Elon Musk, the billionaire owner of Twitter Inc., said that usage on the social media platform is “at an all-time high,” without providing evidence or explaining how he defines usage. …
South Africa
- BusinessGlobal NewsInformation & TechnologySouth Africa
- BusinessMarketsMobile Telecommunications Network (MTN)South Africa
MTN South Africa revenue grow by 2.2% yearly and hit by Cell C rescue and load-shedding
MTN has published its quarterly trading update for the three months ended September 2022, revealing that service revenue grew by just 2.2% year-on-year in South Africa. For the third quarter of 2022 …
- AgricultureBusinessEastern AfricaEconomySouth Africa
Tanzania Exports it’s First Consignment of Processed Cashew Nuts to the US
Tanzania has exported its first consignment of processed cashew nuts to the United States, as the country seeks to move away from exporting raw nuts to value-added ones. The eight-tonne …
Four South African labor unions took a step toward joining a strike over the government’s refusal to raise their pay by more than 3%. The unions, whose members include employees …
Glencore officials delivers cash in private jets to officials across Africa, UK prosecutors said as they laid out a web of bribery and corruption orchestrated by the London oil trading …
- AmazonBusinessMarketsSouth AfricaTechnology
Amazon market value witnesses $1 trillion decrease for the first time since 2020
Amazon.com Inc. shares fell on Tuesday, with the e-commerce and cloud-computing company closing below $1 trillion in market value for the first time since the early days of the Covid-19 …
- AmazonBusinessEconomySouth Africa
Elon Musk announces $8 monthly charges for twitter verification badge
Elon Musk said the premium version of Twitter, called Blue, will cost $8 (R145) a month and will include a verified check mark for paying users’ accounts. Musk, who acquired …
- AmazonBusinessEconomyINVESTMENTSouth AfricaTransportation & LogisiticsUBER
Uber witnesses consumer retreat despite inflation
Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust. The ride-hailing service scored a 72 percent jump in …
- Banking, Finance & InvestmentEconomyEnergySouth AfricaSouthern Africa
South Africa’s growth rate would expand if it moves away from coal
South Africa could achieve higher economic growth if it moves away from coal and adopts renewable energy sources, a report by the World Bank shows. The Country Climate and Development …
A meeting was held among members of the South African intelligence and its American counterparts hours before the US embassy issued a statement warning of a possible terror attack in …