Aarti Bhana

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Articles

SA’s World Economic Forum team optimistic about economic growth

Jan 16, 2025 | mg.co.za | Aarti Bhana

The South African delegation heading to the World Economic Forum (WEF) meeting says the country has a positive economic growth message to share, albeit with some caution over “structural issues” that need to be overcome. Trade, industry and competition minister Parks Tau said on Thursday that the mood prior to the annual meeting is “fundamentally different” this year and not only is there optimism within South Africa, the country’s global counterparts are also optimistic about its future.
Survey finds that wealthy influence, racial inequality and education drive economic divide

Jan 10, 2025 | mg.co.za | Des Erasmus |Aarti Bhana

Wealthy individuals wielding excessive political power, racial and ethnic discrimination, and flawed education systems are key contributors to economic inequality, according to a Pew Research Centre report that was released this week. The survey, which spanned 36 countries across various regions, found that a median of 60% believe the political influence of the rich significantly drives inequality in their nations.
Lawyers say ‘trapped’ illegal miners in Stilfontein can’t surface without help

Jan 10, 2025 | mg.co.za | Des Erasmus |Aarti Bhana

A total of 1 564 illegal miners have resurfaced at an abandoned mine in Stilfontein in the North West and eight bodies have been retrieved, but authorities cannot confirm how many more miners remain underground. Police spokesperson Brigadier Sabata Mokgwabone told the Mail & Guardian that the miners have been resurfacing voluntarily from the Margaret Shaft, which is operational. “There is a cage there, so once the security spots them underground, they go down and bring them up,” he said.
Johannesburg braces for more water woes as usage still too high

Jan 9, 2025 | mg.co.za | Des Erasmus |Aarti Bhana

Johannesburg Water’s intake from Rand Water will be further reduced from next month as the latter’s licence to increase extraction from the Vaal River was not approved. The municipal entity has to reduce the annual average daily demand from 1 801 megalitres a day to 1 356 by 1 September, communications officer Nolwazi Dhlamini says. Annual average daily demand is the total volume of water delivered to the system over a year, divided by 365 days.
Spaza shop owners scramble to meet re-registration deadline

Dec 17, 2024 | mg.co.za | Aarti Bhana

The owners of spaza shops and other food handling facilities have said the lack of information around the registration of their businesses has led to delays, as they rushed to meet Tuesday’s deadline set by President Cyril Ramaphosa after the deaths of several children who ate contaminated items.
Nelson Mandela Foundation takes state to court over equitable land access

Dec 6, 2024 | mg.co.za | Aarti Bhana

The Nelson Mandela Foundation has filed a legal challenge against the government over what it calls its failure to legally enable citizens equitable access to land.
Coffee prices will probably stay high due to the drought in Brazil

Dec 4, 2024 | mg.co.za | Aarti Bhana

Coffee prices are likely to remain elevated in the coming year as dry weather conditions persist in Brazil, the world’s largest producer of the commodity. Coffee prices in South Africa have increased by over 20% on an annual basis since the beginning of the year, FNB agricultural economist Paul Makube told the Mail & Guardian. “That’s a massive increase.
Over 75 000 faulty Yaz Plus packs distributed in southern Africa

Nov 29, 2024 | mg.co.za | Des Erasmus |Aarti Bhana

More than 75 000 packets of the birth control pill Yaz Plus were affected by a packaging error that resulted in them containing only four hormone tablets instead of the required 24, compromising the product’s contraceptive efficacy. The 75 294 packs from batch WEW96J, which have been recalled, were distributed in South Africa, Botswana, Namibia, Lesotho, Zimbabwe and Mauritius, the South African Health Products Regulatory Authority (Sahpra) told the Mail & Guardian.
SAA to R32.6bn to the economy by 2029-30, study says

Nov 28, 2024 | mg.co.za | Aarti Bhana

SAA, which emerged from business rescue in 2021, is projected to contribute R9.1 billion to the local economy in the 2023-24 financial year, and this will rise to R32.6 billion by 2029-30, according to a study published by economic advisory firm Oxford Economics Africa. This is based on the airline’s most recent financial statements as well as its revenue forecasts and flight and passenger projections, Marietha Jacobs, a senior econometrician at the firm, said on Wednesday.
Operation Dudula to sue government over food contamination cases

Nov 27, 2024 | mg.co.za | Des Erasmus |Aarti Bhana

Operation Dudula plans to take legal action against the government, accusing it of failing to adequately address food contamination cases allegedly linked to foreign-owned spaza shops. The group said it intends to file a case in the high court before December. Operation Dudula’s national organiser, Davis Magolego said the organisation was “unhappy” with the government’s approach to dealing with the food contamination cases, he said, particularly with shops owned by foreign nationals.