Restructuring forms Telkom’s broader turnaround strategy to create a more agile business. JSE-listed telecommunications firm Telkom has revealed it incurred R160 million in restructuring costs during the past financial year, as part of its efforts to streamline operations and improve long-term efficiency. This figure was disclosed in Telkom’s integrated report for the year ended 31…
The government has revealed details of its plans to cut foreign aid, with support for children’s education and women’s health in Africa facing the biggest reductions. The government said in February it would slash foreign aid spending by 40% – from 0.5% of gross national income to 0.3% – to increase defence spending to 2.5%…
Democratic National Committee Chair Ken Martin will travel to Houston today to meet with Texas Democrats to discuss how to best fight back against Republican efforts to redraw the state’s congressional maps, a DNC source familiar with the planning told NBC News. Martin is slated to meet with Texas state House Democratic Minority Leader Gene…
Pakistan, Somalia and Haiti are among 11 countries that have signed lobbying deals with Trump-linked figures, with many bartering key resources including minerals in exchange for humanitarian or military support Some of the world’s lowest-income and most aid-dependent nations are paying millions to lobbyists with ties to US President Donald Trump as the country halts…
WASHINGTON — The Social Security Administration has sent a misleading email to beneficiaries stating that President Donald Trump’s sweeping tax cuts and spending law eliminates taxes on Social Security benefits for most recipients. “The bill ensures that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits, providing meaningful…
More than 14 million of the world’s most vulnerable people, with a third of them bieng small children, could die by 2030 because of Trump administration’s dismantling of US foreign aid, research projected yesterday. The study in the prestigious Lancet journal was published as world and business leaders gather for a United Nations conference in…
Cox’s Bazar, Bangladesh – The sound of children at play echoes through the verdant lanes of one of the dozens of refugee camps on the outskirts of Cox’s Bazar, a densely populated coastal town in southeast Bangladesh. Just for a moment, the sounds manage to soften the harsh living conditions faced by the more than one…
Scidev.Net — As Africa reckons with shrinking foreign research support and looming health threats, scientists across the continent are pushing for a more self-reliant future. Long dependent on external funding and expertise, African institutions are now building infrastructure, training local talent, and taking control of critical research operations, from genomic sequencing to diagnostics manufacturing. One…
MultiChoice Group reported a net profit of R1.8 billion (over US$100 million) for the fiscal year ending 31 March 2025 The drop represents an 8% decline, with losses evenly split between South Africa and the rest of the continent In South Africa, households facing a cost-of-living crisis were forced to cancel DStv subscriptions, impacting all…
– In the wake of the deepest funding cuts ever to hit the international humanitarian sector, the top United Nations aid official today presented the global “hyper-prioritized” appeal aiming to help 114 million people facing life-threatening needs across the world. The plan seeks US$29 billion in funding. It further prioritizes, but does not replace, the…
