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The annual consumer inflation accelerated to five percent in June, and the Road Accident Fund owes about 21-point-seven billion rand in unpaid claims. We continue our discussion with political and trend analyst JP Landman on South Africa’s struggling municipal system, and Professor Waldo Krugell gives an overview of the impact of poor municipal management on the economy. In international business news, US President Donald Trump has imposed a 50 percent tariff on a wide range of Canadian imports, and locally Coronation warns against chasing soaring artificial intelligence shares. In conclusion, the customer experience and platform manager at Just Money, Sarah Nicholson, shares valuable information when considering investment options. She explains how to verify possible investment opportunities.

On this week's Bizskoops, a study shows that South Africans are cutting back on spending due to rising living costs, and we continue our discussion with political and trend analyst JP Landman on South Africa’s struggling municipal system. Professor Waldo Krugell talks about economists and their predictions. In international business news, global investor confidence has reached its highest level since February, while locally, Clicks remains financially strong even after losing market value. This week, we start with a new series of talks with Just Money. The Customer Experience and Platform Manager at Just Money, Sarah Nicholson, share valuable information when considering investment options.

South Africa will present its case to the United States Trade Representative this week, while the World Bank has recommended that the country extend its 15% corporate tax rate to all Special Economic Zones. We continue our discussion with political and trend analyst JP Landman on South Africa’s struggling municipal system, while Professor Waldo Krugell takes a closer look at the economics behind the price of a rugby ticket. In international business news, Samsung Electronics expects its operating profit to increase almost 19-fold, while on the local front, Dis-Chem founders Ivan and Lynette Saltzman have sold company shares worth more than R9 million. We conclude our conversation with Erica Liebenberg of JustMoney, who shares important advice on what to consider before trying to earn an income by working online.

On this week’s Bizskoops: The South African Revenue Service will expand its auto-assessment system to include selected provisional taxpayers for the first time, while Statistics South Africa has released its latest Quarterly Employment Statistics. We begin a new series of discussions with political and trend analyst JP Landman on South Africa’s struggling municipal system. Professor Waldo Krugell provides an overview of recent financial indicators that suggest consumers remain under financial pressure. In international business news, Volkswagen is reportedly considering its biggest restructuring yet, while on the local front, Naspers and Prosus have announced a 40% dividend increase. We also continue our conversation with Erica Liebenberg of JustMoney, who shares practical tips on earning an income by working online.

South African consumer confidence fell sharply during the second quarter, and South Africans may soon see major changes to the country’s ATM network. Professor Waldo Krugell discusses the impact of artificial intelligence on young people and employment and explains why the future belongs to those who know how to use and manage AI effectively. In international business news, Oracle has cut about 21 000 jobs worldwide over the past year as the technology giant accelerates its shift towards artificial intelligence. On the local front, the Financial Sector Conduct Authority has warned the public and investors about a sophisticated scam in which fraudsters are impersonating the regulator and its commissioner, Unathi Kamlana. We also continue our conversation with Erica Liebenberg of JustMoney, who shares practical tips on how young people can earn an income by working online.

On this week’s Bizskoops: South Africa’s annual consumer price inflation rose to 4.5% in May, while the Department of Mineral and Petroleum Resources says the country’s long-delayed national mining cadastre should be operational by the end of March next year. Professor Waldo Krugell discusses the impact that fuel price increases over the past two months may have on consumer spending. In international business news, the United Kingdom and Japan have announced a multi-billion-pound investment agreement aimed at boosting economic growth and creating tens of thousands of jobs. On the local front, investor expectations for further interest-rate hikes in South Africa have eased, and we continue our conversation with Erica Liebenberg of JustMoney, who shares practical tips on how young people can earn an income by working online.

On this week’s Bizskoops: South Africa’s economy grew by only 0.5% in the first quarter, while Eskom’s restructuring remains on the cards despite a missed deadline. Chris Hattingh of the Centre for Risk Analysis shares insights on whether the recent upgrade by Fitch Ratings is likely to have any meaningful impact on the challenges facing businesses and on economic growth. Professor Waldo Krugell discusses the digital future of money, while Google has agreed to pay SpaceX for computing power to enhance its artificial intelligence platform. The Executive Head of Energy, Infrastructure & Mining at Standard Bank, Deerosh Maharaj, tells us more about how the bank has positioned itself as a partner for businesses that want to grow competitively while integrating sustainability, especially around climate, energy and agriculture. We also hear from Erica Liebenberg of JustMoney, who shares practical tips on how young people can earn an income by working online.

On this week’s Bizskoops: South African business confidence weakened sharply in the second quarter, while the country has recorded the highest rate of suspected digital fraud in Africa. Chris Hattingh of the Centre for Risk Analysis shares insights on whether current policy responses are addressing the right problems. Professor Waldo Krugell provides an overview of key financial indicators at the start of a new month. In global business news, Tesla’s China-made electric vehicle sales rose sharply in May, while governments worldwide are taking steps to shield consumers from rising energy costs linked to the Middle East conflict. On the local front, Tiger Brands has decided to sell its Beacon Easter eggs and chocolate slab business, as well as the Beacon brand itself, as part of an ongoing restructuring strategy. We conclude our conversation with Pieter Wasserfall of JustMoney, who shares valuable advice on investing this week.

On this week’s Bizskoops: The South African Reserve Bank is set to decide on the repo rate this week, and we discuss the possible factors influencing its decision and the likely outcomes. Chris Hattingh of the Centre for Risk Analysis also explains how the global bond selloff is increasing South Africa’s borrowing costs. Professor Waldo Krugell discusses how the effects of the Middle East conflict are being felt across several sectors of the economy globally, not only through rising oil prices. In international business news, Sam Altman, CEO OpenAI says artificial intelligence is unlikely to trigger the large-scale job losses he once feared. There is also good news for investors who bought shares in Stefanutti Stocks in 2020. We continue our conversation with Pieter Wasserfall of JustMoney, who explains why consumers should avoid taking on new debt and unpacks stokvels as a practical way of saving money.

On this week’s Bizskoops: We speak to Dr Elna Moolman, Group Head of South Africa Macroeconomic Research at Standard Bank, about April inflation, which surged to 4%, while Minister Gwede Mantashe assures South Africans that there is no immediate risk of fuel shortages. Chris Hattingh of the Centre for Risk Analysis unpacks concerns around rising unemployment, while Professor Waldo Krugell explains what he expects from future interest rate decisions. In international business news, UK-based Standard Chartered plans to reduce its back-office workforce by more than 15% as it expands the use of artificial intelligence and automation, while Greencoat Renewables will move to a main board listing on the Johannesburg Stock Exchange from 28 May. We also continue our discussion with Pieter Wasserfall of JustMoney, who shares more practical tips on how households can save on monthly living expenses.