For a clue on how bearish foreign investors have become about Chinese stocks, take a look at Tencent Holdings, in which South Africa’s Naspers holds a roughly one-third stake. The Shenzhen-based technology giant has tumbled 13% from its
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Bitcoin headed for its biggest weekly jump since June as rising geopolitical risks boosted demand for alternative assets. The cryptocurrency surged 15% this week to US$900,40 as of 2.38pm in Hong Kong, taking its gain this year
Eskom on Tuesday afternoon released the request for information for 9,6GW of new nuclear power generation capacity, but made it very clear that it has not commenced with procurement. This follows
Former top equities analyst and senior banker Duarte da Silva and former MTN South Africa CEO Zunaid Bulbulia are set to invest more than R125m buying significant minority positions in listed telecommunications company Huge
Telkom has given R1bn in financial assistance to its IT services subsidiary Business Connexion, it said on Monday. The money will be used by BCX, among other things, to meet working capital requirements. Telkom
SABC board chairman Obert Maguvhe has resigned, the public broadcaster’s news service reported on Monday. He was the sole remaining member of the board. Maguvhe, who faced a grilling last week in parliament over corporate
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major foreign-exchange trade, stock index and commodity contract. The electronic
uMkhonto weSizwe Military Veterans Association treasurer-general Des Van Rooyen told guests at a commemoration gala dinner that at the next MKMVA meeting he would push for a resolution that all
Liquid Telecom’s R6,5bn acquisition of Neotel is going ahead. Communications regulator Icasa on Thursday gave the deal the green light, approving the transfer of licences to Liquid, according to a well-placed source with knowledge
A transformation is happening in global energy markets that’s worth noting as 2016 comes to an end: solar power, for the first time, is becoming the cheapest form of new electricity. This has happened in isolated projects in the past