Diesel above R30/l is pushing South African fleets towards electric vehicles. Consumer interest is also on the up.
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Naspers’s Prosus is slashing the Brazilian business’s profit forecast to defend it from well-funded competitive rivals.
Streaming giant Netflix is keen to remind regulators and economies of its weight as growth pressures mount.
Vodacom Group Shameel Joosub has warned of severe upward pressure on device prices as the RAM crisis intensifies.
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PDD Holdings more than doubled revenue after deepening inroads into countries including South Africa.
Nvidia shares jumped 5.9% to US$1 005 in extended trade, peaking above the psychologically important $1 000 mark.
Microsoft and G42 have announced plans to build a hyperscale data centre in Kenya to service the East Africa region.
Reunert’s interim results, though positive, would have been better had Nashua not been impacted by the logistics crisis at South Africa’s ports.
BYD, which overtook Tesla late last year as the biggest global EV maker, is about to raise the stakes.
The PC just got an AI makeover, raising hopes that the buzzy technology will help revive an industry under pressure.
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Andreessen Horowitz has raised a $4.5-billion crypto fund, the industry’s largest to date.
The World Bank is concerned about a plan by the Central African Republic to set up a crypto hub after it became the world’s second country to adopt bitcoin.
Megacap US technology stocks are sinking again along with hopes that this year’s selloff had reached the point of exhaustion.
Apple has told its suppliers to speed up iPhone development after China’s strict Covid-19 lockdowns hampered the schedule for at least one of the new phones, a report said.
The Savoy region of France is best known for its fir-lined ski slopes and picturesque Alpine villages. Less known is the fact that, deep beneath some of these slopes, scientists are investigating one of the greatest mysteries in physics
Should central banks embrace cryptocurrencies, or even pioneer their own? In a nutshell, no. Crypto assets are an unusual innovation, still in flux and often poorly understood. Trying to centralise them in a bureaucracy is exactly
