Daily Maverick – Business

Daily Maverick – Business

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South African business, economy and policy.

BEWARE THE BURNOUT: Stressed Teachers Need Support to Give Their Best in the Classroom
NewsApr 17, 2026

BEWARE THE BURNOUT: Stressed Teachers Need Support to Give Their Best in the Classroom

South African teachers are grappling with extreme workload and emotional strain, with studies showing up to 5,000 daily student interactions and chronic stress symptoms. Primary‑school educators and women report the highest stress levels, driven by low pay, heavy administrative duties,...

By Daily Maverick – Business
MATERNAL RIGHTS: Calls Grow for Accountability as Obstetric Violence Emerges as Overlooked Form of GBV
NewsApr 15, 2026

MATERNAL RIGHTS: Calls Grow for Accountability as Obstetric Violence Emerges as Overlooked Form of GBV

South Africa’s gender‑based violence crisis now includes obstetric violence, a hidden abuse of women during pregnancy and childbirth. A 2023 national Birth Survey by Embrace found 53 % of respondents experienced mistreatment, while a 2026 report showed roughly 60 % of births...

By Daily Maverick – Business
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
PUBLIC HEALTHCARE: Bureaucratic Cardiac Arrest — Why Heart Attacks Became Deadlier in Nelson Mandela Bay
NewsApr 9, 2026

PUBLIC HEALTHCARE: Bureaucratic Cardiac Arrest — Why Heart Attacks Became Deadlier in Nelson Mandela Bay

From April 1‑9, Livingstone Hospital in Nelson Mandela Bay had no adult cardiologists on duty after their contracts expired, leaving a multimillion‑rand catheterisation laboratory idle. The Eastern Cape Department of Health failed to renew the contracts, forcing cardiac patients to be...

By Daily Maverick – Business
PAPER VICTORY: CPS Ordered to Pay Sassa R81.3m, but the Balance Sheet Says, Good Luck
NewsApr 8, 2026

PAPER VICTORY: CPS Ordered to Pay Sassa R81.3m, but the Balance Sheet Says, Good Luck

South Africa's Constitutional Court ordered Cash Paymaster Services (CPS) to repay R81.3 million (≈ $4.3 million) to the South African Social Security Agency (Sassa). However, CPS entered liquidation with only about R51 million (≈ $2.7 million) in undisputed assets against R779 million (≈ $41.5 million) in proved claims, meaning...

By Daily Maverick – Business
PERSONAL FINANCE : You Can Take More Cash Offshore — but Tax and Timing Traps Still Lurk
NewsApr 8, 2026

PERSONAL FINANCE : You Can Take More Cash Offshore — but Tax and Timing Traps Still Lurk

The 2026 South African budget raised the single discretionary allowance (SDA) to R2 million per adult—about $106,000—removing the need for a SARS tax clearance. Couples can now move up to R4 million (~$212,000) offshore each year, and when combined with the foreign...

By Daily Maverick – Business
PERMIT PARALYSIS: How a Single Administrative Error Sparked 10 Months of Critical Medication Shortages in Eswatini
NewsApr 8, 2026

PERMIT PARALYSIS: How a Single Administrative Error Sparked 10 Months of Critical Medication Shortages in Eswatini

An administrative error in November 2023 led Eswatini’s Ministry of Health to suspend Fortunate Bhembe, the sole official authorized to sign import permits for controlled medicines. With no successor appointed, the country’s primary supplier, SwaziPharm, could not secure new imports,...

By Daily Maverick – Business
GEOPOLITICS: When Diplomacy Fails — the Disastrous Cost of the US-Israeli War on Iran
NewsApr 8, 2026

GEOPOLITICS: When Diplomacy Fails — the Disastrous Cost of the US-Israeli War on Iran

The United States and Israel launched coordinated airstrikes that killed Iran’s supreme leader and senior officials, abruptly ending a fragile nuclear‑negotiation track mediated by Oman. The attacks violated Article 2(4) of the UN Charter and U.S. congressional requirements, undermining the legal...

By Daily Maverick – Business
MUNICIPAL SERVICE CHARGES: City of Cape Town Hid Its Budget Details in 39 Annexures
NewsApr 6, 2026

MUNICIPAL SERVICE CHARGES: City of Cape Town Hid Its Budget Details in 39 Annexures

Cape Town’s 2026/27 draft budget, a $4.6 billion plan spread across 39 annexes, promises a record $2.1 billion infrastructure spend while touting modest rate relief. In reality, the residential rate‑in‑the‑rand formula drops 10.2%, yet rising property valuations push total rate revenue up 7% (about $50 million)....

By Daily Maverick – Business
THE BIG CLAWBACK: VBS Bank Autopsy - Court Judgment: If You Can't Explain the Cash, You Have to Pay It...
NewsApr 6, 2026

THE BIG CLAWBACK: VBS Bank Autopsy - Court Judgment: If You Can't Explain the Cash, You Have to Pay It...

Six years after more than R2 billion (~$105 million) was siphoned from VBS Mutual Bank, a Johannesburg High Court judgment orders the repayment of R17.29 million (~$0.9 million). The court found former traditional leader Toni Mphephu, his nephew Oscar Thobakgale, and related trusts liable...

By Daily Maverick – Business
AMABHUNGANE: Robert Gumede — Tongaat Hulett’s Not-so-Sweet Suitor
NewsApr 1, 2026

AMABHUNGANE: Robert Gumede — Tongaat Hulett’s Not-so-Sweet Suitor

Robert Gumede, the public face of Vision Sugar’s bid for distressed Tongaat Hulett Limited, is now entangled in a Special Tribunal case brought by South Africa’s Special Investigating Unit. The SIU alleges that Gumede’s nephew‑run firm Red Roses Africa overcharged...

By Daily Maverick – Business
PANIC AT THE PUMPS: Fuel Supply Woes Persist as Government Reassurances Fail to Ease Motorists’ Fears
NewsMar 30, 2026

PANIC AT THE PUMPS: Fuel Supply Woes Persist as Government Reassurances Fail to Ease Motorists’ Fears

The Fuels Industry Association of South Africa says overall fuel supply is stable but diesel is tight ahead of the April 1 2026 price adjustment. A planned shutdown of the Cape Town refinery, set for mid‑April, will rely on imports and is...

By Daily Maverick – Business
MISSING IN ACTION: AG Finds SANDF Can’t Keep Track of Military Assets as R823m Troop Deployment Begins
NewsMar 29, 2026

MISSING IN ACTION: AG Finds SANDF Can’t Keep Track of Military Assets as R823m Troop Deployment Begins

The South African Auditor‑General reported that the Department of Defence cannot locate many of its own movable assets, despite managing a $3.6 bn equipment base. This audit comes as the SANDF begins a $43 mn Operation Prosper deployment of about 2,200 troops...

By Daily Maverick – Business
VIDEO: Watch – How Cape Town's Municipal Bills Are Outrunning Its Middle-Class Residents
NewsMar 29, 2026

VIDEO: Watch – How Cape Town's Municipal Bills Are Outrunning Its Middle-Class Residents

Cape Town homeowners without income‑linked rebates are seeing municipal bills climb far faster than inflation and wage growth over the past decade. The surge stems from sharply rising property valuations and a suite of new fixed charges that didn’t exist...

By Daily Maverick – Business
THE WEEKEND WRAP: Winners and Losers in the Iran War, and Eugene De Kock as Ailing Witness
NewsMar 28, 2026

THE WEEKEND WRAP: Winners and Losers in the Iran War, and Eugene De Kock as Ailing Witness

The weekend wrap surveys the fallout from the Iran‑Israel conflict, flagging that no party truly wins as regional instability spikes. In South Africa, court appearances by Vusimuzi “Cat” Matlala and revelations of a Brian Molefe slush fund revive the state‑capture narrative,...

By Daily Maverick – Business
How Necropolitics Deepens the Crime and Inequality Crisis in Cape Town
NewsMar 26, 2026

How Necropolitics Deepens the Crime and Inequality Crisis in Cape Town

Cape Town’s housing crisis has intensified as gentrification and soaring property prices force Black and coloured residents from the City Bowl to the Cape Flats, deepening spatial segregation. The article applies Achille Mbembe’s necropolitics framework to argue that state policies and...

By Daily Maverick – Business
‘BLOODY SCARY’: Fire Chopper Crash Above Hout Bay Ends in Miraculous Escape
NewsMar 26, 2026

‘BLOODY SCARY’: Fire Chopper Crash Above Hout Bay Ends in Miraculous Escape

A yellow Huey firefighting helicopter operated by Kishugu Aviation clipped a cliffside above Hout Bay on March 25, flipped over and lost its rotors. The dramatic crash was captured on video, but pilot Mike Bothma escaped unharmed. The incident occurred...

By Daily Maverick – Business
Kim Meets Lukashenko as Russia Allies North Korea, Belarus Sign Friendship Treaty
NewsMar 26, 2026

Kim Meets Lukashenko as Russia Allies North Korea, Belarus Sign Friendship Treaty

North Korean leader Kim Jong Un and Belarusian President Alexander Lukashenko signed a Treaty of Friendship and Cooperation during Lukashenko’s first official visit to Pyongyang. The ceremony featured a 21‑gun salute, schoolchildren waving flags, and a military honor guard, underscoring...

By Daily Maverick – Business
Bus Falls Into River While Boarding Ferry in Bangladesh, Leaving 24 Dead
NewsMar 26, 2026

Bus Falls Into River While Boarding Ferry in Bangladesh, Leaving 24 Dead

A passenger bus carrying roughly 40 people capsized while attempting to board a ferry at Daulatdia in Bangladesh's Rajbari district, plunging about 30 feet (9 m) into the Padma River. Rescue teams recovered 22 bodies and confirmed 24 deaths, including women and...

By Daily Maverick – Business
Adolescents Are the Missing Middle Falling Through the Cracks of TB Care
NewsMar 25, 2026

Adolescents Are the Missing Middle Falling Through the Cracks of TB Care

Adolescents represent a hidden segment of the tuberculosis epidemic, with roughly 750,000 teens contracting TB worldwide each year and about 20,000 cases in South Africa alone. Because health data split patients into children or adults, teenagers fall between categories, leading...

By Daily Maverick – Business
Africa Needs to Build an Economic Architecture that Renders It Immune to US Extortion
NewsMar 25, 2026

Africa Needs to Build an Economic Architecture that Renders It Immune to US Extortion

A leaked U.S. State Department memo threatens to cut HIV aid for roughly 1.3 million Zambians unless the government grants American firms access to its copper, lithium and cobalt mines. The document frames the move as a direct “America First” extortion...

By Daily Maverick – Business
AGE OF ACCOUNTABILITY: Anti-Corruption Directorate Arrests 12 Police Officers over R360m ‘Cat' Matlala Contract
NewsMar 24, 2026

AGE OF ACCOUNTABILITY: Anti-Corruption Directorate Arrests 12 Police Officers over R360m ‘Cat' Matlala Contract

South Africa’s National Prosecuting Authority’s Independent Directorate Against Corruption (Idac) arrested 12 police officers for their role in a R360‑million (≈ $19 million) health‑services contract awarded to Vusimusi “Cat” Matlala’s company Medicare 24. The contract, covering wellness screenings and injury‑on‑duty assessments for the...

By Daily Maverick – Business
RADIO SILENCE: A Failure to Communicate: Nelson Mandela Bay Mayor in Parliament’s Crosshairs
NewsMar 24, 2026

RADIO SILENCE: A Failure to Communicate: Nelson Mandela Bay Mayor in Parliament’s Crosshairs

Parliament’s Portfolio Committee on Cooperative Governance and Traditional Affairs confronted Nelson Mandela Bay mayor Babalwa Lobishe after she failed to respond to at least six letters and multiple phone calls seeking audit results, contracts and forensic investigation details. The mayor’s...

By Daily Maverick – Business
TRC Roulette : Khampepe Inquiry: Former NPA Head Menzi Simelane Challenges Senior TRC Prosecutor’s ‘Scapegoating’
NewsMar 23, 2026

TRC Roulette : Khampepe Inquiry: Former NPA Head Menzi Simelane Challenges Senior TRC Prosecutor’s ‘Scapegoating’

Former senior TRC prosecutor Anton Ackermann publicly apologized to ex‑NPA head Menzi Simelane, admitting his earlier testimony may have mischaracterised Simelane’s involvement in Ackermann’s removal from TRC cases. The Khampepe Commission revealed a 2003 internal memo was later falsified to...

By Daily Maverick – Business
Slovenia Limits Fuel Purchases as some Pumps Run Dry
NewsMar 22, 2026

Slovenia Limits Fuel Purchases as some Pumps Run Dry

Slovenia has imposed daily fuel purchase caps—50 litres for private cars and 200 litres for companies—to curb shortages after a sudden demand spike. Prime Minister Robert Golob assured that national reserves are sufficient, but many stations remain closed, prompting the government to order...

By Daily Maverick – Business
JOBURG NEWSLETTER: Doja Cat to Jazz in the Lights – Your Joburg Weekend Gig Guide
NewsMar 20, 2026

JOBURG NEWSLETTER: Doja Cat to Jazz in the Lights – Your Joburg Weekend Gig Guide

Johannesburg’s weekend cultural guide highlights a star‑studded lineup, headlined by Grammy‑winner Doja Cat’s first South African concert at Sunbet Arena, with tickets ranging from R1,000 to R1,696. The city also hosts the Jazz In The Lights festival at the Johannesburg Zoo,...

By Daily Maverick – Business
Serbia Secures US Sanctions Waiver for Its NIS Oil Firm, Energy Minister Says
NewsMar 20, 2026

Serbia Secures US Sanctions Waiver for Its NIS Oil Firm, Energy Minister Says

Serbia secured a U.S. Treasury waiver extending sanctions relief for the Russian‑owned Naftna Industrija Srbije (NIS) until April 17, 2026, allowing continued crude oil imports amid the war on Iran. The waiver comes as Serbia imposed a ban on crude and...

By Daily Maverick – Business
UAE Says It Dismantled 'Terrorist Network' Funded by Iran, Hezbollah
NewsMar 20, 2026

UAE Says It Dismantled 'Terrorist Network' Funded by Iran, Hezbollah

The United Arab Emirates announced it has dismantled a terrorist network allegedly funded by Iran and Lebanon’s Hezbollah, arresting several operatives. The cell used a fictitious commercial front to launder money, finance terrorism and threaten national security. Lebanon’s foreign ministry...

By Daily Maverick – Business
MIDDLE EAST SPILLOVER: Don’t Call It a Fuel Crisis, but Prepare to Pay
NewsMar 19, 2026

MIDDLE EAST SPILLOVER: Don’t Call It a Fuel Crisis, but Prepare to Pay

South Africa is confronting an acute fuel supply shock after the Strait of Hormuz closure disrupted Middle‑East oil flows. The government assures no station shutdowns, yet industry‑level allocation bans have left diesel pumps dry in several provinces. A strategic petroleum...

By Daily Maverick – Business
DIPLOMATIC RELATIONS: No Ambassador, No Problem — SA’s Unorthodox Approach to the US
NewsMar 17, 2026

DIPLOMATIC RELATIONS: No Ambassador, No Problem — SA’s Unorthodox Approach to the US

President Cyril Ramaphosa has kept South Africa’s embassy in Washington without a formally appointed ambassador for over a year, opting to run the mission through Deputy Ambassador Thabo Thage as chargé d’affaires. Senior adviser Alistair Ruiters, based in Pretoria, has become the...

By Daily Maverick – Business
CYBERSECURITY: Gauteng Was Lucky with Latest 3.8TB Data Breach, but the Luck Will Run Out
NewsMar 17, 2026

CYBERSECURITY: Gauteng Was Lucky with Latest 3.8TB Data Breach, but the Luck Will Run Out

A ransomware‑as‑a‑service group called XP95 exfiltrated roughly 3.8 TB of data from the Gauteng Provincial Government, exposing over 3.6 million files of IDs, passports and résumés. The breach originated from an unsecured, internet‑facing scanner server rather than a phishing error. More than...

By Daily Maverick – Business
Trump Says NATO's Refusal to Help on Iran Is "Very Foolish Mistake"
NewsMar 17, 2026

Trump Says NATO's Refusal to Help on Iran Is "Very Foolish Mistake"

President Donald Trump criticized NATO allies for refusing to join the U.S.–Israeli military effort against Iran, calling the decision a “very foolish mistake.” He urged nations to help secure the Strait of Hormuz, where Iran’s attacks have threatened a key...

By Daily Maverick – Business
BUSINESS REFLECTION: After the Bell: Is This the Moment to Drill, Baby, Drill?
NewsMar 17, 2026

BUSINESS REFLECTION: After the Bell: Is This the Moment to Drill, Baby, Drill?

South Africa’s Mineral and Petroleum Resources Minister Gwede Mantashe announced plans to ease regulations and accelerate oil and gas drilling, including fracking, as global oil prices spike amid the Iran conflict. The move aims to reduce the country’s heavy reliance...

By Daily Maverick – Business
PATIENT CARE: National Health Laboratory Service System Out of Action, Causing ‘Massive Disruptions’ to Health Facilities
NewsMar 17, 2026

PATIENT CARE: National Health Laboratory Service System Out of Action, Causing ‘Massive Disruptions’ to Health Facilities

On 17 March the National Health Laboratory Service (NHLS) in South Africa lost access to its TrakCare information system after a power outage at its Johannesburg head office, revealing the absence of backup power. NHLS provides diagnostic pathology for over 80 %...

By Daily Maverick – Business
RETAIL SECTOR: Woolworths Bets In2food Can Unlock Offshore Growth Where David Jones Could Not
NewsMar 17, 2026

RETAIL SECTOR: Woolworths Bets In2food Can Unlock Offshore Growth Where David Jones Could Not

Woolworths announced a cash acquisition of 100% of prepared‑foods manufacturer in2food, a supplier that generates over R5 billion in annual revenue across ready‑meals, bakery and ambient lines. The deal is described as earnings‑, margin‑ and valuation‑accretive, and it secures Woolworths' largest...

By Daily Maverick – Business
CRYPTO IN THE SKY: SAA Passengers Get Another Way to Pay for Flights — Bitcoin
NewsMar 15, 2026

CRYPTO IN THE SKY: SAA Passengers Get Another Way to Pay for Flights — Bitcoin

South African Airways (SAA) has become the first major African carrier to embed Bitcoin payments directly into its booking platform, partnering with fintech Ozow and crypto‑bridge MoneyBadger. The checkout generates a Lightning Network QR code, instantly converting the digital asset...

By Daily Maverick – Business