South Africa

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …