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The South African government has ordered all illegal immigrants to leave the country immediately.
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Nationwide marches are being planned, starting on the 17th in Thembisa.
2. US-Iran Peace Deal
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Pakistan’s Prime Minister announced that a permanent peace deal has been reached between the US and Iran, ending all military operations.
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The official signing ceremony is on June 19th in Switzerland, with Qatar, Saudi Arabia, and Turkey acting as mediators.
3. South Africa’s EV Boom (Due to Fuel Prices)
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Rising fuel prices from the US-Iran war have caused a surge in electric vehicle (EV) sales (up 120% in April).
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EVs are still just 3% of sales but expected to reach 5-6% within a year as cheaper models (R500k–R700k) arrive.
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A R100 million investment is funding a national network of solar-powered charging stations.
4. Business Highlights: Vodacom & Shoprite
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Vodacom:Â Revenue of R167.7bn; CEO pay reached R137.4m (pre-tax) while minimum staff pay is R280,000 per year.
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Shoprite:Â Opened 268 new stores (surpassing its target), with most new locations in Gauteng. Created over 12,000 jobs.
