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China's inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world's second-largest economy. A debt crisis in the real estate sector and high unemployment are weighing on the economy and contributing to a slump in demand.
After two years following a fire which ravaged the Parliamentary building, contractors have received approval to commence reconstruction at the Cape Town site.
Former Minister of Finance Tito Mboweni recently got himself a job. Mboweni was appointed as a chancellor at the Sefako Makgatho Health Sciences University.
Former Fort Hare University's Senior Director Isaac Plaatjies launched a bid with the SCA to be released on bail in his fraud and corruption case.
US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities. On Friday, Yellen said further action is needed to promote sound operations and address liquidity and other risks.
Mzansi's exotic dancer and reality TV star Zodwa Wabantu trended after a video of herself steaming under a huge plastic trying to get rid of evil spirits went viral.
Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company.
ANC Secretary General Fikile Mbalula has changed vehicles after criticism for using Anwar Khan's armoured Mercedes-AMG G63 who is embroiled in the Fort Hare scandal.
A senior official at the US central bank said Friday that she doesn't expect any interest rate cuts this year following a recent uptick in inflation. After easing significantly last year, inflation has accelerated once more since the start of the year, causing concern among Fed officials as they contemplate the right time to start lowering rates.
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