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17.06.25 - 18:36
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Africa: Multichoice Loses 1.2m Subscribers but Returns to Profit On Cost Cuts (AllAfrica)
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[Daba Finance] MultiChoice Group reported a net profit of R1.8 billion (over US$100 million) for the fiscal year ending 31 March 2025 The drop represents an 8% decline, with losses evenly split between South Africa and the rest of the continent In South Africa, households facing a cost-of-living crisis were forced to cancel DStv subscriptions, impacting all market segments....
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30.05.25 - 17:48
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Trump Tariff Reprieve; Gaza Ceasefire Proposal | Horizons Middle East & Africa 05/30/2025 (Bloomberg)
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A federal appeals court has temporarily blocked a ruling that threatened to throw out the bulk of President Donald Trump's tariff agenda. Also on the show: Trump pushed Fed Chair Jerome Powell to cut rates at their first in-person meeting since his inauguration; the White House says a Gaza ceasefire proposal has been submitted to Hamas; defense ministers and senior military figures are in Singapore for the annual Shangri-La Dialogue; oil is set for its second weekly decline ahead of OPEC+ meeting; the US is considering a deal with Rwanda to accept deportees; Google and the US Department of Justice are slated to offer closing arguments in an antitrust case. Guests include: Ozan Özkural, Tanto Capital Partners, Founder & Managing Partner; Livia Gallarati, Energy Aspects, Global Crude Lead. (Video has been edited to remove reporter misstatement of figure during story on Africa Development Bank.) (Source: Bloomberg)...
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05.05.25 - 11:00
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From Sri Lanka to Tanzania: the pioneering hotels run entirely by women (The Guardian)
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In countries where tourism is still a male domain, all-female establishments are providing much-needed job opportunitiesIt took Jeewanthi Adhikari a decade to get the promotion she wanted working in the tourism industry in Sri Lanka. For years, she watched as men with less experience were promoted before her.“Even if I got to interview,” says Adhikari, 42, “the interviewer would be judging me, asking if I might get married, or have children and then suggesting family commitments would take over.” Continue reading......
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18.04.25 - 17:12
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From Sidemen to MrBeast: how YouTube and its creator economy took over TV (The Guardian)
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Stars and their high-quality content enable streamers and others to pull in younger audiencesFrom MrBeast creating the world's most expensive reality TV show and Jake Paul's record-breaking clash with Mike Tyson to the British supergroup Sidemen's Netflix deal, YouTube's superstar creators are taking over mainstream television.Last month Netflix launched the second series of Inside, the Sidemen's reality show that was a hit when the first run of episodes premiered on YouTube. Continue reading......
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28.03.25 - 11:51
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Commercial Submarine Carrying Russian Tourists Sinks Off Egyptian Coast (ZeroHedge)
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Commercial Submarine Carrying Russian Tourists Sinks Off Egyptian Coast
Reports surfaced earlier that a submarine carrying Russian tourists sank off Egypt's Red Sea coast, killing at least four people. The New York Times cited a statement from the Russian Embassy and Egyptian local media outlets.
Here are more details about the undersea incident that occurred in the waters 300 miles or so southeast of Cairo, near one of Egypt's top tourist hubs along the Red Sea:
The vessel was believed to be carrying about 45 people on a tour in the waters off the coast near Hurghada, a popular resort nearly 300 miles southeast of Cairo.
The embassy reported the deaths in a statement posted on social media, which also said that all the tourists on board were Russian.
Local news outlets reported at least six dead, but the numbers could not immediately be verified. Nine people were injured and were taken to a nearby hospital, and rescue workers pulled 29 people out of the water, the news reports said. -NY...
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27.03.25 - 14:36
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At least six dead after tourist submarine sinks off Egypt coast, say reports (The Guardian)
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About nine people also thought to have been injured in incident on 44-seater vessel at Red Sea resort Six feared dead in Red Sea sinking – latest updatesAt least six people have reportedly died and nine have been injured after a 44-seater tourist submarine sank off the Egyptian Red Sea resort of Hurghada.The incident, involving a recreational vessel operated by Sindbad Submarines, occurred in waters opposite Hurghada's Marriot hotel resort. Continue reading......
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