Author: Agency Staff

Snapchat will seek to raise as much as US$4bn in its planned initial public offering, according to people familiar with the matter. The IPO could value Snapchat at about $25bn to $35bn, the people said, asking not

National treasury will ensure it protects South Africa’s fiscal integrity with regard to South Africa’s nuclear procurement plan. Deputy finance minister Mcebisi Jonas told media on Wednesday that treasury will

The heat will be on finance minister Pravin Gordhan when he delivers his mid-term budget on Wednesday at a time when the economy is stagnating, the nation stands on the brink of a junk credit rating and

BlackBerry showed off the last phone it will market itself before completely outsourcing design, production and distribution to partners: a 5,5-inch touchscreen device that rivals the size of the iPhone 7 Plus and

Xiaomi, once the biggest smartphone vendor in China, has unveiled its most expensive handsets as it seeks to recapture sales with a push into high-end devices. The Mi Note 2, sporting a curved screen

Former ANC MP Vytjie Mentor has filed papers at the high court in Pretoria seeking to intervene in President Jacob Zuma’s bid to halt the release of the public protector’s “state capture” report. The matter was initially set

In a dramatic move of support for Pravin Gordhan, 81 CEOs pledged support for the finance minister days before he presents his mini budget and a week before he appears in court on fraud charges. “We stand as one for the rule

With his job on the line, fraud charges hanging over his head and university students rioting for free education, finance minister Pravin Gordhan’s resolve to maintain fiscal discipline and avoid a junk credit

Splits are widening in the ANC over President Jacob Zuma’s leadership and a decision by prosecutors to charge finance minister Pravin Gordhan. The depth of the unease in the party was revealed on Sunday when