Feed: News24 - Business
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News24.com | EXPLAINER | The climate handbook for a 'liveable' future
Earth is hotter than it has been in 125 000 years, and resulting extreme weather conditions will put a "liveable" future at risk.
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News24.com | Germany sees progress in EU talks for ban on fossil fuel cars
Talks between Germany's Transport Ministry and the European Commission about the planned end of new combustion engines from 2035 are moving forward.
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News24.com | Steam cuisine: cooking in Japan's hot springs
Using geothermal resources to generate electricity is a divisive prospect in Japan, but there is little disagreement about another use for it: natural steam for cooking.
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News24.com | OPINION | The myth of consent: How well do data privacy laws really protect consumers?
Consumers may be overestimating the degree to which their data is protected by regulations, writes Ahmore Burger-Smidt.
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As many as 22 civil society organisations in SA on Human Rights Day have called on the public relations and advertising industry to stop doing business with fossil fuel companies.
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News24.com | Somalia drought could lead to 135 deaths a day - UN study
The record drought sweeping the Horn of Africa may lead to 135 deaths a day in Somalia between January and June this year, the health ministry, WHO and UNICEF said in a study.
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News24.com | Amazon to cut 9 000 more jobs, including at AWS and Twitch
Amazon.com is laying off an additional 9 000 employees, adding to cuts that were already the largest round of firings in the company’s history.
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News24.com | Deadly Air case: Creecy granted leave to appeal
A high court has granted Minister Barbara Creecy leave to appeal aspects of a judgment related to the air pollution in the Highveld Priority Area.
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News24.com | Rising airline emissions could trigger global caps as early as 2024
Rising airline traffic is expected to trigger global emissions-related requirements as early as next year according to a top airline trade group.
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News24.com | JSE up, rand weaker, as market eyes EFF shutdown and the Fed
The JSE was lifted by rand hedges and precious metals miners on Monday, amid global jitters over recent banking crises abroad, with the rand showing some pressure as the national shutdown continues.
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News24.com | UN to deliver diagnosis, prescription for climate crisis
The UN will release a report distilling nearly a decade of published science on the impacts and trajectory of global warming, and the tools to prevent a climate catastrophe.
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News24.com | UN holds rare conference on global water crisis
With water scarce in some places, in excess elsewhere, polluted or otherwise problematic, the United Nations addresses this week a global crisis that has been long overlooked.
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News24.com | Art auctions hit record in 2022 despite economic gloom
More than a million artworks were put up for auction for the first time in 2022 despite a gloomy global economy, according to a report released on Tuesday.
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News24.com | Cryptoverse: New breed of bitcoin NFTs sell for millions
Imagine digitally inscribing 3D images of objects such as multi-coloured spheres onto a tiny fragment of bitcoin. Then imagine selling them for $16.5 million.
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News24.com | What makes Cyclone Freddy an exceptional storm
Cyclone Freddy, which has twice smashed into the African coast after traversing the Indian Ocean, may be enshrined in the history books as the longest ever documented, meteorologists say.
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News24.com | MONEY CLINIC | What are my rights and responsibilities when it comes to insurance?
Wynand van Vuuren, client experience partner at King Price insurance, unpacks the rights and responsibilities of a consumer when it comes to insurance.
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News24.com | Kganyago warns SA against reliance on mining windfalls
SA’s central bank chief cautioned the government against relying on windfall taxes from high commodity prices to help service state debt and fund other short-term commitments.
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News24.com | SA should follow Australia’s lead in allowing psychedelic therapies, say experts
South Africa should follow Australia’s lead in allowing healthcare professionals to use psychedelic drugs in the treatment of certain mental illnesses, some business leaders and psychologists say.
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News24.com | Load shedding can't compete with health, human life - environmental groups
The state of disaster on the energy crisis shouldn't be seen as an opportunity to bring more power online, at the expense of people and the planet, says a climate activist.
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News24.com | EXPLAINER | What can you do if your retirement annuity is worrying you?
Don’t let an existing retirement annuity you have concerns about stop you from doing the right thing for your retirement – continuing to save.
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News24.com | Credit Suisse meets to weigh options, under pressure to merge with UBS
Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG.
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News24.com | World's central banks walk interest rate tightrope
The world's central banks are juggling whether to raise interest rates further in order to reduce inflation, and with the banking sector in turmoil, the stakes are especially high.
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News24.com | Dysfunction in 'wildly illiquid' bond markets unnerves investors, officials
Wild price swings in government bonds on a scale not seen in decades given banking sector turmoil have sparked concern about the smooth functioning of a market considered vital to the global financial
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News24.com | Uber drivers end strike after agreement with vehicle financier Moove
Moove, the Nigerian-founded flexible-car-ownership company at the centre of a dispute that saw Uber drivers down keys this week in Johannesburg, said on Friday the strike had come to an end.
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News24.com | Volkswagen to invest in mines in bid to become global battery supplier
Volkswagen plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to third-party customers, the carmaker's board member in charge of technology said.
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News24.com | WATCH | Waste pickers help combat climate change
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News24.com | Uber strike: Drivers say they fear they'll lose their cars in spat with third party
More than a 100 Uber drivers who say they are being forced to sign a new contract with an independent flexible car ownership company, Moove, went on a two-day strike in Johannesburg this week.
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Royal Bafokeng Platinum's long-serving CEO Steve Phiri was named News24's first CEO of the Year at a gala event in Cape Town on Thursday evening.
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News24.com | News24 Awards: Woolworths wins Company of the Year
Woolworths was named News24's inaugural Company of the Year at a gala event in Cape Town on Thursday evening.
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News24.com | News24 Awards: Investec wins Bank of the Year
Investec was named News24's inaugural Bank of the Year at a gala event in Cape Town on Thursday evening.
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News24.com | News24 Awards: Bonitas wins Medical Scheme of the Year
South Africa's second-largest open medical scheme Bonitas was named News24's inaugural Medical Scheme of the Year at a gala event in Cape Town on Thursday evening.
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News24.com | News24 Awards: OUTsurance wins Short-term Insurer of the Year
OUTsurance was named News24's inaugural Short-term Insurer of the Year at a gala event in Cape Town on Thursday evening.
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News24.com | News24 Awards: Sanlam wins Long-term Insurer of the Year
Sanlam was named News24's inaugural Long-term Insurer of the Year at a gala event in Cape Town on Thursday evening.
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News24.com | Germany to pump R300m into green industries in coal-heavy Mpumalanga
The JUST SA project, which was launched this week, seeks to aid the just transition in the Mpumalanga province, where jobs and livelihoods are heavily reliant on the coal value chain.
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News24.com | Motsepe's African Rainbow Capital spends another R1bn on investments
African Rainbow Capital spent more than R1 billion on acquisitions in the six months to 31 December 2022, a big chunk of which went towards Kropz Plc.
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News24.com | Stocks waver after ECB rate hike
Stock markets wobbled on Thursday after the ECB went ahead with a big interest rate hike despite fears of a banking crisis.
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News24.com | ECB sticks to rate hike plan despite banking turmoil
The European Central Bank raised interest rates by 50 basis points on Thursday as promised to curb inflation, ignoring financial market chaos.
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News24.com | UK trophy hunting bill irks African conservationists
A bid to ban the import of hunting trophies to Britain has upset conservationists in southern Africa, with some saying the bill is counterproductive and smacks of colonialism.
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News24.com | Investec lifts after flagging earnings jump
Shares in Investec lifted more than 3% on Thursday, outperforming its SA banking peers, after it flagged profit growth of more than fifth, while saying it still has the cash to pursue share buybacks a
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News24.com | EU to unveil green tech plans to take on US, China
The EU will reveal hotly debated proposals on Thursday to boost spending on clean tech, possibly overcoming internal divisions to include nuclear energy in the mix.
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News24.com | SA firms see inflation quickening before rate decision
South African inflation expectations rose at the start of 2023, suggesting the central bank may keep interest rates higher for longer.
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The proposed joint venture would create the largest gold mine in Africa and one of the largest in the world.
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News24.com | Exxaro profit climbs even as Transnet woes hit exports
Earnings soared despite a 32% drop in export sales.
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News24.com | Credit Suisse to borrow nearly R1 trillion from Swiss central bank
Credit Suisse announced Thursday that it would borrow almost $54 billion from the Swiss central bank to reinforce the group after a plunge in its share prices.
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News24.com | STOCK TAKE | Facebook gets leaner, and meaner
Our view on the business stories of the day.
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News24.com | SEE | Companies are branding potholes they fix - as irate Joburgers tag the ANC
While Joburgers express their anger over a lack of service delivery by tagging the ANC in spray-painted pothole graffiti all over the city, two competing insurance companies are branding their own eff
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News24.com | Britain considers coal power back-up for next winter
Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter.
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News24.com | South African shares lose R1 trillion in seven days
A global slump in stocks dragged South Africa’s benchmark equity index lower for a seventh day on Wednesday, the longest losing streak for the market since October 2018.
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News24.com | Santam buys MTN's R400m device book
Africa's largest short-term insurer Santam has agreed to buy MTN SA's mobile telecommunication firm’s device insurance book, which has just over 400 000 policies and an annual gross written premium va
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News24.com | Diesel may be cut in April, but petrol is edging higher
The petrol price could be hiked in the first week of April, but diesel and illuminating paraffin may become cheaper, the latest data from the Central Energy Fund (CEF) shows.