Technology investor Prosus and sister company Naspers fell sharply in Amsterdam and Johannesburg trading after China’s move to place restrictions on the country’s education-technology sector.
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Aspen has announced the release of much-needed locally manufactured Covid-19 vaccines to Johnson & Johnson to be used in South Africa.
South African insurance-technology start-up Pineapple has raised R80-million in a series-A funding round from investors including Vunani Capital and Old Mutual.
South African Airways subsidiary Mango Airlines will enter into business rescue, SAA’s interim CEO, Thomas Kgokolo, told the eNCA television news channel on Monday.
Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week.
South Africa on Sunday lifted restrictions on the sale of alcohol on weekdays and the movement of people between provinces as President Cyril Ramaphosa said a third wave of the coronavirus may have peaked.
Sipho Maseko is stepping down as CEO of the partially state-owned telecommunications group Telkom after nine years in the job. He will depart on 30 June 2022.
Government said the third wave of coronavirus infections has passed its peak, a development that could give it scope to ease a ban on alcohol sales and other restrictions.
Transnet said on Friday it had identified and isolated the source of the disruption to its IT systems, which impacted its container terminals.
Vodafone Group has hinted it could spin off its African mobile money service M-Pesa after its popularity soared through the coronavirus pandemic.