Continued political instability that hurt investor confidence and saw South Africa’s economy expand at the slowest rate since 2009 last year could threaten a recovery in 2017, economists said. GDP expanded by 0,3% last
Author: Agency Staff
Online luxury retailer Yoox Net-a-Porter said it’s developing technology to allow well-to-do customers to buy products directly through WhatsApp as the e-commerce market for Prada and Versace goods
If all goes as planned, two tourists will crawl into a space capsule at the end of next year and blast off for a week-long trip to the moon and back. It’s the ultimate couple’s vacation, offered exclusively by
South Africa’s ruling party is at risk of further splits amid a battle for senior positions in the ANC, deputy secretary-general Jessie Duarte said. There is intense jostling to replace President Jacob Zuma
Since Bracken Darrell took over Logitech International four years ago, the company’s stock has quadrupled on robust sales of snazzy PC accessories that complement products by the likes of Apple, Microsoft, Amazon and Google. But as Darrell plots
Kenya’s government opposes using regulation to force East Africa’s biggest mobile operator, Safaricom, to be broken up, after a draft study found the company is dominant in the country’s telecommunications industry, ICT secretary Joseph Mucheru
A stronger rand and falling inflation expectations may allow South African Reserve Bank governor Lesetja Kganyago to start cutting interest rates this year as long as political developments don’t derail the currency’s gains. Higher commodity prices and
South Korea’s special prosecutor accused Jay Y Lee and other Samsung Group executives of conspiring to create fake documents to mask millions of dollars in bribes funnelled to a confidante of the nation’s president. Lee, the de facto head of
South Africa plans to bring in a new welfare payments system over the next two years and hasn’t yet signed a new interim contract with Net1 UEPS Technologies, the government said on Sunday. Cash Paymaster Services, a unit of Net1, will
President Jacob Zuma ordered the country’s social development and finance ministers to ensure that welfare payments are made to beneficiaries on 1 April, the day after a distribution contract with Net1 UEPS Technologies is due to expire. Zuma held talks