Amid wrecking balls like Trump, ANC, here's how organisations can still thrive

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

TimesLIVE
31 minutes ago
- TimesLIVE
Minister wants foreign offenders to serve time in countries of origin
Foreign criminals sentenced to jail time should ideally be deported to their countries of origin to serve their terms, says correctional services minister Pieter Groenewald. He hopes the home affairs department can assist with deportations of foreign offenders granted parole. His department spends R11m a day on inmates from other countries, he told parliament's correctional services portfolio committee on Tuesday. 'The South African taxpayer foots the bill for more than 24,000 foreigners in correctional facilities. Calculated at R463 per day, this results in an expense of R11,112,000 per day. 'We are exploring various solutions, including diplomatic approaches.' Anna Molepo, the department's chief deputy commissioner of community corrections, previously told the committee the number of sentenced foreigners in South African prisons was 12,676 in January 2025, which was 12.4% of the sentenced inmate population. The committee was briefed in February on the challenges the department faced, including the legal issues that affect deportation orders and the processing of foreigners. The department said it was working to ensure the Immigration Act aligns with the relevant frameworks. On Tuesday, Dereleen James, an ActionSA MP, called for accelerated deportation policies. 'Prisoners live in relative comfort while our communities are being destroyed, broken, under-resourced and forgotten,' James said. The R463 daily cost per inmate could fund 555,600 loaves of bread, enough to feed 277,800 households with two loaves each.

IOL News
35 minutes ago
- IOL News
The changing landscape of rental applications in South Africa
Discover the latest findings from the PayProp Rental Index, revealing that over a quarter of South African rental applicants are classified as high-risk. This analysis explores the implications for landlords and rental agents in 2025. Image: Independent Newspapers. A detailed risk analysis in the latest PayProp Rental Index highlights a significant challenge for landlords and rental agents: more than a quarter of South African rental applicants were classed as high-risk in Q1 2025. Based on data from the Tenant Assessment Report, PayProp's market-leading tenant screening tool, 26% of prospective tenants fell into the scoring system's highest risk bracket, up from 25% a year ago. Landlords are seeing improved returns from healthy rental price growth in 2025, but it's important not to get complacent. Tenant affordability is lower due to the cost of living in many provinces, and with one in four applicants potentially presenting a payment risk, thorough vetting is non-negotiable. Traditional credit checks offer only part of the picture when it comes to assessing tenant payment reliability, as they score the applicant based on their debt repayment history but often don't take rental payments into account. In contrast, PayProp combines credit scoring with rental payment histories captured from the platform to reveal where tenants fall on the risk spectrum. Analysis by PayProp ahead of a recent training webinar found that it was 94% better at predicting bad tenant behaviour than a traditional credit score when applied to a sample of real tenant data. In Q1 2025, ● 39.6% of lease applicants were rated minimum-risk ● 20.0% were low-risk ● 14.5% were medium-risk ● 26.0% were high-risk Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ This distribution across the risk spectrum suggests that rental applicants are becoming more concentrated at both ends of the risk scale lately, making careful tenant selection more important than ever. Income trumps all as a risk predictor As can be expected, income is the strongest determinant of tenant risk. Among applicants earning R80,000 or more per month, 60.6% were classed as presenting minimum risk and just 12.2% as being high-risk. In the lowest income bracket (R10,000 - R20,000), only 23% qualified as minimum-risk, while 37% were high-risk. Affordability is one of the first things any agent will check, and this helps demonstrate why. It also means that careful vetting is even more essential for lower-priced properties, as applicants are more likely to fall into lower income brackets. However, there are high-risk and low-risk tenants in every income bracket, and using smarter tools helps agents identify low-income, low-affordability tenants who nevertheless have perfect payment records. Youth equals uncertainty Age also plays a clear role. The 20 - 29 age group showed the lowest share of minimum-risk tenants (29.6%), likely due to thinner credit files and shorter rental histories. However, despite being unknown quantities in normal credit scoring terms, this group tends to have more disposable income after debt and rent, making them potentially better prospects than raw scores may suggest. In contrast, 61.3% of applicants over 60 were classified as presenting minimum risk, and tenant risk declined sharply for all age groups over 50, which indicates a pattern likely linked to more stable financial positions and mature credit profiles. Debt dynamics by gender Interestingly, the report finds only slight gender-based differences in tenant risk, despite women earning roughly 80% of what men do, according to Stats SA. 40.1% of men were assessed as minimum-risk, compared to 39.1% of women. One possible explanation is that women spent 3.2% less of their income on debt repayments than men, improving their overall affordability profile.


The South African
36 minutes ago
- The South African
Extensive upgrades on the cards for major South African airport
Lanseria International Airport, South Africa's only privately owned airport, is gearing up for a major transformation this year. According to BusinessTech , these major upgrades are aimed at increasing capacity at the airport, improving infrastructure, and establishing itself as a key regional hub. The South African airport is also positioning itself for long-term growth through an ambitious expansion plan. CEO Rampa Rammopo outlined a bold future for the Gauteng-based airport, BusinessTech revealed. Handling 1.9 million passengers annually, Lanseria aims to more than double that figure by 2032 and reach six million by 2037. By 2050, the goal is a staggering 18 million passengers a year. 'Our vision is to be a regional airport catering mainly to the SADC and sub-Saharan Africa,' Rammopo said. To support this growth, Lanseria is investing heavily in infrastructure. This will include: Terminal and parking expansion : A new three-storey parkade, costing R250 million, will add 1 000 bays, addressing long-standing complaints about parking costs and boosting the total to 4 000 bays. : A new three-storey parkade, costing R250 million, will add 1 000 bays, addressing long-standing complaints about parking costs and boosting the total to 4 000 bays. Fuel farm upgrade : The airport will also increase fuel storage from 1 000 to 6 000 cubic metres to prevent future supply issues. : The airport will also increase fuel storage from 1 000 to 6 000 cubic metres to prevent future supply issues. Technical relocation and runway plans : The existing fuel farm and technical areas will be relocated, and a second runway – costing between R1 billion and R2 billion – is under serious consideration. : The existing fuel farm and technical areas will be relocated, and a second runway – costing between R1 billion and R2 billion – is under serious consideration. Taxiway rehabilitation : Alpha Taxiway, which is over 20 years old, will undergo a major overhaul beginning in early 2026 to enhance efficiency and maintain safety standards. : Alpha Taxiway, which is over 20 years old, will undergo a major overhaul beginning in early 2026 to enhance efficiency and maintain safety standards. Cargo precinct : A ten-year project will also launch in late 2025 to create a full-scale cargo logistics hub, positioning the South African airport as a central player in regional freight transport. : A ten-year project will also launch in late 2025 to create a full-scale cargo logistics hub, positioning the South African airport as a central player in regional freight transport. Land development : With 90 hectares of available land, the airport has signed a lease with Bionic Aviation for a state-of-the-art hangar and office complex. : With 90 hectares of available land, the airport has signed a lease with Bionic Aviation for a state-of-the-art hangar and office complex. Hangar upgrades: A five-year modernisation programme is underway, with six hangars already revamped and more planned, including digitised systems and enhanced access control. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.