Finance minister Pravin Gordhan filed court papers that implicate President Jacob Zuma’s friends, the Gupta family, and companies they control in “suspicious transactions” totaling R6,8bn, signalling
Browsing: Top
Cinven, Permira and Mid Europa Partners agreed to buy Naspers’s Polish online auction site Allegro for almost US$3,3bn (R46,4bn), taking on rivals such as eBay in the Eastern European country
Xiaomi distributor Mobile in Africa plans to open stores in South Africa focused on promoting and selling the fast-growing Chinese smartphone brand, its head, RJ van Spaandonk, said on Thursday. Mobile in Africa, which is a sister
Finance minister Pravin Gordhan described fraud charges against him as frivolous and unfounded and said he has no intention of relinquishing his post unless President Jacob Zuma fires him. His lawyers will
Government has no intention of running a mobile network in the country, says telecommunications minister Siyabonga Cwele. Last month, cabinet approved South Africa’s new national ICT policy which seeks
The release of a report by South Africa’s graft ombudsman into the alleged influence of President Jacob Zuma’s friends, the Gupta family, in government affairs has become bogged down in the courts, with legal actions lodged to
President Jacob Zuma has applied for an interdict on the publication of a report by the nation’s graft ombudsman on the alleged influence of the Gupta family in government affairs, public protector Thuli Madonsela said. “He has applied
Samsung Electronics has finally called a halt to its production of the Galaxy Note7. Following on from its earlier problems with the devices spontaneously setting alight, it seems that the replacement also suffered from
First National Bank has continued its push to get more of its customers using its app as their primary channel for transacting, payments and banking. In previous years, it slowly dangled the proverbial carrot to incentivise
With SABMiller out of the JSE Top 40, Naspers now accounts for roughly a fifth of the index – a risk for anyone tethering their savings to the index. Naspers trades on a price-earnings multiple of about 100, which is perilously close to