The United Nations’s International Day of Family Remittances, celebrated on 16 June, showcases how international remittances – money sent from one country to another, often by a foreign worker to family or friends in their home country – contribute both to national economies and the resilience of households and communities around the world. How ChatGPT will become your child’s new classmate. And a celebration of chenin blanc. Moneyweb
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[TOP STORY] Illicit tobacco trade costs SA R20bn annually
‘From a tobacco point of view, South Africa is the only country in the world where illicitly traded cigarettes are cigarettes that are traded over the counter,’ says economist, Sifiso Skenjana. Moneyweb
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Climate change could slash SA food production by 50%
As SA gears up to host the G20, the first-ever Urban20 Sherpa meeting to be held on the African continent is set to devise a shared vision for urban progress. A look at essential steps needed to stop illicit tobacco trade. Moneyweb
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[TOP STORY] Betting on desperation: How the poor are fueling SA’s gambling boom
‘What we saw in 2024 was that 36% of the respondents who gamble actually said they gamble to pay off their debts and to cover their expenses,’ says John Manyike, head of financial education at Old Mutual. Moneyweb
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Trump vs Musk: The economy of egonomics
A look at the hidden costs of SA’s gambling problem. How the local retail economy is finding growth in the wellness sector. And new data shows that young people are leading the adoption of earned wage access technology. Moneyweb
Moneyweb@Midday is back, with veteran journalist Jeremy Maggs the new host of the podcast. Launching on 8 May 2023, Moneyweb brings you a fast-paced live daily news show, covering a wide range of topics, from business and economics to breaking news in politics, tech, sport and more. The show features exclusive interviews with captains of industry, CEOs, political leaders and prominent newsmakers, offering unique insights and in-depth analyses. Tune in on weekdays via the Moneyweb website and mobile app between 12h00 and 12h30.
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