South Africa’s economic growth slowed in the third quarter as factory production and trade contracted, complicating the government’s task of boosting output to avoid a possible credit-rating downgrade to junk next year. GDP expanded an
Author: Agency Staff
Verizon’s US$4,8bn deal to acquire Yahoo and merge it with AOL has stalled following a widespread hack of 500m Yahoo users. But AOL CEO Tim Armstrong believes the deal will ultimately close. “I’m cautiously optimistic that it will happen
Amazon.com on Monday unveiled technology that will let shoppers grab groceries without having to scan and pay for them — in one stroke eliminating the checkout line. The company is testing the new system at what
BMW sees no quick way to boost profit from electric cars, with battery capacity and cost set to weigh on the technology for the foreseeable future. “We simply have to walk through the valley of tears” to
The arrogance of the “one-person board” of the SABC needs to be nipped in the bud, ANC chief whip Jackson Mthembu believes. “Some people have become too arrogant. Too arrogant to tell Parliament how it must do
Nintendo might have scored a hit with the explosive debut of Pokémon Go this year. On its home turf, however, Sony has quietly dispatched its rival with a popular mobile game called Fate/Grand Order. The game, based on an
South Africa’s chances of repeating its escape from a junk credit rating in 2017 are in the balance as focus intensifies on tepid economic growth and simmering political tensions. S&P Global Ratings kept its assessment
In an unexpected move, Dimension Data’s Internet Solutions is getting into the retail consumer Internet market. IS said on Friday that it is acquiring Internet service provider MWeb Connect for an undisclosed
SABC acting head of corporate affairs Hlaudi Motsoeneng waxed lyrical on job creation, business economics and empowerment at an ANC Youth League KwaZulu-Natal lecture on economic freedom in Durban on Thursday
Nokia smartphones will make a comeback next year, and the current owners of the Finnish brand are betting that the connection it built with billions of consumers during a decade of dominance hasn’t been broken. HMD Global has secured