Taiwan Semiconductor Manufacturing Co. kicked off mass production of 3-nanometre chips, seeking to keep its place as the dominant supplier of the world’s most advanced semiconductors. TSMC joins Samsung Electronics …
South Africa
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BusinessFinance & ServicesManufacturingSouth Africa
SA’s largest sugar producer gets money from IDC to complete it’s milling season
SA’s largest sugar producer, Tongaat Hulett, has received an undisclosed sum from the Industrial Development Corporation (IDC) to help it complete its milling season and do maintenance. Tongaat was place …
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Twitter suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours …
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BusinessINVESTMENTMarketsSouth Africa
Shoprite CEO Pieter Engelbrecht sells R20 million in the company’s shares
Shoprite CEO Pieter Engelbrecht sold R20 million in the company’s shares in the week before Christmas. According to a statement released by the group on Wednesday, the sale is part …
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Tencent Holdings Ltd. joined a rally in Asian gaming stocks Thursday after China green-lit its latest clutch of blockbuster titles, reinforcing hopes Beijing is easing a crackdown on the world’s …
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The tailspin in Tesla Inc. shares accelerated Tuesday, marking their longest losing streak since 2018, as a report of a plan to temporarily halt production at its China factory rekindled …
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Eskom will increase load-shedding from stage 1 to a rotation of stage 2 and stage 3 for the rest of the week. The utility said it would implement stage 3 on …
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South Africa passed 200 days of power cuts in 2022 on Tuesday, with more to come. Eskom has implemented record rotational blackouts this year because its old and poorly maintained …
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BusinessMarketsSouth AfricaTechnology
Facebook, Google and Microsoft could be boiled down to one factor
Peter Thiel, the founder of PayPal and Palantir, says the success of tech giants like Google, Facebook, and Microsoft could be boiled down to one factor — they are monopolies. …
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BusinessMobile Telecommunications Network (MTN)South AfricaTechnologyTelecommunications
South African reveal the biggest achievements on networks mobile in 2022
The first-ever high-demand frequency spectrum auction, a tussle for Telkom, and a big step towards rescuing Cell C were among the most significant events in the South African mobile network …