Volkswagen plans to add a subcompact crossover costing about €18 000 (R290 000) to its all-electric I.D. range, expanding its lineup of zero-emissions vehicles that are more affordable than those of Tesla.
Author: Agency Staff
MTN Group is close to securing a deal with Nigeria’s central bank over an order to repay $8.1-billion it is alleged to have illegally taken out of the country, according to a person familiar with the matter.
Samsung Electronics has showed off a new phone with a foldable screen in a bid to shake up a smartphone business awash with black, shiny rectangles that look increasingly similar.
Tesla has chosen Robyn Denholm to succeed Elon Musk as board chair, selecting an independent director to contend with the car maker’s mercurial CEO following his run-ins with regulators and investors.
South Africa’s high-speed rail network is seeking R4-billion to increase its number of trains by 50% ahead of a potential expansion to other parts of Johannesburg and Pretoria.
Former finance minister Pravin Gordhan has directly implicated Jacob Zuma in being part of an orchestrated campaign to loot billions of rand in taxpayer funds during his almost nine-year tenure as president.
MTN Group’s fight with Nigerian authorities over $10-billion in repatriated funds and back taxes could increase risk in South Africa’s financial system depending on the outcome, the Reserve Bank said.
Ever since Chinese President Xi Jinping marked the opening of the first World Internet Conference in 2014, it was meant to usher in a new era of digital openness and project China as a champion of global cyber governance. Those promises are now starting to lie fallow.
South Africa’s state-owned power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs despite stagnant electricity output.
Uber Technologies has said it will triple headcount working on food delivery across Europe, the Middle East and Africa in its fight for market share against local rivals.