A report reveals R100 in 2000 is now worth R385 in 2026, with food prices soaring over 500%, driven by fuel costs and inflation impacting South African households.
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French cyberdefence chief warns Paris Olympics a 'target'
The head of France's national cybersecurity agency said the Paris Olympics would be a "target" this year including for foreign states interested in "disrupting the opening ceremony or causing problems on public transport".
Yellen to urge China to address overcapacity issues
A surge in cheap exports from China in industries like electric vehicles could bring "global spillovers," US Treasury Secretary Janet Yellen is due to warn in a speech on Wednesday. "Now, we see excess capacity building in 'new' industries like solar, EVs, and lithium-ion batteries," Yellen is due to say.
Japan unveils next-generation passenger plane project
Japan announced plans on Wednesday to develop a next-generation passenger jet over the next decade after the last struggling attempt, led by a private company, was scrapped a year ago. Over the next 10 years, investment totalling five trillion yen ($33 billion) is needed in the industry including for the development of the new passenger plane, the official said.
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