US to cut troop levels in Germany by 5,000 amid Trump spat with Merz
The decision to reduce the US deployment to Germany comes amid a row between the two allies over Iran.
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Hospitality sector embraces Google Workspace and Gemini to cut admin
South African hotels are moving to Google Workspace to reduce overheads, improve internal communications and reduce admin time so staff can focus on improving customer experience. This is according to Wilhelm Dubber, director of Rand Data Systems, an IT infrastructure specialist focusing on the hospitality industry. Rand Data Systems, which has served as a trusted…
GoPro to cut 23% of workforce amid strategic pivot to AI hardware
GoPro has announced a significant restructuring plan that will see the company reduce its global workforce by 23% by the end of 2026. The move comes as the action-camera pioneer seeks to stabilize its finances and reclaim market share in an increasingly crowded hardware landscape. Read: ShopriteX debuts Pixie, an AI assistant for Sixty60 According…
Bookmakers want banks to cut off offshore online gambling sites
Licensed South African bookmakers have called on banks and payment providers to block transactions to “illegal” offshore gambling platforms, which they claim now account for nearly two-thirds of all online betting activity in the country. The South African Bookmakers Association (Saba) has said in a new report it commissioned from global gaming research firm YieldSec…
War kills rate cut hopes as Reserve Bank warns of inflation spike
Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel war against Iran would push up inflation. Economists polled by Reuters had expected no change in the repo rate, as the Middle East conflict…
Africa Cannot Stop Middle East Wars — But It Can Cut Its Fuel Bill
As tensions escalate again across the Middle East, global oil markets are entering another period of uncertainty. Even the threat of disruptions to tanker routes or energy infrastructure in the region can send crude prices sharply higher. Much of the world’s oil still moves through the strategic maritime chokepoint of the Strait of Hormuz. Any…
Cut EV taxes now, industry implores Godongwana ahead of budget
Finance minister Enoch Godongwana Finance minister Enoch Godongwana has been urged to reduce taxes on electric cars in Wednesday’s budget speech and to deliver the policy clarity the sector has waited two years for. The taxes make electric cars more expensive than petrol vehicles, while a lack of policy around new energy vehicles is slowing…
16,000 jobs to be cut in latest anti-bureaucracy push
Amazon said Wednesday it plans to eliminate about 16,000 corporate jobs, marking its second round of mass job cuts since last October. In a blog post, the company wrote that the layoffs were part of an ongoing effort to “strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy.” That coincides with a push…
Canada agrees to cut tariff on Chinese electric vehicles in break with the U.S.
Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday. Carney made the announcement after two days of meetings with Chinese leaders. He said there would be an initial annual cap of 49,000…
Iran appears to cut internet connectivity in capital as deadly protests reach a possible tipping point
Iranian authorities appeared to be cutting off internet access Thursday in the capital and some other regions of the country as mass protests and chanting against the government continue. Two sources in Tehran told CBS News the internet was down in the capital. The NetBlocks monitoring organization said Thursday, at about 8 p.m. local time, that its…