Browsing: Business

The South African rand clawed back some losses in early trade on Friday, as the wait for the announcement of…

South Africa’s rand soared to an 11-month high on June 19, 2024, strengthening to 17.9575 against the dollar, a 0.57%…

Less than two weeks after Nvidia jumped Apple in terms of its overall valuation, the Graphics Processing Unit (GPU) maker has now passed…

X post on Monday, Elon Musk – owner of X and CEO of Tesla and SpaceX – said he would…

The results of the Gross domestic product (GDP) by Statistics South Africa (Stats SA) show a decrease of 0.1% in…

President Cyril Ramaphosa has finally signed into law the Revenue Laws Amendment Bill of 2023 that establishes the two-pot system…

Investors in South Africa had anticipated an election result in which the ruling African National Congress could govern handily in…

President Emmerson Mnangagwa of Zimbabwe announced on Saturday that Elon Musk’s Starlink satellite business is now able to operate in the country of southern Africa thanks to a telecom regulator’s approval. High-speed, reasonably priced LEO (low-Earth orbit) internet infrastructure “is expected to be deployed throughout Zimbabwe and particularly in all the rural areas,” according to a statement released by Mnangagwa following the decision. According to him, IMC Communications will be Starlink’s only and exclusive local partner for service delivery. According to a 2021 World Bank estimate, just 34.8% of Zimbabweans had internet connection. The country’s internet service is dominated by three major mobile network operators. The Starlink approval…

South Africans who are currently subscribing to medical aid schemes through which they access private healthcare should not ditch their…

The Department of Mineral Resources and Energy has announced that petrol prices will increase from Tuesday midnight, while diesel prices…