Business leaders have told President Cyril Ramaphosa that the jobless rate could rise to 38.1% by 2030 without urgent action.
Browsing: Investment
Investment firm REdimension Capital has announced its inaugural fund, which will focus on investing in early-stage start-ups.
Altron shares fell sharply on Wednesday after the technology group warned of challenges at two subsidiaries.
South Africa has asked the US government to consider an early extension of Agoa.
Perennial underperformer Ellies has warned it will splash more red ink over its income statement.
Adobe’s $20-billion bid for cloud-based designer platform Figma will face a full-scale EU antitrust probe, sources said.
Kasha, an Africa-focused health-technology company, has raised more than $21-million in a series-B funding round.
The Reserve Bank decided to halt interest rate hikes on Thursday for the first time since November 2021.
Inflation has fallen below the Reserve Bank’s target ceiling for the first time in 14 months.
President Cyril Ramaphosa said on Thursday that South Africa’s ICT sector could help drive growth in much-needed jobs.