Telkom shares soar as Sipho Maseko’s acquisition bid confirmed
Read More Telkom’s share price soared close to 8% on Monday morning after the partly state-owned company’s confirmation that it is being courted for acquisition by a consortium led by former chief executive Sipho Maseko. In a statement responding to media speculation surrounding the bid, Telkom said it had received an unsolicited non-binding indicative letter […]
UK mortgage turmoil continues as Santander pulls deals for new borrowers
Read More Santander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating. Days after HSBC temporarily pulled down the shutters, Santander told mortgage brokers that it would stop accepting new applications for […]
Philadelphia I-95 Collapse Creates Chaotic Commutes
Drivers began longer commutes Monday after an elevated section of Interstate 95 collapsed in Philadelphia a day earlier following damage caused by a tanker truck carrying flammable cargo catching fire.
Police: 3 Dead, 3 Wounded in Shooting at Maryland Home
Three people were killed and three wounded in a shooting Sunday night at a house in Maryland’s capital city, police said. Annapolis Police Chief Edward Jackson told reporters at a media briefing that the shooting stemmed from what he described as an “interpersonal dispute”…
Guided by a greater purpose
Read More Thami Majola, Executive Head of Brand Marketing & Communications at Vodacom As consumers are increasingly drawn to brands that are not just focused on profit, Vodacom ramps up its commitment to young people, planet and possibility As one of the leading telecommunications providers in Africa, Vodacom believes in connecting for a better future […]
Ukraine accuses Russia of destroying another dam
Read More Ukraine has accused Russian forces of destroying another dam with the aim of slowing a counteroffensive launched by Kyiv. As rescue and relief efforts entered their seventh day for victims of the destruction of the Kakhovka hydroelectric station in Kherson region, the Russian military was accused of blowing up a much smaller dam […]
US Rejoins UNESCO, Pays Back Over $600 Million in Dues
U.N. cultural and scientific agency UNESCO announced Monday that the United States plans to rejoin – and pay more than $600 million in back dues – after a decade-long dispute sparked by the organization’s move to include Palestine as a member. U.S. officials say the decision…
Silvio Berlusconi, controversial Italian ex-prime minister, dead at 86, his media company says
Former Italian Premier Silvio Berlusconi has died at the age of 86, his former TV network reported Monday. “Berlusconi is dead,” Mediaset declared on its homepage Monday. The billionaire media mogul, businessman and iconic Italian politician who was caught up in multiple high-profile scandals leaves behind five children. ITALY’S BERLUSCONI REPORTEDLY IN ICU WITH RESPIRATORY […]
Wedding bus crashes in Australia, killing 10 and injuring 25; country’s deadliest since 1994
A bus carrying wedding guests in Australia’s wine country rolled over Sunday night, killing 10 people and injuring the other 25 passengers, police said. The guests attended a wedding at the Wandin Estate Winery and were traveling to the town of Singleton when the crash took place at a roundabout in Hunter Valley, north of […]
Questioning state and corporate motives should be routine
Read More The South African state has a long history of corporate entanglement. In the latter half of the 1600s, the Dutch East India Company established the first European settlement in Southern Africa, pioneering the expansion of the region’s colonial economy. After the company’s collapse in the late 1700s, British imperialism in South Africa found […]