Shortly after 2pm, the currency was trading at R16.78/$, continuing a firming trend that started in April.
Top News
Presidency spokesman Vincent Magwenya has urged restraint on focusing on Starlink, saying multiple satellite providers are eyeing investment in South Africa.
Renewable capacity continues to expand as government advances transmission expansion and private sector participation initiatives nationwide.
Wiocc Group has secured $65-million in debt financing to expand open-access digital infrastructure across Africa.
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YouTube views and podcast downloads are soaring as the long-struggling SABC expands its digital footprint.
South Africans can now spend cryptocurrency directly at more than 650 000 Scan to Pay-enabled stores nationwide.
OpenAI is hoping to drive the strong momentum it has enjoyed among consumers to its enterprise business.
Former CEO of communications regulator Icasa Willington Ngwepe has been appointed as CEO of MultiChoice LicenceCo.
The SABC has reported a 28% year-on-year increases in losses as it awaits progress on a new funding model.
With TV licence fee evasion still prevalent, the SABC has warned its funding model is no longer sustainable.
World News
The US is poised to launch its third crackdown in three years on China’s semiconductor industry, sources said.
A senior official at Uganda’s finance ministry downplayed the extent of the losses.
Namibia has ordered Starlink to cease all operations, saying the service is operating without the required licence.
Offshore hackers stole R305-million from Uganda’s central bank, the state-owned New Vision newspaper reported.
