The last intermediate results Naspers again show that investors value and invest in Naspers for one reason only: to benefit from the value of the group’s stake in Tencent. History has shown a strong correlation between Naspers’ stock price and Tencent’s fortunes and setbacks, and that the operating results of the various operating divisions come […]

JSE-listed industrial brand management company Barloworld has confirmed the unbundling of its Avis South Africa car leasing and rental business through a separate listing on the JSE main board as Zeda Group (Zeda). The company plans to list Zeda, which will continue to market its Avis and Budget brands, on December 13. In a statement […]

Astrid Stawiarz/Getty Images for Housing Works Astrid Stawiarz/Getty Images for Housing Works Internet cookies do many things. They allow people to connect to websites. They make commenting on the Internet possible. And, yes, cookies are also what allow advertisers to track users across the internet to serve them ads based on their previous searches. This […]

The major credit rating companies are unlikely to consider taking decisive action on South Africa’s unwanted rating until after the ruling party elects a new leader and announces more detailed plans to tackle to the unsustainable debt burden of the public electricity company. South Africa’s credit ratings are at their lowest levels since they were […]

Although the Korean film and television industry is not known for producing remakes, we received an adaptation of Money Heistcommonly called Money theft. The series was a big hit, with an 8.3 rating on MyDramaList and a Rotten Tomatoes score of 94%. When Money Heist: Koreathe remake of the original, which aired in June 2022, […]

Vertical farmers, known for growing herbs and salads indoors, have made a breakthrough in the quest for global food security: growing wheat in the same controlled environment. Amsterdam-based startup Infarm has grown wheat without using soil or chemical pesticides, and with far less water than conventional farming. The first indoor farming company to cultivate a […]

One of the world’s largest cryptocurrency exchanges, FTX, has collapsed, with what is believed to be an $8bn (£6.8bn) black hole in its balance sheet. Of its 1 million users, many are now unable to withdraw their funds. On Friday, FTX Group, run from offices in America but headquartered in the Bahamas, filed for bankruptcy […]

Warren Buffett is widely regarded as one of the shrewdest and most successful investors of all time and he has been dubbed “the Oracle of Omaha”. Buffett is also a big proponent of using index funds, also known as tracking funds or passive funds, for investing rather than trying to “pick stocks.” We regularly hear […]

Since Elon Musk took over Twitter last week, company employees described an atmosphere of lingering chaos. News about their jobs is more likely to come from reporters than company management. Musk had made it clear that he intended to lay off much of the staff (although he denied early reports that it would be seventy-five […]

FRII – Interest and Capital Payment Notifications FirstRand Bank Limited(Incorporated in the Republic of South Africa)(Registration number: 1929/001225/06)Issuer code: FRIILEI: ZAYQDKTCATIXF9OQY690Bond Code: FRC284 ISIN: ZAG000154642Bond Code: FRC296 ISIN: ZAG000159369Bond Code: FRC297 ISIN: ZAG000159351Bond Code: FRC359 ISIN: ZAG000174012Bond Code: FRC384 ISIN: ZAG000183641Bond Code: FRC385 ISIN: ZAG000183658Bond Code: FRC386 ISIN: ZAG000183674Bond Code: FRC387 ISIN: ZAG000183666Bond Code: FRC393 […]

Vanessa Roberts Avery, United States Attorney for the District of Connecticut, David Sundberg, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, and Christina D. Scaringi, Special Agent in Charge of the Office of Inspector General , United States Department of Housing and Urban Development, announced that MICHEL DIMASSA31, […]

When personal data is stolen in a breach, such as the recent high-profile attacks on optus and Medibankhe often begins a journey through a dark criminal market that follows surprisingly traditional patterns of supply and demand. Passwords, personal information, copies of identity documents and contact details of victims can pass through a network of transactions, […]

Earlier this month, Elon Musk tweeted that “the purchase of Twitter is an accelerator for the creation of X, the universal application”. Eh? It’s clear that Musk, who became the new owner of Twitter on Friday, is looking for ways to recoup his $44 billion investment. Many observers expect it to quickly introduce subscription features, […]

Attachments Authors: Erwin CORONG, Justin KAGIN, Edward TAYLOR and Dominique VAN DER MENSBRUGGHE The WFP spends more than $745 million a year in East Africa. These expenditures are vital for humanitarian operations and also affect local economies, potentially creating significant impacts on income and production. The World Food Program (WFP) spends more than $745 million […]

A new data visualization reveals how the ripple effects of war in Ukraine are impacting refugees and displaced people in parts of the world far from the media spotlight. The consequences of Russia’s invasion of Ukraine for refugees and internally displaced people have reached far beyond Europe. The war has driven up food and fuel […]

Americans who work from home have recouped 60 million hours they spent commuting to the office each day. They now use this time to sleep more. That’s according to research by the Federal Reserve Bank of New York, which analyzed data from the US Time Use Survey to see what American workers spent their time […]

Here is the gist of the article in video form: New updates are added at the bottom of this story……. The original story (published September 29, 2022) follows: PayPal is an American online payment service that enables fast and easy money transactions worldwide. It is an electronic replacement for conventional paper-based methods like checks and […]

Harrisonburg, Virginia — The Washington Post reported on October 13 that cyberattacks continue to be a concern for election security and Tech Crunch reported that social engineering attacks are on the rise, giving hackers access to data and services from well-known and well-resourced organizations such as Mailchimp and Uber. The common target of these attacks […]

In most market environments, a company with one of the lowest valuations on the Nasdaq 100 index, a strong balance sheet, and average sales growth of 34% per year would be an obvious buy. In the case of Meta Platforms Inc., it’s not so obvious. Since Mark Zuckerberg announced a name change and overhaul of […]

DETROIT – An equity fund CEO has been accused of defrauding investors of more than $27 million by fraudulently exaggerating his fund’s investment performance and embezzling funds, the U.S. attorney announced today Dawn N.Ison. Ison was joined in the announcement by James A. Tarasca, special agent in charge of the Detroit Field Division of the […]

Shares fell on Monday amid growing concern over rising global interest rates and as Chinese investors returned from a week-long vacation to tighter restrictions on U.S. technology. A gauge of Asian stocks fell more than 1%, led by tech stocks in Hong Kong, while US futures also slipped. A rebound in Covid cases in China […]

DETROIT – A Detroit man bought stolen Social Security numbers on the dark web, used them to submit 3,000 fraudulent Medicaid claims for free government cellphones, then turned around to sell those phones around the world. part of a scheme that nearly cost the state $11 million, officials said. How the diet worked Dewan Anton […]

FIFI PETERS: Sticking with Transnet, I guess that’s a very important story. We saw that [dissension] is growing there in its halls, with unions declaring a pay strike there – which management has called illegal. The strike at Transnet, if it is long, will have very serious repercussions on trade, imports, exports and [of course] […]

Notice of Annual General Meeting and No Change Statement MOMENTUM METROPOLITAN HOLDINGS LIMITEDIncorporated in the Republic of South AfricaRegistration number: 2000/031756/06ISIN Code: ZAE000269890JSE Share Code: MTMA2X Share Code: MTMNSX Share Code: MMT(“MMH” or the “Group”) NOTICE OF ANNUAL GENERAL MEETING (“AGM”) AND NO CHANGE STATEMENT Notice is given to shareholders of MMH that the 21st […]

ANZ sees a significant chance of an OPEC+ cut as big as 1 million barrels per day Ahead of an OPEC+ meeting on Oct. 5, ANZ sees a “significant chance for a cut” of up to 1 million barrels per day, company analysts said in a note. This decision will probably be made “to counter […]

Far-right conspirator Alex Jones is under increased scrutiny as the bankruptcy of his parent company Infowars reveals a complex web of corporate entities tied to his family and associates. Jones’ parents and sister control companies that are now seeking payment as creditors to the bankrupt debtor, Free Speech Systems LLC. Other companies run by his […]

The Summarised Consolidated Financial Results For The Year Ended 30 June 2022 And Ordinary Cash Dividend Declaration ALVIVA HOLDINGS LIMITED(incorporated in the Republic of South Africa)Registration number: 1986/000334/06ISIN: ZAE000227484Share code: AVV“Alviva” or “the Company” or “the Group” SHORT-FORM ANNOUNCEMENT OF THE SUMMARISED CONSOLIDATEDFINANCIAL RESULTS for the year ended 30 June 2022AND ORDINARY CASH DIVIDEND DECLARATION […]

A Just over a year ago, a Chinese property developer largely unknown to the outside world said his cash flow was under ‘enormous pressure’ and he might not be able to repay some of his exorbitant debts $300 billion (£275 billion). Today, that company, China Evergrande Group, is only too well known as the poster […]

I spoke with Gavin Lewin of the Rich Ideas group about how to evaluate our financial advisors. Returns are certainly important, but there’s more to it than just making money. In many ways, emotional support, helping us do the right thing, is almost as important as feedback (read the transcript). Adobe’s results were strong, but […]

Attachments Background Economic activity in Syria has halved since the start of the conflict in 2011 due to major losses of human capital that have disrupted social and economic networks, destroyed infrastructure, degraded basic services and disrupted trade4. suffered from COVID-19, prolonged droughts and changing weather conditions, rapid currency depreciation, high inflation and the ripple […]

The most severe blackouts in South Africa’s history have left the government scrambling to find ways to mitigate their impact on businesses and livelihoods, scrambling to buy more electricity to private producers and neighboring countries. Africa’s most industrialized nation is facing more than four hours of power cuts in a row because state-owned Eskom cannot […]

Attachments Introduction 2022 has seen a huge increase in the number of forcibly displaced people around the world, largely due to the Russian Federation’s invasion of Ukraine. Ukrainians received the kind of welcome that should be reserved for all those forced to flee: access to safety and protection, and freedom to travel, work and study, […]

Following an urgent board meeting as Stage 5 load shedding was underway on Saturday, September 17, Eskom will on Monday begin sourcing additional power urgently from existing independent power producers. This announcement was made during an emergency press briefing by the CEO of the Eskom group, André de Ruyter, on Sunday morning. It hopes to […]