South Africa signalled a shift in budgetary policy, backtracking on planned tax increases as it switched focus to reigniting the coronavirus-battered economy by bolstering consumption and investment.
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South Africa could spend as much as R19.3-billion over the next three years to vaccinate most of its population against Covid-19, national treasury said in a budget presented to parliament on Wednesday.
A group of human rights lawyers has launched a class-action lawsuit against Uber South Africa, seeking to support the company’s thousands of local drivers with better pay and benefits.
Spotify will nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion people around the world.
JSE-listed Imperial Logistics announced on Tuesday that it has bought South African e-commerce logistics specialist Parcelninja. Terms of the deal were not disclosed.
Nasa scientists on Monday unveiled first-of-a-kind home movies of last week’s’ daredevil Mars rover landing, vividly showing its supersonic parachute inflation over the red planet.
Tesla’s years-long dominance of electric car sales may soon be over as traditional car makers introduce a slew of new battery-powered models, one of its German rivals said.
Mercedes-Benz is bolstering the C-Class line-up with versions that carry more powerful batteries to help its popular sedan withstand a trend toward sports utility vehicles.
Communications regulator Icasa said on Monday that it will delay by a month publication of the names of the bidders who have qualified to take part in South Africa’s upcoming spectrum auction.
Even with the 15.63% tariff hike to be implemented on 1 April, Eskom considers its electricity tariffs to be far from cost-reflective. Yet further big price hikes will mean alternative sources of energy become more viable.