Johann Rupert, the billionaire who controls luxury goods giant Richemont, is considering selling stakes in two South African fibre networks valued at as much as R22-billion, people with knowledge of the matter said.
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Eskom said on Monday that it will switch off power in Bloemfontein and other towns in the Free State between 6am and 8pm daily until outstanding municipal arrears are settled.
JPMorgan has declined to comment on suggestions that it pressured First National Bank, through parent FirstRand, to shut the bank accounts of South African cryptocurrency exchanges.
Retailer Checkers has launched Sixty60, a new e-commerce app offering free grocery deliveries to consumers within 60 minutes of purchase.
Electricity generated from coal-fired plants is set to fall by a record 3% this year, raising chances for slowing global carbon dioxide emissions growth, according to a report released by Carbon Brief.
Bitcoin sank nearly 10% to the lowest level in six months, extending last week’s slide past the weekend on concerns about a crackdown on cryptocurrency operations by China.
Naspers unlocked about R150-billion of value for shareholders through the separate listing of its Internet businesses, and with that done is now focusing on bulking up in online food deliveries.
JPMorgan pressured First National Bank to close the accounts of cryptocurrency exchanges in South Africa, according to two separate sources. FNB has strongly denied that external pressure forced its hand.
Bitcoin’s sell-off deepened on Friday, putting the digital token at the lowest level since May, after it dropped below yet another key support level.
Shipments of Apple’s popular AirPods wireless earphones are expected to double to 60 million units in 2019, according to people familiar with the Cupertino-based company’s production plans.