How extreme weather is undermining South Africa’s economy

‘If we just take a look at the Durban floods that happened in April 2022, our GDP contracted by 0.7%,’ says Dr Nomhle Ngwenya, board member of the National Advisory Council on Innovation. Moneyweb

Today, what is the economic impact of extreme weather in SA? A new book by a leading academic takes a look at the faces and phases of resilience. And what brands need to do to succeed in 2025. Moneyweb

‘It's extremely dangerous. I think that there are tangible effects that we can attribute to the spread of such misinformation,’ says Kyle Cowan, investigative journalist at Media24. Moneyweb

Media24 is being accused of ‘doxxing’ after an investigative journalist exposed the person behind a right-wing, fake news peddling social media account. We’ll ask if the public has the right to know. How smarter research is helping companies create products you actually want. The Nelson Mandela Foundation refutes false investment claims around Madiba-inspired keepsakes. And as the Cape Town fires rage on, emergency services praise volunteers and communities for standing together. Moneyweb

‘We do sympathise with those larger businesses that have had to incur further expense, and highly urgently, to re-update systems that have had to be adjusted for the new Vat rate,’ says Thomas Lobban, master tax practitioner at Latita Africa. Moneyweb

Today, a look at the implications of the Vat reversal decision on individuals and businesses. Why more South Africans are ditching big name brands in favour of house brands. The impact of trade wars on short-term insurance. And how public relations agencies need to reclaim ownership in a shifting industry. Moneyweb

This year, through the theme ‘Connect and Engage,’ The Chartered Institute of Procurement and Supply, aims to reinforce the importance of building strong relationships, embracing innovation, and elevating the role of procurement in creating sustainable, strategic impact across industries. Moneyweb

Artificial intelligence and virtual assistants are meant to make our lives easier, but who manages the bots? Why South Africa cannot afford to ignore the R1 trillion underground economy. A look at how the Chartered Institute of Procurement and Supply helps professionals to connect, collaborate and lead meaningful change. Moneyweb

‘Civil servants get close to 20% of GDP. That's how much we pay civil servants in South Africa. It's completely out of line,’ says the chief economist at the Efficient Group. Moneyweb

Opposition parties claim victory as the Vat hike is scrapped, but how will government plug the R75bn budget hole? A new report shows varying geopolitical priorities from the world’s middle powers. A look at global investment opportunities amidst global uncertainty. And why an expert says individuals not having access to the African Court is a human rights failure. Moneyweb