Month: January 2025

1066 Results / Page 8 of 119

Business / Economics

SA Reserve Bank eyes third consecutive rate cut

    The South African Reserve Bank (SARB) is expected to lower the benchmark interest rate by 25 basis points to 7.5% on Thursday, marking the third consecutive rate cut. The decision, expected to be unanimous among the six-member monetary policy committee, comes as the central bank navigates economic uncertainty driven by global factors.     Governor of the SARB, Lesetja Kganyago      Governor Lesetja Kganyago will announce the […]

today30 January, 2025

South Africa

Solidarity Welcomes SIU Report Findings and Recommendations

  In S.A, Solidarity says it is encouraged by the findings and recommendations of the Special Investigating Unit’s report, which exposed large-scale corruption at Denel. The board of directors of arms procurement firm Armscor in 2007 allegedly approved the purchase of 264 Badger vehicles from Denel in a ten-year contract worth 8.3-billion. Armscor paid more than 8.1-billion-rand, but only 21 vehicles were built and completed, and the entity has not […]

today30 January, 2025

World

Update On Military helicopter and regional jet mid-air collision in Washington

  Here an update on our 10am news story...A major search and rescue operation is underway in Washington DC after a military helicopter collided in mid-air with a commercial jetliner that was making its final approach to Ronald Reagan National Airport in the center of the city. A total of around 60 people are feared to have been on board the two aircraft. From Washington, Simon Marks reports.  

today30 January, 2025

Verdant Capital Hybrid Fund completes USD 2 million mezzanine investment in UsPlus

APO International

Verdant Capital Hybrid Fund completes USD 2 million mezzanine investment in UsPlus

 Verdant Capital (www.Verdant-Cap.com) is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed its fifth investment of USD 2 million, structured as junior convertible debentures in UsPlus Limited (“UsPlus”) incorporated in South Africa. UsPlus has greatly impacted the financial landscape of SMEs in South Africa by using working capital to support sectors and projects that are essential to the sustainability of the country’s society and environment. This […]

today30 January, 2025

72% of International Olympic Committee (IOC) members catch presidential election fever for first time in Lausanne

APO International

72% of International Olympic Committee (IOC) members catch presidential election fever for first time in Lausanne

 The IOC members are in Lausanne for today’s (30 January) 143rd Extraordinary IOC Session at the Olympic House, during which the IOC presidential candidates will deliver their presentations (http://apo-opa.co/4aEAZmY). THE ATMOSPHERE With two months to the election set for 20 March in Greece, the atmosphere is tense in the Olympic capital, and expectedly so, as campaigning intensifies in these days. LOOKING BACK AT 2013 It’s been 11-plus years since the […]

today30 January, 2025

Africa

Kagame Accuses Ramaphosa of Distorting DRC Talks

  Rwandan president Paul Kagame has accused president Cyril Ramaphosa of distorting and lying about the issues they discussed on the situation in the Democratic Republic of Congo. He alleged that Ramaphosa had privately admitted that South African troops killed in the DRC were not attacked by the M23 rebels but by the Congolese military, FARDC. This comes after Ramaphosa accused Rwanda of supporting M23. Kagame says South Africa is […]

today30 January, 2025

Namibia

Trump Reinstates Cuba on Terrorism Blacklist

The Trump administration has reversed the Biden administration’s decision to remove Cuba from the State Sponsor of Terrorism list. In a report compiled by One Africa Tv NewsOnOne's Ellen Shihepo, Cuban Ambassador to Namibia, Sergio Vigoa de la Uz, stated that Cuba had anticipated the possibility of Trump overturning Biden’s decision and is prepared to respond accordingly.  

today30 January, 2025

Science & Technology

Alibaba says its new AI model surpasses DeepSeek

  Chinese tech giant Alibaba has released a new version of its Qwen 2.5 artificial intelligence model which its claims surpasses DeepSeek's technology. The release of DeepSeek's AI assistant this month and its R1 model have prompted tech shares to plunge - and investors to question spending by top American AI firms. Rebecca Bundhun reports.  

today30 January, 2025

It’s Time to be Bullish about Africa: An Human Resource (HR) and Payroll Technology Perspective

APO International

It’s Time to be Bullish about Africa: An Human Resource (HR) and Payroll Technology Perspective

 "Extremely bullish on Africa - can't wait to see the continent evolve over the next decade. So much talent." These sentiments are from a social media message by Alex Bouaziz (https://apo-opa.co/4jA3xCe), co-founder and CEO of Deel, the most successful technology startup in history that reached a US$12 billion value in just 5 years. Reaching more than 16,000 followers on Twitter, his post sparked a flurry of similar comments, expressing how they […]

today30 January, 2025