Category BreakingNews

Petrol stations are ditching fuel for flat whites and fast WiFi

CapeTown ETC

Petrol stations in South Africa are transforming into multifunctional spaces due to declining fuel sales. The country’s shift to a net fuel importer is causing supply challenges, with refinery closures and reduced production capacity. The industry is adapting to changing consumer habits and environmental concerns, with non-fuel services projected to increase significantly by 2030.
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Tariff war: Why SA should hold fire in response to Trump’s trade war

Daily Maverick

South Africa is advised to observe global responses to Trump’s tariffs before reacting. The government’s cautious approach reflects the complexity of the situation. Standard Bank’s economist likens the tariffs to a “Brexit” for the US. Leaders worldwide must protect their economies while appearing strong to their constituents amidst the economic challenge posed by the US tariffs.
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MTN to launch new pan-African streaming service – TechCentral

TechCentral

MTN Group plans to launch a streaming video platform in partnership with Synamedia to target mobile and fixed broadband subscribers across Africa. The platform will offer linear TV and video-on-demand content with various monetization models. Each market will have curated content tailored to local cultures. Synamedia CEO expects the collaboration to generate new revenues for MTN.
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Analysis: Trump says he’s ready to talk as new stock market losses fuel tariff chaos | CNN Politics

CNN

Global stock sell-offs continue, with US markets plunging. President Trump faces criticism over trade wars but remains optimistic, open to new deals. Despite market turmoil, he downplays losses, emphasizing the country’s strength. Asian markets follow US trend. Trump claims to have spoken to world leaders and defends trade policies. Administration assesses situation over the weekend.
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Residents living near the Vaal River ignore warning to evacuate

SowetanLIVE

Residents in Parys, Free State, along the Vaal River are ignoring evacuation warnings despite rising water levels from the opening of the Vaal Dam’s fifth sluice gate. Residents claim water levels are normal and have not evacuated, including those in Gold Fish Estate. Marie Scheepers stated that despite warnings, residents are not moving and want to make their own decisions.
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Absa bosses score R165 million payday

BusinessTech

Absa executives earned R165 million in 2024 amid leadership changes. The group had a strong financial year, benefiting from improved outlook in South Africa due to the GNU formation and reduced load shedding. Inflation improved, leading to interest rate cuts. East Africa performed well, but Zambia and Mozambique faced challenges. Absa’s headline earnings increased by 10% to R22 million.
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