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Thousands Converge to Honour Slain Marikana Mineworkers: A Decade of Remembering
A large crowd gathered on the historic terrain of Wonderkop in Marikana, North West Province, to commemorate the 11th anniversary of the tragic massacre that killed striking mineworkers. As the sun rose on this solemn occasion, it was clear that the atmosphere had shifted slightly from previous years. There appeared to be a subtle shift
Need to Abandon Reciprocal Agreements for Trade Protection Measures
The landscape of South Africa's tariff instruments, designed to protect domestic industries, is changing, raising questions about their continued relevance. The most recent report on duty investigations has issued a warning about the deterioration and potential obsolescence of these safeguards within the context of the country's trade policy. The role of reciprocal agreements, a stipulation
Kinetiko Energy Achieves Significant Gas Discovery Near Secunda
Kinetiko Energy, a prominent entity listed on the Australian Securities Exchange (ASX), recently announced a significant gas discovery in the vicinity of Secunda, located in Mpumalanga. This remarkable achievement came after a series of meticulously executed drilling expeditions near critical pipelines used by industrial behemoths such as Sasol, Eskom, and other major gas consumers. While
Amazon's Initiative to Train 100,000 Cloud Computing Professionals for Free
Amazon Web Services (AWS), the global e-commerce behemoth's technological arm, is embarking on an ambitious initiative to train 100,000 young South Africans as certified cloud computing professionals for free. At the heart of this initiative is AWS's groundbreaking Skills Centre in Cape Town, which is a pioneering venture outside of the United States. Tanuja Randery,
Sun International: Profits Surge Amid Record Online Betting and Hotel Success
Sun International, a prominent hotel and casino group, expects significant profit growth in the first half of the year, which ends in June. This expansion is attributed to a rebound in tourism as well as impressive earnings from its online sports betting venture, SunBet. External factors, such as the depreciation of the Nigerian naira, have,
Germany Pursues Extradition of Former Steinhoff CEO Markus Jooste
After his appeal was denied, Germany is pursuing the extradition of former Steinhoff CEO Markus Jooste. In Germany, Jooste is charged with two counts of fraud, which carries a maximum sentence of three years in prison. When Jooste failed to appear for the start of his fraud trial, the Oldenburg regional court issued an arrest
Anglo American's Contribution to Education: Donation of Joburg CBD Building
Anglo American, a prominent mining conglomerate, has generously donated one of its buildings in Johannesburg's central business district (CBD) to the Maharishi Invincibility Institute, a non-profit education organisation, in a remarkable gesture towards improving educational opportunities. The institute will receive the expansive 45 Main Street building, which spans over 40,000 square metres, as part of
Absa Faces Challenges as Credit Card Debt Surges: Profits Under Pressure
Absa, a prominent South African banking group, recently released its half-year financial report ending in June. According to the report, the bank's profit growth has been modest due to a significant 60% increase in credit impairments. This increase in credit impairments has been attributed to South Africans' difficulties in dealing with high interest and inflation
SIU's Pursuit of Clarity: Appeal to Define State Institution in Telkom Case
The Special Investigating Unit (SIU) is attempting to overturn a recent court decision that hampered its investigation into Telkom. This action is in response to a ruling issued last month declaring that the telecommunications conglomerate is not a state institution. In light of this decision, the SIU believes that the definition of a state institution
Nedbank, Other Leading Corporations Collaborate with City to Alleviate Traffic
To combat the effects of load shedding, prominent entities such as Nedbank, Sasol, and Growthpoint have joined forces with the City of Johannesburg for the Traffic Signal Backup Power Initiative. This project aims to protect major intersections in Sandton from the effects of load shedding, ensuring the area's traffic flow. The clever solution entails establishing
Zeekr Takes a Dig at Tesla While Unveiling the 001 FR Performance Variant
Zeekr is generating buzz with a first look at its upcoming flagship model, the Zeekr 001 FR. This performance-focused iteration of the already available 001 EV promises to push the envelope and raise the bar. While the new model's unveiling images are captivating, Zeekr has added a touch of rivalry by making a subtle jab
Geely Galaxy E8 a glimpse into the Future of Mobility
Geely recently unveiled the highly anticipated Galaxy E8, heralding a significant leap forward in the world of electric vehicles. After teasing its "Galaxy Light" concept car at the 2023 Auto Shanghai event, Geely is preparing to launch the Galaxy E8. While Geely is not new to the electric vehicle market, the Galaxy E8 is significant
Motorola Razr 2023: Unfolding Innovation in the Smartphone Realm
Motorola's latest offering, the Motorola Razr 2023, has made waves in the ever-changing smartphone landscape. This innovative device, known as the Motorola Razr+ in North America, Motorola Moto Razr 2023 in China, and various other names such as Motorola Razr 4 and Motorola Razr Gen 4, is redefining the concept of foldable smartphones. One of
Bluetooth LE Audio: Revolutionizing Wireless Sound with Efficiency and Innovation
Bluetooth technology has evolved dramatically over the last two decades, with numerous iterations and upgrades. The emergence of Bluetooth LE Audio, which has recently made its presence felt in the realm of consumer audio, is a particularly noteworthy advancement. While Bluetooth Low Energy (LE) was introduced in 2011, it is still an important component of
Bringing the Ultimate Fusion of Technology: Embracing Windows 11 on Your iPad
In today's fast-paced technological landscape, the distinction between premium iPads like the iPad Pro and top-tier Windows tablets like the Surface Pro 9 is becoming increasingly blurred. Apple's ongoing improvements to iPadOS, including features such as Stage Manager, have bridged the gap, making iPads more akin to laptops. Despite these advances, there is still a
Uber Eats' Investment of R200 Million to Empower Youth in the Township Economy
Uber Eats, known for its ubiquitous presence in urban areas, is aiming to make a bigger impact in the township economy. This ambition has resulted in a strategic collaboration between Uber Eats and the Gauteng Department of Economic Development, culminating in an R200 million investment over the next three years. The goal is to create
Aircraft Routes Altered as Niger Airspace Closure Impacts London-Joburg Flights
Due to the closure of Niger's airspace on Sunday night, airlines were forced to reroute flights, causing delays for passengers flying between London and Johannesburg, as well as other African destinations. This partial closure of airspace had a domino effect on flight paths throughout the region. Among the airlines affected was British Airways, which had
Smaller Retailers Outpacing Industry Giants as Consumer Preferences Shift
In an intriguing twist, traditional trade (TT) retailers are outpacing the dominant modern trade (MT) sector in terms of growth. This shift can be attributed to changing consumer purchasing habits, which are influenced by lower disposable income and changing preferences. NielsenIQ (NIQ) South Africa's recent insights, released on Monday, provide a comprehensive assessment of sales
Utilizing Tax Simulations for Informed Lump Sum Withdrawal Strategies
Managing lump sum tax payments effectively can be a difficult task, especially in scenarios involving retirement fund withdrawals and severance packages. We discuss the importance of using lump sum tax simulations and offer advice on how South Africans can refine their tax strategies, as articulated by Porcha Schelhase of Gravitas Tax. Understanding the Dynamics of
Daystar Power, Backed by Shell, Expands Solar Endeavors to Alleviate South Africa's Energy
Shell's solar subsidiary, Daystar Power, is expanding significantly into South Africa, owing to the country's increasing power shortages. The move could make South Africa Daystar's largest market, with the company planning to deploy up to 120 megawatts (MW) of solar capacity by 2025. This strategic expansion comes as Daystar Power establishes a presence in Johannesburg,