JSE-listed technology group Altron has announced arguably the biggest shake-up in its 51-year history, setting out plans to introduce a new strategic partner and to collapse its control structure. The news sent the share price soaring by more than
Sasol employees have begun moving into the South African energy and chemicals company’s giant, hi-tech new head office in Sandton, north of Johannesburg. The building, Sasol Place, located at 50 Katherine Street, cost R2bn
Opposition from Eskom and government infighting threatens to sabotage the world’s fastest growing green energy programme. Eskom is stalling on signing government-brokered deals to buy renewable energy
South Africa’s economic growth slowed in the third quarter as factory production and trade contracted, complicating the government’s task of boosting output to avoid a possible credit-rating downgrade to junk next year. GDP expanded an
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Verizon’s US$4,8bn deal to acquire Yahoo and merge it with AOL has stalled following a widespread hack of 500m Yahoo users. But AOL CEO Tim Armstrong believes the deal will ultimately close. “I’m cautiously optimistic that it will happen
The last few years have seen a rise of advisory and consulting services at today’s largest audit firms. However, despite the trusted status of these firms, such activity may pose risks to audit quality and investor protection in days to come. This issue
Following the shock results of Brexit and the Trump victory, a lot of attention has focused on the role that Facebook might have played in creating online political ghettos in which false news can easily spread. Facebook now has serious political
A Johannesburg start-up is set to become the first company to manufacture smartphones in Africa, taking advantage of low costs and growing local demand to build handsets, tablets and other devices based on
Amazon.com on Monday unveiled technology that will let shoppers grab groceries without having to scan and pay for them — in one stroke eliminating the checkout line. The company is testing the new system at what