A week of deadly riots could cost South Africa about R50-billion in lost output, while 150 000 jobs have been placed at risk, the presidency said.
Browsing: News
All the latest technology news from South Africa and around the world.
Apple will not introduce an updated version of its smaller iPhone mini smartphone next year, after it failed to become popular among consumers, Nikkei reported on Wednesday.
Expectations are again being created that a final decision on the future of e-tolls on the Gauteng Freeway Improvement Project is imminent. We’ve been here before.
Eskom has asked South Africans to cut back on their use of electricity as the South African Weather Service forecasts of the arrival of a powerful winter weather system this week.
Naspers-controlled consumer Internet investment group Prosus is leading an R18.2-billion funding round in Indian food-delivery giant Swiggy. Japan’s SoftBank Group is a co-investor in the round.
Bitcoin has fallen below $30 000. The world’s largest cryptocurrency is now 54% below the high of $64 870 reached on 14 April.
CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.
A pandemic-led boom in online shopping in South Africa has seen Woolworths report a 118% increase in online food sales in the 52-week period to 27 June 2021.
It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was.