The rand continued its rally on Monday, outperforming other currencies a few days before the South African Reserve Bank (Sarb) announces its latest interest rate decision, with analysts expecting the repo rate to remain at 7%. Trading 0,8% stronger
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SABC chief operating officer Hlaudi Motsoeneng’s attempt to appeal a court order against his appointment has been flatly rejected by the supreme court of appeal in Bloemfontein, a decision that the Democratic Alliance said on
Teraco has increased the speed and capacity of its Internet exchange point, NAPAfrica, by making a “significant investment” in a new, programmable switching platform from Arista Networks. The migration comes four years after the
The rights of Gauteng road users who are not members of the Organisation Undoing Tax Abuse should be protected as much as those drivers who are members of the civil rights body, says
Twitter was sued by a shareholder over claims it misled investors on key growth metrics, including user count and user engagement, almost two years after touting plans to top 500m users. The suit, filed on Friday in federal court
Twenty-two billion dollars. That’s the value that was wiped off the market capitalisation of Samsung Electronics in two days last week as investors took stock of implications of a global recall of its latest flagship smartphone, the Galaxy
One of South Africa’s largest church groups, Shepherd Bushiri Ministries International, which claims to have about 2m followers, is launching a mobile virtual network operator to offer congregants voice and data
The Huffington Post, the left-leaning American news aggregator and blog site, is to be launched in South Africa in partnership with Naspers subsidiary Media24. The site will go live in November. The partnership was announced on Friday
Another delay has hit South Africa’s digital broadcast migration project as the agency behind the roll-out of set-top boxes has temporarily halted production of these devices. Set-top boxes decode digital signals for analogue television sets and
It may seem that investors in MTN Zakhele, MTN’s black economic empowerment scheme, are pricing in risk given the sell-off leading up to the scheme’s expiry in November. Over the past month, the share price of