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South African opera singer Innocent Masuku received a standing ovation from the Judges on ‘Britain’s Got Talent’ after he delivered a stirring performance of ... Show more   #southafrican   #britainsgottalent   #InnocentMasuku
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Tesla profits have plummeted. Elon Musk remains all-in on robotaxis: Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk ...
npr.org/2024/04/23/1246643864/tesla-earnings-elon-musk-robotaxi
Tesla profits have plummeted. Elon Musk remains all-in on robotaxis
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
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Musk targets Australian senator and gun laws in deepening dispute over violent video
nbcnews.com/news/world/elon-musk-targets-australian-senator-gun-laws-bishop-stabbed-rcna149105
Musk targets Australian senator and gun laws in deepening dispute over ...
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Kenya ranked fourth wealthiest country in Africa: Kenya has been ranked among the big five wealthy markets in Africa having millionaires and billionaires
standardmedia.co.ke/national/article/2001493784/kenya-ranked-fourth-wealthiest-country-in-africa
Kenya ranked fourth wealthiest country in Africa
Quick Glance: Kenya Among Top 5 Wealthiest Countries in Africa
  • Kenya is recognized as one of the prosperous markets in Africa with a significant number of millionaires and billionaires.

  • As per the 2024 Africa Wealth Report released by an international wealth advisory firm, Kenya holds the fourth position in terms of wealth ownership.

  • Following South Africa, Egypt, and Nigeria ranking at positions one to three, Kenya comes.

  • The data in the report indicates that Kenya has a substantial population of affluent individuals, totaling 7,200 millionaires.
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On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more   omny.fm/shows/elon-inc/the-most-important-earnings-of-elons-life
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Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Tesla could start selling Optimus robots by the end of next year ...
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
  • Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.

  • Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.

  • Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.

  • Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
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Tesla's in trouble. Is Elon Musk the problem?: Cybertruck: stalling. The stock: falling. The CEO: appalling. Why his gamble may cost him more than a $50 billion ...
mashable.com/article/tesla-without-elon-musk
Tesla's in trouble. Is Elon Musk the problem?
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Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla’s profits are being sunk by a tide of electric cars
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Australia’s prime minister calls Elon Musk an ‘arrogant billionaire’: Australia’s Anthony Albanese lashed out at the Tesla chief in a dispute about whether ...
washingtonpost.com/world/2024/04/23/elon-musk-albanese-twitter-church/
Australia’s prime minister calls Elon Musk an ‘arrogant billionaire’
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Will Shein’s shine eclipse SA industry? Local clothing manufacturers have been dealt a number of blows in recent years, including the rise of international ... Show more   mg.co.za/business/2024-04-22-will-sheins-shine-eclipse-sa-industry/
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Chaotic state of Magashule’s party laid bare as cracks in ACT begin to show: National coordinator Kwezi Toko, who has resigned, has made several allegations ...
timeslive.co.za/sunday-times-daily/politics/2024-04-24-chaotic-state-of-magashules-party-laid-bare-as-cracks-in-act-begin-to-show/
Chaotic state of Magashule’s party laid bare as cracks in ACT begin to ...
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Wenzeni uZuma? He stole and rendered country useless, says Bheki Mtolo: KwaZulu-Natal ANC secretary Bheki Mtolo is in the spotlight this week after describing ...
timeslive.co.za/politics/2024-04-24-wenzeni-uzuma-he-stole-and-rendered-country-useless-says-bheki-mtolo/
Wenzeni uZuma? He stole and rendered country useless, says Bheki Mtolo
Quick Glance: Wenzeni uZuma? Bheki Mtolo criticizes corruption
  • ANC KwaZulu-Natal secretary Bheki Mtolo criticizes Jacob Zuma's tenure as destructive through corruption with the Gupta brothers.

  • Mtolo emphasized the difference between Zuma's actions and previous presidents who did not associate with theft when dealing with the Guptas.

  • Mtolo noted the decline in ANC votes since Zuma's presidency and blamed him for the loss of support.

  • Criticism of Zuma led to unrest among MK Party supporters questioning what Zuma had done wrong, while Mtolo continued speaking undeterred.
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Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Tesla Earnings Report Could Add to Concerns About Its Strategy
Quick Glance: Tesla Profit Decline Alarms Investors
  • Tesla's profit fell by 55% in the first quarter due to tepid car sales.

  • Revenue dropped by 9% to $21.3 billion.

  • Price cuts and job layoffs indicate challenges in cost control.

  • Investors concerned about Tesla's declining sales and profits.
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Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Weak business figures: Tesla's quarterly profit falls by 55 percent
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Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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Ramaphosa tells ANC it needs 14 million votes to win elections outright, as party marshalls ministers to tout successes
mg.co.za/politics/2024-04-21-ramaphosa-tells-anc-it-needs-14-million-votes-to-win-elections-outright-as-party-marshalls-ministers-to-tout-successes/
Ramaphosa tells ANC it needs 14 million votes to win elections outright ...
Quick Glance: Ramaphosa Urges ANC to Secure 14 Million Votes for Clear Victory
  • The ANC has mobilized all its ministers to 'aggressively communicate its success stories' in the critical campaigning weeks ahead of the May 29th national elections.

  • President Cyril Ramaphosa stated in a leaked recording of the national executive committee meeting last week that the party would need 14 million votes for a clear victory, compared to the previous 10 million.

  • ANC head of elections Mdumiseni Ntuli delivered a report on the party's campaign battle plan to remain in government, emphasizing the need to strengthen the base and win back disgruntled voters.

  • Ramaphosa expressed concern during the meeting that some NEC members had not met their commitments towards campaigning for an outright majority and emphasized consequences for those who fail to meet campaign work targets.
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Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
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South Africa Sends Top Officials to UAE Over Gupta Extraditions: South Africa’s state prosecuting authority urged the presidency to help resolve an impasse with ...
dailymaverick.co.za/article/2024-04-24-south-africa-sends-top-officials-to-uae-over-gupta-extraditions/
South Africa Sends Top Officials to UAE Over Gupta Extraditions
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'He is no longer a member': Mbalula on Zuma's ANC membership: ANC secretary-general Fikile Mbalula says former president Jacob Zuma is no longer a ...
timeslive.co.za/politics/2024-04-23-he-is-no-longer-a-member-mbalula-on-zumas-anc-membership/
'He is no longer a member': Mbalula on Zuma's ANC membership
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South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in ...
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
  • A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.

  • Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.

  • Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.

  • The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
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Elon Musk's X set to launch new 'X TV' app to challenge YouTube : Elon Musk-owned X is set to expand its reach into the realm of television with ...
wionews.com/videos/elon-musks-x-set-to-launch-new-x-tv-app-to-challenge-youtube-714725
Elon Musk's X set to launch new 'X TV' app to challenge ...
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LISTEN | Malema changes tune on vote rigging as elections loom: EFF leader Julius Malema claims load-shedding will be implemented when vote counting starts and ...
timeslive.co.za/politics/2024-04-23-listen-malema-changes-tune-on-vote-rigging-as-elections-loom/
LISTEN | Malema changes tune on vote rigging as elections loom
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Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Meta's Threads now has more daily US users than Musk's X
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Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla Announces Steep Employee Cuts Amid Revenue Drop
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What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.
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Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Tesla profits drop 55% as Elon Musk dodges cheap car questions
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Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV? @EdLudlow reports www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
  • Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.

  • Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.

  • Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.

  • Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
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Seven political parties have joined forces with Mmusi Maimane’s Build One South Africa (Bosa) and will campaign for the party in the hotly-contested 2024 ... Show more   #BOSA   #Elections2024   #MmusiMaimane   #politics
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Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? 
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Tesla profits down 55 per cent amid job losses, delivery issues and Cybertruck recall
independent.co.uk/tech/tesla-profits-down-job-losses-b2533577.html
Tesla profits down 55 per cent amid job losses, delivery issues and ...
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Ramaphosa hits out at South Africa’s banks, calls for reform: President Cyril Ramaphosa has urged for decisive economic reforms to address the monopolistic ...
iol.co.za/news/politics/ramaphosa-hits-out-at-south-africas-banks-calls-for-reform-51f0e863-a0d4-41a1-86fa-6e830872b879
Ramaphosa hits out at South Africa’s banks, calls for reform
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Tesla promises 'more affordable' cars after shelving all-new Model 2: Tesla said on Tuesday it would introduce "new models" by early 2025 using its current ...
reuters.com/business/autos-transportation/teslas-quarterly-revenue-falls-first-time-since-2020-2024-04-23/
Tesla promises 'more affordable' cars after shelving all-new Model 2
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Musk promised cheaper Teslas: What if no one wants one?: Tesla investors are celebrating news of cheaper vehicles on the horizon. That assumes lots of people ...
businessinsider.com/will-cheaper-tesla-lure-buyers-ev-demand-2024-4
Musk promised cheaper Teslas: What if no one wants one?
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DA would place Mangaung under administration: Steenhuisen: Support for the party in the Free State is at 25%, the highest yet, says leader
timeslive.co.za/sunday-times-daily/politics/2024-04-23-da-would-place-mangaung-under-administration-steenhuisen/
DA would place Mangaung under administration: Steenhuisen
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Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Elon Musk apologizes to laid off Tesla employees for a major mistake
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Could Australia ban X (formerly Twitter) or is it untouchable? The worst-case scenario for Elon Musk
abc.net.au/news/2024-04-25/elon-musk-x-versus-australia-on-sydney-church-stabbing-video/103761694
Could Australia ban X (formerly Twitter) or is it untouchable? The ...
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Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling: A Tesla investor who successfully sued to void CEO Elon Musk's $56 billion pay package ...
reuters.com/business/autos-transportation/tesla-shareholder-seeks-block-musk-litigating-pay-outside-delaware-2024-04-24/
Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling
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Tesla CEO Elon Musk told investors that production of new affordable EV models could begin sooner than expected.
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EFF demands answers after 1000 Limpopo members join ANC: Former EFF provincial leader Jossey Buthane said the top brass were trying to lead via ‘emails and ...
mg.co.za/news/2024-04-17-eff-demands-answers-after-1000-limpopo-members-join-anc/
EFF demands answers after 1000 Limpopo members join ANC
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🧑‍⚖️ #ElonMusk lashed out at Australia's PM on Tuesday after a court ordered his social media company X take down footage of an alleged terrorist attack in Sydney ... Show more
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Elon Musk says he 'would know' if there are aliens out there: Musk's rocket company, SpaceX operates a satellite internet system called Starlink ...
businessinsider.com/elon-musk-says-he-would-know-if-aliens-out-there-2024-4
Elon Musk says he 'would know' if there are aliens out there
Quick Glance: Elon Musk Casts Doubt on Alien Existence
  • Elon Musk expressed his skepticism about the existence of aliens, emphasizing that he had not seen any evidence.

  • The billionaire responded to a recent interview where Tucker Carlson shared his views on aliens.

  • Musk has previously publicly pondered the topic of aliens and highlighted the importance of space exploration.

  • His involvement in SpaceX and the Starlink project has positioned Musk as a significant player in the aerospace industry.
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Big victim or big mouth? Time for Australia to put Elon Musk in his place: At its heart, this case is about Australian sovereignty over a company that has a deep ...
smh.com.au/politics/federal/big-victim-or-big-mouth-time-for-australia-to-put-elon-musk-in-his-place-20240423-p5fm01.html
Big victim or big mouth? Time for Australia to put Elon Musk in his place
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LISTEN | 'Fight fire with fire': Malema says criminals must live in fear: EFF leader Julius Malema says the language criminals understand is violence and ...
timeslive.co.za/politics/2024-04-22-listen-fight-fire-with-fire-malema-says-criminals-must-live-in-fear/
LISTEN | 'Fight fire with fire': Malema says criminals must live ...
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ANC to appeal trademark ruling, says judge dabbled in politics: The ANC will appeal the Durban high court’s rejection of its bid to stop former president Jacob ...
timeslive.co.za/politics/2024-04-22-anc-to-appeal-trademark-ruling-says-judge-dabbled-in-politics-now-law/
ANC to appeal trademark ruling, says judge dabbled in politics
Quick Glance: Court Rejects Delayed ANC Bid to Block Use of MK Trademark by Zuma's MK Party
  • The KwaZulu-Natal High Court has dismissed the ANC’s bid to prohibit Jacob Zuma’s MK party from using the names and symbols of its disbanded anti-apartheid military wing.

  • The judgment handed down allows the recently-established MK party, led by former president Jacob Zuma, to use the 'uMkhonto we Sizwe' name and symbols.

  • The judgment highlighted that the ANC only considered the consequences of the name and symbols' use after Zuma publicly declared his support for the MK party.

  • The court deemed the ANC's delayed application as 'self-created' due to the responsibility falling on party secretary general Fikile Mbalula to ensure timely action.
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Quality problems and sales decline: The disenchantment of Elon Musk and Tesla: Elon Musk is currently toppling his own monument. He is cutting at least 14 ...
kleinezeitung.at/wirtschaft/18379748/die-entzauberung-von-elon-musk-und-tesla
Quality problems and sales decline: The disenchantment of Elon Musk and ...
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Tesla's future is riding on Elon Musk believers: Tesla reported a drop in revenue during its first quarter earnings call, falling short of expectations and ...
businessinsider.com/teslas-future-is-riding-on-elon-musk-believers-2024-4
Tesla's future is riding on Elon Musk believers
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Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab'
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Ramaphosa intervenes in unemployed teacher's predicament: 'I want this matter resolved,' said Ramaphoda.
timeslive.co.za/politics/2024-04-22-ramaphosa-intervenes-in-unemployed-teachers-predicament/
Ramaphosa intervenes in unemployed teacher's predicament
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Elon Musk shares Tesla's EV outlook; promises Robotaxi, production of cheaper vehicles and Optimus robot to investors | Mint
livemint.com/companies/news/elon-musk-shares-tesla-ev-outlook-promises-robotaxi-production-of-cheaper-vehicles-optimus-robot-to-investors-ai-tech-11713927096973.html
Elon Musk shares Tesla's EV outlook; promises Robotaxi, production of ...
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Elon Musk cancels trip to India over 'heavy Tesla obligations': Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 ...
businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4
Elon Musk cancels trip to India over 'heavy Tesla obligations'
Quick Glance: Elon Musk postpones India trip due to Tesla issues
  • Elon Musk has delayed his planned trip to India due to Tesla facing challenges.

  • The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.

  • While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.

  • Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.
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Malema now more power-hungry than populist: Malema has toned down his populist bluster on the campaign trail, because he has the spoils of high office in his ...
timeslive.co.za/sunday-times/business/opinion/2024-04-21-malema-now-more-power-hungry-than-populist/
Malema now more power-hungry than populist
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Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week
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Elon Musk vague when asked if he would step back from Tesla in 3 years: Elon Musk did not give a direct answer on Tuesday about whether he plans to reduce his ...
businessinsider.com/elon-musk-vague-if-he-would-step-back-from-tesla-2024-4
Elon Musk vague when asked if he would step back from Tesla in 3 years
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ANC’s message to medical aid users: Stop ‘resistance’ to R200bn NHI plan: Deputy Minister Parks Tau reiterated the government’s stance that medical aid tax ...
mg.co.za/health/2024-04-18-ancs-message-to-medical-aid-users-stop-resistance-to-r200bn-nhi-plan/
ANC’s message to medical aid users: Stop ‘resistance’ to R200bn NHI plan
Quick Glance: ANC Urges Medical Aid Users to Halt Resistance to R200bn NHI Plan
  • Parks Tau dismissed criticism of the proposed R200 billion National Health Insurance (NHI) as 'resistance' by private healthcare users, who he said were effectively subsidized by the state.

  • He reiterated the ANC's stance that a single-fund system will follow if President Cyril Ramaphosa signs the NHI Bill, passed by parliament in December.

  • Clause 49 of the bill envisions 'tax amendments' to be gazetted by the finance minister to finance the insurance scheme's single fund, which the treasury says will need about R200 billion to run.

  • Debate during the National Election Debate highlighted the challenges of the country's two-tier healthcare system and the need to ensure quality healthcare for all.
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Former president Thabo Mbeki said Motsoko Pheko, who was a leader of the Pan Africanist Congress (PAC) years ago, was involved in the struggle for the ... Show more   #ThaboBheki   #MotsokoPheko   #PAC
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Elon Musk postpones India visit, citing Tesla obligations: Elon Musk has postponed his planned trip to India, citing “very heavy” obligations at Tesla.
cnn.com/2024/04/20/business/elon-musk-postpones-india-visit-intl-hnk/
Elon Musk postpones India visit, citing Tesla obligations
Quick Glance: Elon Musk Postpones India Trip, Sources Say
  • Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.

  • Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.

  • His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.

  • Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.
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Another rare visitor sent home to Antarctica from SA may help unlock marine mysteries
dailymaverick.co.za/article/2024-04-21-another-crabeater-seal-sent-home-to-antarctica-from-sa/
Another rare visitor sent home to Antarctica from SA may help unlock ...
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