Tesla assured investors its highly anticipated Model 3 sedan is on track to begin production, mitigating concerns that the car maker, led by Elon Musk, is burning through more cash to bring the
A nuclear programme cannot be implemented in a fiscally responsible way in the current economic growth environment, an analyst warns. “Any single way you look at it, nuclear does not work in the current growth
Nasdaq-listed technology education company 2U has announced it is acquiring Cape Town-based start-up GetSmarter for $103m (about R1,4bn). GetSmarter, founded by brothers Sam and Rob Paddock, develops online short
South African opposition parties will fail in their campaign to remove Jacob Zuma as president and the government won’t be distracted by protests against his leadership, finance minister Malusi
MTN on Wednesday said group revenue increased by 7,1% year on year, supported by a 29,4% improvement in data revenue, suggesting a return to a firmer footing for the Johannesburg-headquartered emerging markets telecommunications giant. However, group subscriber
The Democratic Alliance has welcomed a commitment by department of telecommunications & postal services director-general Robert Nkuna that he will consider commissioning properly researched financial impact assessments of proposed new
Rob Shuter used his first quarterly report as CEO of MTN Group to commit the wireless operator to major investments in its biggest markets of Nigeria, South Africa and Iran. The spending plan “is expected to support further market
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A hacker who has unsuccessfully tried to hold Netflix to ransom has achieved an unexpected result: his failure shows that subscription-based business models in content distribution is making piracy pointless. Intellectual property
Apple reported falling iPhone sales, highlighting the need to deliver blockbuster new features in the next edition of the flagship device if the company is to fend off rivals like Samsung Electronics. Investor confidence has been mounting ahead