On any given day, there could be a half dozen autonomous cars mapping the same street corner in Silicon Valley. These cars, each from a different company, are all doing the same thing: building high-definition street maps

Government has proposed a one percentage point increase in the value-added tax rate to 15%. The increase was widely anticipated in tax circles as it is arguably the most effective way of raising significant amounts of

The ANC took a political gamble by increasing sales tax ahead of elections next year as new President Cyril Ramaphosa seeks to stabilise debt and prevent a third junk credit rating. The value-added tax rate will be raised

South Africa’s inflation rate slowed in January, easing pressure on the central bank to maintain a tight monetary stance. Inflation slowed to 4.4% from 4.7% in December, Statistics South Africa said Wednesday in

The rand reached a three-year high after Cyril Ramaphosa was sworn in as head of state on 15 February, fueling optimism among investors that management of South Africa’s economy will improve. Benchmark bond yields fell