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Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, according to a person with direct knowledge of the fund’s plans.

Two days after Elon Musk vowed on Twitter that he had “funding secured” for a spectacular $82-billion deal to take Tesla private, he has offered no evidence to back up the statement

Telkom says the deadline for unbundling the local loop, the “last mile” of copper cables that connects consumers to its network, is “unrealistic”. Telkom’s chief of corporate governance, Ouma Rasethaba

The salesman at the solar power shop told me: “You have no idea how stupid batteries are.” That comment made me wonder about his intelligence, so it took me some time to realise the canny wisdom of this apparently dim statement