The rand is paying the price for South Africa’s woes, with the R20/$ level now firmly in sight.
Author: Agency Staff
Nearly lost in the euphoria that Nvidia set in motion this week was a warning that not all are going to join in the AI feast.
The three recognised trade unions at struggling power utility Eskom have rejected its revised 5.25% pay rise offer.
The US Food and Drug Administration has given the green light to Neuralink’s first-in-human clinical trial.
TikTok is the latest app to jump on the generative artificial intelligence bandwagon.
Some analysts said Nvidia’s results show that the generative AI boom could be the next big driver of growth.
The rand plunged to a record low as another jumbo rate hike raised concerns about the outlook for economic growth.
Johannesburg’s City Power is in talks with Eskom to reduce outages in South Africa’s biggest and wealthiest city.
The South African Reserve Bank has raised its repo rate by 50 basis points to 8.25% on continued inflation worries.
Solar projects are expected to outpace outlays on oil production for the first time, according to the International Energy Agency.











