South Africa is set to miss all but one of the 2030 targets the National Planning Commission set just over a decade ago.
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Cisco’s $28-billion deal for Splunk is likely to prompt other tech giants to splash out on similar acquisitions.
Based on the average analyst price target, Microsoft shares have a return potential of 25%.
The rand posted strong gains on Friday, as traders pushed out expectations for interest rate cuts.
Microsoft is narrowing the gap with Apple in the stock market as investors see better growth prospects at the software giant.
Chinese sovereign lending to Africa fell below $1-billion last year, the lowest level in nearly two decades.
Ervin Tu, newly appointed Naspers and Prosus interim CEO, has promised investors stability and investment discipline.
Technology group Mustek has reported more than R10-billion in annual sales, an improvement of 13.7% over 2022’s numbers.
Chip designer ARM Holdings secured a $54.5-billion valuation in its initial public offering ahead of its listing on Thursday.
The Reserve Bank will keep interest rates steady at its 21 September meeting, economists say, with cuts to start next year.