diff --git a/NEWS b/NEWS
index 6c06d4e424..8932289bac 100644
--- a/NEWS
+++ b/NEWS
@@ -1,6 +1,11 @@
+portage-3.0.48 (UNRELEASED)
+---------------
 Bug fixes:
 * fowners, fperms: Fix handling of relative pathnames (bug #905223).
 
+Cleanups:
+* Convert printf-style %-formats into fstrings.
+
 portage-3.0.47 (2023-04-30)
 ---------------