Soaring memory chip prices driven by massive AI demand risk stoking “chipflation”, Morgan Stanley analysts have cautioned, as makers of devices from smartphones to PCs are forced to choose between raising prices and settling for thinner margins. The brokerage said on Tuesday that memory chip prices have spiked sixfold in the past year, as manufacturers…
World Cup cohosts United States have warned the Democratic Republic of the Congo team to isolate due to Ebola fears. Published On 23 May 202623 May 2026 The Democratic Republic of the Congo (DRC) have no plans to change their preparations for the 2026 World Cup, despite a warning from the United States that the…
Joint naval patrols are stretched thin by the Middle East crisis, but their ability to eradicate piracy was always limited. Piracy has re-emerged off Somalia’s coast. Numerous dhows and larger merchant vessels were targeted in April and May, with some ships and their crews held for ransom. In response, the Joint Maritime Information Center raised…
An aerial photograph shows the Greek-flagged crude oil tanker “Asahi Princess” off the coast of the Syrian Baniyas port refinery, along the Mediterranean Sea on on April 15, 2026. Bakr Alkasem | Afp | Getty Images Ahead of a meeting of finance ministers from the Group of Seven developed economies in Paris on Monday, a…
Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at iFood, its Brazilian food delivery crown jewel, to fight off an aggressive competitive offensive in its single most important operating market. In a letter…
South Africa’s ability to compete in the global digital economy is slipping, with key metrics on infrastructure, broadband access and the country’s skills profile lagging as peer economies make faster headway. These are among the findings of the South Africa’s Digital Infrastructure Investment Study (Sadis) 2025 report (PDF) released by the Development Bank of Southern…
On 27 March US President Donald Trump announced he was pausing attacks on energy plants for 10 days for Iran to “make a deal”, and on Saturday he reiterated his threat on Truth Social that “all Hell will reign down on them” if they failed to do this, or to reopen the Strait of Hormuz,…
Washington, DC — Representatives Gregory W. Meeks, Ranking Member of the House Foreign Affairs Committee, and Sara Jacobs, Ranking Member of the Africa Subcommittee, joined by other Africa Subcommittee Democrats, today sent a letter to Secretary Rubio in response to public reporting that the State Department plans to end lifesaving assistance to seven African nations…
Less than a week after Valve admitted that soaring RAM prices and global supply constraints were disrupting its hardware roadmap, the Steam Deck has officially sold out across the board. While the handheld has fluctuated in availability before, the timing of this total stockout has raised concerns that the ongoing memory crisis is directly impacting…
Pick n Pay has issued a stark warning to investors, revealing that its headline loss per share for the 2026 financial year is expected to widen by more than 20% compared to the previous year. The announcement sent the retailer’s share price into a tailspin, dropping 9% in early Johannesburg trading. Read: iPhone 17e to…
