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Sinazo Ntsonge

Sinazo Ntsonge

PhD Graduate, Department of Economics and Economic History, Rhodes University, Rhodes University

South Africa’s ‘working for water’ programme is meant to lead to skills and jobs: why it’s failing

Feb 25, 2025 07:49 am UTC| Insights & Views Business Economy

South Africas Expanded Public Works Programme is part of its social safety net. It complements the countrys social grants system, which has over 28 million recipients. The public works programme helps fill a gap for people...

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Economy

S&P Cuts ASX Credit Rating Amid Governance and Risk Management Concerns

SP Global Ratings has downgraded the Australian Securities Exchanges issuer credit rating to A+/A-1 from AA-/A-1+, just two weeks after Australian regulators publicly flagged serious governance and risk management failures...

U.S.-Iran War Talks Resume Amid Economic Pressure and Ceasefire Uncertainty

The Trump administration signaled cautious optimism Wednesday over ending its ongoing war with Iran, while simultaneously threatening tighter economic measures if Tehran refuses to cooperate at the negotiating table....

Asian Currencies Hold Steady Amid U.S.-Iran Ceasefire Hopes and Soft U.S. Inflation Data

Asian currencies traded within a narrow range on Wednesday as investors awaited further developments in U.S.-Iran ceasefire negotiations, while softer-than-expected U.S. inflation data offered modest relief to markets. The...

Gold Prices Ease From One-Month High Amid Iran Ceasefire Uncertainty

Gold prices slipped slightly from a one-month peak during Asian trading on Wednesday, with investors closely watching developments between the United States and Iran as a fragile ceasefire deadline approaches next week....

Strait of Hormuz Oil Shipments Resume Amid U.S.-Iran War Tensions

Global energy markets remain on edge as the U.S. blockade on Iranian ports continues to disrupt shipping through the Strait of Hormuz, a critical chokepoint that normally handles roughly one-fifth of worldwide oil and gas...

Politics

DHS Shutdown Delays World Cup Security Planning Despite Full Funding Release

The U.S. government has successfully released all $625 million in federally approved security funding for the 2026 FIFA World Cup, but an ongoing shutdown at the Department of Homeland Security continues to disrupt...

Brazil's Former Intelligence Chief Alexandre Ramagem Released from U.S. Immigration Custody

Paulo Figueiredo, a close ally of former Brazilian President Jair Bolsonaro currently residing in the United States, confirmed on Wednesday that Alexandre Ramagem Brazils former intelligence chief has been released from...

Russia Unleashes Massive Drone and Missile Barrage on Ukraine, Killing Civilians

Russia launched one of its most intense aerial assaults on Ukraine in recent memory, deploying hundreds of drones and missiles over a 24-hour period that left civilians dead, residential buildings destroyed, and critical...

Justice Jackson Slams Supreme Court's Growing Use of Shadow Docket

Supreme Court Justice Ketanji Brown Jackson has intensified her public criticism of the conservative-majority courts increasing reliance on its emergency docket a fast-track legal pathway that has repeatedly been used to...

Iran Offers Partial Strait of Hormuz Access Amid U.S. Peace Talks

A source briefed by Tehran told Reuters that Iran may be willing to allow vessels to navigate freely through the Omani side of the Strait of Hormuz as part of ongoing ceasefire negotiations with the United States. The...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges

ASML Holding N.V. lifted its full-year 2026 revenue forecast after the Dutch semiconductor equipment giant surpassed first-quarter profit and sales expectations. The results were fueled by accelerating AI-driven chip...

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban

Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring

Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...

DEEPX Partners with Hyundai to Power Next-Gen AI Robots Ahead of IPO

South Korean AI chip startup DEEPX is deepening its collaboration with Hyundai Motor Group to build a cutting-edge computing platform for generative AI-powered robots. The initiative will be driven by the companys upcoming...

Anthropic Nears $800 Billion Valuation as Investor Confidence Surges

Anthropic, the artificial intelligence startup behind the Claude AI assistant, is reportedly fielding investment offers that could value the company at up to $800 billion. According to Business Insider, multiple venture...
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