Author: Sam Allcock

South Africa is facing a massive tax shortfall as approximately 100,000 high-income individuals earning over R1 million annually remain unregistered with the South African Revenue Service (SARS). This tax evasion is costing the country around R100 billion in potential revenue, SARS Commissioner Edward Kieswetter revealed. Speaking at a News24 post-Budget event, Kieswetter underscored the urgency of tracking down these individuals to enhance tax collection. “There are probably at least 100,000 individuals who are in South Africa at the moment, earn more than R1 million, but are not on our register. Imagine if we could find them. You add another R100…

China is set to incur a $7 billion financial setback due to Sri Lanka’s ongoing debt restructuring efforts, according to recent reports. The Chinese Ambassador to Sri Lanka, Qi Zhenhong, underscored China’s crucial role as the first bilateral creditor to formalize a restructuring agreement with the island nation. Despite the financial hit, Qi expressed China’s commitment to fostering long-term cooperation with Sri Lanka and India. China’s Role in Sri Lanka’s Debt Restructuring Sri Lanka has been grappling with a severe economic crisis, leading to a necessary restructuring of its external debt. As part of this process, China has agreed to…

Hudson’s Bay, one of Canada’s most historic retailers, announced on Friday night that it may begin liquidating its entire business as soon as next week. This drastic move comes as the company struggles to secure funding, putting more than 9,000 jobs at risk. The department store, which dates back to 1670 and currently operates 80 stores, has been searching for financial support to sustain at least part of its operations. However, despite exhaustive efforts, Hudson’s Bay has not been able to secure the necessary capital. If no alternative solutions are found, the full liquidation process is expected to proceed following…

Veteran actress Delia Razon, a beloved figure in Philippine cinema and the grandmother of Kapuso star Carla Abellana, passed away on Saturday at the age of 95. Abellana confirmed the news on Instagram, sharing a tribute featuring a youthful portrait of Razon. The image included the text: “Celebrating the life of Lucy May G. Reyes ‘Delia Razon’ (August 8, 1930 – March 15, 2025).” However, Abellana did not provide further details regarding the cause of death. A Pillar of Philippine Cinema Born Lucy May Grytz to a German father and a Spanish Filipina mother, Razon was considered a trailblazer in…

At a time when beauty influencers promote 10-step skincare routines, a new approach is gaining traction among skincare enthusiasts: the skin reset trend. This method emphasizes simplicity, focusing on doing less to help your skin heal naturally. But is it necessary for you? Or should you continue using the stockpile of skincare products from your last shopping spree? Experts weigh in to help you decide. What Is a Skin Reset? Think of a skin reset as a detox for your face. “A skin reset is about stripping things back to the basics—just a gentle cleanser, a solid moisturizer, and SPF—so…

The International Monetary Fund (IMF) has urged South Africa to accelerate structural reforms and adjust its public sector wage bill to enhance economic growth. The advisory comes as Finance Minister Enoch Godongwana prepares to deliver the 2025 Budget Review, amid concerns over slow growth and mounting national debt. Economic Challenges and Debt Concerns South Africa’s economy continues to struggle, with growth projected at less than 1%. The country’s national debt remains a pressing concern, hovering around R6 trillion. Projections indicate that the government debt-to-GDP ratio may exceed 76% in the medium term. In response, the government has set aside R11…

Malaria season has begun across large parts of Africa, and it remains the continent’s deadliest disease, particularly for children. However, a significant cut in U.S. aid is now threatening efforts to control the disease, with local health officials fearing catastrophic consequences in some of the world’s poorest communities. U.S. Aid Cuts Impact Malaria Control Efforts In January 2025, the U.S. government decided to end 90% of USAID’s foreign aid contracts, impacting efforts to fight malaria across Africa. Dr. Jimmy Opigo, who runs Uganda’s malaria control program, shared his concerns with The Associated Press, stating that the recent termination of contracts…

China has announced new retaliatory tariffs on Canadian farm and food products in response to Canada’s trade restrictions on Chinese-made electric vehicles (EVs), steel, and aluminum. The latest measures, set to take effect on March 20, further escalate global trade tensions amid ongoing economic disputes between major economies. New Tariffs on Key Canadian Products The Customs Tariff Commission of the State Council stated that additional 100% tariffs will be imposed on Canadian rapeseed oil, oil cakes, and peas, while pork and aquatic products will face an additional 25% duty. These tariffs follow Canada’s move in October 2024, where it imposed…

As Ghana celebrates its rich culture and heritage this month, there’s no better time to explore its vibrant and diverse local beverages. From refreshing coolers to nutrient-packed drinks, Ghana’s drinks offer a unique blend of tradition and taste. In this article, we highlight five must-try Ghanaian drinks that showcase the country’s flavors, health benefits, and cultural significance. Whether you’re seeking something refreshing or medicinal, these drinks will give you a true taste of Ghana. 1. Sobolo (Hibiscus Drink) Sobolo, also known as hibiscus drink, is a popular Ghanaian beverage made from dried hibiscus petals. Its deep red color and sweet,…

Flu cases in the U.S. have spiked dramatically, with the Centers for Disease Control and Prevention (CDC) reporting between 33 million and 56 million cases from October 1, 2024, to February 15, 2025. This surge marks the highest numbers since 2009, coinciding with a significant decline in vaccination rates. Only 45% of U.S. residents have received the flu vaccine this year, a 6% drop from pre-pandemic levels. Public trust in health institutions has also waned, with a recent poll revealing that one-third of Americans distrust local or federal health recommendations. The Growing Toll of the Flu While most people recover…