SK Hynix: South Korean chip giant raises $26.5bn in US share sale
Demand for SK Hynix’s offering was reportedly over seven times more than the number of shares available, highlighting the strong investor appetite for a key company in the AI supply chain. Each American depositary share is equivalent to a tenth of a Seoul-traded common share, SK Hynix said. The offering gives US investors a way…
China nets a falling rocket in reusability race with SpaceX
China on Friday successfully tested an experimental rocket retrieval system using a net attached to a sea platform, state media reported, in the hope of breaking US dominance in reusable rockets. The Long March 10B rocket lifted off from the Hainan commercial space launch site in southern China at 6.15am SAST and, about six minutes…
Tehran seeks regional support as mediators push to keep talks going after intense flare-up
The U.S. Navy continues to encourage commercial ships to use the so-called southern route through the Strait of Hormuz, despite attacks by Iran this week targeting vessels trying to use that route and repeated warnings from Tehran for ships to only use a northern passage close to its coast. An advisory released Friday by the…
City Power halts meter rollout over free electricity loophole
City Power says people are stealing electricity by bypassing smart meters. (Picture: Moritz R | Unsplash) Joburg’s power utility, City Power, has paused converting postpaid to prepaid meters as it admits to billing issues, stating it needs to audit its customer database to identify customers who are getting free power. In a statement issued by…
First Palestinian legislative elections in 20 years announced | Palestinian Authority
Palestinian President Mahmoud Abbas has announced that legislative elections will be held in late November, the first in 20 years. As Al Jazeera’s Nour Odeh reports, the Palestinian Authority has been under international pressure to demonstrate its legitimacy. Published On 10 Jul 202610 Jul 2026 Click here to share on social media share-nodes Share googleAdd…
South Africans warm to AI doing their shopping: DHL
More than half of online shoppers in sub-Saharan Africa – 56%, the highest share of any region in the world – say they are likely to let AI make shopping decisions or even purchases on their behalf within the next five years, according to the DHL E-Commerce Trends Report 2026, whose South Africa-specific findings were…
Africa: Ghana’s Reparations Moment Is the New Face of Pan-African Liberation
In Accra this June, the reparations debate moved from remembrance towards political architecture. Over three days, Ghana hosted the High-Level Consultative Conference on the “Next Steps” to the landmark United Nations resolution on the trafficking of enslaved Africans. The venues told their own story: technical deliberations at the Ministry of Foreign Affairs, a high-level session…
Africa: Racial Stereotypes of African Footballers Persist. a World Cup Is a Good Time to Talk About Them
With a Somali referee being denied entry into the US, and the surge of online racist abuse after 2026 World Cup matches, racism and exclusion in football are once again in the news. Overt anti-Black racism in football is well reported and researched. Less visible but important structural issues remain little scrutinised, though. The 2026…
Meta breached laws with ‘addictive’ Instagram, Facebook designs, EU says
A worker stands inside the Meta Lab in Los Angeles, California, U.S., May 20, 2026. Daniel Cole | Reuters Instagram and Facebook’s “addictive” designs have put Meta in breach of the European Union’s digital laws, the EU concluded Friday in a preliminary report. The tech giant violated the EU’s Digital Services Act by failing to…
iCE3X founder disputes R30m missing crypto claim
The original discrepancies in Bitcoin and Litecoin balances were identified in early 2021. The founder of iCE3X, one of South Africa’s oldest crypto-currency exchanges, has challenged claims by the company’s liquidators that more than R30 million in crypto assets remain unaccounted for. Gareth Grobler, the former sole director and shareholder of iCE3X, says he has…
