![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/08\/Economist-Azar-Jammine.jpg\")
<\/a>BEE feeding trough: <\/strong>Econometrix chief economist Dr Azar Jammine says parts of South Africa\u2019s BEE policy have been used to facilitate cronyism and corruption, with state procurement being the main feeding ground. Almost every government contract or tender requires middlemen to fulfil, making a small group of individuals and entities extremely wealthy. [Daily Investor<\/a>]<\/p>\n\n\n\n Payday at the RAF:<\/strong> The Road Accident Fund, which has been technically insolvent for some time, paid its top management team R37 million in the 2025 financial year. The entity\u2019s personnel expenditure over the last financial year was R2.468 billion, constituting 62% of total expenditure. This cost included basic salaries of R1.786 billion, which equates to an average basic salary of R742,000 per employee. [Newsday<\/a>]<\/p>\n\n\n\n DStv pay cut:<\/strong> Former MultiChoice CEO Calvo Mawela took a R14.6 million pay cut between 2024 and 2025 as the DStv owner began struggling financially amid a number of market pressures. Mawela\u2019s pay was slashed as the group revealed wide-ranging challenges, including a drop in its total subscriber base. [MyBroadband<\/a>]<\/p>\n\n\n\n Big franchises in the crosshairs: <\/strong>The Competition Commission is preparing to investigate the country\u2019s franchise industry, which could place the business practices of some of South Africa\u2019s biggest brands under intense scrutiny. Companies in the crosshairs include major names such as Chicken Licken, KFC, Pick n Pay, Spar, Midas, Sorbet, Italtile Retail and CTM. [BusinessTech<\/a>]<\/p>\n\n\n\n Factory takeover:<\/strong> China’s Chery formally took over Nissan’s car manufacturing plant in Rosslyn on Friday under a deal that was announced in January, and executives said the company will spend millions of dollars upgrading and adding machinery ahead of starting vehicle production in South Africa in mid-2027. Chery has committed to retaining all 692 existing employees at the plant. [Reuters<\/a>]<\/p>\n\n\n\n Here are 5 important things happening in and affecting South Africa on Saturday, 4 July 2026.<\/p>\n","protected":false},"author":10,"featured_media":814281,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20398],"tags":[10479,78,9818],"class_list":["post-865477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-chery","tag-dstv","tag-raf"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/865477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=865477"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/865477\/revisions"}],"predecessor-version":[{"id":865478,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/865477\/revisions\/865478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/814281"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=865477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=865477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=865477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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