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Economics at timeslive.co.za

Friday, Jul 26

22

'Selfish decision': E-hailing drivers denounce Uber's 3-year vehicle age limit requirement

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Masanhloane joined the Uber platform early last year after purchasing his 2021 Kia vehicle through bank vehicle finance.

17

Land Rover Discovery gets 35th anniversary model and more diesel power

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Land Rover has enhanced specifications across the Discovery line-up

15

WATCH | Malema says he did not understand VBS Bank 'donations' to be bribes

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EFF leader Julius Malema says he was not aware the donation then VBS Mutual Bank chairperson Tshifhiwa Matodzi offered to the party was a bribe.

13

Hungary flags 2025 pre-election stimulus as economic recovery falters

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Hungary's economic recovery from an inflation-led downturn will be weaker than hoped for, Economy Minister Marton Nagy said late on Thursday, flagging stimulus measures for households and small businesses in the 2025 pre-election year.

11

RECORDED | Chief justice Zondo presents Annual Judiciary Report

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Chief justice Raymond Zondo is on Friday presenting the 2022/23 Annual Judiciary Report.

10

Toyota to build EV battery plant for Lexus cars: Nikkei

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Japan's Toyota Motor plans to build a new battery plant for electric vehicles in Fukuoka.

08

WATCH | VBS forum wants bank back

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"People who got money unlawfully need to bring back the money."

Thursday, Jul 25

22

Sanral warns motorists about fake news posts about support services

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The roads agency says a fake post has spread misleading information

20

Ramaphosa appoints Mandisa Maya as SA's first woman chief justice

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President Cyril Ramaphosa has appointed Mandisa Maya as the country’s chief justice, effective September 1

19

Elon Musk never told me about any $45m donation — Trump

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Donald Trump on Thursday said billionaire and Tesla CEO Elon Musk never told him he planned to give $45m (R825.5m) for Trump's election campaign, adding he disagrees with any electric car mandate.

17

FIRST DRIVE | New eight-speed auto BAIC B40 Plus is a smooth operator

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Take a drive in the new Chinese brand BAIC B40 Plus with an eight-speed automatic transmission.

Stellantis ready to axe brands and fix US problems, says CEO Tavares

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Stellantis is taking steps to fix weak margins and high inventory at its US operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its CEO Carlos Tavares said on Thursday

15

WATCH | Ignition TV Buyer's Guide

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Join the 'Buyer's Guide' team as they help a first-time buyer purchase a reliable vehicle under the R350,000 mark. Sporty Mercedes-Benz roadsters come under the spotlight.

13

Meta oversight board tells company to clean up rules on AI-generated pornography

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Meta's Oversight Board on Thursday said the company's rules were “not sufficiently clear” in barring sexually explicit AI-generated depictions of real people and called for changes to stop such imagery from circulating on its platforms.

WATCH | Trump shooter searched online for JFK assassination, FBI director says

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The 20-year-old gunman who tried to kill Donald Trump did an online search of the John F. Kennedy assassination around the time he began to focus attention on the Republican presidential candidate, FBI Director Christopher Wray said on…

12

Boeing finalises 737 MAX guilty plea deal, US outlines reasons

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Boeing finalised a guilty plea to a criminal fraud conspiracy charge and agreed to pay at least $243.6 million after breaching a 2021 agreement with the US Justice Department, according to a court filing on Wednesday.

11

Biden says he's 'passing the torch' in speech from Oval office

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President Joe Biden said on Wednesday he had pulled out of the race against Republican Donald Trump because of his concerns about the future of the country, his first public remarks since his abrupt departure from the 2024 campaign.

10

Can’t get enough drama? Now you can with ‘Scandal!’

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SPONSORED | Get your fill as e.tv brings the intriguing soapie to you seven days a week

With Biden out, Trump, Harris trade barbs in reset US presidential race

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US President Joe Biden addressed the nation on Wednesday for the first time since dropping his reelection bid, saying he decided to forgo personal ambition to save democracy in a sedate Oval Office speech that contrasted with the rough-and…

09

Nissan Q1 profit falls 99%, shares hammered

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Japan's Nissan slashed its annual outlook after posting a 99% decline in first-quarter operating profit due to weak US sales performance on Thursday, sending its shares sharply lower.

Ford profit disappoints, stock falls 11% as quality issues dog carmaker

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Ford reported a dip in second-quarter adjusted profit on Wednesday as the carmaker continues to battle costly quality issues and an EV business that is weighing on its bottom line, sending shares tumbling 11% in after-hours trading.

Tesla's bleak margins sink shares as Musk hypes everything but cars

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Tesla shares tumbled 12% on Wednesday, evaporating almost $100bn (R1.84-trillion) in stock market value after CEO Elon Musk's talk of humanoid robots and driverless taxis failed to comfort investors worried about the electric carmaker's…

08

Egypt raises domestic fuel prices by up to 15% before IMF review

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Egypt raised the prices of a wide range of fuel products on Thursday, the official gazette said, four days before the International Monetary Fund (IMF) conducts a third review of its expanded $8 billion loan programme for the country.

Shein to open pop-up store in South Africa to woo more shoppers

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Shein will open its pop-up store in Johannesburg from August 2-11.

Wednesday, Jul 24

15

Three myths you need to know about before buying your next car

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Buying a car can be a complex process, especially for those who aren't all that au fait with the automotive world.

12

Ferrari extends cryptocurrency payment to Europe after US launch

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Ferrari said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month after starting in the US last year.

Porsche bids to restore production, boost margins after weak first half

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Porsche said it was fighting to restore production volumes and reprioritise spending after supply chain snags, slow EV demand and a sales slump in China weighed on results in the first half.

Consumer inflation softens in June: Stats SA

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Statistics South Africa found annual consumer price inflation was 5.1% in June, inching down from 5.2% in May.

It’s official: PSL announces Betway as new Premiership sponsor for ‘about R900m’

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Premier Soccer League chair Irvin Khoza has announced Betway as the new sponsor of the Premiership.

Prasa reinstates Zolani Matthews as CEO after court ruling

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The Passenger Rail Agency of SA has confirmed the reinstatement of axed group CEO Zolani Matthews after a protracted legal battle that resulted in two bruising defeats for the entity.