South Africa's Reserve Bank plans to eliminate the prime interest rate, transitioning to repo rate loans and adopting ZARONIA, improving transparency in lending.
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EU chief plunged into controversy over top job pick
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Eastern Cape has the highest unemployment rate in South Africa, netizens disappointed
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Private sector hiring in US cools more than expected: ADP
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Fly larvae: Costa Rica's sustainable protein for animal feed
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My Beauty Expo 2026 Launches Pan-African Vision at Official Media Briefing in Sandton
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EU lawmakers back transparency rules for Airbnb-style rentals
The European Parliament approved new data-sharing rules Thursday that clamp down on illegal short-term rentals to protect the residents of European cities -- many of whom face shortages of affordable housing.
British Airways owner IAG, Air France-KLM post bumper profits
Europe's aviation industry extended a bounceback from the Covid pandemic on Thursday, as British Airways owner IAG and Franco-Dutch rival Air France-KLM posted bumper 2023 profits.
WTO ministers struggle to forge fish, farm, digital deals
World trade ministers were locked in disagreement on fisheries subsidies, agriculture and digital customs duties as a major WTO conference entered its last scheduled day on Thursday. They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.
WTO talks enter final day with no clear sign of progress
The World Trade Organization's 13th ministerial conference (MC13) in Abu Dhabi entered its last scheduled day on Thursday, with major issues still stuck in the weeds. As of Thursday morning, there were no major signs of a breakthrough, with a formal closing session initially scheduled for 8:00 pm (1600 GMT) pushed to midnight (2000 GMT).
Liverpool announce £9 mn loss for 2022/23 season
Liverpool made a pre-tax loss of £9 million ($11.4 million) last season as increased commercial income failed to offset a drop in media and matchday revenues, the club's latest accounts revealed on Thursday.
European consumers challenge Meta paid service as privacy 'smokescreen'
Consumer groups from eight EU countries lodged complaints on Thursday against Meta, accusing the US company of illegally processing user data and using its "pay or consent" system as a "smokescreen" for privacy breaches.
Asian markets track Wall Street losses
Asian shares mostly fell on Thursday tracking US losses ahead of the release of crucial inflation data later in the day that will help chart the Fed's rate cut timeline.
From edge of extinction to Australia's croc 'paradise'
If you want a snappy death, one expert's advice is to leap into a river near the Australian city of Darwin -- within minutes, you'll be in the jaws of one of the hundreds of crocodiles that stalk its murky waters. The creature launched its hulking body upwards, its jaws at full stretch, before clamping its teeth deep into the flesh and splashing back into the water.
After uproar, Wendy's says it won't raise burger prices at peak times
Restaurant chain Wendy's said Wednesday it will not raise prices for hamburgers and other items at peak times, clarifying recent comments that sparked criticism of the fast-food company. "This was misconstrued in some media reports as an intent to raise prices when demand is highest at our restaurants," Wendy's said.
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