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.
More News
Ford’s new Ranger plugin hybrid is not selling as well as expected, while tax changes in the UK have impacted exports.
Microsoft has appointed Vukani Mngxati as the new CEO of its South African business as it ramps up its spending on data centres.
Seacom has revealed more details about its planned Seacom 2.0 cable, including its construction timetable and technology.
Capitec’s fintech bet pays off as mobile and value-added services now deliver over a quarter of bank revenue.
Chinese smartphone brands are aiming for the sort of growth Chinese car makers are enjoying in the local motoring industry.
Amazon has unveiled a refreshed line-up of devices optimised for its new AI-infused Alexa+ voice assistant.
World News
Britain’s The Guardian said it will no longer post to X, citing “disturbing content” on the social media platform.
Meta Platforms must face trial in a US Federal Trade Commission lawsuit seeking its break-up.
Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new US department of government efficiency.
Apple, aiming to catch up with rivals in the smart home market, is nearing the launch of a new product category.
