Billions of rand in bailouts will flow to state-owned enterprises, including roads agency Sanral, the Post Office and South African Airways, national treasury said on Wednesday.

Apple CEO Tim Cook on Wednesday touted the importance of privacy and legislation to protect it, as the iPhone maker seeks to distance itself from Silicon Valley competitors under scrutiny for recent user data breaches.

Blue Label Telecoms chairman Larry Nestadt has acquired millions of rand worth of shares in the company in recent weeks as its stock price continued to plumb levels last seen a decade ago.

Huawei, which is engaged in a fierce battle for smartphone supremacy with Samsung and Apple, has launched its new high-end smartphone, the Mate 20 Pro, in South Africa, just a week after it was unveiled in London.

Naspers is planning to increase its stake in Indian online food delivery business Swiggy as the start-up plots its third fundraising round of the year, according to people familiar with the matter.

Gartner has become embroiled in a management scandal at the South African Revenue Service after it emerged that the US IT research company secured an almost R200-million contract without proper procurement procedures being followed.