South Africa is likely to miss its 1.3% growth target this year and may have to curb spending to stick to its budget framework, finance minister Malusi Gigaba said on Thursday. “We do believe there are a number of hard decisions that will
Author: Agency Staff
Tencent, in which South Africa’s Naspers holds a one-third stake, might want to tighten the purse strings a little. More than US$19bn in deals over the past year have added some pretty cool
Amazon.com will acquire Whole Foods Market for US$13,7bn, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfils a long-held goal of selling more groceries. Amazon agreed
Bitcoin tumbled as much as 19%, putting the digital currency on pace for its worst week since January 2015, as volatility climbs following a record-setting surge in the price. After flirting with $3 000 on Monday, the
Corporate chatroom start-up Slack Technologies has received recent inquiries about a potential takeover from technology companies including Amazon.com, people with knowledge of the situation said. A deal could give San Francisco
It’s a sunny Tuesday morning in late March at IBM’s Thomas J Watson Research Centre. The corridor from the reception…
The Pirate Bay, one of the last surviving file-sharing websites, is in peril after judges at the European Union’s top court warned that giving users free access to a trove of Hollywood movies, TV shows and music risks breaking the law. “Making
After years toiling away in secret on its car project, Apple CEO Tim Cook has for the first time laid out exactly what the company is up to in the automotive market: it’s concentrating on self-driving technology. “We’re focusing on autonomous
Uber Technologies CEO Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will strip him of some duties and appoint an independent chair to limit his influence after a slew of scandals
Eskom chairman Ben Ngubane has resigned amid management turmoil and probes into its financial dealings, weeks after its CEO was removed. “Ngubane formally tendered his resignation, which I accepted