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Hacking · WashingtonAxie Infinity, an online game where users battle NFT critters to earn crypto, suffered the largest hack of digital funds to date last Wednesday. The hack drained roughly $617 million in ether and USDC from the Ronin Network. Most of the stolen funds are still sitting in that wallet, and Ronin is working with regulators to get them back.See the Story
Hackers steal more than $600 million from maker of Axie Infinity
41% Left coverage: 39 sources
Business · South AfricaUnemployment in Q4 last year rose to 35.3% from 34.9% in the previous quarter. This was the highest level since the start of the Quarterly Labour Force Survey in 2008. The youth unemployment rate remains at a staggering 65.5%. The manufacturing sector shed 85,000 jobs during the quarter and construction 25,000.See the Story
South Africa's unemployment rate hits new record high in Q4 2021
60% Center coverage: 5 sources
BusinessTwitter said it may be difficult to attract and retain key people, and mentioned the possibility that our current employees could be distracted. Twitter has paused hiring and app updates while the deal is completed. The company added that it would be hard to make changes to its business until the deal was completed.See the Story
Twitter Says Musk Deal Uncertainty Could Cost Staff, Advertisers
100% Center coverage: 2 sources
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Business · LudhianaOf those tested for the virus on Wednesday 13.4%, or 2,846 cases, were found to be infected. South Africa, along with neighboring Botswana, identified the highly infectious omicron variant in November. It was the first country to suffer a surge of infections as a result of the new variant.See the Story
SA’s Covid-19 positivity rate hits three-month high
Coverage: 2 sources
BusinessOperating profit increased 50% to 14.1 trillion won ($11.6 billion) for the three months ended March. Sales advanced 18% to 77 trillion won, also higher than expected. Samsung will provide net income and divisional performance when it reports full earnings on Apr. 28.See the Story
Samsung earnings top estimates on chip demand, new handsets
67% Left coverage: 3 sources
AfricaLatest survey of the 100 largest municipalities in the country is an ice bath. Ratings Afrika has been highlighting the dire state of municipal management in SA since 2011. Cape Town is the only metro that is considered financially sustainable, with a score of 67. Western Cape remains the best-run province, with an average score of 52.See the Story
Municipal sector on the brink of collapse
Coverage: 2 sources
VaccinationsPeople who are vaccinated and then get infected with Omicron may be primed to overcome a broad range of coronavirus variants, early research suggests.See the Story
Omicron infection turbo-charges vaccinated people’s immunity: study
100% Right coverage: 2 sources
MoneyJohannesburg's benchmark FTSE/JSE Africa All Share Index ended Friday down 2.5%. That's a steeper retreat than MSCI's index of developing country stocks, which is down about 4%. Gold and platinum producers have been among the biggest drags on the market this week.See the Story
South African stocks suffer worst week since 2020
Coverage: 2 sources
Huawei · South AfricaThe new Huawei P50 is available for pre-order on the Huawei Store (Online) for just R16 999. The smartphone packs a 4 100mAh battery into a compact design with a thickness of just 7.92mm. Its 6.5-inch display supports 1.07 billion colours and True-Chroma display technology.See the Story
#CelebratingLegends with the new HUAWEI P50 – Now available for pre-order in South Africa
Cyril Ramaphosa · South AfricaThe DA has named and shamed cabinet ministers it says have been misspending hundreds of millions of rands of taxpayers’ moneySee the Story
ANC spent R1.4 BILLION on hotels and partying DURING LOCKDOWN – DA
100% Center coverage: 1 sources
Africa · South AfricaThe Department of Sports, Arts and Culture is planning to install a flag that is more than 100 metres in height. The department announced this as part of its national monumental flag project. It said the flag would serve as a national landmark and tourist attraction. The installation of the flag will cost R17 million, while geotechnical studies will set it back another R5 million.See the Story
South Africa to spend R22 million on flag that is 100 metres tall
100% Right coverage: 1 sources
InternationalGrand Parade Investments is unbundling its 9.28% stake in Spur to its shareholders. GPI owns almost 9.3% of Spur, with the stake valued at about R174 million. The unbundled will be finalised next month, should GPI get approval from the South African Reserve Bank.See the Story
Grand Parade to unbundle Spur shares | Fin24
100% Center coverage: 1 sources
Cyril Ramaphosa · South AfricaPresident Cyril Ramaphosa says it is ‘difficult and unacceptable’ that South Africa continues to face ongoing load shedding, with his government now working to ensure it comes to a permanent end.See the Story
Ramaphosa says load shedding unacceptable – and is coming to an end
Africa · South AfricaThe government is considering lifting South Africa’s remaining Covid restrictions as cases in the country continue to remain flat.See the Story
South Africa looking to lift Covid restrictions – including an end to face masks
Africa · South AfricaThe opposition Democratic Alliance has slammed the Department of Public Service and Administration after it emerged that taxpayers are paying millions of rands for suspended officials.See the Story
