SoftBank’s Arm registers for blockbuster U.S. IPO
NEW YORK, April 29 (Reuters) – SoftBank Group Corp’s (9984.T) chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, Arm said on Saturday, setting the stage for this year’s largest initial public offering. The IPO registration shows that Softbank is pressing ahead with the blockbuster offering despite adverse market conditions, after […]
De Ruyter could land in deeper trouble
Former Eskom CEO Andre de Ruyter is under severe scrutiny due to a potentially illegal, privately funded covert surveillance operation into the embattled power utility. As reported by City Press, government institutions, including parliament, the State Security Agency (SSA) and the Public Enterprise’s department, want to know how Eskom secured the services of unvetted operatives who had […]
The Battle for Better Healthcare: Nurses Strike in England
On Monday, nurses in England walked out once again, causing critical services to be affected for the first time. The strike was the latest in a long-running dispute between the government and nurses over pay and working conditions. The 28-hour strike came after the Royal College of Nursing (RCN) rejected a 5% government pay increase […]
Higher Education Department Takes Action Against Corruption at University of Fort Hare
The Higher Education Department has called on law enforcement agencies to intensify their investigations into corruption at the University of Fort Hare. The call comes after the vice chancellor, Professor Sakhela Buhlungu, revealed incidents of widespread corruption at the institution, ranging from his signature being forged to attempts to stop cases from being taken to […]
Cosatu Fights for Fair Wages and Workers’ Rights
The Congress of South African Trade Unions (Cosatu) has been working tirelessly to advocate for workers’ rights in South Africa. One of their key objectives is to push for a higher minimum wage for workers, as they believe this will help workers keep up with the rising cost of living. Cosatu has also been calling […]
ANC President Cyril Ramaphosa Addresses Workers at Cosatu’s Worker’s Day Rally
On the first of May, Cyril Ramaphosa, the president of the African National Congress (ANC), addressed a May Day rally organized by the Congress of South African Trade Unions (Cosatu) in Bethlehem, Free State. The aim of the event was to bring together workers across the country to celebrate their contributions to society and to […]
Twitter to take 10% cut on content subscriptions after 12 months
TWITTER chief Elon Musk said on Friday (Apr 28) that the social media platform will take a 10 per cent cut on content subscriptions after the first year, as the company looks to monetise content on the website in a bid to diversify its revenue sources. Earlier this month, billionaire owner Musk said users […]
