Ride-hailing giant Didi Chuxing raised more than $5,5bn from investors, scoring the single largest round of funding on record to bankroll an expansion beyond China and into driver-less technology. Didi disclosed the financing in an
Author: Agency Staff
The idea is certainly audacious: thwart traffic in congested cities by flying over it. Quick, quiet, clean, cheap. This concept – which requires a new type of battery-powered vertical takeoff and landing vehicle
The SABC is in talks with national treasury to secure a guarantee to help it claw its way out of a financial crisis after it failed to pay some of its content suppliers in March and
A court ruling that the government failed to comply with the constitution when it initiated a process to build new atomic power plants has dealt a major blow to President Jacob Zuma’s nuclear ambitions. The Western Cape
Twitter’s road to a turnaround looks like it isn’t quite as rough as expected. The company reported a decline in quarterly revenue for the first time since it went public in 2013, but sales, at $548m, were higher
South Africa hasn’t complied with the constitution in seeking bidders for a nuclear energy programme and must cancel any deals that have already been signed, the Western Cape high court ruled. The government must
Larry Page has his flying cars. Sergey Brin shall have an airship. Brin, the Google co-founder, has secretly been building a massive airship inside Hangar 2 at the Nasa Ames Research Centre, according to four people
South African inflation is under control and the central bank will maintain a policy to keep it low to protect the poor and ease inequality, Reserve Bank governor Lesetja Kganyago said. Pursuing other priorities
Uber Technologies hopes to one day operate a network of flying cars. On Tuesday, the ride-hailing company laid out some aggressive plans to get closer to its first flight. Officials in Dallas
South Africa’s finance ministry has asked for a study into the introduction of an annual wealth tax as the government seeks to boost the standard of living of the black majority. The Davis Tax Committee