South Africa’s rand slumped for a fourth day, falling to a 10-week low against the dollar as a global bond selloff intensified on speculation President-elect Donald Trump’s spending pledges will fuel inflation and
Author: Agency Staff
Vodacom Group, Africa’s biggest wireless operator by market value, reported a 4,1% increase in first-half sales as strong growth in its home market of South Africa offset falling customer numbers in some international
Samsung Electronics, the world’s biggest maker of smartphones, has agreed to buy Harman International Industries for about US$8bn in cash to expand in high-end car audio and connected automobiles. The offer values Harman shares
Donald Trump credits social media with a key role in his upset victory in the US presidential election and may continue to use it once he takes office, though he plans to be more circumspect. “I’m going to be very restrained, if I use it at
Despite intimidation and death threats, the SABC 8 on Sunday reiterated their determination to go ahead with a constitutional court case probing possible censorship at the national broadcaster. “While the journalists are concerned
Retired public protector Thuli Madonsela should step back from commenting on the state capture report as she has no further role to play in the process, the presidency said on Friday. Madonsela’s continuing public statements
South Africa’s embattled president, Jacob Zuma, is staying put. The writing appeared to be on the wall for Zuma, 74, as recently as last week, with more than 100 ANC veterans joining labour unions, civil rights groups and opposition parties
BlackBerry has officially stopped making its own phones, but the company has one last treat for die-hard fans: a new phone sporting its trademark physical keyboard. CEO John Chen had hinted at the phone in
Facebook CEO Mark Zuckerberg rejected the idea that fake news on the social network influenced the US presidential election and said echo chambers aren’t really a problem on the site. The company co-founder was responding
The rand slumped the most five years on Thursday, leading global currency declines against the dollar as a global bond selloff worsened amid concern that spending by the Donald Trump administration will fuel inflation