Research from DataEQ, in partnership with Deloitte Africa, shows that telecoms remains South Africas least-liked industry. The latest South African Telecommunications Sentiment Index revealed that t… [+3026 chars]
BMW AG long tried to bill its flagship 7 Series sedan as the more fun-to-drive alternative to similar offerings from Mercedes-Benz AG. As the rivalry goes electric, the German manufacturer is trying … [+2631 chars]
Netflix Inc. investors punished the company for its shock loss in subscribers and abrupt turnabout to embrace advertising after years of shunning it. Shares of the streaming leader plunged 35%, eras… [+5514 chars]
<ul><li>Old Mutual is proposing a new BEE scheme that will boost its black ownership from 25% to more than 30%. </li><li>It plans to issue 205.3 million new shares to its employees, a community trust… [+2373 chars]
Barclays is selling 7.4% of Absa, a stake in its former African unit valued at as much as R11.1 billion. The firm is placing about 63 million shares to institutional shareholders via an accelerated … [+638 chars]
Chemicals company Sasol has launched a new customer rewards programme which it says will offer savings on fuel purchases and other benefits. Called Sasol Rewards, the programme will let customers ea… [+1602 chars]
<ul><li>Google in Africa has eight vacancies for creatives looking to transform digital Africa. </li><li>The product development centre based in Kenya is aimed at bringing together African minds and … [+9183 chars]
<ul><li>Range Rover Velar line-up is reduced from 18 versions to 13 for SA for 2022.</li><li>The plug-in hybrid electric version can travel more than 50km on a single charge.</li><li>They are packed … [+8308 chars]
While South African March headline CPI came in slightly below consensus at 5.9%, inflation is expected to breach the South African Reserve Bank’s 6% threshold and prompt further rate hikes. The majo… [+5419 chars]
Annual consumer price inflation rose to 5.9% in March from 5.7% in February, driven in large part by fuel price hikes. This was slightly lower than expected - economists polled by Reuters forecast a… [+1285 chars]