South African wine is becoming more popular in Japan, where its market share has been growing faster than the average growth of wine as a category in that country. Marcus …
South Africa
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After a storming year in 2021, Bitcoin’s value declined significantly in 2022, dropping as low as $15,757 in November. The world’s largest cryptocurrency didn’t start the year well, having its worst …
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Eskom has announced that it has incurred a R12.3 billion loss for the year ending 31 March 2022. This is an improvement on 2021’s R25 billion loss caused by Eskom’s …
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Meta Platforms has agreed to pay $725 million to settle a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica It’s “the largest recovery …
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Intel, the biggest maker of processors that are the heart of computers, broke up its graphics-chip organization in a bid to accelerate efforts to take sales from Nvidia and AMD. …
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Netflix will begin cracking down on password sharing from early in 2023, The Wall Street Journal (WSJ) reports. Citing people familiar with the matter, WSJ reported that changes would roll …
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AfricaBusinessINVESTMENTSouth AfricaTechnology
MultiChoice Group offers an attractive investment opportunity at current levels says FNB
FNB Stockbroking and Portfolio Management said MultiChoice Group offers an attractive investment opportunity at current levels. They recommend a long position in MultiChoice with an upside target price of R153 …
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Telkom’s interim results, published on 23 November, revealed that its wholly-owned subsidiary, BCX, increased revenue by 0.8% on the back of 13.7% growth in IT business revenue. It was the …
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BusinessSouth AfricaTechnology
Twitter users vote for Elon Musk to step down from his role as the head of social platform
Twitter Inc. users voted for Elon Musk to step down from his role as head of the social platform in a poll the billionaire entrepreneur said he would respect, potentially …
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AFRICA NEWSSouth AfricaSouthern Africa
South African president reelected leader of ruling ANC party
by Editorby EditorSouth African President Cyril Ramaphosa has been reelected as the leader of the ruling African National Congress party. Ramaphosa beat his rival, former Health Minister Zweli Mkhize by 2,476 votes …