Shares in JSE-listed electronics group Ellies Holdings plunged as much as 44% on Friday after it issued a weaker-than-expected trading update.
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Tesla CEO Elon Musk is “thinking of” leaving his jobs and becoming an influencer, the world’s richest man tweeted on Thursday.
Apple is on the verge of reaching $3-trillion in market value. That’s bigger than the entire German equity market. Or the UK economy.
Fundraising by African start-ups is set to reach $5-billion in 2021, a higher amount than the figure raised in the previous three years combined.
GDP decreased by 1.5% in the third quarter of 2021, providing a direct insight into just how badly July’s looting affected the economy.
MTN Group said the initial public offering of its Ugandan unit raised USh535.9-billion, less than two-thirds of its target.
Commonwealth Fusion Systems has raised $1.8-billion from investors, including Bill Gates, in the fusion industry’s largest financing deal.
As technology stocks have slumped over the past week, traders have found a haven in the sector: Apple.
Twitter on Monday joined the likes of Microsoft and Google in recognising India as one of the world’s richest pools of tech talent.
The rand weakened beyond R16/US$ for the first time in a year amid growing concern over a coronavirus variant.