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Jacob Zuma’s daughter to face South Africa charges over July 2021 riots newsthirst.

The daughter of former South African President Jacob Zuma, Duduzile Zuma-Sambudla, will be charged for her alleged involvement in the 2021 riots that left over 300 dead, her father’s party uMkhonto WeSizwe (MK) says. Violence, chaos, and fear ripped through the port city of Durban, then spread to Gauteng, after Zuma’s jailing sparked intense protests…

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Deferred capital gains tax on mutual funds: Lawmakers pitch rule change newsthirst.

Artistgndphotography | E+ | Getty Images If you own mutual funds, year-end payouts can trigger a surprise tax bill — even when you haven’t sold the underlying investment. But some lawmakers want to change that. Sen. John Cornyn, R-Texas, this week introduced a bill, known as the Generate Retirement Ownership Through Long-Term Holding, or GROWTH,…

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Warren Buffett’s Berkshire Hathaway scoops up Occidental and other stocks during sell-off newsthirst.

Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan | CNBC Warren Buffett went on bit of a shopping spree in the stock market before Christmas, picking up shares of Occidental Petroleum among others during a swift December…

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