Global media and Internet giant Naspers has opened an office in San Francisco, the US city renowned for housing top internet giants such as Facebook and Google. Naspers’s opening of its San Francisco
Author: Agency Staff
Labour minister Mildred Oliphant conceded on Tuesday that a meeting between cabinet ministers and South Africa’s four banks had taken place. However, she didn’t want to provide further details as the ministers were still to report back to cabinet
The department of telecommunications & postal services has started to accelerate the rationalisation of state-owned entities to save money. Minster Siyabonga Cwele on Tuesday said that the programme to rationalise
The funds that invest money with the Public Investment Corp (PIC) lost more than R100bn when President Jacob Zuma fired former finance minister Nhlanhla Nene on 9 December 2015, said Daniel Matjila, CEO of the organisation
Moody’s Investors Service has affirmed Eskom’s credit rating with a negative outlook, following the affirmation of the country’s sovereign credit rating. The power utility was placed on review for a potential downgrade
The private sector has set aside R1,5bn to help small and medium enterprises survive the tough economic climate. The announcement was made CEO of Discovery Adrian Gore during a briefing at the Union Buildings where government, labour
Starting next month, doctors and nurses in remote areas of Rwanda will be able to order blood and emergency medicine via a text message. Part of a new breed, designed to save lives, the drone will fly to the clinic using GPS
Unemployment increased by 2,2 percentage points to 26,7% in the first quarter of 2016, compared to the fourth quarter of 2015. This is the highest rate since 2008. Employment levels declined in all industries, except community and
South Africa’s advanced banking sector and a lack of demand are key reasons for the local failure of Vodacom’s mobile money product M-Pesa, says an analyst. On Monday, Vodacom announced that
After more than two “stress-filled and anxious” years, sacked Cape Times editor Alide Dasnois on Monday said she is satisfied with her last-minute settlement offer from Independent Newspapers