The famous V&A Waterfront generated over R11 billion in 2025, averaging more than R30 million daily while supporting thousands of jobs in Cape Town.
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How the Israel-Iran war is hitting South Africans in the pocket
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China Premier Li meets Samsung boss, vows to help foreign firms
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Airbnb promises to combat sex work in rentals during Paris Games
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UK parliament to debate law phasing out smoking
The UK parliament will on Tuesday kick off its first debate on Prime Minister Rishi Sunak's planned legislation to prevent young people from ever smoking, despite opposition from many in his own Conservative Party. "This has the potential to phase out smoking in young people almost completely as early as 2040," the government said when it unveiled the plan, calling the move "historic".
Stellantis boss Tavares defends pay rise ahead of shareholders' vote
Stellantis chief executive Carlos Tavares has defended his 36.5 million euro ($38.75 million) pay package ahead of a vote Tuesday by the car giant's shareholders.
'Bad for business': Gulf states scramble to avert wider war
Gulf states are grappling with the widening Middle East conflict as hostilities between Iran and Israel threaten their security and ambitious plans to reshape their economies. The Gulf countries share an "overall realisation that conflict is bad for business and avoiding conflict comes now almost at any cost", said King's College London Middle East analyst Andreas Krieg.
Equities sink, oil rallies on fears of Iran-Israel conflict
Asian stocks fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented attack on his country at the weekend. Oil prices rose in Asian trade, having slipped Monday on hopes for a de-escalation following US calls for Israeli Prime Minister Benjamin Netanyahu to "take the win" and forgo a counterattack.
Even as Olympic costs climb, France says they are quite cheap
The final bill for the Paris Olympics is still unknown but, depending on the point of view, are likely to be expensive compared to original estimates or cheap, when set against other recent Games. Oudea-Castera also argued that compared to the other Summer Olympics this millennium, even a final total bill close to 10 billion euros would be cheap.
China posts forecast-beating growth in first quarter
China's economy grew far more than expected in the first quarter of 2024, data showed Tuesday, even as it is buffeted by a property-sector crisis and flagging consumer activity. It reflects "the fundamental policy shift from a focus on (the) consumer market and service sector to... industrial growth", she added.
Pakistan and IMF discussing new multi-billion-dollar program, finance minister says
Pakistan has initiated discussions with the IMF over a new multi-billion dollar loan agreement to support its economic reform program, its new finance minister told AFP on Monday.
Swiss watch brands making time for India
Swiss watchmakers are increasingly turning their sights towards India thanks to a new free trade agreement that is due to gradually open the doors for luxury timepiece exports.
Cheap Chinese steel threatens jobs in Latin America
Latin American metal workers are clamoring for higher import tariffs as cheap Chinese steel floods the region, threatening hundreds of thousands of jobs linked to the industry. As the pressure increases, steel plant bosses and workers in countries like Chile and Brazil -- the top producer in the region and number nine in the world -- are pressing governments for higher import tariffs.
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