Wednesday, October 15, 2025

Money

Port of Gauteng: A $2.9 Billion Vision to Revolutionize South Africa’s Logistics Landscape

South Africa's logistics sector is on the cusp of a transformative shift with the launch of the Port of Gauteng—a $2.9 billion inland port project set to tackle the...

From Silicon to Supply Chains: The Logistics Behind the OpenAI–Broadcom Chip Deal

The Global Impact of a Game-Changing Deal OpenAI’s recent partnership with Broadcom to co-develop and deploy 10 gigawatts (GW)...

Student Loan Forgiveness Returns: What 2 Million Borrowers Can Expect Next

After months of uncertainty, the Biden administration’s student loan forgiveness initiative is back in motion—this time targeting more...

Rocket Lab Surges to Record Highs: Is Now the Best Time to Buy?

Rocket Lab Corporation (NASDAQ: RKLB) has achieved a significant milestone, reaching an all-time high of $68.53 on October...

Can the U.S. Save AGOA? Analysts Push for Extension Amid Mounting Economic Risks

The clock is ticking for the United States to decide the fate of the African Growth and Opportunity...

ArcelorMittal South Africa’s Job Cuts: Unions Rally Against Looming Layoffs

ArcelorMittal South Africa (AMSA) is on the verge of cutting over 4,000 jobs, putting a significant portion of its...

Relief at the Pumps: South African Fuel Prices Drop from Wednesday

Motorists across South Africa will pay less for fuel from Wednesday, 3 September 2025, as the Department of Mineral...

U.S. Futures Slide as Pre-Market Trading Resumes After Labor Day

U.S. stock futures pointed lower on Tuesday morning as Wall Street reopened following the Labor Day holiday, with investors...

Trump Pressures Fed Governor Lisa Cook to Resign Amid Mortgage Fraud Allegations

President Donald Trump has intensified pressure on Federal Reserve Governor Lisa Cook to resign, citing allegations of mortgage fraud...

Target CEO Brian Cornell to Step Down, Michael Fiddelke Named Successor Amid Sales Slump

Target Corporation has announced that longtime Chief Executive Officer Brian Cornell will step down from his role on February...

Zahid Group’s $1.25 Billion Barloworld Acquisition Gets Green Light

The Competition Tribunal has officially approved the R23 billion (US$1.25 billion) acquisition of Barloworld Limited by a consortium led...

Mango Airlines Rescue Plan Collapses as Investor Pulls Out

South African low-cost carrier Mango Airlines is now headed for closure after its last potential investor, Ubuntu Air, withdrew...

United Airlines Restores Flights After Major Tech Glitch Grounds Hundreds Across the U.S.

United Airlines has successfully resumed operations after a sudden and widespread technology outage forced the airline to ground hundreds...

Pick n Pay’s Bold Turnaround Plan: What Ackerman’s Praise for Summers Really Means

South African retail giant Pick n Pay is undergoing one of its most critical transformations in recent history—and the...

Tesla and Samsung Forge $16.5 Billion Chip Pact

In a deal that could reshape the competitive dynamics of both the automotive and semiconductor industries, Tesla and Samsung...

Student Loan Forgiveness Under IBR Paused Amid System Overhaul, But Not Canceled

The U.S. Department of Education has confirmed a temporary pause in processing student loan forgiveness for borrowers enrolled in...

Telkom Unveils New Logo and Brand Identity in Strategic Repositioning Drive

Telkom has officially unveiled its refreshed logo and visual identity as part of a broader strategy to modernize its...

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