Browsing: Donald Trump

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What Trump told US tech leaders

Tech executives summoned to meet with Donald Trump in New York Wednesday had reason to suspect they were being lured into a trap. In the run-up to the election, the President-elect clashed with industry

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MTN said to extract billions from Iran

MTN Group, the South African wireless carrier that’s been trying to repatriate US$1bn from Iran, has managed to extract several hundred million dollars or several billion rand from the country with the

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Bill Gates pushes green energy with Trump

On one end of the phone, there was Bill Gates, the Microsoft co-founder, who has pledged a good chunk of his fortune to ending climate change. On the other end of the line, there was President-elect Donald Trump, who has described

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Trump to meet US tech leaders

President-elect Donald Trump invited technology leaders to a discussion next week in New York where Silicon Valley will begin building relationships with an incoming administration it initially distrusted and mostly criticised. Oracle co-CEO

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Reserve Bank keeps rates steady

The South African Reserve Bank left borrowing costs unchanged for a fourth consecutive meeting as it projects the inflation rate will fall back to within its target and the economy is set to expand at the slowest pace since a recession six years ago. The central bank

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Facebook to crack down on fake news

Facebook is taking steps to address its role in spreading fake news, such as enlisting the help of third-party fact checkers and posting warnings on dubious stories. CEO Mark Zuckerberg on Friday responded to

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SA rates set to rise on inflation fears

Investors are betting on a South African rate increase as inflation expectations surge in the wake of a collapse in the rand. Forward-rate agreements starting in 12 months, used to speculate on policy moves, added 40 basis

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