South Africa Financial News

The University of California has $32 billion in assets targeted by students protesting the Israel-Hamas war

In the landscape of finance, a radical shift is ongoing, it challenges the traditional investment landscape for financial gains. This transformation is vainly guarded by Social Stock Exchanges (SSEs); it prioritizes investing in social and environmental causes along with monetary returns. As the world is facing numerous challenges, climate change, poverty, social injustice, and inequality, SSEs provide an opportunity for investors to align financial objectives with societal development.

IPL 2024 playoffs: ‘SRH won’t qualify’, Harbhajan Singh's picks RCB, CSK; Hyderabad fans react, ‘Lassi ka Nasha’ The decision of appointing Pandya as captain over Rohit Sharma had not gone down with the MI fans who had booed the all-rounder during the initial few matches of the IPL. However, MI's disappointing stint at this year's IPL had also given former cricketers and experts to question his ability as a captain. Former South African batter AB de Villiers had criticized Pandya in a video on his official YouTube channel where he stated that the 30-year-old's captaincy style is ‘ego-driven’ and ‘chest out’.

A violent solar flare has reminded us just what changes in the sun’s surface conditions can do to us. Strong solar storms can bring down power infrastructure, communications and disrupt navigation—facets through which the modern world functions. Mint explains: Most solar flares are violent storms of plasma material on the sun’s surface, creating a strong gust of charged particles, or solar ‘wind’, through space.

Amid world-shaking crises in the Middle East, Europe and the Indo-Pacific, the news from Niger might seem unimportant. Yes, American troops are making an ignominious withdrawal as Russian forces sashay into the same Nigerien air base hosting U.S. personnel.

BofA Securities maintained a buy rating on Varun Beverages, Jefferies recommended a buy on Zomato, Morgan Stanley has an Equal Weight rating on AB Capital and Motilal Oswal recommended a neutral stance on UPL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Gold prices were flat on Tuesday, as investors awaited key U.S. inflation data that could provide more clues on the Federal Reserve's policy path.

By Ruchir Sharma

Mother's Day auroras? Northern lights show may continue tonight The expulsions of plasma and magnetic fields from the Sun, known as CMEs are expected to reach Earth late Sunday or early Monday, "causing severe or extreme geomagnetic storms once again," said Keith Ryden, who heads the Surrey Space Centre in England to AFP news agency. But scientists said the intensity of anything seen Sunday night might not reach the level of Friday's show. Why do we get auroras on Earth after eruptions occur on Sun? NASA says THIS Friday saw the first "extreme" geomagnetic storm since October 2003 that caused blackouts in Sweden and damaged power infrastructure in South Africa.

India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022. Just a decade ago, Indian GDP was the eleventh largest in the world. Currently, India's GDP is estimated to be around USD 3.7 trillion.

Northern Lights’, was visible across various parts of the globe for the another consecutive night on May 11, as per an AFP report. Caused by a massive solar storm, expected to last till May 12, these captivating displays already mesmerised viewers worldwide on May 10. Also Read | Northern Lights visible in India? Aurora borealis may glitter tonight in this state "I have the sensation of living through a historic night in France...

solar storm in more than two decades struck Earth on Friday, triggering spectacular celestial light shows in skies from Tasmania to Britain — and threatening possible disruptions to satellites and power grids as it persists into the weekend. The first of several coronal mass ejections (CMEs) — expulsions of plasma and magnetic fields from the Sun — came just after 1600 GMT, according to the National Oceanic and Atmospheric Administration (NOAA)'s Space Weather Prediction Center. It was later upgraded to an «extreme» geomagnetic storm — the first since the so-called "Halloween Storms" of October 2003 caused blackouts in Sweden and damaged power infrastructure in South Africa. More CMEs are expected to pummel the planet in the coming days.

Elon Musk imagines a world where cars have no drivers; but he cannot imagine a world without employees in offices as he vociferously argues against work-from-home culture. Judith Butler imagines a world without Zionism, a world where 'they' pronoun is normalised, but not a world where Islam embraces same-sex marriages. Both these people are changing the world in their own way — subverting conventional technology and discourse. These follow the saviour myths of monotheistic mythologies. Understandable when one traces their roots, via South Africa and East Europe. Their imagination makes no room for Jainism, the faith from South Asia of some of the world's most successful mercantile and banking communities, who worked with Buddhist kings, Jain kings, Hindu kings, Muslim kings, British imperialists and even patriotic and nationalistic governments, without ever incurring the wrath of a mob.

solar storm headed toward Earth could produce northern lights in the U.S. and potentially disrupt communications this weekend. The National Oceanic and Atmospheric Administration issued a rare geometric storm watch — the first in nearly 20 years. The watch starts Friday and lasts all weekend.

₹939.04 crore for the March quarter, up 78.64% year-on-year due to higher demand in key markets. The company's consolidated revenue during the quarter rose 7.4% YoY to ₹6,163.24 crore, according to a filing with the exchanges. While the net profit beat profit estimates given by Bloomberg’s poll of analysts, the revenue was below expectation.

₹6.3 crore instead of her student grant of ₹7,600. Unaware of the source of transaction, the woman chose to spend the money on herself. However, her dream quickly turned into a nightmare after her eight-digit bank balance drew government scrutiny and she was jailed on accusation of theft and robbery.

stocks has come despite worsening fundamentals, while India is delivering solid profits, Citigroup Inc. strategists wrote, downgrading China and upgrading India in emerging market allocation. “China’s recent rally has occurred despite weakening fundamentals; we downgrade to neutral,” strategists including David Groman and Beata Manthey wrote in a note dated May 10. It upgraded India to overweight on strong earnings momentum and projected growth.

As we report, the disintegration of the old order is visible everywhere. Sanctions are used four times as much as they were during the 1990s; America has recently imposed “secondary" penalties on entities that support Russia’s armies. A subsidy war is under way, as countries seek to copy China’s and America’s vast state backing for green manufacturing.

Also Read: Mutual fund investors alert! You are losing a hefty amount if committing either of these seven mistakes Nobel Peace Prize winner, Nelson Mandela, became the first non-white president of South Africa on May 10, 1994. His efforts led to the end of apartheid.

To commemorate the 25th anniversary of His Majesty Otumfuo Osei Tutu II’s reign, Ghana Post launched a collection of “Crypto stamps” linked to non-fungible tokens (NFTs) on May 9. The initiative blends Ghanaian cultural heritage with cutting-edge blockchain technology, offering a unique way to celebrate the King’s Silver Jubilee.

ALSO READ: ‘When Virat Kohli came to IPL…’: PBKS owner Preity Zinta shares admiration for RCB batter Meanwhile, Proteas player Du Plessis has forged a very special bonding with Indian star cricketer and former RCB skipper Virat Kohli. Ahead of RCB's match against PBKS, du Plessis opened up about his relationship with Kohli on the Star Sports show 'Captains Speak'. ALSO READ: Watch | Virat Kohli's 'arrogant' remark on commentators critical of his strike rate; netizens not impressed “We both love food," Du Plessis said on Star Sports.