Jeremy Maggs on 18/05/2026

Youth unemployment deepens SA’s medical aid crisis

‘Young people are not joining the medical aid scheme and the ones who are in the medical aid scheme are dropping out. This results in a spiral effect in which the contributions or the premiums become more expensive’ – Luyanda Njilo of Nedbank CIB.

J Jeremy Maggs
Golnar Motevalli, Bloomberg on 18/05/2026

Iran starts bitcoin-backed shipping insurance for Hormuz Strait

Dubbed Hormuz Safe, the Iranian government says it could generate more than $10 billion in revenue for the Islamic Republic, Fars reported, without giving a time frame or a breakdown of how the service would work.

G Golnar Motevalli, Bloomberg
Jeremy Maggs on 18/05/2026

SA tightens grip on borehole use

Funding uncertainty threatens Cape Town’s MyCiTi success story. Why younger South Africans are leaving medical aid. And how stress is fuelling a surge in addictive behaviours among SA workers.

J Jeremy Maggs