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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South African unemployment rate for women continues to rise as South Africans face hopelessness
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Major Baltimore bridge collapses after ship collision
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New farmer show of force as EU ministers tackle red tape
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Mideast-related oil price spike threatens 'relatively good' economic outlook: IMF chief economist
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Starbucks Middle East franchise cuts jobs amid Gaza war
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Cargo ship damaged by Huthi strike sinks: Yemen government
A cargo ship loaded with fertiliser has sunk in the Gulf of Aden less than two weeks after it was damaged by missiles from Yemen's Huthi rebels, Yemen's government said Saturday. Since November, the Huthis have been carrying out attacks on ships linked to Israel in the Red Sea and the Gulf of Aden, saying they are acting in solidarity with Palestinians in the Gaza Strip.
South African drivers brace for fuel hike, March prices projected beyond R24 per litre
South Africans will be paying for more than R24 a litre for petrol from the 6 of March 2024. The main drive behind the coming hikes is the global oil price.
Asia's richest man takes global rich to the zoo
Top global celebrities will don "jungle fever" outfits in India for a trip to the zoo on Saturday as part of a party thrown by Asia's richest man. In the evening, reports added, guests will ditch their safari-themed outfits for more elegant wear for an evening party celebrating Indian culture.
Europe battles powder shortage to supply shells for Ukraine
Hard-to-find gunpowder is hindering Europe's scramble to provide hundreds of thousands of shells for Ukraine's defensive effort against Russian invaders, with solutions only starting to emerge. "For now, the Ukrainians are short of shells... the Russians don't have a shortage since they got stocks from the North Koreans, but it could happen in the coming months," he added.
Spirit Aerosystems shares surge on report of possible Boeing buy
Shares of Spirit AeroSystems surged Friday following a report it could be bought by Boeing as the aviation giant seeks to right itself amid its latest safety crisis. The company went public as Spirit AeroSystems in November 2006.
Eurozone inflation dips further in February
Eurozone inflation continued to ease in February, data showed Friday, but economists warned it was unlikely to push the European Central Bank to cut interest rates next month.
Crime groups shifting to fraud schemes in EU: bloc's prosecutor
Organised criminal groups are switching from riskier drug rackets to fraud in the EU and many don't hesitate to use violence to protect their activities, the bloc's chief prosecutor told AFP in an interview. "Behind this fraud in general there are a few organised crime groups that operate everywhere in Europe.
'Difficult discussions' as WTO talks extended for third time
The world's trade ministers entered a last stretch of talks on Friday following overnight negotiations as a major World Trade Organization conference postponed its closing session for a third time. "In order to give more time for negotiations, the formal closing Session of MC13 has now been postponed."
Swiss central bank head steps down in surprise move
The head of Switzerland's central bank, Thomas Jordan, will step down in September after 12 years in charge, the bank said in a surprise statement Friday. "The Bank Council and the Governing Board greatly regret Thomas Jordan’s decision, and express their sincere thanks for his many years of outstanding commitment in the interests of a stability-oriented monetary policy," it said.
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