Motorists will have to dig deeper into their pockets next month as the price of petrol is set to increase by 49c/l. In a statement on Thursday, the department of energy said both grades of petrol, 93 and 95 (ULP and LRP), will rise by 49c
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A surge in after-hours trading for Amazon.com added US$3,3bn to the fortune of Jeff Bezos, putting him less than $5bn away from becoming the world’s richest person. Bezos saw his fortune surpass $80bn for the first time
The SABC is in talks with national treasury to secure a guarantee to help it claw its way out of a financial crisis after it failed to pay some of its content suppliers in March and
South Africa hasn’t complied with the constitution in seeking bidders for a nuclear energy programme and must cancel any deals that have already been signed, the Western Cape high court ruled. The government must
Blue Label Telecoms has appointed Wayne McCauley as chief operating officer of South Africa, based in Johannesburg. The JSE-listed company, which is in the throes of acquiring a 45% stake
South African inflation is under control and the central bank will maintain a policy to keep it low to protect the poor and ease inequality, Reserve Bank governor Lesetja Kganyago said. Pursuing other priorities
Uber Technologies hopes to one day operate a network of flying cars. On Tuesday, the ride-hailing company laid out some aggressive plans to get closer to its first flight. Officials in Dallas
South Africa’s finance ministry has asked for a study into the introduction of an annual wealth tax as the government seeks to boost the standard of living of the black majority. The Davis Tax Committee
Connected South Africans are more likely to have checked into Facebook in the past week than watched television, according to a new study. Cape Town-based media agency Limelight Consulting has published the
Lyft drivers have accused Uber Technologies of illegally tracking their whereabouts using spyware code-named Hell to gain a competitive edge in the ride-hailing market. Uber engaged in “illegal, surreptitious and