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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IBM has announced it will buy Red Hat, the world’s biggest Linux company, for $34-billion. That’s more than a quarter of IBM’s market capitalisation, and comes as the legacy computer giant tries to play catch-up in cloud computing.
Apple is about to give two product lines much-needed upgrades after the gadgets slipped into the towering shadow of the iPhone.
South Africa’s recovery from corruption at its state-owned companies requires thorough reform and punishing those responsible, according to public enterprises minister Pravin Gordhan.
Naspers said on Friday that it will invest R1.4-billion to help South African technology entrepreneurs grow their start-ups and will invest R4.6-billion over the next three years in the local technology sector.
Rain will build a 5G network in South Africa, chairman Paul Harris said at the South Africa Investment Conference on Friday. It will leverage its existing spectrum allocation in the 3.6GHz band to do this, he said.
President Cyril Ramaphosa said his administration has placed economic growth and job creation at the top of its agenda, and it will ensure there is greater clarity about policy and land ownership rights.
