Economy
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Economy
Netflix to stop reporting subscriber tally as streaming wars cool
Date:Apr 19, 2024
Netflix has unexpectedly announced that it will stop reporting subscriber numbers each quarter, a decision seen as a sign that years of customer gains in the streaming wars are coming to an end.
SA owned e-hailing App Shesha launches
Date:Apr 18, 2024
A South African owned e-hailing App, Shesha has been launched in Sandton, Johannesburg.
Google terminates 28 employees for protest of Israeli cloud contract
Date:Apr 18, 2024
Google said on Thursday it had terminated 28 employees after some staff participated in protests against the company's cloud contract with the Israeli government.
Lesotho diamond sector, a gem of opportunity amid challenges
Date:Apr 18, 2024
As the anticipated Lesotho Mining Indaba approaches, industry leaders prepare to delve into the multifaceted diamond mining sector, addressing both its potential and its obstacles.
Employment initiatives not an election ploy: SA Labour Minister
Date:Apr 18, 2024
South Africa's Minister of Employment and Labour, Thulas Nxesi, has again defended his department’s employment initiatives denying that it is an election ploy.
Nestle undertakes efforts to minimize sugar content throughout its product range
Date:Apr 19, 2024
Food company, Nestle, says it has undertaken significant efforts to minimize sugar content throughout its product range,including the phased removal of added sugars such as sucrose and glucose syrup from their milk for children above 12 months world.
SA sees decline in civic debt summonses
Date:Apr 18, 2024
Recent data from Statistics South Africa indicates a significant decrease in the issuance of civic summonses for debt, with a 14.5% decline observed over the three months ending in February.
SA contingency reserves won't be spent on Eskom, Transnet: Finance Minister
Date:Apr 18, 2024
South Africa will use future drawdowns of its Gold and Foreign Exchange Contingency Reserve Account to curb its debt burden, Finance Minister Enoch Godongwana said.
Nigeria secures Shell gas supply for $3.8bn brass methanol project
Date:Apr 18, 2024
Nigeria has finalised an agreement with Shell for the provision of gas to the anticipated $3.8 billion Brass methanol plant, marking a pivotal step towards the project's final investment decision.
Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy
Date:Apr 18, 2024
WeWork Inc Founder Adam Neumann has made a fresh push to buy back the firm even as it seeks, hundreds of millions of dollars to emerge from bankruptcy and avoid a sale, FT reported on Thursday.
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