Despite an imminent government decision on the future of e-tolls, the department of transport has published revised tariffs for the Gauteng Freeway Improvement Project that will be effective from 1 March.
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All of last week, Tesla was tempting and taunting the pros, lighting up brokerage phone lines and getting blood pumping like no time since 1999.
Administrators for South Africa’s loss-making state airline have defended their decision to cut routes as part of a turnaround plan, after objections from President Cyril Ramaphosa, government and labour unions.
Uber Technologies said it will deliver a first-ever quarterly profit by the end of the year, signalling that cost-cutting measures are exceeding even the company’s own recent expectations.
South African Airways cut flights to nine international cities and all domestic services except Johannesburg to Cape Town as the embattled state-owned carrier scales back to stay in business.
Within minutes of the stock market’s open on Tuesday, shares of Tesla shot up 17%. Which feels extraordinary, except for the fact that they gained more the previous day.
As Tesla observers try to understand how and why the stock has tripled in a little more than three months, analysts are second-guessing the notion that the Model 3 maker will be caught anytime soon.
Tesla’s market value briefly topped $100-billion for the first time, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.
South African Airways has cancelled international flights between Johannesburg and Munich along with a range of local flights between Johannesburg and Cape Town and Johannesburg and Durban.
The financial crisis at South African Airways deepened on Tuesday with one of the nation’s largest travel agencies announcing that the airline had cancelled several domestic and international flights.