Government and automotive original equipment manufacturers are working towards accelerating the development of manufacturing capabilities for new energy vehicles in South Africa.
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Absa has joined several other banks, including Capitec and FNB, in launching the ability for clients to use its banking app to make payments using QR codes.
JSE-listed technology group Altron said on Wednesday that its headline earnings per share will fall by as much as 29% because of the disposal of its Bytes UK arm and weak trading conditions.
Ethiopia received bids for telecommunications licences from MTN Group and a consortium led by Vodafone Group, according to Brook Taye, an adviser in the finance ministry.
Uber has pledged to increase safety campaigns for food delivery drivers and review the insurance they provide following a recent exposé about the mounting risks faced by drivers.
South Africa plans to lift the licensing threshold for small-scale power generation projects to 10MW from 1MW, a boost to firms anxious to curb their reliance on the ailing Eskom, but industry experts had hoped for more.
Rob Shuter, who resigned as CEO of MTN Group last year and who has since taken a senior role at the UK’s BT Group, was paid R73.8-million in his final eight months at the JSE-listed telecommunications firm.
South African prosecutors are seeking the extradition of a British national who’s been implicated in a fraudulent deal with Eskom.
Ether pulled back sharply from a record high and bitcoin also fell on Friday amid speculation that US President Joe Biden’s plan to raise capital gains taxes will curb investment in digital assets.
Altron has declared a special dividend of 96c/share after it successfully spun off Bytes as a separate listing in London and Johannesburg and ended up with more cash than it expected.