The author, Altron FinTech MD John Gellatly South African households have now improved their financial position for nine consecutive quarters. That sounds like good news, and in part it is. But look beneath the headline number and the recovery is thinner than it appears, and more exposed to the decisions being made right now about…
Economists divided on Fed rate hike as inflation creates uncertainty in run-up to US midterm elections in a tense market. United States consumer prices jumped in September in the final inflation report before the midterm elections, increasing chances of an interest rate hike later this month. Annual inflation accelerated to 3.7 percent, up from 3.4…
WASHINGTON — The Supreme Court on Friday handed a win to Republicans by ensuring that party committees paying for TV advertisements in the upcoming midterm elections can take advantage of the same discounts that candidates get. The justices blocked a ruling by the Richmond, Va.-based 4th U.S. Circuit Court of Appeals that had invalidated a…
U.S. Secretary of Commerce Howard Lutnick, U.S. Secretary of Health and Human Services Robert F. Kennedy Jr., and U.S. Center for Medicare & Medicaid Services (CMS) Administrator Dr. Mehmet Oz stand behind U.S. President Donald Trump, as he delivers remarks on his administration’s healthcare policies, in the Oval Office at the White House in Washington,…
Advocate Pansy Tlakula, chairperson of the Information Regulator. (Photograph by Strike A Pose Studio) The Information Regulator (InfoReg) has, to date, received over 8 000 security compromise (data breach)incident reports, with 1 220 reported from April. This, as South Africa continues to experience an increasingly hostile cyber security environment, with data breaches and cyber attacks…
OpenAI on Monday announced that its advertising business has hit $1 billion in annualized revenue run rate, a milestone that the company is touting as proof of its “diversified business model.” The artificial intelligence company is gearing up for what is expected to be a massive initial public offering, and is under pressure to justify…
President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House in Washington, Aug. 19, 2026. Jim Watson | AFP | Getty Images President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn’t cutting interest rates, insisting that solid economic data shouldn’t stop the central…
AI could add as much as two percentage points to South Africa’s annual economic growth rate, on top of whatever the economy would otherwise manage, according to Efficient Group chief economist Dawie Roodt – an estimate that towers over what either the World Bank or PwC have put on the table. “AI can easily add…
Global childhood immunization programmes continued to recover in 2025, but conflict, poverty and growing vaccine hesitancy are still leaving millions vulnerable to preventable diseases, according to new UN data released on Wednesday. The annual WHO-UNICEF Estimates of National Immunization Coverage reveal 90 per cent of infants worldwide received at least one dose of the diphtheria,…
“Even if the situation remains unclear, should it be judged that upside risks to prices outweigh downside risks to economic activity, it will be necessary to thoroughly discuss the pros and cons of raising the policy interest rate,” Ueda earlier this month.
