Tesla sales drop over 60% in Sweden and Denmark

Tesla vehicle at a showroom  Tesla’s sales dropped for a sixth straight month in Sweden and Denmark in June, underscoring the challenges the EV-maker faces as competitors gain market share and CEO Elon Musk’s popularity declines. In Sweden, Tesla’s registrations, which are a measure of sales, fell 64.4% in June from a year earlier. Tesla’s…

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Sasol skips dividend after profit declines 31%

A petrol station is seen in Soweto. 1 minute South African petrochemical firm, Sasol, opened a new tab on Monday and skipped paying a dividend after reporting a 31% decline in half-year profit on a fall in oil prices and lower sales volumes. Sasol’s headline earnings per share for the six months to December 2024…

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Multi-million rand asbestos case back in court on Tuesday

Corrugated asbestos cement roofing. 3 minutes The multi-million rand asbestos roof removal scandal is back in the Free State High Court in Bloemfontein on Tuesday. The 15th of April is a set date for the long-awaited trial to commence, following many postponements. Eighteen accused, including the former African National Congress (ANC )secretary general, Ace Magashule,…

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NUM to support SACP in local government elections

A police officer seen outside a voting station during the local government elections. 2 minutes The National Union of Mineworkers (NUM) says it has resolved to support and campaign for the South African Communist Party (SACP) in the forthcoming local government elections. This follows the union’s political council in Kempton Park in eastern Johannesburg. NUM…

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Thousands celebrate annual Cape Town Pride

Members of the GOOD Party seen attending the Cape Town Pride. 2 minutes Thousands of people from across the Western Cape gathered in Green Point to celebrate the annual Cape Town Pride and Mardi Gras. The Pride Parade is an event to celebrate LGBTQIA+ awareness and inclusivity. Director of the child rights group Molo Songololo,…

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UJ SRC urges priority given to students facing registration delays

University of Johannesburg 1 minute The University of Johannesburg’s (UJ) Student Representative Council (SRC) is calling on the institution to prioritise students who initially received acceptance letters but lost their placement due to delayed registration. This comes as UJ prepares to reopen available spaces. With over 300 000 matriculants achieving Bachelor passes, institutions of higher…

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