For years, brothers Ajay, Atul and Rajesh Gupta were ranked among South Africa’s most prominent businessmen and socialised with the ruling elite, including their friend, then-President Jacob Zuma. They weathered accusations that
Author: Agency Staff
For most, owning a wine farm on a mountainside close to the sea, surrounded by family and friends, would be all they ever needed. But for Michael Jordaan, former CEO of one of South Africa’s biggest consumer lenders
On any given day, there could be a half dozen autonomous cars mapping the same street corner in Silicon Valley. These cars, each from a different company, are all doing the same thing: building high-definition street maps
The ANC took a political gamble by increasing sales tax ahead of elections next year as new President Cyril Ramaphosa seeks to stabilise debt and prevent a third junk credit rating. The value-added tax rate will be raised
South Africa’s inflation rate slowed in January, easing pressure on the central bank to maintain a tight monetary stance. Inflation slowed to 4.4% from 4.7% in December, Statistics South Africa said Wednesday in
Apple proclaims each new iPhone model is the best one it has ever made. The company says every software update is better than the last. In general, Apple believes everything it does is awesome. There’s a consequence to
The rand reached a three-year high after Cyril Ramaphosa was sworn in as head of state on 15 February, fueling optimism among investors that management of South Africa’s economy will improve. Benchmark bond yields fell
Picture this: you’re driving home from work, contemplating what to make for dinner, and as you idle at a red light near your neighbourhood pizzeria, an ad offering $5 off a pepperoni pizza pops up on your
Former cabinet ministers banished to the political wilderness under Jacob Zuma’s presidency are set to make a comeback as his successor prepares to revive the stagnant economy. The ANC top-six officials, including
The first US commercial ride-hailing service without human drivers has been approved. Waymo, a unit of Google parent Alphabet, got a permit in late January from the Arizona department of transportation to operate as a