The stock market is a weighing machine of companies’ potential rather than their current circumstances. That is doubly true for Amazon.
Nigeria is seeking about $2-billion in back taxes from MTN Group, another curve ball directed at Africa’s biggest wireless carrier that’s come to light less than a week after it was ordered to refund $8.1-billion in “illegally” repatriated funds.
Amazon.com shares rose as much as 1.9%, pushing the company briefly beyond a market value of US$1-trillion, a milestone Apple reached just last month.
In this episode of the podcast, Duncan McLeod interviews Grant Bodley, CEO of Dimension Data in the Middle East and Africa.
In this episode of the podcast, Duncan McLeod interviews Sbu Shabalala, CEO of the fast-growing JSE-listed software specialist Adapt IT.
China is exploring a merger between two of the nation’s three wireless carriers to speed up the development of 5G mobile services amid a race with the US over the technology, according to people familiar with the matter.
President Cyril Ramaphosa has suffered the same false start as his predecessor nine years ago: a recession in his first six months in office.
Johannesburg-listed telecommunications group MTN said on Tuesday that is has concluded the sale of its subsidiary in Cyprus to Monaco Telecom, and has collected €262-million in cash from the transaction.
Telkom CEO Sipho Maseko has urged policymakers to “anticipate what the problems will be in 2025” and to look at regulation holistically instead of dealing with each on a standalone basis.
Mercedes-Benz, the world’s largest maker of luxury cars, is rolling out its first in a series of battery-powered vehicles, adding to a growing array of high-end brands targeting Tesla.