Energy regulator Nersa will announce its decision on Eskom’s tariff hike application next week. The regulator was due to announce its decision with regards to the power utility’s request on Thursday but postponed to give itself more
Author: Agency Staff
BMW is targeting another ambitious hike in plug-in hybrid and battery car sales next year to defend its position in the electric-car shift as competitors like Volkswagen ready their own battery line-ups. The planned increase to about
Deputy President Cyril Ramaphosa won endorsement from most ANC branches to succeed President Jacob Zuma as ruling party leader, giving him an edge – but not a guarantee of victory – in this month’s election. Ramaphosa was nominated
South Africa will study the cost of power generation from various projects and expects to announce a decision on new renewable sources by 7 December, according to energy minister David Mahlobo. The energy department has
Xiaomi, the Chinese smartphone maker that was once the most valuable start-up in the world, is in talks with investment banks about a possible initial public offering and seeking a valuation of at least $50bn, according
Bitcoin’s extraordinary price surge means its market capitalisation now exceeds the annual output of whole economies, and the estimated worth of some of the world’s top billionaires. With the debate over its bubble status
Venezuela’s currency is in free fall. Cryptocurrencies such as bitcoin are going precisely the other direction. And there, President Nicolas Maduro sees a way out of his country’s economic ills. On his Sunday television show, Maduro
Tencent slumped on Friday, putting it in line for its worst week in almost two years, as investors took profit in global technology shares and before the stock’s weighting gets reduced in Hong Kong’s benchmark index. Tencent
Bitcoin and bubble have become virtually synonymous in the minds of many sceptics during this year’s breathtaking rally. While the digital currency has defied doomsday prophecies, there’s a number of ways this party
Naspers is planning to invest more in businesses including food delivery to help narrow the valuation gap between Africa’s biggest company and its stake in Chinese Internet giant Tencent. The 33% shareholding in the Shenzhen