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Tech venture capital titan Andreessen Horowitz raises $7.2 bn
Silicon Valley venture capital star Andreessen Horowitz said Tuesday it had raised $7.2 billion to invest in startups behind games, apps, artificial intelligence and more. Other "strategies" targeted for investment were apps, games, "American Dynamism," and tech "infrastructure" including artificial intelligence (AI).
'We are not Fed-dependent,' ECB chief says on rate cuts
European Central Bank president Christine Lagarde suggested Tuesday that the regulator could lower interest rates before a similar move by the US Federal Reserve, saying "we are not Fed-dependent." "It's on that basis that we have to make our decision and not on the basis of any central bank in the world, be it the Fed."
Canada budget woos young voters, asks rich to pay more
The government of Canadian Prime Minister Justin Trudeau on Tuesday unveiled a federal budget that seeks to woo young voters while asking the wealthy to pay higher taxes. "Today, it is possible for a carpenter or a nurse to pay tax at a higher marginal rate than a multi-millionaire," Freeland told lawmakers.
Canada budget forecasts 'soft landing' in 2024, avoiding recession
Canada is expecting a "soft landing" this year and will avoid a recession due to slightly improved growth despite relatively high interest rates weighing on the economy, the government's federal budget said Tuesday.
US Fed's Powell says inflation fight may take 'longer than expected'
The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the US central bank said Tuesday, further paring back the chances of early rate cuts. In March, Fed policymakers penciled in three rate cuts for this year, leading markets to price in the first of them as early as June.
Young woman selling vegetables on South African streets gets encouraged
Witness the heartwarming story of a street vendor's hustle and determination captured in a TikTok video that inspired South Africans and went viral.
EFF dominates Ekurhuleni’s 10-member Mayoral Committee
Newly elected Ekurhuleni Mayor Nkosindiphile Xhakaza revealed five EFF members in his 10-member mayoral committee in a move described as a show of commitment.
Man helps two ladies stuck on a busy road, Mzansi applaud him: "Ubuntu in big numbers"
A Facebook post of a young man helping two women stuck on a busy road has gone viral. South African online users loved how the gent showed Ubuntu.
Here is all you need to know about Fezile Makhanya
Who is FEZILE MAKHANYA? Find out everything you did not know about the famous Fezile. Explore his age, early life, family, sister, wife, wedding pictures.
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