Reserve Bank breaks its run of calm and hikes rates

Reserve Bank breaks its run of calm and hikes rates

The South African Reserve Bank has raised its benchmark repo rate by 25 basis points to 7%, breaking a run of stability as a deepening Middle East crisis drives oil prices higher and reignites inflation. The increase, effective 29 May, was backed by four members of the monetary policy committee, with two favouring no change,…

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UK ex-health minister says will run to replace Prime Minister Keir Starmer | Politics News

UK ex-health minister says will run to replace Prime Minister Keir Starmer | Politics News

Pressure mounts on Starmer’s government, as Labour rivals including recently resigned Wes Streeting circle. Published On 16 May 202616 May 2026 Wes Streeting, the former British health secretary who resigned from the government this week, says he will run to replace Prime Minister Keir Starmer when the contest is triggered. Starmer’s government has been on…

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Usaasa’s 30-year run nears its end

Usaasa’s 30-year run nears its end

Communications minister Solly Malatsi. Image c/o DCDT The department of communications & digital technologies has confirmed that the Universal Service & Access Agency of South Africa (Usaasa) will be “disestablished”, bringing to an end nearly three decades of involvement by the troubled state entity in the country’s universal access efforts. The confirmation is contained in…

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DeepSeek V4 to run on Huawei silicon as China builds its own AI stack

DeepSeek V4 to run on Huawei silicon as China builds its own AI stack

China’s DeepSeek’s new model, called V4, will run on the latest chips designed by Huawei Technologies, The Information reported on Friday (paywall). In preparation for V4’s launch, Chinese tech giants, including Alibaba Group, ByteDance and Tencent Holdings, have placed bulk orders for Huawei’s upcoming chip totalling hundreds of thousands of units, the report said, citing…

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U.S. and Iran vow to step up strikes in expanding war as Gulf states run low on interceptors

U.S. and Iran vow to step up strikes in expanding war as Gulf states run low on interceptors

  10m ago U.K. leader Starmer says “special relationship in operation” after Trump criticism British Prime Minister Keir Starmer told reporters in London on Thursday that the storied “special relationship” forged between the U.K. and the U.S. during World War II was still intact, despite sharp criticism leveled by President Trump earlier this week. “We’re…

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