Finance minister Malusi Gigaba met with representatives of the World Bank last week to discuss financing for development of a nuclear power programme in the country, according to two people familiar with
Author: Agency Staff
I try not to give billionaires or corporate managers unsolicited advice on what they should do with their money. Warren Buffett and Apple both have done rather well for themselves and their investors without
South Africa faces a stark choice: risk strikes by as many as 1.3m government workers or meet their pay demands and jeopardise its credit rating. After years of above-inflation increases, public sector unions now want nothing less than
Broadcom has offered about US$105bn (R1.5 trillion) for Qualcomm, kicking off an ambitious attempt at the largest technology takeover ever in a deal that would rock the electronics industry. Broadcom made
Qualcomm is preparing to fend off an unsolicited US$100bn takeover bid from Broadcom, arguing it undervalues the company, people familiar with the plans said. Broadcom is preparing a $70/share offer for Qualcomm, which could
Broadcom is considering a bid of more than US$100bn for Qualcomm, according to people familiar with the matter, in what would be the biggest-ever takeover of a chip maker. Broadcom is speaking to advisers about the potential deal
Apple briefly became the US’s first $900bn company on the day its stores around the world were inundated with customers trying to get their hands on the new iPhone X. Demand for the handset, which boasts a facial recognition
Apple is fixing supply problems with the iPhone X, its most important device in years, setting the company up for a better-than-expected holiday period. Supported by resurgent iPad and Mac sales, the 10-year anniversary iPhone will
US President Donald Trump’s personal Twitter account went down abruptly for about 11 minutes on Thursday evening, a brief deactivation the social media company blamed on an employee who was heading out the door. Attempts to
MTN is seeking to challenge rival Vodacom as Africa’s biggest digital bank by tripling its customer numbers within three years. Already the continent’s biggest mobile phone company by subscribers, Johannesburg-based MTN is adding