South Africa is likely to miss its 1.3% growth target this year and may have to curb spending to stick to its budget framework, finance minister Malusi Gigaba said on Thursday. “We do believe there are a number of hard decisions that will

Amazon.com will acquire Whole Foods Market for US$13,7bn, a bombshell of a deal that catapults the e-commerce giant into hundreds of physical stores and fulfils a long-held goal of selling more groceries. Amazon agreed

Vodacom CEO Shameel Joosub took home a total of R21,4m in the 2017 financial year, the group revealed in its annual report, published on Thursday. That’s a small decline on the R21,8m he was paid in 2016. Joosub’s 2017 package

Bitcoin tumbled as much as 19%, putting the digital currency on pace for its worst week since January 2015, as volatility climbs following a record-setting surge in the price. After flirting with $3 000 on Monday, the

Vodacom Group has appointed Jabu Moleketi, a former South African deputy finance minister, as its new chairman, replacing Peter Moyo, who is leaving after the annual general meeting on 18 July to take up the role of CEO of Old

Mobile phone sales in South Africa and the broader continent fell “drastically” in the first quarter of 2017 compared to the fourth quarter of last year, new research released by International Data Corp this week showed. The technology

Corporate chatroom start-up Slack Technologies has received recent inquiries about a potential takeover from technology companies including Amazon.com, people with knowledge of the situation said. A deal could give San Francisco