Moneyweb News

Unemployment rose to 33.7% in the third quarter, despite 101 000 new jobs. Youth unemployment remains high at 47.3%, with 8.6 million people unemployed. What needs to change to create more jobs? #Moneyweb #Unemployment ow.ly/9T495105swH

[PODCAST] Can SA’s new coalition governments turn local election results into economic progress? NWU’s Raymond Parsons tells @maggsonmedia on #MoneywebAtMidday why stable municipalities, reliable services and support for small businesses are essential for investment and job creation. #Moneyweb #Coalitions Listen in full here: ow.ly/3F7H5105neI

Stor-Age’s distributable income per share rose 4% to 69.04c, supporting a 4% increase in its interim dividend. The group also plans to acquire 10 Xtraspace properties for R387m, expanding its SA portfolio. #Moneyweb #Stor-Age ow.ly/MHCO5105lWO

[ADVISOR VIEW] Can you capture the value of good financial advice without paying an advisor? Werner Gerber of Clear Gauge Wealth explores Vanguard’s research suggesting advice can add around 3% to investment returns, and offers nine practical tests for South Africans managing their own money. #Moneyweb #Vanguard ow.ly/O8Si5105m92

If members spend more than R3 000 a month on fuel at Astron, their rewards are boosted to 50c/l (including on purchases already made). #Moneyweb #Shoprite ow.ly/OK4V5105kqN

The IDC’s reported R10bn Amsa rescue has raised fears of more import protection and higher steel prices, with downstream manufacturers warning that saving one producer could cost jobs across the industry. #Moneyweb #Amsa ow.ly/1y535105kmQ

[ADVISOR VIEW] A salary increase doesn’t necessarily mean more money saved. Johann Rossouw of Fiscal Private Client Services explains how lifestyle creep eats into extra income and why deciding how to use a raise before it lands can make a difference. #Moneyweb #MoneyTips ow.ly/gKHu5105gVI

Premier Group’s operating profit jumped 52.5% to R1.7bn, driven by stronger Millbake margins and its first results including Rhodes Quality and Bull Brand following the R6.5bn RFG acquisition. #Moneyweb #Premier ow.ly/hTwQ5105iYU

[WEBINAR] How can executives navigate geopolitical uncertainty, emerging technologies and organisational change? Join host @maggsonmedia and @GIBS_SA experts Dr Jill Bogie, Prof Nicola Kleyn, Prof Albert Wocke and Prof Caren Scheepers on 17 November at 2pm. Register here: ow.ly/ICqW5104srB Read more: ow.ly/16PM5104srC

[ADVISOR VIEW] Uncertainty around debt, retirement, insurance and unexpected expenses can take a toll on your peace of mind. Erin White of @crueinvest outlines eight common financial worries and practical steps to address them. #Moneyweb #FinancialPlanning ow.ly/Fj7x5105gUc

[PODCAST] @SimonPB speaks to Fortress CEO and Sapoa president Steven Brown on #MoneywebNOW about what the property sector needs from newly elected municipalities, the cost of poor service delivery and why local investment should come before foreign capital. #Moneyweb #Podcast Listen to the full conversation here: ow.ly/grYO5105hOX

Vodacom’s half-year headline earnings per share rose 26% to R5.87, helped by gains from Safaricom. The group declared an interim dividend of R3.55, up 7.6%, as its increased stake in the Kenyan operator faces a legal challenge. #Moneyweb #Vodacom ow.ly/3f6C5105hpp

[LISTEN] @jmoyaha_ speaks to Omnia CEO Seelan Gobalsamy on SAfm #MarketUpdate about the group’s 26% jump in interim operating profit and the R21bn Solar Group buyout, approved by 99.9% of shareholders, which will take Omnia off the JSE. #Moneyweb #Radio Listen to the full conversation here: ow.ly/cVNj5105gSg

[WATCH] @SurenNaidoo speaks to Nepi Rockcastle CEO Marek Noetzel on #ThePropertyPod about the group’s plans to grow its €8.4bn property portfolio to €13bn, its expansion into Spain and why South African investors hold around 80% of its shares. #Moneyweb #Podcast Watch the full episode here: ow.ly/vTKL5105gQY

Absa plans to complete its African banking expansion within two years, targeting new markets including Nigeria and Angola as it seeks to diversify earnings and drive growth beyond its established markets. #Moneyweb #Absa ow.ly/QZ4x5105hwv

Republican Thomas Massie has introduced eight articles of impeachment against US Defence Secretary Pete Hegseth, accusing him of misconduct including waging war without congressional approval and unlawful killings. #Moneyweb #PeteHegseth ow.ly/Gmlt5105gPT

Africa’s resource wealth offers huge potential, but infrastructure gaps, limited local processing and weak governance continue to hold back growth. Standard Bank chief economist Goolam Ballim and Professor Bonang Mohale told the One Young World Summit what needs to change. #Moneyweb #OneYoungWorldSummit ow.ly/TgIG5105gOT

The Labour Court has dismissed a union’s bid to halt retrenchments at Premier FMCG’s Tulbagh cannery, finding the company followed a fair consultation process. Premier says 407 of the 409 affected employees accepted voluntary severance packages. #Moneyweb #Premier ow.ly/5oGG5105gNG

Qantas will launch seasonal direct flights between Sydney and Cape Town in October 2027, while Ethiopian Airlines resumes daily Durban-Addis Ababa flights in December. The moves are set to strengthen SA’s tourism and business links. #Moneyweb #Qantas ow.ly/eIpa5105gNn

[SPONSORED] When supply chains are disrupted, South Africa’s mid-sized businesses often bear the cost. FNB’s Mike Naidoo explains why banks need to understand the operations behind every transaction. @FNBSA ow.ly/tLqq5105h24