Fake gold bars piled up in Clermont-Ferrand France on March 25 2025. Romain Costaseca | Afp | Getty Images Gold prices hit $4,000 for the first time ever Tuesday as investors seek a safe haven from a weaker dollar, geopolitical volatility, economic uncertainty and stubborn inflation. Gold futures were last trading at $4,005.80 per ounce….
Microsoft is rolling out a major restructuring and significant price increases for its Xbox Game Pass subscription service in South Africa, with some plans seeing hikes of up to 109%. The overhaul is part of a global adjustment but brings controversial changes to the local market, including a dramatic reduction in the game library for…
When most entrepreneurs start out, their instinct is to go in cheap in hope to quickly appeal to mass numbers. Their idea is to be “accessible”, win over their friends or ensure they are priced lower than their competitors. Of course it feels safe but in reality, undervaluing your business and its offerings is the…
Eskom CEO Dan Marokane Eskom CEO Dan Marokane has again pledged that the state-owned power utility will hold future electricity tariff hikes to single-digit increases, a major shift in tone from earlier double-digit increases that have rattled consumers and businesses, pressured economic growth, and fuelled inflation. Speaking in an interview with Newzroom Afrika, Marokane said…
The price of the iPhone 17 series in South Africa will be lower than the iPhone 16 line-up was at launch — the second year in a row that Apple’s smartphones have reduced in price year over year. The iPhone 17 series, which was unveiled on Tuesday, is now available for pre-order through iStore, the…
Flagship Asset Management’s Philip Short Blue Label Telecoms’ share price has plunged more than a quarter in the past two days after its annual results, published on Tuesday, appeared to disappoint investors. Philip Short of Flagship Asset Management has been particularly bullish about the prospects for Blue Label, in large part because of the emerging…
Spotify will raise prices as it invests in new features and targets a billion users, the Financial Times reported on Sunday, citing the music streaming provider’s co-president and chief business officer, Alex Norstrom. The increases would be accompanied by planned new services and features, the FT cited Norstrom as saying in an interview. Earlier in…
Standard Chartered has raised its year-end target for ether to US$7 500 from $4 000, citing improvement in industry engagement and uptick in holdings of the cryptocurrency in recent months. The brokerage’s new year-end target represents a premium of near 60% from ether’s more than 3-1/2 year high of $4 700 on Wednesday. The world’s second largest cryptocurrency…
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty…
The chief economist of the Food and Agriculture Organization (FAO), Máximo Torero Cullen, previewed its annual State of Food Security and Nutrition in the World (SOFI) report in a briefing on Tuesday to journalists at UN Headquarters in New York. The report, to be released later this month, reveals how between 2020 and 2024, the…
