Tesla has won a vote of confidence from Chinese Internet giant Tencent Holdings, whose purchase of a 5% stake boosts Elon Musk’s ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about US$1,8bn
Author: Agency Staff
President Jacob Zuma is taking a gamble as he ups the ante in his battle with his finance minister Pravin Gordhan for control of the nation’s finances. If he fires Gordhan, as he told Communist Party officials
South Africa’s latest bout of political turbulence has reignited fears among international investors that the country is on the brink of losing its investment-grade status. Yields on the nation’s dollar bonds jumped the
President Jacob Zuma told senior leaders of the South African Communist Party that he plans to fire finance minister Pravin Gordhan, according to three people with knowledge of the matter. The rand plummeted. Zuma told officials
Samsung Electronics has detailed its plans for the millions of Galaxy Note7 smartphones it pulled off shelves when some caught fire last year, including recycling materials and potentially letting customers use them as
President Jacob Zuma’s order for finance minister Pravin Gordhan to cancel an investor roadshow in London and the US left the nation’s credibility in tatters. The rand plunged more than any other major currency on
The rand erased its advance to become the worst performer in emerging markets after President Jacob Zuma’s order to abort an international roadshow served as a wake-up call to the country’s political risks. The currency reversed
President Jacob Zuma has ordered finance minister Pravin Gordhan to abort a week-long roadshow meeting with investors and rating companies in London and the US, heightening concern that he’s preparing a cabinet
One year ago this week, Elon Musk took to a stage to unveil his most important vehicle yet: the US$35 000 Model 3. The electric five-seater accelerates as fast as the the best-selling luxury sport sedans in America
Growth in the shipment of feature phones is outstripping smartphone shipment growth, according to new research. International Data Corp said on Monday that the continent’s smartphone market totalled 95,3m units in