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Exxaro’s CEO Nombasa Tsengwa resigned due to conflict of interest and breach of duty after less than three years. The resignation was confirmed by the company, and the finance director has been appointed as acting CEO. The company will start the process to find a new CEO to lead growth and innovation.
South Africa’s healthcare system is in crisis as funding shortages worsen, with over 15,300 healthcare workers at risk of losing their jobs. The freeze on foreign aid from the Trump administration has exacerbated the situation, impacting doctors, nurses, and other professionals. Budget constraints and a lack of resources have left 1,800 newly qualified doctors unemployed, despite the country’s urgent need for medical staff.
US President Trump halts near-total freeze on foreign aid but USAid ends work with “non-essential” personnel recalled. Focus shifts to South Africa, with Agoa trade benefits at risk due to strained relations. Agoa, enacted in 2000, facilitated $14 billion in exports. Concerns rise over broader implications for bilateral trade with the US.
Israel’s defense minister orders military to prepare plan for Gaza residents to leave, in line with Trump’s proposal for US to resettle Palestinians. Over 70% of Gaza’s buildings damaged after 15 months of war. Palestinian presidency rejects plan, stating “Palestine is not for sale.”
SpaceX has pulled out of public hearings on satellite service licensing in South Africa, organized by Icasa. The company did not show up for its scheduled presentation and notified Icasa of its withdrawal. SpaceX had previously submitted a written statement. The reason for the withdrawal is unclear. This move follows a controversial social media post by Elon Musk criticizing South Africa’s ownership laws.
Liverpool manager Arne Slot secures spot in English final after 4-0 win over Tottenham in Carabao Cup semi-final. Slot, in his first season in English football, emphasizes importance of winning at Wembley, drawing inspiration from past Dutch successes. Liverpool to face Newcastle in final on March 16.
WSJ interviewed CEOs of successful businesses like Chick-fil-A, Starbucks, Ikea, and Target to uncover their strategies. Key insights include customer-centric focus, innovation, employee empowerment, and adaptability to changing market trends.
WSJ interviewed CEOs of successful businesses like Chick-fil-A, Starbucks, Ikea, and Target to uncover their strategies. Key insights include a focus on customer experience, innovation, employee satisfaction, and adaptability to market trends.
Experts warn that the closure of USAID could empower China and weaken Western influence in developing nations. Demonstrators and lawmakers are protesting President Trump and Elon Musk for dismantling the agency, which administers foreign aid approved by Congress.
President Cyril Ramaphosa will address the nation in his State of the Nation Address (SONA) today, facing challenges such as load shedding, service delivery issues, and escalating tensions in the eastern DRC leading to the deaths of South African soldiers.
