• Savings can help stokvels beat power cut blues

    Savings can help stokvels beat power cut blues0

    But the cost of alternative energy solutions can be daunting, the risk of losing productivity makes them a more viable option, he says. Nkosi says this is why group savings initiatives like stokvels could be useful to help stokvel members beat power cut blues. “The cost of living in South Africa keeps rising, and with

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  • Inside South Korea’s race to become one of the world’s biggest arms dealers

    Inside South Korea’s race to become one of the world’s biggest arms dealers0

    JOINT PRODUCTION Officials in Seoul told Reuters that they pitched Poland on producing South Korean weapons there to make it easier to deliver to European customers. “The Korean government is promoting military diplomacy and defence co-operation so that the relationship with the purchasing country can develop into various partnerships beyond just a seller-buyer relationship,” South

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  • Foreign investors withdrew $36bn after selling businesses in Russia

    Foreign investors withdrew $36bn after selling businesses in Russia0

    Foreign investors who left Russia after selling their businesses there between March 2022 and March 2023 withdrew about $36bn (R708bn) from the country, the state RIA news agency reported on Monday, citing analysis of data from the Central Bank. Scores of the world’s biggest companies have left or scaled back their operations in Russia in

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