Olivia Kumwenda-Mtambo

3 weeks ago | gurutrade.com | Nqobile Dludla |Olivia Kumwenda-Mtambo |Aurora Ellis

BYD aims to capture early NEV market share in South Africa Launched three new models in South Africa in April Plans to expand dealership network to 30-35 by next year JOHANNESBURG, June 5 (Reuters) - Chinese electric-vehicle giant BYD (002594.SZ), opens new tab plans to nearly triple its dealership network in South Africa by next year as it looks to grow its market share in the country, a senior executive told Reuters.

1 month ago | zawya.com | Olivia Kumwenda-Mtambo |Nqobile Dludla

South Africa has announced draft policy recognising alternatives to Black ownership requirements, which could encourage Elon Musk's Starlink and other communications companies to operate in the country. South Africa's Electronic Communications Act requires foreign-owned communications licensees to sell 30% of equity in their local subsidiaries to historically disadvantaged groups - a provision criticised by Starlink and other companies.

1 month ago | reuters.com | Olivia Kumwenda-Mtambo |Nqobile Dludla

JOHANNESBURG, May 23 (Reuters) - South Africa has announced draft policy recognising alternatives to Black ownership requirements, which could encourage Elon Musk's Starlink and other communications companies to operate in the country. South Africa's Electronic Communications Act requires foreign-owned communications licensees to sell 30% of equity in their local subsidiaries to historically disadvantaged groups - a provision criticised by Starlink and other companies. Sign up here.

1 month ago | thestar.com.my | Olivia Kumwenda-Mtambo |Alexander Winning

JOHANNESBURG (Reuters) -Facing a barrage of debunked claims from U.S. President Donald Trump that white people were being persecuted in his country, South African President Cyril Ramaphosa remained composed, pushed back politely and even tried to joke with Trump. Ramaphosa may have drawn on his experience as the African National Congress's lead negotiator in talks that led to the peaceful end of apartheid in 1994 during Wednesday's televised confrontation in the Oval Office.

1 month ago | marketscreener.com | Kopano Gumbi |Wendell Roelf |Olivia Kumwenda-Mtambo

Published on 05/21/2025 at 10:05 CAPE TOWN (Reuters) -South Africa made only minor adjustments to its spending plans and deficit projections in a third budget presented on Wednesday that was overshadowed by a meeting between its president and U.S. leader Donald Trump later in the day. Finance Minister Enoch Godongwana had to appear before lawmakers in Cape Town for a third time after disagreements in the ruling coalition derailed two previous budget versions.