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.
Author: Agency Staff
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.
Vodafone Group is looking to raise as much as €2.58-billion from an initial public offering of its European mobile-phone towers unit in Frankfurt, in what will be one of the region’s biggest stock market listings this year.
Shares of Tesla closed lower for a fifth consecutive session on Monday, caught in a tech-led selloff that has wiped more than $277-billion off the company’s market value over the last month.
Chinese drone giant DJI Technology built up such a successful US business over the past decade that it almost drove all competitors out of the market. Yet it’s been hit by internal ructions and US sanctions.
Mobile World Congress organisers unveiled a health and safety plan on Monday that they said would enable the gathering to go ahead in Barcelona after last year’s event was called off.
Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month.
A start-up in Iceland is tackling a key piece of the climate change puzzle by turning carbon dioxide into rocks, allowing the greenhouse gas to be stored forever instead of escaping into the atmosphere and trapping heat.











