News Bulletin of 7 August 2025, 7am

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AI Summit: South Africa 2025 to Unlock AI's Transformative Potential
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The AI Summit: South Africa 2025 is set to take place in Johannesburg from November 12 to 14, 2025, at Tsogo Sun, Monte Casino.
This 3 day conference aims to use the power of AI to drive economic growth, enhance government operations, and ignite business innovation across Africa.
It will unite experts and leaders from Africa to discuss how AI can solve the continent's challenges and seize its opportunities.
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Headline 2
Johannesburg Launches New Affordable Housing Initiative
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The City of Johannesburg has launched the final phase of the Riverside View Social Housing Development adding 744 affordable rental units for low and moderate-income families.
The City of Johannesburg's MMC for Human Settlements, Mlungisi Mabaso, officially launched Phase 4 of the Riverside View Social Housing Development last month.
The project aims to provide more affordable rental units for residents who don't qualify for RDP houses.
Mabaso stated that the city is pushing forward with this program to alleviate frustrations over high rentals and poor living conditions.
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Headline 3
South Africa Advocates For Peaceful Nuclear Use
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International Relations Deputy Minister Alvin Botes says South Africa will always advocate for the peaceful use of nuclear.
This issue was under discussion at UNISA in Pretoria where DIRCO and the institution held a seminar to focus on the United Nations at 80 and the post-World War-II peace architecture and the Nuclear Non-Proliferation Treaty.
The seminar presents an opportunity to explore and strengthen the post-World War II peace architecture, addressing current global challenges and fostering a more peaceful future.
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Financial Indicators headline
Financial Indicators
Financial indicators
Your financial indicators for this hour:

The Rand is trading at 17.76 to the US Dollar, 23.72 to the British Pound, and 20.71 to the Euro.

Gold is trading at 3,375.51 dollars a fine ounce, Brent Crude Oil is at 67.34 per barrel, and a Bitcoin will set you back 114,369.00.
Teaser / Tailpiece headline
Sekhukhune United FC To Open Youth Football Academy In 2026
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Sekhukhune United FC is set to open a youth football academy in 2026, offering a combination of elite football training and private school education.
Up to 144 talented young athletes will receive fully funded scholarships, allowing them to focus on both their academic and athletic development.
The academy aims to nurture young talent and develop young leaders, aligning with the goals of the South African Football Association (SAFA) and the Premier Soccer League (PSL).
Split analysis
Local: 85 words (37%), National: 0 words (0%), International: 143 words (63%)