Interim profit slipped 93% as the technology investor increased funding of its businesses and took a knock from Tencent.
Author: Promit Mukherjee
The Africa head of Ford said South Africa must deliver policy certainty on electric vehicles within six months to save its motor manufacturing industry.
The JSE is implementing measures to amend listing requirements for companies in order to attract more firms.
Absa is making a raft of changes to its top management position to refocus its strategy towards being more customer centric.
South Africa’s oldest private airline Comair will stop operations permanently after lawyers on Thursday filed an application to liquidate the company.
Eskom will increase the level of load shedding for Monday and Tuesday because it lost more generation capacity over the weekend.
South Africa’s efforts to wean itself off coal will require funding of more than R1-trillion by 2030, a top government official said on Tuesday.
Eskom will continue power cuts until 5am on Saturday after many of its power plant units broke down on Monday and are now under repair.
South Africa has asked Johnson & Johnson and Pfizer to delay delivery of Covid-19 vaccines because it now has too much stock.
Naspers first-half profit climbed 11%, driven by a large contribution from Chinese Internet giant Tencent.