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Three men were killed and 18 others injured in the largest drone attack on Moscow since the Ukraine war began. The attack occurred in the Moscow region, with 337 drones intercepted and 91 shot down. The victims were working at a distribution center when hit by drone debris in the village of Yam.
South Africa may phase out participation in Agoa trade deal due to strained relations with US. Trump administration’s aid cut over Expropriation Act and foreign policy positions has soured ties. Uncertainty looms over SA’s future in Agoa program renewal. SA seeks renegotiated trade deal with US to reset relationship.
The Nasdaq 100 dropped 3.81%, its largest one-day decline since September 2022, contributing to a $1.7 trillion loss in the US stock market. President Trump’s comments on a potential recession this year led to the benchmark S&P 500 falling 2.7%, bringing it down nearly 9% from its peak on February 19.
Manchester United plans to build a new £2bn, 100,000-capacity stadium near Old Trafford. Co-owner Sir Jim Ratcliffe aims to create the “world’s greatest football stadium.” The club believes it can be completed in five years, half the usual time, by utilizing the Manchester ship canal. Key questions remain about funding, design, and the fate of the current stadium.
South African government imposes hidden tax by printing money, eroding local currency value. Finance Minister’s 2025 Budget, set for 12 March, to address deficit. Dispute over VAT increase delayed budget speech to 12 March. Cabinet ministers oppose VAT hike, prefer cutting state expenditures. Stakeholders urge focus on economic growth.
Pam Golding Properties reports a data breach on March 7, 2025, with unauthorized access to personal information on their CRM system. No banking or financial details were compromised. The group is taking steps to secure systems, notify affected clients under POPIA, and has reported the incident to the Information Regulator and SAPS. Measures are being implemented to prevent future breaches.
Basic Education Minister Siviwe Gwarube reports that 93% of identified pit latrines in schools have been eradicated through the Safe Initiative, following President Cyril Ramaphosa’s call to eliminate them by March 31, 2025. Gwarube emphasizes the importance of providing safe sanitation facilities for children’s well-being. Approximately 236 pit toilets remain unresolved out of 3,372 identified.
Budget 2025 negotiations are ongoing, with Presidency spokesperson Vincent Magwenya expressing confidence in a budget with full support from all parties. Talks continue as the DA opposes tax increases and pushes for spending cuts. Finance Minister Godongwana considers a reduced VAT hike. Opposition parties are discussing acceptable options, with a general stance against tax increases.
Police rescued an Ethiopian businessman kidnapped in Norwood. One kidnapper was killed, five arrested. Victim found in Johannesburg house, leading to a shoot-out. Police seized illegal firearms, luxury items. Recent successes include recovering 50 vehicles, destroying R340 million drugs in Cape Town. Over three years, police destroyed drugs worth R5.2 billion.
South African men, including Elon Musk, Peter Thiel, and Joel Pollak, have become part of Donald Trump’s circle. Rebecca Davis explores their backgrounds, connections, and influence on the US president.
