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Global tech selloff triggered by Chinese AI startup DeepSeek, offering cost-effective AI models compared to top AI chatbots. Caroline Hyde covers the impact and implications.
Business Leadership South Africa CEO Busiswe Mavuso praised Team SA for impressing delegates at the World Economic Forum. International investors have changed their outlook on South Africa, with a shift in sentiment from concerns over load shedding and the 2024 National Election to interest in the country’s achievements and growth ambitions. President Cyril Rampahosa highlighted South Africa’s commitment to sustainable development and reforms to attract investors.
Janusz Walus, who murdered SACP leader Chris Hani in 1993, expressed no remorse in an eNCA interview. He described the killing as necessary to prevent a takeover, stating he would do it again if circumstances were the same.
DeepSeek’s innovative AI model, R1, developed under constraints from US export controls on chips, showcases efficiency and collaboration. The model, praised for its reasoning abilities in mathematics and coding, uses a unique “chain of thought” approach. Researchers are impressed by its engineering simplicity, highlighting the potential for startups like DeepSeek to thrive despite limitations.
The author reflects on criticizing the ANC’s legislative ideas, acknowledging differing viewpoints. South Africa’s liberal community sometimes accuses the author of being unpatriotic. The author supports the idea that wealthier South Africans should not obstruct initiatives to help the poor for the country’s future.
The M23 rebel group seizes control of Goma, a key city in the DRC, dealing a significant blow to the Congolese army. The conflict, backed by Rwanda, has led to gunfire and mass displacement of residents. M23 aims to control mineral mines in the region.
Minister Ramokgopa reassures South Africans of no 36% electricity tariff hike this year. He emphasizes the need to review the energy mix to reduce electricity production costs. Businesspeople at the WEF also criticize high electricity costs, affecting competitiveness. Ramokgopa aims to make electricity affordable for all, citing unsustainable tariff increases.
Fierce fighting continues in Goma, DRC, as rebels and army clash. M23 rebels claim control of the city, but authorities dispute. Residents trapped in homes report gunshots and fear. Videos show rebels patrolling streets. Clashes between army and rebels reported. UN-sponsored Radio Okapi confirms rebels control state broadcaster. Residents express terror and concern.
Five civilians were killed and 25 wounded in clashes near the Rwandan border town of Gisenyi, close to Goma in eastern DR Congo. Rwanda’s army reported the casualties, with ongoing reports of fighting along the border. International observers are calling for a halt to hostilities as the humanitarian crisis worsens.
On the 80th anniversary of the liberation of Auschwitz, survivors return to mark International Holocaust Remembrance Day. The atrocities committed by the Nazis, including the murder of 6 million Jews, are a stark reminder of humanity’s capacity for evil. Efforts continue to uncover the names of victims and combat rising antisemitism worldwide. Survivors emphasize the importance of preserving the memory of the Holocaust.
