower borrowing costs ahead of R1.5trn in bond maturities.

#Moneyweb #MTBPS2026

https://t.co/Gzn13jj1i2