China’s biggest live-streaming and e-commerce platforms saw shares drop after the country slapped an unprecedented tax evasion fine on a top influencer.
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Businesses countrywide will from 1 February pay up to 1 700% more for unrest insurance, with e-commerce companies are also in for a nasty surprise.
SweepSouth, the on-demand home cleaning company backed by Naspers, has acquired 100% of FilKhedma, an Egyptian start-up.
South Africa’s inflation rate jumped to the highest level in almost five years in November.
South Africa recorded R557.9-billion of foreign direct investment inflows in the third quarter of 2021.
The US will add eight Chinese companies, including the world’s largest commercial drone manufacturer, to an investment blacklist this week, the Financial Times reported.
Apple analysts just keep getting more bullish.
Shares in JSE-listed electronics group Ellies Holdings plunged as much as 44% on Friday after it issued a weaker-than-expected trading update.
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.