South Africa


Toyota profit down as chips shortage keeps customers waiting

Toyota's profit fell nearly 18 percent in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan's top automaker.

Toyota Motor Corp. reported yesterday a quarterly profit of 736.8 billion yen ($5.5 billion), down from 897.8 billion yen the previous year.

Analysis: Putin’s War and Beyond

The war in Ukraine goes painfully on. After 4 months, the Russians show slow gains and have taken much of the Donbas, E Ukraine. In fact, if we count Crimea and the land along the south coast as well, Russia has grabbed almost 20% of Ukraine's land, and most of it is the most valuable, including where the wheat is grown.

White rhinos return to Mozambique park after 40 years

A Mozambican park welcomed its first white rhinos last week in 40 years after 19 of the threatened animals completed a 1,600-kilometer truck ride from South Africa, conservationists said.

The rhinos were reintroduced to Zinave National Park in southern Mozambique under an initiative to restore wildlife and boost the local economy.

G-7 leaders to commit to Ukraine, US sending anti-air system

The Group of Seven economic powers are set to commit themselves to supporting Ukraine in the long haul, with the U.S. preparing to announce the purchase of an advanced surface-to-air missile system for Kiev, as leaders meet in the German Alps and confer by video link with Ukrainian President Volodymyr Zelensky.

Russians take over the territory of Ukraine; Massive air and artillery strikes

Fighting between the Ukrainian army and Russian forces continues in the east of the country.
Reports of civilian shelling victims in Kharkov and Mykolaiv were registered yesterday.
The International Energy Agency warns that Moscow could completely cut off gas supplies to Europe.