Business

UK Charity Shop Prices Surge as Retail Crisis Forces Closures

UK Charity Shop Prices Surge as Retail Crisis Forces Closures

British charity shops are charging inflated prices that outpace online market values, with one Build-a-Bear plush listed at £25 despite selling for just £3 on eBay. The trend comes as Cancer Research UK announces plans to close nearly 200 locations amid soaring operating costs and tax pressures.

South Africa Launches Infrastructure Guarantee Fund Backed by World Bank

South Africa Launches Infrastructure Guarantee Fund Backed by World Bank

South Africa is launching a new credit-guarantee vehicle backed by $350 million from the World Bank to mobilize $10 billion in private infrastructure investment over the next decade. The program targets power-grid expansion, water systems, ports, and freight rail while reducing sovereign contingent liabilities.