Day: October 23, 2026

What Paris Lost When Africa Walked Away

Half a million people marched across France last Saturday. Town halls were set alight, 1,200 were arrested, and two people died. The marchers speak of fuel prices, the cost of living and decaying schools. Yet behind the tear gas lies a harder number: French public debt stands at €3.6 trillion,

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Big changes coming for vehicle manufacturing in South Africa

A national sector under strain The national backdrop is sobering. In the first quarter of 2026, manufacturing fell 0.8% quarter-on-quarter, the only industry that dragged GDP growth down. Output then slumped 4.3% year-on-year in May, edged up 1.1% in July and fell 4.3% again in August. Producer inflation on final

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Volvo’s Reckoning: A Premium Brand Under Pressure

Volvo Cars reported a third-quarter operating loss of 3.7bn Swedish crowns ($373m), against a profit of 5.8bn a year earlier. Analysts had expected a loss of only 724m crowns, so the result was a shock, and the shares fell almost 30%. The Geely-owned carmaker will cut a further 2,500 jobs,

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Volvo’s Reckoning: A Premium Brand Under Pressure

Volvo Cars reported a third-quarter operating loss of 3.7bn Swedish crowns ($373m), against a profit of 5.8bn a year earlier. Analysts had expected a loss of only 724m crowns, so the result was a shock, and the shares fell almost 30%. The Geely-owned carmaker will cut a further 2,500 jobs,

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