Author: Lucas

A criminal complaint was filed against South African Airways’ Carla da Silva for alleged theft of Airlink’s sensitive data. A criminal complaint has been filed against South African Airways (SAA) head of sales and marketing Carla da Silva and several other staff members that report to her. The charge was laid last week by her former employer, Airlink, and comes on the heels of civil action for the alleged theft of sensitive data from the airline. The complaint alleges industrial espionage and theft of incorporeal property after Da Silva purportedly copied a key database containing sensitive information belonging to Airlink.…

India’s defence industry is at an inflection point. With the ambition of achieving USD 25 billion in defence manufacturing by 2025, the urgency for self-reliance could not be clearer. The challenge is not just scaling production volumes but building an ecosystem that can design, prototype, and manufacture mission-critical systems domestically, with minimal reliance on imports.Industry 4.0 was about automation and efficiency. Industry 5.0 puts people back at the centre of innovation—engineers and skilled professionals working with AI, robotics, and IoT to bring adaptability, speed, and security. For defence, this translates into rapid customisation, predictive maintenance, resilient supply chains, and hybrid…

This article was written byFollowI’m a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their intrinsic value and holding them for the long haul, allowing them to compound their earnings and shareholder returns.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.…

Jessie Hewitson is a veteran money journalist and editor, and financial agony aunt for The i Paper. Nina, a reader, writes For the past three years I’ve been fighting Aviva over an “own-occupation” Total & Permanent Disability (TPD) claim. I woke up with sudden hearing loss — permanent and life-changing. One ear was already damaged; then the other went too. I can’t reliably follow spoken conversation and can’t use the phone. I believed my Life & Critical Illness policy with a TPD benefit would protect me if I could no longer do the main duties of my job (national sales…

In a crowded midsize SUV market, the Ford Explorer has maintained its spot as a family favorite across the U.S.-and for good reason. For the 2025 model year, Ford has refined its … Source link

Diwali Muhurat Trading 2025 Live Updates: The ceremonial session, steeped in tradition, is viewed as an auspicious start to the trading year, where investors and brokers come together to invoke blessings for wealth and success in the months ahead.Unlike a regular trading day, the Muhurat session carries deep spiritual and cultural significance. The term ‘Muhurat’, derived from Sanskrit, refers to an auspicious time believed to bring good fortune. Traders, families, and investors—many dressed in festive attire—perform Laxmi Puja and light diyas in their offices before making symbolic trades. The act represents the belief that investments made during this period will…

Although US President Donald Trump’s protectionist trade policies dominate news headlines, they are far from the only forces shaping global production. New investment patterns have been reshaping the global economic landscape since well before Trump’s tariffs.Nowhere is this more evident than in flows of foreign direct investment (FDI). According to the latest World Investment Report from UN Trade and Development (UNCTAD), FDI inflows to Europe, South America, and much of Asia declined in 2024. By contrast, FDI flows to Africa surged by 75%, to $97bn, while those to Southeast Asia increased by 10%, to $225bn.Behind these trends lies a broader…

LAUNCESTON, Australia, Oct 20 (Reuters) – China’s crude oil stockpile flows dropped sharply in September as lower imports and higher refinery processing cut the surplus that was available for storage.China’s surplus of crude stood at 570,000 barrels per day (bpd) in September, down from 1.01 million bpd in August, according to calculations based on official data. Sign up here.The decline in crude imports and the increase in refinery throughput are an example of how China smoothes out the volatility in oil prices.Imports dropped in September to 11.5 million bpd, the lowest level since January, as refiners trimmed purchases after prices…

South Africa’s small industrial towns are grappling with the long-term effects of deindustrialisation, a process that has seen manufacturing activity decline sharply over the past four decades. Once vital hubs of the economy, towns such as Lichtenburg and Komati have experienced significant job losses, infrastructural decay and social vulnerability as key industries shut down.According to Frontline Africa Advisory, the closure of Clover’s cheese factory in Lichtenburg in 2021 and Komati’s coal power station have triggered rising unemployment, collapsing municipal revenues and declining community resilience. Frontline Africa Advisory, in partnership with the South African Chamber of Commerce and Industry (Sacci) and…

Company suffers turnover losses of at least R90 million due to illegal actions. The Western Cape High Court last week ruled in a precedent-setting case that pitted an employer against a former staffer. A former employee of poultry conveying equipment manufacturer Technical Systems was caught stealing sensitive company data over time, for his personal benefit. In his ruling, Justice Mark Sher found ex-employee Christiaan Kurtz had unlawfully accessed and stolen over a thousand copyright-protected engineering drawings over a nine-year period. Stolen designs These designs were used to replicate Technical Systems’ production plant, allowing Kurtz and his associates to compete directly…