Daily Maverick – Business

Daily Maverick – Business

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South African business, economy and policy.

TRIAL TACTICS: Danny Jordaan and His Fraud Co-Accused Play Cat-and-Mouse with Legal System
NewsApr 14, 2026

TRIAL TACTICS: Danny Jordaan and His Fraud Co-Accused Play Cat-and-Mouse with Legal System

South African Football Association (SAFA) president Danny Jordaan and finance chief Gronie Hluyo have filed a second Section 342A application, seeking a court‑ordered investigation into alleged delays in their fraud trial. Their earlier 342A request was dismissed by Magistrate Sheron Soko‑Rantao,...

By Daily Maverick – Business
FINANCIAL WELLNESS COACH: How to Prepare Your Investment Portfolio for Retirement Income
NewsApr 14, 2026

FINANCIAL WELLNESS COACH: How to Prepare Your Investment Portfolio for Retirement Income

Kenny Meiring advises anyone three years from retirement to evaluate whether a living annuity or a life annuity best fits their income needs. A life annuity typically offers about a third more monthly income for a 65‑year‑old but locks in...

By Daily Maverick – Business
Why Emerging Market Peers Have Outpaced a Collapsing SA
NewsApr 14, 2026

Why Emerging Market Peers Have Outpaced a Collapsing SA

South Africa’s economy has deteriorated sharply since 1994, with unemployment climbing from 13% to roughly 32% and its nominal GDP ranking slipping to 36th worldwide. The rand has weakened dramatically, moving from R3.60 per US dollar to about R17, while...

By Daily Maverick – Business
SPOTLIGHT: Survival over Compliance Drives Nurses Into the Shadows of an Unworkable Moonlighting System
NewsApr 14, 2026

SPOTLIGHT: Survival over Compliance Drives Nurses Into the Shadows of an Unworkable Moonlighting System

South Africa’s public‑sector nurses are increasingly working off‑the‑books in private clinics to make ends meet, with only 20% holding formal permission compared with 85% of doctors. A 2025 survey of 1,397 health workers revealed widespread non‑compliance, while corruption at hospitals...

By Daily Maverick – Business
BOOK REVIEW: Navigating Obsession, Sexuality and Belonging in These Four Must-Read Books
NewsApr 13, 2026

BOOK REVIEW: Navigating Obsession, Sexuality and Belonging in These Four Must-Read Books

The Daily Maverick review spotlights four 2025‑26 releases that probe obsession, sexuality and belonging. Arundhati Roy’s memoir "Mother Mary Comes to Me" (≈$24) intertwines a fierce mother’s love with generational trauma. Tanya Sweeney’s "Esther Is Now Following You" (≈$21) dramatizes...

By Daily Maverick – Business
GROWTH NARRATIVE OP-ED: SA’s Economy — Are We Turning the Corner, or Entering a Cul-De-Sac?
NewsApr 12, 2026

GROWTH NARRATIVE OP-ED: SA’s Economy — Are We Turning the Corner, or Entering a Cul-De-Sac?

South Africa’s economy is caught between two narratives: a "turning‑the‑corner" view that points to modest growth gains, electricity and transport reforms, a sovereign‑rating upgrade and removal from the FATF grey list, and a skeptical view that stresses persistently low growth,...

By Daily Maverick – Business
SA’s Farm Machinery Slowdown Masks a More Resilient Agricultural Picture
NewsApr 12, 2026

SA’s Farm Machinery Slowdown Masks a More Resilient Agricultural Picture

The South African Agricultural Machinery Association reported that March 2026 tractor sales fell 8% year‑on‑year to 618 units, ending a 14‑month streak of growth, while combine‑harvester sales dropped 22% to 29 units. Despite the dip, both categories remain above their...

By Daily Maverick – Business
CLIMATE CRISIS : Drought Warning: El Niño on Steroids Is on the Horizon
NewsApr 12, 2026

CLIMATE CRISIS : Drought Warning: El Niño on Steroids Is on the Horizon

Forecasts from the ECMWF, NOAA and other global centres now give the southern hemisphere a more than 60% chance of a strong El Niño developing by October‑December 2026. A "super" event could mirror the 1982/83, 1997/98 and 2015/16 episodes that slashed...

By Daily Maverick – Business
FUELLING WAR: ‘Hypocrisy’: Critics Slam SA for Boosting Coal Exports to Israel Despite Gaza Genocide Case
NewsApr 12, 2026

FUELLING WAR: ‘Hypocrisy’: Critics Slam SA for Boosting Coal Exports to Israel Despite Gaza Genocide Case

South Africa’s coal exports to Israel surged in the past two years, reaching roughly 2.99 million tonnes between October 2023 and December 2025, even as Pretoria pursues a genocide case against Israel at the International Court of Justice. The increase followed Colombia’s decision...

By Daily Maverick – Business
MAIN STREET SUNDAYS: Join Jozi’s First Car-Free Sunday, and Celebrate Connection
NewsApr 11, 2026

MAIN STREET SUNDAYS: Join Jozi’s First Car-Free Sunday, and Celebrate Connection

On Sunday, April 12, Johannesburg’s Main Street in Marshalltown will shut down to motor traffic from 10 am to 5 pm, turning the busy corridor into a car‑free "living room" for residents. Organized by Jozi My Jozi, Young Urbanists South Africa and city...

By Daily Maverick – Business
HEALTH HAZARDS: Patients ‘Left on Floors’ as Court Interdict Sought to Halt Dora Nginza Hospital Strike
NewsApr 10, 2026

HEALTH HAZARDS: Patients ‘Left on Floors’ as Court Interdict Sought to Halt Dora Nginza Hospital Strike

The Eastern Cape Department of Health has applied for an urgent court interdict to stop an unlawful strike at Dora Nginza Hospital, where staff walkouts left pregnant women and other patients unattended, some even lying on the floor. Video footage...

By Daily Maverick – Business
COST OF LIVING CRUNCH: Food or Paraffin? SA’s Poorest Forced to Choose as Prices Double
NewsApr 10, 2026

COST OF LIVING CRUNCH: Food or Paraffin? SA’s Poorest Forced to Choose as Prices Double

South Africa’s paraffin price more than doubled in April, climbing from R11.52 ($0.61) to R23.19 ($1.22) per litre and reaching a retail ceiling of R31.47 ($1.66). Over 500,000 households – many in informal settlements – depend on paraffin for cooking,...

By Daily Maverick – Business
ISS TODAY OP-ED: Diplomatic Shuffle as Ramaphosa Bumped From France’s G7 — or Was He?
NewsApr 10, 2026

ISS TODAY OP-ED: Diplomatic Shuffle as Ramaphosa Bumped From France’s G7 — or Was He?

South African President Cyril Ramaphova was quietly removed from France’s June 2026 G7 guest list after U.S. President Donald Trump threatened to boycott the summit if the South African leader attended. France’s Emmanuel Macron substituted Kenya’s President William Ruto, citing a streamlined agenda, while French...

By Daily Maverick – Business
Russian Diplomat: Moscow Will Not Abandon Cuba, Help with Energy
NewsApr 10, 2026

Russian Diplomat: Moscow Will Not Abandon Cuba, Help with Energy

Russian Deputy Foreign Minister Sergei Ryabkov told a Cuban press conference that Moscow will not abandon its strategic partnership with Cuba, pledging continued energy assistance beyond the recent delivery of 700,000 barrels of oil on the sanctioned tanker Anatoly Kolodkin. He...

By Daily Maverick – Business
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