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 …
South Africa
- AfricaBusinessINVESTMENTSouth AfricaTechnology
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 …
- 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 …
- 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 …
Founded by Ghanaian photographer and film-maker Paul Ninson, the Dikan Centre houses more than 30 000 books he has collected. The largest photography library in Africa has opened in Ghana’s …
- AfricaAFRICA NEWSSouth AfricaSouthern Africa
Activists say Amazon is building on sacred land in South Africa
by Editorby EditorA group of activists is bringing a dispute from South Africa’s Cape Town to Amazon’s Puget Sound headquarters, hoping to stand in solidarity with some Indigenous people and appeal directly …
- AfricaAFRICA NEWSSouth AfricaSouthern Africa
De Ruyter’s exit a massive blow to South Africa
by Editorby EditorThe resignation of Andre De Ruyter is a major blow for Eskom and the efforts to address the energy crisis we are facing on an ongoing basis, says Business Unity …
- AfricaAFRICA NEWSSouth AfricaSouthern Africa
Private Companies Hoard Cash as South African Business Environment Deteriorates
by Editorby EditorBusinesses and households in South Africa held on to more cash in the third quarter, when power outages reached an all-time high. Gross savings by corporates climbed to 15.9% of …
- SecuritySouth AfricaTechnology
Twitter suspends multiple accounts that track the locations of private jets
Twitter Inc. suspended multiple accounts that track the locations of private jets using publicly available flight data, including one that followed the plane of the company’s owner, Elon Musk. Musk …
The US Senate voted to ban the hugely popular TikTok video-sharing app from all government-issued phones and other devices as the Biden administration considers restrictions on the Chinese-owned platform. The …