Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the US-China trade war intensifies.
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Tencent Holdings jumped the most in two weeks after White House officials are said to have reassured American businesses that a ban on its WeChat app won’t be as broad as feared.
The enormous rally in tech stocks has further to run, according to analysts at investment bank JP Morgan, who recommend staying invested across the sector for its growth potential.
Communications minister Stella Ndabeni-Abrahams has appointed five new councillors to communications regulator Icasa, returning the former acting chairman, Keabetswe Modimoeng, for a fresh term.
Government has issued a request for proposals to procure 2GW of emergency power, a step needed to help plug a severe energy shortage, the department of energy said on Saturday.
Government Internet agency the ZA Domain Name Authority has appointed Molehe Wesi as its new CEO, replacing Peter Madavhu, who has acted in the role for the past 18 months.
Financially distressed mobile operator Cell C expects to close 128 retail stores around the country, with 546 jobs on the line, as it moves to reduce costs and become a more sustainable business.
Vumacam has won a court battle it brought against the Johannesburg Roads Agency after the agency stopped processing wayleave applications, accusing the company of spying.
Seacom chief strategy officer Suveer Ramdhani, who has played an integral role in the telecommunications company since its launch in 2009, has resigned.
Major news publishers are seeking more favourable terms from Apple on commissions the iPhone maker collects from them on payments made through its app store.