While you were asleep

We begin this morning with the French presidential elections, where the incumbent president Emmanuel Macron has won re-election by defeating his right-wing challenger Marine Le Pen in a re-match of their 2017 contest. Macron’s campaign focused on making France a cornerstone of the European Union as he seeks to bolster the bloc over the nativism …

While you were asleep: Macron defeats Le Pen in French presidential election while KZN flood damage reaches R17 billion Read More »

We begin this Friday morning with something for your weekend table talk, SA-born tech billionaire Elon Musk says he has secured the funding needed to purchase the social media company Twitter in its entirety. On Thursday, the Tesla and Space X CEO filed documents with US regulators indicating he had secured $46.5 billion worth of …

While you were asleep: Musk secures $46.5 billion funding for Twitter acquisition Read More »

We begin this morning with the latest from KwaZulu-Natal where the SANDF has deployed 400 of an expected 10,000 soldiers to assist with the clean-up and emergency efforts in the flood-hit province. The heavy rainfall that battered the area last week caused record floods and mudslides with nearly 450 people killed and around 4000 homes …

While you were asleep: SANDF marches into KZN to help with rescue efforts Read More »

We start this morning with the return of load shedding, which began rearing its ugly head last week before some reprieve over the Easter weekend, only for Eskom to ramp it up yesterday and push the country into stage four power cuts. While briefing the country, Eskom chief executive André de Ruyter said stage four …

While you were asleep: Fourteen years of load shedding and counting… Read More »

Here’s what we’re reading: SA Business Load shedding crisis as Eskom breakdowns hit new record – The CitizenEskom had a bad weekend, and it doesn’t look like a good week (or year) ahead for load shedding – Business InsiderWhy medical aids in South Africa ask for pre-authorisation – MyBroadbandPan-African crypto currency ‘can ease business costs’ – Ventureburn Global Business …

While you were asleep: KZN floods return SA to State of Disaster with over 440 dead Read More »

Here’s what we’re reading: SA Business Further load shedding not off the cards, Eskom warns – EWNKZN floods: PEP owner closes Durban distribution centre after ‘significant damage’ – Fin24Namibia Follows South Africa in Hiking Rate on Inflation Worries – Bloomberg Global Business Russia-Ukraine war will hit Africa hard and could even lead to conflict – World Bank – Fin24Jeff …

While you were asleep: KZN flooding death toll rises into the hundreds Read More »

Here’s what we’re reading: SA Business UPL toxic chemical waste leaks on to Durban beaches again in heavy rains – Daily MaverickGordhan and Godongwana step up public spat over SAA – Fin24Uber competitor DiDi seemingly ditches SA following driver strike – Fin24 Global Business Twitter investor sues Elon Musk for failure to promptly disclose his shares – The GuardianApple …

While you were asleep: Scores killed in KZN flooding, Eskom says possible 100 days of load shedding in winter Read More »

Here’s a roundup of the world’s top and most interesting headlines: SA Business Hiking Eskom tariffs is like rewarding inefficiency, says DMRE official – Fin24Despite ‘engagements’, SAA has about R1 billion stuck in Zimbabwe – Fin24Bayer vs Clicks in a blood-thinning battle – BizNews Global Business Honda to Spend $40 Billion on EV Push, Plans 30 Models – BloombergSK …

While you were asleep: From thousands of Killings in Ukraine to the return of load shedding Read More »

Former president Jacob Zuma will head to the Pietermaritzburg High Court today in what will be the long-awaited resumption of his corruption trial alongside French arms dealer Thales. The corruption case relates to a controversial multi-billion rand arms deal struck back in the 1990s. But Zuma isn’t done fighting the court just yet and will seek a …

While you were asleep: More fighting talk from Zuma as corruption trial resumes Read More »

We start this morning with the big global business story of the week, SA-born tech billionaire Elon Musk purchased a large stake in Twitter and snagged a seat on the board, which means the sometimes-erratic Musk could be in a prime position to shake things up at the social media giant. At the start of …

While you were asleep: Elon Musk incoming at Twitter. What could go wrong? Read More »