International

2 hours ago | January 30, 2023

Why Ramaphosa should study Indonesia’s success model

 Bloomberg The South African Institution of Civil Engineering (SAICE) highlighted these challenges in its 2022 state of ...

US GDP expands at healthy 2.9% pace while slowdown signs mount

 Bloomberg The US economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand ...

3 days ago | January 27, 2023

Musk pushes to pay off US$3bn Twitter debt

Elon Musk is looking to line up as much as US$3 billion to pay off part of the US$13 billion loan package he used to ...

Tesla price cuts boost sales

Tesla is gearing up for a challenging 2023, after cutting prices to spur demand. The electric car company, led by ...

Oil advances on outlook for Chinese demand, weaker dollar

Oil edged higher as investors bet on stronger Chinese demand and as a weaker dollar made commodities more attractive for ...

Yellen welcomes SA’s energy transition

US Treasury Secretary Janet Yellen yesterday lauded South Africa’s “bold” participation in the so-called Just Energy ...

Power crisis threatens SA’s platinum supplies

South Africa’s worst ever power blackouts are threatening platinum and palladium supplies in the top miner, both now and ...

Microsoft probes Teams, Outlook outage

Microsoft Corp said on Wednesday it was investigating a networking issue that impacted multiple services including Teams ...

UK business confidence drops to lowest since financial crisis

Business confidence in Britain has sunk to its lowest level since the global financial crisis, according to a survey of ...

4 days ago | January 26, 2023

What the investment experts expect from 2023

Schalk Louw And so, 2023 has arrived, leaving behind a very difficult 2022. According to the Chinese Zodiac signs, this ...

6 days ago | January 24, 2023

Russian oil price cap could save African countries billions, says ...

Reuters Russia’s war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting ...

1 week ago | January 20, 2023

Microsoft to cut engineering jobs

Microsoft plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the ...

Gen Z driving luxury sales

Luxury shoppers are getting wealthier and younger, with purchases by some of the newest consumers expected to grow three ...

Yen traders brace for wildest day since financial crisis

The Bank of Japan’s policy decision due Wednesday is shaping up to be the biggest risk for the dollar-yen pair since the ...

UN chief slams energy giants for ignoring climate science

UN Secretary-General Antonio Guterres on Wednesday condemned fossil fuel giants for ignoring their own climate science, ...

Millionaires urge Davos elite to up taxes on the ultra-rich

Over 200 millionaires are urging the elite echelons in attendance at this week’s World Economic Forum in Davos to ...

Idris Elba calls for investment to help world’s poor

DAVOS, Switzerland. — Actor Idris Elba and his wife Sabrina Dhowre Elba called on Monday for business and political ...

Amazon job cuts to affect 18 000 people

Amazon.com Inc, grappling with slowing online sales growth and bracing for a possible recession, is poised to kick off a ...

What’s the global energy outlook for 2023?

The world is in the midst of the first “truly global energy crisis”, the International Energy Agency (IEA) said in its ...

Wall Street stuggles to contain cost as pay pressure escalates

Even after eliminating staff, cutting bonuses and tapping an army of robots to replace legions of workers, Wall Street ...