SpaceX on Thursday set its final IPO price at $135, the last stage in a long running process to bring Elon Musk’s space and AI conglomerate public. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The company, which also owns the X social media network, will begin trading…
Consumer inflation in the United States increased at the fastest pace in three years as surging oil prices amid tensions with Iran weigh on global energy markets before the US Federal Reserve’s policy meeting next week. Inflation rose by 0.5 percent in May compared with the prior month, following a 0.6 percent jump in April,…
South Africa’s motoring sector is hitting an inflection point. While full electric vehicles dominate headlines, alternative powertrain technologies are doing the heavy lifting when it comes to shifting consumer behaviour on local roads. Driven by an unprecedented wave of new model arrivals and a diversifying price landscape, new energy vehicles are capturing a steadily growing…
South African small businesses continue to face pressure from persistently high and volatile fuel costs, with fluctuations at the pumps adding ongoing strain to already tight operating margins. Even with the temporary fuel price increase relief measures extended until the end of June 2026, this environment represents sustained financial pressure that extends far beyond fuel itself….
In its latest earnings report, Nintendo announced a price hike for the Switch 2, raising the U.S. retail price by $50 to a new total of $500. The company cited increased memory costs and new U.S. tariff measures as the primary drivers behind the adjustment. While this increase is notably more modest than the $150…
Macky Sall and the UN: investigating the shadowy Holding Price Limited poll (Editor’s note: This is an English-language translation of a report that first appeared in our French-language edition on 19 April 2026. It has been lightly edited for brevity. Read the original here.) Macky Sall, former president of Senegal (2012-2024), is among the candidates…
An investigation by Global Witness has revealed that waste from a manganese mine in Ghana supplying a material critical to the latest EV technology is creating a toxic environment for local people, with its operators aware but doing little to stop it Meetings with more than 150 people living close to the giant manganese mine…
SK Hynix said on Wednesday that it plans to invest the equivalent of US$12.85-billion (R212-billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand for AI memory, with construction starting this month. The Nvidia supplier, one of the world’s largest memory chip makers, has been expanding production capacity…
Climate change is reshaping what childhood looks like. We’re seeing it across Eastern and Southern Africa, with children paying the highest price for a climate crisis they did not create. In Kenya, floods are pushing girls out of school. In Somalia, repeated shocks have displaced millions of children. In Mozambique, cyclones have destroyed thousands of…
Cassava Technologies and Liquid Intelligent Technologies CEO Hardy Pemhiwa Liquid Intelligent Technologies has completed a US$660-million (R10.8-billion) refinancing that neutralises the near-term default risk that was hanging over the pan-African fibre operator – but at a sharply higher cost of capital than it was paying before. The centrepiece of the deal is a US$300-million senior…
