Lifestyle

All members of cabinet to undergo lifestyle audits — Ramaphosa

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Lifestyle President Cyril Ramaphosa says all members of his cabinet have agreed to undergo lifestyle audits for the 2024/2025 financial year. This includes the president, deputy president, ministers and deputy ministers. In a written reply to a parliamentary question by Rise Mzansi MP Makashule Gana, Ramaphosa said the process would be led by the office of the director-general and the secretary of the cabinet in the Presidency, who are qualified auditors. The audits will be through lifestyle reviews and lifestyle investigations. “The lifestyle reviews are the first step of the process and are conducted subsequent to the submission of financial disclosures by members of the executive. Lifestyle investigations will follow in the event the information provided during lifestyle reviews is not satisfactory,” Ramaphosa said. ...
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Trump’s Texas-sized redistricting dreams: From the Politics Desk
17 Jul
Politics

Trump’s Texas-sized redistricting dreams: From the Politics Desk

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Welcome to the online version of From the Politics Deskan evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail.In today’s edition, we dive into President Donald Trump’s ambitions in Texas, where Republicans are set to redraw their congressional maps. Plus, Steve Kornacki explores the dilemma facing Zohran Mamdani’s opponents in the New York City mayoral race. Sign up to receive this newsletter in your inbox every weekday here.- Adam WollnerTrump’s Texas-sized redistricting dreamsPresident Donald Trump is setting a lofty goal for Texas Republicans as they prepare to tackle redrawing their congressional maps: He wants the party to pick up five House seats as a result of the process. “A very simple redrawing, we pick up five seats,” Trump told reporters....
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Does Rachel Reeves believe in capitalism?
17 Jul
Politics

Does Rachel Reeves believe in capitalism?

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Thursday 17 July 2025 5:43 am|Updated:Wednesday 16 July 2025 12:50 pmRachel Reeves ploughed ahead with her party’s changes to the non-dom regime at last year’s Autumn BudgetThe Chancellor can’t do the biggest things she needs for growth because she can’t escape her own ideology, says Helen Thomas Spin only gets you so far in the business world. Action has to back up rhetoric or the game will be found out. This is the main difference between business and politics: the former is about what works whereas the latter is about what sells. The most powerful leaders in each world adopt a little bit of both, whether it’s Trump’s tax cuts to Make America Great Again or Jamie Dimon’s ruthlessly successful acquisitions. The UK Chancellor is trying to move from the tearful reality of her fiscal constraints...
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Swatch Group H1 Net Profit Declines
17 Jul
Top Stories

Swatch Group H1 Net Profit Declines

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(RTTNews) - Swatch Group reported that its first half net result attributable to shareholders declined to 3 million Swiss francs from 136 million francs, prior year. Earnings per registered share was 0.01 francs compared to 0.52 francs. Operating profit declined to 68 million francs from 204 million francs. First half net sales declined to 3.06 billion francs compared to 3.44 billion francs, prior year. The company said decline in sales is exclusively attributable to China. The Group's net sales at constant exchange rates were 7.1% below the previous year, on a comparable basis, excluding the eyewear business in the Middle...
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