South African President Jacob Zuma made the payment ordered by the constitutional court for taxpayers’ money spent to upgrade his private home in Nkandla, KwaZulu-Natal province, the national treasury said. “The money has been paid
Author: Agency Staff
Samsung Electronics lost US$22bn of market value over two days as investors factor in a bigger hit to its bottom line from widening bans and warnings on its Note7 smartphones. Shares have plunged 11% since Friday, the biggest
For more than a week, Samsung’s shares survived reports of its exploding Galaxy Note7 smartphone, a worldwide recall, and news of the “heartbreaking” US$1bn bill. Yet calls by airlines and regulators for passengers to follow somewhat mundane
Police have made a breakthrough in the cases of three people who were attacked in July and August, allegedly while taking Uber rides. On 16 July, a woman was attacked and raped after getting into what she thought
Samsung Electronics has renewed calls to consumers to stop using its Galaxy Note7 smartphones immediately and exchange them as soon as possible, as more reports of phones catching fire emerged even after the company’s global
The Democratic Alliance has called for the immediate suspension of top South African Revenue Service (Sars) figure Jonas Makwakwa, allegedly the recipient of “suspicious and unusual payments”. The Sunday Times reported that Makwakwa
The Communication Workers Union (CWU) says it has suspended a strike against Telkom. Hundreds of Telkom workers have been on strike for over a month as they demand an 11% salary increase, six months’ maternity leave, gain-sharing and
South African Airways has banned the charging of Samsung Galaxy Note 7 smartphones on board all its aircraft effective from Saturday, amid battery explosion reports. “South African Airways has taken a decision to prohibit the charging
With Facebook’s user growth in developing countries soaring, mutual funds focused on emerging economies are increasing investments in the Menlo Park, California-based company. Six years ago, 60% of the social platform’s 482m
SpaceX’s billionaire founder Elon Musk called the Falcon 9 explosion its most perplexing failure in 14 years, deepening the mystery surrounding the loss of the satellite-bearing rocket on its launchpad last week. US investigators are looking into