ARTICLES RELATING TO COMPANIES

WATCH: Innovative cars that didn't take off

2019-08-24 13:58

Ambition and innovation go hand-in-hand in the car industry, however in some cases, manufacturers can go too far.

Huawei sees a $10bn hit to mobile unit from US curbs

2019-08-23 20:34

Huawei expects US export restrictions to reduce annual revenue at its consumer devices business by about $10bn, as the company is banned from buying American components like semiconductors and software.

Standard Bank sees its west African growth taking off from 2020

2019-08-23 13:09

Standard Bank expects its investment into French-speaking West African countries to start taking off once its Ivory Coast business becomes established and Senegal becomes operational.

Tongaat unit suspended from trading on Zim stock exchange

2019-08-23 07:51

The Zimbabwe Stock Exchange has halted trading of Tongaat Huletts unit, Hippo Valley, following a delay in the publication of its financial results for the period to March 2019.

PICS: Why luxury honeymooners are kicking off marriage with adventure

2019-08-22 06:00

Honeymoon business is booming, and luxury honeymooners make up a whopping 15% of the R184bn a year industry. The average US pair spends R68 500 on their honeymoon, three times the average amount for a typical vacation, says TripSavvy.

WATCH: Disney misses forecasts as it readies Netflix rival

2019-08-19 21:38

Walt Disney reported a steeper earnings decline than Wall Street expected as the company poured money into the streaming media business it is building to challenge Netflix.

SABC to fight 'irregular appointments' as it heads to Labour Court

2019-08-19 19:31

The South African Broadcasting Corporation confirmed to Fin24 that it will on Tuesday head to Labour Court as it seeks to file an application to declare irregular appointments as unlawful.

Volkswagen, Nissan to get tax breaks for plants in Ghana

2019-08-18 11:37

Ghana will offer tax breaks of up to 10 years to automakers that set up local manufacturing plants, as the government seeks to attract international companies such as Volkswagen and Nissan.

WATCH: Nike steps into the subscription service business

2019-08-15 12:38

Parents can subscribe for kids ages 2 to 10 and receive Nike shoes delivered to their door. The boxed service boasts over 100 different styles of kicks ranging from performance to street wear options.

Pilot turns self-styled whistle-blower after 737 Max crash

2019-08-14 11:41

It was March 10 when the Ethiopian 737 Max 8 went down, Ethiopian Airlines captain Bernd Kai von Hoesslin was in a West Africa hotel between flights. He said he called his crew into a private corner of a restaurant and warned them there would be no survivors.

 

Zim's Econet puts media unit up for sale after closure announced

2019-08-23 21:09

Econet Wireless of Zimbabwe has put its media unit up for sale after saying earlier this month it would be closed because of a shortage of foreign currency in the country.

WATCH: Quantum cyber-attacks are coming, scientists say

2019-08-23 19:04

Quantum supercomputers are on the way, scientists say, but they'll herald hacking risks as well as huge advances.

'Africa's Amazon' Jumia finds wrongdoing in Nigeria sales force as loss widens

2019-08-23 11:26

Jumia Technologies AG has identified improper transactions at the Africa-focused online retailer’s Nigeria business that amounted to as much as 4% of first-quarter sales.

Cell C credit rating cut to D by S&P on missed interest payments

2019-08-22 20:37

Cell C has suspended the payments as part of an effort to recapitalise the company and increase liquidity, chief executive officer Douglas Craigie Stevenson has said.

Facebook launches tool to let users control data it gathers about their web activity

2019-08-20 19:11

Facebook, under pressure to ramp up privacy rules across its platform, said on Tuesday it was rolling out a tool allowing users to control data that it receives from other apps and websites about their online activity.

Tesla offers no-contract solar panel rentals, with a catch

2019-08-19 21:32

Tesla’s latest bid to revive its foundering solar division may sound familiar: rentals.

US gives Huawei 90-day reprieve on ban

2019-08-19 17:07

Chinese telecom giant Huawei has been given a 90-day reprieve on the ban from buying US technology, Commerce Secretary Wilbur Ross has said.

Sasol delays results for review of $13bn investment

2019-08-16 11:51

Sasol has plunged the most in more than two decades after the company delayed its financial results for a month to coincide with a report on what went wrong during construction of its near-$13bn Lake Charles chemical project in Louisiana.

Analysis: Iqbal Survé's AYO's last stand

2019-08-15 07:15

Technology firm warns of its “imminent demise” if the PIC’s R4.3-billion claim succeeds – but finds it hard to answer some allegations.

WATCH: Fake Samsung update app has 10 million downloads, report finds

2019-08-14 09:43

A new report by the CSIS Security Group has found that "Updates for Samsung," a third-party app on the Google Play store, had been misleading users into paying for software updates on their Samsung phones.

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