Eskom implemented rolling blackouts across the country on Tuesday as an ongoing protest over wages curbed electricity generation.
Author: Agency Staff
Sony’s quarterly profit topped analyst expectations thanks to strong sales of PlayStation games and growth in its music business, which also benefited from a one-time gain on share sales of Spotify Technology.
The slowdown in the global smartphone market is starting to take a toll on Samsung Electronics, with net income falling short of analysts’ estimates as the sluggish market hit demand for its Galaxy devices.
The Chinese Internet giant, in which South Africa’s Naspers holds a 31.2% stake, has tumbled 25% from its January peak, erasing about $140-billion of market value.
Protests at some South African power stations amid deadlocked wage talks are stopping coal from getting to plants and threaten to force the country’s electricity provider to implement rolling blackouts.
When Apple reports results on Tuesday, investors will seek insight into upcoming new iPhones and how the current flagship iPhone X is performing.
South Africa’s biggest bank heist took place without a single shot being fired.
Facebook has always had one absolute leader, cemented by a share class structure that maintained Mark Zuckerberg’s voting control even when he sold millions of shares. Some investors want change.
For a technology sector on the verge of begetting two trillion-dollar companies in Amazon.com and Apple, the requirements are getting daunting.
What happened? That’s what many of Facebook’s investors have spent the last 18 hours wondering.