Scarborough, a once quiet conservation village in the Western Cape, has become a talking point online as foreign investors are apparently taking advantage.
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Oil: 'Mother of corruption' in Venezuela
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' money in the past 20 years, experts say. To date, oil-related graft has cost the country tens of billions of dollars, with "very little chance of getting it back," she said.
United by grief, families of Boeing crash victims demand justice
They can't bring back their children, siblings or partners, but five years on, the families of the 2019 Boeing crash victims want to ensure a similar tragedy never happens again. Ike Riffel, who lost his two children in the crash, said he is hopeful that the group of family members can get justice for the victims.
2 million bottles of Perrier ordered destroyed by French agency
Perrier destroyed two million bottles of its famous sparkling water suspected of being contaminated with "faecal" bacteria under government orders, the public health agency said Thursday.
DR Congo accuses Apple of using 'blood minerals' from war-torn east
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers representing the African country said Thursday. Macs, iPhones and other Apple products are "tainted by the blood of the Congolese people", the DRC's lawyers said.
Strong pricing boosts Caterpillar profits
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, enabling record shareholder payouts. But profits jumped 47 percent to $2.9 billion.
'Extreme' climate blamed for world's worst wine harvest in 62 years
World wine production dropped 10 percent last year, the biggest fall in more than six decades, because of "extreme" climate changes, the body that monitors the trade said Thursday. France bucked the falling harvest trend, with a four percent rise, making it by far the world's biggest wine producer.
Honda announces US$11 bn EV battery and vehicle plant in Canada
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion (US$11 billion), for a massive new EV battery and vehicle assembly plant. Its new facility in Alliston, Ontario will be the first to tap into Canada's EV supply chain investment tax credit and joins recently announced Volkswagen and Stellantis battery plants in Canada.
American Airlines confirms 2024 forecast despite Q1 loss
American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier confirmed its full-year financial forecast. American confirmed its full-year profit forecast range of between $2.25 and $3.25 per share.
SA businesses are turning a new leaf, according to Stats SA, Mzansi disagrees
Statistics SA says SA businesses have been showing positive growth, but South Africans argue this data is not reflective of small black-owned businesses.
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