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MONDAY, 23 FEBRUARY 2026, 18:33

Nature

Goldman Sachs, Morgan Stanley Calculate AI’s Contribution To U.S. Growth May Be Basically Zero

Today at 16:00 PM, via Slashdot

The narrative that AI spending has been singlehandedly propping up the U.S. economy — a claim that captivated Silicon Valley, Wall Street and Washington over the past year — is facing serious pushback from economists [non-paywalled source] at Goldman Sachs, Morgan Stanley and JPMorgan Chase, all of whom now calculate that the AI buildup’s direct contribution to growth was dramatically...

Credit Rating Upgrade Highlights DBSA’s Institutional Strength And Role As A Steady Driver Of Infrastructure Development In The Continent

Today at 15:59 PM, via Tech Financials

The Development Bank of Southern Africa (DBSA) has received a long-term foreign-currency issuer rating upgrade from Moody’s to Ba2 from Ba3. The Bank’s standalone assessment has also been upgraded to ba3 from b1, and the long-term national scale issuer rating to Aa2.za from Aa3.za. The upgrade reflects the DBSA’s improved funding and liquidity profile, sustainably strong […]

Rand on shaky ground

Today at 15:59 PM, via BusinessTech

The rand is “treading water” around R16 to the dollar at the moment, as global uncertainty has markets in a ‘wait-and-see’ mode, and tensions in the Middle East push traders into gold.

Trump’s new man lands in Pretoria

Today at 15:36 PM, via BusinessTech

US President Donald Trump’s pick for ambassador to South Africa, conservative activist and writer Leo Brent Bozell III, on Monday presented his credentials to South Africa’s government.

Institutions warned against misusing internationalisation to evade immigration law

Today at 15:30 PM, via SAnews

Institutions warned against misusing internationalisation to evade immigration law

The Portfolio Committee on Higher Education and Training has warned universities and Technical and Vocational Education and Training (TVET) colleges against using internationalisation as a reason to ignore South Africa’s immigration and labour laws.

The warning follows a recent joint meeting with the...

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