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UCT's 35% medical-aid cut for retirees exposes its denials of financial crisis

2 hours ago

9 min read

UCT tells 1200 retirees (and their spouses and dependents) of plans for a 35% medical-aid cut, contradicting Council Chair Arendse's claims the university is financially stable.

Tourists at the V&A waterfront in Cape Town

Rational Perspective

US tourists outnumber all of BRICS combined — SA's real friends aren't who Pretoria says

The Common Sense

4 hours ago

3 min read

New Stats SA data shows Western visitors overwhelmingly outnumber BRICS tourists, challenging South Africa's foreign policy narrative today.

The Luno building in Cape Town's city centre

Global Investing

SA-founded crypto exchange Luno slashes 20% of workforce in major shake-up

Bloomberg

4 hours ago

2 min read

Crypto exchange shifts focus to institutional clients as retail trading slows.

Global Investing

Amazon, Microsoft results show Big Tech's AI spending spree is far from over

Bloomberg

4 hours ago

4 min read

Amazon, Microsoft and Alphabet ramp up billions in AI infrastructure spending, reviving optimism across the semiconductor industry

The remains of burned out caravans, ovens and leisure equipment at the Pantano de Burguillo campsite following a wildfire in El Barraco, Spain.

Global Citizen

As Europe burns, insurers warn climate risk is now permanent

Bloomberg

4 hours ago

5 min read

Record heat, wildfires and extreme weather are pushing insurers to rethink risk models as premiums rise and climate losses accelerate across Europe

Global Investing

Lesaka locks in new boss Mazanderani through 2029 — why the fine print matters

Editor BizNews

4 hours ago

3 min read

Lesaka extends Ali Mazanderani’s tenure to 2029, signalling long-term turnaround confidence through equity alignment, not executive bonuses or incentives.