top of page

Phone Number

010 826 1580

Email Address 

admin@maanocapital.co.za

Physical Address

33 Ballyclare Drive, Bryanston, 2191, Johannesburg
16 St George's Mall, Foreshore, 8001, Cape Town
179 Vhuawelo Street, Sibasa, 0970, Thohoyandou

Maano Capital Pty Ltd, 2013/181382/07 is an authorized financial services provider (FSP 55112) in terms of section 8 of the Financial Advisory and Intermediary Act 37 of 2002. Maano Capital is authorized to provide advice and intermediary services in the following categories: money market instruments, derivative instruments, long and short term deposits, structured deposits, participatory interests in CIS, shares, bonds, debentures and securitized debt, forex investments and short-term commercial insurance. Maano Capital is a registered credit provider NCRCP22459.

Finance News Update | 25 May 2026

  • Writer: Phophi K
    Phophi K
  • May 25
  • 2 min read

General Headlines


Treasury to recover municipal debt from provincial and national departments

National Treasury has announced plans to begin deducting funds directly from national and provincial government departments to settle outstanding municipal debt. Finance Minister Enoch Gondongwana, speaking during his Budget Vote address, revealed that provincial departments currently owe municipalities approximately R14.9 billion, while national departments account for a further R8.2 billion in unpaid obligations. The move is aimed at addressing mounting financial pressures facing municipalities and improving payment discipline across government institutions. Engineering News


Serious concerns emerge for medical aid members in South Africa

South Africa’s private healthcare sector is facing growing sustainability concerns as younger consumers increasingly withdraw from medical aid schemes due to affordability challenges. The decline in younger membership is placing additional financial strain on remaining contributors and weakening the risk-pooling model on which medical schemes depend. Industry experts note that younger, healthier members play a critical role in offsetting the higher healthcare costs of older members, but persistently high youth unemployment is steadily eroding this support base. BusinessTech


South Africa advocates for 15-year Agoa extension amid US review

The South African government has mounted a strong defence of its continued eligibility for the African Growth & Opportunity Act (Agoa), despite scrutiny linked to its upper-middle-income status. Pretoria is advocating for a 15-year extension of the duty-free trade agreement, arguing that a longer-term framework would create benefits for both US stakeholders and investors. In its submission to the Office of the US Trade Representative regarding the modernisation of Agoa, the Department of Trade, Industry and Competition emphasised the value of sustained trade certainty and investment continuity. Business Day


Markets & Investments


Stock Highlight

Pick n Pay shares surged 13.5% on Friday after the retailer delivered a stronger than expected earnings outlook for the financial year ended March. The market reaction followed the company’s trading statement released on Thursday, which reversed an earlier warning that losses were likely to deepen. The improved guidance boosted investor confidence and surprised analysts, signalling a more optimistic near-term outlook for the retail group. Business Day


Property & Real Assets


South Africa’s semigration narrative challenged

Although the Western Cape is widely regarded as South Africa’s leading semigration destination, new trends indicate that Gauteng continues to attract significant inflows of young professionals and aspiring homeowners from across the country. According to Statistics South Africa data, Gauteng’s population expanded from 9.9 million in 2002 to 16.1 million in 2025.


Further supporting this trend, Johannesburg recorded the strongest year-on-year increase in first-time homebuyer purchase prices nationally, rising by 21.8% to an average of R1.38 million between January and April 2026. In addition to improved financing access, relatively stable interest rates and broader market dynamics are contributing to renewed momentum in Gauteng’s residential property market. BusinessTech

 
 
bottom of page