Nesan Nair, Senior Portfolio Manager At Sasfin Wealth

Loading player...
[SOURCE,DAILY MAVERICK] To settle a long-standing dispute over salary increases that will push SA towards a fiscal cliff, the government has proposed a settlement offer to 1.2 million public servants that include once-off cash bonuses.
The Minister of Public Service and Administration Senzo Mchunu, who oversees public sector employment, met trade unions representing public servants on Monday 29 November via a virtual meeting, where the settlement offer was tabled.
3 Dec 2020 1PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min