In the waning days of Donald Trump’s presidency, Jeremy Grantham warned that US stocks were in an epic bubble. He now predicts Joe Biden’s economic recovery plan will propel them to perilous new heights, followed by an inevitable crash.
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Intel gave an upbeat forecast for the current quarter on continued demand for PCs that enable working and studying from home. The stock jumped.
Cape Town-founded agritech start-up Aerobotics has raised $17-million in a series-B funding round led by Naspers.
Elon Musk, the outspoken South African-born entrepreneur behind Tesla and SpaceX, is now the richest person on the planet.
Cartrack, whose shares more than doubled in value in 2020, plans to delist from the JSE and file for an initial public offering on the Nasdaq, the company announced on Thursday.
Investors are weighing how big to go on US technology stocks in the coming year, as pricier valuations, regulatory risks and a revival of the market’s beaten-down names threaten to dim their allure.
Fresh from the successful listing of its former subsidiary, Bytes Technology Group, in the UK, could Altron look at an unbundling of Netstar next as it seeks to unlock further value for shareholders?
Altron on Thursday successfully listed its former subsidiary Bytes Technology Group on the main board of the London Stock Exchange, with a secondary listing on the JSE.
South Africa came out of its longest recession in 28 years as the economy rebounded more than projected in the third quarter.
Ellies Holdings reported a sharp turnaround in its fortunes in the six months to 31 October 2020, turning in headline earnings per share of 2.56c against a loss a year ago of 2.91c.