The rand weakened early on Monday after South Africa’s Covid-19 vaccination plan suffered a setback over the weekend as the government put on hold the use of AstraZeneca’s vaccine in its programme.
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Dogecoin, the tongue-in-cheek cryptocurrency featuring a Shiba Inu dog as a mascot, briefly touched a record on Monday after billionaire Elon Musk, rapper Snoop Dogg and Kiss bassist Gene Simmons tweeted about it.
The US app Clubhouse erupted among Chinese social media users over the weekend, with thousands joining discussions on contentious subjects such as Taiwan and Xinjiang undisturbed by Beijing’s censors.
South Korea’s Hyundai said on Monday it is now not in talks with Apple on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker’s shares skidding.
Twitter is building a subscription product as a way to ease its dependence on advertising – a plan that has taken on a heightened priority given the pandemic and pressure from activist investors to accelerate growth.
Some people are laughing through gritted teeth at Elon Musk’s tweets promoting dogecoin – the joke may ultimately be on all of crypto.
City Power, Johannesburg’s municipal electricity supplier, has moved to a two-hour load-shedding schedule and announced changes to its load-shedding blocks – both implemented with immediate effect.
Telkom on Friday said Dirk Reyneke will replace chief financial officer Tsholofelo Molefe, who resigned in December to join MTN Group, also as CFO.
MTN Group said on Friday it expects 2020 earnings to nearly double, mainly on gains from the sale of Uganda and Ghana tower joint ventures.
Eskom will implement stage-2 load shedding from midday on Friday, with the cuts expected to continue all weekend, as heavy rains impact the utility’s ability to burn coal.