BT Group’s board remains divided following the unexpected resignation of chairman Jan du Plessis, with the two camps mainly at odds over the pace of changes needed at the company.
Author: Agency Staff
The UK’s digital minister warned he had “very grave concerns” about Facebook’s plans to expand end-to-end encryption across all user communications.
As Apple plots a foray into the car market, it could adopt a similar strategy to the iPhone – working with a lesser known contract manufacturer – after talks with some brand name car makers stalled.
MTN Group is considering spinning out its fibre and financial services units and will potentially list one of them to unlock value trapped in its core business, the company said on Wednesday.
Eskom and Sasol, South Africa’s two biggest polluters, must comply with emission limits even if it costs them tens of billions of rand, environment minister Barbara Creecy said.
Tesla surged nearly 20% on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock.
South African business confidence has slipped in the first quarter of the year despite easing Covid-19 curbs, a survey showed on Wednesday, highlighting the fragility of the economic recovery.
South Africa’s economy contracted the most in a century in 2020 as restrictions to curb the spread of the coronavirus pandemic ravaged output and disrupted trade.
As major financial hubs like Singapore redraw legislation to lure crypto firms, South Africa’s burgeoning exchanges say they are having to move headquarters abroad due to uncertainty over potential government regulation.
Struggling state utility Eskom said on Tuesday that its board of directors would investigate an allegation of racism levelled against CEO André de Ruyter.