The labour department is negotiating a possible out-of-court settlement with a subsidiary of China’s Huawei Technologies, which it accuses of failing to comply with local hiring quotas.
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Blue Label Telecoms on Wednesday provided more insight into a fraud scheme it uncovered last year that led to the suspension of two senior executives.
South Africa used a revenue windfall to cut corporate taxes to revive a coronavirus-ravaged economy and set more ambitious targets to reduce debt and fiscal deficits.
Alviva Holdings’ headline earnings per share will more than double in the six-month period ended 31 December 2021, with all division delivering.
Eskom is considering selling distribution assets as prospects of the government taking over about half of its R392-billion obligations dim, sources said.
Investec is seeking to more than double its private client base in the next three to four years, outpacing growth in a moribund economy.
MultiChoice Group is moving to end the practice of password sharing on its DStv Now streaming service.
South African-founded chat commerce specialist Clickatell, which is now headquartered in California, has secured R1.4-billion in a series-C funding round.
The Gauteng government and the University of Johannesburg will launch the Gauteng E-Waste Management System to tackle the province’s mounting electronic waste problem.
Naspers Foundry said on Tuesday that it will invest R15-million in Cape Town-based Floatplays, an “on-demand earned wage access platform”.