Hollywood Celebrates as Screen Actors Guild Ends 118-Day Strike
In a momentous turn of events, Hollywood is rejoicing as the Screen Actors Guild (SAG-AFTRA) has officially concluded its prolonged 118-day strike. This marks the end of a strenuous period that had brought the entertainment industry to a standstill. The resolution comes after a tentative agreement was reached between the actors’ union and studios, paving […]
Google’s Strategic Shift: The Unforeseen Withdrawal of Fitbit and Nest Products in South Africa
In a surprising turn of events, Google has decided to halt the sale of Fitbit and Nest products in certain countries, South Africa included. This decision aligns with the company’s broader strategy of adjusting its hardware portfolio to match the regional availability of its Pixel devices. Fitbit, with its longstanding presence in South Africa dating […]
South Africa’s Mining and Manufacturing Sectors Grapple with Ongoing Challenges
South Africa’s economic landscape is navigating troubled waters as its mining and manufacturing sectors endure a persistent downturn. For the third consecutive month, the mining industry has experienced a decline in output, primarily attributed to the relentless pressures stemming from logistics and energy crises. Statistics South Africa (Stats SA) recently released data highlighting a nearly […]
Disney boss declares new era after job cuts
The big problems at Disney have been fixed, the boss of the entertainment giant has told investors. Boss Bob Iger said he believed the company was entering a new “era of building”, after a painful year focused on job cuts and restructuring. He said the moves were paying off in bigger savings and other growth. […]
Big blow for Multichoice
Multimedia group Multichoice has warned shareholders to expect a headline loss when it reports its finances for the six months ending 20 September next week. Compared to the first half of 2022, the group expects the loss per share for the current period to be between 248 cents and 252 cents lower than the prior […]
