Ekurhuleni, east of Johannesburg, may have a head start in the race between South African cities to buy their own power to alleviate load shedding.

Reunert has increased its interim dividend by 7% to 75c/share, despite tough trading conditions that saw it eke out a 1% year-on-year improvement in headline earnings per share.

The World Bank is concerned about a plan by the Central African Republic to set up a crypto hub after it became the world’s second country to adopt bitcoin.

Megacap US technology stocks are sinking again along with hopes that this year’s selloff had reached the point of exhaustion.

Apple has told its suppliers to speed up iPhone development after China’s strict Covid-19 lockdowns hampered the schedule for at least one of the new phones, a report said.

Until recently, Tesla was considered the ultimate growth stock, rising 50% last year and closing at $1 145 on 4 April. No longer.

Apple, facing mounting criticism of its App Store policies, has defended the platform by pointing to the small-business jobs and revenue it generates.

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