Bitcoin continued its stellar rally on Wednesday, surpassing the $12 000 level for the first time in almost a year and a half.

Chinese smartphone maker Oppo has revealed another glimpse of its hidden selfie camera technology as manufacturers explore new designs to maximise display space.

Aerospace firm Boeing has announced plans to work on self-flying taxis with an American start-up backed by Google co-founder Larry Page.

Denel has received a loan to pay its staff their full salaries this month, according to public enterprises minister Pravin Gordhan, giving the company a short-term reprieve from a cash crisis.

Technology group Etion has reported a 108% slide in full-year headline earnings per share to a loss of 0.56c and has blamed the weak South African economy for the poor performance.

A meltdown at some of South Africa’s biggest state companies is intensifying, placing the nation’s finances at risk and frustrating President Cyril Ramaphosa’s efforts to attract new investment and resuscitate a moribund economy.

Facebook’s plan for a new cryptocurrency has the potential to change entire industries. A more likely outcome is that the technology transforms the social media giant’s own business.

Telkom Group CEO Sipho Maseko has sold more than 112 000 shares in the telecommunications operator, bagging R10.8-million in the process.

The South African Revenue Service has encouraged taxpayers to submit income tax returns via e-filing or a new MobiApp when the tax season commences on 1 July.

State-owned arms manufacturer Denel said it doesn’t have enough cash to pay its staff their full salaries this month, joining other government-owned companies clamouring for support in South Africa.