Stellantis MD Mike Whitfield insists the greenfield project is merely on hold, not abandoned, amid market upheaval.
Top News
Tech billionaires promise AI abundance underwritten by a basic income. Run South Africa’s budget and the thesis unravels.
Former communications minister Dina Pule presided over one of the ICT sector’s darkest chapters.
The company will begin reopening access after agreeing to work closely with Washington on safety protocols.
More News
Eskom lost another generating unit at the Kusile power station on Monday afternoon, forcing the state-owned utility to escalate load shedding to stage 4.
Altron has reported a 37.8% increase in headline earnings per share from continuing operations on the back of a 5.7% improvement in full-year revenue.
Eskom chief operating officer Jan Oberholzer has warned that the current bout of load shedding could get worse if there are further plant breakdowns.
Vodacom Group is mulling a bond issue and will pay a smaller proportion of its earnings in dividends as it looks to finance new growth plans.
Vodacom Group on Monday declared a full-year dividend of R4.30/share after reporting a solid performance from South Africa, its biggest market.
The rand fell in early trade on Monday amid subdued risk-taking as investors sought safety due to fears about global growth and the impact of load shedding.
World News
SAP CEO Bill McDermott, who led Europe’s largest software company during a decade of rapid changes in the industry, is stepping down and will be replaced by Jennifer Morgan and Christian Klein as co-CEOs.
Apple CEO Tim Cook defended the company’s decision to remove a mapping app in Hong Kong, saying the company received “credible information” indicating the software was being used “maliciously” to attack police.
A global economic body has proposed overhauling the way multinationals, particularly technology giants, are taxed to make sure they pay their fair share in countries where they do significant business.
Samsung Display plans to spend $11-billion developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals.
Therapy, on Johannesburg’s Juta Street, was once a nightclub in the heart of gay Braamfontein. Today the building stands unused. The loud interiors and labyrinthine back rooms hint at a former wild life. The music got turned down for the last time in 2010. Now this part of the inner-city neighbourhood
Naspers-controlled pay-TV operator MultiChoice, which owns DStv and SuperSport, may soon face a probe by South Africa’s competition authorities after rival On Digital Media (ODM), which owns TopTV, accused it of anticompetitive abuses. TechCentral can reveal exclusively
