Yeshiel Panchia

Johannesburg

Freelance Journalist at Freelance

Hack at Daily Maverick. Business, investigations, OSINT, (silent) cartography. My tweets are not the opinions of my employer. Email me at [email protected]

Articles

Third time lucky?

2 weeks ago | dailymaverick.co.za | Yeshiel Panchia

At a hastily convened media briefing, Godongwana confirmed that the National Budget would now be tabled for a third time on 21 May 2025. The announcement follows two failed tablings: one blocked by legal action, the other torpedoed by coalition deadlock over the now withdrawn VAT increase.
VAT debacle sparks a R75bn question and shines a light on a fragile coalition

3 weeks ago | dailymaverick.co.za | Yeshiel Panchia

For now, the GNU is intact, but barely. The Treasury’s credibility has taken a hit. The DA scored a short-term win. And voters are trapped between power plays, procedural bungling and an economic outlook dimmed by indecision. At 15 minutes past midnight on Thursday, April 24, Finance Minister Enoch Godongwana announced that the controversial VAT hike had been scrapped.
African Bank fined R700,000 over misleading loan advert

3 weeks ago | dailymaverick.co.za | Yeshiel Panchia

REGULATOR STEPS IN According to the Financial Sector Conduct Authority, the advertisement misrepresented the nature of the loan product by implying it was an investment rather than a credit facility.
From tariffs to TikTok: the emerging narrative of Chinese artisans in luxury fashion

4 weeks ago | dailymaverick.co.za | Yeshiel Panchia |Lisakanya Venna

MADE IN CHINA Workers at the Nien Hsing International Garment's Factory produce Levi jeans for the US market in Maseru, Lesotho, 10 April 2025.
Reserve Bank’s tightrope act amid tariff uncertainty

1 month ago | dailymaverick.co.za | Yeshiel Panchia

The report reflects a Reserve Bank that is analytically sharp, globally attuned and deeply risk-averse. But caution may need to give way to bolder action. The South African Reserve Bank (SARB) has trimmed interest rates by 75 basis points since late 2024, positioning its policy stance as “near-neutral” in the April 2025 Monetary Policy Review (MPR) presented late on Tuesday.
The VAT hike and the teetering GNU - a lose-lose situation for South Africans

1 month ago | dailymaverick.co.za | Yeshiel Panchia

When compromise yields only political stalemate and fiscal pain, the difference between unity and collapse becomes purely semantic. The Government of National Unity (GNU) is in very shaky territory that could go one of three ways, with a proposed VAT hike emerging as a central fault line — one that could fracture South Africa’s fragile coalition government or cement a regressive tax that will deepen hardship for the country’s most vulnerable.
How investors were fleeced and left high and dry

1 month ago | dailymaverick.co.za | Yeshiel Panchia

Four years after their crypto scam collapsed, the brothers who started it remain at large. They disappeared with billions, left regulators flat-footed and triggered one of the biggest financial implosions in South African history. But the Cajee brothers never really vanished and the full truth about Africrypt, one of the largest cryptocurrency scams ever perpetrated in South Africa, has never really come to light.
US tariff uncertainty casts shadow over South Africa’s citrus lifeline

1 month ago | dailymaverick.co.za | Yeshiel Panchia

Across the country’s three citrus strongholds — Limpopo (40% of production), Eastern Cape (25%), and the Western Cape (15%) — the impact of the tariff is already being felt. Fertiliser purchases are being delayed, pruning schedules deferred, and replanting plans shelved. Seasonal workers, particularly those involved in harvesting and packing, face an uncertain future. Don't want to see this?
Play, pause and punishment — Trump’s tariff doctrine and SA’s hedged bets

1 month ago | dailymaverick.co.za | Yeshiel Panchia

Donald Trump’s 90-day pause on sweeping new tariffs may have calmed markets momentarily — but for South Africa, it’s a fleeting reprieve in a new era of global economic coercion. At stake: Agoa access, domestic price stability, and the fundamental assumption that open markets remain open. On Wednesday, 9 April 2025, US President Donald Trump announced the temporary suspension of new tariffs, including the threatened 30% duty on South African exports.
Aviation safety crisis causes chaos at SA regional airports

1 month ago | dailymaverick.co.za | Yeshiel Panchia

Transport Minister Barbara Creecy has publicly acknowledged the depth of the crisis, referencing a damning internal audit and admitting that many high-risk findings were not resolved timeously. Instrument flight procedures (IFPs) at multiple South African airports have been abruptly suspended due to overdue maintenance, forcing morning cancellations, flight delays and limited operational windows in low-visibility conditions.

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Yeshiel @ypanchia

6 May 25

RT @SibaMadikizela: So I just decided to just read her Wikipedia page. Her teacher was W.E.B Du Bois omg 😭😭😭😭 yho 😳

Yeshiel @ypanchia

23 Apr 25

RT @PLMyburgh: If you’re wondering what those fake whatsapp messages were all about… Here’s the story that triggered it all. #IDT #TebogoMa…

Yeshiel @ypanchia

15 Apr 25

Small but feasible sample. No indication of control or weighting according to the metrics such as race, gender and age, response bias, methodology... 160 mil registered voters and double that number of citizens in US. Not really sure this is representative.