Johann Rupert, the South African who has made billions peddling Cartier jewelry and Chloe fashion, said tension between the rich and poor is set to escalate as robots and artificial intelligence fuel mass unemployment.
“We cannot have 0.1 percent of … Read the rest
Up to 4,200 migrants sailing across the Mediterranean Sea were rescued by European ships on Friday, but 17 people died during the journey on unseaworthy boats. The number rescued in 24 hours appears to be one of the highest in … Read the rest
Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study by Oxfam found that – on current trends – by next year, 1% of the world’s population will own more wealth … Read the rest
The Economic Freedom Fighters may take up arms if their “peaceful revolution” is met with violence from the state, party leader Julius Malema said on Thursday.
“We can’t rule out the possibility of an armed struggle if the state is … Read the rest
Black children in Wisconsin continue to be segregated, the study by Wisconsin Council on Children and Families shows.
“Wisconsin has a great deal of work to do with regard to the success of our children of color,” reads the official … Read the rest
As from today, Johannesburg residents will pay 7% more for electricity.
Ten other municipalities, including Cape Town, asked National Energy Regulator of SA (Nersa) for increases ranging between 7.63% and 12.11%.
Cape Town’s proposed 7.63% electricity increase would compensate for … Read the rest
As from today, Johannesburg residents will pay 7% more for electricity.
Ten other municipalities, including Cape Town, asked National Energy Regulator of SA (Nersa) for increases ranging between 7.63% and 12.11%.
Cape Town’s proposed 7.63% electricity increase would compensate for … Read the rest
The American Dream is impossible to achieve in the US.
So say nearly 6 in 10 people who responded to CNNMoney’s American Dream Poll, conducted by ORC International. They feel the dream — however they define it — is out … Read the rest
Watch the white middle class of Chicago vanish before your eyes.
It shows the demise of the foundation of an American city.
Watch as the grey squares, which illustrate the middle class … Read the rest
Rising expectations and youth unemployment have been identified as some of the sources of violent protests which have increased dramatically in the country in recent months.
The South African Institute of Race Relations, SAIRR’s programme manager and researcher, Georgina Alexander, … Read the rest
One of the leaders of Brazil’s flashmob movement that is sweeping across shopping centres, sparking violent clashes with police, is a soft-spoken 55-year-old piano teacher that has never organised a protest in his life.
Around 1,000 people are expected to … Read the rest
North West Premier Thandi Modise’s office says the purchase of a R1.3 million vehicle was above board and ordered before Finance Minister Pravin Gordhan announced austerity measures.
Modise recently purchased a BMW 750i despite … Read the rest
The number of boats bringing undocumented migrants from various countries other than Cuba is on the increase, according to American federal authorities, who say smugglers have turned to other nationalities as the smuggling of Cubans has dried … Read the rest
According to the UN Population Division, sub-Saharan Africa’s annual urban growth rate is 3.6%, almost double the world average. About 40% of Africa’s more than 1 billion people live in cities and towns, many having migrated from … Read the rest
Fresh from its landslide election victory President Robert Mugabe‘s party said on Tuesday it would intensify the transfer of economic wealth to black Zimbabweans and overhaul the country’s “British” education system.
“We are saying we have to deepen and
… Read the rest
