A sharp cut to the price of diesel should help ease cost pressures across freight, technology and e-commerce.
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The Reserve Bank has lifted the repo rate by 25 basis points to 7%, citing a sharp jump in fuel prices.
Mustek minorities will get R15.41 a share, 18.5% more than originally offered, after the regulatory settlement.
Datatec Group’s underlying EPS jumped 35% as enterprise AI and cybersecurity spending lifted earnings significantly.
South Africa’s capital markets are being hollowed out due to a change in the country’s offshore investment rules.
New Reunert CEO Anthonie de Beer’s first results show a group split between strong tech and weak infrastructure exposure.
Nvidia has beaten estimates and lifted guidance again, but the shares slipped on questions about AI’s durability.
SpaceX has taken the wraps off its IPO filing, laying bare for investors just how much Elon Musk is losing on AI.
South Africa’s key inflation number hit 4% in April, with fuel prices still rising and interest rate hikes now looking likely.
Naspers’s Prosus is slashing the Brazilian business’s profit forecast to defend it from well-funded competitive rivals.