South Africa has signed a trade framework with China aimed at securing duty-free export access amid US tariffs.
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Stablecoins are reshaping global finance, but South Africa’s regulatory inaction risks leaving consumers and banks exposed.
From budget city cars to ultra-luxury flagships, South Africans are increasingly spoiled for choice in electric cars.
Global markets retreated on Friday as Wall Street’s selloff spread worldwide, with AI spending fears driving volatility.
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Facebook is giving up on its standalone Moments photo organiser app more than three years after launching it.
Teraco Data Environments is being acquired by Berkshire Partners, a Boston-based investment firm. The Permira funds, an existing shareholder, will remain a “significant” investor alongside Berkshire.
The weak South African economy, coupled with consumers “optimising” promotional data, has led to a surprise decline in Vodacom’s service revenue in the quarter ended 31 December 2019.
Internet ride-hailing company Uber has introduced a “Lite” version of its smartphone app in South Africa, aimed at users in bandwidth-constrained environments.
MTN Uganda is in talks to sell an unspecified stake to the state-run National Social Security Fund that would widen local shareholding currently at only 5%, President Yoweri Museveni’s office said.
Chinese technology giant Huawei has announced plans for a next-generation smartphone that will use its own technology instead of US components, manoeuvring to gain a competitive edge and sidestep complaints it is a security risk.
