At a meeting open to all Uber Technologies employees on Tuesday, Travis Kalanick apologised for cultural failings at his company after a former employee alleged she was harassed and discriminated against while working there. Alongside board member
Telkom is considering a bid of as much as R13bn for Cell C, which has missed debt payments and is trying to complete a recapitalisation, according to three people familiar with matter. Investment banks are also approaching other potential
South Africa’s new stock exchange, ZAR X, listed its first companies on Monday, with Senwes and parent Senwesbel the first to join the bourse. It’s the first rival to the incumbent, the JSE, in decades. The new stock market, which is entirely electronic
In this episode, Duncan McLeod chats to Jim Brent, the chief technology officer of South Africa’s new stock exchange, ZAR X. Brent tells McLeod about how technology and telecommunications – particularly the proliferation of
Many see the decision by the ANC to send the disgraced former CEO of the power utility Eskom to parliament as the precursor to another attack on the national treasury and to remove finance minister Pravin Gordhan. The decision to give Brian Molefe
South Africa’s first alternative exchange, ZAR X, made its debut on Monday with the listing of agribusiness Senwes and its holding company Senwes Beleggings (Senwesbel), which marked the disruption of a more than 50-year long monopoly
The Organisation Undoing Tax Abuse, long a thorn in the side of roads agency Sanral over the tolling of Gauteng roads, has now set its sights on Eskom, lodging a complaint with the Competition Commission seeking the state-owned power
The dispute over South Africa’s social grant system and threatening millions of vulnerable beneficiaries with non-payment creates risks that go far beyond interrupting poor people’s access to desperately needed grants. The failure of the South African
International money transfer service TransferWise has announced an integration with Facebook’s Messenger that will let people set up foreign exchange transactions over the chat service. London-based TransferWise launched the technology
Now there’s another Facebook app making features that mimic Snapchat. WhatsApp, the chat application owned by Facebook and used monthly by 1,2bn people, is adding a built-in camera to let people take photos or videos, and send them