Above-inflation price hikes to hit MTN customers

Above-inflation price hikes to hit MTN customers

MTN South Africa will increase prices for its consumer contract customers from February 2026, pushing up monthly bills by an average of a claimed 5.4% as it contends with rising operating and capital spending costs. Consumer price inflation was 3.6% in October, meaning the average of the MTN price hikes is well above the prevailing…

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Uber electric cars hit Joburg streets

Uber electric cars hit Joburg streets

Uber South Africa this week launched its first fleet of electric cars in Johannesburg. By the end of January, it plans to have 350 EVs on the city’s roads. Uber Go Electric allows commuters to pay entry-level prices like those for Uber Go, and for drivers Uber has said the EVs will improve the economics…

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World Bank: Commodity prices to hit six-year low in 2026 as oil glut expands

World Bank: Commodity prices to hit six-year low in 2026 as oil glut expands

Commodity markets are helping to stabilise the global economy. PHOTO/Pexels/Kamaji Ogino. By BUSINESS CORRESPONDENT [email protected] Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group’s latest Commodity Markets Outlook. Prices are forecast to drop by seven…

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Afghanistan hit by powerful 6.3 magnitude earthquake, prompting fears of mass deaths

Afghanistan hit by powerful 6.3 magnitude earthquake, prompting fears of mass deaths

A powerful 6.3-magnitude earthquake struck northern Afghanistan early Monday morning local time, according to the USGS and local authorities, sparking fears of mass casualties and the need for a response.  “Based on initial information, the magnitude of the earthquake was more than 6, and the epicenter was in the Nakhchir district of Samangan province,” the…

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