A fleet of driverless cars working together to keep traffic moving smoothly can improve overall vehicle flow by at least 35%, a study has suggested.
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Green buildings are increasingly in demand in the face of concerns around Eskom’s ability to supply power.
South Africa is considering the creation of a special-purpose vehicle as part of a restructuring of the country’s embattled state-owned power utility, which has almost R500-billion of debt.
MTN South Africa has buckled under consumer pressure and will no longer implement its plan to introduce a “universal” 1MB out-of-bundle rate, from consumers would have to opt out.
MTN Group’s Nigerian unit soared another 10% on its second day of trading in Lagos as investors rushed to grab a slice of the country’s only listed mobile phone company.
Richemont reported its weakest profit margin in more than a decade, showing how much it’s costing the Swiss luxury-goods maker to push into e-commerce.
MTN Group’s Nigerian unit’s shares jumped as they began trading in Lagos, a step toward a partial sale of a majority 79% stake owned by Africa’s largest wireless carrier.
MTN Group said on Wednesday that its Nigerian subsidiary has received approval to list on the premium board of the Nigerian Stock Exchange.
The Competition Commission has moved to block Naspers’s proposed R1.4-billion acquisition of a 60% stake in WeBuyCars.
Eskom’s debt burden, described by Goldman Sachs Group as the biggest threat to the nation’s economy, has burgeoned, compounding the difficulty the government faces in formulating a turnaround plan.