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Breaking News Today – Tuesday 10 June 2025
Business & Tech News Apple Software Redesign Flops After a period of loosing its "design Shine" Apple yesterday released several incremental and system cosmetic changes to Apple's tech platform during their annual developers conference. Apple highlighted plans for more AI tools designed to simplify people’s lives and make its products more intuitive while also providing
China Restricts Supply of Rare Earth Magnets: A Blow to Green Tech and EV Industries
Picture by Peter Sobolev China’s recent decision to tighten its control over the export of rare earth magnets has sent shockwaves through the global green technology sector, particularly among electric vehicle (EV) manufacturers and smart electronics producers. As the world races toward a cleaner, more sustainable future, this strategic restriction threatens to derail progress in
Zambia Invites Carmakers to Set Up EV Component Factories Near Copper Mines
Zambia, one of Africa’s top copper producers, is now taking strategic steps to position itself as a key player in the global electric vehicle (EV) value chain. In a bold move aimed at boosting economic diversification and attracting foreign investment, the Zambian government is actively courting international car manufacturers to establish EV component production facilities near its
How Governments Created a Century of Inflation
Contributing Writer: Econ Bro 9 June 2025 In my first Principles of Macroeconomics class, I was taught the four macroeconomic objectives of government:1. Economic growth.2. Price stability.3. Full employment.4. Balance of payments equilibrium.There are many criticisms that can be levelled against these objectives, and the government’s ability to achieve them, but in this article, I
Prioritizing Skills Development and Entry-Level Jobs to Boost Youth Employment
The news headlines made for grim reading this week, highlighting a climb in the unemployment rate to a concerning 32.9% in the first quarter of 2025. The numbers tell a startling story. The youth labour market not only reflects age-based disparities but also entrenched gender inequalities. Women continue to face greater barriers to employment, particularly
Breaking News Today – Monday 9 June 2025
Business & Tech News China / US set for Trade Talks in UK Today Three top aid from of U.S. President Donald Trump's administration are reported to be set for meetings with their Chinese counterparts in London today for talks aimed at resolving a trade dispute between the world's two economic behemoths. U.S. Treasury Secretary Scott
Harmony Gold Declares June 5 a Day of Safety After Fatal Incident at Joel Mine
Tragic Fall-of-Ground Incident at Joel Mine Harmony Gold Mining Company has declared June 5 a Day of Safety across all its South African operations, following a fatal fall-of-ground (FoG) incident at its Joel mine in the Free State. The accident resulted in the death of an employee and has triggered company-wide reflection and action to
West African Resources Aligns with Burkina Faso’s Push for Greater Equity Participation
Burkina Faso Revises Mining Code to Increase State Equity In a strategic move reflecting growing trends in African resource nationalism, West African Resources (WAF) has agreed to align with Burkina Faso’s revised mining regulations by accommodating the government's decision to increase its equity interest in new mining projects from 10% to 15%. This development comes
Rio Tinto Opens $2 Billion Western Range Iron Ore Mine in Australia
Rio Tinto has officially opened its $2 billion Western Range iron ore mine in the Pilbara region of Western Australia, marking a significant milestone in the company’s efforts to sustain its iron ore production. This development is a joint venture between Rio Tinto, holding a 54% stake, and China Baowu Steel Group, which owns the remaining
Breaking News Today – Friday 6 June 2025
Business & Tech News Musk Trump Spat Hurts Tesla Shares Shares in the world's largest electric car company Tesla, dropped -14% yesterday, cutting its market value by close to $150bn in a stunning display of loss in investor confidence overnight. Analysts ascribed the losses as an indication of the impact of a very public dispute
MEPS – New Electric Motor Regulations In South Africa
Starting from 1 June 2025, new regulations targeting electric motors came into effect that will require virtually all new industrial application electric motors, of 0,75 kW output or more, that are imported and sold in the country. These will need to meet a minimum efficiency rating of an IE3 electric motor or a higher efficiency
Jubilee Metals Sells South African Assets to Tap Zambia’s Copper Boom
Jubilee Metals Group has announced a major strategic shift, selling off its South African operations to prioritize copper production in Zambia. This move aligns with the company’s goal to tap into the surging global demand for copper a critical metal in electric vehicles, renewable energy, and modern infrastructure. Divesting in South Africa Long known for
Comstor Champions Inclusive Digital Growth for South Africa’s SMME
Driving Infrastructure Growth in Underserved Communities At the recent SMME Awards Gala, Dorio Bowes, Director of Comstor Southern Africa, shared Comstor’s vision to empower digital infrastructure growth across South Africa, with a particular focus on underserved communities. As a key Cisco distributor, Comstor is evolving its approach to meet the growing demand for secure, scalable
AI Venture Capital Investment Trends Today
Developments in AI are surging with the global AI industry currently valued at approximately $400–$500 billion USD and is poised for substantial growth, potentially doubling or tripling in size by 2028. We took a look at the current landscape of venture capital (VC) investments in AI and emerging technologies, as of mid-2025, based on a
Breaking News Today – Thursday 5 June 2025
Business & Tech News Nintendo Switch2 Hits The Shelves The Nintendo Switch 2 was released at midnight last night globally and has been eagerly awaited with many pre-ordering the popular gaming console. Reports indicate that UK retailer Currys, were calling it its "biggest gaming pre-order ever", with over 30,000 units pre-sold. Nintendo had initially closed
Mali Court Adjourns Hearing on Barrick's Gold Mines Administration Case
Malian courts have delayed a high-stake hearing that would determine whether Barrick Gold Corporation’s mining operations in Mali should come under provisional administration. The legal dispute has drawn national and international attention because of its potential impact on investor confidence and mining sector governance. Barrick's Role in Mali's Mining IndustryBarrick Gold, one of the world’s
Mixed Fortunes for First Quantum Minerals in Africa: Progress and Setbacks
First Quantum Minerals (FQM), a major player in Africa’s mining industry, is currently navigating a mix of challenges and progress at its Zambian operations. The company’s two major copper mines Kansanshi and Sentinel are experiencing both setbacks and promising developments. Kansanshi Mine: Expansion Moves Forward Amid Planned Shutdown At the Kansanshi mine, one of First
Shunka Minerals Moves to Restart Operations in Tanzania with Rukwa Mine
Shunka Minerals, a mid-sized mining company with operations across East Africa, is preparing to resume mining at the Rukwa coal project in Tanzania. This move follows a prolonged operational pause that raised concerns among investors, local communities, and other stakeholders about the company's future in the region. Reasons Behind the Suspension The company suspended operations
Business School – How to Protect Against AI manipulation?
Criminals and scammers use AI to fool us. Meta-awareness helps us dodge their attacks. With the rapid development in AI technology, businesses and Individuals are increasingly at risk through bad actors using advanced AI image and audio generation ability to deceive people, often leading to loss or impact on a business. Artificial intelligence can enhance
Bridging the Skills Gap Starts with Reimagining Education
As the world hurtles toward a more digital, automated and interconnected future, the question that should be on our minds is – “Are graduates being adequately prepared with the right skills to survive and thrive, now and in the future?” Massive Shift in Skills Requirements According to the World Economic Forum's Future of Jobs Report