“Radical economic transformation” has become the South African government’s new mantra as it advocates giving the nation’s black majority a bigger stake in the economy 23 years after the end of white minority rule. What exactly it
As South Africa’s political climate goes from fractious to feverish, with protests mounting against the embattled president, Jacob Zuma, a former national leader and titan of the ANC has waded into the fray. Thabo Mbeki, who led
Elon Musk’s SpaceX launched a sensitive mission for the US military and landed the rocket’s booster on land, marking the company’s fifth successful mission of 2017. A Falcon 9 rocket carrying NROL-76, a classified payload for
Sony shares jumped to their highest since May 2015 after a bullish earnings report triggered analyst predictions that the electronics maker could achieve record profit this year. The Tokyo-based company rose
In a surprise development, Isaac Mophatlane, CEO of Telkom subisidiary BCX (formerly Business Connexion), has resigned. Mophatlane, the twin brother of late former BCX CEO Benjamin Mophatlane, has led the company
Did you miss TechCentral’s recent podcast interview with Adriana Marais, one of the 100 people worldwide shortlisted by the Mars One project to travel to the Red Planet to establish a human colony. If so, then you missed out. You can listen to the
South African businessman Mathews Phosa said he accepted a nomination to stand as president of the ruling ANC. Phosa will challenge deputy President Cyril Ramaphosa and Nkosazana Dlamini-Zuma, a former chairwoman
IBM’s compensation plan for top executives drew record shareholder opposition after the board boosted CEOGinni Rometty’s pay package more than 60% last year. About 46% of the votes cast at the 25 April annual meeting in
Apple has cut off billions of dollars in payments to Qualcomm, turning a contract dispute into what one analyst called an “all-out war” that has forced the chip supplier to slash forecasts given only days ago. The world’s largest publicly
President Jacob Zuma signed into law the Financial Intelligence Centre Amendment Act, aimed at fighting tax evasion and money laundering. Lawmakers in February approved changes to the legislation that clarified the