Shortly after 2pm, the currency was trading at R16.78/$, continuing a firming trend that started in April.
Top News
Presidency spokesman Vincent Magwenya has urged restraint on focusing on Starlink, saying multiple satellite providers are eyeing investment in South Africa.
Renewable capacity continues to expand as government advances transmission expansion and private sector participation initiatives nationwide.
Wiocc Group has secured $65-million in debt financing to expand open-access digital infrastructure across Africa.
More News
Peach Payments tracked a Black Friday-linked transaction worth R1.09-million as consumers opened their wallets and spent big.
FNB’s banking app has gone down at the worst possible time: on Black Friday, one of the biggest shopping days of the year.
NTCSA has won regulatory approval to run South Africa’s new power market, advancing key electricity sector reforms.
Icasa has launched an inquiry into the licensing regime for individual electronic network communication services licences.
Cell C listed on the JSE on Thursday, completing a multi-year turnaround that has reshaped the business.
Despite plunging TV ad spend, eMedia boosts headline earnings 20.9% thanks to tight cost control and digital momentum.
World News
The move by Google comes just weeks after a US judge spared the company from a forced breakup in an antitrust case.
Nvidia has announced it will invest $5-billion in Intel, throwing its heft behind the struggling US chip company.
Meta has tasted success with its smart glasses, with CEO Mark Zuckerberg describing them as the perfect way for humans to reach for the AI promise of “superintelligence”.
Huawei has broken years of secrecy to reveal its road map to compete against Nvidia in advanced AI chips.
