The rand extended gains, strengthening the most among global currencies after the South African government said it would delay a plan to build new nuclear power plants, allaying concern that the cost of the program would strain
Author: Agency Staff
South Africa’s jobless rate rose to the highest in over a decade in the third quarter as more people started looking for employment. The jobless rate rose to 27,1% in the quarter through September, from 26,6% in the previous three
National fibre operator FibreCo Telecommunications has poached Broadband Infraco’s Sammy Mafu as its new business development executive. Mafu, who was chief marketing and sales officer at the state-owned
South Africa has delayed plans to build new nuclear power plants over concern about their cost and the waning demand for additional electricity as economic growth stalls. Under a new timeline, the first nuclear power is expected to
After fuelling the 20th century car culture that reshaped cities and defined modern life, petrol has had its day. The International Energy Agency forecasts that global petrol consumption has all but peaked as more efficient cars and the
How can you tell the US$200bn market for digital advertising is devolving into a two-horse race? The duopolists are retreating to their respective corners to specialise in what they do best. Those two titans are Google and Facebook, which
National treasury and Telkom have concluded negotiations on the existing contract for fixed-line telecommunications services for national and provincial departments. In a statement on Monday, national treasury said the
The country’s proposed national minimum wage amounts to R20/hour and brings South Africa a step closer to tackling poverty, inequality and unemployment, deputy President Cyril Ramaphosa said to reporters in Johannesburg on Sunday. “It is by no
Symantec, one of the world’s largest cybersecurity companies, agreed to buy LifeLock for about US$2,3bn (R33,2bn) including debt to expand in services for identity protection. The offer for LifeLock values its shares at $24 apiece, according
President Jacob Zuma will face a tough grilling during his last question-and-answer session for the year in the national assembly. Zuma will answer questions in parliament on Wednesday, his first appearance since he blasted the