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NEWS

Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

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

Oil edges up as US-Iran tensions keep supply risks in focus

Oil prices inched up on Thursday as investors gauged whether United States (US)-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in US crude inventories

Social media addiction trial takes new turn with therapist’s testimony

The former psychotherapist of a California woman suing Meta’s Instagram and Alphabet’s YouTube, claiming a childhood addiction to the platforms damaged her mental health, testified on Tuesday that adolescent social media usage was a contributing factor

‘Toyota plans around $19 bln share sale by financial institutions’

Toyota plans a large-scale unwinding of strategic shareholdings that would involve banks and insurance firms selling around $19 billion of its shares, two sources said, in what would mark a watershed moment in Japan’s corporate governance reform

IMF completes Egypt reviews, unlocking about $2.3 billion

Egypt agreed to a $3 billion loan with the IMF in December 2022.