Apple was ordered to repay a record €13bn (US$14,5bn; R210bn) plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill. The world’s richest company benefited from a “selective tax treatment” in
Author: Agency Staff
Splits in South Africa’s ruling party over a police investigation of the finance minister are marking the battle lines for control of the ANC after President Jacob Zuma steps down as its leader next year. The tension within the party
The CEO of Net1 UEPS Technologies, which has the contract to distribute South Africa’s R129bn in annual welfare payments, said he isn’t “remotely concerned” about the outcome of a court case that could stop deductions for services such as funeral
Forget bitcoin. There’s a new digital currency that is surging as online drug dealers begin adopting it to conduct business with more anonymity. The two-year-old currency monero has more than quadrupled this month after gaining
Apple invited journalists to an event in San Francisco on 7 September where the world’s largest publicly traded company is expected to roll out a series of product upgrades. The invitation showed out-of-focus multicoloured
Finance minister Pravin Gordhan has fired “the political equivalent of a bazooka” at Eskom CEO Brian Molefe, Democratic Alliance MP David Maynier said on Monday after national treasury issued a statement saying that the state-owned power
South Africa’s credit rating would be cut and the rand would “buckle” if finance minister Pravin Gordhan is removed from his post, according to Goldman Sachs. The currency has slumped 6,2% since 23 August
A Cape Town duo is set to become one of the first bands in the world to produce a song in collaboration with a supercomputer. The electronica outfit Original Swimming Party is an
A power line inspection drone designed by local robotics engineers could be the answer to Eskom’s power cut woes, and has already piqued the interest of overseas governments. Durban engineers Trevor
The Gupta family has on Sunday pleaded with the Democratic Alliance’s David Maynier to stop using the family name “as a football in his party-politicking battles”. The family, in a statement, was responding to utterances