Orders of about $150-billion, double the $75-billion target, mark impressive demand for the largest IPO ever.
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Elon Musk’s SpaceX wants a $1.75-trillion valuation despite posting a near-$5-billion loss last year.
Telkom CEO Serame Taukobong sees at least four to five more years of data-driven growth, and not only on mobile.
Inflation hit 4% in April as the Iran war lifted fuel costs, prompting the Reserve Bank to tighten monetary policy.
A sharp cut to the price of diesel should help ease cost pressures across freight, technology and e-commerce.
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.