JSE-listed technology group Altron has announced arguably the biggest shake-up in its 51-year history, setting out plans to introduce a new strategic partner and to collapse its control structure. The news sent the share price soaring by more than
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South Africa’s economic growth slowed in the third quarter as factory production and trade contracted, complicating the government’s task of boosting output to avoid a possible credit-rating downgrade to junk next year. GDP expanded an
A Johannesburg start-up is set to become the first company to manufacture smartphones in Africa, taking advantage of low costs and growing local demand to build handsets, tablets and other devices based on
R1,1m. That’s how much communications minister Faith Muthambi has splashed out on a brand-new BMW X5 sports utility vehicle. In a document entitled “Additional information on identified virements” for the
The arrogance of the “one-person board” of the SABC needs to be nipped in the bud, ANC chief whip Jackson Mthembu believes. “Some people have become too arrogant. Too arrogant to tell Parliament how it must do
South Africa’s chances of repeating its escape from a junk credit rating in 2017 are in the balance as focus intensifies on tepid economic growth and simmering political tensions. S&P Global Ratings kept its assessment
In an unexpected move, Dimension Data’s Internet Solutions is getting into the retail consumer Internet market. IS said on Friday that it is acquiring Internet service provider MWeb Connect for an undisclosed
MTN Group’s plan to sell shares in its Nigerian unit on the local stock exchange next year is at risk following allegations by lawmakers that Africa’s biggest wireless carrier illegally moved almost
SABC acting head of corporate affairs Hlaudi Motsoeneng waxed lyrical on job creation, business economics and empowerment at an ANC Youth League KwaZulu-Natal lecture on economic freedom in Durban on Thursday
As MTN’s much-lauded black economic empowerment scheme Zakhele enters the final stages of its maturity, uncertainty is growing in the market about the take-up of the newly formed Zakhele Futhi by investors. MTN Zakhele Futhi was meant to be