The rand strengthened to a 10-month high on Tuesday, a week before the general election.
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Newly appointed Naspers and Prosus CEO Fabricio Bloisi has promised more of the same in strategy, with a focus on AI.
The most pivotal South African election in decades is already turning the tide of the country’s financial markets.
British personal computer maker Raspberry Pi has announced that it is considering an initial public offering.
The rand has erased the year’s losses and South Africa’s benchmark stock index closed at the highest level in nine months.
Apple’s quarterly results beat modest expectations as the iPhone maker unveiled a record share buyback programme.
Although Ellies Holdings is facing liquidation, the group’s underlying businesses could yet be saved.
Analysts see iPhone sales, which account for about half of Apple’s revenue, falling 10.4% in the first three months of 2024.
South Africa has strong institutions that can buttress its economy, the head of research at Standard Chartered Bank said.
Elon Musk’s net worth is soaring after it plunged to the lowest level in almost a year.