South Africa faces a housing backlog of at least 2.6 million units, for more than 12 million people. The state supply of new, subsidised housing has declined over the past decade and the government’s housing policy is shifting. It sees the private sector as becoming the main provider of “affordable housing”. The market, according to…
Voters in Switzerland have cast their final ballots on Sunday on an initiative championed by the top right-wing party to cap the rich Alpine country’s population at 10 million. Early results showed Swiss voters were leaning against it. The populist Swiss People’s Party, which has the most seats in parliament, has stirred up and fostered…
Dubbing it a “chaos initiative”, the government, other political parties, business leaders and trade unions argue it will deprive hospitals and hotels of much needed staff, and damage hard-won relations with the European Union, leaving non-EU member Switzerland isolated in a very risky world.
Within the next 12 months, Telkom must manage R4.3 billion in short-term borrowings. (Photograph: Telkom) Telkom is set to wipe 30% off its short-term interest-bearing debt on Wednesday by fully settling a R623 million maturing corporate bond, cutting that portion of its debt to R1.4 billion. The payment retires the TL31 bond, effectively an institutional…
TVSM HLX 5 Million Celebration – Director & CEO KNR and President of IB Peyman Kargar TVS Motor Company (TVSM), part of TVS VENU, is a global leader in the two and three-wheeler segments, today announced that its globally trusted commuter motorcycle brand, TVS HLX series, has crossed the significant milestone of five million sales…
Unsafe food causes an estimated 866 million illnesses and 1.5 million deaths every year worldwide, highlighting the often-overlooked toll of contaminated food on health, development and fragile economies, according to new data from the UN health agency. The new insights released on Wednesday ahead of next week’s World Food Safety Day, show that children under…
Children aged less than five years face almost three times the risk of illness from unsafe food than older children and adults, according to new estimates released today by the World Health Organization (WHO). Despite being just 9% of the global population, young children suffer from nearly one third of all cases of foodborne diseases,…
The indicative commitment follows the strong performance of RSSB-anchored Virunga Africa Fund I The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is considering a major investment in Virunga Africa Fund II, a new $500 million growth equity fund managed by Kigali-headquartered Admaius Capital Partners. According to project information disclosed…
A cryptocurrency investor who was locked out of his Bitcoin wallet for over a decade has successfully used Anthropic’s Claude AI to crack his own encryption, reclaiming access to a fortune worth R6.55 million ($399,404). Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: AI trends shifting! The user, posting under the handle @cprkrn on X,…
A federal appeals court ruled this week that President Donald Trump doesn’t need to pay an $83 million defamation award to writer E. Jean Carroll until the Supreme Court either reviews the case or decides to pass on it. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The…
