New data from reveals that the average household food basket costs R5,479.26 a month, and feeding one child a nutritious diet costs nearly R1,000.
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From 8 million to 12 million: Expert reveals the scale of South Africa's unemployment problem
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"No DNA, just RSA": SA beats Kenya to become Africa’s most competitive economy in 2026 IMD rankings
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Chinese internet giant Tencent posts lowest annual profit since 2019
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2 million bottles of Perrier ordered destroyed by French agency
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EU bans Meta's use of personal data for behavioural advertising
The European Data Protection Board said Wednesday it had adopted a binding decision that will ban Facebook and Instagram owner Meta from using the personal data of users for targeted advertisements.
At halfway point, next challenges loom for ECB's Lagarde
Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an unprecedented streak of interest rate hikes.
Barry Callebaut wants to tap into vegan power, Asia growth
Barry Callebaut, the world's largest industrial cocoa and chocolate manufacturer struggles, said Wednesday it aims to double its business in Asia as well as its specialties unit as it seeks to move on from a salmonella outbreak at a major facility.
Job growth up in US private sector on services boost
Hiring in the US private sector rebounded in October, with education and health care creating the most jobs, payroll firm ADP said Wednesday. In October, the US private sector added 113,000 jobs, above the 100,000 figure expected by analysts, according to the latest ADP report.
German finance minister casts doubt on 2030 coal exit
German Finance Minister Christian Lindner on Wednesday called into question the government's aim to end coal use in Europe's largest economy by 2030. "Until it is clear that energy is available and affordable, we should end dreams of phasing out electricity from coal in 2030," Lindner said in an interview with the German daily Koelner Stadt-Anzeiger.
Outcry in Kenya over tax 'harassment' of travellers
A move by Kenyan authorities to tax travellers on new or used goods brought into the country has caused an outcry, with lawmakers and even a government minister denouncing the scheme.
Macron calls to strengthen partnerships in Central Asia visit
French President Emmanuel Macron said he wanted to "accelerate cooperation" with Kazakhstan on Wednesday, as part of a visit to boost France's footprint in Central Asia. Several French presidents have visited Kazakhstan since the fall of the Soviet Union, but Macron will be the first to go to Uzbekistan since 1994.
Russian aviation sector faces strong headwinds
Russia's aviation industry is facing heavy turbulence, as concerns for passenger safety mount in the face of poor maintenance, a lack of spare parts and regular breakdowns. Almost two years into the Ukraine conflict, Kyiv has revelled in the turbulence facing the Russian industry as a result of sanctions.
Toyota hikes annual forecast as first-half net profit doubles
Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year. For the six months to September, Toyota said net profit more than doubled to 2.59 trillion yen on sales of 21.98 trillion yen, which were up almost a quarter on the previous year.
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