Meta's Threads app will not be available in EU
Meta is waiting for more guidance about new EU rules that govern large online platforms.
Source: businesslive.co.za
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World's 500 richest people added $852bn to their fortunes in the first half of 2023
The first half of 2023 was the best half-year for billionaires since the back half of 2020, when the economy rebounded from a Covid-induced slump.
Source: timeslive.co.za
African infrastructure fund targets $500m in first close
Africa50, a Morocco-based investment platform, seeks to raise $500m (R9.36bn) in the first close of its Infrastructure Acceleration Fund that will invest in energy, transportation, telecommunication and water projects.
Source: timeslive.co.za
US reports five cases of malaria for the first time in 20 years
Malaria has spread from mosquitoes to humans inside the US for the first time in 20 years, the Centers for Disease Control and Prevention (CDC) has warned.
Source: timeslive.co.za
These are world's most expensive cities for high-class living
One of the first places in Asia to reopen its borders during the pandemic, Singapore’s attractiveness to high-net-worth individuals is reflected in rising prices locals now face
Source: businesslive.co.za