Naspers shares fell more than 7% on the JSE after the global media and entertainment group said it was planning to sell up to 190m shares.
Government and business are hoping that a number of positive economic signs will see the country avoid a ratings downgrade by Moody’s.
Eskom wants to recover tens of billions of rands that it lost due to overspending on coal and lower than expected sales between 2014 and 2017 – which could mean a massive tariff hike for businesses and consumers before the end of 2018.
South Africa hopes to stave off a downgrade of the country’s sovereign debt to below investment grade by rating agency Moody’s Investors Service.
Think that fibre is the only industrial-strength internet option for your firm? Think again…
Transnet yesterday signed a R10.4billion contract with resources group South32.
China said it doesn’t fear a trade war with the US, as it announced plans for reciprocal tariffs on $3bn of imports from the US.
Even his most optimistic sympathisers will struggle to find silver linings in Jacob Zuma’s presidency, making it extremely difficult to cast him as a masterly statesman, says Khulekani Magubane.
Facebook has now by added an admin feature Group Chats. This comes after the Cambridge Analytica data scandal.
A regulatory rebuke for one of the world’s largest cryptocurrency exchanges is giving Bitcoin investors the jitters.
Moody’s next review, expected on Friday, will be the first real test of whether investors and ratings agencies are happy with policy direction.
British American Tobacco has said that remuneration for its executive directors will increase by nearly 5% for the year to the end of December.
BMW has cautioned government about proposed changes to its automotive policy that would endanger growth and future existence of the domestic industry.
The Rand weakened yesterday as investors treaded cautiously and booked recent profits ahead of Moody’s review.
This week we are featuring entrepreneur Sheraan Amod, who is the CEO of RecoMed, an online healthcare booking platform.
Karo Resources will spend $4.2bn on a Zimbabwean platinum project in the first big investment since President Robert Mugabe’s ousting in November.
Would you act on imperfect intuition to commit a crime which could harm yourself or others, and when the big moral challenge comes, would you rise to the occasion, asks Ian Mann.
A good life for all with the aid of machines requires a system in which robots, algorithms and AI function in the interests of all and not for the profit of the few, says Terry Bell.
Global ratings agency Moody’s is likely to make its long-awaited announcement on whether it will downgrade SA’s credit rating on junk status on Friday.
VR has suffered from an image problem, so could very high resolution headsets be the answer?
Swiss watchmakers are turning to smart devices in a bid to take on Apple and Samsung.