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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Bank of England freezes interest rate at 16-year high
The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as inflation remains elevated despite recent slowdowns. High interest rates have worsened the squeeze for individuals and businesses alike, as commercial lenders put up their own interest rates on loans including mortgages.
Germany football teams to swap Adidas for Nike kit from 2027
Germany's national football teams will wear jerseys made by US sportswear giant Nike from 2027, the German Football Association (DFB) said Thursday, ending a decades-long kit partnership with domestic outfitter Adidas. Adidas had been paying approximately 50 million euros ($54 million) a year to kit out the German national football teams, according to German daily Bild. sea/hmn/gj
Apple 'aunties' greeted with cheers at Shanghai store opening
Chinese Apple superfans jostled to enter the smartphone maker's newest store in Shanghai as it opened on Thursday night -- but they were upstaged by dozens of retirees eager to nab commemorative freebies.
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Bonitas: Members report ongoing issues after largest admin change in South Africa
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