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khumalo Sicwebu
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As the Strait of Hormuz closure continues, the global energy crisis deepens, while inflation continues to rise and US consumer sentiment remains low. Why then, given all of this worrying news, is the stock market breaking records as tech companies continue to expand AI?
@kylascan joins @chafkin and @svaneksmith on the Everybody's Business podcast to discuss the disconnect happening between Wall Street and main street and what could happen if and when there is an AI crash t.co/SkK727QEvR
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khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi

𝗥𝗲𝗺𝗲𝗺𝗯𝗲𝗿𝗶𝗻𝗴 𝗛𝗘 𝗙𝗲𝘀𝘁𝘂𝘀 𝗠𝗼𝗴𝗮𝗲
“In Botswana, we do not have the big man syndrome. We believe in institutions and the rule of law.” Festus Mogae
A leader who truly lived by his words. We mourn his passing, we honour his legacy.
#RIPFestusMogae
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khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi

BREAKING NEWS: Eskom announces disciplinaries against “several employees who breached our procurement processes”, following amaBhungane’s investigation into R21-billion in dodgy diesel contracts.
Eskom says it is not ruling out the possibility that criminal charges will follow: “Due to the suspicion of fraud and corruption, Eskom has reported this matter to the [Hawks],” Eskom said in a statement.
READ amaBhungane’s investigation here:
amabhungane.org/inside-eskoms-…



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khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi

khumalo Sicwebu retweetledi

My dear brother, when serious investors come into a country looking to do business, they look at basic things, very basic things.
In Zimbabwe, people in the capital city, barely 100 metres from the president’s office, are walking over raw sewage. There is no clean drinking water in many homes in Harare. Boreholes are now the main source of water, even in affluent suburbs like Chisipite, where shopping centres rely on boreholes because the government has failed to provide reliable running water.
Hospitals do not have basic medication, sometimes not even painkillers. For years, the country has gone without a single fully functional radiotherapy cancer treatment machine in public hospitals. People diagnosed with cancer are often left with little hope unless they can afford treatment outside the country.
Around 2,500 women die every year while giving birth in Zimbabwe. Roads are filled with potholes. The country cannot consistently provide 24-hour electricity from January to December.
Public funds are routinely looted. Corruption is rife. The Constitution is violated. There is no meaningful rule of law.
Those are the things serious business people like Aliko Dangote look at before they invest in a country. They ask themselves important questions. How will workers live? Will they have access to clean water? Will they have access to healthcare? Will contracts be respected? If there is a dispute, will the courts rule fairly and independently? These things matter.
So when some people try to reduce this discussion to propaganda and slogans, they are ignoring the very issues that destroyed our country in the first place. We need honesty with each other.
A country whose biggest referral hospital still relies on a single maternity theatre built in 1977 cannot honestly be described as a highly promising investment destination. Our judiciary is captured. Institutions are weak. Corruption has become normalised.
The world already knows these realities. We cannot pretend on social media that we are something we are not. Zimbabwe is struggling because of governance failures, corruption and policy inconsistency. That reputation cannot be washed away with propaganda.
If we do not want that label, then we must fix the country instead of trying to market dysfunction as success.
CdeNhamoyapera@CdeNhamoyapera
@daddyhope This is just a podcast bro. He didn’t need to be precise on everything or list every country in Africa. Maybe if he had been asked specifically about Zim & excluded it, then this argument would make sense. Interesting to see how conversations are used to frame narratives.
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Rare earths are the backbone of modern technology. No other country dominates the production and processing of the commodity like China. But now it’s using that monopoly as geopolitical leverage. So what will it take to break China’s grip? youtu.be/d2dgJGkw5p0

YouTube
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khumalo Sicwebu retweetledi
khumalo Sicwebu retweetledi

THE GRAIN HARVEST IS UNDERWAY IN SOME REGIONS OF SOUTH AFRICA
South Africa is likely to have its largest summer grain and oilseed harvest on record in the 2025-26 production season.
This is on the back of the expansion in area plantings and the large yields due to favourable summer rains.
The country’s 2025-26 summer grain and oilseed output is estimated at 20.8 million tonnes, up 1% year-on-year (y/y).
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