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Singapore’s Grab bets on AI, new services to triple profit by 2028

Southeast Asia’s top ride-hailing and delivery firm, Grab is betting on artificial intelligence and expansion of new services such as online groceries and financial products to triple profit by 2028, the company’s president told Reuters

Puma to remain loss-making this year, cancels dividend in turnaround drive

German sportswear maker, Puma on Thursday said it still expected to report a loss this year, after reporting a narrower-than-expected loss in 2025. It also cancelled its dividend for 2025

SA’s economy showing signs of improvement

South Africa’s economy is showing continued signs of improvement

Rand steady as investors digest budget, await producer inflation

SA Finance Minister flags serious governance concerns

Warning about the state of SA’s governance architecture

‘Rare earth shortages worsen in US aerospace, chips despite trade truce’

Suppliers to United States (US) aerospace and semiconductor firms face worsening rare earth shortages, with two turning away some clients, industry insiders said, weeks before US President Donald Trump is expected to meet his Chinese counterpart Xi Jinping for a summit in Beijing

Africa Update

FINANCE

FINANCE

Singapore’s Grab bets on AI, new services to triple profit by 2028

Puma to remain loss-making this year, cancels dividend in turnaround drive

SA’s economy showing signs of improvement

Rand steady as investors digest budget, await producer inflation

SA Finance Minister flags serious governance concerns

‘Rare earth shortages worsen in US aerospace, chips despite trade truce’

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